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Biglots India Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    1000 - 3500 Sq.ft
  • Investment Range
    INR 50 Lakh - 1 Cr
  • No. Of Franchise Outlets
    Less than 10

About brand - Biglots India

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.

Biglots India Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2017

Franchise Commenced On 2019

Franchise Details
Units

Investment INR 50lakh - 1 Cr.

Franchise/Brand Fee INR 1000000

Royalty/Commission 10 %

Master / Multi Units

Country Wise

Investment INR 50lakh - 1 Cr.

Unit/Brand Fee INR 1000000

Master/Brand Fee INR 4000000

Royalty/Commission 10 %

Details

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

Biglots India Expansion Plans

North

Haryana, Delhi

South

- NA -

East

- NA -

West

- NA -

Central

- NA -

Union Territories

Chandigarh

 

Tags: Retail Business Franchise in Chandigarh   |   Retail Business Franchise in Haryana   |   Show more...

Biglots India Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 1000 - 3500 Sq.ft

Preferred location of unit franchise outlet City Market

Biglots India Franchise Training

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

Biglots India Franchise Agreement Details

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.

How to get Biglots India 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 Biglots India franchise, you can fill up the application form provided on the website and get all the details viz. Biglots India franchise fee, Biglots India franchise cost, Biglots India apply process and more.

Interested in Biglots India Franchise? Apply here

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