Fully Managed Kirana/Provision Stores For Lease In Bangalore
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Product / Service
We provide fully managed Kirana (provision) store franchise for lease which earn monthly ROI of upto 12%.
Clientele type
Working / business class people, occupied with their routines but seeking an alternative stable source of income.
Premises
LEASED
Lease per month (in INR): 35.00 K
Security Deposit (in INR): 3.50 L
Carpet Area: 400 sq ft
Currently we have multiple stores at premium locations ready to establish.
Asking Price Includes
From the store advance to the employee salaries everything is included.
Reason
We aim to source products in bulk quantities so as to introduce d-mart-like discounting model in our kirana stores.
Other Details
Founders' Background: The founder and CEO is a tech-savvy individual who hails from NIT-W. He has prior entrepreneurial experience, including starting a street food chain with a popular location near the Bombay Stock Exchange, and an investment management company based in London that manages high-net-worth individual funds in the forex investment sector. The co-founder and COO bring over two decades of management expertise to the table. With an early career at India Today, she went on to establish a B2B IT firm serving U.S. clients, as well as a BPO company that provided inbound and outbound call center services for a U.S.-based security systems company and a UK-based hospital health insurance business. Market Potential: In India, organized retail has a limited presence, and small, independent stores control an estimated revenue of $450 billion annually. Our goal is to bring these Kirana stores into a centralized chain by corporatizing them, as opposed to following the online grocery or supermarket model.
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₹10 to ₹200 Cr
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