Hello Guys, Today we will read about the itsy bitsy franchise Business. If you want to start a business in a supplies retailer. Then, you can go for the itsy bitsy franchise. It is the best decision for you and your upcoming future. In this post, we will talk about the total investment of an Itsy Bitsy franchise, Itsy Bitsy franchise Profit or loss, the Space required for the Itsy Bitsy franchise, and more about how to get an Itsy Bitsy franchise in India in 2023.
Company Details of Itsy Bitsy
The Itsy Bitsy brand was started in 2007 by Harish and Rashmi Closepet. Itsy Bitsy was established in 2007 in Bangalore, India.
| Website:- | https://itsybitsy.in/ |
| Founders:- | Harish and Rashmi Closepet |
| Headquarters:- | Bangalore, India |
| Product:- | Paper crafting supplies, Mixed media supplies & Painting supplies |
| Industry:- | Retail |
| Parent Company:- | AEC Offshore Pvt. Ltd |
Products of Itsy Bitsy
- Acrylic paints
- Brushes
- Markers
- Pencils
- Papers
- Sewing
- Knitting
- Crocheting
- Jewelry Making
Benefits of the Itsy Bitsy franchise
Itsy Bitsy is a popular retailer supplier franchise in India that offers a variety of acrylic paints, Brushes,
Markers & Jewelry Making. There are several benefits to owning an Itsy Bitsy franchise. Itsy Bitsy is one of the trusted and low-cost investment Businesses in the retailer supplier. You will get a 100 % guarantee of earning with a good return on investment.
- Itsy Bitsy is one of the largest retailer supplier chains in India.
- Itsy Bitsy is one of the leading brands and has further than 36 stores in India.
- itsy Bitsy is the stylish and fastest-growing retailer ballot in India.
- The company is flexible with the ballot regarding space conditions.
- The company provides all types of marketing and promotional support to the ballot.
Requirements for an Itsy Bitsy franchise
- Area requirements:- To open an Itsy Bitsy store Franchise you want a minimum area is 1000 square feet.
- Required Skill:- You have to pass a Minimum test consisting Exam to get Itsy Bitsy Franchise that is based on math and English-based knowledge. It is mandatory for Itsy Bitsy franchise owners.
- Employer’s requirements:- You need a minimum 8 Employers to operate your store.
- To be Financially strong to invest in the business, Should have basic knowledge of the business.
Eligibility for an Itsy Bitsy franchise
- The owner should follow all terms and conditions of Itsy Bitsy company.
- You must have proper money Investment to open this franchise.
- Must have a proper space in a good location for the outlet.
- The owner must have knowledge of running an outlet.
- Applicant should be more than 21 years old.
Itsy Bitsy Franchise Cost in India
The cost of an Itsy Bitsy franchise depends on many factors like a franchise fee, location, size of the shop, equipment required, etc. According to Itsy Bitsy, the total investment is approximately Rs. 50 Lakhs to Rs. 1 Crore.
- Franchise Fee:- The franchise cost of an Itsy Bitsyfranchise is Rs. 10 lakhs in India.
- Investment in Store:- The Investment in setting up the store Itsy Bitsy is Rs. 25 lakhs to Rs. 60 Lakhs, depending on location in India. It includes the cost of equipment, furniture, and the investment depends on store size and structure.
- Security Deposit:- The Security Deposit depends on the shop’s location.
- Working capital:- The staff salaries, cost of inventory, and other operational expenses.
Space Required for Itsy Bitsy Outlet
Itsy Bitsy store space depends on the size of the store. A minimum space of 1000 square feet space is needed to start the Itsy Bitsy franchise. If you taking a store on rent then remember the rent of a store in a prime location may be too high.
Documents & Licence
- First, you have to Register your Business with the (Roc) Registrar of Companies and get your certificate of incorporation.
- ID Proof:- Aadhaar Card and PAN card.
- Address Proof:- Ration Card, Electricity Bill.
- Bank Account with Passbook.
- Photo, Email ID, Phone Number.
- Fire safety certificate.
- GST Number.
- Standard franchise agreement.
- FSSAI Licence.
- Rental agreement.
- In the end, you’ll need to obtain insurance coverage for your business.
Itsy Bitsy Franchise Profits and Margin:
Itsy Bitsy is one of the largest retailer supplier chains in India and it’s on trending nowadays. In the future, Itsy Bitsy will be the largest retail brand in India. So, Everyone wants to take a franchise of Itsy Bitsy but they have only one question what will the Profits and Margin of Itsy Bitsy? So, today we will clarify the margin and profit of Itsy Bitsy.
An Itsy Bitsy franchise can generate a net profit margin of 10% to 20%. This means that for every Rs 100 in deals, a franchisee can anticipate earning Rs 10 to Rs 20 in net profit. According to assiduity estimates, the average ROI for an Itsy Bitsy ballot in India is around 18-24 months. This means that a franchisee can anticipate to break and start earning gains after around 1.5- 2 times of operation.
How to apply for the Itsy Bitsy Franchise in India?
- First, you have to go to the official site of Itsy Bitsy India.
- https://itsybitsy.in/
- Then click on the “Contact Us” tab and send a request for a callback.
- Contact and meet the local Itsy Bitsy Field Development Agent.
- Carefully read all the agreements before doing any signatures.
- After all the processes pay the franchise fee.
- then you will owner of the Itsy Bitsy franchise.
Itsy Bitsy Franchise Contact Details
If you are getting any issues or you want to take a franchise Itsy Bitsy then you can contact them from here. All details are mentioned below:-
Address: No. 52,9th Main Road 30th Cross, Banashankari 2nd Stage Bangalore Bangalore KA 560070 IN.
Telephone: +91-9900061127 , +91-99458 43790
Website: https://itsybitsy.in/
Email ID: [email protected]
Frequently Asked Questions of Itsy Bitsy:
Q 1. What is an Itsy Bitsy franchise?
Ans : Itsy Bitsy is a popular retailer supplier franchise in India that offers a variety of acrylic paints, Brushes,
Markers & Jewelry Making.
Q 2. What is the cost of an Itsy Bitsy franchise in India?
Ans : The cost of an Itsy Bitsy franchise in India is approximately Rs. 50 Lakhs to Rs. 1 Crore.
Q 3. How to open an Itsy Bitsy franchise?
Ans : First you have a good investment and patience. Then, some criteria like the need for all documents and the need for space for opening. After this fill out the form and wait 2 days. You’ll get a call back from Itsy Bitsy. then confirm all the details pay the franchise fee and start your business.
Q 4. Is Itsy Bitsy a successful franchise?
Ans : Yes, it is a successful franchise at the present time. lots of people want to take the Itsy Bitsy franchises but they can’t take it due to financial issues. it is based on the Retail system and the business is going in trending nowadays.
Q 5. Who is the Founder of Itsy Bitsy?
Ans : Harish and Rashmi Closepet is the Founder of Itsy Bitsy.
We hope you got all the information about the Itsy Bitsy. if you think that some more topics can be added or you have your issue then you can comment down| mail us. you can grow with businessuniqueidea. Thanks for visiting our Blog. Have a nice day.
