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Adidas Franchise Review
Adidas was founded by Adolf “Adi” Dassler, in 1948. It is based in Herzogenaurach, Germany. It is a German sportswear manufacturer and a parent company of the Adidas Group which consists of Rockport, Reebok Sportswear Company and Golf Company (including Ashworth).
In addition to sports shoes, the company also manufactures other products such as shirts, glasses, bags, watches and other sports products. After Nike (American company), Adidas is the second largest manufacturer of sportswear. The company is the largest sportswear manufacturer in Europe.
The company’s shoe designs and apparel feature three parallel bars, and the same design is integrated into Adidas’ current official logo. The “Three Stripes” were purchased in 1951 by the Finnish sports company Karhu Sports. The first low-cut, light and soft soccer shoe incorporated with nylon studs was designed by the company in 1954. This shoe was specially designed for the German team of the world championship of that year. Wilma Rudolph suffered from polio as a child; in 1960 he wore Adidas short distance spikes and won 3 gold medals during the Olympic Games. In 1972, the company designed an extremely soft and light football boot for Franz Beckenbauer. This shoe was created for the European Championship.
The company designed long distance spikes for Haile Gebrselassie (10,000 meters gold medal winner) in 1996. In 2000, the company developed revolutionary products based on the concept of energy management for 6 sports; cycling, swimming, fencing, track and field, wrestling and weightlifting. Ian Thorpe (17-year-old national hero) became star of the Sydney Olympics setting 4 world records and winning 3 gold medals, he wore the Adidas one-piece swimsuit.
The company strives to be the global leader in the sporting goods industry through sports brands built on a passion for sports lifestyle and sport. The Adidas group has been part of the world of sports for more than 80 years. The company provided top-of-the-line footwear, accessories and sportswear. The products of this group are available in almost all countries of the world. The strength of the company is simple; they continuously strengthen their products and brands to improve financial performance and their animated position. Adidas is one of the biggest players in the manufacture of comfortable, soft and light sports shoes, clothes and accessories.
Franchise cost:
- Single unit – $109,634
- Area required – 1000 – 1500 sq feet
- The training program for the franchisee is carried out by the franchisor
- Franchisor helps franchisees in the selection of the site
- Advertising/Marketing – Sales promotion and advertising will be done mutually
Of course, when you are looking to start a business, it is important, especially considering today’s market, that you look for specific ways to cut minimize or reduce overhead and risk. Every business will have risk, but it is important to have a complete understanding of the amount of the investment, the startup cost and “Return on Investment”.
Most people don’t know that 80% of ALL franchise efforts fail within the first two to five years, leaving large debts looming for years afterward.
Despite this Adidas franchise review, one way and in my opinion the best way to cut overhead, startup and investment costs is to take advantage of the new era of entrepreneurship and start a business from the comfort of your house Opportunities are emerging in the online market that are creating millionaires every day.
Learn more about the exciting opportunities related to a profitable business model by visiting: http://whatsbetterthanafranchise.com.
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