Lotto franchise is one of the sports retail store Franchises in India. We will discuss Lotto Franchise Cost, Profit, Review, and How to Start the franchise.
Starting in 2011, the brand now has 100+ outlets in PAN India. Lotto is an international sportswear brand that has been in the business of manufacturing, retailing, and distribution of sports footwear, accessories and clothing since 1995
Table of Contents
Lotto Franchise Cost
- Lotto Franchise Cost ₹40,00,000 Rupees to ₹80,00,000 Rupees as an initial investment.
- No Franchise Fee will be charged by the brand
- No Royalty will be charged by the brand
- The minimum area required is 800 Square Feets.
- The expected Return on Investment is 1.5 Years.
- The Agreement will be of 5 Years
Lotto Franchise Profit
We will analyze the Lotto Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 9,00,000 Rupees i.e. 30,000 Rupees per day.
|Gross Sales||9,00,000 Rupees|
|Material Cost @60%||(5,40,000) Rupees|
|Electricity and Water Supply||(20,000) Rupees|
|Salary of Workers and their Expenses||(75,000) Rupees|
|Other expenses||(25,000) Rupees|
|Net Profit||1,60,000 Rupees|
We can conclude that the Profit Margin of the Lotto Franchise is 18% for the Sales of 9,00,000 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 12 Lakh Rupees per month and the profit margin will be 22% on Sales or 2,64,000 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 Lotto Franchise?
To get the Lotto 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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