Park Avenue Franchise
Raymond Lifestyle's men's formal-wear brand; 109 stores on Raymond's locator (Oct 2026); franchise not confirmed, terms not published (our est. ₹50–90 L*).
We couldn't confirm Park Avenue is taking franchisees right now
Treat this as research, not an open offer, until the brand confirms its programme in writing. See the note below.
About This Listing
Park Avenue does not publish a franchise programme. Neither its own website nor its owner Raymond Lifestyle's website has a Park Avenue franchise page or terms; Raymond Lifestyle's site has only a generic partnership page covering all its businesses, with no brand named and no terms, and its investor material says The Raymond Shop stores are mostly franchise-run without saying how Park Avenue's own stores are run. Treat any Park Avenue franchise offer as unconfirmed until Raymond Lifestyle states its terms in writing.
Source: Park Avenue and Raymond Lifestyle websites; Raymond Lifestyle Q1 FY27 investor deck, checked Oct 2026
Park Avenue franchise at a glance (terms checked Oct 2026)
Investment
Not published
The brand doesn't publish its investment
Ongoing take
Not published
Franchise fee
Not published
Payback
Not published
- Disputes with franchisees: None found (records checked Oct 2026)
- Company standing: Active and up to date with the registrar
- Outlet claim matches reality: Claims 75, locator lists 109
Outlets
109 verified
Brand claims 75
What we couldn't verify
- • Outlet closures
- • Franchisee satisfaction
- • Profit or loss
- • Revenue trend
Ask before you sign
- Get written confirmation that Park Avenue is taking franchisees at all before paying anything — see the note at the top of this page.
- Get a written, itemised cost breakdown — the brand hasn't published one.
- Ask for the one-time franchise fee in writing, and whether any part is refundable.
Franchise terms checked against Raymond Lifestyle's 'Partner with us' page (no Park Avenue franchise page) on 12 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.
Reputation & News
3 red flags to checkWhat the press, courts and real franchisees or customers have said about Park Avenue — summarised by us, with every source linked.
- In the news· Aug 2026
Raymond's exclusive-store network is shrinking
Raymond Lifestyle's investor decks show exclusive brand outlets (Raymond RTW, Park Avenue, ColorPlus, Ethnix) falling from 537 (Mar 2025) to 495 (Mar 2026) and 463 (Jun 2026); it exited 133 underperforming stores and opened 85 in the year to Jun 2026. Park Avenue's own count is not given.
Source: Raymond Lifestyle Q1 FY27 investor deck (the brand's own site) - In the news· May 2026
Branded Apparel profit fell in FY26
The Branded Apparel segment, which includes Park Avenue, grew income 14% to ₹1,812 Cr in FY26, but EBITDA fell 17% to ₹98 Cr and the margin slipped from 7.4% to 5.4%.
Source: Raymond Lifestyle Q4 FY26 investor deck (the brand's own site) - In the news· Aug 2026
Group net loss in Q1 FY27; Branded Apparel EBITDA down 33%
Raymond Lifestyle reported a consolidated net loss of ₹23 Cr for Apr–Jun 2026 (₹20 Cr loss in the same quarter of 2025) on total income of ₹1,560 Cr (+6%). Branded Apparel revenue rose 4% to ₹349 Cr but its EBITDA fell 33% to ₹18 Cr (margin 5.1% vs 7.8%).
Source: Raymond Lifestyle Q1 FY27 investor deck (the brand's own site) - Customer view· Oct 2026
29 Raymond complaints on ConsumerComplaints.in, a few about Park Avenue
The site lists 29 user complaints about Raymond from 2009 to Jul 2025 (refunds, stitching, service, product quality); three concern Park Avenue products (belt buckles, a peeling belt, an exchange). Unverified user posts.
Source: ConsumerComplaints.in
Show 2 moreShow fewer
- In the news· Jul 2018
2018 plan: 100 Park Avenue stores by 2020
Apparel Resources reported in Jul 2018 that Park Avenue would open 100 new stores by 2020, including an overseas store in Sharjah. Raymond's locator lists 109 Park Avenue stores in Oct 2026.
Source: Apparel Resources - employee_opinion· Oct 2026★ 4.2/5 · 2,200 ratings
Raymond Lifestyle rated 4.2/5 by employees on AmbitionBox
Raymond Lifestyle Limited is rated 4.2 out of 5 from about 2,200 reviews; promotions and appraisal is its lowest-rated area (3.2).
Source: AmbitionBox
Legal & Contract Summary
Key contract terms at a glance — read before you sign.
Agreement Type
Not specifiedContract Duration
—Renewal Available
—Territory Exclusivity
—Non-Compete Clause
—Exit Clause
—About the Brand
Brand USP
Raymond's formal menswear label since 1986, sold through exclusive brand stores, The Raymond Shop network and multi-brand retail.
Why invest in Park Avenue?
Park Avenue by the Numbers
Source marked on each figure75+
Stores · Undated About page, live Oct 2026
Brand claim109 (108 distinct addresses)
Stores on Raymond's brand-store locator · Oct 2026
Store locatorFY26 income ₹1,812 Cr (+14%), EBITDA ₹98 Cr (−17%), margin 5.4%
Branded Apparel segment (Park Avenue, ColorPlus, Parx, Raymond RTW) · FY26
Company filingover 90%
Share of The Raymond Shop stores on the franchise-owned (FOFO) model · Jun 2026
Brand claimPark Avenue Outlet Network
| Year | Opened | Closed | Transferred | Net |
|---|---|---|---|---|
| Underperforming stores exited across Raymond Lifestyle's network, Jun 2025–Jun 2026 (85 opened; net 48 fewer) | — | 133 | — | — |
| Net exclusive-store (EBO) closures in Branded Apparel (Park Avenue, ColorPlus, Raymond RTW, Parx), as of Jun 2026 (down 9% year on year) | — | 34 | — | — |
By format · Oct 2026
- The Raymond Shop (TRS) outlets, for comparison1,112
- Exclusive brand outlets, all Raymond apparel brands (RRTW, Park Avenue, ColorPlus, Ethnix)537
- Exclusive brand outlets, all Raymond apparel brands (RRTW, Park Avenue, ColorPlus, Ethnix)495
- Exclusive brand outlets, all Raymond apparel brands (RRTW, Park Avenue, ColorPlus, Ethnix)463
- Park Avenue stores on Raymond's brand-store locator109
Cities with Outlets
Show all 60 citiesHide the city list
Company Financials
Parent / group levelThese figures are for Raymond Lifestyle Ltd (Raymond Group), not this brand alone — separate from what a single franchise outlet earns.
Revenue (FY26)
₹7034 Cr
Net profit (FY26)
₹46 Cr
Employees (Mar 2026 (Raymond Lifestyle Ltd, via Tracxn))
4,598
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Health Check
What Park Avenue's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.
- Status with the registrar
- Active
- Last AGM
- 4 Aug 2025
- Pending cases against it
- 0
- Pending cases it filed
- 1
- Paid-up capital
- ₹12.18 Cr
Group companies
- Raymond Luxury Cottons LtdSubsidiary · 100%
- Celebrations Apparel LtdSubsidiary · 100%
- Silver Spark Apparel LtdSubsidiary · 100%
- Ray Global Consumer Products LtdSubsidiary · 100%
- Raymond (Europe) LtdSubsidiary · 100%
- TCS Group Holding PlcSubsidiary · 100%
Source: MCA records via Tracxn; Raymond Lifestyle investor decks Q4 FY26 and Q1 FY27 (checked Oct 2026)
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
Park Avenue Financials Over Time
Figures for the parent company, from filed or reported accounts.
Source: Raymond Lifestyle consolidated, Q4 FY26 investor deck (total income; net profit after exceptional items)
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Profile
The legal entity behind the brand, its leadership, and its official channels.
- Registered name
- Raymond Lifestyle Limited
- Company type
- Public Limited Company (listed)
- CIN
- L74999MH2018PLC316288
- Incorporated
- 25 Oct 2018 (as Raymond Consumer Care Ltd)
- Headquarters
- Thane West, Maharashtra (Park Avenue contact address, J K Gram); Raymond Lifestyle's registered office is in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra
Leadership
- SSatyaki GhoshWhole-time Director and CEO, Raymond Lifestyle Ltd (per its investor deck)
Company details source: MCA records via Tracxn
Park Avenue Timeline
1986
Park Avenue launched by Raymond
Per Park Avenue's About page.
2007
Women's wear added
Western formal attire for women, per the About page.
Jul 2018
Plan to open 100 new Park Avenue stores by 2020
Apparel Resources reported Raymond's plan to double Park Avenue's store count with 100 new stores by 2020, including a first overseas store in Sharjah.
SourceMar 2025
537 exclusive brand outlets across Raymond's apparel brands
Investor deck figure for all EBOs (RRTW, Park Avenue, ColorPlus, Ethnix).
Jun 2026
Exclusive brand outlets down to 463
Raymond Lifestyle says it exited 133 underperforming stores and opened 85 in the year to Jun 2026.
FranchiseChuno Analysis
Our analysis of verified dataHow Park Avenue looks once the numbers are checked side by side.
- ✓The franchisor company is profitableIts latest filed accounts show a net profit. That's the franchisor's money, not yours: a profitable franchisor doesn't mean its franchisees make money. Check real outlet numbers before you invest.
- ✓Brand operating for 40 yearsFounded in 1986. The brand doesn't state when franchising began.
- ✓Outlet claim matches its store locator109 outlets on its own store locator (Oct 2026 (Raymond brand-store locator; 108 distinct addresses)), in line with the 75 it claims.
Data completeness
45%
- ✓ Terms checked against the brand's own page
- ○ Published investment (not an estimate)
- ○ Franchise fee
- ○ Royalty
- ○ ROI or payback claim
- ○ Agreement term
- ○ Training details
- ✓ Outlet cities verified
- ✓ Company financials
- ✓ Legal entity
- ✓ News & public opinion checked
Ask Before You Sign
Questions tailored to what Park Avenue does and doesn't publish.
- 1Get written confirmation that Park Avenue is taking franchisees at all before paying anything — see the note at the top of this page.
- 2Get a written, itemised cost breakdown — the brand hasn't published one.
- 3Ask for the one-time franchise fee in writing, and whether any part is refundable.
- 4Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
- 5Ask for the agreement term, renewal fee and exit or transfer terms.
- 6Ask whether you get an exclusive territory, and how large it is.
- 7Have a lawyer review the franchise agreement before paying anything.
- 8Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
—
Staff Needed
—
Setup Time
—
Owner Involvement
—
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
What Park Avenue franchisees say
We haven't yet heard from enough Park Avenue franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
I run a Park Avenue outlet — share how it went
