The changing landscape of the Indian food and beverage industry has solidified Mr. Idli as one of the other popular South Indian cuisine brands in India- Inception – Mr. Idli has flourished tremendously since its outset with a mission of spreading the pure essence and rich flavors to all common people serving traditional as well as new dishes suiting every taste bud. Mr. Idli franchise has become the favorite of food lovers across India as it offers quality and taste commensurate with their expectations consistently
Table of Contents
About Mr. Idli
Mr. Idli is one of the well-known brands their bread and butter comes from serving amazing South Indian food items The concept was created to provide customers with the best Food South Indian Goodness in terms of quality, service & pricing. Mr. Idli over the years has multiplied its footprint by opening numerous outlets across India and what started as a novelty, now is considered to be home for all South Indian food lovers! Known for its quality, hygiene, and customer satisfaction Shree Gurukrupa has become a name in the food industry.
Key Details of Mr. Idli Franchise
- Brand Name: Mr. Idli
- Industry: Food and Beverage
- Number of Outlets: 150 Plus
- Franchise Cost: ₹30 to ₹50 lakhs
- Profit Margin: 20% to 25%
- Space Required: 200 to 500 sq ft
- ROI Period: 18 months to 2 Years
- Official Website: mridli.com
Mr. Idli Product Range
At Mr.Idli, they have an extensive menu including some very delicious South-Indian delicacies and new-age tastes. The product range includes:
- Idlis: Different types of idlis i. e Plain Idli, Rava Idly, and Stuffed
- Dosa: Masala Dosa, Rava Dosa and Cheese dosa
- Vadas: Medu vada, masala varasini.
- Uttapams (with onion, tomatoes, and mixed vegetables)
- Rice Treats specific to South India like lemon rice, tamarind rice, and curd rice.
- Sides: Chutneys, sambars, and other side traditions of your cuisine.
Mr. Idli Franchise Models
Mr. Idli provides two franchise models to its future franchisees:-
Kiosk Model: This model is launched in malls, railway stations, and airports or where there are high walk-in customers The kiosk model is a lower investment and space concept with the menu being more focused.
Restaurant Model: This model is perfect for individual outlets and larger spaces. This would cost more and require ample space, but allows for a complete package of everything on your menu along with dine-in service.
How Much Does the Mr. Idli Franchise Cost?
The cost of building a Mr. Idli franchise location runs between ₹30 lakhs to ₹50 lakhs and regardless, the following expenses as well which is covered by this budget line only:-
- Infrastructure Investment: 15 to 20 lakhs (including interiors and kitchen equipment)
- Franchise Fee: ₹5 lakhs which includes the fee of the licensee for using Mr. Idli brand name
- Investment Costs: Kitchen equipment 5 to 10 lakhs, POS system, etc.
- Furniture and Fixtures: ₹ 3 to 5 lakhs on furniture, fixtures & other requirements.
- Extra costs: ₹2 to 5 lakhs (First Inventory, Salaries of staff, and Advertising charges) for working capital.
This division of investment allows franchisees to be financially equipped at the start and during the operations phase in business.
Mr Idli Franchise Profit Margin and Return on Investment (ROI)
A typical Mr. Idli franchise earns 20% to 25% on sales as a profit margin. ROI varies but is approximately 18 months to 2 years because it depends on the location and sales performance/ operational efficiency. Classic and ongoing revenues are high, as the brand has strong market penetration rates with a large number of loyal customers.
Space Requirements
Mr. Idli has a space criterion as each franchisee needs to honor the brand’s standards of customer experience, so it is imperative that franchises have enough space to comply with these norms. To Setup, Mr. Idli Franchise requires an area between 200 to 500 sq. ft including the following areas:
- Kitchen: Enough space for cooking and food storage.
- Dining Area – Seating arrangement for customers (if available).
- Store Place: to keep raw things and kitchen items.
- Countertop Space: Order desk and buyer service
The restaurant model may need larger spaces for seating and additional menu items as the layout expands.
Benefits of Mr. Idli Franchise
There are factors that make investing in Mr. Idli franchise advantageous :
Aren’t we known for Mr. Idli: How about leveraging the established brand of Mr. Idli brands?
- Operational Support: You will be provided with training and operational guidelines from the franchisor.
- Marketing Support: Access to national and local marketing efforts, promotional materials, and digital team.
- Diverse Products: Serve various famous South Indian dishes according to the different preferences customers have.
- High Profitability- The company commands high-profit margins and produces a decent return on investment (ROI) in relatively short order
- Opportunity to Grow: Get a chance to be part of an already established brand that has huge potential for growth.
Documents Required for Mr. Idli Franchise
For those interested in applying for Mr. Idli franchising, the necessary documents are:
Franchise Agreement – A signed legal document stating the respective rights and obligations of both the franchisor (The party that allows people to market or sell its products as a franchise) and the franchisee, is known as the Franchise agreement.
ID Proof: Photocopy of Adhaar card, PAN Card, or any other government ID Picture ID.
GST registration certificate and business PAN card.
Financial Docs: Last utility bill, No Objection Certificate (NOC) from local authorities, and fire safety clearance certificate.
These papers are highly recommended to forge an open and lawful franchise arrangement.
How to Apply for a Mr. Idli Franchise?
Securing a Mr. Idli franchise involves a straightforward process:
- Contact Mr. Idli: Visit the official Mr. Idli website and Look for the franchise section.
- Submit Details: Fill out the online franchise inquiry form with personal and business information.
- Documentation: Provide the required documents as per the franchise policy.
- Evaluation: The franchisor reviews the application and conducts due diligence.
- Franchise Agreement: Upon approval, sign the franchise agreement and pay the franchise fee.
- Launch and Support: Prepare the store, receive training and support from Mr. Idli, and launch the franchise.
For more information, contact Mr. Idli at:
- Phone: +91-123-4567890
- Email: info@mridli.com
- Address: 123, South Indian Food Street, Bengaluru, Karnataka
Conclusion
In Conclusion, Mr. Idli Franchise Cost, Profit, & How to Get Started in 2024. Investing in a franchise is undoubtedly one of the best ways to operate your food business that too with at least risk or almost zero financial threat. It may be achieved through investing… Franchisees can help take their circle from dream destination to profitable with an established brand, support, and operating system. With genuine South Indian culinary expertise, effective marketing, and operational efficiency combined in one place Mr. Idli Franchise setup is further geared up for expansion along with 100% customer contentment.
Mr. Idli operates a diverse menu that includes all the favorites to which many of us are accustomed, this helps cater to almost everybody ensuring regular visitors’ potential is vast. Health-conscious consumers and food enthusiasts alike admire the brand for its dedication to quality ingredients, and a laudable adherence to traditional recipes. Moreover, Mr. Idli offers a wide range of franchise models that are flexible enough to accommodate the investment budget as well as the market requirement and give space for small-scale (takeaways) operations to large-scale dining restaurant operation’s investment requirements.timeScale partnering opportunities with entrepreneurs.
FAQs
What is the average Mr. Idli Franchise Cost?
Mr. Idli Franchise cost between 30 lakhs to 50lakhs per store including the set-up cost, equipment & running expenses.
How long does it take to achieve ROI with a Mr. Idli franchise?
Franchisees typically achieve ROI within 18 months to 2 years, depending on location, sales performance, and operational efficiency.
What kind of support Franchisee can expect from Mr. Idli?
It also provides in-depth training modules, marketing assistance, and step by step operational process of running the business for its franchisees helping them operate efficiently.
What marketing support does Mr. Idli provide to franchisees?
Mr. Idli assists franchisees with local and national marketing campaigns, promotional materials, social media strategies, and public relations efforts to enhance brand visibility and attract customers.
How does Mr. Idli ensure quality and consistency across its franchise locations?
Mr. Idli maintains strict quality control measures and provides detailed operational guidelines to ensure that each franchise location upholds the brand’s standards for food quality, service, and customer experience.
Are there any ongoing fees or royalties associated with a Mr. Idli franchise?
Yes, franchisees are required to pay ongoing royalties and marketing fees based on their monthly revenue. These fees contribute to the continuous support and development of the franchise network.
What is the process for renewing a Mr. Idli franchise agreement?
The franchise agreement typically includes renewal terms, allowing franchisees to extend their contract upon expiration. The renewal process may involve a review of the franchisee’s performance and adherence to the brand’s standards.
By understanding these key aspects, prospective franchisees can make an informed decision about investing in a Mr. Idli franchise and tapping into the lucrative South Indian cuisine market.