Haldiram’s, a household name synonymous with authentic Indian snacks and sweets, presents a lucrative opportunity for aspiring entrepreneurs seeking to venture into the world of franchising. With a rich legacy dating back to 1982, Haldiram’s has captured the essence of Indian flavors, captivating the taste buds of millions across the nation. In this article, we delve into the intricacies of starting a Haldiram’s franchise, outlining the investment requirements, application process, and key considerations for prospective franchisees.
Understanding Haldiram’s: A Glimpse into the Company
- Website: www.haldiram.com
- Type: Private Company
- Industry: Food and Beverages
- Founded: 1982
- Headquarters: Nagpur, Maharashtra
- Company Size: 1,001- 5,000 employees
- Specialties: Namkeen, Savories, Chips, Fun Foods, and Frozen Food
Eligibility Criteria for Haldiram Franchise:
- Applicants must be at least 21 years old.
- Completion of 12th grade education.
- Familiarity with the FMCG distributorship industry.
- Possession of requisite investments and space.
Investment Cost for Haldiram Franchise:
The investment cost for a Haldiram franchise varies depending on the chosen model:
1. Preferred Outlet Model:
- Franchise Fee: ₹5 Lakhs + GST (non-refundable)
- Security Deposit: ₹1 Lakh (refundable)
- Area Requirement: 400-1000 sqft (storage space required)
- Feasible Rent: ₹25,000 to ₹70,000 per month
- Total Investment: Approximately ₹30 to ₹35 Lakhs
- Earnings Potential: ₹50,000 to ₹1 Lakh+ per month
2. Chat Counter Kiosk Model:
- Franchise Fee: ₹3 Lakhs + GST (non-refundable)
- Machinery and Equipment Cost: Approximately ₹5 Lakhs
- Security Deposit: ₹1 Lakh (refundable)
- Area Requirement: 100 sqft
- Tenure: 5 years
- Revenue Share Ratio: 10% franchise, 90% brand
Documents Required for Haldiram Franchise:
Business Documents:
- GST Number
- MSME Certificate
- Outlet Trade License
- FSSAI Certificate
- Income Tax Return (ITR)
Property Documents:
- Shop Agreement/Sale Deed
- Rent Agreement
- No Objection Certificate (NOC)
Personal Documents:
- ID Proof (Aadhaar card, PAN card, Voter ID)
- Address Proof (Electricity bill, Ration card)
- Qualification Certificate
- Photograph, Email ID, Mobile Number
- Current Account and Cancelled Cheque
Franchise Training and Support:
- Comprehensive operation manual provided.
- Two-week training session conducted in Kolkata.
- Field assistance during setup phase.
- Ongoing support from headquarters in Delhi and Kolkata.
Profit Potential and Success Rate:
The profitability of a Haldiram franchise depends on factors such as location and business model. With strategic positioning and efficient operations, franchisees can generate substantial revenue ranging from ₹50,000 to ₹1 Lakh+ per month. Haldiram’s robust brand presence and wide product range ensure a steady stream of customers, contributing to the success and profitability of the franchise business.
Conclusion:
Embarking on a Haldiram’s franchise journey offers a promising opportunity for individuals with a passion for the food industry and a desire for entrepreneurial success. By adhering to the eligibility criteria, investing wisely, and leveraging the support provided by Haldiram’s, aspiring franchisees can pave the way for a lucrative and fulfilling business venture in the ever-expanding realm of Indian snacks and sweets.
