Profitability depends on many factors including your chosen area of operation, operating costs (driver salary, supermarket margin rate), financing terms, types of products sold, and most importantly, your ability to operate the business effectively.
Yes, you do have an opportunity to run more than one area, depending on availability. However, you will have to pay for each additional area depending on the zones it falls under – which varies from USD 5,500 to USD 10,000.
Each area is exclusive to one franchisee. However, one franchisee can own multiple areas.
No, you will not be required to rent a shop/space and will not be required to manage your own physical inventory/stocks.
The bawiq Cloud Supermarket Business Model only requires you to deliver orders from your partnered supermarket, to the customer’s doorstep.
You will only need delivery riders to pick up the groceries and deliver them to the customer’s doorstep. The number of riders required depends on the number of orders you get per day.
Using our same example of a minimum of 50 orders per day, you would need at least 3 people to pick the orders and make deliveries.
The licenses or documents needed to start the business are as follows:
Trade License - It takes 3 to 20 days to get a trade license in the UAE. Note: The cost to acquire the trade license is incurred by you.
bawiq’s Franchise Term Sheet - On signing the term sheet, you will have to pay a non-refundable deposit of USD 1,500 per area to bawiq.
bawiq’s Franchise Contract - Upon signing the franchise contract, the remaining payment to bawiq needs to be completed.
There are two types of expenses you can expect. Those you will incur under the franchise with bawiq, and those you will incur on your own.
bawiq Franchise Costs:
You will have one-time startup costs:
Monthly recurring fees:
Other costs you may incur:
Monthly Driver’s salary (varies from USD 500 to USD 1,200)