Hotline: 1800 102 2007
Hotline: 1800 102 2007
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Mobile & Communication/Internet Connections

SHOPX EDGE

  • Area Req
    150 - 250 Sq.ft
  • Investment Range
    INR 10 Lac - 20 Lac
  • No. Of Franchise Outlets
    50-100
Business Details

About Us:

SHOPX was founded in 2015 by Mr. Amit Sharma and Mr. Apoorva Jois. A series B funded company, where our pre-series A and series A investment mainly came from our strategic investor Mr. Nandan Nilekani ~$18M. Our series B investment was led by Ms. Li and Fung Group - World’s leading supply chain solutions partner for global brands and retailers with a vision to create the supply chain of the future. The money raised was a $35M equity round.

We are currently building a network of retail partners (currently 1,79,000+retailers- across FMCG & Mobile/ Electronics, and growing month on month).

Investment Details

Commenced Operations

Operations Commenced On 2015

Franchise Commenced On 2018

Franchise Details
Units

Investment INR 10lac - 20lac

Franchise/Brand Fee INR 200000

Expansion Locations
North

- NA -

South

Andhra Pradesh, Telangana

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Anticipated percentage return on investment 30 %

Likely pay back period of capital for a Unit Franchise 2-3 Years

Other investment requirements no

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 150 - 250 Sq.ft

Preferred location of unit franchise outlet Preferably on Main roads, Commercial streets, area with high footfalls (No malls)

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Training will be done in modules conducted either at HO or at Franchise locations. The same will be communicated by Company in advance.

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? 3-No of years Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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