Big Bazaar Franchise Process (Big Bazaar) is a chain of hypermarkets in India. with 100 markets operating in India at present. It is a subsidiary of Future Group’s Pantaloons Retail India Limited. It is run on the business model of Wal-Mart in the United States of America. Big Bazaar is one of the oldest hypermarket chains in India. This company was started by Kishore Biyani in 2001 and today has around 250+ stores in India. This supermarket caters to the demand of 3 essential categories; Home, food, fashion, etc.
Many brands of products are found inside the Big Bazaar grocery store and good quality products are provided to its customers, now the company is gradually increasing its network and opening new stores for which franchise is giving, so any person If you want to take Big Bazaar Franchise Process, then this is the right business in which you can earn good money, in this article we will tell in detail about Big Bazaar Franchise Process.
What is the Big Bazaar Franchise Process?
Big Bazaar Franchise Process If you do not know about Dealership or Franchise, then we tell a little bit Opens a branch by name and gives the authorization to sell its products or services, it is called Dealership or Franchise, similarly, Big Bazaar Supermarket also opens its new branch to increase its network and reach its product to its customers. doing
Big Bazaar Supermarket gives two types of the franchise because some people take more risk with more budget and some do business with less budget and take less risk then there is a different franchise model for both like a FOFO model (FRANCHISE OWNED) FRANCHISE OPERATED) and the second FOCO model, according to these two models, the company gives franchise.
Market Scope of Big Bazaar Franchise Process
Big Bazaar currently also runs a smaller store organization, which includes Easy Day and Heritage Fresh stores. Big Bazaar is currently focusing on expanding the small store network to potentially have 10,000 stores; Each store shall be located within a two-kilometer radius of every shopkeeper’s square residing in an urban Indian. This will allow them to serve every customer without the limits of time and space. With the widespread use of social and digital platforms, the number of customers has increased significantly. These changes helped Big Bazaar to increase its sales per square foot by 11.5 percent and also increased sales in the same store by 13.4 percent during the year.
In the year 2018, the company’s sales and other operating income showed a jump of 8.22% from Rs 17 crore to Rs 18.5 crore. In fact, in the same year, the company’s sales growth recorded a record increase of 9.9%. Also, Big Bazaar has complete dedication to customer satisfaction. Owning a Big Bazaar Franchise Process will give you a generous amount of profit along with benefits as a successful businessman.
What are the Benefits of the Big Bazaar Franchise Process
- People have faith in Big Bazaar.
- Big Bazaar has more customers.
- There is a demand for the service and products of Big Bazaar.
- 100% original and quality products.
- 24*7 customer support
- Big Bazaar has all brands of products.
- Marketing, advertising, and branding are supported by Big Bazaar.
- Big Bazaar also gives you training before starting a franchise.
- A good commission is also available from Big Bazaar.
- Good profit margin is available on Big Bazaar product
- An electronic billing facility is also available in Big Bazaar along with cash on delivery.
Investment for Big Bazaar Franchise Process ( Big Bazaar Supermarket Franchise Cost )
Investment In Big Bazaar Supermarket Franchise Talking about the investment in it, then the investment depends on the franchise model and the land, as if you have your land then a lot of money will be saved and if the land is taken on rent or land is bought, then a lot of investment is required. There is a need and secondly, the franchise model has to be invested differently according to the different model-like.
Franchise Fee = 3,00,000 (Franchise Fee)
Building Cost = Rs. 30 Lakhs To Rs. 40 Lakhs (If you have your land then this cost will not be applicable)
Other Expenses = Rs. 30 Lakhs
Total investment = Rs. 35 Lakhs To Rs. 40 Lakhs (if own land)
Land for Big Bazaar Supermarket Franchise
Land For Big Bazaar Supermarket Franchise In this land is needed for a store and a godown and the bigger the store is opened, the more land is needed and if you open a small store then less land is required. is
Store:- 5000 Square Feet To 10,000 Square Feet
Total Space:- 5000 Square Feet To 10,000 Square Feet
Documents Required for Big Bazaar Franchise Process
Personal Document (PD): –
- ID Proof:- Aadhaar Card, Pan Card, Voter Card
- Address Proof:- Ration Card, Electricity Bill,
- Bank Account With Passbook
- Photograph Email ID, Phone Number,
- Other Documents
- Financial Document
- GST Number
Property Document (PD): –
- Complete Property Document With Title & Address
- Lease Agreement
How to Register for Big Bazaar Franchise Process Online
To Register Online For Big Bazaar Supermarket Franchise then you can register online for it, follow the steps given below for registration. How do I apply for opening up a Big Bazaar?
1. First of all go to Big Bazaar’s official website.
2. On the home page, the option of Inquiry will be found, click on it, then a form will open.
3. Fill all the details inside the form, after that submit the form.
4. After that the company will contact.
Franchise terms and conditions agreement
The agreement under Big Bazaar Supermarket Franchise is for 5 years, after that, it has to be done renewable like
FOCO model franchise – Franchise Owned Company Operated
Big Bazaar Supermarket FOCO model supermarket franchise, the agreement period = 5 years
FOCO model smart market franchise, the agreement period = 5 years
Big Bazaar Supermarket Franchise Contact Number
Big Bazaar, 4th Floor,
Tower C, 247 Park,
LBS Marg, Vikhroli (West),
Mumbai – 400 083.
Customer Care:- 18002662255
Big Bazaar Supermarket Franchise Expansion Location
North:- Delhi, Uttar Pradesh, Haryana, Himachal Pradesh, Punjab, and Uttaranchal
South:- Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
East:-Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West:-Gujarat, Rajasthan, Maharashtra, Goa
Central:-Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories:- Pondicherry, Chandigarh, Lakshadweep, Daman, and Diu Jammu and Kashmir,