If you want to start a US Dollar franchise in India, then you are in the right place. Here we are going to discuss requirements, rate of interest, cost of investment, and contact details to buy a dollar store franchise business in India.
It was first started in New Delhi in 2004. Us Dollar is a retail store business like a variety store having food, health products, auto accessories, beverages, home products, gifts, etc. they are finding enthusiastic, motivated entrepreneurs along with sound financial and business qualifications.
In exchange, you will get many benefits-
- Awesome sales margin of about 25%-50%
- Globally proven business system
- in a very short period of time, a 100% success ratio
- Long technical training and ongoing support
- Attractive loan facility
US dollar stores are very easy to handle and operate. With less overhead, one can produce a good profit. This franchise includes-
- Training in-store operations, merchandising, employee policies & and in other aspects
- Helps you to select your store location
- Supports in every advertisement
- Helps you to stock and restock
Where to set up stores in India?
In India starting a US dollar store gives you a great opportunity to earn money. In any business, the location is the most important. So choosing the right location is very important. Mostly in all the states of India, you can start this business.
Read: Top Retail Franchise Opportunities in India
In North India– Delhi, Haryana, Jammu and Kashmir, Uttarakhand, Punjab, Uttar Pradesh
In South India– Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
In East India – Assam, Meghalaya, Tripura, Arunachal Pradesh, Mizoram, Manipur, Nagaland, Sikkim, West Bengal, Odissa
In West India – Gujarat, Rajasthan, Goa, Maharashtra
In Central India – Chattisgarh, Madhya Pradesh, Bihar, Jharkhand
Indian Territories – Pondicherry, Chandigarh, Daman, Diu, Lakshadeep
Cost of Investment for us dollar store in India
The cost of investment depends upon the location and hence it varies from place to place. Its franchise fee has an estimated cost of about 6 – 8 lacs. If your store’s area is about 800-1000 per sq ft, its interior will cost around 9-11 lacs. The total amount will be about 20- 25 lacs.
What is the Area Required to Start a Dollar Store in India?
The minimum space required is around 100-1000 per sq ft. According to the area, you can choose whichever type of stores like supermarket, Residential, commercial, or mall.
Rate of Interest
The rate of interest in one year is about 25% which is a good payback return according to the investment.
Contact Details
Nanson Overseas Pvt. Ltd.
Mr. Gautam Sahni
Fax: +91-11-41437633
Mobile: +91-9810007165
Email: g.sahni@usdollarstore.org,
Email: gautam@nansonoverseas.com
W-19, Greater Kailash- II,
New Delhi-110048
INDIA
Rupak Chakrabarty
Rupak is the founder of MUVSI. He is a small business consultant by profession. His mission is to make people know how to make money and understand personal finance for a better living.