Firstcry Franchise - investment,contact number,profit margin & application process.
Firstcry is India's number 1 parent community platform where you can shop all kids accessories at very good price. They have both domestic and International Shop. More than 2 lakh unique products are listed on the platform and every month million of parents add with their family. Right now 400 Plus stores available in all across India and they are expanding their business fast to reach all the parents in India. If you are planning to take a franchise, it could be best profitable business for you. The demand of products are always high and you can easily market products with the tag of firstcry. Today in this post we will discuss regarding how to start Firstcry franchise business step by step.
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Before starting any franchise, you need to know what are the main benefits of that particular company. In this case you get lot of benefits from firstcry franchise. As you know Firstcry is India's number one platform for kids accessories. All baby and kids products are available at very good price. Therefore you can offer your products to your customer without any hassle.
More than 2000+ top notch brands are tied up with them. All brands are available under one platform.
The investment is comparatively low and you earn very good return from your investment.
Well , there are number of good reasons that will attract you to become part of them.Some of these are as follows :
Each business has their own specific area requirement. Firstcry is a kind of shopping outlet where you need to stock thousands of products. This shopping outlet basic area requirement is between 1500 square ft. to 2000 square ft. If you have more than mentioned space,it would be great for you to manage your business. Try to set up your business area location in a commercial place where people visit more. This will boost sales and revenue on regular basis. You can set up the business on a rented place or from your own place.
If you talk about special skills, we must say you don't need such special skill to become part of them. As an owner you hired some employee and stock branded products in your franchise Store. Now it's time to sale those products to the right customers. The only thing which you must maintain is a good approach to the customer and politeness. Parents are always concern regarding their baby products. You should help them according to their demands until they are satisfied.
Address documents – Aadhaar card,Electricity bill
Pan card – It’s your permanent account number issued by Govt of India
GST certificate – Goods and services tax.You can apply for GST number from the GST official website.
Business license from Local panchayet or municipal authority
Passport size photograph
When your application is approved,you will get training from them.You may need to visit other city to attend the training program.
The initial investment for the first cry franchise is between 25 lakhs to 35 lakhs.This is not a huge investment because you invest your money to stock the products.Each year when your sales increase , you get the complete money back as a revenue.
Generally you don't need to follow complex rules and regulations.But still some conditions are pre-applied before final contract.Some of the basic terms are like :
We actually don't have the exact information regarding franchise agreement.Most of the franchise provider they have agreement between 5 to 6 years.It could be different in your case,we advise you to contact the franchise team.
The total investment vary from 30 lakhs or above.However you can understand the firstcry franchise business profit structure depending on your expenses.Lets take an example :
Gross profit for the month (50% of Rs.20,00,000) = Rs.10,00,000
Now its time to calculate solid profit from this business.You need to deduct the total expenses from the gross profit of a month.For our above example , it is (10,00,000 - 8,00,000) = 2,00,000
If you consistently increase sales , you can get back the entire investment which you have invested initially.
You can easily apply for the franchise from their online portal. The official website is firstcry.com . After visiting there official website, you will find in a particular page which contains franchise inquiry form. Fill the basic mandatory fields and submit :
Store you would like to open : They have different store categories. You can open any of them to earn a good profit from this business. These categories are like franchise General Store, baby hug store, cute walk Store and baby wear. From the dropdown menu select any of them and go to the next field.
In the next field you will find available capital : This indicate the total amount which you can invest for this business. It could be between 35 lakhs to 50 lakhs or more than above.
Fill description box. In this description box describe yourself proper way.You can also find out what is the particular reason you want to take this franchise in your regional Place.
Ok, so you have got all the field and now this is the last field. It is very simple just want to know where from you have heard about this company. You can choose Facebook community ,Google search engine or from any newspaper.
Now solve the captcha and click on the submit button. Your application form is submitted now. You have to wait at least 14 days to get a reply from the franchise team. As soon as they receive your submission, they will verify your location with pin code for Store approval.After that they will contact you via email or maybe over phone.
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The franchise program lets you allow to sale all products on behalf of First cry and you can use their trademark.You get all support from the team and as well as rewards.
More Helpful post : What is Franchise ? Selection, How to Start Franchise
For getting franchise you need to apply with all your details.You can fill basic details online or by visiting their head office.
Yes,It is highly profitable business.You can expect more than Rs.1 lakh total sales on daily basis in urban cities.We have discussed more about it in our post.
Anyone who has all valid documents and good location can open the franchise.If you are not sure about franchise terms and conditions,you can visit their official website.
Supam Maheshwar is the owner of the company.Now it acquires other origination and become largest online eCommerce site for baby products.
You need to visit Firstcry website and jump to franchise section.There you can find all details.
The head office is located in Rajashree Business Park ,Plot No 114, Survey No 338
They operate multiple stores with different product category.You can select any of them and apply for it.If you want to add all product category,you just send a special request to the team.
Read : Starting Franchise Business in India – 12 Important FAQ
Conclusion :
Franchise business with any reputed company never take you in loss side.First cry is India's one of the top online shopping portal who are specialized in kids and baby products.The CEO Supam Maheshwar founded his company in 2010.
The company's main objective is to offer highest standard baby products across India.First they started with their online portal later they have opened more than 400 stores and keep increasing their franchises.
Based on company profile , you can invest money and start business with them.If you love to do business with a particular niche along with good reputation, First cry franchise could be best opportunity for you.However,you need to manage your business properly and recruit experienced people.
Official website : https://www.firstcry.com
Head Office address
Rajashree Business Park ,Plot No 114, Survey No 338,
Tadiwala Road, Nr. Sohrab Hall,
Pune-411001.
Phone : 0135-3501300 / 0135-6617000
Email : customercare@firstcry.com
Firstcry franchise online guide.Learn how to apply for first cry franchise in India.Get cost details,profit and contact number.