Are you looking to start a Helmet retailing business with affordable investment in less space? Look no further Steelbird is offering franchise opportunities for aspiring entrepreneurs. Steelbird Franchise Cost, Profit, and How to Apply in 2024? in this, we will discuss How much Steelbird Franchise cost? What is the profit margin? What are the requirements? How to get a franchise?
Table of Contents
About Steelbird Hi-Tech India Ltd
Steelbird Hi-Tech India Ltd. (SBHT) was established by Mr. Subhash Kapur on March 13, 1964, in New Delhi. Now It is a multimillion-dollar brand exporting products to 50+ countries like Brazil, Indonesia, Korea, Taiwan, Kenya, Tanzania, Egypt, Vietnam, Bahrain, Dubai, Nepal, Colombia, Uruguay, and other European countries.
Steelbird has more than 50 years of experience manufacturing helmets and protecting bike lovers. These helmets are Sweat Resistant Interiors, Pannier Boxes, Helmet Locking Devices, and Auto Accessories. Now that Steelbird is offering a business opportunity. Let’s discuss how you can be a partner.
Key Details of Steelbird Franchise
- Brand Name: Steelbird
- Industry: Retail Industry
- Franchise cost: 8 to 12 lakhs
- Profit Margin: 25 to 30%
- Space required: 150 to 300 sq ft
- Franchise agreement: 5 years
- Official Website: https://www.steelbirdhelmet.com/
How much Does the Steelbird Franchise cost?
To open the franchise of Steelbird requires an investment of between 8 and 12 lakhs, including the franchise fee, setup cost, initial stock, the need to allocate 4 lakhs as working capital, and other expenses.
Franchise agreement: Once you become the franchisee, you will be working under brand support and guidance for up to 5 years.
Franchise fee: Steelbird charges the franchisee to provide rights to open a franchise outlet with a brand name and brand support. The franchise fee varies from time to time; to know the exact figure, contact Steelbird.
Royalty Fee: The franchisee needs to pay certain revenue to the brand on a monthly basis. This fee is for branding, marketing, advertising, and ongoing support.
| Franchise Fee | Included |
| Estimated setup cost | Included |
| Initial Inventory | Included |
| Working Capital | 4 lakhs |
| Franchise Agreement | 5 years |
| Total Investment | 8 to 12 lakhs |
How Much Profit Can You Expect from a Steelbird Franchise?
Steelbird is a profitable franchise opportunity. The franchisee can expect a profit margin on each sale of between 25 and 30%. The profit of the franchise outlet depends on how much revenue the outlet earns based on operational efficiency and the location of the outlet.
With a 25–30% profit margin on each sale, a franchise can recover the initial investment in just 18–24 months.
| Profit Margin | 25 to 30% |
| Return on Investment | 18 to 24 months |
Requirements to Open Steelbird Franchise
Age and Qualification: To be a franchisee of Steelbird, the applicant should be at least 21 years old and have a PUC-passed qualification.
Financially stable: You need to be financially strong and able to invest between 8 and 12 lakhs.
Experience: Previous experience in retail or other sectors is beneficial to operate franchises without hassle and to get franchise opportunities.
Space required: To set up the franchise of Steelbird, you need to have space between 150 and 300 sq ft. An additional warehouse is not required. If you want a warehouse to store the helmets, that requires more space.
Location: Look for a location with high traffic, and mechanical store areas are good to make a high profit.
Required Staff: Franchisees need to hire 2 to 4 trained employees to run franchise stores.
Documents and license: To get a franchise, you need to submit a few personal documents for verification and You need to get a license, like a trade license, a shop and establishment license, or GST registration.
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How do you apply for a Steelbird franchise?
Visit the official website: The first step visit the official website of Steelbird and gather details of Steelbird and the types of helmets are offers.
Locate Become Steelbird Dealer section: Look for the Stealbird Dealer section on the official website. It is usually present in the footer section. Click on it.
Fill the franchise application: Fill the franchise application with your personal details and the address of the location.
Submit the application: Submit the application and wait for a response from the brand. The franchise team will review your application and contact you back. The franchise team will visit your location to determine if it is a good starting point before moving forward with the process.
Conclusion
In conclusion, Steelbird Franchise Cost, Profit, and How to Apply in 2024? , Steelbird is the finest franchise opportunity with an affordable investment, requires 15 square feet of space, and offers a 25–30% profit margin on each sale. Also, franchises can recover the initial investment in just 18 to 24 months. The details, like the franchise fee, royalty fee, and setup cost, vary from time to time. For the exact details, you need to contact the brand.
FAQ
Is the Steelbird helmet franchise business profitable?
The Steelbird franchise is a profitable business opportunity, with 25 to 30% profit on each sale.
What does the Steelbird franchise cost?
Starting a Steelbird franchise costs between 8 and 12 lakhs, including the franchise fee, setup cost, working capital, and others.
How much space is required to set up the Steelbird franchise?
To set up a franchise of Steelbird, it requires space ranging from 150 to 300 square feet.
