Terms & Fees for Opening Indomaret, Prepare This Much Money

Jakarta, CNBC Indonesia – Who doesn't know Indomaret? Indomaret is one of the most popular minimarket chains in Indonesia which provides various basic and daily needs.

This minimarket, which has distinctive colors of red, blue and yellow, is a subsidiary of the Salim Group which has opened opportunities for anyone who wants to establish a franchise partnership since 1997.

Through the Indomaret franchise opportunity, people can generate additional income. Moreover, Indomaret already has a big name so it can be a tempting source of income.

So, what are the requirements and costs for opening an Indomaret outlet? Here's how, quoting from the official page indomaret.go.id

Conditions for Opening an Indomaret Store

  1. Indonesian Citizen (WNI)
  2. Providing business premises in commercial areas with an ideal area of ​​120-200 m2
  3. Have complete minimarket business permits: Building Construction Permit (IMB) or Building Approval (PBG), Taxpayer Identification Number (NPWP), Taxable Entrepreneur (PKP), Environmental Permit, Domicile (if required), Business Identification Number (NIB) , Franchise Registration Certificate (STPW), and other permits in accordance with applicable licensing provisions.
  4. Providing investment funds
  5. Has an entrepreneurial spirit and focuses on the Indomaret Franchise system

Conditions for Opening an Indomaret Store

1. First Presentation

So that the presentation runs more effectively and can be followed up immediately, franchisees who already have a proposed business location should bring photocopies of supporting documents, such as: Building Certificate, IMB, KTP, KK, and (if existing) Trading Business License (SIUP), Company Registration Certificate (TDP), NPWP, PKP, and location plan.

In this first presentation, we will explain in detail the cooperation mechanism, the amount of investment, monthly profits and the store operational system.

2. Second Presentation

In the second presentation, the results of the feasibility survey and Expenditure Budget Plan (RAB) will be presented which will lead to the magnitude of the investment value. Usually, this second presentation is followed by the signing of a Memorandum of Agreement (MoU) which includes details on the division of tasks between Indomaret and its franchisees in preparing for store opening, building renovations, purchasing store equipment, employee selection and training, as well as payment terms.

3. Store Opening

After all agreed items have been realized, the shop is ready to open with the promotional program determined by Indomaret. Immediately before the shop opens, a Franchise Agreement will be signed for a period of five years.

Estimated Costs to Open Indomaret

  1. Franchise fee for five years IDR 36 million
  2. Promotion and preparation for store opening Rp. 9.5 million
  3. Renovation and additional electrical power Rp. 221.5 million (estimated building renovation costs, if the initial building is not a shophouse, there will be a cost adjustment)
  4. Electronic and non-electronic equipment Rp. 227 million

In total, the capital required to open an Indomaret outlet with a franchise system is IDR 494 million. However, keep in mind that these costs may vary depending on the condition of the building and the type of shop.

[Gambas:Video CNBC]