Category
  • Advertisement & Media
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  • Dealers & Distributors
  • Education
  • Entertainment
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  • Food And Beverage
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  • Retail
Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
  • Rs. 50lac - 1 Cr.
  • Rs. 1 Cr. - 2 Cr
  • Rs. 2 Cr. - 5 Cr
  • Rs. 5 Cr. Above
Location
  • Andhra Pradesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Daman & Diu
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu & Kashmir
  • Jharkhand
  • Karnataka
  • Kerala
  • Lakshadweep
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • New Delhi
  • Orissa
  • Pondicherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Tripura
  • Uttaranchal
  • Uttar Pradesh
  • West Bengal
  • Telangana
KB-Fair Price

KB-Fair Price

Category: Department And Convenience Stores
No. of Franchise Outlets: 1
Area Req: 600 sq ft-900 sq ft
Investment: Rs. 20lac - Rs. 30lac
Business Details
KB's Fairprice is a chain of Neighborhood Convenience Stores, and is a part of Future Group, India's largest retailing organization.

We operate 170 stores across three cities, Delhi, Mumbai and Bengaluru.

The stores operate over an average of 800 sq. ft. of carpet area and are located in neighborhood, markets, near railway or metro station, large bus stations etc. Fresh fruits and vegetables, staples and grocery item, processed foods, home care, personal care and general merchandise are some of the item categories that are stocked in the stores. Each store typically carries 1200 to 1300 unique items.

KB's Fairprice has now established itself as one of the primary shopping options for daily necessities in its catchment. We are confident that the offering is unique, profitable and exciting for our customers.

We are therefore ready to partner with like minded entrepreneurs to help us reach this unique offering to a larger set of customers.

What does the franchisee receive from KB's FairPrice?

A comprehensive 9-day training programme on how to operate and manage a KB's FairPrice store.
A relationship manager will visit the store weekly to provide counsel on every aspect of the business.
Monthly financial records prepared by KB's FairPrice, including Profit & Loss statements, balance sheets, etc. will be shared.
A quarterly franchise meeting giving franchisees a voice in issues of interest.
Various forms of advertising and marketing campaigns, ranging from broadcast and print media to point-of-sales signage.
Full product and services range with supply chain with pre-determined retail and cost pricing. Point-of sales system and integrated ordering and receiving systems are available for every franchisee.
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KB-Fair Price Investment Details

Commenced Dates
Date Commenced Operations
2007
Date Commenced Frachising / Distribution
2011
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 20lac - 30lac
1,00,000
Expansion Locations
North
New Delhi 
South
 
East
 
West
 
Center
 
Union Territories
 
Franchise Details (Optional)
Want to expand
Nationwide
Exclusive territorial rights to a unit
Yes
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
Likely pay back period of capital for a unit franchise
6 months
Other investment requirements
No

KB-Fair Price Property Details

Type of property required for this franchise opportunity
Ground Floor/Residential /Highstreet Area
Floor area requirement
600 sq ft-900 sq ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet
Delhi and Northern Region

KB-Fair Price Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
Delhi
Is field assistance available for franchisee?
Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise?
Yes
What IT systems do you presently have that will be included in the franchise?
Yes

KB-Fair Price Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
5 years
Is the term renewable?
Yes
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KB-FairPrice
  • Investor
  • Franchisor
  • rememberMe
  • Investor
  • Franchisor
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