Store 99 2c72a
This document was ed by and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this report form. Report 3i3n4
Overview 26281t
& View Store 99 as PDF for free.
More details 6y5l6z
- Words: 1,534
- Pages: 19
Ninety Nine General Retail Pvt. Ltd. D-169, Phase – 1, Okhla Industrial Area, New Delhi –110020 Phone: +91-11-47366100 www.store99.co.in
Store99 has identified Retail Business as a thrust area and has imbibed a Vision Statement to follow its dreams. Its Vision is an overriding idea focused towards positioning the future of the company in Retail Industry serving as a blueprint for the development of brand Store99.
Be a part of the success
"To become the most valuable Retailer in the Industry” The Vision embodies quality, character and value. The Company encomes „ Maximum value delivery to their share holders, associates and to the Industry".
Franchise
Vision
Services and Products: Should be of good quality, the very best we can
Customers and Clients: They are the foundation of NNGR; our only true asset is our ability to service them. In all our dealings, we will be honest, truthful and strive to serve their best interest.
Employees and Associates: We respect them as fellow human beings and their right of self determination in achieving their own career objectives. We shall never regard people as objects to be used for the purpose of Management. To the best of our ability, we shall afford those associated with us, a career opportunity where their personal objectives may be reached.
Competition: Store99 does not compete with those who serve. We endorse their efforts and seek only to cooperate. Competition, if any, comes from those who mislead, misguide or take undue advantage of customers.
Profit: Store99
believes in making fair and honest profit. The continuation of our business and its ability to fulfill its purpose is dependent upon profit. We refuse to deal with any product or project on an unprofitable basis.
Be a part of the success
provide. We refuse to offer a product or service in which we do not believe and cannot take personal pride, that is why products at Store99 go through a rigorous quality check before getting a Store99 label. We will always offer maximum value for every rupee spent by our customers.
Franchise
Mission
Franchise
Be a part of the success
Under the Brand Name STORE99 has planned a NATIONAL ROLL OUT of Franchisee Stores We are inviting franchisee business enquiry from individuals, entrepreneurs and corporate houses who would like to share our success in franchise business
What is the Value Proposition?
Store99 believes in creating utilitarian products combined with uniqueness and style to fulfill customer requirements with value in price. We consider ourselves as the best industry player and are able to provide products 20%-40% cheaper than what the market.
What is the Concept?
The concept encoming affordability, variety, product design and quality of our products is well known among our customers. Just one visit to our store is sure to see them amazed at such an easy solution to all their needs under a single roof. There is something for all at our store irrespective of age, sex and social class.
Be a part of the success
Store99, a new concept in consumer friendly retailing was launched in 2007 with a view to offer products that are inexpensive with a high level of consumer demand. From a single store two years ago, we have grown to more than 29 stores under the brand name Store99, offering more than 5000 products, mostly at 4 price points: Rs. 29, 49, 79 & 99.
Franchise
What is Store99?
Concept
•Delhi •Uttar Pradesh •Uttrakhand •Punjab •Haryana •Rajasthan •Jammu
•Madhya Pradesh •Chhattisgarh •Gujarat •Bihar •Jharkhand •West Bengal
Be a part of the success
Expansion Plans:
Franchise
Company Roll-Out Plan
Franchise
• Space requirement of 1000-2000 Sq. Ft. trading area, owned or leased • Should have the financial ability to invest between 15 – 20 Lac rupees, depending on the size of the store • Should meet the regulatory requirements such as VAT, PAN, TIN #, etc. • Aptitude of being a part of the “Organized Retail”
Be a part of the success
Pre-requisites for a Store99 Franchise
1000 (Sq Ft)
1500 (Sq Ft)
Format
Express Model
Unit Franchise
FRANCHISE FEES
3,00,000
3,00,000
FURNITURE AND FIXTURE @ Rs. 400/sq. ft AC, Shelves, Lights, fans, computer etc.
4,00,000
6,00,000
Inventory Stock Merchandise @ Rs. 800/sq. ft
8,00,000
12,00,000
Total Investment
15,00,000
21,00,000
*The investment will depend on the area size. * There will be 38% margin (before VAT) on Mark up Price * The franchise fee‟s will be one time for lifetime and Non-Refundable
Be a part of the success
Store Size
Franchise
Initial Investment
1000 Sq. ft
1500 Sq. ft.
Monthly
City A
City B
City C
City A
City B
City C
Property
1,50,000
1,00,000
75,000
2,00,000
1,30,000
1,00,000
Electricity
10,000
8,000
6,000
10,000
10,000
10,000
Manpower
25,000
20,000
15,000
45,000
30,000
20,000
Transport
10,000
8,000
8,000
10,000
10,000
10,000
Misc
2,500
2,500
2,500
5,000
5,000
5,000
Telephone
1,000
1,000
1,000
1,000
1,000
1,000
1,98,500
1,39,500
1,07,500
2,71,000
1,86,000
1,46,000
Total Cost
Be a part of the success
Size
Franchise
Operational Expenses
1000 Sq. ft
1500 Sq. ft.
Be a part of the success
Size Monthly
City A
City B
City C
City A
City B
City C
Sale
10,00,000
8,00,000
6,00,000
15,00,000
12,00,000
10,00,000
Operational Cost
1,98,500
1,39,500
1,07,500
2,71,000
1,86,000
1,46,000
VAT (8%)
80,000
64,000
48,000
1,20,000
96,000
80,000
Margin (38%)
3,80,000
3,04,000
2,28,000
5,70,000
4,56,000
3,80,000
Net Profit
1,01,500
1,00,500
72,500
1,79,000
1,74,000
1,54,000
* Return on Investment will be achieved within 15 – 20 months
Franchise
ROI Model
Bonus Plan • New Franchisee If Initial Stock exceeds Rs. 10 Lacs – 1% extra discount at time of Launch Rs. 6000 free gifts will be provided for distribution (if above case fulfill) Sales Targets – Ongoing Franchisee • On achieving Target – 0.5% of total sales as incentive Marketing • 1 time/month – leaflet distribution in local area • Ready leaflets will be provided by the company • Cost to be borne by franchise.
Be a part of the success
Operations: For day to day operations and better productivity of our franchise partners, we do various reporting systems like • DSR – Daily Sales Report • Inventory Update and Management • Employee of the month report
Franchise
Company
Exchange Policy
Company provides: • Brand name “STORE99”
• • • • • • • • • •
Branding Inside & outside the store Marketing Activity at the time of Launch. Assistance in selecting and finalizing location Intensive training to the Franchisee Effective advertising and marketing Assistance in hiring the store staff On-going operation & management Carry bags & Billing rolls by Franchisor on the basis of sales Software Uniform for the staff
Be a part of the success
For damage or slow moving items: • Exchange – 10% of monthly sale @ 0% discount • Balance Exchange – Any amount @ 10% Discount on return. * (Handling Fee Rs. 2000/- extra)
Franchise
Company
• Please fill the Application Form enclosed in capital letters and send it to us with store drawing and photographs • You have to attach a Cheque/DD of Rs. 1 lac in favour of “Ninety Nine General Retail Pvt. Ltd.” as token money towards evaluating your site • We will evaluate your form and proceed
Step 2 • A team of Business Development & Retail will visit your site
• Upon their due approval, you will be called for final discussion and agreement
Step 3 • On rejection from their side, the cheque of Rs. 1 lac will be returned to you
• On agreement, Rs 1 lac will be adjusted against the franchise fees • The approval & selection of the site & the franchisee is the sole discretion of “NNGR”
Be a part of the success
Step 1
Franchise
Franchise – Application Process
City Center, Rohini, Delhi
V3S Mall, Laxmi Nagar, Delhi
Pacific Mall, Kaushambi, Ghaziabad, Uttar Pradesh
Viva College Mall, Jalandhar, Punjab
Celebration Mall, Ameitsar, Punjab
Mahagun Metro Mall, Vaishali, Ghaziabad, Uttar Pradesh
Alpha 1 Mall, Amritsar, Punjab
Uttam Nagar, Delhi
Shopprix Mall, Vaishali, Ghaziabad, Uttar Pradesh
Wedding Mall, Patiala, Punjab
NIT Chowk, Faridabad, Haryana
MMX Mall, Ghaziabad, Uttar Pradesh
Shipra Mall , Ghaziabad
Batla House Chowk, Delhi
Ranipur More, Haridwar, Uttarakhand
Kamla Nagar, Agra, Uttar Pradesh
Rajouri Garden Metro Station, Delhi
Bhawani Ganj, Ramnagar, Uttarakhand
Sikandra, Agra, Uttar Pradesh
Dwarka Mor Metro Station, Delhi
Sector -15, Main Market , Faridabad
Amrik Singh Road, Bhatinda, Punjab
Rajpura, Punjab
Be a part of the success
Great India Place, Noida, Uttar Pradesh
Franchise
List of Stores
Bhatinda
Bijnor
Our successful and satisfied franchisee: Haridwar : Mr. Anshul – 09219400436 Bhatinda: Mr. Vicky – 09815687126 MMX Ghaziabad: Mr. Sanjay – 08527700440 Faridabad: Mr. Naved – 09810259715
Haridwar
Be a part of the success
Kamla Nagar – Agra
Franchise
Photos of existing stores
Be a part of the success
The Store Interiors
(contd.)
Franchise
Photos of existing stores
Be a part of the success
Franchise
Sample Layout Plan
Ph.:
+91 9958 294955 +91 11 47366100 Fax: +91 11 26814573 [email protected]
Mr. Manu Dhir (Asst. Manager) Franchisee Business Development Ph.: +91 9958 798701 +91 9650 446612 [email protected]
Be a part of the success
Mr. Shavez Akhtar (Vice President)
Franchise
Details
Franchise Be a part of the success
Thank You
Store99 has identified Retail Business as a thrust area and has imbibed a Vision Statement to follow its dreams. Its Vision is an overriding idea focused towards positioning the future of the company in Retail Industry serving as a blueprint for the development of brand Store99.
Be a part of the success
"To become the most valuable Retailer in the Industry” The Vision embodies quality, character and value. The Company encomes „ Maximum value delivery to their share holders, associates and to the Industry".
Franchise
Vision
Services and Products: Should be of good quality, the very best we can
Customers and Clients: They are the foundation of NNGR; our only true asset is our ability to service them. In all our dealings, we will be honest, truthful and strive to serve their best interest.
Employees and Associates: We respect them as fellow human beings and their right of self determination in achieving their own career objectives. We shall never regard people as objects to be used for the purpose of Management. To the best of our ability, we shall afford those associated with us, a career opportunity where their personal objectives may be reached.
Competition: Store99 does not compete with those who serve. We endorse their efforts and seek only to cooperate. Competition, if any, comes from those who mislead, misguide or take undue advantage of customers.
Profit: Store99
believes in making fair and honest profit. The continuation of our business and its ability to fulfill its purpose is dependent upon profit. We refuse to deal with any product or project on an unprofitable basis.
Be a part of the success
provide. We refuse to offer a product or service in which we do not believe and cannot take personal pride, that is why products at Store99 go through a rigorous quality check before getting a Store99 label. We will always offer maximum value for every rupee spent by our customers.
Franchise
Mission
Franchise
Be a part of the success
Under the Brand Name STORE99 has planned a NATIONAL ROLL OUT of Franchisee Stores We are inviting franchisee business enquiry from individuals, entrepreneurs and corporate houses who would like to share our success in franchise business
What is the Value Proposition?
Store99 believes in creating utilitarian products combined with uniqueness and style to fulfill customer requirements with value in price. We consider ourselves as the best industry player and are able to provide products 20%-40% cheaper than what the market.
What is the Concept?
The concept encoming affordability, variety, product design and quality of our products is well known among our customers. Just one visit to our store is sure to see them amazed at such an easy solution to all their needs under a single roof. There is something for all at our store irrespective of age, sex and social class.
Be a part of the success
Store99, a new concept in consumer friendly retailing was launched in 2007 with a view to offer products that are inexpensive with a high level of consumer demand. From a single store two years ago, we have grown to more than 29 stores under the brand name Store99, offering more than 5000 products, mostly at 4 price points: Rs. 29, 49, 79 & 99.
Franchise
What is Store99?
Concept
•Delhi •Uttar Pradesh •Uttrakhand •Punjab •Haryana •Rajasthan •Jammu
•Madhya Pradesh •Chhattisgarh •Gujarat •Bihar •Jharkhand •West Bengal
Be a part of the success
Expansion Plans:
Franchise
Company Roll-Out Plan
Franchise
• Space requirement of 1000-2000 Sq. Ft. trading area, owned or leased • Should have the financial ability to invest between 15 – 20 Lac rupees, depending on the size of the store • Should meet the regulatory requirements such as VAT, PAN, TIN #, etc. • Aptitude of being a part of the “Organized Retail”
Be a part of the success
Pre-requisites for a Store99 Franchise
1000 (Sq Ft)
1500 (Sq Ft)
Format
Express Model
Unit Franchise
FRANCHISE FEES
3,00,000
3,00,000
FURNITURE AND FIXTURE @ Rs. 400/sq. ft AC, Shelves, Lights, fans, computer etc.
4,00,000
6,00,000
Inventory Stock Merchandise @ Rs. 800/sq. ft
8,00,000
12,00,000
Total Investment
15,00,000
21,00,000
*The investment will depend on the area size. * There will be 38% margin (before VAT) on Mark up Price * The franchise fee‟s will be one time for lifetime and Non-Refundable
Be a part of the success
Store Size
Franchise
Initial Investment
1000 Sq. ft
1500 Sq. ft.
Monthly
City A
City B
City C
City A
City B
City C
Property
1,50,000
1,00,000
75,000
2,00,000
1,30,000
1,00,000
Electricity
10,000
8,000
6,000
10,000
10,000
10,000
Manpower
25,000
20,000
15,000
45,000
30,000
20,000
Transport
10,000
8,000
8,000
10,000
10,000
10,000
Misc
2,500
2,500
2,500
5,000
5,000
5,000
Telephone
1,000
1,000
1,000
1,000
1,000
1,000
1,98,500
1,39,500
1,07,500
2,71,000
1,86,000
1,46,000
Total Cost
Be a part of the success
Size
Franchise
Operational Expenses
1000 Sq. ft
1500 Sq. ft.
Be a part of the success
Size Monthly
City A
City B
City C
City A
City B
City C
Sale
10,00,000
8,00,000
6,00,000
15,00,000
12,00,000
10,00,000
Operational Cost
1,98,500
1,39,500
1,07,500
2,71,000
1,86,000
1,46,000
VAT (8%)
80,000
64,000
48,000
1,20,000
96,000
80,000
Margin (38%)
3,80,000
3,04,000
2,28,000
5,70,000
4,56,000
3,80,000
Net Profit
1,01,500
1,00,500
72,500
1,79,000
1,74,000
1,54,000
* Return on Investment will be achieved within 15 – 20 months
Franchise
ROI Model
Bonus Plan • New Franchisee If Initial Stock exceeds Rs. 10 Lacs – 1% extra discount at time of Launch Rs. 6000 free gifts will be provided for distribution (if above case fulfill) Sales Targets – Ongoing Franchisee • On achieving Target – 0.5% of total sales as incentive Marketing • 1 time/month – leaflet distribution in local area • Ready leaflets will be provided by the company • Cost to be borne by franchise.
Be a part of the success
Operations: For day to day operations and better productivity of our franchise partners, we do various reporting systems like • DSR – Daily Sales Report • Inventory Update and Management • Employee of the month report
Franchise
Company
Exchange Policy
Company provides: • Brand name “STORE99”
• • • • • • • • • •
Branding Inside & outside the store Marketing Activity at the time of Launch. Assistance in selecting and finalizing location Intensive training to the Franchisee Effective advertising and marketing Assistance in hiring the store staff On-going operation & management Carry bags & Billing rolls by Franchisor on the basis of sales Software Uniform for the staff
Be a part of the success
For damage or slow moving items: • Exchange – 10% of monthly sale @ 0% discount • Balance Exchange – Any amount @ 10% Discount on return. * (Handling Fee Rs. 2000/- extra)
Franchise
Company
• Please fill the Application Form enclosed in capital letters and send it to us with store drawing and photographs • You have to attach a Cheque/DD of Rs. 1 lac in favour of “Ninety Nine General Retail Pvt. Ltd.” as token money towards evaluating your site • We will evaluate your form and proceed
Step 2 • A team of Business Development & Retail will visit your site
• Upon their due approval, you will be called for final discussion and agreement
Step 3 • On rejection from their side, the cheque of Rs. 1 lac will be returned to you
• On agreement, Rs 1 lac will be adjusted against the franchise fees • The approval & selection of the site & the franchisee is the sole discretion of “NNGR”
Be a part of the success
Step 1
Franchise
Franchise – Application Process
City Center, Rohini, Delhi
V3S Mall, Laxmi Nagar, Delhi
Pacific Mall, Kaushambi, Ghaziabad, Uttar Pradesh
Viva College Mall, Jalandhar, Punjab
Celebration Mall, Ameitsar, Punjab
Mahagun Metro Mall, Vaishali, Ghaziabad, Uttar Pradesh
Alpha 1 Mall, Amritsar, Punjab
Uttam Nagar, Delhi
Shopprix Mall, Vaishali, Ghaziabad, Uttar Pradesh
Wedding Mall, Patiala, Punjab
NIT Chowk, Faridabad, Haryana
MMX Mall, Ghaziabad, Uttar Pradesh
Shipra Mall , Ghaziabad
Batla House Chowk, Delhi
Ranipur More, Haridwar, Uttarakhand
Kamla Nagar, Agra, Uttar Pradesh
Rajouri Garden Metro Station, Delhi
Bhawani Ganj, Ramnagar, Uttarakhand
Sikandra, Agra, Uttar Pradesh
Dwarka Mor Metro Station, Delhi
Sector -15, Main Market , Faridabad
Amrik Singh Road, Bhatinda, Punjab
Rajpura, Punjab
Be a part of the success
Great India Place, Noida, Uttar Pradesh
Franchise
List of Stores
Bhatinda
Bijnor
Our successful and satisfied franchisee: Haridwar : Mr. Anshul – 09219400436 Bhatinda: Mr. Vicky – 09815687126 MMX Ghaziabad: Mr. Sanjay – 08527700440 Faridabad: Mr. Naved – 09810259715
Haridwar
Be a part of the success
Kamla Nagar – Agra
Franchise
Photos of existing stores
Be a part of the success
The Store Interiors
(contd.)
Franchise
Photos of existing stores
Be a part of the success
Franchise
Sample Layout Plan
Ph.:
+91 9958 294955 +91 11 47366100 Fax: +91 11 26814573 [email protected]
Mr. Manu Dhir (Asst. Manager) Franchisee Business Development Ph.: +91 9958 798701 +91 9650 446612 [email protected]
Be a part of the success
Mr. Shavez Akhtar (Vice President)
Franchise
Details
Franchise Be a part of the success
Thank You
Related Documents 3h463d
Store 99 2c72a
August 2021 0
Store And Store Keeping 6l6i4z
March 2021 0
Store Keeping 4c476a
November 2019 57
Store Location.ppt 6p4li
January 2022 0
Store Keeping 4c476a
November 2019 43
Store Management 1j322j
October 2019 81More Documents from "Love Sharma" 5q3t60
Cta 6j1p58
November 2019 43
Store 99 2c72a
August 2021 0
John Sculley Biography, John Sculley Ceo Apple Inc 17572e
December 2019 28
Allhscode 2c3nm
March 2023 0
4p345f
June 2022 0