Starting a franchise with a reputable and beloved brand like Haldiram’s can be a dream come true for many aspiring entrepreneurs. This blog provides an in-depth analysis of the costs, profit potential, and application process for a Haldiram franchise in 2024. Additionally, we'll explore how Tradesworld can assist you in making your franchise journey smooth and successful.
Haldiram's is one of India’s most iconic and trusted brands in the food and snacks industry. Known for its wide variety of sweets, namkeens, and ready-to-eat products, Haldiram’s has a strong market presence and a loyal customer base. For entrepreneurs, opening a Haldiram franchise presents an opportunity to tap into a well-established market with a proven business model.
Opening a Haldiram franchise involves several key expenses. Here’s a detailed breakdown of the estimated costs:
Haldiram Franchise Fee-3 to 10 lakh
Franchise Agreement period-9 years
Royalty fee-2.5% annuallyFranchise ModelsInvestment Required
Kiosk Model-30 to 50 lakhs
Quick Service Restaurant (QSR) Model-2 to 4 crores
Casual Dining Model-3 to 5 Crore
A Haldiram franchise offers significant profit potential due to the brand’s popularity and the growing demand for its products. Here’s an overview of the potential financial performance:
Total Investment-30 lakh to 5 crore
Profit Margin-14% to 20%
Return on Investment Period-2 to 4 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 Haldiram 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.
Haldiram offers comprehensive support to its franchisees, including initial training, marketing support, ongoing operational support, and access to a dedicated franchisee support team.
Yes, Tradesworld can assist in establishing multiple Haldiram franchise locations, offering the same level of support and ensuring consistency across all outlets.
Haldiram franchise costs vary in India based on the type of franchise model you choose. Kiosk Model: 30 to 50 lakhs
Quick Service Restaurant (QSR) Model: 2 to 4 crores
Casual Dining Model: 3 to 5 Crore.
As a franchisee of Haldiram, you can expect a profit margin of 14 to 15% of the total revenue.
The area required to open a Haldiram franchise is different for each franchise model.
Kiosk Model: 150-200 sq ft
Quick Service Restaurant (QSR) Model: 1500 sq ft
Casual Dining Model: 4000-5000 sq ft
In conclusion, how affordable is opening a Haldiram franchise in India? in 2024. Haldiram is providing an affordable franchise opportunity for all who have the desire to kick-start their business by providing franchises in 3 models: the kiosk model, the quick service restaurant (QSR) model, and the casual dining model. Based on your investment and the area you have, you can choose a suitable franchise model. As a franchisee, you can expect a 15–20% profit margin, and within 2–3 years, you can recover your initial investment.
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