Vishal Mega Mart Franchise
This is the place to go if you want to invest in a hypermarket chain. Convenience has become extremely important in people’s lives today. Everyone wants to get the most bang for their buck with the least amount of effort. This is also true in terms of shopping. People want everything to be in one spot so they can buy it faster. This is where hypermarkets enter the picture. A hypermarket is a store that combines the features of a supermarket and a department store. Vishal Mega Mart Franchise is one such hypermarket in India. Vishal Mega Mart Franchise has grown in popularity among the Indian public over the years as a place where people may go to shop for a variety of requirements and wants.
About the Company
TPG Wholesale Private Limited owns Vishal Mega Mart Franchise, which is regarded as one of India’s retailing pioneers. Vishal Mega Mart Franchise is one of India’s fastest-growing hypermarket chains, with 349 locations around the country. Groceries, FMCG, clothes, household goods, and electrical gadgets are just a few of the many categories in which the company’s products fall. The city operates stores in Tier 1, Tier 2, and Tier 3 cities that supply high-quality products to the people at low prices. The organisation and its employees follow the values of transparency, ethics, and empowerment.
The company Vishal Mega Mart was founded by Ram Chandra Agarwal. In the year 2001, he began it. It began as a little outlet that increased in size day by day. In 2002, Ram Chandra Agarwal opened the first Vishal Mega Mart Franchise in Delhi, introducing the concept of hypermarket to Indians for the first time. There was no turning back after that.
The company also has an online website called myvishal.com, which allows the public to shop for clothing for all ages online.
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Product Range of Vishal Mega Mart In India
Vishal Mega Mart is a one-stop shop for a wide selection of merchandise. The following are some of the primary categories in which Product Range of Vishal Mega Mart In India are sold at stores:
- General Merchandise – Luggage and travel accessories, kitchen appliances, toys, sports equipment, and other items are available to the general public at reasonable costs.
- Fashion- Fashionable products in the category of footwear, apparel, and lifestyle products are provided to people of all ages at affordable prices.
- Grocery and Household Needs – Packed food, grocery and staples, branded personal care products, etc. come under this category.
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How to Get Vishal Mega Mart Franchise?
Things improved after Partners Group and Kedaara Capital purchased the company in 2018. According to CRISIL, Vishal Mega Mart Franchise provisional revenue for that year was 2,252 crore rupees. The adjusted profit for the same year was roughly 100 crore rupees. These are signs that Vishal Mega Mart Franchise is a smart investment.
As with every franchise, there are some conditions that must be met before a person may become a Vishal Mega Mart franchise owner. The first criterion that must be met concerns the amount of space that will be necessary to set up the store. The store must have adequate space to accommodate all of the numerous types of things that the company offers. The minimum size required by the franchisee to set up the store in order to fit all of the merchandise is roughly 3,000 square feet.
Another consideration for a franchisee is the quantity of staff, as a store would require a large group of dedicated and industrious personnel. As a result, the franchisee will need a minimum of 500 staff to run the business efficiently.
Vishal Mega Mart Franchise Cost
It takes a lot of money and effort to open a hypermarket. As a result, it goes without saying that if someone wants to buy a Vishal Mega Mart franchise Cost, they will have to invest a large sum of money. There are numerous elements that influence the cost of investment, but a franchisee’s investment to open a Vishal Mega Mart Franchise store typically ranges between 30 and 50 lakh rupees.
Vishal Mega Mart Franchise Profit
The Vishal Mega Mart franchise does not have any official stats or statistics to indicate that it is profitable. However, when we examine the income of 2,252 crore rupees in 2018 and the profit of roughly 100 crore rupees in the same year, it is safe to say that the owner of a Vishal Mega Mart franchise will earn handsomely.
Vishal Mega Mart Franchise Enquiry
If a person wishes to contact the staff of Vishal Mega Mart Franchise Enquiry to discuss any of their concerns, they can do so using the following information:
Address:
- Airplaza Retail Holdings Pvt. Ltd. Plot No 184, Platinum Tower, 5th Floor, Udyog Vihar, Phase I, Gurugram, Haryana – 122016
Vishal Mega Mart Franchise Contact Number
- Vishal Mega Mart Franchise Contact Number: 011-41132664
Vishal Mega Mart Official Website
Visit More Info: Vishal Mega Mart Official Website
Frequently Asked Questions (FAQs)
| Q: Who is the owner of Vishal Mega Mart? |
| A: Gunender Kapur is the CEO of Vishal Mega Mart. |
| Q: What kind of products are sold in Vishal Mega Mart? |
| A: Consumers can find a wide variety of products in a Vishal Mega Mart outlet. There are grocery and household needs products, general merchandise and fashion apparel present in these stores. |
| Q: Is Vishal Mega Mart a profitable company? |
| A: Yes, Vishal Mega MART is a hugely successful Indian company. In 2018, the company earned revenue of 2,252 crore rupees, of which roughly 100 crore rupees was considered profit. |
| Q: What is the required area to open up a Vishal Mega Mart outlet? |
| A: A minimum area of 3,000 square feet is required to set up a Vishal Mega Mart store. |
| Q: What is the cost of investment required for a Vishal Mega Mart franchise? |
| A: The cost of investment that is required by a franchisee comes to around 30 to 50 lakh rupees. |
| Q: How many stores does Vishal Mega Mart have in India? |
| A: According to the company’s official website, Vishal Mega Mart has 349 brick and mortar stores spread across the country. |
Conclusion
Hypermarkets were first introduced to India by Vishal Mega Mart. The numbers and statistics given in the articles are excellent signs that investing in a Vishal Mega Mart franchise is a good investment decision. So, if you have money to invest and want to buy a hypermarket chain, Vishal Mega Mart is a perfect choice.
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