24Seven is the one-stop-shop for all customer needs, whatever the time of day or night. Customers can find the best global brands on the shelves to meet their daily needs like groceries, snacks, a wide variety of beverages, personal care products, and even Colorbar – our own brand of premium cosmetics. The ready-to-eat food counters feature the best quality of local & international cuisines, made within our very own state-of-the-art central kitchen.
In addition to a wide variety of products, customers can utilize a plethora of in-house services, from instant photo development, bill payments, mobile phone recharges to even purchasing exclusive event tickets & passes and other offerings. 24 Seven believes in being. 24 Seven Convenience Stores can be found illuminating dark streets at over 120 locations across Delhi & NCR, with plans to expand to at least 500 stores across the nation, with the introduction of a franchising model.
24/7 franchise cost: The 24 7 store franchise cost in India commands an investment starting from around INR 50 lakhs onwards. This figure is influenced by several factors, with area size and location being significant determinants. Major cities typically incur higher costs, given the increased demand and exposure in these urban centers. The considerable investment covers essential elements such as proper furniture, necessary equipment for daily operations (including a billing counter, air conditioners, etc.), hiring manpower, and engaging cleaning staff. These operational requirements contribute to the overall cost, ensuring that the store is fully equipped to meet customer needs and deliver a quality experience.
24 seven franchise profit margin: The 24 Seven franchise presents a compelling opportunity, being a well-established brand with a substantial customer base. Its unique business model, as India's first 24-hour convenient store, positions it as a pioneer in the industry. One notable strength of the franchise is the offered profit margin, ranging from 30% to 50%. This is a competitive margin and can be attractive to potential franchisees seeking a lucrative investment. 24 Seven franchise not only aligns with consumer demands for convenience but also offers a promising business model for franchisees looking to tap into the 24-hour retail market in India.
How to open 24/7 store: Established in 2000 by founder Samir Modi, 24 Seven stands as a pioneering force in the Indian retail landscape as one of the first 24-hour convenience store chains in the country. Marketed as a singular retail destination, the brand positioned itself as a comprehensive one-stop shop for daily and general necessities. Offering a curated selection of the best global brands on its shelves, 24 Seven has become a trusted choice for consumers seeking convenience and quality in fulfilling their daily needs. This innovative approach to retail has contributed to the brand's success in meeting the evolving demands of a dynamic and time-sensitive consumer market.
Operations Commenced On 2000
Franchise Commenced On 2008
Investment INR 50lakh - 1 Cr.
Franchise/Brand Fee INR 1000000
Royalty/Commission 10 %
Anticipated percentage return on investment 10 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 1000 - 1200 Sq.ft
Preferred location of unit franchise outlet Pan India
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 1 Year
Is the term renewable? Yes
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