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Department & Convenience Stores

Planetneeds pvt ltd

  • Area Req
    1000 - 4000 Sq.ft
  • Investment Range
    INR 10 Lac - 20 Lac
  • Franchise Outlets
    Less than 10
Business Details

Company director found a niche market of convenience retail stores inside the condominium complexes of Gurgaon and started with a humble army welfare organisations apartments with a 2000sqft store.

Three years into operation ,got an opportunity to work with an ultra luxury condo DLF Magnolias,later on expanded to Ireo ,M3M ,Central Park Resorts and all prime builders up North with presence in all flagship stores of these builders.

looking for market presence more than franchising at the moment.

Investment Details

Commenced Operations

Operations Commenced On 2012

Franchising / Distribution Commenced On 2017

Franchise Details
Units

Investment INR 10lac - 20lac

Franchise/Brand Fee INR 500000

Royalty/Commission 2 %

Expansion Locations
North

Haryana, Himachal Pradesh, Delhi, Punjab

South

- NA -

East

- NA -

West

Goa, Rajasthan

Central

Jharkhand

Union Territories

- NA -

Franchise Details

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 48 %

Likely pay back period of capital for a unit franchise 1-2 Years

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 1000 - 4000 Sq.ft

Preferred location of unit franchise outlet gurgaon,delhi,chadigarh,karnal,jaipur

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location office

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5-No of years Years

Is the term renewable? Yes

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