Fabindia Franchise in India: its Cost, Requirement, Profit and Applying Process:
In India, the garment sector ranked second position after the agriculture sector. It is one of the most established industries and has a strong presence in the country’s economy. The garment sector contributes around 14 % of manufacturing sector’s GDP and providing employment to many people. Garment industry provides one of the most fundamental requirements of people. In India there are huge ready-made garment companies present and they offer franchisee to entrepreneurs to expand their business.
In this blog we are going to explain about the popular brand Fabindia, which is known for its traditional, authentic Indian designs and the natural raw materials used in the fabric. Let’s know more about Fabindia franchise in India, how to get Fabindia franchise, its benefits, cost, requirement, eligibility, applying process and contact details.
About the Fabindia Company:
Fabindia is a global handmade fashion outfit brand in that shows originality and real colors of Indian culture. It was established in 1960 by John Bissell to promote the diversity of Indian clothing styles without damaging its authenticity. In the beginning Fabindia started its journey by exporting home furnishings. Fabindia is a very popular chain of retail stores providing garments, furnishings, fabrics and ethnic handmade products by craftspeople across rural India and run its business successfully.
Fabindia’s first retail store was opened in Greater Kailash, New Delhi after fifteen years later of establishment. It is a popular brand and offering products of all ages and regions. Fabindia has created a niche for itself and offers high quality handmade, organic and natural products. The motto behind this brand is empowering craftsmen; strengthen tribal people and preserving tradition. As a single largest private platform Fabindia makes, promotes and derives local artisans and designers. Fabindia has a big network; it connects over 55,000 craft-based rural producers and urban marketers. It is creating a base for skilled, sustainable rural employment for tribal people, and preserving India’s traditional handicrafts in the process.
Fabindia offers a wide range of products and consistently working on the modification of product quality and varieties. People who once buy the product become trusted customers due to its standard and quality of products. Fabindia has an expertise in printed, embroidery, handpainted, kantha stitch, cut work, appliqué work, emboss, zari woven, hand work, patch border work and many more.
Presently Fabindia has approx 211+ retail stores in all over India, 2 stores in Singapore & Dubai and 1 store each in Italy, Nepal, Malaysia and Mauritius. Fabindia is a well known and established retail franchise in the India and foreign market.
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Benefits of choosing Fabindia franchise:
Fabindia is well known for its products materials, prints, designs and crafts that show the original pattern and real colors of India. It is one of the oldest garment fashion brand consistently providing traditional and modern cloths and accessories. If you want to start your business as a franchise owner then Fabindia is a good choice. Here we are explaining the benefits of choosing Fabindia franchisee; take a look at these-
- Leading garment brand- Fabindia is one of India’s leading garment brand has 211+ stores in pan India. It is also spreading its network in foreign countries. It is very easy to set-up a new franchise store and building new customers because people like this brand. It is a family cloth store for men, women and kids. Here is a wide range of products available apart from cloths.
- Successful and proven business- Fabindia is running its business in India since 1960. At present it spreading its business in abroad and it is expanding its business by providing franchise. The franchise business model is running very well.
- Faster way to generate revenue- In a franchise business model as it is already an established brand so the return on investment is faster than other business which is started by own. You can earn profit after few months from the opening of the store.
- Low risk factor– Fabindia one of the popular and leading cloth brand and has been providing good products for many decades. The brand is very well known for its authenticity and people love its products. Owning the franchise definitely reduces variable risks than any other business.
- Company support– It is one of the vital factor of owning the Fabindia franchise, the company stays beside its franchisees from the very beginning. The company provides all necessary supports like opening the store, set-up, training, monitoring, IT support, guidance etc. It helps in running the new business smoothly.
Requirements for Fabindia franchise:
Owning Fabindia’s franchise some basic requirements are needed for opening an outlet. All requirements must be fulfilled by the franchisee. Let’s see what the requirements are-
- The applicant must have at least 15-20 lakh rupees to invest in this business.
- There must be a proper place of 1500-2000 square feet area in an ideal location.
- The applicant must be passionate in garment industry and good to have experience in this business but it is not mandatory.
- The applicant should have leadership and administrative quality, financial skills to run a fashion retail store.
- He/she should have good sense to understand the value of Indian culture and tradition, crafts, latest trend and market need.
Eligibility for Fabindia franchise:
If you are willing to own the Fabindia franchise then you should know the following things-
- He/ She must be 21 years old.
- Should be graduate or equivalent.
- Enough capable to handle the outlet; manage the staffs.
- He should have basic knowledge of accounts.
- He/she must have all licenses and documents to open the store.
How much does Fabindia Franchise Cost ?
Fabindia is a renowned fashion brand in India known for its fusion of contemporary style and traditional craftsmanship. They offer franchise opportunities for entrepreneurs interested in the fashion retail sector.
The cost of a Fabindia franchise can vary based on factors such as store size, location, and city. Generally, setting up a small-sized store may cost approximately 10 to 15 lakhs rupees, including a franchise fee of around 5 lakhs rupees with no brand royalty fee. It typically takes around 2 months to set up the store.
Investing in a Fabindia franchise provides an opportunity to enter the fashion industry with a brand that embraces Indian culture and craftsmanship. It’s a chance for entrepreneurs to tap into a well-established market and offer customers a unique blend of contemporary and traditional fashion choices.
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Space Required for Fabindia Franchise Outlet:
For a Fabindia franchise outlet, the location is crucial for business success. We always recommend to choose a place where a young and diverse clientele frequents. To set up a Fabindia retail store, you should have a minimum of 1500-2000 square feet of space. This area should include provisions for trial rooms, a billing counter, and a spacious display area. Opting for a location in a rush market area or an area with high footfall is preferable to maximize customer traffic and sales opportunities
The franchisee must have the following documents before opening the store-
- ID Proof: Aadhaar Card, PAN Card, Voter Card
- Address Proof: Electricity Bill/Rent agreement/ NOC
- Qualification Certificate
- Photograph, Email Id, Mobile Number
- Current A/C and cancel Cheque
- Shop agreement / Sale deed
- Rent agreement
- GST Number
- Outlet Trade license
Profit and margin of Fabindia franchise:
Initially every business there are average sales, but after the good marketing plans, strategies and branding the sales increases. Here we are going with an approximate data about Fabindia outlet. As per assumption the approx. monthly sales of any Fabindia store is 9,00,000 rupees. The payback period is 1-2 years from the opening of the outlet. Here a table is given to show the profit-
|Amount in rupees
|Rs. 5,40,000/ Month
|Rs. 50,000/ Month
|Electricity and Water Supply
|Rs. 20,000/ Month
|Salary of Workers and their Expenses
|Rs. 75,000/ Month
|Rs. 25,000/ Month
|Rs.7,10,000 Per Month
|Rs. 9,00,000 Per Month
|Rs. 1,90,000 Per Month
Fabindia Franchise Support provided by Company:
Fabindia is a global brand and every day the popularity of this brand is increasing. Fabindia promotes new entrepreneurs to develop their business and always stays beside their associates and franchisees. Here some supports provided by the company to the franchisees are given below-
- You will get a guidance of business relationship manager from location selection to set up the business.
- You will get supports in interior designing that you can maintain the Fabindia’s standard.
- The company will provide you support in product pricing, inventory planning, offers, warrantee-guarantee etc.
- Fabindia offers training to the franchisee and the staffs who manage the store. In this training company provides client interaction, client acquisition and gives training manuals, operational.
- Fabindia supports their franchisee in promotion and marketing of the business and all types of online tie-up support for product delivery, website support for sales.
- The company provides own customized software for the store and other software support to the franchisee.
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How to apply for the Fabindia Franchise ?
If you are planning to start a Fabindia franchise business and want to apply for it then you can go through following process-
- At first you have to visit the official site- https://www.fabindia.com/franchise
- After that a franchise application page will be opened. Duly fill-up the form and submit the form.
- Always careful while fill-up the form. The team Fabindia will contact you soon.
- You can also talk to the concern person to know the applying process.
- The contact no. and E.Mail Id is given below.
Fabindia Contact Details:
Head Office: C-40, 2nd Floor, Okhla Industrial Area, Phase -2, New Delhi 110020, India
Registered Address: Plot No.10, Local Shopping Complex, Sector B, Pocket-7, Vasant Kunj, New Delhi – 110070
Contact No. : +91-011-40692000/ +91-80104 88888
Fax: +91 11 2638 5053,
Email ID: firstname.lastname@example.org & email@example.com
Fabindia franchise is popular for its exotic designs, prints and fabrics. The company is very conscious to retain its originality and heritage, the company is very sentimental about selling its products. The company offers franchise to spread its business in India and in foreign. But like other business it also has some risks so, before starting the franchise business you must research the market. You must visit the website and get information through various sources about the company. It is advisable before pouring lots of money you must understand the franchise business type, its rule regulations and company details. I hope you liked this blog, soon will come with a new blog to share information with you.
FAQ(Frequently Asked Question):
Q: What is Fabindia, and why is it a popular franchise choice?
Ans- Fabindia is a renowned Indian fashion brand known for its blend of traditional and contemporary styles. It’s a popular franchise choice due to its strong brand reputation and diverse product range.
Q: What are the requirements should be present in a Fabindia Franchise store?
Ans- In a Fabindia Franchise store there must be a trial room, proper product display area, billing counter, AC, computer and internet connection, CCTV camera etc.
Q: How much does it cost to open a Fabindia franchise?
Ans- The initial investment for a Fabindia franchise can vary based on factors like store size and location. Generally, it ranges from 15 to 20 lakhs rupees, including a franchise fee.
Q: How long is the Fabindia franchise term for?
Ans- The Fabindia franchise term is for 5 years.
Q: Is there a royalty fee for Fabindia franchisees?
Ans- Fabindia typically does not charge a brand royalty fee, making it a cost-effective choice for franchisees. But for more updated information contact to the company directly.
Q: Can I choose the products I want to sell in my Fabindia store?
Ans- Fabindia provides a range of products, and franchisees typically have some flexibility in selecting products based on local preferences while adhering to the brand’s guidelines.
Q: How long does it take to set up a Fabindia franchise store?
Ans- Setting up a Fabindia franchise store usually takes around 2 months, although this timeline can vary based on factors like store size and location.
Q: How can I apply for a Fabindia franchise ?
Ans- You can express your interest in a Fabindia franchise by contacting the company directly through their official website or reaching out to their franchise department for detailed information and application procedures.
Q: How many staffs are required to run a Fabindia franchise store?
Ans- You need at least 5-6 employees for a Fabindia franchise store.
Q: What kind of support can I expect from Fabindia as a franchisee?
Ans- Fabindia offers comprehensive support, including site selection assistance, store design guidance, inventory management support, and marketing assistance.
Q: What factors effects the profit of a fashion garment business?
Ans- There are many factors which affects a fashion garment business, they are-
- The location of the store.
- Management and employees behavior.
- Customer’s feedback.
- Marketing and promotional activities.
- Planning of the business.
- Understanding the market need and customers choice.
We hope that you would have liked reading this blog post on How to take Fabindia Franchise in India ? For more such informative articles, keep visiting YMW Solution.
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