Haldiram was founded by Shri Ganga Bhishen Agarwal in 1937, in the city of Bikaner, Rajasthan. It all started as a small namkeen and sweets shop! Aiming at the expansion of the company, the first manufacturing plant of the company was opened in Kolkata. A larger manufacturing plant was started in Jaipur, in 1970. In the 1990s, it opened another manufacturing plant in Delhi and it has been expanding and thriving ever since!
Snacks, bites, sweets, and desserts are loved by everyone. Indians in particular, love to eat snacks whether it is for themselves or to be served to someone else! Sweets and desserts are a very important part of the rich Indian food culture. Every special occasion starts and ends with eating sweets! Indians believe in the fact that every special occasion needs a bit of sweetness added to it. Be it Diwali, or good news, or even someone’s birthday. It’s no lie that there isn’t really any brand, more known for the best of its sweets and snacks other than Haldirams.
How to Open Haldirams Restaurant?
Haldiram’s total turnover is around 400 crore rupees and its valuation is estimated to be approximately 1,500 crore rupees. The company has also managed to capture 25% of the Indian market share. They have taken up the method of franchising as they want to expand the business furthermore and are aiming to open about 150 outlets by the end of this year. So overall, Haldiram looks like a great option for investing.
Haldiram’s has a strict set of policies. Due to this, permission for a franchise is a little difficult to get. But, an investor can go through the given steps to apply for a Haldiram franchise-
- For the first step, an investor has to decide as to which type of franchise does he/she wants, i.e casual dinner, kiosks, or quick-service dinner.
- After deciding the type, he/she has to contact the people in the company through an email or a call to enquire about the franchise.
- The franchisee has to select a decent and suitable location for the outlet and put forward the proposal to the company.
- If approved, The franchisee and the company, then sign a franchise disclosure agreement in order to provide the dealership.
Haldiram Franchise Online Apply
In order to apply for the franchise online, the individual willing to take up the franchise needs to visit the Haldiram dealership distributorship franchise. Then, there is a contact form that needs to be filled up on the website. A whole procedure is then followed through the website as guided.
Haldirams Distributor Margin
In regard to this, no specific information available on the internet. In general, the revenue and profits of a Haldiram franchise depend on the type of franchise and the location of the outlet. Whoever chooses to take up a Haldiram franchise needs to have good business acumen and good thinking and interpretation. With this, he or she is bound to earn big margins of profit from the franchise.
Haldiram Franchise Income
With a wide range of about 400 exclusive products, The income of a Haldirams franchise can be hypothetically estimated. For instance, You made a Total investment of Rs.1 crore in the franchise. Approximate Expenses incurred in a month-
Let us assume :
Rent paid for a 2000 sq ft. Area is Rs.7,00,000. Salaries paid to 10 employees (Rs.10,000x 10), is Rs.1,00,000. Miscellaneous expenses incurred are about Rs.10,000. So the total expenses would be 8,10,000 rupees.
Income earned in a month :
Now let’s assume that the average footfall of customers in a day is about 200 customers. The Average amount an individual spends in-store is Rs.300. Total income earned in a day (200*Rs.300) will be Rs.60,000. Total income earned in a month (Rs.60,000*30) would be Rs.18,00,000. Now assuming that the gross profit for the month is about 55%, the total profit earned in a month would be (55% of 1800000 – 810000). Rupees 1,80,000 per month!
With approximately 180000Rs. As profit per month, your initial investment will be returned to you in about 6-8 months.
So taking into consideration this hypothetical example and all the other statistics, a Haldiram franchise is a very good opportunity for investing. The initial cost might be high but the returns usually compensate for the high cost of investing for such a huge and renowned company’s franchise.