Are you interested in starting the Haldirams franchise business at your location? Do you want to open a vegetarian fast food restaurant? If YES, read this review post and learn cost, investment and how to apply to own Haldirams franchise business.
Haldirams started its operation in the year 1937 from Bikaner in Rajasthan. It was then a small retail Sweet & Namkeen shop. The first model plant of manufacturing sweets and Namkeens was set up in Nagpur. In a very short time ‘Haldiram’ became a household brand countrywide.
Why Consider Haldirams Franchise Business in India?
Directorate General of Foreign Trade, a department working under the Ministry of Commerce, Government of India recognizes Haldirams Food International Limited today as a Star Export House. The company is a HACCP certified organization following strict international norms for food and safety.
Haldirams was branded as “The No. 1 brand” in the ready-to-eat Snack Food category and as India’s Most Trusted Brand, in 2003.
Currently, Haldiram exports food products all around the world. Countries like United States, United Kingdom, Australia, South Africa are few of the major importers of their food products.
The presence of a huge Indian population in foreign countries has added to the demand for the products. Surely, you will feel proud of associating with a brand like Haldirams franchise. This business not only will ensure profits but also provide you with added recognition in society.
All the retail stores of Haldirams is completely owned and run by the company itself. None of the existing units are franchised.
However, sources reveal that the company has decided to take a franchise route in expanding its network in tier 1 and tier 2 cities of India. It brings in a profitable business opportunity for people looking forward to investing in profitable branded business ventures.
Is Haldirams Franchise Business Profitable?
The company has a turnover of Rs 400 crore and a brand valuation of Rs 1,500 crore. They also have a market share of 25% in India.
They became popular because 70 years ago in Bikaner, Haldiram’s was the first to lay emphasis on the packaging and presentation of its ready-to-eat snacks.
Haldiram has an aim is to add more 150 outlets by the end of the 2020 fiscal year. They are aiming to expand its franchise network in South-West India over the subsequent 5 years.
Hence, we can conclude Haldirams franchise is a potentially profitable business opportunity.
Cost of Starting Haldirams Franchise
Haldirams Franchise, in general, operates in three formats- 1. Casual Dining 2.Kiosk 3. Quick Service Restaurants.
Haldiram’s company owns and operates all the existing stores in India.
Hladirams have three business formats in expanding their business.
1. Casual Dinner is anywhere between 1 Cr to 4 Cr. This includes 2 Office staff, Rent, Maintainance, Light, water, and Electricity.
You have to have an approx budget that you need to run is 2,5000,000. This is a must-have an amount as its requirement from Haldiram.
2. Kiosks are the easiest to maintain and lowest in terms of investment needed. You need to have proper Haldirams Licensing before selling their products.
Actually, you can apply this by applying for franchise stores permissions from the given website.
3. Quick Service Restaurants need not have much sq. area but has to be in good locations. 1 Store worker is sufficient and maintenance costs are also lower. You need approximately 1 to 3 crores in liquid cash in order to start this type of franchise.
Area Required To start Haldirams Franchise
As mentioned earlier Haldrirams distributes its franchises network in 3 Formats.
Hence, the space of operations depends on the area in which the Franchisee is planned to be opened.
All three models have seen success in a typical Indian scenario and so taking decisions pertaining to which model to go depends on how much you want to invest.
- Casual Dinner – Haldirams Franchises require at the least 2000 – 5000 Sq.Ft.
- Kiosks – Size of Kiosks should be at the least 75-100 Sw.Ft. The biggest determining factor in opening up a kiosk is the location.
- Quick Service Restaurants – Haldirams Franchises QSR needs 1000-1500 Sq.Ft
The area is not the only factor. The location and market completion around your store will also decide on your profits.
Haldirams Franchise Training
Training required for Hanldirams Franchise is quite lenient as compared to some other brands. They primarily look for business partners who are assisted with the city in concern for years.
Haldirams primarily inclines towards good track records and business goodwill.
1. The company will provide a detailed operating manual for franchisees.
2. A training period of 2 weeks situated in Kolkata.
Haldirams Franchise Support
Support from Haldirams is better than most other brands. They have a great track record of supporting their business partners in finance and marketing.
1. Business owners will have Field Assistance from Haldirams at the store during setup.
2. Its systems and solutions incorporated within Haldirams will be installed in opening the franchise.
Owners will also get expert guidance from head offices in Kolkata and Delhi.
Profits of Starting Haldirams Franchise
Haldiram is expanding its business at a good pace and the brand is always in demand. They have an aim is to add more 150 outlets by the end of the 2020 fiscal year. Thus you’ll get a good chance to get that franchise you seek.
Keep in mind a store in the prime location will demand high investment and a store in a market might require low investment. This also reflects the profits you aim to run from your store.
Haldirams Franchise Fee
Haldirams has a franchise term of 9 Years. They will keep 2.5% as a loyalty fee annually.
These conditions also depend upon the city of your business. This is because tier 2 or tier 1 Cities as rated by Haldirams has different charges and rates.
Rates in Tier 1 Cities ie, metro cities in India have much higher tariffs than in Tier 2 cities.
How to get Haldirams Franchise in India
Haldirams franchise permissions are somewhat hard to get due to their strict policies. We have provided below the website address and all contact numbers that might help you out.
Be sure when you contact them to have a direct and professional approach. Approach and attitude can prove very effective in these conditions.
Where to Contact Haldirams Franchise Business
Below are the addresses and contact numbers to get more information on the Haldirams franchise business opportunity.
M/s. Haldiram Foods International Pvt Ltd 880, Small Factory Area, Bhandara Road, Nagpur – 440008 Customer Support Number – +91 9021994899, 0712- 2681197 Business Enquiry – firstname.lastname@example.org
Haldirams corporate office is in Delhi. You can also contact at Haldirams Exports Ltd, B1/H3 Mohan Cooperative Industrial Estate, Main Mathura Road, New Delhi – 110044.
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.