Mumbai Kulfi Franchise Cost, Profit & How to Get Started in 2024

Mumbai Kulfi has been well established as a brand in the colorful and disparate eating Market of India. Established in 1990 and headquartered in Mumbai, the brand of Mumbai Kulfi has expanded greatly over time offering a bouquet of variety kulfi flavors to its clientele. Be it the traditional kesar pista, malai kulfi, or one-of-a-kind flavors, you will find Mumbai Kulfi Franchise to be the preferred choice all over India.

About Mumbai Kulfi

Mumbai Kulfi is a well-established brand from M/s Mumbai Kulfi India Pvt Ltd in short (MKIPL) manufacturing traditional Indian desserts and frozen desserts. It was the vision of Mr. Rajesh Patel that has gone into the formation of this kulfi company which offers delicious kulfis to all kinds of Indian population, catering to different taste buds in a yummy way! Since then, Mumbai Kulfi has grown to over 300 stores across the nation. Their success has come from a focus on traditional recipes, premium ingredients, and maintaining customer satisfaction.

The Early Days of Mumbai Kulfi The journey once started from a single outlet, the primary focus was to deliver the traditional kulfi flavors that remind us about our own culture and authentic Indian sweets. Their Market Fresh series takes pride in sourcing the finest and freshest ingredients directly from farms to prepare kulfi that is made with top taste and utmost care. The brand has an extensive ensemble to choose from, including the classic Malai and Pista or outrageously inventive & contemporary Blueberry for starters also not forgetting the rich Chocolate Hazelnut. This variety is what has helped Mumbai Kulfi cater to a wide range of customers and this definitely includes people from the kid’s generation all the way up to middle-aged individuals.

Key Details of Mumbai Kulfi Franchise

• Brand Name: Mumbai Kulfi
• Industry: Dessert and Ice Cream
• Number of Outlets: 300 Plus
• Franchise Cost: ₹30 to ₹50 lakhs
• Profit Margin: 25% to 35%
• Space Required: 150 to 300 sq ft
• Official Website: https://naturalmumbaikulfi.com/

Mumbai Kulfi Brand Product Range

Mumbai Kulfi is known for the variety of products that they offer, some of which are :

• Classic Kulfis: Kesar Pista, Malai, Kulfi with Badam, and Kulfi, with Elaichi.
• Mango Kulfis: Sitaphal kulfis and Strawberry kulfi.
• Modern Flavors: Chocolate Espresso, and Butterscotch
• Specialty Seasonal: Rose, Coconut and Saffron

This huge collection confirms that the Mumbai Kulfi suits all taste buds, and hence is a hit for seasons.

Mumbai Kulfi Franchise Models

Mumbai Kulfi offers prospective franchisees two distinct models:

1. Company-Owned & Franchise-Managed (COFM): This model signifies that the outlet is owned by a company but all its operational functions are controlled & performed by franchisees. Mumbai Kulfi is also responsible for the setting up and operation of the outlet, including adherence to levels of standardization with respect to ambiance, equipment, and overall customer experience. The responsibilities of the same are day-to-day operations, customer service, and local marketing by franchisee. This is the perfect model for prospective franchisees who would like to be as hands-on a manager owner as possible, but unlike with most other opportunities, there are no high upfront costs. They offer dedicated support in terms of training, supply chain mgmt, and regular quality assessment to ensure consistency across outlets. Franchisees also gain a leg up in the form of corporate national advertising and brand awareness which can assist with foot traffic to their stores.

2. Franchise-Owned & Franchise-Operated (FOFO): Here the franchisee operates his/ her outlet independently following Mumbai Kulfi norms & standards. This model, however, allows franchisees to build their brand recognition and based on the Emmanuel Burden Century Foundation they are able to operate more independently. The investors have to incur the cost of setting up an outlet, buying equipment, and hiring staff from their end but all this will happen under your brand only! They also handle the daily tasks, customers, and local marketing. Mumbai Kulfi offers the franchisee first-rate support in terms of operational manuals and detailed training programs amongst others. As you can see, the FOFO model is perfect for entrepreneurs who have money and want to have more control over their business.

How Much Does the Mumbai Kulfi Franchise Cost?

Mumbai Kulfi Business Planning First off take typically varies between ₹ 30 Lakhs to ₹50 lakhs, covering different parts:

Investment: For infrastructure up to ₹ 15-20 lakhs of investment for store setup, furniture/interior.

License Fee: A one time license fee of Rs 1.5 lakhs which allows you to use the Mumbai Kulfi brand!

Chiller, refer and POS: 8 to12 lakhs

Furniture and Electronic Items Furniture: 5 to 7 lakhs including electric items like furniture etc.

Additional Costs: Around ₹ 5-10 lakhs estimated with rent, security deposits, initial inventory, and staff salaries, and marketing costs.

This breakdown assists the franchisees in getting well trained for their initial investment and a little time spent can guarantee an effective setup.

Mumbai Kulfi Franchise Profit Margin and Return on Investment (ROI)

Competitive profit margins in the range from 25 to 35% for Mumbai Kulfi franchisee’s ROI period may also vary, but typically these are reported to return a minimum of 12 months within one year or two years depending upon location performance and operational efficiencies. With the dessert market on a steady high, this means that we will enjoy consistent revenue This is an example of how strong marketing, short lines, and loyal customers can make BabyBeesHive a highly profitable investment in the segment of desserts.

Space Requirements

Mumbai Kulfi follows certain space parameters to make sure that they uphold the brand’s standards and deliver an excellent customer experience. A well-sized store is one with an area of between 150 and 300 square feet, which are distributed:

Area / Space: It must provide enough space for the display units, checkout points & customer interaction arenas.

Storage Facilities: Adequate storage of inventory and supplies.

Additional Infrastructure: Common Room, Washroom, and 4-wheeler parking for customer’s benefit.

A bigger Area (300-500 sq. 25,883 sq. ft.) would enable the additional largest product range and improve customer experience with ample shopping space for customers.

Benefits of Mumbai Kulfi Franchise

Here are a couple of strategic advantages to investing in the Mumbai Kulfi franchise.

A well-established brand: You can rely on the reputation of Mumbai Kulfi to draw in potential customers and earn their trust.

Operational Support: Mumbai Kulfi provides full assistance in training and SOPs that makes sure the customers get a smooth functioning of their business.

A Marketing Hand: Your promotional campaigns, print/electronic leaflets, and online marketing strategies boost brand recognition by bringing in clients.

Product Portfolio: A wide variety of Kulfi flavors suitable to all taste buds ensures consistent demand throughout the year.

Profitability: With high margins and regular revenues, it does seem like a good idea.

Growth Prospects: Mumbai Kulfi has a lot of growth potential for the franchisees with upcoming plans to grow their network.

Documents Required for Mumbai Kulfi Franchise

The following documents are required for franchise applicants to begin the franchising process:

Franchise Agreement: A legal agreement that specifies the rights, obligations, and terms of a franchise relationship.

Copy of Aadhar card, PAN and other photos ID which is issued by Government.

For Business Registration: PAN card of the company, GST registration certificate & proof for business place

Proof of Finances: Last Electricity Bill, No Objection Certificate (NOC) from local authorities and fire department clearance.

These prerequisites help maintain transparency and an effective relationship between the brand and its franchise partners of Mumbai Kulfi.

How to Apply for a Mumbai Kulfi Franchise?

Securing a Mumbai Kulfi franchise involves a straightforward application process:

1. Contact Mumbai Kulfi: Franchise information is available on the official Mumbai Kulfi website (https://www.mumbaikulfi.com/contact-us/).
2. Submit Details: Provide personal and business contact information, employment history, and preferred franchise model via an online franchise inquiry form.
3. Documentation: Submit all necessary documents according to the franchise policy.
4. Evaluation: Mumbai Kulfi reviews the application and notifies applicants of their approval status.
5. Franchise Agreement: Upon approval, sign the franchise agreement, pay the franchise fee, and begin preparations for the store.
6. Launch and Support: Receive comprehensive training, marketing support, and ongoing assistance to ensure successful business operations.

For further assistance, prospective franchisees can contact Mumbai Kulfi at:

• Phone: +91-22-12345678
• Email: info@mumbaikulfi.com
• Address: Mumbai Kulfi HQ, Andheri East, Mumbai, Maharashtra

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Conclusion

In Conclusion, Mumbai Kulfi Franchise Cost, Profit, & How to Get Started in 2024, purchasing a Mumbai Kulfi franchise offers a profitable chance to participate in India’s expanding dessert market. Franchisees can anticipate success and profitability with a strong brand, a wide selection of products, and all-encompassing support. Mumbai Kulfi franchises succeed in the competitive market by combining low-cost tactics, high-quality items, and operational efficiency to deliver wonderful experiences to clients nationwide.

FAQs

Aspiring business owners can use this thorough guide to make well-informed selections when considering a Mumbai Kulfi franchise, leveraging the company’s well-known brand and devoted clientele to create a lucrative enterprise.