Elbex franchise is the biggest courier service Franchise in India. We will discuss Elbex Franchise Cost, Profit, Review, and How to Start the franchise.
Started in 2015, The franchise has 100+ outlets in India. The brand is known for it’s fast service and affordable pricing.
Elbex Franchise Cost
- Elbex Franchise Cost ₹2,00,000 Rupees as an initial investment
- The Franchise Fee charged by the brand will be 1,00,000 Rupees on Sales
- The Royalty charged by the brand will be 8% on Sales
- The agreement will be for 5 years
- The minimum area required is 250 Square Feets
- The expected Return on Investment is 1 year.
Elbex Franchise Profit
We will analyze the Elbex Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming the franchisee model of delivery with a daily business of 30 customers.
We can conclude that the Profit Margin of the Elbex Franchise is 20% of the amount paid by per customer.
The outlet may have less profits in the initial days but the store will gain high popularity eventually and will have great demand in the market.
After good Local Marketing and Branding, the number of customers will increase to 50 per day and the profit margin will be 20% per customer or 60,000 Rupees profit per month.
Location is crucial in determining a franchise’s success rate along with quality and service.
The location should have a very high footfall. It should be in the main market of that area. A corner outlet is the most preferable option.
You can open the outlet nearby colleges, corporates, or any place where young people love to have courier services.
How to get Elbex Franchise?
To get the Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best-
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