Apna Bazar FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will open and operate a business that will operate an Apna Bazar grocery store, specializing in the sale of South Asian, West Indian, Middle Eastern, and other similar ethnic grocery store products and related programs, products and services.
Corporate Information
Apna Franchise LLC is a New York limited liability company organized in October, 2020. They conduct business under the names “Apna Bazar”, “Apna Franchise”, “Apna Halal Food,” “Apna Ready To Eat,” “Apna Juice Corner,” and “Apna Wholesale.” Their principal business address is 70 Somerset Ave, Hicksville, NY 11801.
Investment
The total investment necessary to begin operation of a “small” Apna Bazar grocery store franchise (i.e., a store ranging from 5,000 to 6,000 sq. ft) is from $1,500,000 to $3,143,000 (not including real property), including approximately $605,000 that must be paid to the franchisor or its affiliate. The total investment necessary to begin operation of a “large” Apna Bazar grocery store franchise (i.e., a store ranging from 15,000 to 18,000 sq. ft) is from $3,760,000 to $6,580,000 (not including real property), including approximately $1,605,000 that must be paid to the franchisor or its affiliate. The total investment necessary to begin operation as an area developer under an Area Development Agreement is from $170,000 (assuming 2 Apna Bazar grocery stores) to $235,000 (assuming 3 Apna Bazar grocery stores, although this is not a maximum), including $145,000 to $185,000 that must be paid to the franchisor or its affiliate.
