Bikanervala is a renowned name in the Indian food industry, celebrated for its wide range of sweets, snacks, and traditional Indian cuisine. With a strong brand presence and loyal customer base, a Bikanervala franchise offers a lucrative business opportunity. In this blog, we will delve into the costs, profit potential, and steps to start a Bikanervala franchise in 2024, with insights on how Tradesworld can assist you in this venture.
Investing in a Bikanervala franchise comes with several advantages:
Opening a Bikanervala franchise involves several costs. Here’s a detailed breakdown of the estimated expenses:
Franchise Fee-2 to 10 lakh
Estimated setup cost-25 to 40 lakh
Initial Inventory-5 to 10 lakh
Royalty Fee-5%
Other Expenses-10 to 20 lakh
Franchise Agreement-5 years
Total Investment-2 to 5 Crore
A Bikanervala franchise offers significant profit potential due to its established market presence and growing customer base. Here’s an overview of the potential financial performance:
Total investment-2 to 5 crore
Profit Margin-10 to 15%
Return on Investment-4 to 5 years
Tradesworld specializes in facilitating franchise setups, providing comprehensive support throughout the process. Here’s how Tradesworld can assist:
Tradesworld helps identify prime locations for your Bikanervala franchise, ensuring high visibility and accessibility. Services include:
Tradesworld offers support in securing financing through:
Tradesworld manages the project from start to finish, ensuring timely and cost-effective completion. Services include:
Franchisees typically need to pay ongoing royalty fees, which are a percentage of the monthly gross sales. These fees support the brand’s national marketing efforts and ongoing operational support.
The investment of the Bikanervala franchise varies based on the location and store size. total initial cost ranges from Rs. 2 crore to 5 crore. The minimum area required to open an outlet is 1200 sq. ft to 2000 sq ft.
Bikanervala offers a wide range of high-quality food products, including Moong Dal Halwa, Bikaneri Bhujia, Kaju Katli, and other mouthwatering treats.
The brand has a strong reputation and a large customer following in India. Most of the brand outlets are franchise models, allowing interested applicants to join the Bikanervala family.
Bikanervala franchises can be profitable, with a profit margin of 10-15%.
Franchisees need to meet the initial investment requirements. They should have a passion for food and customer service.
Documents Required to Start a Bikanervala Outlet: Specific documentation may vary, but generally, you’ll need legal and financial documents, including business licenses, NOCs, and lease agreements.
challenges may arise, such as competition, operational costs, and market fluctuations.
Interested individuals can apply through the official Bikanervala franchise website or directly contact the brand’s representatives.
In Conclusion, Bikanervala Franchise: Cost, Profit and How to Start in 2024 is an excellent option for entrepreneurs who have experience in business or who have previously operated a business. This franchise opportunity is not right for individuals looking to launch their first business. Because you must wait four to five years to receive your money back due to the high initial investment of two to five crores with a profit margin of 10 to 15%. needs between 1200 and 2000 square feet to set up an outlet, employs 10 to 12 people, and is a great option for entrepreneurs who want to market well-known Indian food.
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