Fastrack, hub for fashion accessories, is expecting to expand its presence through franchise network across India. The brand currently operating 137 stores, of which 128 are franchise stores. The number of stores is expected to go up to 250 by the end of 2014.
For opening the company’s franchise outlet, a prospective franchisee will require an investment of Rs 30 lakh and an average area of 500-700 sq.ft. Fastrack has recently launched its company-owned flagship retail store in Bangalore. Fastrack started its entrepreneurial journey in 1998 as a sub-brand of Titan and was later spun off as an independent entity in 2005 targeting the urban youth.