Mochi franchise is the best shoe Franchise in India for Formal Shoes. We will discuss Mochi Franchise Cost, Profit, Review, and How to Start the franchise.
Starting in 2000, The franchise has 150+ outlets in India. You can directly enroll for the Red Tape Franchise by filling up the form on their website or the form given below on this website.
Mochi Franchise Cost
- Mochi Franchise Cost ₹30,00,000 Rupees to ₹50,00,000 Rupees as an initial investment.
- The minimum area required is 1000 Square Feets.
- Franchise Fee is not disclosed by the brand
- Other Investments include Branding, Store Setup and Interior Cost
- The Agreement will be for 5 Years, which will be renewed for free if everything goes good
- No Royalty will be charged on Sales.
- The expected Return on Investment is 1.5 Years.
Mochi Franchise Profit
We will analyze the Mochi Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 7,20,000 Rupees i.e. 24,000 Rupees per day.
|Gross Sales||7,20,000 Rupees|
|Material Cost @75% (inc.GST)||(5,40,000) Rupees|
|Electricity and Water Supply||(8,000) Rupees|
|Salary of Workers and their Expenses||(40,000) Rupees|
|Other expenses||(10,000) Rupees|
|Net Profit||72,000 Rupees|
We can conclude that the Profit Margin of the Mochi Franchise is 10% for the Sales of 7,20,000 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 14% on Sales or 1,26,000 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 formal Shoes.
How to get Mochi Franchise?
To get the Mochi 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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