Oriz Mart Franchise – Find Revenue Sharing, Investments, ROI Tenure & more
Know everything about Oriz Mart Franchise Business Opportunity here. Check out details like its Franchise Review & Ratings, Infrastructure requirement, Support details, ROI tenure & more.
Franchise of Oriz Mart is a leading Departmental Store Franchise. You can check all relevant information & take your franchise investment decision.
Oriz Mart Franchise Business Opportunity - Snapshot
Line of Business
Unit / Shop Area
Commission% / Revenue Sharing
Infrastructure Investment
ROI Timeframe
Oriz Mart Franchise Review & Ratings
Revenue Sharing
Franchise Fee & Infra Investment
Support & Training
ROI Timeframe
Brand Value
Overall Ratings
Star Ratings
Overview of Oriz Mart Departmental Store Franchise
Industry
Line of Business
Organization Type
Head Office
Founder
Founded In (year)
No. of Franchise Outlets
Master Franchise Model
Franchise Tenure
Franchise Location
Business Set-Up Time
Franchise Commencement Year
In the year 2016, a new departmental store chain entered the market. Entering a market led by giants was indeed a bold move by the founder Ramez Naglekar. Eventually, this departmental chain has created its own space in the market with time.
The first-ever store of the Oriz mart franchise was opened in Mumbai. The franchise started giving out its franchise rights in the year 2020, and as of now, they have 4 outlets in pan India. Owning a franchise of the Oriz mart is a tough task due to its requirements. A person needs to have a shop area of 1000-1500 sq. ft. to be eligible for owning this franchise’s right.
The money requirement is also on a bit expensive side. A person needs to pay 50,000 as franchise pay and then put in 3.5 lakhs for infrastructural requirements. The person applying for the franchise needs to make sure that the complex is air-conditioned and is under CCTV surveillance. Also, having a parking area is a must to gain the rights of the Oriz mart franchise.
It takes around 15 days for the franchise holder to complete all the formalities involved. In the end, the person is awarded his share of the revenue generated. The person is granted around 70% share of the revenue, and the franchisor keeps the rest 30% share.
Oriz Mart Franchise Investment & Fees
Franchise Fee
Infrastructure Investment
Oriz Mart Franchise Commission / Revenue Sharing / Royalty
Franchisee
Franchisor
Oriz Mart Business Partner ROI Details
In Years
Master Franchise of Oriz Mart - Information
Franchise Fee
Infrastructure Investment
Commission% / Revenue Sharing
Oriz Mart Franchise Infrastructure Requirement
Shop / Unit Area
Employee headcount
Parking facility
Billing Counter
Product Display Area
Airconditioner
CCTV Set-up
Computer / Internet Connectivity
Product Delivery
Check out Business Opportunities with Similar Brands
Support Provided by Oriz Mart Business Partner Program
Inventory Planning
Product Pricing
Offers
Client Acquisition Support
Client Interaction Training
Relationship Manager Support
Interior Design Support
Interior Development Support
Marketing Support
Monetary Support
Business Management Software
Online Tie-up Support - Delivery
Website Support - For Order
Warranty / Guarantee Support
Operation Manual
Training Manual
Franchise of Oriz Mart Departmental Store - Marketing Support
Unit Interior & Exterior Ads
Local Advertising
Digital Marketing
Television Advertisement
Prints Advertisement
Events/Seminars
Training provided by Oriz Mart Retail Franchise
Product Information Training
Product Display Training
Training Helpdesk
Oriz Mart Franchise - Products Offered
Fruits & Vegetables
Grocery, Oil & Masala
Bakery, Cakes & Dairy
Beverages
Snacks & Branded Foods
Healthcare & Beauty
Eggs, Meat & Fish
Gourmet & World Food
Electronics
Home Appliances
Furniture
Home Dcor
Clothing & Accessories
Sports Materials
Music Instruments
Fitness Equipments
Gifts & Vouchers
Others
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Franchise for Oriz Mart Departmental Store - Revenue per Customer
Product Price
GST Rate
Franchisee Qualification required by Oriz Mart Departmental Store
Age Limit
Business Experience
Academic Qualification
Documents Required to Start Oriz Mart Franchise
Franchise Agreement
Proprietor Aadhaar Copy
Proprietor Photo
Proprietor / Business PAN Copy
Business TAN Copy
GST Registration Certificate
Proprietor / Business Address Proof
Unit / Shop Address Proof
NOC of Unit / Shop
FAQs on Oriz Mart Franchise
Check out all FAQs on the brand here
What is the franchise fee of oriz mart?
The person applying for the Oriz mart franchise needs to pay 50,000 rupees as a franchise fee.
What is the ROI timeline of Oriz mart?
The ROI timeline of Oriz mart is moderate. It is usually completed within the time span of 6-12 months.
Does oriz mart provide a franchise?
Yes, the Oriz mart started giving out its franchise in 2020, and as of now, they have 4 outlets in pan India.
Is the oriz mart franchise profitable?
The oriz mart shares the profit generated with the franchise holder in the ratio of 7: 3 making it a very profitable franchise.
How much investment is required for the oriz mart franchise?
A person first needs to pay 50,000 Rs as an application fee for the franchise. He further needs to put in around 3.5 lakhs Rs for fulfilling infrastructural requirements.
