Before starting any business venture, it is only fair that businessmen know what they are getting into and that includes knowing the exact investment cost and profit margin. Here’s what you need to know to start your own Patanjali franchise business:
Start with a low-cost investment:
The cash investment to start a Patanjali franchise cost a minimum of 7 lakhs to a maximum of 70 lakhs so anyone who is interested can start the franchise at the minimum cost of 7 lakhs.
How much profit can you earn?
The number of Patanjali franchisees is currently 5000, and the retailers who have acquired these franchisees state that their daily revenue is Rs. 25,000. All Patanjali product categories have 15% gross profit margins as a result.
How to take a Patanjali franchise?
Before March 2017, Patanjali intends to open 1000 additional locations throughout India. If you want to open a franchise, have the following ready and apply for a distributorship with Patanjali right away.
Shop area requirement: 300 square feet to 2000 square feet area is required to open a Patanjali franchise shop. A demand draft with the amount of Rs. 5 lakhs (2.5 lakh each in the names of Divya Pharmacy and Patanjali Ayurved Ltd., Haridwar) is required as a security deposit that is refundable.
Only "A" Class cities with prime locations or the main Bazar will receive a Patanjali Mega Store. Megastores should be at least one kilometer away from Patanjali Chikitsalaya.
A copy of the sales registration, the ownership or rent deed for the megastore, six passport-sized photos, a pan card, five to six photographs of the applicant's location, identity and address verification, and other documents must be submitted with the application. To know more about the Patanjali franchise business, please leave your questions in the comment section below.
