Know About Haldiram Franchise Profitable in India

Is the Haldiram Franchise Profitable in India?
Well-known as the household name of snacks and sweets in India, Haldiram’s has a very lucrative franchise opportunity for entrepreneurs. Having been in existence since 1937 and comprising almost every type of snack and sweet-oriented enterprise, the brand boasts quite a reputation in the retail and food service sectors.

Haldiram's Franchise Types and Investment

Haldiram offers franchises under three different formats:

Kiosk-format:

Investment: In the vicinity of ₹10 to 15 lakhs

Size: 350-500 sq. ft.

Preferably located in high pedestrian-traffic areas such as malls or markets.

QSR:

Investment: ₹50 to 75 lakhs

Size: 1000 to 1500 sq. ft.

Takeaway and dine-in

Casual Dining:

Investment: ₹1.5 to 2.5 crores

Size: 2000-5000 sq. ft.

For a formal dining experience, the restaurant boasts a liberal kitchen and a very wide menu.

Depending on the model, the entire investment might vary, and so does the location, with some going as far as ₹10 lakh to ₹5 crore; however, the brand fee is usually a bit less, ranging between ₹1 and ₹5 crore, depending on the type of franchise.

Profit and Return on Investment (ROI)

So, the franchisees are capable of enjoying their profits in the range of 15% to 25%. This depends on various factors, including the location, efficiency of operations, and customer demands, to name a few. As an example, an area loaded with clientele might create profits at the average of about ₹1.2 to ₹1.5 lakh per month after the break-even point has been hit for this kiosk.Quick Service Restaurants (QSRs) in prime locations could generate annual sales ranging from ₹20 lakh to ₹40 lakh, with corresponding profit margins. The foodbar can be especially profitable with increased walks due to major celebrations or festivities.

Support and Training

The assistance offered by Haldiram’s to its franchisees includes,

Training: A two-week training period is conducted in all aspects of operations, customer service, and product knowledge.

Marketing: Branding material and promotional setups are provided to lure customers.

Operational Assistance: In managing inventories, staffing, quality control, etc.

The franchise agreement is usually executed for 9 years with a year of lock-in period.

Conclusion

Starting a franchise of Haldiram’s will certainly be a lucrative venture for someone who has a deep interest in the food industry and believes in delivering quality service. Given that Haldiram’s is an established brand with great backing, a variety of product options, and superb franchise support, beginning an entrepreneurial journey with Haldiram’s in the Indian context will surely give very promising results.