Big Bazaar is calling all the entrepreneurs & business enthusiastic people for Franchise businesses. Big Bazaar Franchise business may be your next goldmine. If you are willing to learn the Retail Business & love customer service, it’s for you.
Today we share the comprehensive details about the franchise business model of Big Bazaar (Future Group). For those dreaming of entrepreneurship, having a Big Bazaar franchise is a fantastic chance to enter the retail arena with a trusted and established brand.
Big Bazaar Franchise Business Overview
To embark on this entrepreneurial journey, it’s crucial to understand the prerequisites. Big Bazaar maintains certain eligibility criteria, and potential franchisees need to meet specific requirements.
The investment details and expected returns are also pivotal aspects that warrant careful consideration.
| Brand Name | Big Bazaar |
| Business Type | Retail/Trading |
| Industry | Retailing |
| Head Office | Mumbai |
| Franchise Tenure | 5 years |
Advantages of Owning a Big Bazaar Franchise
One of the most significant advantages is associating with an established brand and leveraging its market presence. Big Bazaar provides comprehensive support and training, ensuring franchisees are well-equipped to successfully navigate the retail landscape.
Business Format Of Big Bazaar
Big Bazaar has various business formats as per the location & area. You should understand the format of the retail store as per your availability of area & finance.
| Big Bazaar – Large Store | Above 45K Sqft Area |
| Mid-Size Store | 25K to 40K Sqft area |
| Smal Size Store | Upto 12K Sqft area |
Know The Franchise Cost & Fee Details
The Big Bazaar franchise operates as a supermarket with unit/shop areas ranging from 2000 to 5000 square feet.
The revenue-sharing arrangement for franchisees is approximately 92%, with a total investment ranging from Rs. 23 lakhs to Rs. 53 lakhs.
The return on investment (ROI) timeframe is estimated to be between 1.5 to 2.5 years.
| Franchise Fee | Approx. Rs.3 Lakhs |
| Infrastructure Investment | Rs.20 Lakhs – Rs. 50 Lakhs |
Franchise Registration Process
The complete registration process from start to end has more than 10 steps. Below is a table of the activity for your reference.
Each step is crucial when applying for a Big Bazaar Franchise in India.
| Step | Task |
|---|---|
| 1 | Research and Preparation |
| 2 | Contact Big Bazaar Franchise Department |
| 3 | Expression of Interest (EOI) |
| 4 | Application Form Submission |
| 5 | Documentation |
| 6 | Application Review |
| 7 | Meetings and Discussions |
| 8 | Background Check and Approval |
| 9 | Franchise Agreement |
| 10 | Signing and Training |
| 11 | Setting Up Your Franchise |
So, now that you have read all the above details carefully, you can start with the step with the required documents.
Important Documents Required for Franching Partner
To become a franchise partner, you require documents. All documents are mandatory, so before applying you must ensure you have all these documents available.
- Adhaar Card,
- Pan Card,
- Passport Size Photograph,
- Business Certificate,
- GST Certificate,
- Tax Statements,
- Financial Statements,
- Bank Details,
Big Bazaar Franchise Contact Details 2024
How do contacts become franchise business partners? Well, there are various ways to contact them. The official website has a dedicated business partner page, where you can easily apply for the franchise.
Moreover, below are the complete details about the Big Bazaar Franchise Contact Details.
| Contact | Details |
| Website | https://bigbazaar.com |
| Contact Number | 1800 266 2255 |
FAQ
What is Big Bazaar Franchise Cost in India?
The total cost is approx Rs.20 lac.
How Many Big Bazaar stores are in India?
There are more than 300 supermarket stores in India
Final Words
Big Bazaar franchise stands out as an alluring prospect for aspiring entrepreneurs seeking success in the retail industry. Boasting a well-established brand, attractive commission structures, and a reasonable investment spectrum, it offers a gateway to financial prosperity.
With a demonstrated history of success, inclusive support mechanisms, and a swift Return on Investment (ROI), the Big Bazaar franchise provides a distinctive opportunity to own and manage a thriving retail venture in India. For those prepared to embark on the retail journey, aligning with the Big Bazaar franchise offers a distinctive and gratifying route to entrepreneurial accomplishment.