Iqonica is a one-stop supermarket chain that aims to offer customers a wide range of basic home and personal products under one roof. Our core objective is to offer customers good products at great value. Supermarkets can never put your business in loss, since the frequency of buying grocery and other daily needs is quite high. All you require is a very pleasing surrounding with all the items a customer will look for. Supermarkets are appreciated for the availability of all the items under one umbrella. Now, it’s you who should make this situation exist in your supermarket.
Operations Commenced On 2019
Franchise Commenced On 2020
Investment INR 2lakh - 5lakh
Franchise/Brand Fee INR 5000
Royalty/Commission 30 %
Anticipated percentage return on investment 10 %
Likely pay back period of capital for a Unit Franchise 6-10 Months
Other investment requirements Setup Cost
Haryana, Himachal Pradesh, Jammu and Kashmir, Delhi, Punjab, Uttaranchal, Uttar Pradesh
Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana
Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal
Goa, Gujarat, Maharashtra, Rajasthan
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh
Chandigarh, Daman and Diu, Lakshadweep, Pondicherry, Andaman and Nicobar
Type of property required for this franchise opportunity Commercial
Floor area requirement 1500 - 10000 Sq.ft
Preferred location of unit franchise outlet Prime area
Detailed operating manuals for franchisees Yes
Franchisee training location Franchise Location
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? 5 Years
Is the term renewable? Yes
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