Want to Become an Indomaret Boss? Here Are the Requirements and Capital Needed

Indomaret is renowned as one of the retail stores proliferating across various regions in Indonesia. This subsidiary of the Salim Group has actually been opening partnership models (Indomaret franchises) to the general public since 1997. According to the company’s official website, here are the requirements, partnership stages, and detailed costs for opening an Indomaret: Requirements for Opening an Indomaret Outlet - Indonesian citizen - Provide a business location in a commercial area with an ideal size of 120-200 m² - Possess complete minimarket business permits: IMB/PBG, NPWP, PKP, Environmental Permit, Domicile (if required), NIB, STPW, and other permits - In accordance with applicable licensing regulations - Provide investment funds - Possess an entrepreneurial spirit and focus on the Indomaret franchise system Partnership Stages for Opening Indomaret 1. First Presentation To make the presentation more effective and directly actionable, franchisees who already have a proposed business location should bring photocopies of supporting documents, such as: Building Certificate, IMB, ID card, family card, and (if applicable) site plan. During this first presentation, the partnership mechanism, investment amount, monthly profits, and store operational system will be explained in detail. 2. Second Presentation In the second presentation, the feasibility survey results and Budget Plan (RAB) will be presented, leading to the investment value. Typically, this second presentation is followed by the signing of an MoU (Memorandum of Understanding) that covers the division of tasks between Indomaret and the franchisee in preparing for the store opening, building renovations, equipment purchases, employee selection and training, as well as payment terms. 3. Store Opening After all agreement items are realised, the store is ready to open with the promotional programme set by Indomaret. Immediately before the store opens, the Franchise Agreement will be signed for a period of five years. Estimated Costs Required to Open Indomaret - Franchise fee for 5 years: Rp36 million - Promotion and store opening preparations: Rp9.5 million - Renovations and additional electricity capacity: Rp221.5 million (estimated renovation costs if the initial building is not a shophouse, there will be cost adjustments) - Electronic and non-electronic equipment: Rp227 million