In this article, we will provide complete details on How to Start a Bigbasket Franchise Store and the Investment Cost & Profit Margin. Along with that, you will also get to know about the Requirements for the franchise store. So, all interested entrepreneurs keep on reading this informative blog post ahead. BigBasket is one of India’s largest and top e-commerce companies in the grocery sector. They are known for delivering fresh grocery products with quick service. Their main aim is to deliver groceries to the customer as soon as possible so that the customer doesn’t need to go outside to buy any products.
Even if the consumer needs fresh milk, meat, fruits & vegetables they can order it online from their website or app. Earlier, Bigbasket had only online stores but now they have also started offline services to the customers. BigBasket started the offline retail space in 2021 with tech-driven, self-service outlets in Bengaluru. In December 2022 it began its large-format supermarket model in Hyderabad. Moreover, now they have also started distributing their franchise stores to business owners or entrepreneurs in India. So, it’s a good opportunity for business-minded people to own one of their franchise stores in India.
Bigbasket Franchise Store
The BigBasket was started as a startup company in 2011 by five Indian entrepreneurs in Banglore. Later when digitalization in India started the company’s growth skyrocketed. BigBasket became India’s number-one ranked online grocery store. However, in May 2021, Tata Group became the owner of BigBasket by acquiring a majority stake of 64% in the company. Now, the brand value of the company has increased even more and the trust of the people got stronger. They have everything available in their online stores for daily groceries for Indians.
As it is an Indian company they understand the real needs of Indian households and according to that, they provide products in their stores. Now, they have also started offline stores & supermarkets for more trust and physical experience of grocery shopping. Bigbasket wants to expand its business in every state and city of India. Therefore, they have started building more and more offline stores and also they are giving opportunities to businessmen to partner with them and grow together. You can also invest in the BigBasket Franchise Stores and earn a good monthly income with profit.
BigBasket Franchise Store Apply – Company Overview
| Article Topic | How to Start a Bigbasket Franchise Store |
| Company Name | BigBasket |
| Industry | e-commerce & retail |
| Country | India |
| Business Category | Grocery |
| Head Office | Banglore |
| Founded Year | 2011 |
| Founders |
|
| Franchise Outlets | 60+ |
| Franchise Location | Available All Over India |
| Business Set-up Time | At least 1-2 months |
| Official Website | https://www.bigbasket.com/ |
| Category | Business Enquiry |
Investment Cost & Profit Margin in Bigbasket Franchise
| Line of business | Store/Supermarket |
| Area Requirement | 2500- 8000 Sq.Ft. |
| Franchise Fees | Rs. 3-4 lakhs |
| Security Deposit | Rs. 2 lakhs |
| Employees Required | 5 – 8 (Minimum) |
| Royalty Fees | 2-3% |
| Commission Charged | 13% – 20% on products |
| Total Investment | Rs. 20 to 30 Lakhs |
| Profit Margin | 10% – 15% (Approx) |
| ROI | 8 – 12 months |
Requirements to Set Up Bigbasket Franchise Store
Before, starting a Bigbasket Franchise Store you need to be eligible for the Bigbasket Franchise Store. The company has some rules and requirements that you need to follow to get their franchise. So, below we have shared the Bigbasket Franchise Store Requirements check it carefully.
- You need to get a Fssai registration and license for your business.
- All the existing online businesses are now covered under GST so you also need to get GST Registration and do GST Return Filing.
- Moreover, you need a trade license for your business.
- You also need important documents such as a PAN card, Aadhar card, location, mobile number, etc.
- Most importantly, you must have IT Returns for the last 3 years and Bank Statements for 6 months.
- Also, you need to register your business under the 1953 Shops and Establishment Act.
Documents Required for BigBasket Stores
- ID Proof (Aadhaar card, PAN card, voter card)
- Address proof (electricity bill)
- Rent agreement if necessary
- Trade licences
- Photograph
- Cancelled cheque
- Bank details, etc.
How to Start a Bigbasket Franchise Store?
- Visit the official website of Bigbasket Franchise by clicking on the link here – www.bigbasket.com
- You will be reached on the homepage of the BigBasket Website.
- Here, you need to look for the Franchise Store Enquiry option.
- As soon as you find this option click on it and read the details about the franchise carefully.
- After that, you can fill out the application form.
- They will ask for some information such as – Name, Current Occupation, PIN code, and email ID.
- Now, you can click on the ‘submit’ tab and then your request for the franchise store will be submitted to the management.
- The concerned franchise manager of that region or the zonal manager will connect with you after the approval of your details.
- After that, they will visit your location to make sure all the details that you have provided are genuine.
- Once the officials are satisfied, they share all the necessary details about setting up the franchise.
- In this way, you can easily start your Bigbasket Franchise Store.
Contact Details for BigBasket Franchise Enquiry
| Contact Number | 1860 123 1000 |
| Email ID | [email protected], |
| Address | Bengaluru, No. 7, Service Road, Off 100 Feet Road Indiranagar, India |
| BigBasket Official Link | https://www.bigbasket.com/about-us/ |
| Social Media | https://www.instagram.com/bigbasketcom/ |
