Paragon

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BUSINESS DETAILS

Paragon has casual and formal shoes, sandals, floaters, slippers, and flip flops footwear for men. This brand also makes footwear to wear on ethnic occasions.

INVESTMENT DETAILS

Commenced Operations

Operations Commenced On: 1974

Franchise Commenced On: 2020

Franchise Details

UNITS

Investment: INR 20lac – 30lac

Franchise/Brand Fee: INR 200000

Royalty/Commission: 00 %

Expansion Locations

NORTH

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

SOUTH

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

EAST

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

WEST

Gujarat, Rajasthan, Maharashtra, Goa

CENTRAL

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Exclusive territorial rights to a unit franchisee: Yes

Anticipated percentage return on investment: 62 %

Likely pay back period of capital for a Unit Franchise: 2-3 Years

PROPERTY DETAILS

Type of property required for this franchise opportunity: Commercial

Floor area requirement: 500 – 1000 Sq.ft

Preferred location of unit franchise outlet: Highstreet area

TRAINING DETAILS

Detailed operating manuals for franchisees: Yes

Franchisee training location: Delhi

Is field assistance available for franchisee ? Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is the term renewable? Yes

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