Ximi Vogue franchise is one of the great retail store Franchises in India. We will discuss the Ximi Vogue Franchise Cost, Profit, Review, and How to Start the Franchise.
The franchise has 65+ outlets in 34 cities in India. You can directly enroll for the Ximi Vogue Franchise by filling up the Google Form.
Ximi Vogue Franchise Cost
Ximi Vogue Franchise cost ₹30,00,000 Rupees as an initial investment. The minimum area required is 500 Square feet. The Franchise Fee is 4,00,000 Rupees.
| Particulars | Amount |
| Franchise Fee | 4,00,000 Rupees |
| Machinery | 4,00,000 Rupees |
| Interior, Furniture & Branding | 11,00,000 Rupees |
| Advance for Inventory | 10,00,000 Rupees |
| Other Expenditure (Marketing and Misc) | 1,00,000 Rupees |
| Total Investment | 30,00,000 Rupees |
- The agreement will be for 5 Years, and 5 Lakhs will be the renewal fees for the next 5 years
- 4 team members + 1 manager is required
- Remote and on-site training of franchise
- Tech Support will be provided by the brand
- The franchise experts will help in getting the best location for the store
- The expected Payback Period is 2 years
- There is a great Value Preposition for customer operational support
- Low operating cost
- High Profit Margin (Gross Profit margin is 38%-45%)
- 70%-80% Conversion
- More than 10 different categories and 30,000+ square feets
Ximi Vogue Franchise Profit
We will analyze Ximi Vogue Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 9 Lakh Rupees per month i.e. 30,000 Rupees per day.
We can conclude that the Profit of the Ximi Vogue Franchise is 2.1 Lakh Rupees per month for Sales of 9 Lakh Rupees per month i.e. the net profit margin is 23.33%. 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 Rupees per month and the profit will be 4.5 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.
You can open the outlet nearby colleges, corporates, malls, or any place where people demand to have Retail Items.
How to get Ximi Vogue Franchise?
To get the Ximi Vogue 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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