Iqonica Super Mart

Area Requirement 1500 - 10000 Sq.ft
Investment Size INR 2 Lac - 5 Lac
Franchise Outlets Less than 10

Business Detail

Iqonica is a one-stop supermarket chain that aims to offer customers a wide range of basic home and personal products under one roof. Our core objective is to offer customers good products at great value.Supermarkets can never put your business in loss, since the frequency of buying grocery and other daily needs is quite high. All you require is a very pleasing surrounding with all the items a customer will look for. Supermarkets are appreciated for the availability of all the items under one umbrella. Now, its you who should make this situation exist in your supermarket.

Investment Detail

Commenced Operations

Operations Commenced On 2019

Franchising / Distribution Commenced On 2020

Franchise Details

UNITS

Location Store wise

Investment INR 2lakh - 5lakh

Franchise/Brand Fee INR 5000

Royalty/Commission 30 %

Expansion Locations

North

Haryana, Himachal Pradesh, Jammu and Kashmir, Delhi, Punjab, Uttaranchal, Uttar Pradesh

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana

East

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

UNION TERRITORIES

Chandigarh, Daman and Diu, Lakshadweep, Pondicherry, Andaman and Nicobar

Franchise Details

Anticipated percentage return on investment 10%

Payback Period 6-10 Months

Any Other Requirements Setup Cost

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 1500 - 10000 Sq.ft

Preferred location of unit franchise outlet Prime area

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Franchise Location

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