Libas franchise is one of the great womens’ clothing retail store Franchises in India. We will discuss Libas Franchise Cost, Profit, Review, and How to Start the Franchise.
Libas started franchising in the year 2008. The brand has 40+ standalone outlets in India. You can directly enroll for the Libas Franchise by filling up the form on their website or the form given below on this website.
Started in 2004, Libas is France’s grown men’s fashion brand started by Sidhant Keshwani. The brand is known for Women’s traditional wear.
Table of Contents
- Libas Franchise Cost ₹20,00,000 Rupees to ₹35,00,000 Rupees as an initial investment.
- The Franchise Fee is not disclosed by the brand
- The minimum area required is 200 Square Feets.
- The Royalty charged is not disclosed
- The expected Return on Investment is 1.5 Years.
- The training will be provided by the brand
- The preferred locations are Mall/Supermarkets or High Streets
Libas Franchise Profit
We will analyze the Libas Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 12,00,000 Rupees i.e. 40,000 Rupees per day.
|Gross Sales||12,00,000 Rupees|
|Material Cost @70%||(8,40,000) Rupees|
|Electricity and Water Supply||(15,000) Rupees|
|Salary of Workers and their Expenses||(45,000) Rupees|
|Other expenses||(15,000) Rupees|
|Net Profit||2,00,000 Rupees|
We can conclude that the Profit Margin of the Libas Franchise is 16.66% for the Sales of 12,00,000 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 15 Lakh Rupees per month and the profit margin will be 19% on Sales or 2,85,000 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 Libas Franchise?
To get the Libas 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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