Sreeleathers, a renowned Indian footwear brand, has been crafting leather shoes, sandals, and bags since its inception in 1989 by Sri Satyabrata Dey. With a Vision to provide affordability and quality at good price , Sreeleathers has established itself as a trusted name in the footwear industry Pan India . Here’s our Analysis investing in a Sreeleathers franchise could be your next big profitable venture
Contents
Introduction
- Founded in 1989 entreprenuer Sri Satyabrata Dey.
- Specializes in leather shoes, sandals, and bags for men, women, and children with Amazing Designs
- Known for affordable prices and good quality products with Good Design and Variety
- Pan India Company 10 states with over 42 retail locations, including Mumbai, Delhi, and Chennai Kolkata Ranchi Patna Lucknow and other Tier 1 and Tier 2 Cities
Franchise Investment Details:
Initial Investment
- Franchise Fee: Varies depending on city and tier (typically ₹3-5 lakhs).
- Store Setup: Rent, renovations, furniture, fixtures, inventory (₹15-25 lakhs),Lighting ,Banner
- Marketing & Advertising (optional) depending on Area and other Factors
- Working Capital (minimum 3 months of operational expenses)
- All these factors are subjective to changes and varies from location to Location
Ongoing Cost
- Ongoing Costs:
- Royalty Fee (Around 10% of sales).
- Marketing & Advertising (recommended in very competitive market).
- Staff Salaries & Benefits.
- Rent & Utilities.
- Inventory & Supplies.
- Other Operational Expenses (insurance, security, etc.).
Licenses and Certificates Required:
- Business Registration – Pvt ltd or LLP. Propreitor Not Allowed
- Shop and Establishment certificate.
- Trade license
- GST Registration Certificate
- Land Documents Clearence
- Bank statements/IT returns to prove your financial background Very Big Point
- Business Insurance Security Fees: 15 Lakh.
Franchise Financial
- Total Investment Required: ₹2.5 crore to ₹3 crore.
- Profit Margin: 40 to 50%.
- Royalty Fees: 10%.
- Franchise Agreement Period: 5 years.
- Required Space: Minimum 1500 Sq ft.
Financial Requirements:
- Bank solvency certificate of 5 crore demonstrating sufficient funds or assets to cover liabilities and ensure financial viability.
Location Criteria:
- Minimum 1500 sq ft area preferred in Good Area
- Ideal locations include SuperMarket high streets, malls, and high-footfall areas in major cities.
- Around 400+ daily visitors expected at the outlet.
Contact Information:
- Kolkata Address:
- +91-9433368324
- help@sreeleathersinfo.com
- Sreeleathers Limited, 3 & 4, Lindsay St, Fire Brigade Head Quarter, Esplanade, Dharmatala, Taltala, Kolkata, West Bengal 700087.
