Red Chief Franchise –Investments, Profits, ROI Tenure, Applying process
Hello friends, today we’ll discuss about Red Chief Franchise in this post. So, if you are planning to start a footwear showroom business, choosing Red Chief Franchise would be a great. In this article we discuss about getting Red Chief Franchise, investment, profits & margin, how to apply, documents required and much more.
- Red Chief is a trusted brand in leather footwear for men from LGPL Leayan Global Pvt. Ltd.
- Currently, the daily production of Red Chief is more than 6000 pairs.
- The footwear range of Leayan Global Pvt. Ltd was launched under the brand name RED CHIEF in 1997 to meet growing demand for branded high quality leather footwear.
- The company is a complete leather and footwear manufacturer with its own tannery and two manufacturing plants
- Available in 24 states in India with around 5,000 MBOs, and plans to cover whole of the country soon
- 184 exclusive outlets in 12 Indian states
- Strong presence at all e-retail partners – Flipkart, Paytm Mall, Jabong, Myntra etc
Red Chief Franchise Company Details:
|Headquarters||Kanpur – India., (U.P.)|
|Company size||5,001-10,000 employees|
|Specialties||KICKERS/BUGATTI SHOES/ZARA/H&M/PAUL & JOE SISTER /CHIPPI/KESKO|
Eligibility Criteria for Red Chief Franchise :
- Applicant should completed the age of 21 years.
- Have knowledge about business.
- They should have proper investment and proper space.
- Documents required
- Staff Required
Investment for Red Chief Franchise :
If you want to take Red Chief Franchise in your area then. you need approximate INR 30-35 lakhs to start Red Chief Franchise .
- Franchise Fee: 1.5 lakh + GST (for 5yrs)
- Interior as directed by company: 12-13 lakh.
- Amount deposit for the stock : 15 lakh ( Refundable)
- Shop cost: 1000 – 1200 sq ft.( its cost depends on your location)
- 2 sales manager and 8 Staff Cost.
Space Requirement to open Red Chief Franchise:
The minimum space required to start Red Chief Franchise is about 1000-1200 sq ft.
Also Read: How to apply for the Me n Moms Franchise?
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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
ITR(If needed, the company can also ask for last 2yr ITR)
Earning of Red Chief Franchise:
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 in the beginning, so you can make your customers freely. There are lots of various product ranges in this company in Footware, Garments and accessories.
So, total profit provide by the company is around only 29% .
Suppose you make sales of 10 lakh a month, then company will provide you 29% i.e 2.9 lakh
And you have to bear all the expenses from this amount only 2.9 lakh ( like Electricity bill, staff payment, store manager payment and others)
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.
How to apply for the Red Chief Franchise?
To apply for the Red Chief Franchise, follow the following steps given below:
- Visit https://www.redchief.in/
- Fill all the details on the franchise form.
- Submit the form successfully.
- Within 2-3 days, you get a call from customer executive.
Or, if you didn’t get any call from the Red Chief Franchise customer executive within 2 days then call on the number which is given below:
Whatsapp No : 9794352555
Helpdesk : redchiefassist.freshdesk.com
Toll free no. : 18001200141
Leayan Global Private Limited
119 – 121, Block P&T
Fazalgunj, Kalpi Road,
Kanpur 208 012
Leayan Global Private Limited
Plot no. 124, Sector 44,
Near Ramada Central
Gurugram – 122003
For more detalis please visit the official website: https://www.redchief.in/
Process To get Red Chief Franchise:
- Firstly you have to send you store location images and details to the manager.
- They will survey your area properly, and make a plan .
- After a day, they proceed you process if you’ll agree.
- Now, the area manager will help you to setup your business and make the agreement.
- They’ll provide you training and a sales man will work with you.
- And the process take 15 -30 days.
- So, after 20-25 days you can start you Red Chief Franchise store.
F.A.Q(Frequently asked question):
Q. What is the Red Chief Franchise cost?
Ans: 1.5 lakh +G.S.T
Q. How many days takes to do all the process?
Ans: Approx 15 days
Q. Total Investment?
Ans: 25-30 Lakh.
Q. Is it profitable or not ?
Ans: Yes. this company provide more profit.
Q. Is there any Security Deposit or not?
Ans: Yes, 15 lakh.
Q. How can I contact to get Red Chief Franchise ?
Ans: Mentioned above
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