Max Fashion Franchise In India, Cost, Profit, Contact No Cost, Profit, Benefits, Contact Detail, Requirements, Kaise Le, Apply | SkillsAndTech

Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in USA? Then this franchise is right for you. to know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.

Wiki

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Max Fashion was first established in 2004 in the Middle East, in Abu Dhabi. The year 2006 saw the India launch of the brand with its first store in Indore.

Max, at present, is the largest fashion brand in the Middle East, North Africa, South East Asia & India, with over 500 stores encompassing 8.5 million sq.ft., across 20 countries, including UAE, India, Saudi Arabia, Kuwait, Jordan, Bahrain, Qatar, Oman, Kenya, Lebanon, Egypt, Algeria, Tunisia, Nigeria, Libya, Tanzania, Indonesia, Malaysia, Iraq and Syria.

It has over 160+ stores spread across over 60 cities in India, Max offers 40 million plus products, which includes Apparel, Footwear and Accessories for the entire family. They aim at creating a delightful shopping experience for their customers where they can expect a world-class shopping environment with the latest trends from across the globe.

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So, today in this article we’ll discuss about getting Max Fashion Franchise, investment, commission, applying process, documents required and much more.

Benefits

• Max Fashion offers a good supplementary business to your existing business, with an assured income every month at a minimal initial investment in infrastructure.
• The widest range of products with multiple brands for men, women’s ethnic, women’s western, kids and home & decor etc., each catering to an exceptional array of clientele. In this way, you can have a great chance to offer advanced products to the largest group of customers to increase profits.
• The company also provides operational and sales support to the franchisee.
• It also provide support to Franchisee to setup his business and to increase its showroom sales.

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Financial Assistance

The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.

Cost/ Investment

If you want to invest in the fashion segment and open a franchise showroom then Max Fashion Franchise would be a good option. So by choosing this Franchise you can start a Fashion/garments franchise showroom. To open this type of showroom you have to invest minimum of 3 crore to 3.5 crore. Bifurcation of investment is given below:

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Here, considers your area for Max Fashion franchise Outlet is 10,000 Sq. ft.

• Company takes Rs 2000 per Sq. ft. = For 10,000 sq.ft. it is 2 crore (In above investment amounts includes setup cost, interior cost, Operational cost, software cost etc.)
• One time Franchise Fee= Rs 25 Lac (10-year franchise agreement)
• Security Deposit for Inventory (Refundable)= Rs 1 crore – Rs 1.25 Crore
• Refundable Security Deposit (If Space Area is Rented) = Rs 40 Lakh (It may be flexible)
• Total Investment = 3 Crore – 3.5 Crore (as per Actual)

The investment may vary from the location to location. So for more information please visit the official website or contact to the company’s area manager.

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Requirements

• Should have proper space in any mall, High Street Area(preference to own property) Area requirement= 8000 sq. ft. – 10,000 sq. ft.
• Should have sound understanding about Retail Market.
• Should be graduate.
• Should be good financial & personal background.

Documents & License

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If you want to open Max Fashion Franchise then you must have some documents and license which is given below:

• ID Proof : Aadhaar card, Pan card, Voter id card
• Address proof : Ration card, electricity bill
• Photograph, Phone number, Email id
• GST Registration certificate
• NOC of unit/shop
• Unit/shop address proof
• Franchise agreement
• Trade Certificate
• Trade License
• EPF & ESIC Registration

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Space Requirements for the Max Fashion Franchise:

If you want to open Max Fashion Franchise store then you must know some thing about the space area. Let me tell you one thing that to open this franchise store your location must be in high-footfall area or in the mall area. Where more and more people can come for shopping.

To open any franchise store the location play a very important role in your sales and customer visit. So, before choosing the location to open max fashion franchise store make sure that the area should fulfill the above criteria.

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So, to open max franchise store you must have approx. 10,000 sq.ft in a prime location in your city. Then you can get easily the max franchise.

Profit

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.

How to Apply

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To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.

Apply Here

Contact details

Website

https://www.maxfashion.in/

FAQ

Who is the founder of Max Fashion?

Micky Jagtiani

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Who is the owner of Max Fashion company ?

Landmark Group

How do I get a Max Fashion franchise ?

If you want to get the Max Franchise then you can get by applying for the franchise. You have to visit its official website to get the all details about the company. And you have to fill the partner enquiry form to take the franchise. Within a week the company will contact you.

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Does Max work on franchise model ?

Franchise Owned Company Operated(FOCO)

Is Max Fashion Franchise profitable ?

By taking the Max franchise you can deal with 40 million plus products, which includes Apparel, Footwear and Accessories for the entire family. So, we can say Max Fashion Franchise is profitable.

What is the profits and margin for the Max Fashion Franchise ?

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The profit depends on the total sells and servicing you made in a month/year. But as a expected profit is given here: Company will provide 20% – 21% on net Sales which you made on your store.

What is the Max Fashion Franchise cost in India ?

Max Fashion company takes one time Franchise Fee = Rs 25 Lac for 10-year franchise agreement.

How much security deposit does Max Fashion franchisee have to deposit for the stock?

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Security Deposit for Inventory (Refundable)= Rs 1 crore – Rs 1.25 Crore.

How do I open a Max Franchise ?

Firstly you have to fill the franchise form then submit the form successfully. If your profile and location will be considered by the company for the franchise then they will contact you within a week. If you’ll confirm for the franchise then they’ll visit your area and survey the location.

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After their verification they give you the confirmation letter. You have to pay some amount for the franchise application process. After getting Franchise approval you can start your Max Franchise store.

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Conclusion

So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you

Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.

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