LOS ANGELES, CA - Quick Mart is launching a new chain of stores across the U S starting from California, Los Angeles being the company’s home base. The first Quick Mart store opened in Anaheim in 2012 and there are 14 stores under construction at present in California.
In addition, the USP includes no liquid asset, net worth, proof of funds and no credit score requirement. The approval process is brief and may take a week maximum. Quick Mart provides complete training so the owner needs no prior experience. Ongoing marketing and training support is also provided. Absentee ownership is allowed. The owner can choose the city and location of the store and Narang points out that some prime locations are available at present.
Quick Mart is financing project costs of up to 50 percent for owners going in for multiple stores (minimum two). Exclusive territory is available for $75,000 which means exclusive right for an entire city.“The build-out time is quick, 60 to 90 days after city approval and plan check,” adds Sharma. Since there are no franchise fee how does Quick Mart make money? Narang explains that at this stage the company is working on a razor thin margin. But as it is growing at 250 percent rate the company foresees Quick Mart to be a major player in the retail/convenience store segment. The company is also offering private stock options to senior investors with a decent dividend. Of special interest to the Indian-American community is the fact that the company is helping many recent immigrants to establish themselves in the US with an EB5 visa.
Narang who came to Quick Mart from a financial background in banking and serving as a strategy consultant for major corporations says his strengths in growing the brand lies in being focused, helping potential clients with a hands-on approach, to be involved in a day-to-day basis and give exemplary customer service. This is in keeping with what the founders of Quick Mart believe in - quality customer service, honesty and integrity. With 15-year retail industry background, Sharma is passionate about her role in growing the brand. She takes this as a daily challenge and feels it is very rewarding. “I am helping entrepreneurs to fulfill their American small business owner’s dream and also helping immigrants get on their feet in the US.,” she says. Sharma speaks Hindi, Punjabi and Gujarati. As for the future, expansion is on Quick Mart’s cards. It will expand in US and Canada and internationally in India and China. Quick Mart also plans to have an Initial Public Offering (IPO) in about two years.
For more info. Sharma_m@quickmartholdings.com or 1-800-670-6882