INR 20 Lac - 30 Lac
Investment Range
600 - 1000 Sq.ft
Area Required
100-200
Franchise Outlets
2010
Establishment Year
The New Shop Products and Services
THE NEW SHOP PRODUCTS AND SERVICES
Welcome to The New Shop!
Founded in March 2019, The New Shop is a chain of 24*7*365 convenience retail stores with omni-channel presence to serve all your daily needs products snacks and beverages, personal care, home care, pet care, confectionery, Tobacco, hygiene needs, ready to eat food, Over-the-counter drugs, and grocery staples.
Mission: To serve every need of a customer, wherever s/he maybe, at any time of the day, through any touchpoint, in the most organized, efficient and cost effective manner.
Vision: To become a convenience store within walking distance and provide doorstep delivery within 15-30 minutes.
The New Shop Cost and Investment
Commenced Operations
Operations commenced on
2010
Franchise commenced on
2023
Franchise Details
UNITS
Investment
INR 20 Lac - 30 Lac
Franchise/Brand fee
500000
Royalty/Commission
4%
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
70%
Likely payback period
1-2 Years
Other investment requirements
NA
The New Shop Expansion Plans
NORTH
Delhi,
Haryana,
Himachal Pradesh,
Jammu & Kashmir,
Punjab,
Uttar Pradesh,
Uttarakhand,
SOUTH
Andhra Pradesh,
Karnataka,
Kerala,
Tamil Nadu,
Telangana,
EAST
Arunachal Pradesh,
Assam,
Manipur,
Meghalaya,
Mizoram,
Nagaland,
Orissa,
Sikkim,
Tripura,
West Bengal,
WEST
Goa,
Gujarat,
Maharashtra,
Rajasthan,
CENTRAL
Bihar,
Chhattisgarh,
Jharkhand,
Madhya Pradesh,
UNION TERRITORIES
Andaman & Nicobar,
Chandigarh,
Daman & Diu,
Lakshadweep,
Pondicherry,
The New Shop Property Requirements
Type of property required for this franchise
Commercial
Floor area requirement
600 - 1000 Sq.ft
Preferred location of unit
Mumbai/Pune/Bglore/Kolkata/Chennai/Tricity/Goa/ Adani CNG lo
The New Shop Training
Training location
Franchise Site
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes
The New Shop Agreement Details
Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes
About Franchise Times
Who We Are?
Franchise Times was promoted by professionals with over 25 years of hands on experience in Franchising. The foundations of Franchise Times were laid to assist entrepreneurs from start-ups, SMEs NGOs and corporates to develop sustainable franchise networks. Our multi-disciplinary and tested approach ensures that the appropriate talent and experience are applied at every stage of our work to ensure our clients' business needs are served professionally and in a cost effective manner.At Franchise Times our success is measured by the growth of our clients' businesses. Within a decade of operation we have created over Rs. 5 million worth of enterprise value for our clients. We've advised over 200 networks and established multiple franchised network locations in India and abroad. We know exactly what it takes to grow a business - many of our clients have come to us with a single location and we've assisted their expansion to India and abroad.
Franchising is a wonderful way to go into business for yourself, but not by yourself. Franchising is an example of teamwork at its best, bringing together talents of a dedicated professionals and management team with hard work, zeal and entrepreneurial spirt of franchisees at the local level to serve our customers.
What We Do?
Franchise Times can help you expand your network in existing and new markets (globally), acquire new clients and increase your revenue, all at a substantially reduced costs.At Franchise Times we follow an innovative approach that offers customized solutions to meet your specific needs in franchising. Staffed with professionals in sales, marketing, logistics and legal who are well empowered and phone-productive, we bring transformational rewards to your business.
Our offering include
- Franchise Opportunities
- Buisness Consulting
- Digital Consulting
- Awards and Events