How to Start an eKart Franchise: Cost, Fee, and Profit

eKart is a company that offers affordable logistics solutions for businesses in India, catering to the e-commerce industry. It is a subsidiary of Flipkart, one of India’s largest e-commerce giants. If you are interested in starting a franchise with eKart, this article will provide you with a comprehensive guide on the investment, fee, and profit.

What is eKart?

eKart provides end-to-end logistics solutions to e-commerce businesses in India. With over 800 warehouses spread across 18 states in India, eKart has established a nationwide presence. It also offers its services to SMEs, enterprises, and other industries.

How to Start an eKart Franchise?

Before starting a franchise, it is important to understand the requirements. eKart follows a strict selection process and has certain prerequisites for potential franchisees.

eKart Franchise

Requirements for Franchisees

  • The franchisee should possess a valid GST number.
  • The franchisee should have a commercial vehicle (van or truck) with a capacity of at least 500 kg.
  • The franchisee should have an office/storage space of at least 300 sq ft.
  • The franchisee should have a minimum investment of INR 5 lakhs.

Steps to Start a Franchise

  1. Visit the eKart website and click on contact us OR You can contact Customer care no. +91 800 208 9898
  2. After submitting the form, eKart representatives will contact you for further process.
  3. You will be required to submit business documents such as PAN card, GST registration, and other necessary permits.
  4. After a successful verification process, you will be required to sign a legal agreement with eKart.
  5. Once the agreement is signed, you will receive training and a startup kit that includes software, training manuals, and more.
  6. After completing the training, you are ready to start your eKart franchise.

Investment and Fee

Starting an eKart franchise requires an investment of at least INR 5 lakhs. This includes the franchise fee, vehicle cost, office/storage setup costs, and other operational investments.

eKart Franchise

Franchise Fee

eKart charges a one-time franchise fee of INR 50,000. This covers the cost of the startup kit and other training expenses.

Vehicle and Setup Cost

The cost of a commercial vehicle varies depending on the type and capacity. A van with a capacity of 500 kg can cost around INR 7 lakhs, while a truck with a capacity of 1 ton can cost up to INR 11 lakhs. The office/storage setup cost can be around INR 1-2 lakhs.

Profit and Revenue

eKart Franchise

The profit and revenue of an eKart franchise depend on various factors such as location, operational costs, and customer demand. However, eKart guarantees a minimum income of INR 25,000 per month.

In general, though, Ekart companies are thought to be a good way to make money.

An Ekart business makes around Rs. 1 lakh a month on average. This means that an Ekart business makes between Rs. 30,000 and Rs. 70,000 per month on average. Some companies, on the other hand, have been known to make up to Rs. 1 lakh per month.

A 20% profit margin is possible for an Ekart business. This means that the company can expect to make a profit of Rs. 20 for every Rs. 100 in sales.

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Pros and cons

eKart Franchise

Pros:

  • Brand recognition: Ekart is a well-known and recognized brand, so you can use that to your advantage. This means that you will be able to bring in people who are already familiar with Ekart and its services.
  • Access to technology: Ekart has put a lot of money into technology, so you can use the most up-to-date tracking and delivery tools. This will help you make your business run better and give your customers a better experience.
  • Training and help: Ekart will help you get your business up and running by giving you training and help. This will include teaching on how to use the Ekart transportation system and how to give great customer service.
  • Potential for profit: Ekart businesses can make a lot of money. An Ekart business makes around Rs. 1 lakh a month on average. But your real earnings will rest on how many packages you handle and how well you run your business.
  • Low investment: To start an Ekart business, you only need a small amount of money. This makes it a good choice for people who want to start a business but don’t have a lot of money to spend.
  • Quick return on investment: The return on investment for an Ekart business is quick. This means that you can start making money from your business in just a few months.
  • Demand is high: The number of people who need shipping services is growing quickly. This means that people want Ekart businesses a lot.

Cons:

  • Competition: The shipping industry is getting more and more competitive, so you’ll need to find ways to set your business apart.
  • Regulations: There are a lot of rules and regulations in the shipping business, so you will need to make sure you follow all of them.
    Workload: You will be in charge of running the day-to-day business of your company, which can be a lot of work.
  • Time commitment: You will have to be ready to spend a lot of time on your business. This means working long hours and being available all the time.

Conclusion

Starting an eKart franchise can be a profitable venture. With its established presence in the e-commerce industry, franchisees can benefit from a steady demand for logistics solutions. However, it is important to meet the prerequisites and invest wisely to ensure profitability.

eKart Franchise – F.A.Q

What is the selection process for eKart Franchise?

The franchisee should possess a valid GST number, have a commercial vehicle with a capacity of at least 500 kg, an office/storage space of at least 300 sq ft, and a minimum investment of INR 5 lakhs.

What is the franchise fee for eKart Franchise?

eKart charges a one-time franchise fee of INR 50,000.

What is the minimum investment required for eKart Franchise?

The minimum investment required for an eKart franchise is INR 5 lakhs.

How much profit can one make from an eKart franchise?

The profit and revenue depend on various factors such as location, operational costs, and customer demand. However, eKart guarantees a minimum income of INR 25,000 per month.

Can eKart franchisees offer their services to other industries apart from e-commerce?

Yes, eKart offers its services to SMEs, enterprises, and other industries apart from e-commerce.

Hey everyone, Vishal here! I'm fascinated by the world of business, especially the exciting potential of franchising and spotting the next big idea. In my writing, expect a mix of in-depth franchise breakdowns, thought-provoking new business ideas, and practical advice to turn those ideas into reality.

3 thoughts on “How to Start an eKart Franchise: Cost, Fee, and Profit”

  1. Hello..We are very interested in becoming a franchise of e-kart in Kolkata and surrounding areas. Kindly show us a way of becoming a franchise.y contact number is 8100***756

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