Opening a Zara franchise is indeed a wonderful business opportunity for fashionistas. It is because Zara is popular all over the world for its clothes and customer service. By buying a Zara franchise means you will not only be associated with a global fashion brand but also you will be free from all those pains required for starting a business from scratch and of course enjoy great profits.
Before we bring you all the required startup costs to open a Zara franchise, we want you to add a bit of information to your knowledge about the company profile and history.
Zara, a fashion apparel chain, was founded back in the year 1975 by Spanish entrepreneurs named Amancio Ortega and Rosalía Mera. Headquartered in Arteixo A Coruna city of Spain, Zara retails a vast collection of products such as clothing, accessories, shoes not just in Spain but also in global markets. There are somewhere around 60 countries around the globe where Zara runs over 800 retail outlets.
Zara has earned big respect and name for providing maximum franchise opportunities to people in the world. While the fashion brand has distant itself from franchising in our country India but entrepreneurs who live in other nations can own a Zara franchise if they are able to meet its requirements.
While there are several other qualifications in order to become a franchisee of Zara, we are here to disclose all the required investment to buy its franchise. The total budget someone who sees Zara franchise as an investment opportunity needs to have $80000. There is around 5-10% required for royalty fees while 0.3% will be for advertising fees.
We think you should have no problem to afford that much amount. However, if you lack availability, don’t worry as you could approach your nearest bank for a business loan. That’s all for now and catch you soon with another great piece of article.