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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:
The GruBox Experience:
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:
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.
Operations Commenced On 2017
Franchise Commenced On 2018
Investment INR 10lakh - 20lakh
Franchise/Brand Fee INR 50000
Royalty/Commission 5 %
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
Haryana, Delhi, Uttar Pradesh
Karnataka, Telangana
- NA -
Maharashtra
- NA -
- NA -
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
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 Years
Is the term renewable? Yes
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