If we talk about the retail industry in India, it has been growing at a rapid pace as the demand for organized retail and quality products has been increasing in India. If you are considering investing in a franchise supermarket, a franchise can be the best for you as they ensure steady returns due to never never-ending demand for groceries and household essentials. Here are the top five best supermarket franchise to invest in India.
1. D-Mart
One of the most famous brands in India, especially when it comes to affordability and huge discounts due to their streamlined supply chain and immense bulk, buying through which they are capable of offering huge discount. It is an established brand, which has already gained customer trust by offering a variety of products, such as Electronics, stationery, groceries, apparel, staples, et cetera.
Investment - ₹2,00,00,000 - ₹5,00,00,000
Benefits
A. Loyal Customer Base
B. Great Operational Handling
C. Expandable
D. Proven Business Model
2. Reliance Smart
Reliance Smart is a well-known brand, which is a part of reliance retail. Reliance Retail is one of the biggest retail chains in India. They offer a wide range of groceries, household essentials, fresh produce, and dairy products. Reliance Smart is generally preferred by middle-class audiences because it offer affordability as well as consistent product quality.
Investment - It can range anywhere between ₹15,00,000 to ₹35,00,000 depending upon the store size, location, as well as the business model.
Benefits
A. Strong Brand Value
B. Streamlined Supply Chain
C. Competitive Pricing
3. EasyDay Club
Easy day is also one of the biggest chains in India and is operated by Bharati Retail. It is a neighbourhood supermarket which offers groceries, Staples, household essentials, and wide range of products with affordability as well as great quality. Their focus is completely on providing top notch customer service.
Investment - It can range anywhere between ₹8,00,000 to ₹25,00,000 again depending upon the store size and business model.
Benefits
A. Affordable Entry
B. Strong Marketing
C. Customer Centric Approach.
4. Spencer’s Retail
It is one of the premium retail chain in India and caters to premium and affluent audience. It is known for its specialised selections for groceries, packaged foods, snacks, beverages and other gourmet products. It offers great quality as well as wide range of products.
Investment - It can range anywhere between ₹25,00,000 to ₹40,00,000 depending upon the location, as well as the business model selected.
Benefits
A. Premium Quality Products
B. King of Urban Households.
C. Wide Range to choose from.
5. Big Bazaar
It is a flagship brand which was earlier owned by future group, but now comes under reliance retail. Big Bazaar is a part of India’s household since a lot of time and has a lot of loyal customer base which still ensures that the brand is successful. It is one of the India’s most recognised retail chain and it offers apparel, electronics, groceries and it has always emerged as a brand, which is one stop solution for the families.
Investment- Investment can range anywhere between ₹25,00,000 to ₹45,00,000 depending upon the business model and the location.
Benefits
A. Extensive Product Range
B. Nationwide Approach
C. Affordability
Also Read: Top 10 Supermarket Franchises in India
Conclusion
These were the top five Best Supermarket Franchise chains that you can choose from along with their investment and their benefits. All these chains provide extensive support and can help you walk through success. If you have a streamlined approach along with operational efficiency, you can easily build a thriving business. By choosing the right franchise and implementing the correct strategic planning, you can easily focus on the growing demand of India’s retail sector and build a successful and profitable venture. You can easily choose, which is best for you according to your investment as well as the preferred location.
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