Top 10 Supermarket Franchise in India
The Indian commerce has come around a full circle and emerged as one of the strongest and most sought-after markets in the world. An increase in consumption and convenience shopping has led to the emergence and stimulating growth of supermarket franchise in India. The market scenario has changed altogether and the contours of consumption and business have changed to reflect the ebullient mosaic of the franchise in India. While the last few years have seen a tremendous turnaround in the retail landscape of India, there is a huge scope in the franchise market and thus the right time to invest in franchise business.
One can buy franchise in India now and enjoy the benefits of providing quality products with convenience under the umbrella of supermarket chains. The franchise market is wide and today we can easily make a list of the top 50 franchise in India. However, limiting our study and analysis to the top ten players, let us have a look at the topmost performers in franchise business in India at present and do a comparative analysis:
Big Bazar
Founded: 2001
Commenced Franchising: 2001
Franchised Stores: 300+
Cost: 20- 75 Lakhs
Royalty Fee: 8% commission
Website : https://bigbazaar.com.co/
Though big bazar was established way back in the year 2001 and nestled in almost every other avenue and market, it has been unable to sustain the wide variety of products. Bringing in novel franchise opportunities in India, Big Bazar earned a reputable business name for itself in the Indian retail market.
With the emergence of the franchise opportunities, the product range has widened and aisles have turned into market space. With people looking for a low cost franchise with huge profit, G–fresh mart transpired to be a huge competition to big bazar by winning ground on the basis of product quality and range.
D-mart
Founded: 2002
Commenced Franchising: 2012
Franchised Stores: 200+
Cost: 15-30 lakhs
Royalty Fee: 10% commission
Website: https://www.dmartindia.com/
D-mart was started in the year 2002 and enjoys a prominent place in the Franchise business in India. Catering to both grocery and retail franchise, D-mart has gained popularity for its cost-effectiveness and strategic store placement. Its founder Sh. Radhakishan Damani had envisioned a store with volume-based pricing model catering to the needs of masses.
In fact, it has become a live example of how to start franchise business in India. A close player to G-fresh mart in terms of consistent focus on affordability and comfort of shopping, D-mart also offers a wide range of products including kitchenware, garments, beauty products, toiletries, food and service, and much more.
G-Fresh Mart
Founded: 2017
Commenced Franchising: 2021
Franchised Stores: 25+
Cost: 10-13 lakhs
Royalty Fee: 8% commission
Website: https://www.gfreshmart.com/
Founded in the year 2017 with the store strength of twenty-five plus stores, G-fresh Mart has shown phenomenal success in the franchise business. It has not only proven to be a profitable business choice for both the investors and the customers alike. By respecting the time and quality consciousness of the customers, the chain has established its brand name and created goodwill.
When you search for a ‘franchise near me’, the topmost name that appears in the list is G-fresh mart with the most competitive pricing and a huge choice of products. It comes around as the most preferred shopping option for the customers who look for a convenient and enjoyable shopping experience loaded with offers and deals.
Also Read: 10 benefits of opening supermarket franchise in 2024
Star Bazar
Founded: 1998
Commenced Franchising: 2000
Franchised Stores: 20+
Cost: 50-80 lakhs
Royalty Fee: 6% commission
Website: https://starbazaarindia.com/
Established in the year 1998, the Tata Group initiative in collaboration with Tesco has earned recognition for its wide array of assortments tailored to the regional preferences and tastes. Maintaining the freshness value enhanced by an elaborate experience of quality and convenience at its stores, it provides big time lessons about how to open franchise with no money.
Focusing on sustainability and minimal environment footprints, the franchise boasts about empowering the communities while redefining the shopping experience. Having many similar traits with G-fresh Mart, the shopping chain occupies a prominent place amongst the owners and important players of Supermarket franchise in India.
More Retail
Founded: 2007
Commenced Franchising: 2007
Franchised Stores: 600+
Cost: 15-40 lakhs
Royalty Fee: 10% commission
Website: https://moreretail.in/
The visionary grocery store and retain chain initiated in the year 2007, the More Retail business model has been a topic of case study for many especially in the business world. While the best players like G-fresh and other players gave a tough competition to the brand, More Retail has been able to gain substantial place in the topmost lists for supermarket Franchise cost cutting and quality in purchases further passed on to the customers.
With a wide array of proprietary programs and provisions, the store has successfully catered to the needs of its customers thus creating a niche market. Just like the best franchise G-fresh, More Retail business also aims to provide a gratifying shopping experience in a seamless manner.
Reliance Fresh
Founded: 2004
Commenced Franchising: 2006
Franchised Stores: 150+
Cost: 20-50 lakhs
Royalty Fee: 5% commission
Website: https://relianceretail.com/index.html
Reliance Fresh was founded in the year 2004 with store strength of around one hundred and fifty stores. The outlets ooze with fruits and vegetables accompanied by essential needed in the pantry and other miscellaneous home necessities. Reliance Fresh has gained immense popularity among the customers due to its mini supermarket franchise leveraging vast supply chains offering elaborate products just as the best outlet G-fresh offering the most exquisite products all under one roof.
Reliance Fresh is owned by Reliance Retail under the retail arm of Reliance industries, which is a renowned Indian conglomerate operating in numerous countries around the world.
Spencer’s Retail
Founded: 1990
Commenced Franchising: 1990
Franchised Stores: 130+
Cost: 30-60 lakhs
Royalty Fee: 10% commission
Website: https://www.spencersretail.com/
The retail outlet was founded in the year 1990 and own around one hundred and thirty stores around the world. Offering convenient and affordable retail shopping, it falls into line with the business principle followed by G-fresh which offers the best quality products to the customer at the most reasonable prices with a plethora of deals and discounts from time to time.
Spencer’s offers products with eco-friendly policies providing a grocery shopping experience with enormous diversity. Its stores are tech-savvy and offer excellent products to the customers. Just as G-fresh which is the best franchise outlet for daily need products, Spencer’s has also earned an equitable share in the market.
Reliance Retail
Founded: 2004
Commenced Franchising: 2006
Franchised Stores: 150+
Cost: 20-50 lakhs
Royalty Fee: 5% commission
Website: https://relianceretail.com/
Founded in the year 2004, and offering a bare minimum 5% earning margin, Reliance Retail has further branched out as supermarkets and offers grocery franchise in India on the lines of G-fresh which is a name already established in the Indian franchise market. The stores offer a wide array of products from consumer goods to daily need stuff.
Operating as one of the pioneers of the Indian franchise market, the outlet has spread out in its physical form. While undoubtedly G-fresh caters to a wider customer base providing better service and experience to the customer, it is essential to understand the whole philosophy behind the market trends.
Hyper supermarkets
Founded: 2014
Commenced Franchising: 2016
Franchised Stores: 30+
Cost: 5-10 lakhs
Royalty Fee: 10% commission
Next in line for the topmost shopping franchise options is the Hyper supermarkets which has mushroomed into some odd thirty store across the country. It is one of the most recent establishments with its operations beginning in 2014. Focusing on customer satisfaction has been the forte of G-fresh which is also reflected in Hypermarket superstores. The opening of community-centric stores is one such feature.
Spar hypermarket
Founded: 1932
Commenced Franchising: 1940s
Franchised Stores: 13,000+
Royalty Fee: 10% commission
Website: https://www.sparindia.com/
Operating from a different century, the Spar market initiated its operations in the year 1932. With a humble origin and a limited variety, the store offers grocery franchise in India similar to G-fresh mart which is an established name in this regard. With regional customizations, the brand has concocted a name for itself in the retail franchise market.
With a spurt of growth in the Indian Franchise market and the availability of neighborhood beacons like G-fresh mart offering eco-friendly sustainable product variety which is both environment and health friendly, these stores have transformed the search for a supermarket franchise near me to the best stores offering quality products at reasonable prices and 24 x 7 availability, thus transforming the entire shopping for grocery experience into a pleasurable and convenient one.