THIS comprehensive article is going to highlight information for those folks who are looking towards opening a Lululemon franchise in their localities
Q: Hello! my name is Nick Dorrington and i live in Yarmouth Nova Scotia, Canada. I am eager to open a Lululemon franchise unit in my province, so i would like to get the complete information for my following questions:
- What is the procedure to open a Lululemon franchise unit?
- How much startup cost & fees does it involve to own a Lululemon franchise?
A: Hi! Nick Dorrington. As you may know that Lululemon is very popular in making athletic clothes for yoga, running, work outs and other sweaty pursuits. The company makes a range of athletic wear that includes performance shirts, shorts, and pants, lifestyle apparel and yoga accessories.
Back in 1998 Chip Wilson laid down the foundation of company at Vancouver, Canada and in 2001, Lululemon started selling yoga wear. Lululemon at present owns more than 90 stores, out of which 40 stores operate in Canada, 38 stores in United States and near around 8 stores in Australia.
There are no franchising opportunities made available by Lululemon as of now as the company is focused on continuing its expansion through corporate stores only. You can yourself verify the franchising details by visiting their official website – Lululemon.com
FRANCHISE COST AND FEES
Total initial franchise startup cost to open a Lululemon franchise unit: NA
Total initial franchise fees to own a Lululemon franchise unit in your area: NA
Total Liquid Capital required for opening a Lululemon Franchise unit: NA