Fairway Supermarket Franchise Cost, Profit, How to Apply, Requirement, Investment, Review | 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.

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Fairway Supermarket Wiki

Fairway Supermarketis a growing supermarket in India. We are specially trained to meet consumer needs.

Fairway Supermarket is an online grocery store chain that is operated in the supermarket sector in India. We have 18 stores in India. Fairway Supermarket  is a growing brand in the market.

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Fairway Supermarket has 25+ outlets in Pan India mainly in South India and now we are expanding our brand in the northern part of India. Every day, Fairway Supermarket brings multiple products, opportunities, and services to millions of customers in India.

Through more than 500 Sqft of many retail spaces, we will be serving customers in many cities across the country. Most of all, we help India shop, save and realize dreams and aspirations to live a better quality of life every day.

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Fairway Supermarket understands the soul of Indian consumers. As one of India’s growing retail pioneers with multiple retail formats, we connect a diverse and passionate community of Indian buyers, sellers, and businesses.

The collective impact on business is staggering: many customers will walk into our stores each year and choose products and services that will be supplied by over 300 small, medium and large entrepreneurs and manufacturers from across World. And this number is set to grow.

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Fairway Supermarket will employ around 60 people directly from every section of our society. We source our supplies from enterprises across the country, creating fresh employment, impacting livelihoods, empowering local communities and fostering mutual growth.

We believe in the ‘Indian dream’ and have aligned our business practices to our larger objective of being a premier catalyst in India’s consumption-led growth story.

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Working towards this end, Fairway Supermarket allows you to walk away from the drudgery of grocery shopping and welcome an easy relaxed way of browsing and shopping for groceries. Discover new products and shop for all your food and grocery needs from the comfort of your home or office.

No more getting stuck in traffic jams, paying for parking, standing in long queues and carrying heavy bags – get everything you need, when you need, right at your doorstep. Food shopping online is now as easy as every product on your monthly shopping list is now available online at Fairway Supermarket, World’s best online grocery store.

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CEO Speaks

With the impressive success of the current stores and being household name for happy shoppers. We have dedicated ourselves to value, range and service. Fairway Supermarket is the fastest growing chain, providing customers an interesting mix of traditional, modern and fusion retail shopping blends.

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The rising demand of FMCG made us aware of the market expansion and Fairway Supermarket  offers an opportunity to step aboard as a partner in its versatile turn-key business model. With our safe, reliable and dependable business module and our focus on value, we assure a profitable sale and growth.

Fairway Supermarket Benefits

Reduce Cost Of Investment

Get in touch with us to know about the lower cost of investments (compared to industry standards)

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Proven Higher Return Of Investment

Starting a franchise with Fairway Supermarket presents an opportunity to increase your investment in a systematic and manner.

Special Training Offered

Special training offered to recruits from our industry experts who are well-versed in Retail line.

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Don’t Worry About Further Marketing

Our core team will take care of that.

Brand Value

Fairway Supermarket has grown from 1 Stores to 94 Stores by building their brand over the past 10 years. Now we are inviting you to be part of this success story.

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Fairway Supermarket Financial Assistance

All Expenses will Borne by franchise owner 

Fairway Supermarket Cost/ Investment / Price / Fee

FOCO (Franchise Owned Company Operated)

1. Setup Cost- 4000 Rs Pqsft (Refundable)
2. Interior- 1000 Rs pqsftb. Products- 2000 Rs psqft
3. Operations- 1000 Rs pqsft(6 Months)
4. Franchise Fee- 3.5 Lac
5. Software Charges- 50000 RS 

Returns on investment

1. 1% MGI of Setup Cost or 10% of Net sales whichever is Higher
2. Rent- 50 Rs PSQFT

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*All Expenses will be Borne by the company like- Salary of all employees, electricity bill, petty expenses, refilling of products, miscellaneous expenses etc. 

FOFO (Franchise owned Franchise Operated)

INVESTMENT

1.  Setup Cost- 3000 Rs Pqsft
2. Interior- 1000 Rs per sqft
3. Products- 2000 Rs psqft
4. Franchise Fee- 3.5 Lac
5. Software Charges- 50000 RS

Fairway Supermarket Requirements

Fairway Supermarket Area Required

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Fairway Supermarket primarily operates in Tech-parks, high-street locations and gated communities, providing the modern retail experience. At Fairway Supermarket stores, we promise to deliver a rewarding shopping experience, authentic and quality products we aim to make the shopping experience quick and hassle-free.

The mission is to provide the best quality products and services at the right price to the customers aiming for a convenient living leading to sustainable profits to the shareholders and fulfilling our responsibility towards the society and environment at Fairway Supermarket.

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Through Fairway Supermarket club and our comprehensive range of brands, including our Power Brands  Fairway Supermarket saving, Fairway Supermarket quality, Fairway Supermarket delivery that offer unbeatable value for homemakers, we aim to create customers that keep on returning for more. Moreover Fairway Supermarket has created and perfected a franchise system which has proved to be a successful business model, spelling a win-win situation to all partners.

Franchise Model

1.   Fairway Supermarket – 300 SFT TO 5000 SFT
2.   Fairway Supermarket- 5100 SFT TO 30000 SFT 

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We have always been pioneers in the industry – be it in promoting ‘Retail Stores’ when it was unheard of in the Indian market, to growing through Franchisee networks. We understand that continual training is key to this business.

Fairway Supermarket Documents Required

• Rent Agreement
• Pan card
• Adhaar card
• GST
• Fassai Licence.

Company Support to franchise 

1. Store location selection
2. Software and IT Support
3. GRN of all products
4. Advertisement & marketing Support(online & offline)
5. Hiring & Training of all employees
6. Purchase Support
7. Store’s layout design & theme.
8. LED Brand signage Board
9. Branding 
10. Dress of all employees 
11. License Support- GST & Fassai 

Fairway Supermarket 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.

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Returns on investment- 20-40% of Net Sales

Royalty- No Royalty till 10 lac rs sales 

Cost of Opening of Mart- In FOFO Model- Investment starts from 12 lac and in foco Model 23.5 Lac for minimum 500 sqft,

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Estimate profit and ROI

Profit- 15% Net and ROI Time will be 18-24 Months.

Role of Franchise

1. Franchise will pay Security Deposit Amount of Rs. 4000/- SFT plus Franchise Fee.
2. Required a Shop on rent minimum 300 SFT to 30000 SFT.
3. Company will do Interior according to company’s design.
4. Franchise will pay Rent & Electricity bill of shop.
5. Franchise will Purchase Products & equipment.
6. Franchise will Report or initiate corrective actions wherever required.
7. Franchisee has to ensure that all its artists follow the same and customer satisfaction is high.
8. Franchise will pay the salary to all Employees.

Role of Company

1. Company will assist Franchise in hiring & training of Employee.
2. Company will provide all the SOPs, Training & Manuals.
3. Company will give Software to the Franchise.
4. Company will invest in brand level marketing, digital & social marketing including Google marketing, Just Dial, Facebook.
5. Company will provide pamphlets, will give Tv Ad, Radio Ad, Hoardings, News Paper Adv, Glow Sign Board.
6. Company will do Vendor Registration with all the vendors for All Brand Products.

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Investment details are determined on a case to case basis as each location is different. All fees, estimated initial set up costs, operational costs, financial statements, and other valuable information is included in disclosure document. Further investment related requests or queries. For your reference, an outline of startup cost is listed here.

How to Apply For Fairway Supermarket 

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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.

Apply Here

1. visit our website to show interest.
2. Fill the Franchise form with all required details.
3. Our Sales person will contact you and send details on Mail & whatsapp.
4. Choose the Franchise Models which suits your needs.
5. Signing of Franchise agreement.
6. Survey team will visit to choose the viable location.
7. Interior of shop will start by company.
8. Purchasing of Salable goods will start by Purchase Manager.
9. Hiring & Training of Staff
10. Advertisement will start by marketing Team.
11. Launch of supermarket.

Contact details

Website

fairwaysupermarket.in

Address

Awfis,7th Floor, Corunthum Tower, Sec-62, Noida

Email ID

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franchise@fairwaysupermarket.in

Call Us

+91-9718342766

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

FAQ (Frequently Asked Question)

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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How much does it cost to open Fairway Supermarket ?

FOCO (Franchise Owned Company Operated)

1. Setup Cost- 4000 Rs Pqsft (Refundable)
2. Interior- 1000 Rs pqsftb. Products- 2000 Rs psqft
3. Operations- 1000 Rs pqsft(6 Months)
4. Franchise Fee- 3.5 Lac
5. Software Charges- 50000 RS 

Returns on investment

1. 1% MGI of Setup Cost or 10% of Net sales whichever is Higher
2. Rent- 50 Rs PSQFT

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*All Expenses will be Borne by the company like- Salary of all employees, electricity bill, petty expenses, refilling of products, miscellaneous expenses etc. 

FOFO (Franchise owned Franchise Operated)

INVESTMENT

1.  Setup Cost- 3000 Rs Pqsft
2. Interior- 1000 Rs per sqft
3. Products- 2000 Rs psqft
4. Franchise Fee- 3.5 Lac
5. Software Charges- 50000 RS

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

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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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