Everyday Mart Franchise Models - FOCO AND FOFO MODELS
Everyday Mart primarily operates in Tech-parks, high-streetlocations and gated communities, providing the modern retail experience. At Everyday Mart stores, we promise to deliver a rewarding shopping experience, authentic and quality products we aim to make the shopping experience quick and hassle-free.
The mission is to provide the best quality products and services at the right price to the customers aiming for a convenient living leading to sustainable profits to the shareholders and fulfilling our responsibility towards the society and environment at Everyday Mart . Through Everyday club and our comprehensive range of brands, including our Power Brands Everyday saving, Everyday quality, Everyday delivery that offer unbeatable value for homemakers, we aim to create customers that keep on returning for more. Moreover
Everyday has created and perfected a franchise system which has proved to be a successful business model, spelling a win-win situation to all partners.
Franchise Model
We have always been pioneers in the industry - be it in promoting 'Retail Stores’ when it was unheard of in the Indian market, to growing through 'Franchisee' networks. We understand that continual training is key to this business.
Be a part of the Worlds's No.1 Fastest Growing Retail chain Brand with investments Starting from 5 Lakhs to 50 Lakhs !
WHY Everyday’S FRANCHISE ?
Role of Franchise :-
Role of Company :-
Investment details are determined on a case to case basis as each location is different. All fees, estimated initial set up costs, operational costs, financial statements, and other valuable information is included in disclosure document. Further investment related requests or queries. For your reference, an outline of start up cost is listed here.
COSTS DUE AT SIGNING FRANCHISE AGREEMENT
|
Expense Type |
Amount |
Method of Payment |
Paid to who? |
|
Initial Franchise Fee |
3,00,000 (Franchise Fee) |
Cheque/DD |
Everyday Mart |
COSTS DUE BEFORE OPENING?
|
Expense Type |
Amount |
Method of Payment |
Paid to who? |
|
Equipment, software & Furniture & Fixture & Shop Interior |
Rs. 1000/Sft |
As Incurred or Leased |
Us, Vendors, contractors & suppliers |
|
Operational Cost |
Rs. 3000/Sft |
As Incurred |
By Company |
|
Opening Inventory(Grocery Products) |
Rs.2000/Sft |
Lump Sum |
Vendors, contractor & suppliers |
COSTS DUE AS INCURRED
|
Expense Type |
Amount |
Method of Payment |
Paid to who? |
|
Travel & Living expense while training in Head Office |
Rs. 25000/- (for 2-4 people) |
As Incurred |
Airlines, hotels and restaurants |
|
Real Estate Improvements/Shop Rent Deposit |
Rs. 40 to 80 / Sft. + 2 to 3 Month Deposit Amount To Landlord |
As Incurred |
Landlord, contractors and suppliers |
|
Software charges Monthly |
Rs. 10000/- |
As Incurred |
Company Will pay Software Charges |
|
Miscellaneous Opening Costs |
Rs. 20000/- |
As Incurred |
Suppliers, utilities etc |
|
Store Manager |
Rs. 10000 to 20000/ month |
As Incurred |
Company Will pay salary to store managaer |
|
Advertising – 3 months |
Rs. 10000/- Per Month |
As Incurred |
Vendors, contractors and suppliers |
|
Additional funds 3 months |
Rs. 120/SFT |
As Incurred |
Hired suppliers, accountants, employees, etc |
|
Opening Assistance training |
Rs. 25000/- |
Demand As Incurred |
Us and grocery stores |
TOTAL INVESTMENT: RS. 6000/ SFT IN SETUP A Mart FRANCHISE FEE WILL BE RS. 300000/-
Everyday Mart is giving FOCO Model Franchise in India with 1% Assured Guaranteed Income on Security Deposit Amount with 10% Commission on Total Monthly Sales. Apply now for franchise.
FOCO MODEL FRANCHISE Everyday Mart- GROCERY MART
|
Expense Type |
Amount |
Method of Payment |
Paid to who? |
|
Franchise Fee |
3,00,000 (Franchise Fee) |
Cheque/DD |
Everyday Mart |
|
Security Deposit |
Amount |
Method of Payment |
Paid to who? |
|
Security Amount (Refundable) |
5000 (Per Sqft) |
Cheque/DD |
Everyday Mart |
|
Profit |
Amount |
Method of Payment |
Paid to who? |
|
Income |
1% Assured Income on Security Deposit Amount |
Cheque/DD |
Franchise Every Month |
|
Income |
10% Sales Commission per month on total monthly Sales |
Cheque/DD |
Franchise Every Month |
|
Income |
Rent Rupees 60 / Square fee per month |
Cheque/DD |
Everyday Mart |
|
Operation Cost |
|
Bear by Company like , Salary , Electricity Bill , Maintance , Water Bill , and Other |
Operations Commenced On 2019
Franchise Commenced On 2020
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 2500000
Royalty/Commission 10 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Likely pay back period of capital for a Unit Franchise 1-1 Years
Other investment requirements No
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 300 - 4000 Sq.ft
Preferred location of unit franchise outlet Commercial Complex, Public Places
Detailed operating manuals for franchisees Yes
Franchisee training location Headquarter-Delhi
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? 5 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.
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