The restaurant business is highly competitive in the Indian market and hard to retain customers. But Haldiram is one of the successful businesses that made its presence like a king in the restaurant industry. Haldiram is expanding its roots every year by offering profitable franchises to dominate the entire restaurant business. Rich products in taste are committed by the Haldiram and able to run like a premier restaurant. Haldiram is a very popular restaurant in India that’s why people are interested in buying its franchise. But the question is, Is the Haldiram Franchise profitable or not?
We will analyze the Haldiram franchise business so that you have a deep understanding of the Haldiram franchise’s profitability.
Everyone knows about Haldiram and has trust. Franchise is a way of expanding its network in India’s tier 1 and tier 2 cities. Haldiram provides various types of franchises like quick service restaurants, kiosks, and casual dining.
There are various factors are depend on profitability such as investment, fee, location, staff, and population. But the most important factor is location and population.
If you want to get a franchise at a premium location then you will earn remarkable profit.
Haldiramprovide high-quality ingredients and a rich taste.
It has a wide distribution network and product innovation.
Haldiram’s strong brand marketing will help you to drive traffic.
This is a value-for-money franchise business. So you can assume that you will make money after getting the franchise.
Before starting a franchise of any business, you have to make sure that you have done deep research and strong preparation for the franchise. Market research is important too. Here are steps on how you can apply for the Haldiram Franchise -
Haldiram has its website. So, you need to visit the official website.
Now you have to fill out the inquiry form. Submit the form.
After the inquiry form, you will receive a detailed application form that needs to be filled by you.
The team will evaluate your application and if you are selected then you will be invited to the branch.
Then, you need to sign the agreement of the franchise. Read the terms and conditions before signing.
Haldiram will provide you with training for your staff and help you set up a restaurant.
What is the profit margin of the Haldiram Franchise Business?
There are different Models under the Haldiram brand like Kiosk, OSR, and casual dining. You can go with any one of the franchise models at your capacity.
If you open a kiosk then you will earn 10 to 15 percent profit at high high-traffic area. This needs a small investment but the product quantity will be less.
OSR is a quick-service restaurant that has more options for chaat and meals. It may give you a 15 to 20 percent profit margin. You have to invest more than a kiosk.
Casual Dining has the highest potential to attract more customers and generate 20 to 25 percent profit. It may need 50 lakh plus investment and another operation cost.
You have to do your own research and find which option is best for you.