Bigdeal Supermart Franchise Guide: Costs, Profit Margins & Steps to Start

The Bigdeal Supermart franchise presents a promising business opportunity for hopeful business owners who wish to enter the retail industry. 

Because of its already-known brand, its wide range of products, and its flexible business model, BigDeal has emerged as many people’s first choice for starting a grocery store business that is very likely to succeed in India. 

The supermarket sector is on the rise, and thanks to the intervention from BigDeal’s creative strategies, shopping for groceries has become a fun affair for customers while also handing the owners all the tools to flourish.

About the Brand and Product

Historical Background and Origins

The concept of the Bigdeal Supermart franchise was moulded around the idea of establishing a grocery store that offers more than just grocery items. 

It seeks to create an environment that supports communal bonding. 

The founders, who have fond childhood reminiscences of neighbourhood bazaars, sought to establish a haven that provides a captive audience to its users and sells experiences and fresh produce at lower rates.

To begin with, the Bigdeal Supermart franchise has evolved from just a simple little store within a community into one of the major retail players in the Indian market with many product offerings for different market segments. 

With a passion for quality, service, and low prices, BigDeal has managed to rise to the top of the supermarket business.

Key Milestones

• Establishment: The idea of BigDeal supermarket came into being to provide a variety of grocery products at reasonable prices keeping in mind the middle-class families.

• Expansion: Over the years, BigDeal has grown into many centres owing to the increase in the one-stop shopping destinations.

• Franchise Launch: BigDeal supermarket opened franchises to let other businessmen establish and develop enterprises bearing the namesake trusted brand.

• Ongoing Growth: Today, BigDeal supermarket is still growing as it introduces franchises in various parts of India every other year and is currently the fastest-growing chain of supermarkets in the country.

Current Market Presence

With multiple locations across India, BigDeal supermarket provides a variety of goods and services to meet the needs of the local population. 

To make sure that there is always fresh and quality products available on their shelves, BigDeal sources its products from local farmers and craftsmen. 

The increasing need for both basic commodities and luxurious ones has gained the loyalty of consumers towards the BigDeal brand as a retailing company.

Also read: Gfresh Mart Franchise- How to Apply Cost, Profit & Margin

Key Details of the Franchise

Brand Name and Industry

BigDeal supermarket Franchise has been launched under the existing franchise of BigDeal – one of the most renowned names in the grocery and retail sector. 

As an owner, you will enjoy the mother brand’s reputation and domestic clientele.

Investment Range, Franchise Costs, and Requirements

In India, the investment required to start up a BigDeal supermarket Franchise cost can fluctuate between INR 10 Lakhs to INR 50 Lakhs depending on such factors as size, location, and nature of the store.

The BigDeal supermarket Franchise profit margin comes with a decent amount ranging between 15-20% most of the time.

Product and Brand Range

Overview of Product Offerings

The BigDeal supermarket Franchise presents a comprehensive assortment of products to cater to the daily needs of all its consumers:

• Fresh Produce: Includes fresh fruits, vegetables, and several organic foods.
• Groceries: Such as rice, pulses, flour, oils, snacks, drinks, etc.
• Home Essentials: House care items, bathroom items, cutleries and more.
• Personal Care: Cosmetic and sanitary utility products.
• Health and Nutrition: Foods omnifit, health boosters, and natural alternatives.
• Frozen and Cooked Meals: For the always-on-the-go kinds with a huge hygienic finish. 

Unique Selling Points (USPs)

• Recognized Brand: With BigDeal’s brand equity in choosing a franchise, a franchise can attract customers in record time.
• Wide Range of Goods: Providing for the basic needs of consumers and catering for their special needs makes it difficult for this type of business to lose customers.
• The flexibility of the Store Model: owners can modify the design and content of their stores yet adhere to proven standards of effectiveness.
• Customer Focus: BigDeal conducts several activities including local events and offers promotions which enhance customer loyalty in a bid to draw close relations with members of the community.
• Assistance and Learning: Franchise support and ongoing training programs incorporate the latest in the industry in the owner day to day-to-day operations.

Bigdeal Supermart Franchise Models

The Bigdeal Supermart franchise provides a variety of franchise formats allowing businesspersons to choose one that fits their operational needs best:

 1. Express Store Model

This is a small, high-visibility outlet – eg within a mall, city centre or residential area. The Express Store has a narrow range of products and is thus intended for busy customers.

 2. Standard Store Model

This is a medium-sized fully stocked supermarket that provides a variety of products and services to a wide range of consumers.

This is the most suitable model for use in both the suburbs and the semi-urban cities.

3. Large Format Store Model

This is the all-in-one supermarket that carries a large range of grocery items, fresh food, over the counter as well as household items.

This model fits in well in the urban areas with a high population and high customer inflow.

Cost Breakdown of Bigdeal Supermart Franchise

Starting a BigDeal Supermart franchise cost has various elements – the initial franchise fee, the cost of setting up the store, the cost of purchasing inventory, and other day-to-day running costs. 

• Franchise Fee: Rs. 2 Lakh – Rs. 5 Lakh 
• Store Setup Costs: Rs. 4 Lakh – Rs. 20 Lakh 
• Initial Inventory: Rs. 2 Lakh – Rs. 10 Lakh 
• Staffing and Training: Rs. 1 Lakh – Rs. 3 Lakhs 
• Marketing and Promotions: Rs. 50,000- Rs. 1 lakh 

All in all, the capitalization needed to start a BigDeal Supermart Franchise normally ranges between INR 10 Lakhs and INR 50 Lakhs subject to the model and location. 

Check out this: Top 10 Supermarket Franchises in India

Profit Margin and ROI of Bigdeal Supermart Franchise

The profitability of an owner may range between 15-20% depending on store size, geographical location, and the management effectiveness of each franchise unit.

The BigDeal Supermart franchise profit margin may range between ₹1,50,000 and ₹3,00,000.

Due to the growing trend of grocery purchases and the potential market, most owners are likely to turn a profit within their 12 to 18-month window of expenses, after which they should be making a profit consistently.

Space Requirements for Bigdeal Supermart Franchise

Each BigDeal Supermart franchise model has its space requirements:

• Express Store: Needs an area ranging from 500 to 800 sq. ft.
• Standard Store: Needs an area ranging from 1,000 to 1,500 sq. ft.
• Large Format Store: Needs an area ranging from 2,000 to 3,000 sq. ft.

The space needed for each model depends on the size and scale of the franchise, allowing for customized options that can maximize profitability and customer reach.

Additional parameters when choosing a location include foot traffic, how close the site is to residential buildings and the presence of parking spaces to enhance customer satisfaction Levels.

 Benefits of the Franchise Investment

• Brand Recognition: BigDeal’s well-established brand enables the owner to if not completely buy a good percentage of their target customers within the shortest time possible.
• Wide Product Range: From fruits and vegetables to beauty care products, BigDeal caters for a wide range of customers.
• Support and Training: owners are provided with regular, advanced training and management assistance that ensures their business operations remain by industry standards.
• High-Profit Potential: Due to the existing infrastructure and proven business plan, profitability and the return on investment can be realized within a short time by the owner.
• Community Engagement: BigDeal holds different activities and shares promotions in the local region thereby enhancing the loyalty of customers towards the store.

Comparative Analysis: Other Brands in India

Big Bazaar

• An older and well-sampled millennial brand 
• Popular for its extreme discounts, “Sabse Sasta Din
• Has a range of products from food to clothing and even electronics
• Hefty spending on major flagship stores

Reliance Fresh

• Great focus on vegetables and the quality of their commodities.
• The available product range is upper-class compared to other players in the market.
• Franchisees have to meet higher investment requirements, usually above INR 50 Lakhs.
• Offers a more up-market retailing environment.

D-Mart

• Ability to sell products at very low prices and streamline all operations.
• Advertising is very little or absent; rather it uses mouth advertising.
• This is a low-priced offering experience of supermarkets.

More Supermarket

• Its target market includes the rich clientele who go for imported and high-end goods.
• Investment requirements are very high considering the standard and quality of goods and services.

Documents Required for Bigdeal Supermart Franchise Setup

To apply for the BigDeal supermart Franchise, you will need to submit the following documents:

• Proof of Identity (e.g., Aadhaar, PAN, Passport)
• Proof of Address (for example, municipal bills, housing lease, etc. )
• Certificate of Incorporation (for corporations or LLPs )
• Proof of Financial Capability (bank statements, tax filings)
• GST Certificate (if applicable)
• Real Estate Documents (deeds of ownership or NOC from the property owner)
• Images (of the intended site for the business)

How to Apply for the Bigdeal Supermart Franchise

Here is a step-by-step guide  to apply for the BigDeal supermarket Franchise:

Step 1: Initial Prospecting

Go to the BigDeal supermarket website or reach out to the relevant authority to declare your intention.

Step 2: Fill Out Application

Fill in the application form and attach all necessary documents.

Step 3: Location Assessment

A site survey will be carried out by BigDeal for the assessment of the designated area for the franchise.

Step 4: Franchise Agreement

Upon approval of the location, the franchise agreement which defines the obligations house will be signed.

Step 5: Store Setup and Staff Training

Following the signing of the agreement, BigDeal will help you with store establishment, managing stocks and training personnel.

Step 6: Launch

When the store is ready, you can commence the Business Management and Operations of a BigDeal supermarket Franchise with the assistance of the Franchise’s management and marketing team.

 Frequently Asked Questions

1. What is the minimum investment to open a BigDeal Supermart franchise?

Investment costs start from INR 10 Lakhs and can go up to INR 50 Lakhs depending on the model and site.

2. What duration does it take to set up a BigDeal supermart Franchise?

A franchise can be set up in about 45 days, thus rather a quick turnaround.

3. Will there be any training and support that I will have access to?

BigDeal provides training for the owners and their employees as well as support to facilitate their operations.

4. What are the profit margins I should expect?

The profit margins go from 15 % up to 20 % with a monthly earning of around ₹2,00,000 for the owners.

5. Is it possible to design the BigDeal store as I want?

The Store Builder Model by BigDeal is a customizable model that enables you to build your store within the clauses of the brand.

Conclusion

The BigDeal Supermart franchise provides an alluring prospect for all those business-minded individuals who wish to venture into the multi-faceted and rapidly developing Indian retail market.

Simple business model, superb earning prospects, trusted brand support – BigDeal has all the tools required for the successful operation of a grocery retail business.

Investing in a BigDeal Supermart franchise helps you guarantee a profitable future and join a community-sustaining business focused on quality and service for all its members.