If anyone is looking to invest in India’s largest franchised convenience retail network, then THE NEW SHOP franchise is the best option for them
Charak Almast is the co-founder of THE NEW SHOP, who founded THE NEW SHOP in 2019 in south Delhi, India. THE NEW SHOP is India’s fastest growing 24-hour continence store & instant hyperlocal delivery retail network. THE NEW SHOP became the youngest grocer to turn profitable within three years of operation. They have a $3 trillion+ Global convenience retail market size and 150000+ Convenience stores in the USA. More than 300 convenience stores in all over India. Some information about “THE NEW SHOP” is given below:
ABOUT THE NEW SHOP
Started in March 2019, THE NEW SHOP is a chain of 24-hour convenience stores with an omnichannel presence, serving all daily needs products: snacks, beverages, personal care, home care, pet care, confectionery, Tobacco, hygiene needs, ready-to-eat food, over-the-counter drugs, grocery staples, etc.
Struggle Behind the Success
- 42 months gestation period
- Lack of training & formal education
- Financial constraints
- Legal difficulties & compliance challenges
- Many small businesses are becoming obsolete
- Lack of use of technology – Not being able to cope with Digitization
- Strong Brand is the coolest store in town.
- Ready pool of 10k locations.
- Fastest payback franchise in India.
- IT, Marketing & operational support.
- Legal & licensing support
- Easy exit procedure
- Training support & continuous learning
- Safe investment with financing available.
- open 24/7 for all age groups
- Fast food café: Burgers & sandwiches, Indian meals tea, coffee, Pastries, etc.
- SUPERMARKET: Daily groceries, personal care, home products
- Local Services: Printing, ATM, Courier, etc.
- Truly Omnichannel: TNS App, Zomato, Swiggy, etc.
Their Achievements
- 3 Times Retail Icon of India Award
- Best convenience store of the year
- Best technology implementation of the year- In-house solution
- Most innovative employee practices
- Best store design
Their Flagship stores
- Keshav Puram, Delhi
- Janakpuri Delhi
- Thane, Mumbai
- The first store, East of Kailash, New Delhi
- Ahmedabad, Gujrat
- Indian oil Gas station, Jasola, Delhi
Their Presence
- 120+ stores in India.
- Opening 20+ stores every month
- 60,000+ Cumulative Area (sq. ft.)
- 12+ States covered
- 10,000+ Daily customers
BRAND SUPPORT
- Layout: Providing layout designs in a 2D format according to the dimensions of the site as per our business model.
- Interior & Equipment SOPS: Providing a handbook detailing specifications related to the materials, dimensions, vendors, and brands of racks, counters, ceiling, flooring, wallpapers, electric work, air conditioning, air outlets, plumbing, signages, woodwork, and branding.
- Branding/ Marketing Content: Providing access to all marketing/branding content including banners, videos, pamphlets, hoardings, posters, signages, menus, and visual merchandising
- HR SOPS: Providing HR manual detailing manpower requirements along with key competencies, documentation, job responsibilities, organization chart, and policies.
- Accounts/ Relationship Manager: Assigning accounts/relationship manager from TNS to act as a single point of contact for franchisee.
- Inventory SOPS: Providing a list of initial SKUs to be sold along with distributor details
- Training: Remote and on-site training of franchisee and franchisee’s staff on usage of inventory management and billing software, customer service, visual merchandising, F&B operations, stock management, and ordering, sales, and marketing.
- Licensing: Helping with licenses to run the store.
- 3rd Party Listings: Listing on Swiggy, Zomato, Magic pin, and any (wherever possible)
- TNS Listing: Listing on the TNS website and delivery app.
INVESTMENT IN FRANCHISE
- The best franchise for just INR 28-30 lacs
- INTERIOR & EQUIPMENTS: INR 15 lacs
- INVENTORY: INR 8-10 LACS
- FRANCHISE FEES: INR 5 lacs
If you are interested in investing in the “THE NEW SHOP” franchise, you can contact FRANCHISE AVS through their official website www.franchiseavs.com, or email franchiseavs@gmail.com. you can also reach them by phone at 9205434226.
Partnering with “THE NEW SHOP” is a profitable opportunity for investors looking to be a part of a well-established brand in India, with a secure investment, attractive profit margins, & support of the Franchise.