Are you interested in the Retails franchise business? Are you looking to open a retail clothing franchise business. Look further! No delay Zudio franchise opportunity in India. The Zudio franchise opportunity is for those looking to invest in the retail franchise industry. If you wants to start zudio franchise business. Every investors wants know zudio franchise cost. In the below sections i gave data for you.
Introduction:
Zudio is a retail fashion brand. Newest designs affordable fashion for men, women and children. The Zudio collection offers sportswear as well as casual and formal clothing. Zudio is a brand owned and operated by Tata Trent Ltd, a subsidiary company of the Tata Group. Zudio’s revenue currently represents around 37% of Tata Trent’s total revenue. Total 546 outlets in Zudio.
Here’s a quick rundown of Zudio:
Target Audience: They cater to a young and fashion-conscious demographic, typically between 16 and 35 years old.
Product Range: Zudio offering a wide variety of products across various categories, including:
- Men’s clothing, footwear, and accessories
- Women’s clothing, footwear, and accessories
- Kids clothing and accessories
- Beauty products
- Homeware
Franchise Brand Details:
Brand Name | Zudio |
Established year | 2016 |
Owned by | Tata Trent Ltd |
Number of Stores | 546 (Updated April 2024) |
Revenue | ₹8,213 Crore (US$1.0 billion) (FY23) |
Head Office | Mumbai, Maharashtra |
Franchise Model | FOCO |
Security Deposit | 29 lakhs |
Space Required | 6,000 to 8,000 sq ft |
Total franchise investment | 2Cr to 3Cr |
Franchise Fee | 10 lakh |
Profit Margin | 15 to 20% |
Franchise Agreement Period | 7 years |
Royalty fee | 10% (Approximately) |
Zudio Franchise Cost & Fee in India:
Particular | Investments |
---|---|
Franchise Fee | Rs: 10,00,000 / 10 Lakhs |
6 months security deposit | Rs: 29,00,000 / 29 lakh |
Stamp duty registration | Rs: 20,00,000 / 20 lakh |
Space and outlet and other | Rs: 1 Cr |
Consultancy Fee | Rs: 2 Lakhs |
Royalty Fee | 10% from Revenue |
Total Investments budgets | 2 to 3 Cr |
Profit Margin | 15 to 20% |
Revenue Share to Franchisee | 16% |
Monthly Sales Revenue | 70 lakh to 1 crore |
Agreements years | 7 years |
ROI (Return on Investments) | 2 to 3 years |
Business Set-Up Time | 1 – 3 month |
Zudio franchise costs may vary based on the location of the franchise and the size of the outlet. To know the exact investment required to start a Zudio franchise based on location, contact Zudio.
Why Zudio Franchise Business?
The benefit of Zudio franchise business, There are;
- The proven business model: Franchise is the proven business model for the individual who starting a new business
- Reduced Risk: Franchises follow a tested business model that has already been successful for Zudio. This reduces the risk of failure compared to starting a new business from scratch.
- Support and Training: Zudio offers training programs to franchisees on various aspects of running the business, including product knowledge, customer service, and marketing strategies. This can be especially helpful if you’re new to the retail industry.
- Structured Operations: Zudio provides a framework for running your store, including guidelines for store layout, inventory management, and staff training. This can streamline operations and ensure consistency across Zudio locations.
- Bulk Buying Power: As a franchisee, you’ll benefit from Zudio’s supplier network and potentially lower product costs due to bulk buying.
- Access to Inventory Management Systems: Zudio likely has established inventory management systems that you can leverage to optimize stock levels and reduce the risk of stockouts.
However, it’s important to consider the drawbacks as well:
- Investment Costs: Opening a Zudio franchise requires a significant upfront investment to cover the franchise fee, store setup, inventory, and working capital.
- Ongoing Fees: You’ll need to pay royalty fees to Zudio, typically a percentage of your total sales.
- Profit Sharing: Your profit margin will be impacted by the revenue share agreement with Zudio.
- Operational Restrictions: You’ll have to follow Zudio’s guidelines for store operations, limiting your flexibility in certain areas.
Also read this: Kalyan Jewellers Franchise Cost – How to Start & ROI 2024
Zudio franchise required License and Documents:
Required Licence and documents of the Zudio franchise:
Licence:
- GST Number
- Trade License
- EPF and ESIC Registration
- Insurance for outlet
Documentations:
- Pan Card/ Aadhar card.
- Bank Passbook.
- Business’s GST Certificate.
- Franchise agreement.
- Passport-size photos.
- Address proof of site.
- NOC or Other requested documents.
How to get a Zudio Franchise in your locations?
Here is the Step by Step process of applying Zudio franchise:
Step 1: Go to this official website: https://www.zudio.com/pages/zudio-franchise (When you click on the website. It will redirect Zudio franchise form page)
Step 2: Fill out the all the informations, CONTACT INFORMATION, BUSINESS/ WORK EXPERIENCE, LOCATION INFORMATION
Step 3: Once you enter the information please kindly double check the details you gave.
Step 4: Enter the Submit the forms and wait for the Zudio brand to respond. Through Email.
Zudio franchise infrastructure requirements:
Shop / Unit Area | 3000 Sqft |
Employee headcount | 5 to 10 Minimum |
Computer / Internet Connectivity | Mandatory |
Billing Counter | Mandatory |
Product Display Area | Mandatory |
Trial Room | Mandatory |
Air Conditioner | Mandatory |
CCTV Set-up | Mandatory |
Delivery Service | Optional |
Support Offered By Zudio franchise Brand:
Inventory Planning | YES |
Product Pricing | YES |
Offers | YES |
Client Acquisition Support | YES |
Client Interaction Training | YES |
Relationship Manager Support | YES |
Interior Design Support | YES |
Interior Development Support | NO |
Marketing Support | Partially Available |
Monetary Support | YES |
Business Management Software | YES |
Online Tie-up Support – Delivery | YES |
Website Support – For Order | YES |
Warranty / Guarantee Support | YES |
Operation Manual | YES |
Training Manual | YES |
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Conclusion:
In conclusion, “Zudio franchise cost, franchise fee & Royalty 2024” Overall, a Zudio franchise is a good option for the entrepreneurs who want to run a fashion retail business with the support of an established brand. 15 to 20% profit margin success is the guarantee in the retails industry. The Total Zudio franchise investment cost 2 to 3 Cr. By considering the proper location, revenue share, royalty fees, return on initial investment, and monthly sales of the franchise.
FAQ:
The Zudio franchise cost ranges from 2 to 3 crore, including the franchise fee, security deposit, stamp duty registration, and meeting the net worth requirement.
Franchise Fee: Rs: 10,00,000
6 months security deposit: Rs: 29,00,000
Stamp duty registration: Rs: 20,00,000
Space and outlet and other: Rs: 1 Cr
Consultancy Fee: Rs: 2 Lakhs
Royalty Fee: 10% from Revenue
Total Investments budgets: 2 to 3 Cr
Profit Margin: 15 to 20%
Revenue Share to Franchisee: 16%
Monthly Sales Revenue: 70 lakh to 1 crore
Agreements years: 7 years
Return on Investments: 2 to 3 years
The estimated profit margin for a Zudio franchise is in the range of 15% to 20% of total revenue.
The royalty percentage for a Zudio franchise is around 10% of the total revenue generated by your store. This means that for every ₹100 you earn in sales, ₹10 goes to Zudio as a fee for using their brand name, operational support, and marketing resources.
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I genuinely appreciate reading your blog. I just wanted to let you know that individuals like myself appreciate your efforts. Definitely an excellent post. I honor you! The information you provide is quite useful.
Hi Team,
Greetings!
I’m Jaypaul Simon from Bidar Karnataka state, We would want to open a ZUDIO brand in out locality could you please provide us the quotation for startup business with a budget details.
Kindly advise for the same, we look forward to hear from you.
Regards,
Jaypaul Simon
I really like reading an article that can make people think.
Also, thanks for permitting me to comment!
Great list and really nice franchise .
This post provided some valuable insights into the Tata Zudio franchise opportunities! The breakdown of costs and potential ROI is particularly helpful for anyone considering starting their own franchise. I’m curious about the support provided by the Tata Zudio team for new franchise owners. Does anyone have experience with that?