Cost of Opening an Adidas Franchise in India
The cost to open an Adidas franchise in India ranges from 50 lakhs to 2 crores depending on location and store size. Return on investment can come within 2 years. To become a franchisee, have sufficient funds and apply through the Adidas website. Adidas evaluates entrepreneurs for retail skills and brand alignment. Guidance is provided on location, layout, inventory, and staffing to set up the store. Current store owners can also apply to sell Adidas products. The application process is detailed so patience is key. Competitors are Nike, Puma, and Fila. Adidas aims to create experiential retail spaces to engage customers.
Adidas Franchise Application Process
- Adidas franchise application requires sufficient funds.
- Entrepreneur evaluation for retail skills and brand alignment.
- Guidance on location, layout, inventory, and staffing.
- Detailed application process.
Market Competition and Business Strategy
Rent varies by region, with prices over $80,000 in Manhattan but under $1000 in some US towns. Competitors include Nike, Puma, and Fila. Adidas aims to create experiential retail spaces to engage customers.