Thursday, November 07, 2024

Business

Adidas Franchise in India: Application Process, Fees and Requirements

Adidas Franchise Cost in India

Adidas Franchise Cost in India: Gone are the days when Indian citizens were constantly anxious about their finances. Today, the concept of branding is gaining immense traction in modern India, enabling businesses to tap into the rapidly expanding market. Adidas, the largest sportswear company in Europe, is a prominent name in any discussion about top global brands.

About Adidas

Adidas, founded in 1924, is one of the world’s most renowned shoe and accessory brands. Headquartered in Herzogenaurach, Bavaria, Germany, Adidas AG operates as a global sports corporation.

With 450 locations in 28 countries, Adidas is celebrated for its innovative products. On average, the company produces and distributes over 400 million pairs of sneakers annually. As a leading player in the sports goods and apparel industry, the Adidas Group has a vast market presence and offers a diverse range of products available in almost every country.

Why Choose Adidas for a Franchise Opportunity?

Adidas entered the Indian market by establishing a 100 percent subsidiary in 1996. The brand quickly gained popularity among Indian consumers, making the Adidas franchise a top choice for those interested in starting a business.

Adidas collaborates with various production partners globally to produce nearly 900 million sports and lifestyle products each year. In 2018, the company reported sales of €21.915 billion. These figures highlight the scale and diversity of Adidas as a business, which is now offering franchises to aspiring entrepreneurs with significant market potential.

The company has seen substantial growth in its profits in India over recent years, outperforming many other international businesses operating in the region. The support from Adidas’s parent company further enhances the appeal of becoming a franchise partner. The Adidas brand itself is a powerful attractor for customers.

Adidas’s product lineup includes well-known brands such as Adidas Originals, Y-3, Adidas Sportswear, and Adidas Stella McCartney. Popular product categories include slides, coats, running shoes, sneakers, tracksuits, and shoes.

Investors can expect a return on investment (ROI) from an Adidas franchise within approximately two years. The timeline depends on factors such as sales, marketing, location, and showroom relationships. Initially, you can anticipate an ROI of about 15%, which may increase with higher sales volumes. The potential for profit with an Adidas franchise is substantial.

Application Procedure

To apply for an Adidas franchise, you must complete the online request form available on their official website: Adidas India.

Fees

Starting an Adidas franchise typically requires an investment of between 30 to 50 lakhs of rupees. This amount covers marketing expenses for the location, dealership deposit, showroom fittings, interior design, and furniture. Based on business estimates, investors can expect a 15% ROI with a one-year repayment period.

Financial Aid

Financial aid for purchasing an Adidas franchise may be available depending on your individual circumstances and financial status. For more details, contact Adidas through their official website: Adidas India.

Space Requirements

Adidas recommends setting up a franchise in a high-traffic area, market zone, or retail mall to attract large numbers of customers. A minimum space of 1000 to 1500 square feet is required for an Adidas franchise showroom.

Contact Information

Adidas India Marketing Ltd

Plot No-93 Institutional Area, Sector-32

Gurgaon

Landline Phone No.: 0124 4569100

Fax No.: 0124-4569160

Email: [email protected]

Conclusion

For nearly a century, Adidas has been a leading name in the sports accessory and footwear industries. The brand’s strong customer loyalty, combined with its high sales potential and reputation, makes it a compelling investment opportunity despite the competitive market landscape.

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