How to Start An Online Grocery Business Franchise?
How to Start An Online Grocery Business Franchise?
Our generation is completely reliant on technology for practically everything. It has altered our way of life and how we interact with one another. Our changing lifestyle has a significant impact on our everyday requirements. So, why should food shopping be skipped?
To be honest, a few years ago, the only thing we did on weekends was going to the grocery store. It was made worse by the long charging lines. But, as time and technology passed, things changed for the better. The e-commerce business is to thank for the creation of online grocery stores.
The online grocery store industry is flourishing in India, thanks to an increasing number of consumers who prefer the ease of shopping for groceries online using their smartphones. It’s a movement fueled mostly by huge, pan-India corporate companies with deep pockets, such as Big Bazaar, Grofers, and, more lately, Amazon.
However, this internet business provides numerous potential for smaller, individual players that want to open their own online grocery shop to serve a more localized customer base.
How To Start Online Grocery Business Franchise in India?
India has a wide range of grocery businesses that offer franchises to people who are looking forward to establishing their business with an online grocery business franchise. Some of them are Grofers, Big Bazaar, and Hyper Supermarket.
With a network of 5000 partner stores enabling fast grocery delivery and a lean supply chain, catering to customers in 27+ cities and delivering over 25 million products to consumers every month, India’s largest low-cost online supermarket in the grocery space is looking to expand its operations through offline grocery stores. Grofers is an Indian online grocery delivery service that was founded in December 2013. It just raised $535.5 million in funding from notable investors such as Sequoia Capital, SoftBank, and Tiger Global.
The key benefit of having a Grofers retail store is the previously established brand name, as well as the reputation and loyalty that would accrue to your business as a result of its wide range of items and affiliation with over 5000 brands. It also offers a diverse product line at competitive costs, as well as bulk discounts that may now be enjoyed without having to wait for delivery.
Requirements
Assistance provided by Grofers
Investment
Funds needed: ₹30-₹40 lakhs (setup costs + brand fee + working capital)
How to apply for a Grofers franchise
Send an email to the Grofers franchise executives at the address listed on their website, together with your contact information and a request to purchase one of their franchises. You can also contact the Grofers franchise (zonal) offices with your question and details, and they will get back to you as soon as possible.
The Big Bazaar franchise is a huge success story. In addition, the organization promises product commissions as well as a personal part of revenues in addition to individual earnings. For a variety of reasons, the Big Bazaar franchise has been a huge success. One of the reasons you should want to purchase a Big Bazaar franchise is this.
With sub-networks like Heritage Fresh shops and Easy Day, Big Bazaar is expanding its network. The corporation is considering expanding its business potential to 10,000 locations. The plan is to increase sales by placing a Big Bazaar store within a two-kilometer radius of every two-kilometer radius in urban India.
Legal Aspects
You’ll need various permits and agreements in addition to the money. Before finalizing the final contract, the corporation needs its franchisors to have a cream location. You must review and sign all legal paperwork, as well as reach an agreement with the father firm.
Training
They guide inexperienced employees, assist clients, and take command of the floor. Every aspect of the store will be managed by experienced employees.
Investment
The setup charges are 5 lakh rupees and additional 5 lakhs as a refundable security deposit.
How to apply for a Big Bazaar franchise
Visit Big bazaar’s official website. Fill out the franchise application. Make sure you fill in all of the blanks with accurate information. Fill out the online application form. Finally, wait for corporate personnel to contact you via phone or email.
Hypermarket is an online grocery store chain that operates in India’s supermarket industry. It operates approximately 34 locations in India under the FOCO and FOFO brands. It has the availability of 20000 products with 1500 brands. Having both an online and offline presence, Hyper Supermarket has customized products according to Indian consumer needs.
Area Requirements
Franchise Fees
Instore and Stock Investment
Revenue in Hyper Supermarket Franchise