Start a “Royalty Free” Giani Ice cream Franchise – Cost, Fee, & Profit Margin
Are you looking for a “Royalty Free” Ice Cream Franchise? Starting a Giani Ice cream franchise will be the best option and would certainly conclude your research for same.
In this guide, we’ll dive deep in to Ice cream industry growth prospects along with the Giani Ice cream with capital requirements, fee, profit, and step-by-step guidelines to get this franchise – and answer some common questions about the chain.
- Space required: Min. 200 Sq. ft.
- Franchise Fee: Rs. 5 lacs
- Royalty Fee: -Nil-
- Machinery & Equipment: Rs. 4-4.5 lacs
- Interior Cost: Rs. 5-8 lacs
- Billing Software: Rs. 50000-70000
- Opening Stock: Rs. 2 lacs
- Agreement Period: 10 years
- Total Initial Investment: Rs. 18-20 lacs
Understanding the Ice cream Industry Growth Prospects
One of the most beloved and well-liked desserts among Indians is ice cream, which is typically offered before or after meals. The rapid expansion of these chains is primarily due to the frequent eating out habits, affordability & deliciousness, and rising per capita income, ultimately creating a positive outlook for the Ice cream industry in India.
According to Imarc Research, the Indian ice cream market was estimated to be worth Rs. 165.2 billion in 2021 and is projected to expand to Rs. 436.2 billion by 2027, registering a remarkable CAGR growth of 17.69% over the forecast period of 2021–2027.
Giani Ice Cream Snippets
Giani Ice cream is one of India’s oldest and most renowned Ice cream franchises, engaged in processing and serving varieties of 100% vegetarian Ice creams, faluda kulfi, Italian gelato, sorbet, and snacks. Its entire range of products is popular among kids, youths, and adults.
The Journey from serving delicious ice cream from a single outlet amid busy lanes in Fatehpuri, Chandani Chowk in Delhi in 1956 to expanding to several cities with over 250 outlets(Out of which 40+ of them are in Delhi/NCR region) and more upcoming plans for outlet expansion is mesmerizing.
Please continue reading if you are passionate about Ice cream franchises & this little snippet about the Giani Ice cream franchise excites you.
We will offer comprehensive and well-researched information regarding the Giani Ice Cream chain, along with its price, fees, profit margin, and—most importantly—the reason “Why” you need it.
Table of Contents
Overview of Giani Ice cream Franchise
Started in 1956 by Giani Gurucharan Singh(After migrating from Pakistan), Giani Ice cream is one of India’s renowned and oldest Ice cream chains. They have more than 250 locations spread throughout numerous cities, including more than 40 in Delhi and the National Capital Region.
They are well-known for serving hundreds of different flavors of ice cream that people of all ages adore.
Below is the range of products that Giani Ice Cream caters,
- Ice creams
- Faluda kulfi
- Italian gelato
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Why Choose a Giani Ice cream Franchise?
Owning a Giani outlet would undoubtedly be advantageous, given its history of outlet success, brand presence, and strong brand recognition. The following are the main benefits of owning this franchise:
- Experience & Expertise:
- As mentioned above, it is one of the oldest and most popular chains, operated and controlled by experienced management. It enables the franchisee to run efficiently and expand their shop in India.
- Royalty Free:
- Any franchise has a significant component called the royalty fee, which the franchisee owner pays a nominal fee to its franchise. However, there aren’t any royalties due in the instance of Giani Ice Cream. It will allow the franchisee owner to increase their profit margins slightly.
- Low Investment and Higher profit Margin:
- Giani Ice Cream chain offers high-profit margins to its franchisee unit holders at a low investment cost. It allows the unit holders to run this franchise seamlessly for a long.
- Low Expenses:
- Interested applicants can open their outlets after getting approval from the team with a minimum space requirement of 200 sq. ft., which will ultimately reduce the expenses like Rent fees, Staff Salary, Electricity charges, and others that impact our profit margin severally.
- End-to-End Support:
- The franchise team offers ample support right from choosing a high growth-oriented location, Interior designing, Procurement of equipment, robust raw material supply chain, and inauguration.
- Proven business model:
- The chain follows a proven business strategy that has given repetitive success over the years and ultimately enabled them to expand its outlets to multiple locations.
- Award and Recognition:
- Giani’s chains have received awards and recognition from several media houses and franchise platforms, enabling the franchisee unit holders to run the business without worrying about branding and promotion.
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How much does a Giani Ice Cream Franchise Cost?
The Giani chain’s franchise cost breakdown is pretty straightforward. However, one must understand that the there are several other cost involved in setting up an outlet other than the franchise fee.
The interested candidate will benefit immensely from a self-detailed market analysis and brand growth potential, which will give them knowledge of the franchise.
The franchise caters multiple model to the interested applicants,
- Small Outlets
- Large Outlets
Below is the cost involved in setting up an franchised outlet:
|Essentials||Cost and other descriptions|
|Space required||Min. 200 sq. ft.|
|Franchise Fee||Rs. 5 lacs|
|Machinery and Equipment||Rs. 4-4.5 lacs|
|2D & 3D floor Designing||Rs. 30000-35000|
|Interior Cost(Includes Furniture, Décor, Light and other necessary )||Rs. 5-8 lacs|
|Billing Software(Includes POS, Computer and systems)||Rs. 50000-70000|
|Opening Stock||Rs. 2 lacs|
|Total Initial Investment||Rs. 18-20 lacs|
Please look at other major details about this franchise listed below,
|Agreement Period||3 Years and extendable up to 10 Years|
As per the above data, Giani Ice cream franchise cost in India will be approx. Rs. 18-20 lacs. However, we would recommend you to keep few extra cash ready for initial few months to run this business.
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How much is Giani Ice Cream Franchise Profit Margin?
As mentioned earlier, the Giani Ice cream offers a high profit margin on its entire range of products, making it a highly profitable and do-able business. Usually, it can be operated with a minimum workforce(2 staff) and space area of 200-300 sq. ft.( requires low rent expenses).
However, I would try to elaborate more on this for better understanding. Let’s assume that outlet(Tier 2 city) is making a monthly sale of Rs. 7 lacs.
|Average Monthly sales||Rs. 7,00,000|
|Cost of Products(@50%)||Rs. 3,50,000|
|GST (5%)||Rs. 35,000|
|Royalty (Nil)||Rs. 0|
|Gross Profit(@45%)||Rs. 3,15,000(@45%)|
|Less: Operating expense||Less: Operating expense|
|Rent (Inc. GST)||Rs. 15,000|
|Salary (2 personnel)||Rs. 20,000|
|Misc. expenditures (Marketing)||Rs. 10,000|
|Net Profit(@35%)||Rs. 2,45,500(@35%)|
Hence, the rough estimate would provide enough insight on the Giani Ice cream chain. One can expect a gross profit margin of 45% and a net profit margin of 30-35%(Depending on chosen area, location, and market conditions).
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Giani Ice cream Franchise Return on Investment
The Giani Ice cream franchise in India offers great return on investment on its entire range of product. According to an estimate, the franchise offers a higher ROI on its investment with an average payback period of 8-12 months(varies depending on location, city and market conditions).
|Essentials||Cost and description|
|Total Investment (approx.)||Rs. 20,00,000|
|Annual Net Profit||Rs. 24,00,000|
|ROI||More than 100%|
|Estimated Payback Period (Months)||Around 10 months|
Document required for Giani Ice Cream Franchise
Interested prospects should be able to produce the original documents like,
- GST License
- FSSAI License
- Trade License
- Pan Card/ Aadhar card
- Bank Passbook
- Franchise agreement
- Passport size photos
- Address proof of site
- 360 degree view/video of proposed location
Make sure the place you choose is at least 3–4 kilometers apart from the other Giani Franchisee unit.
Giani Ice cream franchise Support
Below is the key supports offered by this chain,
- Site selection and assessment
- Store layout design and setup
- Procurement of equipment
- Operational support for raw material and other supplies
- Marketing and Promotions on online and offline channels
- Expert management guidance in opening and operating the franchise
- Current IT systems being used (POS / Inventory Management Module, CCTV Monitoring, etc.) included in all the franchise models
- End to End Management Support
Raw materials or ranges will be delivered via train (New Delhi) & franchisee unit holders are required to pick up the parcels/materials from their respective locations.
How to get Giani Ice cream Franchise
To get a Giani Ice cream outlet is quite simple; one has to visit their official website and fill up the required form for same. However, The highlighted link would take you to the franchise page. Scroll a bit & click on Enquire now button and fill in the necessary details.
You are request to fill in the details like Name, phone number, email address, state, city, outlet area, outlet details, Investment capability, means of financing.
Your franchising journey begins after you submit the form and a franchise team member contacts you by phone or email.
Official Details of Giani Ice Cream franchise
|Giani Ice Cream franchise contact number||98100 44785|
|franchise Email Address||[email protected]|
|Official address||Plot No. 2, Road # 81, West Punjabi Bagh, New Delhi|
Good Luck!! Happy Franchising!!
Started in 1956 by Giani Gurucharan Singh, Giani Ice cream is one of India’s most popular and oldest ice cream franchises. They are known for offering more than a hundred varieties of 100% vegetarian Ice cream, faluda kulfi, Italian gelato, sorbet, and snacks.
They have more than 250 locations spread throughout numerous cities, including more than 40 in Delhi and the National Capital Region.
It also offers a franchise program for interested prospects with an initial investment of approx. Rs. 18-20 lacs & in return, provides an impressive profit margin of 30-35%.
It will be advantageous to any interested franchisee prospects given its royalty-free franchise, low initial cost, high-profit margin, and robust support system.
That’s it from my side. Friends, I sincerely believe that my guide on “Start a Giani Ice cream Franchise – Cost, Fee, & Profit” was quite extensive, helpful, and educational, but if you’d need more details, you can check out the franchise’s official website. If you like this piece, kindly let me know by leaving a comment and spreading the word to as many of your friends as you can; Your comments offer us more inspiration to keep producing high-quality material for you. Many thanks.
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How much does it cost to start a Giani Ice Cream franchise?
Ans: To set up a Giani Ice cream will cost you approx. Rs. 18-20 lacs. The cost involved in setting up Giani Ice cream outlet franchise is listed below,
Space required: Min. 200 Sq. ft.
Franchise Fee: Rs. 5 lacs
Royalty Fee: -Nil-
Machinery & Equipment: Rs. 4-4.5 lacs
Interior Cost: Rs. 5-8 lacs
2D & 3D Floor Planning: Rs. 30000
Billing Software: Rs. 50000-70000
Opening Stock: Rs. 2 lacs
Agreement Period: 3 Years and extendable up to 10 years
Total Initial Investment: Rs. 18-20 lacs
Is Giani Ice Cream franchise profitable?
Ans: Any franchise’s profitability depends on several variables, including market conditions, site location, and consumer footfall. However, with a low investment of Rs. 18-20 lacs, one can anticipate a gross profit margin of 45-50% and a net profit margin of 30-35%.
How much does a Giani Ice cream franchise owners make?
Ans: The franchise follows a proven business model which allows them and its franchisee unit holders to operate them seamlessly for long. However, after all cost cut and expenses, the franchisee owner can earn at least Rs. 2-2.5 lacs per months.
How long does it take to complete the Giani Ice cream franchise process?
Ans: The complete application process involves steps from filling up the application form to Store opening and further ongoing support. This entire application procedure will last for at least 45-70 days.