Earn More Than 1 Lakh/Month with Haldiram’s Franchise! Know the Process Here

Indians love their sweets and namkeens and what better place to get it from than Haldiram’s? Popular for it maintaining the flavor of India in its products, Haldiram’s has established itself as the front-runner when it comes to Indian snacks.

Their restaurants can be found packed with customers even on a regular weekday so you can imagine the business they must be getting during festivals.

So, if you are looking to start a profitable franchise business, then a Haldrima’s franchise is the best option for you! In this article, we have mentioned all the requirements needed to start a Haldiram franchise including investment cost, commission, the application process, and the required documents.

Details About Haldiram’s 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:

• The applicant must be at least 21 years old.

• Candidates should have completed their 12th grade.

• Should know details in the FMCG distributorship industry.

• They should have the necessary investments and space.

What is the Cost of Starting a Haldiram Franchise Cost?

Depending on the type of franchise you start, the investment cost also varies. You can choose from Haldiram’s Preferred Outlet Model, and Chat Counter Kiosk Model.

Here’s a breakdown of the Preferred outlet Model:

The franchise fee or retail agency fee for Haldiram’s preferred outlet model is 5 Lakhs with GST (non-refundable). It also requires a security deposit of 1 Lakh which is refundable. The area required to open this model of Haldiram franchise requires 400-1000 sqft with a minimum 15 to 20 ft frontage (special area needed for storage). The preferred location is a prime location, ground floor, and in high football areas.  The feasible rent per month should be 25,000 to 70,000 and the total investment required is approx. 30 to 35 lakhs depending on the size of the shop.

cost and condition of renewal are 5 lakhs with GST after 5 years. The franchise has to be open 365 days with a door delivery service, 100% replacement for manufacturing defects and damages in transit, and bear 25% HPO purchase cost of fresh snacks for the first 3 months.

Haldiram’s Preferred Outlet Model provides above Rs 50,000 earnings per month depending on the location. At peak location, the business can bring in 1-2 lakh revenue easily so make sure you chose a location with huge footfall.

Here’s a breakdown of Haldiram’s Chat Counter Kiosk Model:

The Haldiram’s Chat Counter Kiosk Model franchise fee or retail agency fee is 3 lakhs plus GST (non-refundable). The cost of buying machinery and equipment is approx. 5 lakhs and the cost of renewal should be 3 lakhs with GST after 5 years. The area required to open this model of Haldiram franchise requires 100 sqft and the security amount is 1 lakh which is refundable. The preferred location is a front margin.  The feasible rent is free.

The tenure period for the franchise should be 5 years and the lock-in period are about 2 years. The franchise has to be open 365 days with operational investment including space, electricity bill, software charges, and marketing. The revenue share ratios will be 10% franchise and 90% brand.

Documents required for starting a Haldiram franchise business:

Business documents:

GST Number

MSME Certificate

Outlet Trade License

FSSAI Certificate

ITR

Property documents:

Shop agreement/ sale deed

Rent agreement

NOC

Personal documents:

ID proof: Aadhaar card, PAN card, voter card

Address Proof: Electricity bill/ ration card

Qualification certificate

Photograph, email ID, mobile number

Current account and cancel cheque

Cost of Starting a Haldiram franchise:

There is a 9-year franchise deal with Haldirams. They will keep 2.5% as a loyalty fee each year.

These factors are also influenced by the location of your business. Haldirams claims that this is the case since tier 1 and rank 2 cities have different taxes and fees.

India's metro areas fall under Tier 1 cities, which have significantly higher charges than Tier 2 cities.

Haldiram Franchise Training:

The training required for a Haldirams franchise is relatively little in comparison to other brands. They are especially interested in business partners who have helped the city for a long time. Haldirams favors working with organizations with a proven track record and a solid reputation.

Franchisees will receive a comprehensive operation manual from the company.

In Kolkata, a two-week training session is conducted.

Support provided by Haldiram team for franchise business:

Customer support at Haldirams is better than it is at most other companies. They have a history of supporting their business and marketing partners.

During the setup phase, Haldirams will offer field assistance to business owners.

When the franchise opens, its Haldirams-integrated systems and solutions will be implemented.

Owners would also get expert help from the company's Delhi and Kolkata headquarters.

How much profit do you get from Haldirams franchise?

The location and franchise model you choose will have the biggest impact on your business. It goes without saying that a franchised firm will make a lot of money if it can draw in a lot of clients. Remember that a store next to a market might only need a small investment, whilst a business in a busy location might need a larger one. Additionally, this is a representation of the profit margins you hope to reach for your company.