Opening a business franchising is undoubtedly one of the alternatives to undertaking a new project in terms of establishing your own business. This means one would obtain the possibility to own a company whilst simultaneously benefiting from an in-built brand.
A growing Indian brand of sweet shop, Aggarwal Sweets which has its name in the running race as a leading franchise model. In this article, you will read about the Aggarwal sweets franchise model, the cost and profit of that business, how to start it, and lastly, all the things that are needed in that process. Advantages & Disadvantages of Aggarwal Sweets Franchise.
Table of Contents
Aggarwal Sweets Franchise Model
Aggarwal Sweets chains are in the sweet shop franchise category. This means that you are to be the proud owner of a soon-to-be popular sweets shop under an already-established Aggarwal Sweets brand. It is currently the most popular Indian chain in India and specializes in a wide range of traditional Indian sweets, and snacks Aggarwal Sweets was established in the early 1980s.
Key Details of Aggarwal Sweets Franchise
- Brand Name: Aggarwal Sweets
- Founded: 1980s
- Line of Business: Sweet Shop
- Number of Outlets: 150 franchise outlets across India
- Setup Time: 2 to 3 months
- Franchise cost: 30-50 lakhs
- ROI Period: 1 to 2 years
- Space required: 800 to 2000 sq ft
- Official Website: Aggarwal Sweets
The franchise model is designed to give the utmost assistance and support to its franchises. You have a store management service that consists of inventory and other things inside your stores such as customer acquisition, $ycycle (helps you to sellers), etc.
How Affordable Is an Aggarwal Sweets Franchise?
Aggarwal Sweet Franchise’s one-time investment includes all the materials likely to start and run the store.
Cost Breakdown:
- Franchise Fee: Rs. 5 Lakhs – Rs. 10 Lakhs
- Infrastructure Investment: Rs. 20 Lakhs – Rs. 30 Lakhs
- Total Investment: Under Rs. 50 Lakhs
- Shop Area: 800 – 2000 Sq.ft
This infrastructure investment is basically the initial necessary expenditure for example on equipment, furniture fixtures, and as well marketing expenses. The store cannot be smaller than 800 square feet, and it should not exceed more than 2000 sq. ft size maximum to house all the stock items required for sale in case of ample purchase foreclosure situations.
What You Get?
Well, if you decide to take the Aggarwal Sweets franchise for sale then it provides comprehensive training support with which one can establish and operate their outlet.
Equipment
- Mobile Point of Sale (POS) Systems: current cash registers and POS systems to scale back the time taken for a transaction providing quicker payment methods.
- Space Efficient Refrigerations Units: Perfect for saving your sweets and snacks.
- Shelving Units: Shelves that open and close for easy merchandise display of a wide variety
- Security systems: installing CCTV cameras to provide surveillance of the store, guards in and around the store as well as alarms so that if goods are stolen security is informed immediately.
- Transport: Office Computing (Local office computers for accounting, etc) Internet Connectivity Research Materials / Knowledge Management.
These are home interior cleaning tools and appliances
Furniture and Fixtures
- Display Stands: Robust, presentable stands to keep the items well organized and within easy access of your customers.
- Checkout Counters: Neat and aesthetically designed counters for cash registers, POS machines & packing areas.
- Lights: The right light will lead to a better shopping experience, and products shown correctly, and attract the attention of consumers.
- Signage: Directional signs, and other signage for the customers with brand name specifically for Brand positioning.
- Office Furniture: Filled with desks, chairs, and other office furniture to lock the admin department inside the store.
- Customer Seat: These are any type of seat which used for customers waiting, or resting.
Marketing:
- Brand Signage- the company’s well-done signage helps to capture customer’s attention in a safe way as well as to create brand awareness of the Aggarwal Sweets logo.
- Grand Opening Promotion- the store’s opening promotion to create awareness as well as to lure in the initial clientele, first promotions are offered in the form of flyers, banners, and newspaper advertisements in the local media.
- Social Media Promotion– the company advertising on social media to create an online community as well as advertising the restaurant’s services on major social media.
- In-Store Promotions- Specific tools include wall newspapers, subway posters, banners, and shelf talkers to alert customers about our specials and promotions.
How Profitable Is an Aggarwal Sweets Franchise?
Maybe the most alluring element of collaborating with the Aggarwal Sweets Franchise is the productivity of the business. With the multitude of models of lawful designs, income sharing is considered generally appropriate for franchisees.
Income Sharing:
• Franchisee: 85%
• Franchisor: 15%
This really means that to be sure, being a franchisee, you stand to profit from 85% of the complete pay procured by your store, which is somewhat higher contrasted with numerous other diversifying plans.
Profit from Venture (return for money invested):
• Time period: 1 – 2 Years
• Evaluations: 4.40 out of 5 for return for money invested
Most leaders detailed that they could make back their underlying interest in 1 to 2 years, contingent upon how well the store is taken care of and how much the proprietor conforms to the brand’s rules. Along these lines, it returns interest in a brief time frame and consequently is a decent choice for financial backers.
Franchisee Requirements
There are a few official requirements to open the Aggarwal Sweets franchise. These requirements are designed to prepare the franchisee for knowing how to make money in this type of business.
Space and Infrastructure
Shop Area: 800-2000 Sq.ft
Employee Headcount: 10 to 15
Mandatory Facilities: Parking, billing counters, product display areas (for products sold at the shop), HVAC & CCTV setup, and computer/internet connectivity.
Documentation Needed
- Franchise Agreement
- Proprietor Photo
- Proprietor Aadhaar Copy
- Business TAN Copy
- Proprietor/Business PAN Copy
- Proprietor/Business Address Proof
- GST Registration Certificate
- NOC of Unit/Shop
- Unit/Shop Address Proof
How to Get an Aggarwal Sweets Franchise?
Getting a franchise of Aggarwal Sweets is not difficult, and the following steps highlight how it can be done:
Steps to Apply
The procedure for applying for an Aggarwal Sweets franchise is as smooth as possible because Aggarwal Sweets wants prospective franchisees to feel comfortable and start franchising as soon as possible.
- Visit the Website: Visit the Aggarwal Sweets website or speak to the franchisor.
- Fill Out the Application: Fill in the form with your name, address, business information, etc.
- Submit Documents: Franchisee should ensure that submit all the necessary documents mentioned above.
- Review and Approval: Your application will be evaluated by the franchise team of Aggarwal Sweets, and you will be informed of it further.
- Training and Setup: After submitting your application, you will get instructions on opening the store and the company’s support.
Is Owning an Aggarwal Sweets Franchise Right for You?
Like any other business deal, the Aggarwal Sweets franchise has strengths and weaknesses. To achieve this, we will review the Aggarwal Sweets franchise model and provide the business’s strengths and weaknesses.
Pros
Aggarwal Sweets is a well-known brand in India and so, it can help in attracting a lot of customers.
85% of the corresponding revenue made available to a franchisee ensures profitability– QUICK PROFITS
Full Support: The company is immensely beneficial for inventory management, product pricing, and marketing in the market.
Short PAYBACK: with a possible return in the years 1 – certainly not more than -2.
Good Range of Products: The store has different types and flavors so it is able to draw diversified customers.
Cons
High Initial Investment: The recommended investment of 30 lakhs to 50 lakhs might be expensive for some aspiring franchises.
They need to manage the stores which range from 800 Sq ft to 2000 Sq ft for operating requirements in reality, it would wear you out if you were managing 10 to 15 employees.
Marketing Support: Partial Media in the form of digital and TV are given only sometimes, local marketing is a must (This makes franchisees spend on Local Marketing as well)
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Final Words
Finally, How Affordable Is an Aggarwal Sweets Franchise? Profit & Apply in 2024. It is profitable to open a franchise of Aggarwal Sweets if you have the ability and also serve its royalty. Given its key distribution, a heavy revenue share model, and deep support from the brand…however, I think it could operate at profitability. But the initial investment and what it takes to ensure that the store can run properly is not something we tend to think about.
In the closing fragment, Aggarwal Sweets is by all odds proposing a very profitable franchise move for those attaining towards the retailing sector and desiring to get notable returns of their money in short spam! If you qualify and have what it takes, 2024 could be the year to own an Aggarwal Sweets franchise.
FAQ
What is the total investment to start the Aggarwal Sweets Franchise?
The total cost to start the Aggarwal Sweets Franchise is between Rs. 30 Lakhs and Rs. 50 Lakhs, which incorporates the establishment expense and foundation costs.
2. How much is the Franchise Fees of Aggarwal Sweets?
The Franchise fees go from Rs. 5 Lakhs to Rs. 10 Lakhs.
3. What is the region’s necessity for an Aggarwal Desserts establishment?
The expected shop region is between 800 to 2000 square feet.
4. What is the income-sharing model?
The income-sharing model is 85% for the franchisee and 15% for the franchisor.
5. What backing does Aggarwal Desserts give to franchisees?
Aggarwal Desserts offers help in stock administration, showcasing, item evaluation, and client procurement. They likewise offer preparation and progressing backing to guarantee smooth tasks.
