Franchise Owned Company Operated FOCO Model Requirement: Smart Market Franchise
Supermarket is mega store retail chain of NV Shoppe in India. All the product related to lifestyle, human basic need, personal care, home care is available here in this market.
BEAR BY FRANCHISE
Rs. 2,75,000/-+ Gst
Rs. 600/- per sq./ft + GST
5years
Franchise
FOCO Model
OUTLET STORES
COMPANY’S WORK
Company will pay the rent of the store or Rs.50/- per sqft maximum. Company will pay electricity bill of the super market franchise.
Company will pay salary of all staff working in supermarket franchise.
Company will bear all the operational and petty expenses.
Company will do the marketing, promotion and advertisement of the supermarket franchise to boost up the sale in the store.
Company will display a wide range of sale able products in the store.
Company will do the interior of the supermarket store.
CALCULATION OF INCOME
Company will pay 10% commission on total monthly sales generated in the same supermarket store.
Company will pay Rs, 20,000 to the supermarket franchise if he appoints a new FOCO model franchise
CALCULATION OF INCOME
Let’s take an example of 1000Sqft area of Smart Market Franchise:
A. Per month Approximate Sales Rs.15 lac per month (Per Day Rs.50000)
B. Commission on monthly Sale is 10%Total IncomeRs.1,50,000/
CALCULATION OF INCOME FROM FOCO MODEL SUPERMARKET FRANCHISE
1. Income on total Monthly Sales 10% Commission Rs.1, 50,000/- PM
2.Lock in Period 5Years
3.Rent Rs.50/- Sqft (MAX)
NV Shoppe FOCO Model - Smart Market Franchise
Franchise
FOCO Model
OUTLET STORES
