Starting a franchise with Meridian Ice Cream, a renowned brand known for its high-quality, delicious ice cream, can be a rewarding business opportunity. Understanding the costs involved and the potential profit is crucial for making an informed investment decision. This blog will detail the costs of opening a Meridian Ice Cream franchise, the profit potential in 2024, and how Tradesworld can assist in the entire process.
To help you navigate the financial requirements, here's a detailed breakdown of the costs involved in opening a Meridian Ice Cream franchise with Tradesworld’s expert guidance:
Franchise Fee-3 lakhs +GST
Estimated setup cost-5 lakhs
Initial Inventory-2 lakhs
Royalty Fee-3% After 3 years
Other Expenses-2 lakh
Working Capital-3 lakhs
Franchise Agreement-3 years
Total Investment-15 lakhs
The profitability of a Meridian Ice Cream franchise can be highly rewarding, thanks to the brand’s strong market presence and customer loyalty. Here’s an overview of the potential financial performance:
Sales Per month-5 to 6 lakhs
Gross Profit Margin-45%
Return on Investment-12 months
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 Meridian Ice Cream franchise, ensuring high foot traffic and visibility. 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:
To open a franchise of Meridian requires an initial investment of 15 lakhs, which includes the franchisee, setup costs, working capital, and others.
Meridian Ice Cream franchisees typically need to pay ongoing royalty fees, which are a percentage of the monthly gross sales. These fees help support the brand’s national marketing efforts and ongoing operational support.
Meridian Ice Cream 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 Meridian Ice Cream franchise locations, offering the same level of support and ensuring consistency across all outlets.
The timeline can vary, but typically it takes about 6 to 12 months from initial inquiry to the grand opening of the franchise outlet.
Ideal locations include areas with high foot traffic such as shopping malls, commercial districts, and urban centers.
In conclusion, How much does the Meridian Ice Cream franchise cost? & Profit in 2024, Meridian Ice Cream is the finest franchise opportunity with an affordable investment of 15 lakhs, a 45% gross profit margin, training for the staff, complete support for the franchise, no preferred location, and no royalty fees. People who want to start their business without making much effort can start it. Before choosing a location for the franchise, consider the competition for the ice cream business.
For more detailed information and to start your application process, visit Meridian Ice Cream’s official franchising website or contact Tradesworld directly.
we offer a comprehensive package designed to maximize your selling potential. Here's what you can expect when you buy our package
sale Business, Land, Property, Farm, Company, Franchise arrow_forwardCopyright © 2022-2024 Buy a Business | Sell a Business | Buy Franchise | Trades World. Proudly powered by Sky White Infotech Pvt. Ltd.