📋 About the Brand
"Park Avenue is a premium and well-established lifestyle brand in India, offering sophisticated styling and high-quality clothing for men. Operating under a successful FOFO model with an investment size of 50 Lakhs, we provide an excellent franchise opportunity. We focus on delivering superior retail margins, complete operational support, and zero royalty to ensure strong store performance."
🏢 Business Information
Company NamePark Avenue Apparel
CEO / FounderGautam Singhania
DesignationCEO / Founder
Established Year1950
Franchising Since2012
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
JurisdictionMumbai, India
Agreement RegisteredYes
Notes"The franchise agreement for Park Avenue is established for a standard duration of 5 years with a 1-year lock-in period. The agreement includes complete territory exclusivity to protect the store's market share. Standard non-compete clauses are applicable, and all legal disputes will be handled through mutual arbitration under the designated governing jurisdiction."
📞 Contact Details
Contact PersonGautam Singhania
Emailinfo24@franchiseforam.com
AddressJekegram, Pokhran Road No. 1, Thane West
Pincode400606
📈 Performance & Sales
Min Sales TargetNo Minimum Target
Performance ReviewQuarterly
💳 Plan & Billing
Planfree
