Ekart Logistics is one of the most common names in the logistics franchise industry. It surely is one of the most preferable logistics companies in India today. This Indian courier delivery service company is a subsidiary company of e-commerce giant Flipkart Private Limited and today this company is run and operated by Instacart Private Limited.
The headquarters of Ekart Logistics are present in Bangalore, Karnataka, India. In a very short span, this delivery courier company quickly became popular only because of their dependable delivery procedures.
Their business has become popular in many industries and all the credit for such goes to its tech-enabled tracking solutions and continuous innovation of their service.
How to Start a Ekart Franchise in 2024?
Ekart Logistics is now available to almost every corner of our country and that is made possible only because of their franchise option. You can become a part of a highly successful and profitable logistics company when you take the Ekart franchise.
Before you start an Ekart Logistics franchise you must go through all the eligibility criteria of applying for their franchise. You must be perfectly suitable for their terms and conditions to partner up with such a company.
Now, here is how one can start a Ekart franchise in India:-
- You are required to visit the official website of the company
- The next thing that you need to search in their official website is for the contact details of the company
- Use the contact details of the company and get all the details regarding the franchise you are willing to open in your area
Application Process for Ekart Franchise
Application process for Ekart franchise is one of the simplest process in the whole franchise procedure. Yes, the application process is online but, the after-application process is done manually.
After you have submitted your request form for a franchise to the concerned Ekart department, they will ask you a few questions regarding your space, interest, and many more. Make sure you answer them with true facts. Now, when they are satisfied with every answer you give, they will provide support for the training of their new franchisees.
This training that will be provided by the company to its franchisees will all be about how to run a franchise smoothly. It will include business operations, dealing with customers, attracting new customers, dealing with products, ensuring quality services are being offered to customers, and of course the delivery.
Other than this, the company will also train its franchisee owners to use their app, which will give them complete control over the business operation.
Eligibility Criteria & Requirements for Ekart Franchise
To open any franchise, you must go through all of its eligibility criteria and requirements. It makes the whole business process easier for both parties and can help you get a franchise as soon as possible. To open an Ekart franchise, you need to tick all the eligibility criteria that has been set by the company.
Here are some of the eligibility criteria to open an Ekart franchise:-
- Interested candidate must not have any criminal background or is into any criminal activity
- All the documents and required licenses for the business must be ready, valid, and up-to-date
- To qualify for an Ekart franchise, one must successfully get all the pieces of training given by the company to both manager and its employees
- All the personal details given to the concerned authorities must be valid and up-to-date
Here are some of the major requirements that one must fulfil to get an Ekart franchise:-
Documents required for Ekart Franchise
- Aadhar card
- PAN Card
- Land papers
- Rental papers (if any)
- Lease papers (if any)
- Electricity bill for the past two months
- Standard franchise agreement (which must last for 4-5 years)
- Space required- 400-700 square feet (depending on the type of franchise you choose)
- Licenses required- Shop Act License, GST Certificate, and GST Number.
Investment Required for Ekart Franchise
When you open a business, to work smoothly you need to make proper investments in it. It will only help you to understand the business procedure and work process very well.
Similarly, to open an Ekart franchise proper investments for proper tools and pieces of machinery are very important. The total investment cost of opening an Ekart franchise can be between Rs 2-5 lakhs.
Here are some of the investments that you need to make for the Ekart franchise:-
- Computer
- Printers
- Internet connection
- Packaging machine
- Courier office
- Camera system
- Tables and chairs
Is Ekart Franchise Profitable?
Opening or getting into the logistics sector in India is one of the best business ideas out there to earn profit. It is an ever-growing business and the demand for courier services will always remain at an all-time high now and in the coming future. So, you will already be a part of a high-earning industry when you happen to choose the Ekart franchise.
Now, the profit margin of the logistics franchise depends on the type of parcel, size of the box, and weight of the parcel. Yes, you get different profit margins for different parcels in this business. However, the average profit margin that an Ekart franchise gets is between 2-10% in our country. We could say, that opening an Ekart franchise in India is surely a profitable business.