Do you have a dream to start your own sweets and food business? This franchise opportunity will bring your wish to reality. Explore Bikanervala Franchise: Cost, Profit & How to Start in 2024. to Learn about initial investment requirements, expected returns, and actionable strategies to kickstart your journey into owning a Bikanervala franchise with clarity and confidence.
Table of Contents
About Bikanervala
Bikanervala, a renowned Indian restaurant chain headquartered in Delhi, traces its roots back to 1905 when it started as a small sweet shop named Bikaner Namkeen Bhandar in Rajasthan. Now worth over Rs 1,300 crore, it has expanded globally with 150 locations across countries like the UAE, Nepal, and the USA. Offering traditional Indian sweets under the Bikano brand and operating Bikano Chat Cafes since 2003, Bikanervala continues to delight taste buds worldwide.
Key Details of Bikanervala Franchise
- Brand Name: Bikanervala
- Industry: Food
- Number of Outlets: 150
- Franchise cost: 2 to 5 Crores
- Profit Margin: 10 to 15%
- Space required:1200 to 2000 sq ft
- Franchise Agreement: 5 years
- Official Website: https://bikanervala.com/
How much does it cost to become a Bikanervala franchisee?
Becoming a Bikanervala franchisee involves various costs to consider before entering this exciting business. Here’s a breakdown of the expenses:
- Franchise Fee: The initial investment ranges from 2 to 10 lakh rupees, depending on factors such as location and market potential.
- Estimated Setup Cost: Setting up the franchise outlet involves expenses estimated to be between 25 and 40 lakh rupees. This covers infrastructure, equipment, furnishings, and other essential elements to ensure a successful operation.
- Initial inventory: typically ranges from 5 to 10 lakh rupees. This inventory includes Bikanervala’s signature sweets, snacks, and other products that are essential for stocking up the franchise outlet.
- Royalty Fee: A royalty fee of 5% of sales is payable to Bikanervala. This fee contributes to ongoing support, brand maintenance, and access to the established Bikanervala brand.
- Other Expenses: Additional expenses such as marketing, staff training, and operational costs are estimated to be between 10 and 20 lakh rupees.
- Franchise Agreement: Franchisees enter into a franchise agreement with Bikanervala, typically spanning 5 years.
- Total Investment: The total investment required to become a Bikanervala franchisee falls within the range of 2 to 5 crore rupees.
| Franchise Fee | 2 to 10 lakh |
| Estimated setup cost | 25 to 40 lakh |
| Initial Inventory | 5 to 10 lakh |
| Royalty Fee | 5% |
| Other Expenses | 10 to 20 lakh |
| Franchise Agreement | 5 years |
| Total Investment | 2 to 5 Crore |
The cost of the franchise may vary based on the location and size of the outlet. to know exact and up-to-date cost information directly contact demo.
How Much Profit Does a Bikanervala Franchise Really Make?
Total investment: The investment ranges between 2 and 5 crore, depending on various factors such as location, size, franchise fee, and others.
Profit Margin: On average, a franchisee can have a profit margin of 10% to 15%.
Return on Investment (ROI): The return on your investment is estimated at around 4 to 5 years. This means it takes approximately 4 to 5 years to recoup the initial investment through the revenue generated through the franchise. This span can be reduced based on the location, operational efficiency, and foot traffic to your franchise.
| Total investment | 2 to 5 crore |
| Profit Margin | 10 to 15% |
| Return on Investment | 4 to 5 years |
Requirements to Open Franchise
- Investment: The initial investment required varies based on location and store size, typically ranging from 2 to 5 crore.
- Business Experience: The franchisee needs to have prior experience in retail marketing before investing in Bikernavala.
- Required Space: You need to have an area of 1200 to 2000 sq. ft. for your franchise setup
- Required Staff: As a franchise owner, you need to hire 10 to 12 staff members to run a franchise.
- Franchise Agreement: Understand the terms and conditions of the 5-year franchise agreement
Required Documents
Personal Documents
- Aadhar Card: For identification purposes.
- PAN Card: For tax purposes.
- Bank Passbook: To verify your bank account details,
- GST License: For tax.
- Other necessary documents: Any additional personal identification or address proof.
Brand Agreement: This document is for the franchisee to accept the terms and conditions of Bikanervala. It covers aspects like branding, use of trademarks, a 5-year agreement, and operational guidelines.
Store Agreement: Details the lease or ownership arrangement for the physical store. Includes rent, duration, and other relevant terms.
Food and FSSAI License: The Food Safety and Standards Authority of India (FSSAI) license is for food businesses. It ensures compliance with food safety regulations.
Required Location and Area
- The space for your Bikanervala franchise should have a minimum area of 1200 sq. ft. to 2000 sq. ft.
- Preferably located 2 km from other franchises of Bikanervala.
- High-foot-traffic areas: Look for locations with high foot traffic, such as shopping malls, busy streets, commercial centers, or educational institutions.
How to Get a Franchise of Bikanervala?
- official website: Visit the official website of Bikernavala
- Navigate to “Contact Us”: Click on Contact Us, available in the menu bar. Submit the form
- Submit the form: Fill the Contact Us form with the required details without skipping. submit it and wait for a response.
- Head Office: The Delhi The head office address is given on the Contact Us page of Bikernavala’s official website, and a phone number is also given. Feel free to contact us to clarify your queries.
Bikanervala Franchise: To Invest or Not to Invest? Exploring the Pros and Cons
Pros
- Brand Recognition and Loyal Customer Base: Bikanervala has been a well-known brand in the Indian food industry for six decades. The customer-recognized and trusted brand ensures a steady flow of foot traffic.
- Complete Support and Training: The brand will provide ongoing support and guidance for franchisees. Assistance includes site selection, interior design planning, staff training, and marketing strategies.
- Wide Variety of Popular Products: Bikanervala’s has an extensive range of products on its menu.
Cons
- High Investment: Starting a Bikanervala franchise requires an initial investment of up to 5 crore. This is suitable for financially strong people.
- Competitive Industry: The food industry is highly competitive. Success depends on factors like location, pricing, and customer service.
- Operational Challenges: Managing staff, inventory, and day-to-day operations can be demanding.
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Conclusion
In Conclusion, Bikanervala Franchise: Cost, Profit and How to Start in 2024 is an excellent option for entrepreneurs who have experience in business or who have previously operated a business. This franchise opportunity is not right for individuals looking to launch their first business. Because you must wait four to five years to receive your money back due to the high initial investment of two to five crores with a profit margin of 10 to 15%. needs between 1200 and 2000 square feet to set up an outlet, employs 10 to 12 people, and is a great option for entrepreneurs who want to market well-known Indian food.
FAQ
1. How Much Does a Bikanervala Franchise Cost?
The investment of the Bikanervala franchise varies based on the location and store size. total initial cost ranges from Rs. 2 crore to 5 crore. The minimum area required to open an outlet is 1200 sq. ft to 2000 sq ft.
2. Why Choose a Bikanervala Franchise?
Bikanervala offers a wide range of high-quality food products, including Moong Dal Halwa, Bikaneri Bhujia, Kaju Katli, and other mouthwatering treats.
The brand has a strong reputation and a large customer following in India. Most of the brand outlets are franchise models, allowing interested applicants to join the Bikanervala family.
3. Is Bikanervala Franchise Profitable?
Bikanervala franchises can be profitable, with a profit margin of 10-15%.
4. What Are the Requirements to Become a Bikanervala Business Partner?
Franchisees need to meet the initial investment requirements. They should have a passion for food and customer service.
Documents Required to Start a Bikanervala Outlet: Specific documentation may vary, but generally, you’ll need legal and financial documents, including business licenses, NOCs, and lease agreements.
5. What are the Cons of the Bikanervala Franchise?
challenges may arise, such as competition, operational costs, and market fluctuations.
6. How Can I Get a Bikanervala Franchise?
Interested individuals can apply through the official Bikanervala franchise website or directly contact the brand’s representatives.
