📋 About the Brand
"Ethnix by Raymonds is a premium Indian ethnic wear brand, offering an elegant collection of kurtas, sherwanis, and wedding wear for the modern Indian man. Operating under a highly viable FOFO model with a standard investment of 50 Lakhs, we provide an exceptional franchise option. We focus on delivering superior retail margins, complete brand support, and zero royalty fees."
🏢 Business Information
Company NameRaymond Limited
CEO / FounderGautam Singhania
DesignationCEO / Founder
Established Year2019
Franchising Since2021
SectorSpecialty Retail
Total Investment50 Lakh - 1 Crore
Required Area500 - 1,000 Sq. Ft.
📄 Franchise Agreement
Agreement Duration5 Years
Renewal Optionyes
Renewal FeeNo Renewal Fee
Lock-in Period1 Year
Termination Notice90 Days
Resale Rightsyes
Non-Competeyes
Exclusivity Clauseyes
Dispute ResolutionArbitration
JurisdictionIndia
Agreement RegisteredYes
Notes"The franchise agreement for Ethnix by Raymonds is established for a standard duration of 5 years with a 1-year lock-in period. The agreement grants complete territory exclusivity to protect the store's market share in the premium Indian ethnic wear segment. Standard non-compete clauses are strictly enforced, and all legal disputes will be resolved through arbitration under the designated governing jurisdiction."
📞 Contact Details
Contact PersonGautam Singhania
Emailinfo32@franchiseforam.com
AddressJekegram, Pokhran Road No. 1, Thane West
Pincode201301
📈 Performance & Sales
Min Sales TargetNo Minimum Target
Performance ReviewQuarterly
💳 Plan & Billing
Planfree
