If have a plan to start a footwear shop business in India, then you can start a footwear shop with multiple brands, or you can tie up with one well-established brand and start a franchise.
In this article, we will give you complete information about the Liberty Shoes Franchise. This article contains all the topics related to the Liberty Shoes Franchise, which includes Liberty Shoes Franchise cost, profit margin, shop space required, licenses, and registrations, whom to contact, etc.
Why choose Liberty Shoes Franchise?
Established in 1954, Liberty Shoes limited is a Haryana-based footwear company. The Company has headquarters in Karnal, Haryana.
Liberty Shoes is India’s one of the leading manufacture and retailer of footwear products.
The brand has a presence in 25 countries. in India it has 400+ exclusive showrooms and also sold in 6,000+ multi-branded footwear outlets.
Liberty Shoes-owned brands are Aha, Coolers, Footfun, Force 10, Fortune, Gliders, Healers, Leap7x, Perfect, and Senorita.
Licenses and Registrations Required
These are the licenses and registrations required to start a Liberty Shoes Franchise in India.
- Company Registration – Sole proprietorship/LLP/Pvt Ltd
- Trade Licence – from your local municipality
- Shop & Establishment Registration – from the state government
- GST Registration
- Previous bank statement / Income Tax Returns Returns
- Business Insurance if required
If you lack capital, you can take a business loan from banks like SIDBI bank.
Space required for Liberty Shoes Franchise
You require a minimum of 1200 to 1500 square feet of space to start a Liberty Shoes showroom in India. You need space for a showroom and adjoining warehouse to store stock.
Liberty Shoes Franchise Cost
To start a Liberty Shoes showroom in India, you need to invest 30 to 35 lakh rupees.
Consider this amount only if you own a store. If you are planning to start a franchise in a rental space, you will need to add a store security deposit in addition to the amount mentioned above.
The breakdown of the amount is as below,
- Franchise Fee or deposit to company -> 2 lakhs
- For Purchasing Initial Stock -> approx. 20 to 22 lakhs
- Shop Interior -> 12 to 13 lakhs ( This includes furniture, racks, lighting, signage, computer systems, and all interior works)
- Miscellaneous expenses -> 1.5 lakhs
- Shop security deposit -> Extra. (If you do not own the shop. This varies from city to city.)
The ongoing expenses include Shop rent, Staff salary, adding inventory, utility bills, etc.
The software and training to manage it will be provided by Liberty itself.
This is estimated to start with a 1200 square foot showroom in a decent area. If you are planning a big store, you need a little more investment.
Profit Margin in Liberty Shoes Franchise
You can expect a 28% to 35% profit margin in the Liberty Shoe franchise. This margin usually varies from one type of product to another, but on average, we can consider this amount.
How to get Liberty Shoes Franchise?
Liberty Shoes registered office is located at,
Ground Floor, Building No. 8 Tower – A, DLF Cyber City, Gurgaon – 122002, Haryana.
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FAQ about Dealership
How much space is required to start a Liberty Shoes Franchise?
You require a minimum space of 1200 to 1500 square feet of shop space
Investment required to start a Liberty Shoes Franchise?
You need to invest around 30 to 35 lakh Indian rupees
What is the profit margin in Liberty Shoes Franchise?
You can expect a profit margin of 28% to 35%
How to contact Liberty Shoes?
You can call their toll free number +91-184-2255620
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