Prime Vogue Franchise Cost – How to get, Contact, Apply, Fee

Prime Vogue is an innovative retail brand focusing on the seamless integration of electronic retail and e-commerce services to meet the daily needs of customers across India. By realigning localized offline businesses into an omnichannel powerhouse, Prime Vogue is set to revolutionize the way electronics are bought and sold. Their goal is to provide a convenient, doorstep delivery service that addresses the electronic needs of a large, diverse consumer base in India’s Tier 1 and Tier 2 cities.

Prime Vogue believes in the ever-growing demand for electronic components and products, as electronics play an integral role in almost every aspect of daily life, from cooking to entertainment. By combining retail and online stores, Prime Vogue offers a convenient solution for people to shop for their electronic necessities, whether it’s home appliances, entertainment gadgets, or personal electronics.

Franchise Details:

• Investment: Rs. 50,000 - Rs. 2,00,000
• Franchise/Brand Fee: Rs. 25,000
• Royalty/Commission: 0%
• Expected Return on Investment (ROI): 80%
• Payback Period for Capital Investment: 6-11 months
• Additional Investment Requirements: Rs. 5,00,000
• Floor Area Requirements: 85 - 100 Sq. Ft.

Key Features of Prime Vogue Franchise:

• Affordable Initial Investment: The investment range of Rs. 2 lac to Rs. 5 lac makes it a low-cost opportunity to enter the electronics retail and e-commerce sector.
• Low Franchise Fees: A one-time franchise fee of Rs. 25,000 ensures a low entry barrier for potential franchisees.
• No Royalty Fees: The absence of royalty or commission fees means franchisees can retain all of their earnings, contributing to a more profitable business model.
• High Return on Investment (ROI): With an expected ROI of 80%, Prime Vogue offers a lucrative opportunity for investors looking for significant returns.
• Quick Payback Period: The estimated payback period is between 6 to 11 months, making this an attractive investment for franchisees seeking a relatively fast return on capital.
• Additional Investment: Apart from the franchise cost, an additional investment of Rs. 5,00,000 is required, likely for stocking inventory, setting up the outlet, and other operational costs.
• Compact Store Setup: The space requirement is modest, ranging from 85 to 100 square feet, making it an ideal opportunity for small retail locations in high-traffic areas.
• Omnichannel Approach: Prime Vogue blends traditional retail with e-commerce to provide customers with the flexibility to shop in-store or online. This approach allows franchisees to tap into both in-person and digital shopping trends.
• End-to-End Support: Franchisees will benefit from comprehensive support in areas like business operations, marketing, inventory management, and product supply. Prime Vogue ensures its franchisees are equipped with the tools and knowledge to succeed in this competitive market.

Prime Vogue offers an excellent franchise opportunity in the growing electronics retail sector, backed by a strong omnichannel approach that combines the benefits of both physical and online stores. With a relatively low initial investment, no royalty fees, and a high return on investment, this business model is attractive to investors looking for a profitable venture. The payback period of 6-11 months is also appealing, making it a worthwhile option for entrepreneurs interested in tapping into India’s expanding consumer electronics market. Whether you're looking to invest in a new business or expand your existing portfolio, Prime Vogue presents an exciting opportunity to be part of a fast-growing, innovative brand.