Are you searching for the perfect retail franchise opportunity to launch your own successful business? One with strong profit margins and a reasonable mid-range investment? Look no further than the 24 Seven franchise! In this article, we’ll give you the details about everything you need to know before getting started with a 24 Seven franchise in 2025. You’ll learn How to Get a 24 Seven Franchise. Cost, Fee & Profit in 2025.
Table of Contents
About 24 Seven
Company Name: 24 Seven |
Founded By: Samir Modi |
Established Year: 2005 |
Headquarters: New Delhi, India |
Industry: Convenience store retail sector |
Number of Outlets: over 145 outlets in India |
Offering Products: Groceries, ready-to-eat foods, beverages, cosmetics, personal care products, etc |
Offering Products: Groceries, ready-to-eat foods, beverages, cosmetics personal care products, etc |
24 Seven is an Indian 24-hour convenience store chain founded in 2005 by entrepreneur Samir Modi. It was one of the first retail chains to operate 24×7 in India when it launched.
Headquartered in New Delhi- 110025, 24 Seven has expanded to over 145 locations across Delhi, Gurgaon, Noida, Ghaziabad, Hyderabad, etc.
24 Seven stores provide customers with 24-hour accessibility because of their thoughtfully selected product lineup, which includes food, grocery, personal care, pharmacy, and other everyday necessities. Customers may enter and exit the store quickly due to the modern, bright store design and smooth operations.
24 Seven plans to open 500 new stores across India through the introduction of a franchising model. This strategic move comes as the sector of 24-seven convenience stores in India is expected to grow rapidly.
Key Details of 24 Seven Franchise
Brand Name: 24 Seven |
Industry: Retail Sector |
Number of outlets: 145+ |
Franchise Fees: 5 to 10 lakhs |
Franchise Cost: 50 to 60 lakhs |
Royalty Fees: 4% on gross sales |
Profit Margin: 22% to 40% |
Franchise Agreement Term: 10 years |
Required Area: 1,000 to 1,500 sq ft |
How Much Does 24 Seven Franchise Cost?
To start the 24 Seven franchise requires an initial investment of 50 to 60 lakhs including Franchise fees, initial inventory, setup costs, working capital, and others. This cost may vary based on the location and size. Here is the cost breakdown of 24 Seven Franchise:
Franchise Fee | 5 to 10 lakhs |
Infrastructure Cost | 10 to 20 lakh |
Royalty fees | 10% |
Inventry and Supplies | 5 lakhs |
Working Capital | 5 to 10 lakh |
Franchise Agreement Term | 10 years |
Total Investment | 50 to 60 lakh |
Franchise Fee: Applicant needs to pay Franchise Fees of 5 to 10 lakhs to get rights to 24 Seven’s brand, systems, training, and support.
Setup Cost: The estimated setup cost is 10 to 20 lakhs for fixtures, equipment, interior design, technology, and others.
Working capital: The Franchisee needs to have a working capital of 5 to 10 lakhs for employee salaries and other expenses.
Initial Inventory: To purchase the first two to three months of stocks from the brand requires an investment of 5 lakhs.
Franchise Agreement Term: To be a Franchisee of 24 Seven brands you need to sign a franchise agreement period of 10 years.
Additional Cost
Starting a 24 Seven franchise will cost more money. 10% royalty fee for monthly maintenance, marketing, and advertising costs, as well as other costs based on your sales.
How Profitable is 24 Seven Franchise?
It really comes down to how well your store performs. 24 Seven says their average gross margins run 22% to 28% for outlets in India. But for franchises in prime locations doing over ₹3 crore in sales yearly, you can hit 30% to 50% margins comfortably. If you manage your labor, inventory, and overhead costs wisely and use 24 Seven’s systems fully.
Profit margin | 22% to 40% |
ROI Timeline | 2 to 3 years |
Requirements of Franchise
Here are the requirements to acquire a 24 Seven franchise in India:
Financial Requirements: Franchisee needs to have sufficient capital of Rs. 50 to 60 lakhs to cover the franchise fee, real estate, equipment, inventory, and operating expenses. |
Space: Approximately 1000 square feet of commercial space for the store location. |
Required Staff: Franchisee needs to hire 3-5 employees to staff store operations. |
Training: Franchisees and Employees needs to undergo training for few days offered by the brand 24 Seven. |
Required Documents
Here are some of the key documents typically required to apply for a 24 Seven franchise:
Identity Proof: Photo ID, proof of citizenship, or residency if required. |
Legal Documents: Business Licenses or Registrations etc. |
Agreement: Signed copy of franchise agreement and disclosure documents |
Proof of Liquidity: Bank statements showing sufficient cash or asset reserves |
Which Locations are suitable for 24 Seven Franchise?
Certainly, here are some key points to consider when selecting a location:
High Traffic Area: Choose a location that has a continuous flow of foot traffic to attract customers.
Proximity to Residential Areas: Being near residential neighborhoods can increase customer convenience.
Commercial Centers: Locations near shopping centers, office complexes, or entertainment hubs can provide a steady customer base.
Accessibility: Ensure easy access and parking space for customers.
Competition: Analyze the competition in the area.
Franchisor Guidance: Work closely with the franchisor to follow their location guidelines and market research for the best site selection.
Market Demand: Research the demand for the products and services offered by 24-Seven in the chosen area.
Support for Franchise
Here are some of the key areas of support that 24-Seven provides to its franchise outlets:
Site Selection: Assistance with identifying and evaluating potential locations for new franchise stores
Store Design: Floor layouts, design guidelines, approved equipment, and opening support
Training: Onboarding training at 24 Seven’s training facility for new franchisees and staff
Technology: 24 Seven’s proprietary POS, inventory management, and other IT systems
Marketing: Initial store opening marketing, along with ongoing advertising materials, localization support, and brand campaigns
Ongoing Innovation: Continuous development of offerings, systems, and technologies to evolve stores
24/7 Support: The Franchise operations support team is available for 24 hours.
What are the Benefits of 24 Seven Franchise?
Here are the key Benefits of owning a 24 Seven Franchise:
Established Brand: Since 2005, 24 Seven has become a recognized national brand that people can instantly trust.
Proven Business Model: The 24/7 convenience store model has been tested and proven to increase profits.
Site Selection Assistance: 24 Seven has an experienced real estate team that helps identify and secure ideal store locations.
Training and Support: Complete orientation training and continuous assistance through conferences, meetings, and site visits
24 Hour Distribution: Goods transportation and delivery to establishments are available 24 hours a day, seven days a week.
Marketing Assistance: creative marketing materials and local marketing assistance; Advertisement assistance
Renewal Options: A 10 year initial term with options to renew for additional 5-year terms offers long-term business stability.
How to Get a 24 Seven-Franchise?
Here are some ways to contact 24-Seven to inquire about franchise opportunities:
Those interested in 24 Seven franchising opportunities in India can get in touch by navigating to the official 24 Seven website and finding the contact information on the Contact Us page. You can call or email the company with your name, location, and background experience and express interest in learning more about franchise ownership.
Contact the local office: If 24 Seven has an India office, find the phone or email contacts on their website to connect with the local team.
Current franchisee referral: Existing 24 Seven franchisees may be able to provide a referral to the franchisor.
Be sure to include your basic contact information and specific questions when you reach out so they can begin discussing options with you.
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Conclusion
In Conclusion 24 Seven Franchise Cost, Profit and How to Start in 2025. The 24 Seven is the best franchise opportunity for the people who are financially strong and capability to invest 50 to 60 lakhs as initial investment. Also offering profit margin between 22% to 40% on sales.
24 Seven Franchise Image Gallery
FAQ
1. How much does it cost to open a 24/7 store Franchise?
The total estimated cost to open a 24 Seven store typically falls within the range of 50 to 60 lakh rupees. This total encompasses all the aforementioned expenses, including the franchise fee, setup, inventory, staff, and working capital.
2. Is the 24 seven franchise profitable?
Yes, a 24 Seven franchise can be a profitable business opportunity. According to estimates provided by 24 Seven, the profit margin potential for their franchises is in the range of 30% to 50%.
3. What is the duration of the franchise agreement for 24 Seven in 2024?
The standard franchise agreement for 24 Seven typically spans a period of 10 years. During this time, you have the rights and responsibilities associated with operating the franchise.
Disclaimer: The information regarding 24 Seven franchising offered is general. Some of the costs and profit estimations are estimates and may vary depending on location and year. Before exploring any franchise opportunity, thorough due diligence and independent advice should be obtained. Contact 24 Seven for specific papers, royalties, and marketing expenses.