Haldiram is a very famous name in the Indian food sector. It is particularly known for its crunchy snacks, sweetmeats as well as one of the most famous ones the Aloo Bhujia. They have more than 150 branches in India and abroad. Haldiram has thus become a household name and is considered the most lovable and the most trustworthy brand. This blog will be covering the step-by-step guide to getting a Haldiram franchise and will throw light on the costs, profits, eligibility, and the required steps to own a franchise.
Why Haldiram?
The choice to own a franchise of the famous brand does not just mean the profits it also comprises the same passion. Many people dream of running their own businesses as well as becoming antagonists of the Haldiram family might level the field of opportunities you’ve waited for. Envision yourself as a business owner who provides entertainment to innumerable households with traditional Indian sweet meats and snacks that have been popular for decades. It’s no longer a business; it’s a heritage that you can involve yourself in and grow.
History of Haldiram
The story of Haldiram started with a village in Bikaner, Rajasthan, where the man of Agarwal’s sons, Haldiram Ji known by the name of Ganga Bishan Agarwal, set up the foundation of his famous company. Hail from a Marwari family, Haldiram Ji entered the startup world by making experiments with food materials to make a unique version of Bhujia which is originally made from moth beans. He got the best combination of Bhujia by using gram flour and it became more crispy and tastier.
This Haldiram’s invention embargoed the market from others. His method of selling Bhujia at a higher price than any other brand made it a luxury brand and as a result, every supermarket in India demanded Haldiram’s Bhujia.
Over the years brand went from one city to another, from the humble beginnings in small Bikaner town to Kolkata and finally to an all-India and international brand. Even it was a great success all the time, this innovation made some kind of distinction of Haldiram’s from others in the market and the reason is that he sold the product at a very high rate. It is entirely due to the fact that one outlet of Haldiram’s the only one in Mumbai does this business.
Types of Haldiram Franchise Models
Haldiram gives more than one franchise model, which are a wide range allowing the franchisors to either have differences or to profit by it inputing bonuses or discounts for good performances, they are able to do this both on the budget and on the location they set as their main goal. There is a detail of the different kinds of franchise models from Haldiram.
Franchise Type | Space Requirement (Approx) | Investment (Approx) |
---|---|---|
Kiosk | 150-200 sq. ft. | ₹50 lakhs |
Casual Dining | 4000-5000 sq. ft. | ₹3-6 crore |
Quick Service Restaurant (QSR) | 1500 sq. ft. | ₹2-4 crore |
The Franchisee must select a kind of franchise that they feel most at home with, given their location and investment capacity. The most pocket-friendly is the kiosk model and the nearly dining model that requires a substantial investment but has more choice and service.
Haldiram Franchise Cost and Return on Investment (ROI)
Haldiram is no doubt one of the most successful food chains in India and even in other countries, hence their franchise can indeed be very profitable. However, you should put yourself into the need of comprehending the financial implications.
There’s no accident that the cost of Haldiram franchise outlets vary depending on the type of outlets. The following is a list of starting figures for the investment in a new Haldiram’s outlet of varied types:
Kiosk Model
The initial investment is about ₹50 lakhs for a Haldiram kiosk which besides the cost of setting up the kiosk, the necessary equipment, and the franchise fee is also included in this.
Casual Dining
The investment range for a casual dining outlet is ₹3 crore to ₹6 crore. This model occupies a larger place (4000-5000 sq. ft.) and high is the cost of operations (such as salaries and utilities, and maintenance).
Quick Service Restaurant (QSR)
The QSR business model requires an investment in the range of ₹2 crore to ₹4 crore with a space requisite of about 1500 sq. ft. Typically, this type of Quick Service Restaurant business operations are focused on fast serving and take-out options, which is perfect for busy areas with high pedestrian traffic.
Return on Investment (ROI)
Being the initial investment substantially important, the ROI at the Haldiram franchise is really bright. The franchisees have to be sure that they will pay back their loans within 3-5 years. Profit rates in the food and beverage industry are usually between 15-20%, and they are backed by the strong brand of Haldiram, which increases the chance of success with them.
Steps to Apply for a Haldiram Franchise
If joining the Haldiram family is something you are curious about, the following are the steps to be followed by you:
1. Pick Your Franchise Model
Firstly, one has to choose a franchise that is compatible with one’s available investment and location. Choices are Kiosk, Casual Dining, and Quick Service Restaurant (QSR).
2. Conduct Research
Shotlisting of places suitable for your franchise should be carried out by examining the amenities of potential destinations for your franchise. The key areas where consumers visit frequently and that have the requisite demographics that would be more inclined towards Haldiram’s products are the perfect ones to look for.
3. Visit Haldiram’s Official Website
Access the official Haldiram webpage, that is located at https://www.haldiramfranchisee.com. Then just follow the prescribed procedure of completing an application as a franchisee.
4. Fill Out the Franchise Form
This is the step where you give prospective franchise holders a chance to know both personal and business data about you. Name, email, your current business, and years of experience are the details to be filled in the online application form.
5. Await Contact
In the event that a Haldiram official determines that your application is in compliance with all the necessary prerequisites, a representative will contact you for further discussions, which includes the estimation of costs, contracts, and the next activities.
6. Payment and Agreement
On approval of your application, create the required investment and finalize a franchise contract in order to at once be titled the Haldiram franchisee.
7. Set Up Your Outlet
After completing the formalities, you can begin setting up your Haldiram outlet according to the brand’s guidelines.
Haldiram Franchise Eligibility Criteria
Haldiram is a brand with high reputation and the company is looking for franchisees who fulfill certain requirements summarized as follows:
- Managerial Skills: It necessitates a business management background.
- Entrepreneurial Spirit: An ideal entrepreneur must have the potential to lead a business to success.
- Customer Focus: Can you do whatever it takes to make the customer happy?
- Minimum Qualification: Qualification should be at least 12th pass.
- Age: You are supposed to be a minimum 21 years old.
- Industry Knowledge: Have you ever worked in a food and beverage industry before?
- Capital: You must come up with enough money to meet the franchise fee, set up cost, and operating expenses.
Required Documents for a Haldiram Franchise
Applying for a Haldiram franchise requires various documents to be provided by you as follows:
- Shop Agreement: Lease terms or ownership proof of the shop.
- GST Number: Registration for Goods and Services Tax.
- MSME Certificate: For businesses that qualify under the Micro, Small, and Medium Enterprises category.
- FSSAI Certificate: Certification from the Food Safety and Standards Authority of India.
- Trade License: License to operate as a food business.
- Income Tax Returns (ITR): Proof of financial compliance.
Support and Training for Haldiram Franchisees
Haldiram helps its franchisees in a proper manner through training and support. Here’s the highlight of the support provided:
Initial Training: A week before opening their outlet, franchisees need to go through a 3-day course at Haldiram’s head quarters. They learn about the operating standards, the products, the selling methods and the workshop’s customer service process.
On-the-Job Training: Franchisees and their key staff get the required practice by joining hands-on trainings among other Haldiram outlets.
Ongoing Training: Besides this, seminars and short courses of refresher classes are also included for the advantage of the franchisees. Haldiram supports that their investors remain on the decision curve and effective strategy development.
Also see – Start Business With Mio Amore Franchise
FAQs About Haldiram Franchise
1. How much does it cost to open a Haldiram franchise?
The cost of opening a Haldiram franchise varies depending on the model. A kiosk requires an investment of ₹50 lakhs, while a casual dining outlet costs ₹3-6 crore, and a QSR outlet costs ₹2-4 crore.
2. How long does it take to break even?
Franchisees can typically expect to break even within 3-5 years, depending on the location and business performance.
3. What is the eligibility criteria for a Haldiram franchise?
To be eligible, you must be at least 21 years old, have completed 12th grade, possess managerial skills, and have sufficient capital for investment.
4. Can I open a Haldiram franchise outside India?
Yes, Haldiram has a presence in over 23 countries, and they offer franchise opportunities internationally.
Conclusion
Haldiram Franchise is so much more than just an income source. In truth, it is much more of being a stakeholder and part of a heritage that has been revered for many generations. Haldiram is a seller in the food and drink industry that is looking for new, and it has its name well-known. By going through the steps given in the article you can begin your journey to be a successful Haldiram franchise owner.
Rohan Thakur, a business consultant with over 10 years of entrepreneurship experience, is the lead persona who presents the gospel to the people. He specializes in showing individuals the way to open new businesses and get franchises. Rohan makes suggestions regarding market research, finance, and business, therefore, many young entrepreneurs can achieve the stable stage of their development.
The website has been changed to https://www.haldiramfranchisee.in/