How to Get Red Chief Franchise In 2023

How to Get Red Chief Franchise In 2023

Are you Passionate about Footwear Industry and dreaming of running your own successful business? Then you can consider starting Red Chief Franchise. Red Chief is an established and trusted brand in the Footwear Industry and it provides an opportunity for aspiring entrepreneurs to take Red Chief Franchise to join its Business.

In this blog, we will know How to Get Red Chief Franchise In 2023, along with this, we will also know how much total investment will be required for this business, what will be the profit margin and what will be the risk in it, so let’s start from the beginning.

Overview about Red Chief Franchise

How to Get Red Chief Franchise In 2023

Red Chief is a brand under Leayan Global Pvt Ltd. It was established in 1997 to cater to the growing demand for branded high quality leather footwear. Red Chief has its own tannery for full-fledged leather and footwear manufacturing and has a 2-manufacturing plant. It is available in 24 states through 5,000 MBOs and also has over 185 plus exclusive stores in 16 states.

Leayan Global Pvt Ltd is a fast-growing part of RSPL. The company started its business in 1988 with its own FMCS shop brand – Ghari. At present RSPL Group has expanded its business in industries like Footwear, Dairy Products, Renewable Energy and Real Estate apart from FMCG. Today this organization is worth 8000 crores and about 25,000 people are employed in this organization.

Red Chief offers a wide variety of Footwear such as Formal Shoes, Casual Shoes, Loafers, Sneakers, Sandals, Slippers, Flip Flops and Boots, Various types of Apparels such as Shirts, Men′s T-shirts, Men′s Sweaters, Men′s jackets, Jens, Men′s Trousers, Men′s Sweatshirt, Lowers and shorts and Various types of accessories such as Belt, Deodorant, Wallet, Socks, Innerwear, Boxer etc.

Red Chief: Essential Facts

1 Trade Name Leayan Global Private Limited
2 Type Private
3 Industry Footwear
4 Founded 1997
5 Founder Manoj Gyanchandani
6 Headquarters Gurugram Haryana
7 Area Served India
8 Product Footwear, Apparels, Accessories
9 Parent RSPL Group
10 Website Redchief.in

 

Why Red Chief Franchise?

How to Get Red Chief Franchise In 2023

  1. Brand Reputation: – Red Chief is one of the largest Footwear industries in India, due to which if you associate with its business, you can attract customers as well as gain their trust.
  2. Wide Product Range: – It has a wide product range such as Formal Shoes, Casual Shoes, Loafers, Sneakers, Sandals, Slippers, Flip Flops, Boots, Shirts, Men′s T-shirts, Men′s Sweaters, Men′s jackets, Jens, Men′s Trousers, Men′s Sweatshirt, Lowers, Belt, Deodorant, Wallet, Socks, Innerwear, Boxer etc. Thus, you can cater to a diverse consumer base.
  3. Training and Support: – Along with training us for business, they also support us in business areas like site selection, its outlet design and renovation, marketing and advertising and many more.
  4. Proven Business Model: Established Red Chief franchises have a proven business model that can reduce the risk associated with starting a new business. You can benefit from the experience and best practices of the franchisor.

Red Chief Franchise Cost

How to Get Red Chief Franchise In 2023

The total investment for Red Chief’s franchisee can range from 15-20 lacs. If you have your own store then your total investment can be less. The company expects you to open this outlet in a densely populated area or shopping mall.

Franchise Fee Approx. 1.5 Lacs (with GST)
Initial Inventory Approx. 5-10 Lacs
Interior Decore (Includes Furniture, Lighting and other items) Approx. 3-5 Lacs
Branding and Advertising Approx. 50,000-1 lacs
Security Deposited for Shop Approx. 2-5 Lacs
Other Expenses Approx. 1 Lacs
Total Investment  15-20 Lacs

 

Red Chief Franchise Profit Margin

In this we get net profit margin from10-13 %. Even after this, you get a bonus amount, which is given to you for selling more than the total sales fixed by the company.

Let’s talk more about how much money can be made, using an example. If someone rents a store and makes around Rs. 3 lacs in sales each month (the amount might be different based on where you are), here’s how the costs might be divided:

Types of Expenses Cost and its description
Average monthly sales Rs. 3 lacs
Gross Margin (@25-30%) Rs. 75,000
 Less: Rent -Rs. 15000
Less: Staff Salary (for two staff) -Rs. 16000
Less: Electricity Bill -Rs. 4000
Less: Travel + Misc. Expenses -Rs. 10000
Net Profit Rs. 30000

 

Here we can see from the example that here the net profit margin is 10%. Here we have monthly sales for only three lakhs and have also taken the shop on rent. If the shop is your own and your monthly sales are more than 5 lacs, then your monthly income can be at least 50000 to 80000.

Requirement for Red Chief Franchise

How to Get Red Chief Franchise In 2023

  1. In this, the first and foremost requirement is that you need a total investment of 15 to 20 lacs.
  2. You need 800-1000 square feet area to set up the franchise.
  3. Due to getting good income in this franchise, many people are eager to take its franchise, but this franchise works on a first come first serve basis, that’s why before applying anyone else in your area, apply for its distributor.
  4. You need at least 2 employees for this business.

Documents Requirement for Red Chief Franchise

  • Aadhar card of applicant
  • Pan Card of applicant
  • Passbook of applicant
  • GST Number
  • TIN Number
  • Business Insurance
  • Address Proof of Outlet
  • Electricity Connection document
  • Passport size photo of applicant

How to Apply for Red Chief Distributorship

You have to fill-up the franchise form by visiting its official website, after that its customer care will call you on its own.

How to Get Red Chief Franchise In 2023

Official Details

  • Toll free no. : 18001200141
  • Monday to Saturday Only
  • Timing: 10:00AM to 09:30PM
  • Helpdesk: redchief6.zohodesk.in
  • Customer Care Email ID: retailcare@redchief.co.in
  • WhatsApp Only: 9794352555
  • Regd. Office:
    Leayan Global Private Limited
    119 – 121, Block P&T
    Fazalgunj, Kalpi Road,
    Kanpur 208 012
  • Corporate Office:
    Leayan Global Private Limited
    Plot no. 124, Sector 44,
    Near Ramada Central
    Gurugram – 122003

Conclusion

Red Chief is a brand under Leayan Global Pvt Ltd. It was established in 1997 to cater to the growing demand for branded high quality leather footwear. Red Chief has its own tannery for full-fledged leather and footwear manufacturing and has a 2-manufacturing plant. It is available in 24 states through 5,000 MBOs and also has over 185 plus exclusive stores in 16 states. You need a total investment of 15 to 20 lacs. You need 800-1000 square feet area to set up the franchise. You get a net profit margin of 10-13 %.

We hope that through this article you have got the right information from our side, if you have any desire to get more information, then please write your question in the comment box and you will get the right information from our side. By reading this article, how did you like it, do write it in the comment, congratulations for your affection.

FAQS

Who owns the Red Chief brand?

How to Get Red Chief Franchise In 2023

Red Chief is a brand under Leayan Global Pvt Ltd. It was established in 1997 to cater to the growing demand for branded high quality leather footwear. Red Chief has its own tannery for full-fledged leather and footwear manufacturing and has a 2-manufacturing plant. It is available in 24 states through 5,000 MBOs and also has over 185 plus exclusive stores in 16 states.

 

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