We are returning with an excellent and profitable franchise business idea for you. In this blog, we are telling you about how the Grocery business field will grow fast in 2024. If you wish to kickstart the Grocery (Kirana) stores but don’t know the right trajectory for this. So don’t worry about guys, because the most famous Grocery seller “Grofers” is now giving Franchise business opportunities. The Grofers India’s largest low-priced online grocery supermarket, is expanding its presence offline.
Now all the people who want to avail the benefits of this golden opportunity can invest their money & time in the Grofers Kirana Stores Franchise (Now Blinkit Franchise). Here we will discuss about How to Start Grofers Kirana Stores Franchise in 2024 along with the Requirements, Investment Cost, Profit Margin, Enquiry Number, etc. through this post below.
About Grofers Kirana Stores
Let’s take a snapshot of the history of Grofer Indian Company and you can easily invest in the company without any doubt. So, the Grofers, India’s leading online grocery supermarket, was launched in 2013 by IIT alumni Mr Saurabh Kumar and Mr Albinder Dhindsa. At the current time, this company has 6500+ stores across the country and is headquartered in Gurugram. The Specialty of this grocery brand is to provide more than three crores of branded and in-house products every month to its customers through its online platform. Moreover, to enlarge the business scale they are starting offline Grofers supermarket franchise stores.
The largest low-cost online supermarket in India is planning to grow through physical grocery stores. With a network of 5000 partner stores that allows for quick grocery delivery and a lean supply chain, the company serves customers in over 27 cities and delivers over 25 million products to customers each month. Yes, the Grofers Kirana Stores Franchise is under discussion. Would you not wish to work at one of its retail locations and take advantage of the significant value it offers to its clients? Grofers is an Indian online grocery delivery business that was founded in December 2013. It got $535.5 million in funding from notable investors in 2018, such as Sequoia Capital, SoftBank, and Tiger Global.
Grofers Kirana Stores Franchise – Company Overview
Topic Name | Grofers Kirana Stores Franchise |
Renamed | Blinkit |
Industry | Retail |
Type of Business | Grocery Department Store |
Company Type | Private |
Founder | Saurabh Kumar, Albinder Dhindsa |
Founded in | 27 December 2013 |
Revenue | 176.7 crores INR (2020) |
No. of Franchise Outlets | 50+ |
Franchise Tenure | 2 years |
Head Office | Gurugram, Haryana |
Franchise Location | All over India |
Official Website | https://blinkit.com/ |
Grofers Franchise Investment Cost and Profit Margin
In this portion, we are going to analyze how much money you need to start the Grofers Kirana Stores. And is that profitable for you to invest in the franchise model? Kindly check out the mentioned table only:-
Infrastructure Investment | Rs 15 Lakhs to 30 Lakhs |
Franchise Fee | INR 5 lakhs (+18 GST) |
Refundable security deposit | INR 3 lakhs |
Royalty fees | 3% of the monthly sales made |
Area Requirement | 1000 – 2500 Sq.ft. |
Profit – Margin | 15 to 20% |
Franchisee | Approx. 95% |
Franchisor | Approx. 5% |
Requirements to Apply for the Grofers Franchise in 2024
To qualify to run this Grofers grocery store franchise in India, so must follow the given mentioned requirements:-
- Standardized franchise agreement.
- GST registration.
- Aadhar card, PAN Card, and bank details.
- Financial and educational background status.
- Store rental agreement.
NOTE:- On 13 December 2021, Grofers changed its brand name to Blinkit in line with its vision to embrace quick-commerce.
How to Start Grofers Kirana Stores Franchise in 2024?
Basically, to start the Grofers Franchise Store you have to just complete the online registration on the official website of Grofer/Blinkit. Let’s follow the mentioned steps only:-
- First of all, you have to navigate the official website of the Grofers i.e. https://blinkit.com/
- Now you will reach the homepage of the site.
- Just scroll down the main page and click on the option called “Express”.
- Now you can see the Franchise Apply form on the new page.
- Kindly fill up this form with the required details like Name, Email, Current Occupation, City, and Pincode and click on the Submit.
- Finally, the supporting team will contact you regarding the opening Grocery Store and now you can start your journey here.
Contact Details of Grofers Franchise Enquiry
- Address:- Ground Floor, Pioneer Square, Sector 62, Golf Course Extension Road, Gurugram-122098, Haryana, India.
- Contact Number:- (+91) 800 208 8888
- Email Id:- info@blinkit.com