Top Footwear Franchise Opportunities Ruling the 2019 market.
Footwear has always been big in India, with new styles and variants coming into the market every few weeks. A few of these trends eventually become so big that they tend to go international. Often start off as a small step in a business but end up being a huge step toward international recognition. The following are the top footwear franchise opportunities in India that have been projected to take over the market in the upcoming year of 2019.
One of the biggest sports-based footwear brands in the world, a name that everyone has come across at least once has stepped foot in India as a franchisor. A brand which hit a milestone of being the first sportswear brand India to cross an annual revenue of 1000Cr in the year 2016. With a base investment of 30 to 50 lakh Indian rupees, you could become a direct franchisee of Adidas and join the chain of 350 and odd outlets in the country. All you need is a suitable property of about 1000 to 5000 square feet and a capital investment of about 50 lakhs, you could expect a return of about 15 lakhs in a payback period of 1 year only.
India’s very own brand with a projected market size of about 1000Cr in the year 2020, is doing extremely well in terms of keeping up the trends and the economy in general. To join them as a franchise you will need a minimum area requirement of about 500 to 1200 square feet. The liberty shoes franchise cost starts at 20 lakhs and can stretch to 30 lakhs, with 5 to 10 lakh charged as a franchise fee. You could be looking at a profit margin of about 34% on a monthly sale of roughly 40,000.
A remarkable reputation that precedes a remarkable brand indeed. They have been franchising since the year 2000 and the next few years will be really big for Puma according to trend projection. The franchise on an agreement of 3 years and an investment of about 30 to 50 lakhs. Puma made over 921 Crores profit in the past year. By joining their franchise, you will be looking at about 30 to 40% margin of sales and will be selling to an already existing customer base.
Although Reebok has seen a lot of competition in past few years, the present and future seem extremely bright for this sports brand. Joining Reebok’s franchise would require a property of 1200 to 2000 square feet in area and a base investment of 50 lakhs to 1 Crore.
One of India’s oldest and most popular footwear brands has stepped up their game to keep up with the national and international competition in the country. The Bata franchise cost is just 40 lakhs, with a space requirement of 1000 to 1500 square feet, provides an ROI of 30% and a margin of 32% on an invoice. Bata has been going strong ever since they opened up ages ago, and all this is credited to their trustworthy quality which has been oh-so-faithfully maintained through all these years. Become a Bata franchisee and you will get customers who have faith in the brand.
The Khadim’s shoe franchise, an Indigenous footwear franchise of India with more than 480 successful outlets all over the country. A brand most Indians buy from without second thoughts. Franchises at an investment range of about 20 to 30 lakhs. Although they charge a refundable security deposit of 2 lakhs. Running a Khadim’s outlet demands the requirement of an adjoining warehouse of about 500 to 700 square footage space. The market size for Khadims is a wide one with an average profit of about 500Cr on an annual basis. Another reason for such a huge customer base is the fact that their products are affordable, reliable and durable, which are massive advantages, all along with being trendy.
A trusted brand of rough and tough trekking and work shoes with over 125 outlets all over India. This master franchise started off by making only trekking shoes, and they are doing just that even now. Their consistency with quality and purpose justifies Woodlands' reputation in the footwear industry. With an investment of 50 lakhs to 1 Crore depending on the size of the outlet and its placement and a minimum space requirement of 1000 to 2000 square feet, you could join them as a franchisee. You would be looking at an average 20% return on investment in the minimum 9-year agreement period and a 3-year payback period.
An extremely profitable footwear franchise with an average annual turnover of about 600 Crore asks for an investment of only 15 to 20 lakhs and offers a margin of about 30%. In contrast to many other franchises in this industry, the investment required here is minuscule, considering the eventual profit. Investing in a Red Tape franchise would require a minimum space requirement of 800 to 1000 square feet and would include an agreement of 9 years.
With a base investment of 2 to 5 lakhs and a suitable property of 1600 square feet minimum, you could run a Metro shoe outlet, a brand that clocks about 13 crores a year from just online sales. Metro shoes achieved a sales revenue of 1030 Crores in the financial year of 2017, and experts have estimated a massive 1200 Cr and odd of sales in the next year, it has never been better to be a part of the Metro Shoes franchise.
The extremely famous sportswear and footwear giant has had its presence in India from the year 1996, in association with Sierra Industrial Enterprises, now runs its own franchise and outlets. To be a part of this you could visit their website and apply to become a Nike retailer.
If you are thinking about joining hands with one of these franchise giants and are excited for the year 2019, visit the FranchiseBazar website and look through the footwear franchise opportunities in India and choose a suitable one for yourself today! Be a part of something bigger and earn bigger.
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Written By Kiran James
Written By Kiran James ...
Written by Kiran James ...