Levi’s is the most popular brand of denim in the world. It has many patents and the variety of clothes available is vast. You can surely find many clothing options to match your style. In India, Levi’s started its operations in 1994, and since then, it has performed quite well. The shift from tailor-made clothes to branded clothes has driven the growth story for Levi’s. If you are interested in getting a clothing brand franchise, you can consider Levi’s. The quality of clothes from the brand is impressive, and the brand is very popular among elders and youth from the country.
Let us now learn more about the Levi’s franchise cost in India.
Cost of Levi’s Franchise in India
There are certain costs associated with the Levi’s franchise in India. In this section, we have covered these costs for you to get an idea of the magnitude of investment involved in opening a Levi’s franchise. Check out the details in the pointers below.
- Franchise Security Fee – Rs 5 Lakh to Rs 10 Lakh
- Stock Expense – Rs 10 Lakh to Rs 15 Lakh
- Interiors and Furniture – Rs 20 Lakh to Rs 30 Lakh
- Training, License, Marketing and Maintenance – Rs 1 Lakh to Rs 2 Lakh
- Total – ~ Rs 40 Lakh
It is safe to assume that you would need around Rs 35 Lakh to Rs 50 Lakh of investment if you wish to get Levi’s franchise store. In addition, the investment may vary depending on the size of the store. If you plan to open a big store, the cost may inflate because of interiors and stock.
Eligibility Criteria for Levi’s Franchise in India
The eligibility criteria to start a Levi’s franchise is minimal. Apart from the land and capital, you must be at least 21 to apply for the Levi’s franchise. In addition, it is good to have a little experience in managing a retail outlet. The company also conducts a background check, and you must not have any criminal background or an open case against you.
Space Requirement for Levi’s Franchise in India
To start with Levi’s franchise, you need a showroom with a minimum space of 200 sq. feet to 400 sq. feet. This much space is required for a proper display of clothing and a trial room. In addition to this, you must also have a warehouse where you can store your stock. The minimum space requirement for the warehouse is 300 sq. feet to 500 sq. feet. You can get this on lease and ensure that the warehouse is in a dry place. Excessive moisture can damage your merchandise.
How to Apply for Levi’s Franchise?
In this section, we have shared the detailed steps to apply for Levi’s franchise. You must follow each step to analyze the business opportunity and get a franchise for yourself.
- Research & Analysis – This is more like your homework. You should do the market analysis and understand the area of operations. Look at the competitors and the demand for branded clothing. This will give you an idea of whether Levi’s franchise business is sustainable. In the same step, you must understand where to open your store.
- Franchise Application – In this step, you need to visit the official website, levi.in, and contact them. You need to call on their toll-free number and express your interest in opening a franchise showroom. Once that is done, someone from their team will contact you, and they will help you with the franchise application. The agreement will be signed after the application is accepted.
- Setup and Training – This is the final step before the launch. Here, you need to do the interior work of the Levi’s franchise store. You would also need to procure the material and hire the staff. The company offers a training program which you will need to attend. Have all the GST registrations, shop licenses and trade licenses in place.
- Launch – Now comes the final launch of the Levi’s franchise. This is where you start your operations. The margins on the sales are between 25% to 60%, and hence you can make great profits from the Levi’s franchise.
Final Take
Many ask us if this investment is worth making in a clothing store. Well, it depends on your market analysis. If you have done the market analysis and are sure, you can make a profit with the help of Levi’s franchise. The company has a great history, and it has achieved huge milestones. You will get the best products with a strong customer base by getting the Levi’s franchise. In addition, you will also get 24×7 support from the company and training for yourself and other staff members. To conclude, we can say that this investment is surely worth the consideration.
Note: The cost is mentioned here might be vary due to some changes in policies or recent business updates. So, please confirm from the official website before applying.
