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Raymond is one of India’s most valuable branded fabric and fashion retailers and leading integrated producers of suiting fabric. Also, it owns apparel brands like Raymond, Park Avenue, Park Avenue Woman, Notting Hill, Color Plus, and Parx. Raymond has one of the largest networks of retail shops through its brands ‘The Raymond Shop’, spread across various cities in India and abroad. In this article, we look at the procedure for starting a Raymond franchise in detail. In India, the textile sector ranks next to Agriculture. It is one of India’s oldest industries and has a formidable presence in the country’s economy that contributes about 14 % of manufacturing value-addition, and accounts for around one-third of the gross export earnings and provides employment to millions of people. This industry provides one of the most basic needs of people and holds importance in improving the quality of life. It is a self-reliant industry, from the production of raw materials to delivery of finished products with the value-addition happening at each stage of processing.

Commenced Operation

Operations Commenced On 1950

Number of Franchise Outlet50-100

Franchise Details

Industry Fashion

Sector Clothing

Service/Product Mens Wear

Franchise/Brand Fee   6Lac

Royalty/Commission 1%

Investment Range 25Lac - 50Lac

Website https://raymondrewards.com/

Franchisor Property Details

Are any performance minimum guarantees given to unit franchisee?Yes

What is the anticipated percentage return on investment?20%

What is the likely payback period of capital for a unit franchise?Min- 1 Year(s) & Max- 2 Year(s)

What type of property is required for this franchise opportunity?Commercial

Minimum Area600 Sq Feet

Maximum Area1200 Sq Feet

Agreements Details

Duration of the contract 5 Years