In this article, we will give you complete information about the Relaxo Franchise. This article contains all the topics related to the Relaxo Franchise, which includes Relaxo Franchise cost, profit margin, shop space required, licenses, and registrations, whom to contact, etc.
Why choose Relaxo Franchise?
Founded in 1976, Relaxo footwear limited is an Indian footwear manufacturing company. The company has headquarters in New Delhi.
Relaxo is one of the largest footwear retailer chains in India with 10 brands on its list.
Some of its brands include Sparx, Relaxo, Flite, Bahamas, Boston, Mary Jane, Schoolmate, etc.
Licenses and Registrations Required
These are the licenses and registrations required to start a Relaxo 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 Relaxo Franchise
You require a minimum of 1000 square feet of space to start a Relaxo showroom in India. You need space for a showroom and adjoining warehouse to store stock.
Relaxo Franchise Cost
To start a Relaxo showroom in India, you need to invest 9 to 14 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 -> 1.5 lakhs
- For Purchasing Initial Stock -> approx. 5 to 10 lakhs
- Shop Interior -> 2 to 3 lakhs ( This includes furniture, racks, lighting, signage, computer systems, and all interior works)
- Miscellaneous expenses -> 80,000
- 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.
Profit Margin in Relaxo Franchise
You can expect a 25% to 30% profit margin in the Relaxo franchise. This margin usually varies from one type of product to another, but on average, we can consider this amount.
How to get Relaxo Franchise?
Relaxo footwear registered office is located at,
Aggarwal City Square, No. 10, Mangalam Place, Rohini Sector-3, Delhi – 110085
You may also Like:
FAQ about Dealership
How much space is required to start a Relaxo Franchise?
You require a minimum space of 1000 square feet of shop space
Investment required to start a Relaxo Franchise?
You need to invest around 9 lakh to 14 lakh Indian rupees
What is the profit margin in Relaxo Franchise?
You can expect a profit margin of 25% to 30%
How to contact Relaxo Footwear?
You can call their toll free number 1800 108 6001
I hope this guide to ‘Relaxo Franchise’ will help you get started. If you have any additional suggestions, feel free to mention them in the comments section below. If you like this article then kindly share it with your friends.