Blinkit Franchise In India Cost, Profit, Benefits, Contact Detail, Requirements, Kaise Le, How To Apply | SkillsAndTech
Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in USA? Then this franchise is right for you. to know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.
Table of Contents
Wiki
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In 2013, Grofers, an on-demand online grocery delivery service based in Gurugram, India, which is now known as Blinkit Franchise, was established. This e-commerce start-up platform offers its consumers a range of daily necessities including groceries, bakery goods, baby care products, and many more.
Customers can purchase and request their products using the Blinkit smartphone application at a predetermined time, and Grofers staff will deliver these items to the customers. The business currently runs Blinkit in over 28 Indian cities.
On December 13, 2021, Grofers had successfully completed their attempt at rebranding under the moniker Blinkit.It is regarded among the best grocery franchise in india. The creation of the new name Blinkit is consistent with the objective of the business, which is to deliver goods instantly, or in the blink of an eye.
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Benefits
- Growing earnings: Blinkit provides quick breakeven and 30% return on investment.
- Doing business is easy: Once the store is set up, you can go live for orders in a week and it also has a hassle-free supply chain to manage the store.
- Support that they offer: They provide training on warehouse management & operations and data & insights to effectively grow business.
- First mover advantage: The grocery retailer Blinkit opened all 100 of its locations in Delhi and the surrounding area. Thus, the first sales will be higher if you open this franchise in cities other than Delhi for two reasons. Due to the fact that it is the only Blinkit retail location in the city and the scarcity, it will generate until competitors obtain a franchise to do the same.
- The Indian demand: Blinkit retail store will have something for everyone, so customers won’t have to move from store to store due to lack of availability: fruits, vegetables, nutritional snacks, dairy products, fish, poultry, pasta, and other foods.
Financial Assistance
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The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
Cost/ Investment
Total franchise cost of a Blinkit Franchise is ₹2 Lakhs but it will take around 20 Lakhs as investment to make the store ready to go.
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Total investment | Rs. 20,00,000 |
Area requirement | 1000 square feet |
Franchise Fee | Rs. 3,00,000 |
Break Even point | 12 months |
Return on Investment | 8 percent |
Requirements
Property
- Ground floor commercial property with 2000-4000 square feet carpet area
- Parking space for 15-20 bikes
- Easy access to park a small truck/ canter
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Manpower
- Store supervisor
- Store staff
- 2 Shifts daily commitment
Financial
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- Zero upfront cost
- Bank guarantee of ₹30-35 lakhs
Documents Required For Blinkit Franchise
One must fulfil the following criteria in order to run a Blinkit grocery store franchise:
- Standardised franchise agreement
- Aadhar card, PAN Card, bank details
- GST registration
- Store rental agreement
- Financial and educational background status
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Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply
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To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Contact details
Website
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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Is a Franchise?
Yes, a franchise.
What is The Difference Between Franchisor vs. Franchisee
Click Here to know about it.
What Is The Difference Between Franchise Vs. Sole Proprietorship
Click Here to know about it.
Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.
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