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Fortune Mart

Grocery Stores Fortune Mart Franchise Cost – How to get, Contact, Apply, Fee

  • Fortune Mart
  • Fortune Mart
  • Fortune Mart
  • 400 - 800 Sq.ft
    Area Req
  • INR 5 Lakh - 10 Lakh
    Investment Size
  • 20-50
    No. Of Franchise Outlets
  • 2020
    Establishment Year

About brand - Fortune Mart

Fortune Mart Expansion and Franchise Details

Fortune, a leading name in India's edible oil sector, is accelerating its growth trajectory with the launch of Fortune Mart—its flagship franchisee stores. These stores will offer a comprehensive range of Fortune products, including edible oils, atta (flour), rice, pulses, sugar, besan (gram flour), sattu (roasted gram flour), soya chunks, suji (semolina), and maida (refined flour) all under one roof. By consolidating these products in a single location, Fortune aims to enhance consumer convenience and leverage its strong brand equity to attract a diverse customer base.

Fortune Mart Offerings:

  • Product Range: A broad spectrum of Fortune products will be available, catering to various customer needs.
  • Attraction Strategies: To ensure a steady stream of customers year-round, Fortune Mart will feature:
    • Combo Deals: Bundled offers for cost savings.
    • Festive Deals: Special promotions aligned with festive seasons.
    • Live Bakery: An in-store bakery offering fresh products.
    • Exclusive Shopping Experience: A unique, immersive shopping environment at dedicated Fortune outlets.

Expansion Success:

  • Fortune Mart has already established 15 outlets across India within a short period, marking the beginning of its ambitious expansion plan.

Franchise Support: Fortune Mart provides comprehensive support to its franchisees, including:

  • Financial Returns: An assured 40% Return on Investment (ROI).
  • Gross Margins: 10% - 12% margin on products, and 50% - 70% margin on bakery items.
  • Operational Support:
    • Salary for one staff member.
    • Combos and discounted offers.
    • Promotional and digital marketing activities.
    • Dedicated company software for billing.
    • Integration with the Fortune Online App.
    • Free live bakery setup valued at Rs. 2.5 lakhs.
    • Direct supply from the company at discounted rates.
    • Store design according to company standards and guidelines.
  • Cost Structure: No royalty fees and no initial franchise fees.

Franchise Requirements:

  • Space: 400 to 800 square feet.
  • Setup Cost: 9 - 12 lakhs.
  • Additional Investment: The cost for setting up a Fortune dealership varies between Rs. 35 lakh to Rs. 40 lakh. This includes:
    • Godown (Storage) Area: 1000 to 1500 square feet for inventory and logistics.
    • Office Area: 100 square feet for administrative tasks.

Flexibility and Accessibility:

  • The investment range allows potential franchisees to align their financial capacity with their business goals. This flexibility makes it feasible for entrepreneurs to embark on this venture according to their resources and strategic vision.

Overall, Fortune Mart presents a promising opportunity for entrepreneurs looking to leverage a strong brand and benefit from extensive franchise support while tapping into India's expansive consumer market.

Fortune Mart Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2020

Franchise Commenced On 2020

Franchise Details
Units

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 000

Master / Multi Units

Country Wise

Investment INR 5lakh - 10lakh

Region Wise

Investment INR 5lakh - 10lakh

State Wise

Investment INR 5lakh - 10lakh

City Wise

Investment INR 5lakh - 10lakh

Details

Exclusive territorial rights to a unit franchisee Yes

Performance guarantee to Unit Franchise Yes

Anticipated percentage return on investment 140 %

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

Other investment requirements Yes. Infrastructure(standardized by AWL), equipments(Computer, product scanner, etc)

Fortune Mart Expansion Plans

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

 

Recent Updates

Tags: Retail Business Franchise in Delhi    Retail Business Franchise in Haryana    Retail Business Franchise in Himachal Pradesh    Retail Business Franchise in Jammu and Kashmir    Retail Business Franchise in Punjab    Retail Business Franchise in Uttarakhand    Retail Business Franchise in Uttar Pradesh    Retail Business Franchise in Gujarat    Retail Business Franchise in Rajasthan    Retail Business Franchise in Maharashtra    Retail Business Franchise in Goa    Retail Business Franchise in Assam    Retail Business Franchise in Meghalaya    Retail Business Franchise in Mizoram    Retail Business Franchise in Tripura    Retail Business Franchise in Arunachal Pradesh    Retail Business Franchise in Manipur    Retail Business Franchise in Nagaland    Retail Business Franchise in West Bengal    Retail Business Franchise in Sikkim    Retail Business Franchise in Odisha    Retail Business Franchise in Kerala    Retail Business Franchise in Karnataka    Retail Business Franchise in Tamil Nadu    Retail Business Franchise in Andhra Pradesh    Retail Business Franchise in Telangana    Retail Business Franchise in Andaman and Nicobar    Retail Business Franchise in Pondicherry    Retail Business Franchise in Chandigarh    Retail Business Franchise in Lakshadweep    Retail Business Franchise in Daman and Diu    Retail Business Franchise in Chhattisgarh    Retail Business Franchise in Madhya Pradesh    Retail Business Franchise in Bihar    Retail Business Franchise in Jharkhand   

Fortune Mart Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 400 - 800 Sq.ft

Preferred location of unit franchise outlet Residential areas

Fortune Mart Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location In the outlet

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

Fortune Mart 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 Fortune Mart 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 Fortune Mart franchise, you can fill up the application form provided on the website and get all the details viz. Fortune Mart franchise fee, Fortune Mart franchise cost, Fortune Mart apply process and more.

Interested in Fortune Mart Franchise? Apply here

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