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PARK AVENUE
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600-1200 sqftArea Req
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25-50 lacInvestment Size
-
500+No. Of Franchise Outlets
-
1986Establishment Year
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Category: Fashion
Subcategory: Men's Clothing
Park Avenue is a brand of casual wear & formal wear for men and women. Its line of merchandise includes shirts, dresses, suits, coats & jackets, blazers, waistcoats, and among others. As of Jan 2019, Its products are distributed by more than 565 'The Raymond Shops', over 50 exclusive brand outlets and more than 650 multi-brand retailers. The brand was awarded the Best Design Concept of the Year Award at the Images Fashion Awards 2015. The company is a subsidiary of Raymond Apparel Ltd.
EXPANSION PLANS
| North | Delhi, Punjab, Uttar Pradesh, Uttarakhnad |
|---|---|
| South | Kerela, Andhra Pradesh, Telengana |
| East | Assam, Manipur, Oddisa, West Bengal |
| West | Gujarat, Maharashtra, Rajasthan |
| Central | Madhya Pradesh, Bihar |
| Union Territories | Daman and Diu, Lakshadweep, Pondicherry |
Commenced Operations
| Operations Commenced On | 1986 |
|---|---|
| Franchise Commenced On | 1986 |
Franchise Details
| Investment | 25-50 lac |
|---|---|
| Franchise/Brand Fee | NA |
| No. Of Franchise Outlets | 500+ |
| Royalty/Commission | - |
| Establishment Year | 1986 |
Details
| Anticipated % ROI | 50% |
|---|---|
| Likely Pay-back Period | 1-2 years |
| Other Investment Requirements | 25-50 lac |
| Type of Property Required | high street |
|---|---|
| Floor Area Requirement | 600-1200 sqft |
| Preferred Location | - |
| Detailed Operating Manuals | Y |
|---|---|
| Training Location | - |
| Field Assistance Available? | Y |
| Expert Guidance from Head Office | Y |
| Standard Franchise Agreement? | Y |
|---|---|
| Franchise Term (years) | 5 |
| Renewable? | Y |
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