5 Reasons a Nike Franchise Isn’t for Everyone
High Initial Investment
Nike Franchise Cost in India 50 lakh to 2 crores.
Nike Franchise Cost in India 50 lakh to 2 crores.
Requires large Area
To Setting up Nike franchise outlet requires 500 to 1000 sq ft in prime location
To Setting up Nike franchise outlet requires 500 to 1000 sq ft in prime location
Obtaining Nike's approval to launch a franchise is 10%.
Obtaining Nike's approval to launch a franchise is 10%.
Royalty Fees
Nike charges 3 to 8% royalty fees to the franchisee.
Nike charges 3 to 8% royalty fees to the franchisee.
2 to 4 years required to recover the initial investment
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