If you want to get into the business of sarees, then why not a silk saree franchise? Sarangi is a high-end fashion retail brand established in 2009, is famous for the hand-woven silk sarees of Kanjivaram gives an opportunity to own a Sarangi Sarees franchise. Cost of investments, area requirement, and expected profit are detailed here for your reference. So keep reading! How much does a Sarangi Saree Store franchise cost in India?
The Sarangee Saree Stores offers two types of franchise format viz Express and Flagship formats with investments ranging from Rs.50 lakhs to 1 crore. The franchise fee or brand fee is Rs.5 lakhs and INR 15 lakhs will be used for setting up the store. Rest will be given as stock at 25% margin to the franchise.
How much space is required to open Sarangi Silk Saree franchise?
The next important aspect of the franchise after the investment break up is the area required to set up Sarangi saree stores. You require a minimum of 500 square feet area for Express format and 2000 sqft for Flagship format stores. A commercial property is idle for this business, preferably in a shopping mall or in an area that receives heavy traffic all through the day.
Is opening a Sarangi Saree franchise a profitable business idea?
No doubt, it is a profitable business idea for one or more reasons. First, the tradition and heritage of the silk sarees always have a special place in the heart of women in India, that never goes out of fashion. The demand for retail segment increases considerably as lots of varieties are coming up daily into the market with various looks, styles, design and patterns. Sarangi sarees guarantees your success with 'no fail' approach as it has a fantastic franchise module and also has an online presence which integrates the stock that the franchise has, who can sell it globally from the online platform. So you can reap profit from its online sales as well. Sarangi sarees is a royalty-free franchise model. One can see an approximately 25 percent profit margin. So get started with a Kanjivaram saree business with Sarangi a good fashion & retail franchise to see your income grow.
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