The past of Haldiram
Haldiram’s first store was in Rajasthan. Established in 1937, they expanded their network by establishing another manufacturing unit in Kolkata. Later, they chose to expand their network from a local area network to a wide area network by establishing even greater units in Jaipur in 1970.
After successfully establishing their vast network throughout a couple of states, they chose to get into the capital of India, New Delhi in the beginning stages of the 1990s. By that time, a new concept of consuming food was invented in India which was consuming prepared meals. Haldiram also chose to adopt that style to provide more and more variety for selections.
The hard work and passion to provide top-quality thighs to people resulted in Haldiram being awarded as the Largest Snack Making Company in 2017. Haldiram was founded by “Ganga Bishan Agarwal” famously known as “Haldiram Ji”. The owner of the company “Prabhu Shankar Agarwal” was found accountable for an alleged attempt to murder a Tea Stall Holder.
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Haldiram’s Franchise Cost in India
The Haldiram Franchise provides a variety of models to pursue which are Quickie Service Restaurants, Kiosk Models, and Casual dining.
- The most loved model by people is Casual Dining which lets people eat their food happily at a restaurant. While it seems easy to operate a restaurant, the very first step, of building a restaurant demands approximately 1-4 Crore rupees to run a restaurant. The rent, the staff payrolls, electricity bills, water bills, raw material for the food, and many more expenses are covered. This amount gradually increases up to 15-18 Crores. The company demands approximately 4000-5000 sq ft area for the same.
- The Kiosk Model is said to be the easiest and simplest model to work in but you have to acquire a legal license of the company for this model. It doesn’t demand very big investments in land or other things, you just have to have a legal license from the company and have a vending stall in a very heavily crowded area.
- The Quickie Service Restaurants model is a way of providing ordered meals very quickly and could be given to the consumer or delivered to the home. At this type of restaurant, a very small and limited seating arrangement is provided. The budget for this type of model is around 1-5 Crore. The company demands approximately 1500 sq ft area for the same.
| MOD( Model of Operation) | Estimated area required | Approx investment |
| Kiosk | 150-200 sq ft | Rs 50 Lakhs |
| Quick Service Restaurants(QSR) | 1500 sq ft | Rs 2-4 Crores |
| Casual Dining | 4000-5000 sq ft | Rs 3-6 Crores |
Haldriam’s Franchise
Haldram’s Franchise has a lot to offer to people or business groups who want to partner with the company. The major talking points on Haldiram’s Franchise are-
- Popularity of the Company
- Variety of Items
- Guidance and Assistance
- Financial Involvement and Returns
- Power of Industry
- Requirements of the Franchise
- Potential for Growth
Popularity of the company
When we talk about a snack company named “Haldiram”, we know that the company holds very large popularity not only in India but outside the country also. The outlets of Haldiram’s are located outside India also.
Variety of items
Haldiram’s is a very famous company that is very much able to prepare one of the best or rather best snacks in the world, top-quality prepared meals, mouth-watering desserts, biscuits, milk products, and a few more. A vast variety of items makes Haldiram’s attract a large amount of sales. Based on this, the Haldiram Franchise has become popular in the market.
Guidance and assistance
Any business that runs its franchise demands very clear and detailed help to run its outlets at multiple locations. The outlet holders would love to have strong support and clear instructions about how to set up the outlet, the inheritance of the company’s culture into staff, the offers and discounts to attract more people, and where the outlet should be placed.
Financial involvement and returns
The finances involved in owning an outlet of such a big company and being a part of their franchise demand a decent amount of money. Although with the name of such a big company and the consumer base they have, you can expect to get a good return in terms of the investments made. It also depends on the location of the outlet, how the outlet is designed, the dynamics of the market and the atmosphere the outlet has.
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Power of industry
Nowadays, the nation is going digital in every sense and the only business left with no major impact of this transition has been the food industry. To be more precise, snacks, namkeens, desserts, cookies and biscuits, and milk products are the major varieties on which the food industry is dependent. Having said that, people would not hesitate to go out and explore the outlets even during their busy schedules. The industry does hold a lot of potential, it is just that you have to be wiser and smarter about where to open an outlet and the demands of that locality.
Requirements of the franchise
You must adhere to the instructions and meet the company’s standards to manage such a large company’s retail shop. The way of life of the association and the financial pieces of the association are the directions and the rules that the association demands to meet.
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Advantages and disadvantages of the Haldiram Franchise
Like others, this company’s franchise also has some pros and cons. These are as follows-
Advantages-
- Haldiram is a very famous and popular brand in the world and it would be very easy to create a consumer base in any locality based on the name of the company.
- The variety of items the company has makes it very easy to showcase different products and have an opportunity to convert a customer into a consumer.
Disadvantages-
- The amount of money involved in just starting a new outlet of the Haldiram Franchise is so much that ordinary people cannot even dream of it.
Procedure to partner with Haldiram franchise
- Head towards the official website of Haldiram’s.
- Search and visit the form-filling website of Hladiram’s Franchise.
- The form will ask you about your personal information, some information about your business, and the area you would like to work in. Then submit the form.
- After the submission of the form, the franchise officials will analyze your credentials and your financial aspects for the needs of the franchise outlets.
- They will majorly look into the location at which you want to work in.
- After the approval of your application, the officials will contact you and will make you sign an agreement. It is a mandatory process.
- One more important thing to remember is to carry the required documents with you which are-
- Aadhaar card
- PAN card
- Voter card
- Bank account with passbook
- Electricity bill
- Ration card
- Shop agreement/sale deed
- Rent agreement
- NOC
- MSME certificate
- FSSAI certificate
- GST number
- Outlet trade license
- Ffood license
- ITR
What points should be considered before starting a Haldiram franchise business?
- Choose a very specific and very strategic site that is a crowded area, easy to access, not an area with more outlets of Haldiram, an area close to the residential locality, and last but not least, the terms of the agreement.
- The company should offer a wide range of items to showcase. The offers and discounts should be compatible with the locality’s demands.
- See if the advertising campaigns and the promotional strategies are looking good or not.
- Prepare a plan for the time of wrapping up the outlet of the franchise if in the future you decide not to continue with the franchise.
- Do not forget about the financial aspect of the franchise in terms of returns. Analyse whether the outlet of the franchise would be able to make a profit or not on the site you are thinking of working in, also consider the average profit margins and the average operational expenses.
FAQs
1. Is Haldiram’s franchise beneficial?
The aspects of profit and loss depend on the locality of the outlet, the visibility of the outlet, and the pricing and discount at the outlet.
2. What is the reason behind the popularity of Haldiram?
The vast variety of the items and the taste of those items are the main reason behind the success of Haldiram.
3. What is the estimated land area and budget required to set up a Haldiram outlet that operates via the Quickie Service Restaurants model?
The company demands approximately 1500 sq ft area and it would cost approximately 1-5 crore to build.
4. What business documents are required to apply for Haldiram’s Franchise?
Shop agreement/sale deed, Rent agreement, NOC, MSME certificate, and FSSAI certificate are the business documents required to apply for Haldiram’s Franchise.