How to Start Grofers Kirana Stores Franchise in 2024: Investment Cost, Profit Margin, Enquiry Number

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.