Who doesn’t love Indian snacks & sweets? Obviously, everyone does, isn’t it? Indeed, India is a country that is full of heritage and every state offers multiple flavors and varieties of cuisine. Somewhere or sometime in life, you might have thought about starting a restaurant chain(considering you a Food Enthusiast) but would have dropped the plan by seeing the complexity of owning one.
Well, you are right at your place, but what if, we guide you to start a restaurant by partnering with one of India’s leading and renowned restaurant chains and we all know about its brand image? Interesting, right?
In fact, Google is quite filled with a lot of information, where some of the websites do cover certain knowledge on starting a franchise with Haldirams, while other’s information available is quite irrelevant to us. Maybe you’ve talked about the Haldirams chain with your friends or relative, or perhaps been surfing the internet to choose the best profitable food franchise.
In this blog, we’ll be covering a comprehensive article on starting a Haldiram’s Franchise in your city with its capital required, cost, profit, expansion strategies, and step-by-step guidelines to get this franchise – and answer some common questions about the chain.
- Company: Haldiram’s
- Founded: 1937
- HQ: Nagpur, MH, India
- Industry: Food & Beverage
- No. of outlet: 11 cities and in 80+countries
- Model: Franchising & Self owned
- Area served: Worldwide
- Area Required: Min. 1000 sq ft
- Total Initial Investment: ₹ 1 Cr to 5 Cr
Table of Contents
Overview of Haldirams Franchise
It is no secret that the story of the iconic bhujia maker – Haldirams is quite inspirational, and we have all learned from somewhere about how a small namkeen shop in Bikaner(Rajasthan, India) has grown and built an empire in the Indian food and beverage market?
Having valued at more than 3 Billion Dollars(~24000 crores) and businesses in more than 80 plus countries, Haldiram’s empire was seeded in 1937 by Ganga Bishan Agarwal even before India got its Independence. Ganga Bishan Agarwal, which was fondly called Haldiram by her mother and locals used to work at a local bhujiya shop where he learned about tricks to prepare delectable tasty bhujiya.
Their expansion strategy started from 1985 onwards, when Haldirams grandson Shiv Kishan Agarwal started working on the expansion of the company by improving better shelf life and packaging of products to international levels.
Currently, the chain boasts over 400 variety of Namkeens, snacks, Sweets, beverages, frozen foods, and quick service restaurants in more than 11 cities in India. The chain also competes with some of International QSR chains such as KFC, Pizza Hut, Burger King, and many more.
Determined to take its product portfolio beyond its boundaries, Haldirams opened its first manufacturing plant in Nagpur, and quickly expanded into other locations such as New Delhi, Kolkata, Bikaner, and many more to come in future.
Please continue reading if you are passionate about fast-food franchises & this little snippet about the Haldirams chain excites you.
You may also like:
Start A Tim Hortons Franchise in India – Cost, Fee, & Profit – Tim Hortons
Is a Popeyes Franchise in India Worth the Investment? – Cost & Profit – Popeyes
How to Get a Pizza Hut Franchise in India – Cost, Fee, & Profit – Pizza Hut
Pret A Manger Franchise in India – Eligibility, Cost, Fee, & Profit – Pret A Manger
Haldirams – The Journey
Starting their journey with a small outlet in Bikaner to sell unique-spiced bhujiya to being a chain that worth more than 24000 crores that sells over 400 varieties of Namkeen, Sweet, and Refreshment drinks is quite inspirational for all of us.
This could be just a small snippet on Haldirams and we has covered in-depth about them in overview section.
Key facts about Haldirams
|2||Industry||Food & Beverages|
|4||Founders Or Parent Company||Ganga Bishan Agarwal|
|6||Number of locations||Over 11 cities|
|7||Area served||PAN India|
|8||Model||Kiosk, Quick Service restaurants,|
and Casual Dining
|9||Menu offering||Varieties of Sweet, Namkeen,|
Snacks, and much more
|10||Valuation||INR 24000 Crores|
You may also like:
Should you Go for Bikanervala Franchise? Cost & Profit – Bikanerwala
How to Start a Naadbramha Idli Franchise: Cost & Profit – Naadbramha Idli
How did Idli Guru Franchise become so Popular – Apply, Cost, & Profit – Idli Guru
How to Get KFC Franchise in India – Cost, Fee, & Profit – KFC
How much does Haldirams Franchise Cost?
The franchise fee or Total Initial setup cost for Haldirams chain will depend on the proposed geographical locations. Nonetheless, To start a Haldirams franchise in India, one would at least require an initial investment of Rs. 1 Cr – Rs. 5 Cr and a dedicated floor area of min 1000-5000 square feet to set up a brick-and-mortar retail space for Casual dining and quick service model.
Additionally, the above-mentioned initial investment for Haldirams business does cover the expenses or fees such as Franchise fees, Marketing Fees, Equipment, and other necessary fees.
Moreover, the Haldirams business offers three kind of models,
- Kiosk Model
- Quick service restaurant
- Casual Dinning
This is one of the affordable model that Haldirams offer where a franchisee can open their outlets with a minimum investment of less than 1 CR and floor area of less than 1000 sq feet.
Quick service restaurant model
In this model, it requires a significant amount of investment of at least ₹1 Cr to ₹2 Cr with a floor area of minimum 1000 to 2000 sq ft. As the name suggests, these models offer some minimum sitting area where consumers can come and enjoy their affordable and delicious meals.
This is one of the costliest Haldirams franchise model, which requires an initial investment of ₹ 3 Cr to ₹ 5 Cr rupees with the floor area of minimum 3000 square feet to 5000 square feet. In fact, their casual dining model offers a significant profit margins to their investor and these outlets are located at highly posh of the city.
We would like to bring notice to you that while Haldirams is actually looking to expand its locations through franchising, they are also looking to find the best franchise prospect to join and grow with them.
|Type of Fee||Cost and Other Details|
|Franchise Fee||Approx. ₹ 30- 40 lacs|
|Setup + Construction cost||Min ₹1 Cr for high model|
|Interior decor + Furniture||App. ₹20 lacs – 50 lacs|
|Equipment cost||₹50 lacs – 70 lacs|
|Ad Royalty Fee||Unknown|
|Net Worth||₹10 Cr|
|Available liquidity||₹5 Cr|
|Agreement Period||10 Years, Renewable|
|Total Initial Investment||₹1 Cr – ₹ 5 Cr|
You may also like:
Why Samosa Singh Franchise Worth your Investment? – Apply, Cost, & Profit – Samosa Singh
Does Cocofit Franchise really Cost ₹11 lakhs? Steps, Cost, Profit – Cocofit
Start a Burger King Franchise in India – Cost, Fee, & Profit – Burger King
[Much Awaited] How to Get McDonald’s Franchise in India? – Cost & Profit – McDonald’s
How much is Haldirams Franchise Profit Margin?
This is one of the highly debatable and search questions as the franchise’s profit margin for Haldirams may depend on several factors such as outlets geographical locations, chosen franchise model, and the capability of franchise to control its expenses.
Moreover, considering its expertise in the food industry for more than 8 decades, proven business model, varieties in menu, affordable pricing, renowned brand name, bulk purchasing power, countrywide manufacturing facility, and extensive training programme may help aspiring entrepreneur to become a part of renowned Food franchise – Haldirams and earn a handsome net profit margin of at least 10-12%.
With growing demands in the food industry, Haldiram’s may have opened the door for franchises, but it is limited to the number of candidates who certainly aspire to be a part of a food franchise or have at least a few years of experience in this industry.
You may also like:
Is Five Star Chicken Franchise Profitable? – How to Start, Cost, Fee – 5 Star Chicken
Start a Keventers Franchise – Cost, Fee, & Profit – Keventers
Must know!! Before you Start a Burger Singh Franchise – Cost, Fee, & Profit – BurgerSingh
Haldiram’s Franchise Profitability Explained
We will try to explain more about the profitability of Haldiram’s with a simple example, and yes, it could vary depending on the chosen model and city. Assuming, you have opened an outlet in a good area and with given expenses, achieved these numbers throughout the years;
|Type of Cost||Amount|
|Raw Material Cost (Max 40%)||(₹ 3,60,000)|
|:Gross Profit||: ₹5,40,000 (60%)|
|Employees salary||(₹ 80,000)|
|Marketing & Initial ads||(₹ 40,000)|
|Royalty||Unknown, should be 0|
|:Net Profit||₹ 1,80,000 (~20%)|
So, on an average, if a franchisee is able to achieve a monthly revenue of over 9 lacs per month, then he/she could earn a profit of over ₹1.80 lacs per month. Additionally, with growing demand and extensive marketing, sales may go up and that directly increases your profit margin.
Benefits of Choosing a Haldiram’s Franchise
There could be several reasons to start a franchise with haldirams. However to ease your research into it we have highlighted a few prominent reasons for owning one;
- Expertise of over 8 decades:
- As a new franchise, you may leverage its brand value and expertise of over 8 decades. It may help you cricket and recognition of partnering with renowned brand that can start your entrepreneur journey within few months.
- Varieties in Menu:
- Haldirams offer a wide range of snacks, sweet, namkeen, and many more stuffs that may help you draw customers from all categories and eventually makes your investment worthy.
- Extensive training support:
- Haldirams offers comprehensive training and support to its franchisees, including assistance in site selection, Interior decor, and other necessary stuff.
- Best-in-class marketing and advertising
- It provides strong marketing and advertising support, helping them to drive customer traffic to their outlets, ultimately helps to increase brand awareness.
- Bulk Buying power:
- Franchise owners may benefit from Haldiram’s bulk buying power and own manufacturing units, which ultimately allows them to lower their manufacturing costs and earn a few extra profits.
- and produce & serve highest quality ingredients and products at competitive prices.
- Global Presence:
- Unlike small food franchises, Haldirams franchisee owner may enjoys its recognitions of partnering with an International brand that has presence in more than 80+ countries.
You may also like:
Why One Bite Franchise is the Hottest New Trend in Fast Food – One Bite
Are Belgian Waffle Franchises a Good Investment? – Costs & Profit – Belgian waffle
What does it require to Own a Haldirams Franchise in India?
Below are the Haldirams franchise requirements in India;
- First and foremost, starting a franchise like Haldirams may involve a huge investment, and one should be ready with at least ₹1 CR for kiosk outlet and less than ₹ 5 CR for casual dining concept.
- Interested applicants are advised to dedicate themselves to the Haldirams business and follow the company standards and maintain their legacy.
- Interested applicants must undergo and complete the necessary training program offered by the Haldirams.
- Interested franchisees should have a passion to work in the Food and beverage industry and should possess the leadership and financial skills to operate a Haldirams outlet.
- Applicants are advised to secure a suitable location that meets Haldiram’s requirements, such as high visibility and easy accessibility.
What is the Support offered by Haldiram’s to Setup a store?
- Site Search and Analysis
- Store interior & exterior layout planning
- Necessary IT & marketing support
- Regular product launch & innovations
- Quality checks and Complete support for supply chain
- Staff Training Support
- Marketing & Sales growth strategies and guidelines
- All Hands Meetings to improvise the business
- Location-specific promotions during the opening and planning of the launch
How to Get Haldiram’s Franchise?
For starting a Haldiram’s store will require an enormous investment that may offer an impressive gross profit margin. Additionally, the Haldirams chain may provide several benefits, and interested candidates can take up franchise outlets in their city through their expertise and endless support systems.
One can avail this franchise using below mentioned steps;
- Visit their official website, and fill in the necessary details at their contact us page section.
Final Takeaway – Summary
Being a renowned and people’s favourite snacks and food chain, Haldirams doesn’t need introduction to anyone. It is quite famous for its delectable and uniquely spiced Bhujiya, Namkeen, Sweets, refreshment drinks, and much more.
They have present in more than 11 indian cities and more than 80+ countries that also serves over 400 varieties of product to its consumers. With an ambitious plan to course through its expansion strategy by offering franchising program may create opportunity to candidates to become a part of India’s popular snacks house.
With an Initial investment of ₹ 1 Cr to ₹ 5 Cr, the Haldiram’s chain may offer an outstanding profit margin to its stakeholders and one may anticipate an exceptional net profit margin of over 12-20%. Nevertheless, Interested applicants are advised to speak to 4-5 Haldiram’s outlet owners before applying for its franchise.
The Bottom Line – In case you are interested in the fast food industry and want to take advantage of the opportunity with an enormous investment, then you can start a Haldirams Franchise in India. With its immense legacy, expertise, and robust supply chain, one may experience stable and steady growth in their entrepreneurial journey.
So, what are you waiting for? Go and start your entrepreneurial journey with Haldiram’s!!
Good Luck!! Happy Franchising!!
Want to explore more? Then check out below franchising opportunities.
Tea & Café Franchise, Ice Cream Franchise, Food & Beverages, and Apparel Franchise
Hey, we have much more, click the button below to learn more.
How much does Haldiram’s Franchise cost in India?
Ans: The initial investment in Haldirams will range from ₹1 Cr to ₹ 2 Cr for a floor area of a minimum of 1000 sq feet. The franchise may not charge any royalty fee. The Haldiram franchise cost may vary between ₹1 Cr to ₹ 5 Cr.
Is Haldiram Franchise Profitable?
Ans: Obviously Yes, if you done your homework correctly. The profitability of Haldirams outlet may vary depending on chosen model, average customer footfall, and locality. On general, A Haldiram’s outlet owner may anticipate an earning of at least 12-20% of net profit margin.
Which is better Bikanervala or Haldiram’s?
Ans: It certainly depends on your preference as both of these brands has positioned themselves strongly in Indian market. However, based on varieties, worldwide presence, brand image, and customer experience, WE may choose Haldirams as a business partner.