Allen Solly franchise is one of the great and oldest lifestyle Franchise in India. We will discuss Allen Solly Franchise Cost, Profit, Review, and How to Start the franchise.
Foundedin 1988, Allen Solly Franchise is now operated by the Aditya Birla Group in India. Aditya Birla Fashion and Retail Limited (ABFRL) is India’s fashion powerhouse with an elegant bouquet of leading fashion brands and retail formats.
The franchise has 5000+ outlets in India. You can directly enroll for the Allen Solly Franchise by filling up the form on their website.
Allen Solly Franchise Cost
- Allen Solly Franchise Cost ₹50,00,000 Rupees to ₹70,00,000 Rupees as an initial investment.
- The franchise tenure will be of 5 years which will be renewed
- The Franchise Fee is not disclosed by the brand.
- The minimum area required is 500 Square Feets.
- The Royalty charged will be 24% on Sales.
- The expected Return on Investment is 2 Years.
Allen Solly Franchise Profit
We will analyze the Allen Solly Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 7,80,000 Rupees i.e. 26,000 Rupees per day.
|Gross Sales||7,80,000 Rupees|
|Material Cost @50%||(3,90,000) Rupees|
|Electricity and Water Supply||(15,000) Rupees|
|Salary of Workers and their Expenses||(60,000) Rupees|
|Royalty @24%||(1,87,200) Rupees|
|Other expenses||(12,800) Rupees|
|Net Profit||45,000 Rupees|
We can conclude that the Profit Margin of the Allen Solly Franchise is 6% for Sales of 7,80,000 Rupees. The outlet may have less profits in the initial days but the store will gain high popularity eventually and will have great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 15 Lakh Rupees per month and the profit margin will be 16% on Sales or 2,40,000 Rupees.
Location is crucial in determining a franchise’s success rate along with quality and service.
The location should have a very high footfall. It should be in the main market of that area. A corner outlet is the most preferable option.
You can open the outlet nearby colleges, corporates, or any place where young people love to have Lifestyle items.
How to get Allen Solly Franchise?
To get the Allen Solly Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.
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