Hello Guys, Today we will read about the Blinkit Franchise Business. If you want to start a business in e-commerce. Then, you can go for the Blinkit franchise. It is the best decision for you and your upcoming future. In this post, we will talk about the total investment of a Blinkit franchise, Blinkit franchise Profit or loss, Space required for the Blinkit franchise, and more about how to get a Blink franchise in India in 2023.
Company Details of Blinkit
The Blinkit brand was started on 27 Dec 2013 by Albinder Dhindsa and Saurabh Kumar. Blinkit was established on 27 Dec 2013 in Gurgaon, Haryana, India.
| Website:- | https://blinkit.com/ |
| Founders:- | Albinder Dhindsa and Saurabh Kumar |
| Headquarters:- | Gurgaon, Haryana, India |
| Product:- | Groceries, Electronics, Stationery & Pet care products |
| Industry:- | e-commerce |
| CEO:- | Albinder Dhindsa |
Products of Blinkit
- Groceries
- Bakery items
- Personal care products
- Pet care products
- Electronics
- Home and office supplies
- Etc
Benefits of the Blinkit franchise
Blinkit is a popular E-Commerce Franchise in India that delivers orders within 15-30 minutes in over 40 different Cities of India. There are several benefits to owning a Blinkit franchise. Blinkit is one of the trusted and low-cost investment Businesses in E-Commerce. You will get a 100 % guarantee of earning with a good return on investment.
- Blinkit is one of the largest E-Commerce chains in India.
- Blinkit is one of the leading brands and has further than 400 stores in India.
- In India, there are more than 400 Stores in 25 different metropolises.
- The company provides all types of marketing and promotional support to the ballot.
Requirements for a Blinkit franchise
- Area requirements:- To open a Blinkit store Franchise you want a minimum area is 2000-4000 square feet.
- Employer’s requirements:- You need minimum 8 Employers to operate your store.
- To be Financially strong to invest in the business, Should have basic knowledge of the business.
Eligibility for a Blinkit franchise
- The owner should follow all terms and conditions of Blinkit company.
- You must have proper money Investment to open this franchise.
- Must have a proper space in a good location for the outlet.
- The owner must have knowledge of running an outlet.
- Applicant should be more than 21 years old.
Blinkit Franchise Cost in India
The cost of a Blinkit franchise depends on many factors like a franchise fee, location, size of the shop, equipment required and etc. According to Blinkit, the total investment is approximately Rs. 5 Lakhs to Rs. 20 Lakhs.
- Franchise Fee:- The franchise cost of a Blinkit franchise is Rs. 3 lakhs in India.
- Investment in Store:- The Investment in setting up the store Blinkit is Rs. 5 lakhs to Rs. 8 Lakhs, depending on location in India. It includes the cost of equipment, and furniture, and the investment depends on store size and structure.
- Security Deposit:- The Security Deposit depends on the shop’s location.
- Working capital:- The staff salaries, cost of inventory, and other operational expenses.
Space Required for Blinkit Outlet
Blinkit store space depends on the size of the store. A minimum space of 2000-4000 square feet space is needed to start the Blinkit franchise. If you taking a store on rent then remember the rent of a store in a prime location may be too high.
Documents & Licence
- First, you have to Register your Business with the (Roc) Registrar of Companies and get your certificate of incorporation.
- ID Proof:- Aadhaar Card and Pan Card.
- Address Proof:- Ration Card, Electricity Bill.
- Bank Account with Passbook.
- Photo, Email ID, Phone Number.
- Fire safety certificate.
- GST Number.
- Standard franchise agreement.
- Rental agreement.
- In the end, you’ll need to obtain insurance coverage for your business.
Blinkit Franchise Profits and Margin:
Blinkit is one of the largest E-Commerce chains in India and it’s on trending nowadays. In the future, Blinkit can be the First largest E-Commerce brand in India. So, Everyone wants to take a franchise of Blinkit but they have only one question what will the Profits and Margin of Blinkit? So, today we will clarify the margin and profit of Blinkit.
A Blinkit franchise can generate a net profit margin of 5% to 10%. This means that for every Rs 100 in deals, a franchisee can anticipate earning Rs 5 to Rs 10 in net profit. According to assiduity estimates, the average ROI for a Blinkit in India is around 18-24 months. This means that a franchisee can anticipate to break indeed and start earning gains after around 1.5- 2 times of operation.
How to apply for the Blinkit Franchise in India?
- First, you have to go to the official site of Blinkit India.
- https://blinkit.com/
- Then click on the “contact us” tab and send a request for a callback.
- Contact and meet the local Blinkit Field Development Agent.
- Carefully read all the agreements before doing any signatures.
- After all the processes pay the franchise fee.
- then you will owner of the Blinkit franchise.
Blinkit Franchise Contact Details
If you are getting any issues or you want to take a franchise Blinkit then you can contact them from here. All details are mentioned below:-
Address: F3P8+CJX, Sarhaul, Sector 18, Gurugram, Sarhol, Haryana 122022
Website: https://blinkit.com/
Email ID: [email protected]
Frequently Asked Questions of Blinkit:
Q 1. What is a Blinkit franchise?
Ans : Blinkit is a popular E-Commerce Franchise in India that delivers orders within 15-30 minutes in over 40 different Cities of India. There are several benefits to owning a Blinkit franchise. Blinkit is one of the trusted and low-cost investment Businesses in E-Commerce.
Q 2. What is the cost of a Blinkit franchise in India?
Ans The cost of a Blinkit franchise in India is approximately Rs. 5 Lakhs to Rs. 20 Lakhs.
Q 3. How to open a Blinkit franchise?
Ans : First you have a good investment and patience. Then, some criteria like the need for all documents and the need for space for opening. After this fill out the form and wait 2 days. You”ll get a call back from Blinkit. then confirm all the detail and pay the franchise fee and start your business.
Q 4. Is Blinkit a successful franchise?
Ans : Yes, it is a successful franchise at the present time. lots of people want to take the Blinkit franchises but they can’t take it due to financial issues. it is based on the E-commerce system and business is going in trending nowadays.
Q 5. Who is the Founder of Blinkit?
Ans : Albinder Dhindsa is the Founder of Blinkit.
We wish you got all information about the Blinkit. if you think that some more topics can add or you have your issue then you can comment down| mail us. you can grow with businessuniqueidea. Thanks for visiting our Blog. Have a nice day.
