Spencers Franchise is a well-known Supermarket franchise in India.
Check out its Franchise Investment, Commission, Support, Infrastructure Requirement, Breakeven Time & more here.
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Spencers Franchise Summary
| Brand Summary | |
| Line of Business | Supermarket |
| Unit / Shop Area | 1500 – 2500 Sq. ft. |
| Commission% / Revenue Sharing | Approx. 90% |
| Total Investment | Rs. 30 Lakhs – Rs. 60 Lakhs |
| ROI Timeframe | 1 – 1.5 Years |
What do you know about Spencers Franchise?
Spencers is one of the best Supermarket business in India.
| About the Brand | |
| Industry | Retail |
| Business Line | Departmental Store |
| Organization Type | Private |
| Head Office | Kolkata |
| Founder | Sanjiv Goenka |
| Founded In (year) | 1990 |
| No. of Franchise Outlets | 130+ |
| Master Franchise Model | Not available |
| Franchise Tenure | 5 Years |
| Franchise Location | All over India |
| Business Set-Up Time | 1 to 3 months |
| Franchise Commencement Year | 1990 |
What is the Spencers Franchise Investment Requirement?
Investment includes Franchise Fees & Infra Requirement.
| Investment by Franchisee | |
| Franchise Fee | Approx. Rs. 5 Lakhs |
| Infrastructure Investment | Rs. 30 Lakhs – Rs. 60 Lakhs |
How much is Spencers Franchise Commission?
Here is the royalty requirement of Spencers Departmental Store Business.
| Commission% / Revenue Sharing | |
| Franchisee | 97% |
| Franchisor | 3% |
How much time does it take for Spencers Franchise to breakeven?
Check out the Breakeven time of Spencers here.
| ROI Timeframe / Breakeven Time | |
| In Years | 1 – 1.5 Years |
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What are the Spencers Master Franchise requirements?
| Master Franchise Details | |
| Franchise Fee | NA |
| Infrastructure Investment | NA |
| Commission% / Revenue Sharing | NA |
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What is the Spencers Franchise Infrastructure requirement?
| Infrastructure Required | |
| Shop / Unit Area | 1500 – 2500 Sq. ft. |
| Employee headcount | 5 to 7 |
| Parking facility | Optional |
| Billing Counter | Compulsory |
| Product Display Area | Compulsory |
| Airconditioner | Optional |
| CCTV Set-up | Compulsory |
| Computer / Internet Connectivity | Compulsory |
| Product Delivery | Optional |
What is the extent of Support provided by Spencers to its franchisees?
| Support from Brand | |
| Inventory Planning | Available |
| Product Pricing | Available |
| Offers | Available |
| Client Acquisition Support | Available |
| Client Interaction Training | Available |
| Relationship Manager Support | Available |
| Interior Design Support | Partially Available |
| Interior Development Support | Not Available |
| Marketing Support | Not Available |
| Monetary Support | Not Available |
| Business Management Software | Available |
| Online Tie-up Support – Delivery | Partially Available |
| Website Support – For Order | Partially Available |
| Warranty / Guarantee Support | Not Available |
| Operation Manual | Available |
| Training Manual | Available |
What kind of Marketing Support is provided by Spencers to their Franchisees?
| Marketing Support by Brand | |
| Unit Interior & Exterior Ads | Available |
| Local Advertisement | Available |
| Digital Marketing | Occasionally Available |
| Television Advertisement | Not Available |
| Prints Advertisement | Occasionally Available |
| Events/Seminars | Occasionally Available |
Does Spencers provide training to its business partners?
| Training by Brand | |
| Product Information Training | Provided |
| Product Display Training | Occasionally Provided |
| Training Helpdesk | Provided |
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