Are you looking to start a courier or e-commerce logistics business in your area? Nowadays, people are shifting from offline to online shopping. With this growth, apart from Amazon and Flipkart, many other e-commerce brands have entered the market. Delivering online-ordered products to customer addresses in less time is necessary. Top brands are providing franchise opportunities to deliver the ordered products to customers in less time. Today we look at Xpressbees, one of the top brands in India, delivering products from international to local.
Open Xpressbees Franchise in 2024: Cost, Profit, and How to Get Started In this, we discuss the Xpressbees franchise model, what is the investment to start a franchise, what is the profit margin, what are the requirements, How to get the Xpressbees franchise, and Xpressbees franchise pros and cons.
Table of Contents
About Xpressbees
XpressBees is the fastest-growing express logistics service company in India. Established by Amitava Saha in 2015, it is a logistics service provider for limited cities. With robust expertise in cross-border, 3PL, and B2B services, it secured investment from big companies in India like Alibaba, SAIF, CDH, Valiant, Investcorp, Norwest Venture Partners, Gaja, Blackstone, TPG, and ChrysCapital and became a key player in the logistics industry.
Currently, XpressBees handles 3 million shipments per day across 20,000 pin codes. It expanded 3,500 plus service centers, 150 hubs, and a dedicated team of more than 28,000 field service representatives.
XpressBees has the vision of making XpressBees Logistics as foremost choice in logistics services in India, offering unmatched solutions and an exceptional delivery experience.
Key Details of Xpressbees Franchise
- Brand Name: Xpressbees
- Industry: logistics service
- Number of service centers: 3,500
- Franchise cost: 2.5 to 4 lakhs
- Profit Margin: Rs 25 to 35 on each Delivery
- Space required: 300 to 400 sq ft
- Franchise Agreement: 1 year
- Official Website: https://www.xpressbees.com/
What you need to know about Xpressbees Franchise
Xpressbees is a logistics service company offering franchise opportunities for aspiring and experienced entrepreneurs. In this, we discuss the Xpressbees franchise model.
Xpressbees offers services for B-to-B models for big brands like Podshow, Flipkart, Myntra, Paytm Wall, etc. B-to-C service businesses market and sell their products or services directly to individual consumers. Cross-border logistics delivery service internationally with proper safety.
Shipment: Xpresbees provides shipment of e-commerce and pharmaceutical and health-related products for franchisees.
Experience: Xpressbees is offering a franchise opportunity for people who have previous experience in the courier business or logistics business. And experience in managing e-commerce operations.
Agreement period: If the franchisee is able to run a business successfully and performance is good in the first year, the agreement will be auto-renewed.
No need of shipment vehicle: No separate vehicle is required to get supplies from the brand. Direct shipment to the franchise outlet from the nearby Xpressbees hub.
Xpressbees provides 60 shipments per day for the initial two months. If the franchisee is capable of delivering 60 shipments, then shipments will increase from 100 per day to a maximum of 3000 per day.
How Much Does It Really Cost to Start an Xpressbees Franchise?
The Xpressbees franchise is an affordable investment business opportunity for skilled entrepreneurs. Now let’s discuss Xpressbees’ real investment to start a franchise.
Security Fees: Xpressbees charges refundable security fees for franchisees. To start a franchise in a rural area, requires 50,000, and in an urban area, it requires 1 lakh security fees.
Starter Kit: This is a non-refundable fee that the franchisee needs to pay after successfully running a franchise outlet and after the auto-renewal of the franchise agreement by Xpressbees. The non-refundable fee is 20,000 with this fee, the brand provides a starter kit for franchises that contains brand-name delivery bags, T-shirts, and market materials.
Outlet Rent: Franchisee needs to rent an outlet for rent; running a franchise requires an investment of between 25 and 50,000 rent. Only if you are taking a shop for lease.
Infrastructure cost: The infrastructure of the franchise outlet requires an investment between Rs 1 and Rs 2 lakhs, including interior and exterior design, decoration, and others.
Working Capital: 1 to 2 lakhs of working capital is required to cover day-to-day operations like hiring delivery boys and other expenses.
Franchise Agreement: The initial franchise agreement with Xpressbees is for 1 year. If you are successful in running the business, the agreement will be a lifetime.
Total Investment: The total Xpressbees franchise cost is 2.5 to 4 lakhs, which includes a security deposit, a starter kit, rent, setup costs, working capital, and others. This cost varies based on the location and size of the outlet
| Security Fee | 50,000 to 1 lakh |
| Starter Kit | 20,000 |
| Outlet Rent | 25,000 to 50,000 |
| Infrastructure cost | 1 to 2 lakhs |
| Working Capital | 1 to 2 lakh |
| Franchise Agreement | 1 year |
| Total Investment | 2.5 to 4 lakh |
How Profitable Is an Xpressbees Franchise? Let’s break down the Numbers
The Xpressbees franchise is a profitable business opportunity with an affordable investment. Let’s break down how profitable this franchise opportunity is.
Net Profit Per Delivery: Xpressbees offers 25 to 35 rupees on each delivery that the franchisee makes. The profit figure may vary based on the type of product.
5 kg parcel: If the franchisee delivers more than 5 kg parcel to the customers, Five rupees extra will be paid for each parcel.
Initial 2 months of profit: The initial 2 months of profit for profit: The initial 2 months of profit for the franchise outlet are granted to deliver only 60 shipments per day. On those days, franchisee earnings will be comparatively less, between 50,000 and 1 lakh.
Profit Per Month: With a 20 to 25% profit margin, Xpressbees franchisees can earn 1 to 2 lakhs per month.
Return on Investment: Within 8 to 12 months, the franchisee can recover the initial investment spent on starting the Xpressbees franchise business.
| Net Profit Per Delivery | 25 to 35 Rupees |
| 5 kg Parcel | 5 rupees Extra per parcel |
| Initial 2 months Profit | 50,000 to 1 lakh |
| Profit Per month | 1 to 2 lakhs per month |
| Return on Investment | 8 to 12 months |
Requirements to Open Franchise of Xpressbees
Age and Qualification: To be a franchisee of Xpressbees, you should be 21 years old, and PUC-passed education is necessary.
Financial stability: Franchisees should be financially stable at least they should be able to invest 2.5 to 4 lakhs as the total investment.
Business Experience: An applicant who has a few years of experience running courier or delivery businesses and managing E-commerce operations is the only person eligible to get an Xpressbees franchise.
Required Space: To set up a franchise of Xpressbees, you needed a 300- to 400-square-foot store or outlet. including where the house.
Location: To start a franchise of Xpressbees requires near-high footfall areas.
Employees: Franchisees need to hire 2 to 4 delivery boys to deliver the shipments to customers.
Required Documents
Here are the required documents to get the franchise of Xpressbees
- Identification proofs
- Address proofs
- Franchise agreement
- Business plan
- Bank statements
- GST Registration
- Trade License
- Lease or Property Document
- Shop Act and Establishment
How to get the Xpressbees franchise?
You can contact Xpressbees for franchise opportunities by filling out the franchise application form. Fill out the application form carefully without forgetting to mention your experience.
Franchise Application Form
Also, you can contact them with their email ID: franchise@xpressbees.com.
With this email ID, you can clarify your franchise-related queries.
Xpressbees Franchise Pros and Cons
Pros:
Established Brand: Xpressbees is a well-known logistics company in India. Expanded to 3500 service centers and 150 hubs. Now that it has become a trustworthy brand, it assures successful business opportunities.
Growing E-Commerce Industry: Booming online shopping is demanding quick delivery of logistics services.
Training and Support: The franchisee will benefit from training, operational support, and marketing assistance.
Healthy Profit: The franchisee can make a profit of 25 to 35 rupees on each delivery and easily earn 21 lakh per month.
Affordable investment: With a 3 lakh investment, a franchise can set up and run this business.
Quick ROI: Within 8 to 12 months, the franchisee can recover the initial investment of 2.5 to 4 lakhs.
Direct supply to the outlet: The brand will supply the shipment directly to the franchise outlet. There is no need to invest in arranging a vehicle.
Cons:
Market Competition: The logistics industry is becoming more competitive with the presence of other brands. You need to be a quick delivery and perfect business handler to make a profitable business.
Location Selection: Choosing the right location is crucial. A poor location can impact your business.
Franchise availability: Getting a franchise of Xpressbees is crucial; the brand has already opened 3500 service centers, and experience is also mandatory.
Conclusion
In conclusion, Open Xpressbees Franchise in 2024: Cost, Profit, and How to Get Started, Xpressbees is one of the best and biggest franchise opportunities in terms of 2.5 lakh investment, training, and support from the brand, high-profit margin, quick recovery of initial investment, and direct shipment to franchise outlet. Getting a franchise opportunity is crucial, and a brand is asking for experience in logistics and the e-commerce sector.
Alternatively, you can choose from these logistics franchise opportunities.
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Is RoadEx Franchise the Right Fit For You? Cost & Profit in 2024
Is a Myntra Delivery Franchise Right for You? Discover Now! in 2024
FAQ
How much Does the Xpressbees franchise cost?
To open a franchise of Xpressbees requires 2.5 to 4 lakhs. This includes security fees, stater kit costs, infrastructure costs, working capital, and others.
What is the profit of the Xpressbees franchise?
A franchisee of Xpressbees can earn 25 to 35 rupees on each delivery, and monthly, he or she can earn between 1 and 2 lakhs.
