ARCHIES Franchise Startup Cost, Revenue and Profit Margin
If you are looking for information regarding Archie’s franchise because you love businesses that are involved with gift items, I have every information you might need concerning Archie’s franchise including startup cost, investment requirements and what you need to know to become a franchisee with Archie’s franchise.
Archies franchise is an Indian company founded by Anil Moolchandani and located in New Delhi which started operation in 1979 and became franchising in 1989. Archie’s franchise specialized in the production and selling of greeting cards.
Archies store franchise presently has more 200 franchises outlet in more than 100 cities and 6 countries. Initially, they were into the selling of leather items, posters and songbooks before they venture into the greeting cards market which has now made them a household name in the Indian gift market.
Why You Should Partner with Archie’s Franchise
Archie’s franchise has been putting smiles in the faces of so many people with their beautiful and lovely greeting cards during special holidays like Valentine’s Day, Mother’s Day, Friendship Day, Raksha Bandhan and many festive periods like Christmas, Diwali and New Year.
Millions of people visit Archie’s store to buy gift items and cards every year. As far as greeting cards and gifts are still used especially at events and special occasions, it is a very good business franchise to venture into.
Archies are the most popular brand in Indian when it comes to gift items and greeting cards. If you go and check out most birthdays, anniversaries and weddings to see the cards and gift items, you will find out that it was bought from one of Archie’s franchise outlets in town.
Archie’s franchise has ranges of products in their portfolio which include; occasional greeting cards, soft toys, perfumes, stationery, posters, photo frames, gift packs, and many other related items.
They are also available online as an online retailer. This means their products can also be purchased online. Don’t you like such a business that you don’t have to stress yourself when it comes to making sales?
You will be making the right decision becoming a franchisee with Archie’s franchise if you are serious enough in venturing into the gift item industry.
Archie’s Franchise Financial Requirements and Franchise Fee
Interested candidate for Archie’s franchise should be able to meet the compulsory financial requirement. A franchisee will need an approximated initial investment of 15 lacs which covers anon-refundable administrative expenses, cost of interior design, refundable security fee, accessories cost, and first consignment cost.
Archie’s Franchise Financial Assistance
There is no information on Archie’s franchise websites stating if there do give financial assistance to potential franchisees. It must be due to a reason that they are regarded as one of the cheapest franchise companies in India.
Archie’s Franchise Financial Option
Archie’s franchise has a relationship with a third-party source that can provide finance covering the startup cost and franchise fee of the franchisee.
Archie’s Franchise Training and Assistance
With a simple business model setup like Archie’s franchise, running the business is very easy and less stressful. All the same, Archie’s franchise provide support in designing the interior of your store and let the franchisee understand the nitty-gritty of the business.
They provide a 45-days training program which includes the franchisee visiting one of the best showrooms of Archies in town.
At the opening of your shop, Archies will send five to seven of their experienced employees from any of their shop nearest to you to work with you for the first week. Two of the employees will stay with you for a few more weeks to initially guide you through the main business process.
There is always a medium that any franchisee can also use to keep in touch with the franchisor when any matter arises.
Archie’s Franchise Application and Terms of Agreement
There is no information regarding terms of agreement and renewal on the internet including their official website.
Maybe when you download the request form to fill, you may see it stated or when you inquire about it, you can be told.
How to Open Archie’s Franchise?
If you have made up your mind to start Archie’s franchise outlet in your city, you just need to find a suitable location first with square feet of between 500-1000 sq.ft. It can be your own or rented. This is one big factor in joining Archie’s franchise.
The applicant must also possess the entrepreneurial skills needed to run and manage a business to succeed. He or she must also accept the terms and conditions of the franchise. If you are still motivated to join, then apply via their website www.archiesonline.com by contacting their franchise division via any of these emails; firstname.lastname@example.org or email@example.com and you will be contacted on the next action.
Archie’s franchise is a very profitable business opportunity for any entrepreneur looking to won a retail-based gift item business.