Tax Implications on Demerger of Com...
The demerger of a company simply means splitting of company into two or more parts. Any comprom...
Learning
Patanjali is a brand that has grown tremendously in the past few years and is placed among the top brands in the country. It deals with organic products. You can get a franchise and run a business and sell organic products. In this article, we will inform you about getting the Patanjali franchise.
Patanjali Ayurveda is a brand marketed by Baba Ramdev. Its popularity has gone sky high as it has become a household brand in India since few years of its inception. It is backed by thousands of Patanjali franchise outlets across the country in rural and urban areas. It is looking to add more franchisees, dealers, and distributors to its growing network.
This was started in the year 2006, targeting both in rural and urban areas. Patanjali consists of products (Ayurveda[1]) where the farmers help in supplying the ingredients. It also helps farmers raise income and help them develop more organic requirements to the required organization.
As you would know that Patanjali’s rise has made it a family product in India. It has earned the trust through its guaranteed quality products. Its products are accessible in more than 3 lakh stores, and there are around 5000 franchise stores with more than 1000 products manufactured.
The products are available online as well. It had a turnover of around 5000 crore rupees in 2015-16. Ramdev had earlier claimed that the profit from it goes to charity during an interview. Patanjali claims that its products are organic and of best quality as well. Therefore more and more people prefer buying its products, and entrepreneurs have found it profitable to get its Franchise, and Patanjali is aiming to add more to its expanding network.
The following schemes may be noted in order to become a part of the Patanjali Franchise:
Gramodhyog Nyas-
It was established in 2011 for the social, economic upliftment of villagers of the country. Through this scheme, Patanjali seeks to establish village industries to reduce poverty and work with those in villages by selling and buying indigenous products, collection of raw materials, arrangement of modern means, etc.
Documents required for Gramodhyog Nyas-
The following documents are required for this scheme:
Patanjali mega store-
The following requirements shall apply for setting up Patanjali mega store:
Costs associated with opening stores
The cost of opening stores differs at various levels-
It may be noted that the cost for the Patanjali store franchise starts from 5 lakh rupees for a small shop to 2 crores for mega stores. This price is inclusive of interiors, set up, and inventory. These stores can have a minimum area of 300 to a maximum of 2000 sq. ft in prime locations of a city/town.
As patanjali ayurvedic limited is a Fast Moving Consumer Goods company, the owner of the ayurvedic franchise may acquire double the amount spent for investment, but it depends upon the area where the shop is situated. Many customers are buying their daily Fast Moving Consumer Goods products from these stores, and the business is expected to accumulate more profit in the coming times.
Patanjali Chikitsalaya and Arogya Kendra-
Patanjali Chikitsalaya may be opened in any city with a minimum population of 1 lakh rupees, whereas Arogya Kendra may be started in any tehsil or town with a population of less than 1 lakh rupees. In order to apply for Patanjali Chikitsalaya and Arogya Kendra, you can download application form for Patanjali hospital or health centre online.
The application form should be submitted along with documents like ID proof, address proof, 4 passport size photos, copy of sales registration.
In case where you fulfil all the eligibility criteria for setting up of a Patanjali Franchise, you may submit the application form online or note the office address of Patanjali for your reference-
Patanjali Corporate Office Address
Patanjali Food and Herbal Park
Vill- Padartha, Laksar Road
Haridwar, Uttrakhand- 247663
Registered Office Address
D-26 Pushpanjali Bijwasan Enclave
New Delhi 110061
By following the above-mentioned directives, you can set up a Patanjali Franchise in India. You may seek the assistance of a professional who will guide you through the whole procedure and also help you in drafting the franchise agreement.
Read our article:Franchise Agreement and Laws Governing Franchising
No Comments