Business Categories
  • Area Req
    10000 - 15000 Sq.ft
  • Investment Range
    INR 5 Cr - 10 Cr
  • No. Of Franchise Outlets
    Less than 10
Business Details

About Us:

Ritu Wears is one of the biggest family apparel and accessories store chain in North India and a reputed name in Delhi's fashion industry.

In the rapidly evolving retail scenario, Ritu Wears holds a legacy of over 5 decades, due to which, it has successfully carved a niche for its brand of merchandise, which today has a loyal following. Riding high on the success of the India's leading fashion apparel and accessories brand, Ritu Wears is now moving ahead to promote and expand its business through the FOFO franchise model pan India.

With multiple stores across North India, the company's focus is to expand within 300 kms in Delhi and other states like Haryana, Punjab, Uttar Pradesh, Rajasthan, etc. via 50 units.

Investment Details

Commenced Operations

Operations Commenced On 2017

Franchise Commenced On 2017

Franchise Details
Units

Investment INR 5 Cr. above

Franchise/Brand Fee INR 1500000

Royalty/Commission 5 %

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

- NA -

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 34 %

Likely pay back period of capital for a Unit Franchise 4-5 Years

Other investment requirements 00

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 10000 - 15000 Sq.ft

Preferred location of unit franchise outlet NCR, North India

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Corporate office

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 9 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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