Spring Lake Mart

Area Requirement 1200 - 2500 Sq.ft
Investment Size INR 20 Lac - 30 Lac
Franchise Outlets Less than 10

Business Detail

About Us:

Spring Lake Mart is a supermarket chain primarily focusing small-format stores (800 1500 sq.ft.) with primary product range being grocery, personal care and regular household items.

We aim to take organised retail (Food Grocery) to even Tier 3 4 towns with our asset-light business model.

Spring Lake Mart uses technology extensively to enhance in-store shopping experience while aiming to move most of the business to home delivery for improving ROI on investment/ space.

Investment Detail

Commenced Operations

Operations Commenced On 2020

Franchising / Distribution Commenced On 2020

Franchise Details

UNITS

Location Store wise

Investment INR 20lakh - 30lakh

Franchise/Brand Fee INR 300000

Royalty/Commission 10 %

Expansion Locations

North

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

South

East

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar

UNION TERRITORIES

Franchise Details

Anticipated percentage return on investment 35%

Payback Period 1-2 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 1200 - 2500 Sq.ft

TRAINING DETAILS

Franchisee training location Franchisor Premises

AGREEMENT & TERM DETAILS

How long is the franchise term for? 1 Year