Pay2cart Franchise is an e-commerce platform that also includes a retail store chain module. Pay2cart franchises include the FOCO and FOFO franchise business practices.
The FOCO (Franchise Operate Company Operate) and FOFO (Franchise Owned Franchise Operated) models.
The FOFO (Franchise Owned Franchise Operated) model is a business model in which a franchisee owns and operates a business.
Pay2cart Franchise Model
|Investment||Rs. 1 crore|
|Area Required||600 sq. ft.|
|Agreement Period||5 years|
|Investment||Rs. 50 lakhs|
|Area Required||300 sq. ft.|
|Agreement Period||2.5 years|
What Services Will The Company Offer In The Pay2cart FOCO Model?
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Electricity bills would be paid by the company.
Customer marketing assistance in full.
In the FOCO franchise model, there is a 5-year time limit. If a customer wants to sever the bond within these five years, the customer must offer notice to quit the franchise company three months in advance.
Since the refundable sum is 25 lakhs and the franchise fee is 1.25 lakhs, the consumer must pay a total of 26.25 lakhs to begin a FOCO Franchise model.
FAQs (Frequently Asked Questions)
Is The Pay2cart Franchise Successful?
What Is The Refundable Amount In The Pay2cart Franchise?
Rs. 25 lakhs.