Do you have the capital to invest but cannot find the right chance? The ITC franchise is the right option for you then. Get a chance to invest and partner with one of the leading FMCG brands in India and earn handsome returns.
Findonlineinfo presents to you all the details that you must know before applying for the ITC franchise.
About ITC in Brief
An Indian Multinational Conglomerate company, ITC was established in 1910. The company has its headquarters in Kolkata, West Bengal in India. Primarily dedicated to the cigarette and leaf-tobacco businesses, ITC now is the second-largest company in India in the FMCG sector.
From cigarettes, biscuits, noodles, beauty products to hotels and the IT sector, this company has created a diversified portfolio over the years. Some of the most popular brands of ITC include Sunfeast, Wills Navy Cut, Aashirvaad, Vivel, Savlon, Classmate and many more.
ITC Franchise – Men’s Wear
The Retail division of ITC is the creator of several popular and exclusive brands including Wills Lifestyle and John Players. The present franchisee is for the Wills Lifestyle brand stores. All the details related to the franchise opportunity are given below.
Floor Area Required for the Franchise: 1000 sq. ft.
Type of Property Required (Preferred): Mall/Property on a high street
Preferred Location: Main market/Highly commercialized area
Locations of Expansion: (North: Punjab), (South: Kerala, Tamil Nadu), (East: Assam), (West: Maharashtra, Goa), (Central India: Chattisgarh, Madhya Pradesh, Bihar)
Investment: 30 – 50 lakhs (INR)
- Detailed operating manuals will be provided to the franchisees
- Field assistance will be available to the franchisees.
- During the inauguration, expert guidance will be provided by the head office.
Term Details and Agreement
- The franchise term is for 9 years.
- A standard franchise agreement is provided.
- The term is renewable after the completion of the agreed term.
ITC Limited Product Dealership
The Fast Moving Consumer Goods (FMCG) sector of ITC is very well known throughout the country. Popular food brands such as Sunfeast, Aashirvaad and other beauty brands such as Vivel, Savlon are must-have in all Indian houses.
Depending on the location of your property, if you have a few lakhs to set up a high return yielding franchise, then the ITC franchise of Limited Product Dealership is definitely for you. Keep on reading to know the details of how to apply for the franchise, range of investment, document requirements and other necessary details.
For ITC Franchise: 2200 sq. ft
For ITC Distributorship: 1200 sq. ft
In villages and suburbs: 4 – 10 lakhs (INR)
Cities: 6 lakhs to 25 lakhs (INR)
A list of all the required documents is as follows:
- ID Proof: Aadhar Card/Pan Card/Voter Card
- Address Proof: Ration card, Recent Electricity Bill
- Others: Photograph, Email Id, Phone number and other documents as and when required by the franchisor
- Profit Margin: On average, a gross profit of 25-35 % is derived.
How to Apply for ITC Franchise?
If you are interested in applying for any of the above-mentioned ITC franchises, you can mail the official email Ids of ITC for further queries.
Alternatively, you can also fill in the contact form located at the Contact Us page of the official website of ITC.
At findonlineinfo, we present you with all the required information related to the application for franchises so that you can earn without any hassle. However, the company holds exclusive rights regarding the allotment of franchises to the applicants.
Also, the rules, as well as the list of necessary documents and other franchise requirements may change at any time and the company is solely responsible for the same. We try to bring you updated information as soon as possible.