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Organic Products

OPEN THOUGHT RETAIL PRIVATE LIMITED Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    600 - 3000 Sq.ft
  • Investment Range
    INR 20 Lakh - 30 Lakh
  • No. Of Franchise Outlets
    Less than 10

About brand - OPEN THOUGHT RETAIL PRIVATE LIMITED

About Us:

Farmer's Best brings an Organic Super Market Franchise model for you to explore and start a new business!

We are working with several Farmer producer Organisations spanning across the states of Andhra Pradesh, Telangana, Karnataka, Tamilnadu, Kerala, Madhya Pradesh, and Maharashtra. Farmers Best is an initiative to connect farmers with Consumers (F2C) and getting a good price and linking their institutions to markets (B2B).

Today, we are a family of 26 FPO, 30 Organic Certified companies & working with more than 10000 farmers who are certified or in conversion. 

And we bring all other Organic Certified products into one place where consumers can buy for all their home needs.

What do we do?

We work with farmers directly. We help them with better production planning; Organic Methods, crop management; bio-inputs & post-harvest management. To sustain the efforts we facilitate the institution-building of producers. In a small way, we procure agricultural and allied products from the producers’ institutions and pay them the best prices along with premiums because of their concerns for the environment, safe food and the efforts for organic practices.

What do we deal with?

Cereals: RNR Rice, Sonamasuri Rice, Semi-polished Rice, Brown Rice, Red Rice, Wheat & Multigrain Atta, Oats, Quinoa.

Pulses: Masoor, Matki Dal, Rajma, Toor Dal, Black gram, Bengal gram, Horse gram. 

Flours: Whole Wheat, Barley, Sonamasoori, Red rice, Brown rice flour, oats flour, Millet Flours.

Millets: Finger Millet, Foxtail Millet, Sorghum, Pearl Millet, Little Millet, Kodo Millet, Barnyard Millet. 

Spices: Coriander, Jeera, Fenugreek, Bay Leaf, Nutmeg, Ginger, Chillies, turmeric, garlic, onions, cardamom, cinnamon, clove & pepper.

Sweeteners: Brown sugar, Sugarcane Jaggery, Sugarcane Jaggery powder, Palm jaggery & Palm Jaggery powder.

Oils: Groundnut oil, Sun Flower Oil, Seasame oil & Mustard Oil, Coconut Oil, Olive Oils.

Personal care products: Henna, Herbal soaps & Bubblenut shampoo powder.

Home Care: Surface Cleaners, Detergents. 

Farmers Best will take care of products from which they are expired or damaged unless there is a maintenance issue from the franchise.

Role of Franchise:

  • The franchise makes a written application to the franchisor. All the obligations of the “Franchise” under this agreement will be legal, valid and binding obligations enforceable in accordance with its terms.
  • The franchise declares that no proceedings are pending against the franchise, which may harm the ability of the franchise to perform and meet its obligations under this agreement.
  • The franchise is ready with its own retail space-whether self-owned or taken on a lease on a long term basis.
  • The minimum space of the retail unit should not be less than 600 sq ft.
  • The franchise will not enter into direct agreements with any other Franchisor or any similar entity or other product Manufacturers for selling on the premises for the duration of this agreement.
  • The Intellectual Property Rights including the products, processes, and strategies will rest with Farmers Best.

The Franchise is required to:

  • Have a written agreement with the franchisor,
  • Have a dedicated retail location of about 600 to 2500 sq. ft, either owned or leased in on a long-term basis.
  • Preferably, we should have space for a warehouse.
  • Invest in the furniture, fixtures and other equipment
  • Make a refundable security deposit to the franchisor
  • Does not get into a similar business agreement with any other company while the contract is in vogue
  • Comply with all relevant laws and licenses of the land

The Franchisor on its part will provide:

  • Assign a specific geographical location as its territorial right.
  • Goods and commodities regularly against the indent
  • Ensure quality
  • Take responsibility for transportation damage
  • Carry out promotional activities to increase business turnover
  • Introduce new products to increase sales volumes
  • Pass on online orders to the franchise from the franchise’s location.

Interested in the above franchise model? Connect now to know more.

OPEN THOUGHT RETAIL PRIVATE LIMITED Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2016

Franchise Commenced On 2020

Franchise Details
Units

Investment INR 20lakh - 30lakh

Franchise/Brand Fee INR 290000

Royalty/Commission 10 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 25 %

Likely pay back period of capital for a Unit Franchise 0-0 Months

OPEN THOUGHT RETAIL PRIVATE LIMITED Expansion Plans

North

Haryana

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana

East

Odisha

West

Goa, Gujarat, Maharashtra

Central

Madhya Pradesh, Bihar

Union Territories

Pondicherry

 

OPEN THOUGHT RETAIL PRIVATE LIMITED Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 600 - 3000 Sq.ft

OPEN THOUGHT RETAIL PRIVATE LIMITED Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location In Store

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

OPEN THOUGHT RETAIL PRIVATE LIMITED Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 8 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 OPEN THOUGHT RETAIL PRIVATE LIMITED 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 a OPEN THOUGHT RETAIL PRIVATE LIMITED franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. OPEN THOUGHT RETAIL PRIVATE LIMITED franchise fee, OPEN THOUGHT RETAIL PRIVATE LIMITED franchise cost, OPEN THOUGHT RETAIL PRIVATE LIMITED apply process and more. Our team will guide you during the process to avail OPEN THOUGHT RETAIL PRIVATE LIMITED franchise.

Interested in OPEN THOUGHT RETAIL PRIVATE LIMITED Franchise? Apply here

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