Roman Island Franchise
Roman Island Franchise
A company which has marked its presence predominantly across 30 countries, Roman Island oversaw its rise from a meager team of ten members with a production capacity of 500 pieces a month to about four hundred skilled employees with a production capacity of 50,000 pieces a month. The company now caters to over 200 multi-brand outlets the world over. It works with the motto of offering quality garments at an affordable cost and has established its endeavors in India in association with KRD Exports Pvt. Ltd. Franchisees opting for Roman Island are provided with a comprehensive assortment of the company’s collections to trade on. Roman island plans to expand its portfolio to more outlets, both in India and other locales. It specifically strives to establish its forte in India with 1,000 exclusive stores by 2020. This article looks at the requirements and procedure to start up a Roman Island franchise.
KRD Exports Private Limited
KRD Exports Private Limited has been provided with the license of operating the master franchise for ‘Roman Island’ in India. ‘KRD exports’ emerged as a sister concern of the KRD group in the year 1988, and has been engaged in the business of constructions, bore well, mining and apparels. The group functions with a team comprising of 200 engineers, and have extended its services to major establishments like Larsen and Turbo for its various endeavors. Its major accomplishment lies in the manufacture of rigs, of which it has produced 95% of that of the country.
Why Choose Roman Island?
- Low investment.
- 100% success rate.
- Higher Return on Investment (ROI).
- Product margin as high as 50%.
- Marketing support.
- Assistance in advertising and promotional activities.
- Support for non-moving stocks.
The brand requires an investment of INR ten lakhs to twenty lakhs, in addition to franchise costs and misc expenses amounting to INR 4 lakhs to 5 lakhs. Also, the franchisees would be required to remit a royalty fee of 0.5%.
Franchisees can be delighted about the ROI prospects, which according to company estimates could range between 200-400%, with a potential payback period of a year.
The franchise can be established in a commercial space that scales between a square feet of 6,000-10,000.
Areas of Expansion
The following locations have been shortlisted for the purposes of expansion, though applications are invited for all locations.
- Himachal Pradesh
- Jammu and Kashmir
- Tamil Nadu
- Andhra Pradesh
- Arunachal Pradesh
- West Bengal
- Madhya Pradesh
- Andaman & Nicobar islands
- Lakshadweep islands
- Daman and Diu
The selected franchisee would be entrusted with exclusive territorial jurisdiction.
Qualities of Business Partners
The establishment is scouting for partners who are willing to put in the toil and spend quality time in the outlet so as to have a direct interface with the end consumer.
Applying to Roman Island
A franchise or trade enquiry can be made on the official website of Roman Island by providing details of the applicant’s name, e-mail, contact number, as well as a remark. The entity may also be approached through the address or contact details specified below:
Post by Sreeram Viswanath
IndiaFilings is India's largest online compliance services platform dedicated to helping people start and grow their business, at an affordable cost. We were started in 2014 with the mission of making it easier for Entrepreneurs to start their business. We have since helped start and operate tens of thousands of businesses by offering a range of business services. Our aim is to help the entrepreneur on the legal and regulatory requirements, and be a partner throughout the business lifecycle, offering support at every stage to ensure the business remains compliant and continually growing.