FINANCIAL INPUT TO START A NEW BUSINESS
Initial Investment * : ₹25,00,000
Gross Profit Margin: 40%
Turnover to Break Even: ₹40,25,000
Store space requirement: 500 sq.ft.
Typical Time Required to Breakeven: 20 months
Staff required: 3
|Running Expenses||Per Month||Annually|
|Staff Cost (3 staff)||₹36,000||₹4,32,000|
|Alteration of garments||₹5,000||₹60,000|
|Total Running Expenses||₹1,13,000||₹13,56,000|
*Initial Investment Breakup:
Stock & Goods : ₹8,00,000
Furniture & Fixtures : ₹10,00,000
Deposit for rental place : ₹1,50,000
Working capital for six months : ₹5,50,000
One store of 500 sq. ft. can handle 1200 pieces of garments on display and 500 pieces of garments in the storeroom. Stock and Goods are kept in store on Sales or Return basis. The franchisee owner has to pay a deposit of 8-10 lacs for the stock. 3 staff include 1 store manager (salary 15000), 1 salesman (salary 12000), and 1 helper (salary 8000). Furniture & Fixtures include 2 A/Cs of 2 tonnes each. If you really want to start a women's clothing franchisee, you can also talk to an expert franchisor who runs such a business. Simply scroll below to schedule your call.
Talk with Business Owners
Schedule a one-on-one call with business owners. Over a 1-hour call, have all your pressing questions answered before starting your business. Know the common mistakes you must avoid, understand current market trends and discuss customer acquisition strategies that you could adopt.
Business Owner ID : Rupesh Jain
Rupesh @ Indore is owner at Etiquette Apparel brand (www.etiquetteapparel.com)
Rupesh has 8 franchise stores across India, 50 shopping shops in large format stores, 2000 MBO (Multi brand outlet), Online presence on Myntra, Amazon, flipkart, Ajio and he runs two manufacturing units with more than 200 employees in Indore manufacturing ladies wear like Kurtis.
An MCA by qualification, Rupesh runs this business along with his wife (Riya Jain) who is a fashion designer in ethic garments.
Next Availability :
Sunday, 22-May-22 Between 12-1 PM
Friday, 27-May-22 Between 12-1 PM
Saturday, 28-May-22 Between 12-1 PM
Per call charge :