📋 About the Brand
"Clovia is one of India's fastest-growing online and offline brands operating in the Retail Fashion industry, specializing in premium innerwear and lounge apparel. We offer a highly scalable FOFO (Franchise Owned Franchise Operated) business model designed for optimal efficiency, requiring a standard commercial area of 800 Sqft. With 0% royalty, comprehensive store setup guidance, strong marketing campaigns, and robust supply chain infrastructure, we ensure stable margins and excellent long-term returns for our franchise partners."
🏢 Business Information
Company NamePurple Panda Fashions Private Limited
CEO / FounderPankaj Vermani
DesignationCEO / Founder
Established Year2013
Franchising Since2015
SectorSpecialty Retail
Total Investment30 Lakh - 50 Lakh
Required Area500 - 1,000 Sq. Ft.
📄 Franchise Agreement
Agreement Duration5 Years
Renewal Optionyes
Renewal FeeNo Renewal Fee
Lock-in Period3 Years
Termination Notice90 Days
Resale Rightsyes
Non-Competeyes
Exclusivity Clauseyes
Dispute ResolutionArbitration
JurisdictionIndia
Agreement RegisteredYes
Notes"The franchise agreement specifies a standard tenure of 5 years under the retail model. Operations are optimized for a prime location in Mumbai with a 0% royalty target clause. It includes strict non-compete and exclusivity guidelines to protect business interests. Any operational compliance issues or dispute resolutions will be managed under the standard governing jurisdiction terms of Maharashtra."
📞 Contact Details
Contact PersonPankaj Vermani
Emailinfo12@franchiseforam.com
AddressPlot No. 82, Sector 53, Noida
Pincode201301
📈 Performance & Sales
Min Sales Target₹20–50 Lakhs / Month
Performance ReviewQuarterly
💳 Plan & Billing
Planfree