H&M Franchise also known as “Hennes Mauritz Wildorss” is one of the most renowned fashion brands in the world. It was first founded by Erling Persson in the year 1947 in Stockholm Sweden which is also its Present headquarters. The Company offers innovative designer clothes for Both women and men and also kids. The company also offers its franchise to eligible entrepreneurs who wish to open their stores in an ideal location suitable for business. With International Celebrities on board like Jim Sarbh, Manushi Chillar, Isha Talwar, Shantanu Maheshwari, and Chum Darang it also added popularity to their brand. In this article, we will cover the details about What is the H&M Franchise Cost in India along with the Profit Margin, Application Process, Inquiry Contact Number, and other related details.
H&M Franchise Cost & Profit in India
Let us tell you that the H&M brand value is close to 15 billion dollars presently comprising 3983 stores worldwide. The Brand itself offers a lot of variety and diversification to the customers. This Swedish Fashion Retailer has surpassed Zara to become India’s top clothing brand Presently. The Present Brands associated with the H&M franchise Include;
- Monki.
- Arket.
- COS.
- AFound.
- Weekday.
- H&M Home.
In this article, we will try to cover How to Take an H&M franchise in India, Investment Cost, Profit Margin, and Eligibility requirements if you wish to Apply for an H&M Franchise business opportunity. So what are waiting for? Keep scrolling down below.
H&M Franchise Cost and Requirements 2024
As we have told you above H&M Franchise being an International brand only offers its Franchise to experienced entrepreneurs as most of the stores are self-owned by the company. The Franchise Costs and Requirements are mentioned below:-
| Franchise Requirements | Investment Cost (INR) |
| Shop/Store Minimum 1000 square feet | Franchise fees 2-5 lakh. |
| Minimum Staff Required 10-15. | |
| Store Setup, Interior and Fixtures, Inventory | |
| Training and Support, Marketing and Advertising | Total Infrastructure investment 50 lakh to 1 Crore. |
H&M Franchise Business Profit Margin
| Type of Franchise | Fashion Brand and Clothing. |
| Store/Shop | Minimum 1000 square feet. |
| Commission and Revenue Sharing | 96% to franchisee and 4% to franchisor |
| Gross Profit Returns | 30 -35% based on Industry standards. |
| Return on Investment | Minimum 1 year. |
How to Apply for H&M Franchise in India?
- If you wish to apply for H&M Franchise please visit the official website or directly click the link here => https://www2.hm.com/.
- Once you reach the homepage of the H&M website you can find the Contact details.
- Apart from that it is advisable to write an email outlining your background, your prospective business goal, and your interest in your franchise.
- After a few days please follow up on the same thereby requesting an application and scheduling a meeting to learn more about H&M’s selection procedure and projected investment for running a franchise store in your location.
- One can also visit the H&M office in person and ask about the franchise business mode.
Contact Details of H&M Franchise Business Opportunity
You can find the Contact details of the H&M Franchise below. There is also a web chat facility on the Home page where you can directly chat with the executives of the Company.
- Phone Number: 1800-889-8000
- Email ID: [email protected]
- Official Site: https://www2.hm.com
H&M Franchise Support and Guidance
H&M has an experienced team that helps to identify the ideal location for the Franchise store. The H&M team provides complete store design and visual marketing guidelines including marketing collaterals and guidance on branding and Promotions. The Team helps in Training the staff and provides Complete instructional programs on operations. The expertise team also provides Complete IT Infrastructure like POS Systems and Inventory management software.
READ ALSO: Zara Franchise Cost & Profit in India (Apply Link)
Documents Required for H&M Franchise Application
- Franchise Application form.
- Sufficient Capital funds to invest in the form of Bank statements and letters of credit.
- Complete details of Location like address, photos, and landmark if any.
- Legal Documents include GST Number, PAN card, and Aadhar Card Copies.
- Sales deed or Proof of ownership.
- No Objection Certificate from the landlord or commercial establishment.
H&M Franchise is a great choice for making money in India. The professionalism and the positive environment offered by the company make it a very attractive investment. The rising disposable income and increasing fashion awareness among Indian consumers help sell the brand easily. While other brands take 5 to 6 months to offer new designs H&M introduces new designs to the market in 2 weeks.