KDPS Lifestyle started their Apparel retail business in year 2009 with a Lee store, later expanded the retail business with distribution of some of the reputed brands like Lee, Wrangler and Arrow in Bihar & Jharkhand. We have started Franchise business from year 2015.
Our branded Retail franchise startup costs range from 15 lacs to 50 lacs for a exclusive brand outlet concept. Costs can vary depending on the size of the store and other variables. A low investment brand outlet one-time investment ranges from all-inclusive 15 lacs to 20 lacs. All figures are from our 2021 Franchise Disclosure Document.
KPDS considers a number of different factors in our Apparel franchise evaluation process. Among the most important are:
There are 3 kinds of investment involved for first time in starting up a branded retail showroom on franchisee model, Stock deposit, Interior project and marketing related investments. Once store starts up, there are monthly recurring cost, which can be taken care by the monthly business revenue sales of products.
KDPS Lifestyle does provide ROI (Return on Investment) For each franchisee proposal. However, business profitability varies and is dependent on a significant number of factors including local trade area, location, sales revenue, operating expenses, and the financial and managerial capabilities of the franchisee.
We have nearly 150 locations open and under development, including 70 company-owned stores, across Bihar, Jharkhand, UP, Uttarakhand, Orissa.
The Store size vary from as small as 400 SQFT and as big as 6000 SQFT. It largely depends on the Brand Selection and their requirements.
Yes, KDPS Lifestyle has opportunities in both “in–fill” territory and area development opportunities in Bihar, Jharkhand, UP, Uttarakhand, Orissa.
Yes, there are existing franchised showrooms that are for sale. This limited “resale” inventory is dynamic; it is made available, with permission from owners, to candidates who have been approved as new franchisees.
No
If, after your initial proposal, both prospect and brand determine that it makes business sense to proceed to the application stage, the evaluation process should take between one to two weeks.
