Apply Now! Jockey Franchise in India 2022: Cost, Profit
Jockey Franchise: Jockey is India’s most iconic brand in the fashion segment due to this huge demand, most people want to start their franchise to start earning. So here in this article, we will help you to understand how to get Jockey Franchise, Jockey Franchise Cost, Jockey Franchise profit margin, and so on.
How To Get Jockey Franchise
What is Jockey Franchise
India's textile and garment industry is the world's third-largest exporter. The industry contributes 2.3% to India's GDP and ranks second in terms of job creation.
Traditional handloom products, handicrafts, silk products, and woolen products using capital-intensive technologies are among the products produced in this business. Punjab, Rajasthan, Gujarat, MP, Maharashtra, Karnataka, Delhi-NCR, UP, West Bengal, Telangana, Andhra Pradesh, and Tamil Nadu are the key textile-producing states in India.
What is Jockey Brand
Jockey invented innerwear in 1876 and has continued to evolve and innovate the product and its marketing through the years. Jockey is a global comfort garment maker and marketer with products marketed in over 140 countries. The company prioritizes quality, comfort, fashion, innovation, and value. Jockey's straightforward commitment to meeting its customers' demand for comfort has been the brand's signature as it has grown in size and sophistication.
Jockey is a prominent brand that manufactures men's and women's innerwear, sleepwear, loungewear, and activewear. In addition, a jockey is a well-known brand for producing and distributing men's, women's, and children's innerwear, sleepwear, and athletics. In 1971, the Cooper Underwear Company was given a new name. In 1972, the firm was renamed Jockey International, Inc for the second time. It now operates in numerous nations throughout the world.
Page Industries granted the company a license in 1994 to expand its operations in Sri Lanka, Nepal, India, and the UAE. Later, the company began doing business in these countries considerably. Page Industries currently has over 500 exclusive shops in India. There are 100 outlets within the mall and around 400 outlets above the high streets. In addition, the corporation is opening new locations within a retail mall for better marketing and sales.
Is jockey franchise profitable?
Jockey has had a solid distribution network in India for almost 20 years. Furthermore, Page Industries has very strong return ratios and continually grows in the global garment market. Furthermore, the company has 39 exclusive stores in premium shopping malls and over 104 stores in areas such as high streets, metros, tier 1 and tier 2 cities, etc. As a result, it's a tried-and-true business opportunity in our country that may pay off handsomely for franchisees. The brand Jockey Franchise Profit Margin is high, according to this topic. As a result, it is one of the best investments for new entrepreneurs and those interested in starting a clothing business.
Benefits of a Jockey Franchise
1. The main head office sends each Jockey franchise in India an operating handbook on how to run a Jockey store in India.
2. All of the company's franchisees benefit from the company's significant experience and good reputation in the Indian clothing industry. This gives its franchisees a competitive advantage in the emerging market.
3. The company also offers complete support to its franchisees, including guidance on their questions and difficulties and any other assistance they may require to maintain the store's professional and economic growth.
4. Jockey also gives enough support throughout introducing a new franchise location. This assistance includes employee training, assisting the franchise owner with the inside and physical appearance of the outlet, and presenting options for a good retail site.
What are the operating regions of Jockey India?
Jockey India currently has over 150 franchise locations around the country. Delhi, Andhra Pradesh, West Bengal, UP, Telangana, Assam, Odisha, MP, Karnataka, and Tamil Nadu are the operational regions. Maharashtra, Goa, Gujarat, Kerala, and other states.
The organisation offers the entire management team total support and assistance in opening its new franchise outlet. The corporate office provides all required training to ensure that the outlet runs smoothly and professionally. In addition, each franchise outlet receives an expert guide to keep all staff informed about current marketing trends and products accessible in the store.
In India, a single Jockey franchise location must have at least 4 to 6 staff. This quantity is also dependent on the built-up area for the outlet.
Jockey franchise Cost in India
Jockey India franchise Cost, To build a Jockey franchise exclusive store, the interested party must have a retail space in a busy or central city area or a high-end shopping mall. A person can also select a shop-in-shop option. EBO requires a minimum of 1344 square feet with a 48-foot frontage, 28-foot depth, and 11-foot height. The cost of a jockey franchise (jockey dealership cost) will be between Rs 45 and 50 lakhs.
In India, there are two business methods for obtaining a Jockey franchise.
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You can work as a distributor for Jockey. This business concept is designed for entrepreneurs who currently run a retail clothing store. You can also use this option to become a Jockey distributor or store. The organization will provide you with things at a lower cost than the market rate. You can also get a cash discount or a discount on the overall merchandise throughout the year.
The second is that you will become the owner of an exclusive Jockey franchise business that will be opened in a high-end commercial retail location. Unlike the previous business strategy, this one will necessitate a financial investment, as stated in the article. Furthermore, you will be required to follow business requirements to complete your shop interiors, and you will be provided with all necessary support and guidance from the main headquarters.
Jockey franchises Cost
- The franchisee must invest Rs. 50,00,000 to begin the business.
- A monthly turnover of Rs. 10, 00,000 (approx.) – Rs. 120 lakhs per year is necessary for a franchise.
Important paperwork for the Indian Jockey Franchise
- Identification: Aadhaar Card, Pan Card, and Voter Card
- Proof of address: ration card, the electric bill, etc.
- Passbook-enabled bank account
- Email address, phone number, and photograph
- Additional Document
- Financial Record
- Property Document
- Complete property title and address document
- Lease Contract
- NOC
Jockey Franchises Profit Margin
Let us discuss profit margins within the Jockey Franchise. Inside it, different profit margins are supplied for both types of franchises, and different profit margins are given for all products. Then learn about the profit margin contained within it. Calling their toll-free number will provide you with all of the necessary information.
How to Apply for Jockey Franchises
In general, there are two ways to apply for a franchise. To begin, contact the Indian headquarters and Bangalore immediately. Otherwise, you can use the company's official website to apply.
- Open the URL on the company's website.
- There will be a contact information form and one franchise inquiry available on this page.
- Complete the contact information form by providing all essential information, such as name, address, phone number, email address, and fax number.
- You must also give thorough business information in the franchise question form.
- The list covers the store's location, available space, and investment amount.
- Once all of the information has been entered correctly, submit the contact information form and one franchise query.
- If you are selected, corporate officials or a representative from the firm will contact you to walk you through the rest of the process, including signing the agreement and starting your Jockey Franchise Store.
Alternatively, the individual can directly contact the Jockey Franchise Head Office in Bangalore.
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