Sports Shop Franchise Businesses in India
Do you plan to open a sportswear franchise business in your area? Check out a list of the topmost profitable sports shop franchise opportunities in India.
The Indian population has a deep carving for games and sports. Thus, it results in the growth of viewership, contribution, and sports-related businesses. It has opened up new business opportunities for financiers looking at the Indian market – from brand building and organization to niche entrepreneurial ventures, emerging machinery, and services.
According to the current market situation here, we have accumulated a chosen list of the finest profitable sports shop franchise business prospects in India for your convenience.
A step-by-step guide to starting a Sports Shop Franchise business in India
Market research to start Sports Shop Franchise business
As with other business thoughts, you require to study the marketplace before you initiate your business. Figure out who your local competitiveness. In the case of a sports shop franchise, the target market is more or less fixed to teenagers, children, and a few seniors whose interests may comprise usage of Sports goods. You must visit your competitor shops and must see that their goods and try to find a gap in the marketplace which can be filled by you. Target all probable markets such as malls, centers, hi-tech areas, etc.
License, permissions, and registrations required for starting Sports Shop Franchise business in India
The license needed to run this Sports Shop Franchise business are:
- Registration of your business
- ISI standard registration
- MSME registration
- CE certificate
- GMP certificate
- FDA certificate
- Trade license
- GST registration
- No Pollution Certificate
- No Objection Certificate
- Shop and Establishment Act License
List of Best Sports Shop Franchise Businesses
Adidas Franchise or Dealership
Adidas is a German-based multinational popular brand famous in the entire world. The brand provides footwear and sports accessories. Chiefly, the product list comprises specific shoes, clothing, and accessories for particular games and sports. The brand holds a tough market share in the Indian retail market.
Investment required to start Adidas Franchise
For initiating an Adidas store, you must get Rs. 25 to 50 Lac as startup capital.
Nike Sports Shop Franchise
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Nike is the world’s largest supplier of athletic shoes and clothing. Also, it is a major producer of sports equipment worldwide. This multinational company has it headquarter in Oregon, America. In India, individuals who plan to apply for a franchise can apply from the Bangalore office.
For opening a Nike store, you should acquire retail space in a busy location in the city area.
Investment required to start Nike Sports Franchise
For initiating a Nike Sports store, you must get Rs. 15 to 20 Lacs as startup capital.
Reebok India Franchise
Reebok India Company is an American-inspired, global brand that manufactures and markets sports and lifestyle items built upon a strong heritage and authenticity in sports, fitness, and women’s groups. The brand is dedicated to designing products and marketing plans that reflect creativity and the craving to constantly challenge the competitors.
Investment required to start Reebok India Franchise
Opening a Reebok store demands 1200 to 2000 sq. ft. commercial retail space and a high startup capital of Rs.50 Lacs to 1 Cr.
Puma India is a famous sports stylish brand in India. This prestigious brand has been present in 115 Indian cities comprising 340 stores, spread across over 50 franchise associates. Especially, the brand focuses on women’s sportswear and fitness merchandise.
If you want to gain a sustainable income from a business, then Puma is off course a wiser choice.
Investment required to start Puma Franchise
Apart from a retail space in a premium area, you should acquire around Rs.30 to 50 Lac for beginning a Puma store in your place.
GoalSquad – Sports Shop Franchise
GoalSquad is a Mumbai-based company. The company wholesales, retails, and manufactures 100% Licensed and Official Goods. Besides, the company has specific licenses of different European and Indian Football Clubs in collaboration with basketball institutions.
Investment required to start GoalSquad franchise
It is a low-cost franchise business in the sports shop franchise segment. With a startup investment capability of Rs. 10 to 20 Lacs, you can purchase the GoalSquad franchise.
Skechers South Asia Pvt Ltd
Skechers is an American fashion & lifestyle brand. Internationally Skechers is available in around 100 countries and even more. It is selling over 3000 designs annually. Skechers offers footwear items like shoes for performance, sports, lifestyle, and kids.
Investment required to start Skechers South Asia fashion
If you have a capacity of Rs 30 to 50 Lacs investment, then you can plan for the Skechers shop franchise outlet in India.
De Sports Mall Equipments Private Limited
De Sports Mall Equipments Private Limited is a Bengaluru-based company. The brand offers a collection of the industry’s best, and an extensive range of most interesting and high-quality items under one roof. The company delivers a wide range of indoor and outdoor games and sports equipment.
Investment required to start De Sports Mall Equipments Fashion
For opening a De Sports Mall franchise, you must acquire a 1000 sq. ft. retail space with a startup investment of about Rs. 30 to 50 Lacs.
Prime Fitness – Sports Shop
Prime Fitness is one of the most popular brands in the Fitness Equipment Industry. The goal of Prime Fitness is easy – providing quality fitness equipment at very reasonable prices.
The brand plans to give a range of quality fitness equipment namely Motorized Treadmills, Upright Bikes, Elliptical Cross Trainers, Orbitrac Bikes, Recumbent Bikes, Home Gyms, Benches, Weights, Dumbbells, etc.
Investment required to start Prime Fitness – Sports Shop Fashion
Beginning a Prime Fitness sports shop franchise needs a startup investment capacity of Rs. 2 to 5 Lacs.
Bill N Snook
The brand provides leisure sports and games equipment in Kerala. The product list comprised different types of pool & billiards, snooker, custom game room, chess, boxing gloves, indoor golf, carrom board, etc. Also, the company has various gaming products like multiplay games, driving games, shooting games, boxing games, kiddy rides, redemption games, etc.
Investment required to start Bill N Snook Fashion
With a very less startup investment of Rs. 3 to 5 Lac, you can start the Bill N Snook franchise business.
Playmart India Pvt. Ltd. Is the owner of the brand Playmart. It is a Chandigarh-based Indian sports shop franchise brand. This sporting marketplace offers a wide range of quality and branded sporting goods, apparel, equipment, and footwear in a specialty e-store environment. Playmart plans to bridge the demand & supply gap of Sports & Fitness products by providing Franchise opportunities.
Investment required to start Playmart Fashion
Launching a Playmart sports shop franchise demands a proper space of 500 to 1000 sq. ft. and startup capital of Rs. 20 to 30 Lacs.
Due to the several questions from our readers, we have added the Decathlon Franchise to this list. However, Decathlon doesn’t have any franchise operation model. So the company never offer franchise opportunity for individuals.
The company believes in delivering customers with top-quality products and the best customer experience. Therefore, all the existing Decathlon stores are taken care of and managed solely by the original owner.
Investment required to start Decathlon Franchise
Launching a Decathlon franchise demands a proper space of 500 to 1000 sq. ft. and startup capital of Rs. 20 -30 Lacs.
Profit margin in Sports Shop Franchise business
The profit margin that a Sports Shop Franchise business is likely to yield is about 20%-50% based on the quality of the product you produce the profit percentage increases. Make sure that you attract customers with lots of varieties and follow the trend.
In case if you miss this: Home Made Products Business In India.
Tips for increasing your customers and to expand in its way
When you plan to customize, the products design we can add some more benefits to have a firm decision about the business as a start-up’s idea.
Firstly, the business has a great scope of expansion from a franchise business to a manufacturing-based small unit with nominal investment charges
Secondly, with the growing requirement of the sports products has to adapt with this demanding lifestyle and at the same time it should give trendy look to look fashionable, that appeals to maintain a social status and the design should be unique among the people could be taken advantage of by selling off these sports products.
Lastly, the foreign export market of sports products from India has been around Rs. 50 Lakhs thereby providing an opportunity to establish a global space.
Conclusion to start a Sports Shop Franchise in India
We hope, this list of top Sports Shop Franchise Opportunities in India will aid you in beginning your venture in your locality.