INR 20 Lac - 30 Lac
Investment Range
900-1500sqft
Area Required
200
Franchise Outlets
2005
Establishment Year

Fastrack Products and Services


Fastrack was launched in 1998 and became an independent urban youth brand in 2005. Since then, it has carved a niche for itself with watches and sunglasses that are both fashionable and affordable. Fastrack extended its footprint into accessories in 2009 with a range of bags, belts and wallets. Fastrack retails across the nation through 158 exclusive Fastrack stores in over 79 cities as well as authorized multi-brand outlets and online. Today, the brand has successfully notched up the title of being the most loved youth fashion brand in the country.

Fastrack is India’s foremost youth accessories brand. It is sporty and code. It believes that it is all about range and delivers just that in almost ungodly quick cycles. The brand stays focused on its audience and delivers what they want before they even know they want it. Fastrack is accessible and owns the playing field. It is not cheap, just affordable. It is not just about fashion but rather, lifestyle. It does not make products that are meant to be collectibles or those that will turn into heirlooms. It does not just make watches. It is not the manufacturer of twin gear. Fastrack accessorizes the youth… it makes what is their war paint and marks of individualism; it represents, articulates and stands for all they have to say.

Fastrack Cost and Investment


Commenced Operations

Operations commenced on
2005
Franchise commenced on
2009

Franchise Details

UNITS

Investment
INR 20 Lac - 30 Lac
Franchise/Brand fee
1,00,000
Royalty/Commission
30%

Details

Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
80%
Likely payback period
1-2years
Other investment requirements
No

Fastrack Expansion Plans


NORTH

Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttar Pradesh, Uttarakhand,

SOUTH

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana,

EAST

WEST

Goa, Gujarat, Maharashtra, Rajasthan,

CENTRAL

UNION TERRITORIES

Fastrack Property Requirements


Type of property required for this franchise
Commercial
Floor area requirement
900-1500sqft
Preferred location of unit
India

Fastrack Training


Training location
Head Office
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
No

Fastrack Agreement Details


Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes

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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