Shipmart franchise is one of the biggest courier service Franchises in India. We will discuss Shipmart Franchise Cost, Profit, Review, and How to Start the franchise.
Starting in 2013, The franchise has 100+ outlets in India. The brand is known for its fast service and affordable pricing.
Table of Contents
Shipmart Franchise Cost
- Shipmart Franchise Cost ₹1,00,000 Rupees as an initial investment
- The Franchise Fee charged by the brand will be 50,000 Rupees
- The agreement will be for 5 years
- The minimum area required is 100 Square Feets
- The expected Return on Investment is 6 months.
Shipmart Franchise Profit
We will analyze the Shipmart 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 Shipmart 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 Shipmart 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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