K Lounge Products and Services
Launched in 1998, “K-Lounge” is targeted to the customers between the age group of 25 to 40 years, mostly corporate executives. “K-Lounge” is positioned as a brand for young executives.
One of the four iconic brands “K-Lounge” is definitely for someone with a unique sense of style and a refreshing new outlook towards life. A classic range of apparel for the modern, uber-cool man, K-Lounge is known for redefining corporate fashion in India, the coolest possible way. With fresh colors, trendy cuts, and patterns, here’s where you will find the perfect blend of style and comfort, like nowhere else. When it comes to quality, we choose from the most premium range of fabric and linen to design garments keeping in mind the latest global trends from the world of men’s fashion.
K Lounge Cost and Investment
Commenced Operations
Operations commenced on
1981
Franchise commenced on
2003
Franchise Details
UNITS
Investment
INR 20-30lacs
Franchise/Brand fee
2,00,000
Royalty/Commission
15%
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
80%
Likely payback period
1 year
Other investment requirements
No
K Lounge Expansion Plans
NORTH
Delhi,
Haryana,
Himachal Pradesh,
Jammu & Kashmir,
Punjab,
Uttar Pradesh,
Uttarakhand,
SOUTH
Andhra Pradesh,
Karnataka,
Kerala,
Tamil Nadu,
Telangana,
EAST
Arunachal Pradesh,
Assam,
Manipur,
Meghalaya,
Mizoram,
Nagaland,
Orissa,
Sikkim,
Tripura,
West Bengal,
WEST
Goa,
Gujarat,
Maharashtra,
Rajasthan,
CENTRAL
Bihar,
Chhattisgarh,
Jharkhand,
Madhya Pradesh,
UNION TERRITORIES
Andaman & Nicobar,
Chandigarh,
Daman & Diu,
Lakshadweep,
Pondicherry,
K Lounge Property Requirements
Type of property required for this franchise
Commercial
Floor area requirement
1000-1,500sqft
Preferred location of unit
India
K Lounge Training
Training location
Head Office
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
No
K Lounge Agreement Details
Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes
About Franchise Times
Who We Are?
Franchise Times was promoted by professionals with over 25 years of hands on experience in Franchising. The foundations of Franchise Times were laid to assist entrepreneurs from start-ups, SMEs NGOs and corporates to develop sustainable franchise networks. Our multi-disciplinary and tested approach ensures that the appropriate talent and experience are applied at every stage of our work to ensure our clients' business needs are served professionally and in a cost effective manner.At Franchise Times our success is measured by the growth of our clients' businesses. Within a decade of operation we have created over Rs. 5 million worth of enterprise value for our clients. We've advised over 200 networks and established multiple franchised network locations in India and abroad. We know exactly what it takes to grow a business - many of our clients have come to us with a single location and we've assisted their expansion to India and abroad.
Franchising is a wonderful way to go into business for yourself, but not by yourself. Franchising is an example of teamwork at its best, bringing together talents of a dedicated professionals and management team with hard work, zeal and entrepreneurial spirt of franchisees at the local level to serve our customers.
What We Do?
Franchise Times can help you expand your network in existing and new markets (globally), acquire new clients and increase your revenue, all at a substantially reduced costs.At Franchise Times we follow an innovative approach that offers customized solutions to meet your specific needs in franchising. Staffed with professionals in sales, marketing, logistics and legal who are well empowered and phone-productive, we bring transformational rewards to your business.
Our offering include
- Franchise Opportunities
- Buisness Consulting
- Digital Consulting
- Awards and Events