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Interested in Owning an Alfamart? Here Are the Costs and Break-Even Point by 2026

| | Source: CNBCINDONESIA.COM Translated from Indonesian | Business
Interested in Owning an Alfamart? Here Are the Costs and Break-Even Point by 2026
Image: CNBCINDONESIA.COM

Jakarta, CNBC Indonesia - The minimarket business is quite enticing as it sells various household necessities, especially if the minimarket has a name familiar to the public, such as Alfamart, which has a very wide distribution across Indonesia. It turns out that anyone can own one because Alfamart is a franchise business. If you want to become an Alfamart entrepreneur, read the following information.

There are at least three types of Alfamart franchise partnerships, as reported on the company’s official website.

  1. New Store Franchise

This partnership involves opening a new Alfamart based on a location proposed by the prospective Alfamart franchisee. The stages for opening a new Alfamart franchise include:

  • Initial presentation

  • Location evaluation and approval

  • Proposal presentation

  • Partnership agreement

  • Store opening

Alfamart also provides shelf type options tailored to the capital amount and building size owned by the prospective franchisee.

  • 9-shelf store type (30 m2): Rp300 million

  • 18-shelf store type (60 m2): Rp350 million

  • 36-shelf store type (80 m2): Rp450 million

  • 45-shelf store type (100 m2): Rp500 million

This capital already includes:

  • Franchise Fee of Rp45 million for 5 years

  • Electrical installation

  • Store equipment and air conditioner

  • Cash register and retail information system

  • Shop sign and pole sign

  • Store permits

  • Promotion and store opening preparation

Please note that the estimated investment value excludes property investment and may change according to conditions during the store opening process.

  1. New Store Franchise - Conversion

This partnership offers a franchise to owners of local minimarkets or grocery stores who want to grow their business further. Alfamart provides two conveniences for store owners who take this programme:

  • Recognition of the local minimarket or grocery store’s merchandise as stock for the opening of the Alfamart franchise store

  • Shelves owned by the local minimarket or grocery store can be used and recognised as a reduction in investment costs (shelf criteria must comply with Alfamart store shelf standards)

The stages in this partnership include:

  • Initial presentation

  • Stock opname 1

  • Partnership agreement

  • Stock opname 2

  • Conversion store opening

  1. Take Over Store Franchise

The final partnership is purchasing an already operating Alfamart store at a predetermined ‘package’ price. The capital amount for the take over franchise type varies, starting from Rp800 million.

This capital amount includes:

  • Franchise fee of Rp45 million for 5 years

  • Location rent for 5 years

  • Store equipment and air conditioner (AC)

  • Cash register and retail information system

  • Shop sign and pole sign

  • Store agreement

  • Goodwill

The stages in the take over store franchise partnership are:

  • Initial presentation

  • Purchase agreement

  • Permit transfer

  • Partnership agreement

  • Take over

Alfamart Royalty Fees

Partners who open an Alfamart store will be charged a royalty. This fee is calculated progressively from the net sales of the respective store and excludes tax.

  • Net sales Rp0 to Rp150,000,000: 0% royalty

  • Net sales Rp150,000,001 to Rp175,000,000: 1% royalty

  • Net sales Rp175,000,001 to Rp200,000,000: 2% royalty

  • Net sales Rp200,000,001 to Rp250,000,000: 3% royalty

  • Net sales above Rp250,000,001: 4% royalty

Requirements for Opening an Alfamart Store

Anyone can open an Alfamart store through a franchise partnership. However, there are several requirements that must be met:

  1. Have an interest in the minimarket industry

  2. Indonesian citizen with a Business Entity (CV, PT, Cooperative, or Foundation)

  3. Already have or will have a business location with a minimum sales area of 100 m2 (excluding warehouse and administration space). Total land area approximately 150 m2 to 250 m2.

  4. Meet licensing requirements such as Neighbour Permit, Domicile Permit, SIUP, TDP/NIB, NPWP, NPPKP, STPW, IUTM (varies by region).

  5. Willing to follow the systems and procedures applicable at Alfamart.

These are the requirements and capital needed to open an Alfamart store under various franchise models.

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