The infrastructure and equipment needed to launch a water store business are expensive. Depending on the location, size, equipment, and kind of water filtration system, the cost of setting up a water store can change. In India, starting a water shop typically costs between 5 lakhs and 10 lakhs.
A water store’s profitability is influenced by a number of variables, including its location, its competitors, and its target clientele. The number of water stores in India has expanded as a result of the sharp rise in the demand for high-quality drinking water in recent years. The water store industry in India is proven to be a successful investment due to the country’s expanding population and rising awareness of the value of excellent health and hygiene.
Depending on the brand and the pricing plan, the profit margin for bottled water varies. Bottled water typically has a profit margin of between 35% and 50%. A lower price point can aid in boosting sales volume and overall profitability, but pricing is crucial in the bottled water sector.
You might think about purchasing a franchise from well-known companies like Aquabest if you’re interested in beginning a water shop business. Depending on the location and size of the business, an Aquabest franchise might cost anywhere from 10 to 20 lakhs. Aquabest provides a selection of water filtration and purification systems, enabling the franchisee to supply clients with high-quality water.
In conclusion, India has a booming market for water retailers. Considering the rising need for high-quality drinking water, opening a water shop can be a wise business decision. Even if the initial investment may be substantial, a number of factors, such as location, competition, and pricing strategy, affect a company’s success. For those seeking to start a water store, purchasing a franchise from well-known companies like Aquabest can be a wise move.