BlackTree Clothing store Franchises onboarding legal fee.
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Introduction
Are you interested in starting your own business in the fashion industry? Have you ever considered owning a BlackTree Clothing STORE franchise? If you're looking to venture into the world of fashion retail, a BlackTree Clothing STORE franchise might be the perfect opportunity for you. In this article, we will explore what a BlackTree Clothing STORE franchise entails and the step-by-step process of becoming a franchisee. So, let's dive in and discover how you can turn your fashion dreams into a reality!
What is a BlackTree Clothing STORE franchise?
A BlackTree franchise is a method of distributing products or services involving a franchisor, who establishes the brand's trademark or trade name, as well as a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. In the case of a BlackTree Clothing STORE franchise, it allows individuals to own and operate their own BlackTree Clothing store while benefiting from the established brand, proven business model, and ongoing support provided by the franchisor.
STEPS TO BECOME A BlackTree Clothing STORE FRANCHISEE:
1. INITIAL APPLICATION
- FILL THE FORM AND REVERT BACK WITH THE NECESSARY DOCUMENTS: You need to fill out an application form and submit it with required documents.
2. LOCATION VERIFICATION
- SHARE PHOTOGRAPHS OF YOUR SHOP AND RENTAL DEED/REGISTRATION DEED COPY: Share photos of your shop location and a copy of the rental deed or registration deed to verify ownership/tenancy.
3. DOCUMENT VERIFICATION (3-4 WORKING DAYS)
- ONBOARDING TEAM VERIFIES YOUR DOCUMENTS: The BlackTree team will verify the documents you submitted.
4. AGREEMENT REVIEW (4-6 WORKING DAYS)
- LEGAL TEAM REVIEWS THE AGREEMENT TERMS AND APPROVES THEM: The legal team will review and approve the franchise agreement.
5. AGREEMENT RECEPTION (4-6 WORKING DAYS)
- AGREEMENT COPY IS DISPATCHED FROM PUNE TO THE FRANCHISE'S ADDRESS FOR SIGN-UP: The agreement copy will be sent to your address for signing.
6. AGREEMENT SUBMISSION (2 DAYS)
- AGREEMENT SCAN OR HARD COPY DISPATCH VIA FRANCHISE: Sign the agreement and send it back scanned or via courier within 2 days.
7. STORE LAYOUT ASSESSMENT (2-3 WORKING DAYS)
- INTERIOR TEAM VISITS AND LAYOUT MEASUREMENTS ARE SUBMITTED FROM THE ARCHITECT'S SIDE: The BlackTree team will visit your shop to assess the layout and take measurements.
8. INITIAL DEPOSIT (2-3 WORKING DAYS)
- FRANCHISEE DEPOSITS RS. 10 LAKHS TO THE COMPANY: Make an initial deposit of Rs. 10 lakhs to secure your position as a franchisee.
9. ARCHITECTURAL DRAWINGS (10-12 WORKING DAYS)
- ARCHITECT DRAWING IS SHARED WITH THE FRANCHISEE: The architect will create detailed drawings and plans for the store setup and share them with you for approval.
10. STORE SETUP (20-30 WORKING DAYS)
- CARPENTER WORK OR CIVIL WORKS BEGIN FROM THE FRANCHISEE'S SIDE: You will be responsible for coordinating the carpenter or civil work to transform your premises based on the approved drawings.
11. QUALITY CHECK (2-3 WORKING DAYS)
- QC TEAM VERIFIES THE WORK: The BlackTree QC team will visit your store to verify if the work adheres to their standards.
12. SECOND DEPOSIT (2-3 WORKING DAYS)
- FRANCHISEE DEPOSITS RS. 15 LAKHS TO THE COMPANY: Make an additional deposit of Rs. 15 lakhs after successful QC verification.
13. STAFF HIRING (2-3 WORKING DAYS)
- BILLING STAFF IS HIRED: Hire billing staff to manage your store's day-to-day operations.
14. STOCK INVENTORY (4-7 WORKING DAYS)
- STOCK BILLING AND DISPATCH IS DONE VIA THE COMPANY: The company will coordinate billing and dispatching the required inventory to your store.
15. STORE SIGNAGE (4-5 WORKING DAYS)
- THE FRONT LIGHT BOARD OR ULTRATHIN BRAND BOARD IS INSTALLED BY THE COMPANY: The company will install the store signage.
16. BILLING SOFTWARE SETUP (2-3 WORKING DAYS)
- BILLING SOFTWARE IS INSTALLED OR TESTED: The company's technical team will install or test the billing software for your store.
17. PRODUCT DISPLAY (1-2 WORKING DAYS)
- PRODUCTS ARE DISPLAYED ON THE SHELF: Arrange and display BlackTree Clothing products on the store shelves.
18. FINAL INSPECTION (1-2 WORKING DAYS)
- THE BRAND MANAGEMENT TEAM CONDUCTS A FINAL QC: The BlackTree brand management team will conduct a final QC check to ensure everything aligns with their standards.
19. MARKETING AND LAUNCH (1 WORKING DAY)
- PRESS RELEASES AND ADVERTISEMENTS ARE RELEASED: The company's marketing team will release press releases and advertisements to create buzz about the new store opening.
20. GRAND OPENING
- FINALLY, THE SHOWROOM IS INAUGURATED: You will officially inaugurate your BlackTree Clothing STORE franchise!
FAQs (Frequently Asked Questions)
Q: How much is the total investment required to open a BlackTree Clothing STORE franchise?
A: The total investment required to open a BlackTree Clothing STORE franchise is Rs. 25,00,000/-.
Q: What is the minimum space requirement for a BlackTree Clothing STORE franchise?
A: The minimum space requirement for a BlackTree Clothing STORE franchise is 500 sq. ft. to 1500 sq. ft
Q: What is the franchise fee?
A: INR 2.5 Lakh (Non-refundable)
Q: What is the margin on the sale price for a BlackTree Clothing STORE franchise?
A: The margin on the sale price for a BlackTree Clothing STORE franchise ranges from 20% to 45%.
Q: Are legal fees or franchise fees refundable?
A: No, legal fees or franchise fees are not refundable.
Q: Who is responsible for the interior costs and labor charges?
A: All interior costs and labor charges are payable by the franchisee.
Q: What does the company provide in terms of branding for the store?
A: The company provides a front light board or ultrathin brand board for the store.
Conclusion
Owning a BlackTree Clothing STORE franchise presents a unique opportunity to be part of a well-established fashion brand while having the independence of running your own business. The step-by-step process outlined in this article highlights the journey from application to store inauguration. By following these steps and meeting the necessary requirements, you can embark on an exciting entrepreneurial venture in the fashion retail industry. So, take the first step and bring the BlackTree Clothing experience to your community!
Note:
Legal fees or franchise fees are not refundable, and all interior costs and labor charges are payable by the franchisee. The company will provide a front light board or ultrathin brand board.
Total investment:
Rs. 25,00,000/- Minimum space requirement - 500 to 1500 sq. ft.
Margin: 20 to 45% on sale price."
Delivery is available in all pincodes.
Delivery Time: 5 to 15 working Days.
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