Vakrangee ATM Franchise
Any organization which is undertaken by any individual includes huge fund, time, planning, devotion, hard work, and so on. The essential advantage which an individual finds from a franchise brand is the brand value that is related with the brand from the establishment. Choosing the right brand for taking its franchise is very important decision.
See Also: Prime Gold TMT Dealership
Vakrangee franchise is one such brand that offers many services under one roof and provides franchise to expand its business. In this blog we are giving franchise related information and give an idea how to start Vakrangee ATM franchise? Please read the blog to know more about the Vakrangee ATM franchise.
Table of Contents
Vakrangee ATM Franchise Wiki
The Organization was established in the year 1990 and works with the latest and ongoing technological facilities. The company provides multiple services under one roof and it is their USP which making things simple for the client. Apart from being a logistics company the brand also offers many services, for example, ATM, E-Commerce services, BFSI, and so on. Vakrangee also offers digital franchise which offers entrepreneurs the chance to sell multilevel products to the clients and earn good commissions.
See Also: SRMB Dealership
Vakrangee is the third-largest ATM provider in rural India. RBI granted the license to establish white label ATM for real time cash withdrawal. Vakrangee covers more than 6000 Postal Codes and 30 states in India. The brand has more than 10000 + Kendra’s all over India and all are hi-tech, modern and advance. The company wants to set up more than 25000 + Kendra’s in next few years and continues to expand their business.
One of the prime advantages which are presented by Vakrangee franchisee is that the franchise holders don’t have anything to worry about the inventory part of the business. Vakrangee business model works based on the ‘No Inventory’ model and franchise holder need not bother about any extra space for storing any stock.
Vakrangee ATM Franchise Benefits
- Brand Recognition
- Low Cost of Entry
- Support from an Expert Team
- Reduced Risk for Startups
- A Vibrant And Growing Industry
See Also: JSW Steel Dealership
Vakrangee ATM Franchise Financial Assistance
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.
Vakrangee ATM Franchise Cost/ Investment / Price / Fee
Vakrangee ATM franchise offers many services under one roof for making the business model effective and productive for both, the franchise owners and the clients. The company offers three types of franchise models- Gold Kendra, Silver Kendra, and Bronze Kendra. So, the investment amount will vary as per the type of franchise model the candidate wishes to go for.
See Also: Tesla Power Battery Dealership
Here we are giving you an average investment amount detail, the fund required would range between 4 Lakhs INR- 6.5 Lakhs INR. The investment ranges according to the area and the type of model you pick. To know the accurate investment amount you have to talk to the franchise concern person.
Vakrangee ATM Franchise Requirements
- Legal to work in the India
- Ability to speak and understand English
- Have all Legal documents
- No criminal record
Eligibility for Vakrangee
Before applying for the Vakrangee ATM franchise you must know the eligibility. Following are some eligibility for Vakrangee franchise-
See Also: Apollo Paints Dealership
- The franchise holder must be serious and passionate for the business.
- The staff member should be trained thoroughly.
- Must fulfill all the criteria to set up the Vakrangee center.
- Must have following updated documents- PAN Card, Aadhar card, GST registration certificate, bank account proof, Kendra location with address proof.
Vakrangee Franchise Area
While you are planning to apply for Vakrangee franchise you must fulfill the following requirements-
- The minimum space required for 3 types of kendras are-
- Gold kendra – 300 sq.ft
- Silver kendra – 150 sq.ft
- Bronze kendra – 65 sq.ft
- You must have internet connection with minimum 2 mbps speed.
- Regular power connection with continue power back up.
See Also: Jindal Panther Dealership
How Much Money Can I Make With A Vakrangee ATM Franchise
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.
Vakrangee ATM Franchise Training & Support
The company provides following supports-
- Vakrangee stays beside their franchisees from beginning to end. From the location selection to set up the Kendra the company supervises all operations.
- All set up is performed under the supervision of the company.
- All types of technical and technological support provided by the company.
- Vakrangee provides all required training to the franchise holder and the staffs to run the franchise without any issue.
- Vakrangee looks after all promotional and marketing activities for the brand.
See Also: TATA Power Solar Dealership
How to Apply For Vakrangee ATM Franchise
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
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 Vakrangee ATM Franchise 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.
See Also: SharEat Franchise
How much does it cost to open Vakrangee ATM Franchise?
Vakrangee ATM franchise offers many services under one roof for making the business model effective and productive for both, the franchise owners and the clients.
The company offers three types of franchise models- Gold Kendra, Silver Kendra, and Bronze Kendra. So, the investment amount will vary as per the type of franchise model the candidate wishes to go for.
Here we are giving you an average investment amount detail, the fund required would range between 4 Lakhs INR- 6.5 Lakhs INR. The investment ranges according to the area and the type of model you pick. To know the accurate investment amount you have to talk to the franchise concern person.
See Also: Birla White Cement Dealership
Is Vakrangee ATM a Franchise?
Yes, a franchise.
How many active Vakrangee ATM present in India ?
There is 11700+ Vakrangee ATMs present in 27 states and union territories.
Is any previous experience required for getting the Vakrangee ATM franchise ?
There is no any particular experience required for Vakrangee ATM franchise?
See Also: Kalp Amruttulya Tea Franchise
How many business models are present in Vakrangee ?
There are three types of business models provided by Vakrangee. They are Gold Kendra, Silver Kendra and Bronze Kendra.
What is an average monthly profit from an ATM franchise ?
The franchise owner can earn a profit approx 30,000-70,000 INR per month.
How much commission earn by the franchise holder ?
See Also: Hero Electric Dealership
In any financial transaction the franchise holder can earn Rs.10 or Rs.11 per transaction.
What is the investment of Vakrangee franchise ?
To know the accurate Vakrangee ATM franchise investment you should directly talk to the concern person. The candidate needs to invest 4 Lakhs INR- 6.5 Lakhs INR to get the franchise.
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.
If you need any help from our team then please fill the contact form our team will contact you soon. And if you like this post then please share this post.
See Also: Orient Cement Dealership
The contents, services, and information offered on this website are given “as is” and “as available” without any explicit or implied warranties or representations.
The sole purpose of the skillsandtech blogs is to have instructive discussions about business, startups, and franchises. Only broad informational purposes are served by the content and information provided here. Before relying on the information to make any legal, financial, or business decisions, consult a specialist.
You should only use this material at your own risk. The website’s misleading, erroneous, or incomplete information is not the responsibility of SkillsAndTech. Despite all efforts to guarantee that the content on this website is current, pertinent, and correct. SkillsAndTech disclaims all responsibility for the accuracy, usefulness, and completeness of the information, products, services or associated images on the website for any reason.
5 Comments
Pingback:
Pingback:
Pingback:
Pingback:
Pingback: