Lifestyle retail stores sells a wide variety of categories under a single brand at an affordable price
The variety lifestyle retail industry is booming with time, welcoming entrepreneurs to invest in the sector and create names for themselves. As the Indian business ecosystem is constantly evolving through different business models and segments, the future looks quite promising with some definite and fruitful results for both the investor and the industry.
Over the past couple of years, the variety lifestyle retail section has gained tremendous popularity which eventually resulted in its increased demand. Entrepreneurs are now heavily looking to invade this sector with new business ideas that could provide them with a different platform to grow their business in, in this stiff, competitive industry.
Lifestyle retail stores through franchising are selling a wide variety of categories under a single brand. It is designed in such a manner that it can associate a brand with one or another, aspiring lifestyle simultaneously.
Lifestyle stores may include clothing, housewares, furniture, stationery, gifts, and so on.
2358 stores can be the ultimate destination for shoppers that are looking for a wide range of products under one single roof. The brand is currently selling a different kind of products from different segments like cosmetic products, electronic gadgets, and more at the most affordable price with quality services.
The inception of this brand took place in 2008 after which the brand initiated with its franchise model in the same year. From cosmetics to digital products, one can find a variety of options in a 2358 store that are designed keeping the vast expectation and demands of the current shopping customers.
The 2358's franchise is available at a cost of around INR 40 lakhs with the minimum area of around 500 sq ft. Globally, the brand has more than 650 outlets where the brand is now looking to expand Pan India.
Beccos is inspired by the sweeping Korean wave, promoting aesthetic beauty that can revamp everyday life minimalistic creativity. The Beccos store is a hub of products that range from beauty & personal care, lifestyle, toys, fitness & outdoor, digital products, handbags & wallets, body care, and so on.
Maintaining its South Korean essence, the brand is offering quality products to its consumers without hurting their pockets.
The inception of Beccos took places one year back after which it decided to foray into the franchising industry in 2019. Currently, the brand has more than 6 outlets and is majorly planning to grow its business pan India.
You need to have a total capital of around INR 50 lakh – 1 cr with an area nearly 800-1300 sq ft. The breakeven period is 8-10 months which might be a good result at the end.
MINISO is a Japan-based designer brand which mainly focuses on life supplies with aesthetic beauty. With the core values of excellent product design, high-cost performance and comfortable shopping experience, MINISO has gained popularity among consumers, which has set the personalised consumption trend in the household market.
At present, MINISO has reached cooperation agreements with more than 80 countries and regions including the United States, Canada, Russia, Singapore, the United Arab Emirates, Korea, Malaysia, Hong Kong, and Macau, with an average monthly growth rate of 80 – 100 stores. Now the brand is all set to expand its offline presence pan India through a variety of products belonging to different segments.
The franchise of MINISO is available at an investment around INR 50 lakhs-1 cr. You need to have an area ranging from 1000-2000 sq. ft. for acquiring MINISO's franchise.
Based on the brand mission of "Let everyone enjoy the life", Mumuso is yet another renowned name in the variety lifestyle retail segment. It's a global fashionable franchise brand which focuses on selling products with fashionable and trendy design.
The brand started out in 2014 after which the company is working towards amalgamating the traditional culture of fashion trends with modern society. Mumuso is focusing on selling products with reliable quality and affordable price, boosting the ideas of an easy life for people.
The investment range for Mumuso's franchise lies between INR 80 lakhs-1.2 cr along with an area around 600-1200 sq ft.