Opening a Neeman's footwear franchise requires an estimated total initial investment of ₹45 Lakhs to ₹60 Lakhs for an FOFO (Franchise Owned Franchise Operated) model.The cost breakdown typically includes:Franchise / Brand Fee: ₹2.5 LakhsStore Setup & Interiors: ₹25 Lakhs to ₹30 LakhsInventory Deposit (Refundable): ₹20 LakhsWorking Capital: Approximately ₹10 LakhsKey Requirements:Space Needed: Minimum of 800 sq. ft. in a high-visibility, well-located retail area.Returns: The brand typically offers gross margins and an anticipated payback period of 1 to 2 years