FORMONIX GROUP

Area Requirement 600 - 1200 Sq.ft
Investment Size INR 10 Lac - 20 Lac
Franchise Outlets 20-50

Business Detail

Welcome to Formonix Bazaar - Your Ultimate E-Commerce Destination at Formonix Bazaar, we're more than just an e-commerce website; we're a haven for all your shopping desires.

As a proud unit of the Formonix Group, we're driven by a commitment to excellence, quality, and customer satisfaction. Managed by S. V. Tripathi, we bring you a seamless online shopping experience that caters to all aspects of your life.

Investment Detail

Commenced Operations

Operations Commenced On 2023

Franchising / Distribution Commenced On 2023

Franchise Details

UNITS

Location Store wise

TRADE PARTNERS

TRADE PARTNER - 1

TYPES OF CHANNELS 5

INVESTMENT (IF ANY)Rs. 10lakh - 20lakh

MARGIN / COMMISSIONS 3%

AREA REQUIREMENT NIL

Expansion Locations

North

South

East

West

Central

Bihar, Jharkhand

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 3%

Payback Period 1-5 Years

Any Other Requirements 1500000

Property Details

Type of property required for this franchise opportunity Domestic

Area Requirement 600 - 1200 Sq.ft

Preferred location of unit franchise outlet Main Road

TRAINING DETAILS

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is term renewable? Yes