How To Get Planet Fashion Franchise: Cost, Profit (in 2024)

Planet Fashion franchise is one of the great retail store Franchises in India. We will discuss Planet Fashion Franchise Cost, Profit, Review, and How to Start the Franchise.

In 2015, Planet Fashion was acquired by Aditya Birla Madura Fashion & Lifestyle, which is a subsidiary brand of Aditya Birla Group.

The company’s brand portfolio includes product lines that range from affordable and mass-market to luxurious, high-end styles and cater to every age group, from children and youth to men and women.

There are multiple brands that came under Planet Fashion Outlet i.e. Peter England, Allen Solly, Van Heusen & Louis Philippe. The brand is known for its variety in Premium Men’s wear fashion.

The franchise has 30+ outlets in India. You can directly enroll for the Planet Fashion Franchise by filling up the Google Form.

Planet Fashion Franchise Cost

Planet Fashion Franchise cost ₹1,80,00,000 Rupees as an initial investment. The minimum area required is 1200 Square feet. The Franchise Fee is 20,00,000 Rupees. The brand runs on the FOFO Model of Franchise.

ParticularsAmount
Franchise Fee20,00,000 Rupees
Capital Expenditure1,00,00,000 Rupees
Advance for Inventory25,00,000 Rupees
Rental Security Deposit10,00,000 Rupees
Designing & Consulting15,00,000 Rupees
Other Expenditure
(Marketing and Misc)
10,00,000 Rupees
Total Investment1,80,00,000 Rupees
  • The agreement will be for 5 Years, and 20 Lakhs will be the renewal fees for the next 5 years
  • Workers Trained in customer service standards with learnings from service leaders across industries.
  • The expected Payback Period is 4-5 years
  • Franchisee Return on Capital Employed is 12%-13% per annum
  • Marketing will be handled by the brand
  • Suitable store property/land as per Planet Fashion guidelines

Planet Fashion Franchise Profit

We will analyze the Planet Fashion Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 90 Lakh Rupees per month i.e. 3 Lakh Rupees per day.

We can conclude that the Profit of Planet Fashion Franchise is 6 Lakh Rupees per month for Sales of 90 Lakh Rupees per month. 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 1.5 Crore Rupees per month and the profit will be 12 Lakh Rupees per month.

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. Mall is the most preferrable location for the outlet.

You can open the outlet nearby colleges, corporates, malls, or any place where people demand Men’s Clothing items.

How to get Planet Fashion Franchise?

To get the Planet Fashion Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.

We are not the direct sellers of the franchise, we are a consulting agency and we also charge some consulting fees so fill out the form only if you are willing to pay consulting charges.

We can make your path easier to reach 300+ popular brands. We can also guide you that which brand will be best for you according to your location and Investment range.

Thanks for reading the blog, If you have any queries regarding the franchise then you can ask me in the comment box or on my
Instagram- https://www.instagram.com/franchise.information/

For more such informational franchise blogs, you can check our franchise review list here- https://aftercolleges.com/category/franchise-business

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