Miscellaneous

Does Vishal Mega Mart give franchise?

by Author

Does Vishal Mega Mart give franchise?

VISHAL MEGA MART Franchise – Best Retail Franchise Business in India.

Is Vishal Mega Mart profitable?

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.

Who is the owner of Vishal Mega Mart?

The retail chain is currently owned by private equity TPG Capital and south India’s biggest conglomerate Shriram Group. While Vishal Mega Mart Pvt. Ltd (VMMPL), owned by TPG, runs the back end operations, Airplaza Retail owned by Shriram Group runs the front-end stores.

What is the turnover of Vishal Mega Mart?

Vishal Mega Mart’s operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2019. It’s EBITDA has increased by 28.50 \% over the previous year. At the same time, it’s book networth has increased by 51.06 \%.

READ:   Is ROTC physically demanding?

Is Vishal Mega Mart a good franchise for an investor?

Its fruitful franchise for an investor. You can reach out to Vishal Mega Mart directly or take a help of franchise consultant who can connect you with them like franchisebazar. Area required for the same 3000+ sqft and investment also nearabout 50 lacs plus.

What are the core values of Vishal Mega Mart?

Transparency, integrity, and empowerment are the values followed by the company and its personnel. It was Ram Chandra Agarwal who was the founder of Vishal Mega Mart. He started it in the year 2001 At first, it was just a small outlet that grew bigger day by day.

Who is the first hypermarket owner in India?

Ram Chandra is became the first one who introduced Hypermarket concept in India in 2002, when he launched Vishal Mega Mart in Delhi. The business grew big and than he opened Vishal Mega Mart stores in many cities. The company rolled out an Initial Public Offering of Rs. 2,000 crores in 2007. Vishal mega mart strong indian brand in retail industry.

READ:   What is the Metaverse Facebook?

How to become a big bazaar franchisee?

There are three extremely simple steps involved in the process of becoming a Big Bazaar franchisee. Simply head over to their website, in order to fill up the application form. A modest payment needs to be made for the application to be accepted, and can be seen as the enrollment fees of the franchisee program.