Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jun, 06 2008

Small format retail chain ‘Pratidin’ to franchise mom n’ pop store owners for its expansion

Small format retail chain ‘Pratidin’ to franchise mom n’ pop store owners for its expansion

Small format retail chain ‘Pratidin’ to franchise mom n’ pop store owners for its expansion

Pratidin, a small format retail chain of Delhi-based Om Daily Needs Retailing, is eyeing for setting up about 150 convenience stores in 2008 as informed by Amit Nigam, COO of the company. Pratidin, meaning ‘everyday’ in Hindi, offers value retailing through bulk-buying and also has private labels on offer. This retail chain already has set up 10 outlets at the places like Sangam Vihar, Chatarpur, Bhogal, Tilak Nagar, Dwarka, Dakshin Puri, Chirag, and Savitri Nagar in the capital. The company is basically scouting for the areas in NCRs and the other regions in North-India for its retail expansion. “For acquiring retail spaces, the preference will be always for a mix of high street, residential and commercial areas”, reveals Nigam. The company will adopt franchise model for its expansion. The company is planning to partner with the smaller stores in the segments like food & beverages, farm products and FMCG. Local mom and pop store owners are the prospective franchisees owning shops with the minimum area of 400 sq ft in high footfall generating areas. However, this may vary on the location – in a market area it would be minimum of 400 sq. ft. and in a commercial area or mall it can go up to 15000 sq. ft.

sharebtn
Comment
user
email
mobile
address
star
01fr38jobp0@mail.com 03, Apr 2015
Hi, Neat post. There is an issue together with your site in ieernntt explorer, may check thisî“‘ IE nonetheless is the marketplace chief and a big element of other people will omit your wonderful writing because of this problem.
Related opportunities
  • Quick Service Restaurants
    About Us: Burger Singh was founded by Kabirjeet Singh and Nitin..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: The Bombay Sultani Biryani House, started in the year..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us: Hollywood’s Pizza & Grill is an upmarket casual dining..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Preschools
    About Us: GD Goenka Group, established in 1982, has had varied..
    Locations looking for expansion Delhi
    Establishment year 1982
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities