Ann Summers is a well-known retailer famous for its adult toys, lingerie, nightwear, and other offerings. The company has over 100 stores across multiple countries and is still expanding.
Want to open your own adult-themed store? Ann Summers is able to offer some of the best franchise opportunities out there. Keep reading to learn more.
A Brand That Pushes Boundaries
There’s a reason why Ann Summers is thought of as revolutionary! Customers are able to choose from an expansive selection of adult-themed clothing, toys, and other items. The brand’s team is always updating their ranges and providing its clients with more options.
How an Ann Summers Franchise Works
Entrepreneurs that pass the selection process are able to take an almost unlimited number of business opportunities in a stable and recession-proof niche market.
You’ll open a brick-and-mortar establishment in an area you and the brand both agree on. The company’s support team will then provide you with all the assistance you need to launch your clothing retail franchise and become profitable. Your responsibilities will include managing your outlet, recruiting and training your staff, as well as upholding the standards that Ann Summers has become known for.
Don’t forget, it’ll be far easier for you to establish a customer base with Ann Summers above your door. Potential customers will recognise the name on sight and know exactly what you offer. You won’t ever have to worry about building your own reputation.
Do You Need a Particular Professional Background?
If you want to join forces with Ann Summers and run your own retail clothing store franchise, you must have previous experience in the industry. In addition, you should be familiar with staff management and customer service, and be able to fulfil the investment requirements. It also goes without saying that you should be comfortable talking to clients directly and have the ambition to grow your enterprise in your assigned area.
The Capital Required
An Ann Summers franchise costs a minimum of £200,000, and you’ll also need working capital to cover your startup expenses. But you should know a specific total investment figure will only be provided once you’ve had your application accepted.
After you’ve paid, you can expect site selection guidance, an extensive training programme, access to a frequently updated high-quality product range, marketing support, and that’s not all.
While it’s true that this is one of the most expensive clothing franchises in the industry, the potential returns are enormous.
Requesting a Loan – the Process Explained
Ann Summers cannot fund you directly. But you can still get the capital you need to invest. You must take your business plan to the franchise department of a major bank. What does this documentation have to contain? A breakdown of the franchise opportunity, your operational strategy, a financial forecast, and so on.
Of course, the fact that Ann Summer is a famous brand will play to your advantage – the moneylender you talk to will know that you’ll be taking one of the best clothing franchise opportunities available. But you must remember that your loan application will only be accepted subject to status. This means your credit score and income level must both meet the requirements of the specific bank you’re requesting funding from.
Comprehensive Training & Constant Support
Sales. Marketing. Recruitment. Bespoke software. Merchandising. You’ll learn how to handle it all and so much more during an intensive training programme. This’ll last for up to one month, and by the time you’re finished, you’ll have learned everything you need to know to make your clothing franchise a success. But you won’t then be left on your own…
When your Ann Summers outlet is open for business, the company will ensure you always have an up-to-date product range. What’s more, you’ll benefit from brand-wide promotional initiatives including television adverts that have been proven to attract new customers.
Concerned that you won’t have anyone to turn to if you encounter an issue? Don’t be. The Ann Summers team will be ready to answer your call or email, and you’ll get the answers you need.
Your Next Steps
If you’re contemplating taking this franchise opportunity, you should send an enquiry and request further information. It’s easily done – fill out this form and submit it. It’ll take just seconds.