Go Colors franchise is one of the great retail store Franchise in India. We will discuss Go Colors Franchise Cost, Profit, Review, and How to Start the franchise.
The franchise has 500+ outlets in India. You can directly enroll for the Go Colors Franchise by filling up the form on their website or the form given below on this website.
Go Colors Franchise Cost
- Go Colors Franchise Cost ₹20,00,000 Rupees to ₹30,00,000 Rupees as an initial investment.
- The Franchise Fee is 50,000 Rupees
- The minimum area required is 200 Square Feets.
- The Royalty charged will be 4% on Sales.
- The expected Return on Investment is 1.5 Years.
Go Colors Franchise Profit
We will analyze the Go Colors Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 6,00,000 Rupees i.e. 20,000 Rupees per day.
|Gross Sales||6,00,000 Rupees|
|Material Cost @60%||(3,60,000) Rupees|
|Electricity and Water Supply||(12,000) Rupees|
|Salary of Workers and their Expenses||(40,000) Rupees|
|Royalty @4%||(24,000) Rupees|
|Other expenses||(9,000) Rupees|
|Net Profit||1,05,000 Rupees|
We can conclude that the Profit Margin of the Go Colors Franchise is 17.5% for the Sales of 3,00,000 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 9 Lakh Rupees per month and the profit margin will be 23.33% on Sales or 2,10,000 Rupees.
Location plays a very crucial factor in determining the success rate of a franchise along with food 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 Go Colors Franchise?
To get the Go Colors 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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