Brand Introduction

Spykar, established in 1992, is one of India’s leading denim and casual wear brands. Known for its youthful, trendy, and innovative designs, Spykar has carved a niche in the competitive retail industry. The brand offers a comprehensive range of high-quality apparel and accessories, including jeans, t-shirts, jackets, and more. Spykar’s commitment to style, comfort, and affordability has made it a preferred choice among the fashion-conscious youth of India. With a robust market presence and an ever-expanding customer base, Spykar is synonymous with contemporary Indian fashion.

Space Requirements

• Minimum Area: 500 sq. ft.
• Maximum Area: 1,000 sq. ft.
• Preferred Locations: High-traffic areas such as malls, shopping complexes, or prominent high streets.

Investment Requirements

• Estimated Initial Investment: ₹60 lakh to ₹1 crore.
  • Store Setup: ₹30 lakh to ₹50 lakh (includes interior design, furnishings, and equipment).
  • Inventory Cost: ₹20 lakh to ₹30 lakh.
  • Operational Costs: Approximately ₹5 lakh (includes licenses, utilities, and staff salaries).
• Franchise Fee: ₹5 lakh (one-time, non-refundable).

Business Details

• Product Overview: Spykar offers a diverse range of products, including:
  • Premium denim wear.
  • Casual t-shirts, shirts, and jackets.
  • Accessories like belts, wallets, and backpacks.
  • Seasonal collections catering to evolving fashion trends.
• Target Customer Base: Primarily young adults aged 18-35 who value style and affordability.
• Unique Selling Points (USPs):
  • Trendy and innovative designs tailored to Indian sensibilities.
  • High-quality fabrics ensuring durability and comfort.
  • Affordable pricing, making premium fashion accessible.

Franchise Conditions

• Experience: While prior retail experience is preferred, it is not mandatory. A keen interest in fashion and business is essential.
• Location Preferences: High-footfall areas in metro cities, tier-1, and tier-2 cities.
• Staffing Requirements: A minimum of 5-8 employees, including sales staff and a store manager.
• Financial and Operational Prerequisites:
  • Ability to invest the required capital.
  • Commitment to adhering to Spykar’s operational standards and guidelines.

Franchise Benefits

• Brand Recognition: Leverage Spykar’s strong market presence and reputation.
• Profit Margins: Competitive margins and a promising ROI.
• Support Provided:
  • Comprehensive training for store staff and management.
  • Assistance in store setup and design.
  • Marketing support, including national and regional campaigns.
  • Inventory management and supply chain efficiency.
• Unique Features:
  • Regular product updates and seasonal collections.
  • Strong customer loyalty driven by quality and innovation.

Company USPs

• Decades of expertise in the fashion industry.
• Wide-ranging product portfolio catering to diverse customer preferences.
• Competitive pricing strategy ensuring affordability without compromising quality.
• Efficient supply chain ensuring timely inventory replenishment.
• Ethical business practices fostering trust and transparency.

No-Guarantee Disclaimer

The brand does not guarantee specific profit margins, business success, or return on investment (ROI). All information provided is accurate to the best of the company’s knowledge but may be subject to change based on market dynamics or operational requirements. Franchisees are encouraged to conduct their due diligence and understand the risks involved before entering into the agreement.