Saatvik Poojan Mart Franchise Cost – How to get, Contact, Apply, Fee

Satvik Pujan Bhandar: A Leading Name in Pooja Samagri with Expanding Franchise Opportunities

Satvik Pujan Bhandar, initially founded as 'Satsahitya Prapti Sansthan' by Mr. Ghanshyam Dass Mittal in 2000, has become a leading name in the field of pooja samagri (ritual items). Under the leadership of his son, Dr. Mahesh Mittal, the company has evolved into a household name, providing high-quality religious products to customers across the country. In 2006, the brand name was changed to "Satvik Pujan Bhandar," marking a significant milestone in its journey. Over the years, the company has grown by offering a wide range of pooja-related products and services, catering to various religious ceremonies, festivals, and rituals.

Expansion and Growth Vision

During the COVID-19 pandemic, Dr. Mahesh Mittal identified an opportunity to expand the brand beyond Hisar city. This vision led to the establishment of both offline and online sales platforms, with a primary focus on offline retail. Satvik Pujan Bhandar is now widely recognized, having listed its profile on Google and made its mark in both local and regional markets. The business continues to grow through both its physical stores and online presence, catering to the increasing demand for pooja-related products.

Product Range and Offerings

Satvik Pujan Bhandar specializes in a diverse range of religious products, offering the following categories:

• Hawan Samagri: Essential items for performing religious hawan (fire rituals).
• Vivah-Shadi Rituals: Products used during marriage and related ceremonies.
• Laddu Gopal Dresses & Accessories: A wide selection of attire and accessories for Lord Krishna idols.
• Lord Statues and Dresses: Idols of various Hindu deities and their ceremonial attire.
• Hindu Festival Pooja Items: Specially curated products for Diwali, Navratri, and other Hindu festivals.

Franchise Cost Structure

Satvik Pujan Bhandar offers a promising franchise opportunity for entrepreneurs looking to tap into the growing demand for religious products. The franchise cost ranges from Rs. 5 lac to Rs. 10 lac, making it accessible for individuals seeking to start a low to mid-range investment business.

The Franchise/Brand Fee is Rs. 2,10,000, and a royalty/commission fee of 5% is charged, ensuring a fair revenue-sharing model. This makes the franchise attractive to entrepreneurs who want to be part of a reputed brand in the pooja samagri market.

Return on Investment and Payback Period

The Return on Investment (ROI) for a Satvik Pujan Bhandar franchise is estimated at 33%, reflecting solid profitability. This high ROI suggests a strong financial potential for franchisees. The payback period for capital investment is typically between 1 to 3 years, depending on the location and operational efficiency. With such a short payback period, the business model is designed for profitability and sustainable growth.

Floor Area and Flexibility

The franchise has flexible space requirements, with floor area ranging from 300 to 3000 square feet. This adaptability means the franchise can fit a variety of locations, from smaller retail spaces to larger stores in high-traffic areas. This flexibility allows potential franchisees to choose a location that best suits their budget and target market.

Satvik Pujan Bhandar offers a unique and profitable franchise opportunity in the growing religious products market. With a strong brand reputation, a wide range of high-demand products, and a flexible business model, it provides an excellent pathway for entrepreneurs looking to enter the sector. With a manageable investment, solid ROI, and a quick payback period, Satvik Pujan Bhandar presents a promising business venture for those interested in catering to the spiritual and religious needs of the Indian market.