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Big Lots India has been a prominent player in the retail market since 2017, offering premium cleaning essentials in bulk at unbeatable prices. The brand is known for providing high-quality products for home, kitchen, and bathroom care, making it a go-to option for consumers seeking deep savings without compromising on quality. With a strong emphasis on cleanliness and convenience, Big Lots positions itself as a trusted provider that helps customers maintain spotless, fresh, and inviting spaces.
For potential franchisees, Big Lots India presents a lucrative opportunity to tap into the growing demand for cleaning products, especially with bulk buying becoming increasingly popular among households and businesses alike. By partnering with Big Lots, franchisees can benefit from the brand’s established reputation and proven business model, which has proven successful in offering a wide range of cleaning essentials.
Franchise Offer
The investment required to start a Big Lots franchise ranges between Rs. 50 lac and 1 Cr., making it a feasible option for entrepreneurs looking to enter the retail space with a significant but manageable investment. Additionally, the franchise fee is Rs. 1,000,000, and franchisees can earn a 10% commission on sales, which represents a direct income stream based on performance.
Return on Investment (ROI) and Payback Period
One of the key attractions of a Big Lots franchise is the potential for 30% ROI, offering a promising return on investment for franchisees willing to operate their unit efficiently. With the right management, the franchise model suggests a payback period of 5-7 years, meaning that the capital invested could be recovered within this timeframe. This relatively short payback period makes it an appealing opportunity for entrepreneurs who are seeking steady and reliable returns.
Floor Area Requirements
To operate a Big Lots franchise, you will need a retail space between 1,000 to 3,500 square feet. The larger space requirements ensure that franchisees can carry a wide variety of products, attract a steady stream of customers, and create a pleasant shopping experience that aligns with the brand’s promise of cleanliness and quality.
Why Choose Big Lots India?
With a focus on bulk purchases and premium cleaning products, Big Lots India taps into a market that is both essential and growing, ensuring that franchisees have access to products in high demand. Coupled with a strong brand presence, attractive ROI, and a reasonable payback period, opening a Big Lots franchise offers an exciting business opportunity in the retail sector.
Operations Commenced On 2017
Franchise Commenced On 2019
Investment INR 50lakh - 1 Cr.
Franchise/Brand Fee INR 1000000
Royalty/Commission 10 %
Country Wise
Investment INR 50lakh - 1 Cr.
Unit/Brand Fee INR 1000000
Master/Brand Fee INR 4000000
Royalty/Commission 10 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 30 %
Likely pay back period of capital for a Unit Franchise 5-7 Years
Haryana, Delhi
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Chandigarh
Type of property required for this franchise opportunity Commercial
Floor area requirement 1000 - 3500 Sq.ft
Preferred location of unit franchise outlet City Market
Detailed operating manuals for franchisees Yes
Franchisee training location Plot n.o 9 DHL Square IT Park sec 22 pkl
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? Lifetime
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.
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