Zudio is an Indian apparel retail brand that comes under Tata Group’s Trent Ltd. This company is widely known for its affordable yet trendy clothing options for men, women, and kids.
And if you’re looking to open a franchise store in Zuido and want to know more about it, then you’re at the right place.
Here in this guide, we’ll explore the ins and outs of opening a Zudio store, including the total cost and investment, ROI, etc.
So, let’s get started.
Zudio – An Introduction
Zudio operates on the FOCO model (FOCO is a type of model where the franchisee owns the business, but the company manages the day-to-day operations) and is part of the TATA Group’s Trent Ltd.
It is a popular apparel brand that offers a wide range of fashionable clothing and accessories for men, women, and children. Zudio is primarily known for its trendy designs and affordable pricing, and I also love to shop at Zudio for its stylish yet budget-friendly options.
Choosing the Zudio franchise has many perks, including:
- Being a part of Tata Group, Zudio has a strong brand reputation that serves well and attracts more customers.
- Zudio is known to provide comprehensive training and ongoing support that will help you manage your store effectively.
- This franchise model works on FOCO, which would be a great benefit for you.
- The brand’s commitment to affordability means higher foot traffic to your store.
…and a lot more.
Zudio Franchise Cost, Investment, and Requirements
If you’re interested in becoming part of a Zudio family by operating a franchise store, there are several aspects you need to understand. The franchise model that Zudio operates under is the FOCO model (Franchise Owned Company Operated), where franchisees own the business while Zudio oversees daily operations.
Now, here are some information about the requirements, cost, documents, and expected ROI.
Franchise Requirements
- Franchise Model: FOCO (Franchise Owned Company Operated) Model
- Space Required: 5,000 sqft to 8,000 sqft
- Expected ROI (Return on Investment): 2.5 years to 3 years
- Brand Royalty Fee: 10 to 16%
- Profit Margin: 15 to 20%
With only 10 to 16% brand royalty fees and around 86 – 90% of franchisees retaining their revenues, Zudio offers a lucrative opportunity for aspiring entrepreneurs.
Total Cost & Investment
The total investment required to open a Zudio franchise can vary based on the location and size of the store. Here’s a breakdown of the costs you can expect:
- Total Investment Required: 2 to 3 crores (Cost might vary depending on location, city, etc)
Breakdown of Cost:
- Space & Outlet Setup Fees: Around 1 to 1.2 crores
- Franchise Fee: 10 lacs
- Security Deposit: Around 29 lacs
- Consultancy Fee: 2 lacs
- Stamp Duty Registration: Around 20 lacs
Please note: These are not the actual investment cost but a general estimate. The actual cost of investment depends on various factors like the location, the space required, the number of staff, rent, and other costs.
Agreement Terms:
The agreement period for Zudio franchise is around 7 years, with renewal options based on the performance.
Required License and Documents
To apply for a Zudio franchise, you will need to prepare and submit several documents, including:
- GST Number
- Trade License
- Business Plan
- Proof of Identity and Address
- Financial Documents like Bank Passbook
- EPF and ESIC registration
- Passport Size Photo
- Outlet Address & Proofs
- NOC and other required documents
Expected ROI
Franchisees can expect a return on investment (ROI) on their investment within 2.5 years to 3 years. The ROI depends on various factors like location, market demand, and operational efficiency.
How to Apply for A Zudio Franchise
If you’re thinking of investing in Zudio, then here are simple steps to follow.
First, click on this link. It will redirect you to Zudio’s official franchise page.
Here, you’ll find a franchise form requesting details such as contact information and your business/work experience, along with expected turnover.
💡 Author’s Note:
Make sure you fill out the form correctly and share all the accurate information with them. As Zudio is one of the largest franchise models and many people are interested in franchising, it would be difficult for them to process applications that are incomplete or contain incorrect information.
If you have any questions or need clarification on specific sections, don’t hesitate to reach out for assistance. Remember, attention to detail can set you apart in a competitive franchise environment.
Wrapping Up!
Investing in the Zudio franchise represents a significant opportunity in the Indian fashion retail segment, but it also requires careful consideration and substantial financial commitment.
I would not recommend simply filling out the form, making the payment, and starting your franchise outlet. Instead, I suggest visiting other Zudio outlets to observe their performance, the expected foot traffic and the approximate amount of money customers spend.
These points will be crucial for you. Based on these factors, you will need to conduct further research. After that, if you’re interested in this model, you should select an appropriate location with a significant crowd who are interested in purchasing apparel from your Zudio store.
I hope you liked this article. If you have further concerns or questions about the Zudio franchise, feel free to reach out.
Disclaimer:
While writing this article, we conducted extensive research using publicly available data. The investment, ROI, and expected returns may vary based on location and updates related to Zudio.
If you find any incorrect information on this page, please let us know at hello@theguidex.com.
- The article was last updated on September 25, 2024.
yes zudio is best showroom for trending fashion