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GruBox

Mobile Commerce GruBox Franchise Cost – How to get, Contact, Apply, Fee

  • 100 - 200 Sq.ft
    Area Req
  • INR 10 Lakh - 20 Lakh
    Investment Size
  • 100-200
    No. Of Franchise Outlets
  • 2017
    Establishment Year

About brand - GruBox

GruBox: Revolutionizing Retail with Smart Cloud Vending Machines

GruBox is a transformative force in the retail landscape, particularly in the vending machine space. Combining cutting-edge technology, machine learning, cloud infrastructure, and app-based interfaces, GruBox offers a streamlined, 24/7 solution for customers to access snacks and beverages across India. Established by alumni from IIT Kanpur and ISB Hyderabad, the company has quickly become a frontrunner in the Indian market, backed by visionary investors like Bee next and Pravega Ventures.

The GruBox Concept

GruBox’s innovative approach allows users to access snacks and beverages anytime, anywhere, by utilizing advanced cloud-based vending machines. The company has grown to offer products from over 300 brands and has processed more than 200,000 transactions. GruBox's model provides a seamless experience for consumers, blending convenience, technology, and smart design to cater to the evolving demands of the retail market.

Key Features of GruBox:

  • 24/7 Availability: GruBox machines are accessible round-the-clock, ensuring that users can satisfy their cravings any time, especially in places where traditional retail options are unavailable.
  • Powered by Smart Technology: Each machine uses machine learning algorithms to analyze user behavior and preferences. This ensures that the product selection is relevant, inventory is optimized, and consumer experiences are personalized.
  • Cloud Analytics: GruBox’s cloud infrastructure supports real-time machine monitoring and management, allowing for quick adjustments to stock and functionality. This technology also enables the company to introduce new features, ensuring the system remains adaptable.
  • App-Based User Interface: The GruBox app provides an intuitive interface for browsing available products, making purchases, and receiving recommendations based on user history. Additionally, users can check stock availability, machine locations, and transaction history.
  • Proprietary Supply Chain Management: GruBox’s smart supply chain system ensures that machines are stocked based on real-time demand, reducing the risk of stockouts. It also offers real-time controls for monitoring machine operations, minimizing downtime.

The GruBox Experience:

  • Innovation in Retail: GruBox introduces a modern and technology-driven retail experience, making it one of the first players to fully integrate IoT, machine learning, and cloud technology in vending solutions.
  • Personalization: By leveraging data analytics, GruBox tailors product recommendations to individual tastes and consumption patterns, enhancing user satisfaction.
  • Efficiency and Reliability: GruBox’s proprietary system optimizes machine maintenance and restocking, ensuring high service levels and uninterrupted availability of products.
  • Seamless Transactions: With the GruBox app, users can quickly select and purchase items with a single tap, simplifying the process.
  • 24/7 Accessibility: GruBox machines operate round the clock, providing consumers with access to high-quality snacks and beverages at any time, eliminating the need for traditional retail hours.

Franchise Opportunity:

GruBox is expanding its reach through a robust franchise model, offering investors an opportunity to be part of this innovative venture. Below are the key franchise details:

  • Cost: 10 lakh - 20 lakh
  • Franchise/Brand Fee: 50,000
  • Royalty/Commission: 5% of the revenue
  • Return on Investment (ROI): 100% (within 1-2 years)
  • Payback Period: 1-2 years
  • Floor Area Requirements: 100 - 200 sq. ft.

GruBox's unique blend of technology, convenience, and innovation is reshaping the vending machine market in India. The company’s focus on 24/7 accessibility, personalized user experiences, and cloud-based management systems make it a game-changer in the retail industry. For investors, the franchise model offers a low-risk, high-return opportunity to tap into this burgeoning sector. GruBox's success and growth trajectory point to an exciting future as it continues to revolutionize retail with its smart vending solutions.

GruBox Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2017

Franchise Commenced On 2018

Franchise Details
Units

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 50000

Royalty/Commission 5 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 100 %

Likely pay back period of capital for a Unit Franchise 1-2 Years

Other investment requirements no

GruBox Expansion Plans

North

Haryana, Delhi, Uttar Pradesh

South

Karnataka, Telangana

East

- NA -

West

Maharashtra

Central

- NA -

Union Territories

- NA -

 

Tags: Retail Business Franchise in Haryana   |   Retail Business Franchise in Karnataka   |   Retail Business Franchise in Maharashtra   |   Retail Business Franchise in Delhi   |   Show more...

GruBox Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 100 - 200 Sq.ft

Preferred location of unit franchise outlet Residential society, office buildings, commercial spaces

GruBox Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location New Delhi

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

GruBox Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get GruBox Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about GruBox franchise, you can fill up the application form provided on the website and get all the details viz. GruBox franchise fee, GruBox franchise cost, GruBox apply process and more.

Interested in GruBox Franchise? Apply here

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