How To Start Snitch Franchise In India: Cost, Price, Profit Margins & Reviews

on Jun 26, 2024 | 56988 views

Written By: Smita B

Fast fashion clothing brand in India, SNITCH has discovered the nerves of Indian youth. The SNITCH franchise brand is growing immensely and gaining popularity all over the country. Especially after SNITCH founder Mr. Siddharth R. Dungarwal’s inspirational Shark Tank pitch.

So, looking at this success, the brand has introduced new strategies for business expansion. In this expansion strategy, the SNITCH brand looks forward to covering all of India with its clothing franchise. SNITCH, a fast fashion clothing brand in India, offers SNITCH franchises to entrepreneurs with a genuine interest in the men's clothing business. However, entrepreneurs with keen interest are still looking for the proper information about the brand itself. So, here we will help them understand the SNITCH brand franchise model, SNITCH brand franchise cost, SNITCH franchise profit margin, and some other important factors about this fast-forward clothing brand. Apart from this, we will also discuss How to take the franchise of SNITCH in detail.

SNITCH Brand Franchise Complete Overview

While starting any business, an entrepreneur has to perform certain things to check if the business aligns with its goals. However, it is difficult for many aspiring entrepreneurs to choose the right path to track the worthiness of their chosen business.

So, here we are going to explore the successful business model of a famous Indian clothing brand SNITCH. The brand has started offering its menswear clothing franchise in India where the brand is aiming to expand its franchise stores across India.

This franchise business opportunity will lead an entrepreneur to achieve long-term growth and success in their entrepreneurial ventures. However, it is important to understand the brand SNITCH and its business model to join the franchise force of the brand. So, let's find out more about the brand and steps to own a SNITCH franchise in India.

Conduct an In-Depth Study of the Brand

This step is very essential to predict the future of business. Especially, a franchise business needs to be started after thorough brand research.

SNITCH founder Mr. Siddatrh R. Dungarwal’s clothing business journey started in 2009 as a fabric trader. Later in the year 2020, he introduced his own label, SNITCH.

In the initial days, the SNITCH brand was working as a fabric trader only. However, accidentally brand went in the readymade clothing line. Where the brand has manufactured its own designs in small quantities and sold them as B2B (Business to Business)

In the COVID-19 pandemic phase, SNITCH has launched its own website and app to start their D2C (Direct to Customer) journey. Eventually, this online presence got a massive response and the brand grew rapidly.

The designs of the brand received a huge response afterward and currently brand is valued at more than 400 Cr GMV. Mr. Aman Guptha (BOAT, Founder) Mrs. Namita Thapar (  Emcure, Executive Director) Mr. Amit Jai (Car Dekho, Founder), SWC Global and other 13 investors have made a huge investment in SNITCH clothing.

SNITCH owner Mr. Dungarwal’s successful pitch for investment, in the popular TV show Shark Tank India season 2 has made the brand more visible around the country. SNITCH Shark Tank exposure has been a great move for the brand’s success.

At present SNITCH is leading all its operations on its own. For instance, fabric sourcing, manufacturing, product designs, marketing, finance, packaging, logistics, etc. The brand is currently working from its headquarters in Bangalore, Karnataka.

The Eco-Friendly and sustainability-promoting operations of the brand added uniqueness to the brand. The brand is using a lesser amount of plastic in its packaging instead they are incorporating corn packaging in their product packaging ( which is made of corn starch). Apart from this SNITCH is focusing on recycled fabric production where they are manufacturing final products out of it. SNITCH has introduced a recycled innerwear category to promote sustainable clothing in the fashion segment.

Understand The SNITCH Franchise Model

This menswear retail brand is focusing on opening retail stores in India to offer reasonable fashion products to Indian youth. The prime object of this franchise business model is to avail trendy and branded products like formal ware, casual ware, sports ware, innerwear, accessories, perfumes, etc., especially for men. The SNITCH Franchise available details are as follows

  • SNITCH brand franchise cost is vaguely confirmed between ₹ 20 Lakha to ₹ 30 Lakhs. However, the SNITCH store franchise price completely depends upon the location.
  • The approximate required area for this clothing brand franchise is around 2000 sqft to 2500 sqft. However, the preferred location for this franchise will be high streets, malls, or locations with maximum foot traffic.
  • Certain details about the franchise model are still undisclosed by the brand’s franchise team. For instance, franchise fees, royalty, ROI, store setup cost, etc. Apart from this, the SNITCH franchise profit margin is still not revealed by the brand. However, to know more about the franchise, aspirants should consider the advice of a franchise business consultant.
  • The brand provides 100% support and training to new franchise partners in business set-up staff training, marketing, and advertisement.
  • SNITCH is planning its franchise store expansion mostly in South Indian cities such as Hyderabad, Chennai, etc. For further details, an aspirant can contact the brand team itself or a reliable franchise business advisor.
  • This clothing franchise is hoping to open 8 to 10 franchise stores firstly in the south direction.

Check The Compatibility With The Business Model

After getting all the necessary information about the franchise model, the next step is to identify if the opportunity suits your future business goals and present situation. Here are a few things to verify if SNITCH resonates with your business aspirations.

  • Identify an area of interest before starting any business. As SNITCH has been a fast-forward menswear fashion brand, so see if you have an interest in this retail clothing business opportunity.
  • Understand the franchise business terms and conditions mentioned in FDD. For instance, franchise rights, territorial rights, franchise period, franchise agreement renewal terms, etc.
  • Check the franchise requirements are aligned with your personal, professional, and financial positions. For instance, flexibility, interest, space requirements, investment requirements, etc. elements fit into your criteria.
  • Discuss the complicated and tricky claims and terms of franchise business with an experienced business consultant.

Apply For SNITCH Franchise Opportunity

Once checking the compatibility of business opportunities with your aspirating take the next step. Which is to apply for the SNITCH clothing franchise business.

  • Send your franchise application to the brand. This application form might be availed in an online and offline format.
  • Fill out the franchise form. Make sure to provide accurate and authentic details while submitting the franchise application. It generally includes personal, professional, and financial details. This information will assist franchisors in checking your background.
  • Wait for the brand's response regarding your application. After the selection of the franchise application have a one-on-one discussion with the SNITCH franchise team to comprehend the franchise and franchisors' rights. Where you can clarify your doubts and discuss your terms and conditions ( if any).
  • Maintain a professional relationship with the brand for a good future association.

Fulfill All The Franchise Legal And Regulatory Requirements

After the selection of a franchise application, an aspirant should comply with the SNITCH brand’s legal and regulatory factors.

  • Perform deep research on all the necessary franchise documentation like Franchise Agreements, FDD ( Franchise Disclosure Document), etc.
  • Comply with all the necessary licenses and permits required for the SNITCH franchise store. For example, GST registration, Shop and Establishment license, business registration, and some others.
  • It is a better way to hire a legal advisor to understand the complicated legal equations of the franchise business.

Execute The SNITCH Franchise Business Journey

Franchise business setup is a challenging task, an entrepreneur has to confront after dealing with the initial franchise opportunity process.

  • SNITCH franchise team assists their franchise partner in setting up the franchise store. The physical setup needs to be developed as per brand regulations such as interiors, exteriors, amenities, etc.
  • Brand also provides help to recruit the franchise store staff. Where they provide extensive training to employees to offer their best services to customers of the SNITCH.
  • Develop interesting marketing and advertising strategies to attract more crowds to the store while it's opening.
  • Arrange the franchise store opening ceremony at the grand level. Where you can invite celebrity guests, offer interesting offers for customers on the opening day, and advertise the SNITCH shop via various mediums. For instance, digital media, print media, influencer marketing, content marketing, etc.
  • The SNITCH marketing team has a massive marketing team to take advantage of its marketing strategies to promote your SNITCH franchise store.
  • Stay updated with the current trends and business operating processes to successfully grow the franchise business.

Conclusion

SNITCH, an Indian men's clothing brand has made a revolution in the fast fashion category. Where the brand offers its branded clothes at very reasonable prices. International brands like ZARA, H&M, Allen Solly, Gucci, etc. are offering their menswear fashion products at the highest prices. However, it is difficult for Indian youth or college-going students to afford their price points. Eventually, SNITCH has discovered the gap, and now they are offering branded menswear at reasonable price points.

This move of SNITCH is making this blooming brand a promising business opportunity for entrepreneurs to invest in. The SNITCH franchise business model is the ultimate way the brand has offered to entrepreneurs to start their retail clothing businesses around various parts of India.

In this article, we have shared complete information about this fast-fashion brand and its franchise business opportunity. The information provided in this article will be a path for many entrepreneurs who are willing to join the retail clothing entrepreneurial segment.

The retail clothing franchise business has the potential to offer a sustainable business to entrepreneurs. So, if you are interested in a retail clothing franchise and want to explore more franchise opportunities then visit our official website FranchiseBazar. At FranchiseBazar, our franchise consultant will assist you in selecting the right business to ensure a long-term growth.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.

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