Jockey Franchise in 2021 : Cost, Profit, Requirements, Applying Process, Contact
Hello friends, do you want to become a distributor or a franchise of a popular brand in India? Are you planning to start a clothing, undergarments store for a popular brand in your location? Want to take up a business with a World-class brand in the fit out industry? So, choosing Jockey Franchise would be a great option. In this article we discuss about getting Jockey Franchise, investment, commission, applying process, documents required and much more.
Jockey Franchise in India Company Details:
|Founded||1876 and 1994 in India|
|Company size||1,001-5,000 employees|
|Specialties||WI based, Apparel, Retail, Intimates, Underwear, Shapewear, and WRAP|
Why you should choose Jockey franchise ?
- The company has 900+ stores in shopping malls, main city and market across the country.
- They have more than 104 franchise stores located in various locations in India.
- You connect most trusted and recognized brand in Inner Wear Segment with a strong distribution network.
- The jockey brand has a very high rate of return and is improving organically.
- The franchisee gets 24/7 call and chat support from their team.
- You don’t need to worry about sales and growth because Jockey spends a lot of money on marketing and product advertisement.
- Opportunity to grow and expand as first mover for the concept store and enhance retailing skills.
Benefits of Jockey Franchise:
- Franchisee receives operational support from the brand for operating and managing a Jockey innerwear outlet.
- You already starting your business with a premium brand and therefore there is no need for separate marketing.
- The franchise receives operational support to resolve any issue.
- The franchisee get fulls help and support from Jockey team and get free training in initial stage.
- The company also helps you to find out most suitable location for organizing the store.
- If you need further help regarding interior design, civil work and decorating of your store,you can approach them.
- Franchisee enjoys the support and experience of the brand and no need for separate marketing.
Also Read: How to apply for the Red Chief Franchise?
Eligibility Criteria for Jockey Franchise:
- Applicant should completed the age of 21 years.
- Experience of business with other brand.
- They should have proper investment and proper space.
- Documents required
- Staff Required(7-8)
Investment for Jockey Franchise:
If you want to take Jockey Franchise in your area then. you need approximate INR 45-50 lakhs to start.
- Shop cost for 1000-1200 sqft : Rent cost depends in which location you are planning to open the store.
- Civil & Interior as directed by company: Cost Of interior – 15-20 lakh above.
- 1 sales manager and 6-7 Staff Cost.
- Equipment Cost: 5-6 lakh
Space Requirement for Jockey Franchise:
To open a Jockey franchise exclusive store, the interested person must have a retail space at high footfall area or main location of the city or in a premium shopping mall. The minimum space required to start Jockey Franchise is about 1000-1200 sq ft. But, you can also start from minimum of 900-1000 sqft store space. Store Front Measurement& Height Minimum 18 Foot & 12 Foot Height.
Important Documents required:
- Personal Documents:
ID Proof: Aadhaar Card, PAN Card, Voter Card
Address Proof: Electricity Bill/Ration Card
Photograph, Email Id, Mobile Number
Current A/C and cancel Cheque.
- Property Documents:
Shop agreement / Sale deed
- Business Documents:
Outlet Trade license
Shop & Establishment Licence
ITR(If needed, the company can also ask for last 2yr ITR)
Profits & Margin in Jockey Franchise:
The brand Jockey Franchise Profit Margin is really high and it is one of the best investment opportunities for the new entrepreneurs and for individuals who want to start up a clothing business. Actually, your earning depends on the total sales you have made. If you are able to make enough sales then you can expect more profit from company.
There is no monthly target for the Franchise owner but there is target for the store staff, if they achieve their target of sales then they can get incentive. There are lots of various product ranges in this company in Underware garments.
Gross Profit in Jockey Franchise: 30% – 35%.
ROI Tenure: 1 yrs.
If you will work better with the company then there is lot of schemes in this company which depends on your sale. So, you can be eligible for this scheme and can earn more money. But, this scheme usually start after 5-6 months.
Support From Company:
- Staff to be approved.
- Staff Training
- Staff Uniform
- Billing & Inventory Software
- Main Sign Board with
- VM- Store Inside and Outside Visuals
- Stock Returns Yearly
- Incentive List
- Transportation / Freight on stocks
- Store Opening / Advertising Support
- Customer Loyalty Program – “CRM”
|Days Of Operation||365 Days Open.|
|Time Of operation||As per Timings specified by Jockey Company|
|Tenure of Agreement||As per specified by Jockey Company|
|Lock In Period||N.A|
|Notice Period||90 days|
How to apply for the Jockey Franchise in India?
To apply for the Jockey Franchise in India, follow the following steps given below:
- You have to visit its official website of Jockey: https://www.jockey.in/
- Click on the above link.
- Fill all the details properly, and submit the form successfully.
- After submitting, you get call from the your local area manager within 2 days.
- Once you talk to the area manager then you can get all the information about the Jockey franchise in india.
Or you can also mail to the company about the franchise details on this [email protected], within 24 hr. you get a reply form your area manager of jockey company.
JOCKEY FRANCHISE CONTACT DETAILS
Umiya Business Bay – Tower – 1, 7th Floor, Cessna Business Park,
Kadubeesanahalli, Varthur Hobli, Bengaluru- 560103.
FRANCHISEE CONTACT (EXCLUSIVE OUTLET):
NORTH:Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
SOUTH: Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
EAST: Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
WEST: Gujarat, Rajasthan, Maharashtra, Goa
CENTRAL: Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES: Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
F.A.Q(Frequently asked question):
Q. What is the Franchise cost for Jockey franchise ?
Q. How many days takes to do all the process?
Ans: Approx 20 days
Q. Total Investment for Jockey Franchise in India ?
Ans: If you want to take Jockey Franchise in your area then. you need approximate INR 45-50 lakhs to start in 1000-1200 sqft.
Q. Is it profitable or not ?
Ans: Yes. Jockey Franchise Profit Margin is really high and it is one of the best investment opportunities for the new entrepreneurs and for individuals who want to start up a clothing business.
Q. Is there any Security Deposit or not?
Q. How can I contact to get Jockey Franchise ?
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