Are you looking for low-investment, low-computability, high-profitable food and beverage businesses? Look no further. Lassi Day Cafe is offering franchise opportunities for aspiring entrepreneurs. Lassi Day Cafe franchise cost, profit, and how to get it in 2024. In this, we will discuss What is the investment? How much can you make? What are the requirements to open a Lassi cafe business? Is the Lassi Day Cafe franchise worth the investment or not? How do I get a franchise of Lassi Day?
Table of Contents
About Lassi Day Cafe
Lassi Day Cafe serves a variety of lassis and mocktails. Whether you’re a fan of classic lassi or want to try something new, they’ve got you covered. The Lassi Day cafe menu includes shakes, coffee, fast food, street food, momos, ice cream, and desserts. Lassi Day Cafe operates as a “Quick Service Café.” This means you get your lassi quickly, with very little space and investment. usually around 150 to 200 square feet. So even if you have limited space, you can set up your own Lassi Day Cafe.
Currently, it operates more than 150 outlets in India. Also, Lassi Day Cafe is planning to open more than 100 franchise outlets in seven or more states in India.
Key Details of Lassi Day Cafe Franchise
- Brand Name: Lassi Day Cafe
- Industry: Food and Beverages
- Number of Outlets: 150 Plus
- Franchise cost: 5 to 10 lakhs
- Profit Margin: 35 to 50%
- Space required: 150 to 200 sq ft
- Franchise Agreement: 5 years
- Official Website: https://lassidaycafe.com/
Is a Lassi Day Cafe Franchise Cost Within Reach?
Franchise Fee: The initial franchise fee is a one-time payment of 2.5 to 3 lakhs to purchase the rights to work under the Lassi Day Cafe brand and open Lassi outlets with the brand name.
Estimated Setup Cost: Setting up your Lassi Day Cafe outlet requires an estimated investment of 2 to 3 lakhs. This covers interior setup, furniture, and equipment.
Initial Inventory: To purchase two to three months of stock, initial inventory requires 1 to 2 lakh, including ingredients, utensils, and other essentials.
Royalty Fee: The good news is that Lassi Day Cafe does not charge any royalty fees. You won’t have to share a percentage of your sales with the brand for marketing and ongoing support.
Other Expenses: Additional expenses of approximately Rs 1 lakh include licenses, permits, and marketing efforts.
Working capital: 2 lakhs is needed for day-to-day operations. It’s essential to have working capital to manage ongoing expenses until your franchise outlet starts making a profit.
Franchise Agreement: Once you purchase the franchise rights, you can operate under the brand for up to 5 years. If you want to keep it for more years, Brand won’t charge any fees to renew.
Total Investment: The total Lassi Day Cafe franchise costs 5 to 10 lakhs, including the franchise fee, initial inventory, working capital, and others.
Franchise Fee | 2.5 to 3 lakh |
Estimated setup cost | 2 to 3 |
Initial Inventory | 1 lakh |
Royalty Fee | Nil |
Other Expenses | 1 lakh |
Working Capital | 2 lakh |
Franchise Agreement | 5 years |
Total Investment | 5 to 10 lakh |
The Total Lassi Day Cafe Franchise cost may vary based on the Location and size of the outlet. To know exact and up-to-date cost information based on location directly contact Lassi Day Cafe.
Is a Lassi Day Cafe Franchise a Profitable Investment?
Total Lassi Day Cafe Franchise Cost: Opening a franchise store in your area requires an initial investment of 5 to 10 lakhs.
Profit Margin: As a franchisee of Lassi Day Cafe, you can expect a profit margin of 35% to 50% of the total revenue.
Franchisee Share: Franchisees earn 50% profit on each item they sell. This generous profit-sharing model ensures that your efforts directly impact your earnings.
Return on Investment (ROI): Within 6 to 12 months, the franchisee can recover the initial investment spent on starting the franchise outlet. Comparatively, the ROI duration is too short.
Total Investment | 5 to 10 lakh |
Profit Margin | 35 to 50% |
Franchisee Share | 50% profit on each item |
Return on Investment | 6 to 12 months |
With a reasonable total investment, attractive profit margins, and a shorter ROI return period, Lassi Day Cafe franchises can be profitable businesses for aspiring entrepreneurs.
Eligibility Criteria to Get Lassi Day Cafe Franchise
Age Requirement: To be a franchisee of Lassi Day Cafe, you must be at least 24 years old.
Education: The applicant must have at least a PUC pass.
Should have basic skills in operating businesses.
Franchise candidates should exhibit a strong commitment to the brand’s values and standards.
Passion for providing excellent customer service and maintaining quality is essential.
Requirements to Open Lassi Day Cafe Franchise
Investment: The franchisee should be able to invest the amount of 5 lakhs to 10 lakhs ready for starting a Lassi Day Cafe franchise.
Space Requirement: You need to have an area of at least 150 sq ft to 200 sq ft to start the franchise models offered by the Lassi Day Cafe.
Location: Choose a strategic location for your Lassi Day Cafe. Considering foot traffic, visibility, and accessibility.
Required Staff: The franchisee should hire 2 to 3 employees.
Training and Support: Franchisees and employees should participate in training programs provided by Lassi Day Cafe to learn about the brand, operations, customer service standards, and marketing strategies.
Required Documents
- Personal Identification: As proof of franchise, applicants need to submit government-issued documents like Aadhar cards, Pan cards, election cards, or others.
- Address Proof: Documents confirming the address of the proposed franchise location, such as utility bills, rental agreements, or property tax receipts
- Bank Details: For financial transactions and proof of funds.
- Land Documents: If you own the property where the franchise will be located,.
- Business Licenses: Necessary permits to operate a food and beverage business.
- Franchise Application: Fill out the form with your details for Lassi Day Cafe.
- FSSAI Registration: Proof of registration with the Food Safety and Standards Authority of India (FSSAI), demonstrating compliance with food safety regulations.
- GST Registration: Proof of Goods and Services Tax (GST) registration, as required by Indian tax authorities for businesses engaged in the sale of goods and services.
Which is a suitable location and required area to start the Lassi Day Cafe franchise?
Suitable Location
location in a high-traffic area with a steady flow of pedestrians or vehicular traffic to ensure visibility and attract customers.
commercial districts, office complexes, shopping malls, or busy marketplaces.
location that is easily accessible to customers, such as bus stops or metro stations.
Conduct a demographic analysis of the area you have chosen to open a franchise outlet to understand the target customer base and their preferences, purchasing power, and lifestyle habits.
location with good visibility to enhance brand visibility and attract passersby.
Consider the long-term growth potential of the chosen location, upcoming developments, or infrastructure projects to predict footfall to the franchise outlet in the future.
Required Area
The required area to open a Lassi Day Cafe franchise falls within the range of 150 to 200 square feet. Key elements include a counter for order placement and payment, a preparation area with necessary equipment, a display area for showcasing menu items, and limited seating.
Select a space that meets the size requirements specified by Lassi Day Cafe for their franchise outlets, with sufficient area for seating, kitchen facilities, and storage.
What kind of support franchise can expect from Lassi Day Cafe?
Store Setup: The Lassi Day Cafe team will assist with the initial setup of your franchise store.
Branding: The brand provides guidelines and materials for maintaining brand consistency.
Staff Training: training programs for your employees to ensure they provide quality service to the customer and also information about ingredients and products.
Recipes and Menu: Access to proven recipes and menu planning based on your outlet location.
Marketing Support: Limited marketing support is needed to promote your outlet.
Operational Guidance: Ongoing support for smooth operations and adherence to brand standards
How to get the Lassi Day Cafe Franchise?
To get the Lassi Day Cafe franchise, follow these steps:
- Visit the official website: Start by going to the Lassi Day Cafe’s official website.
- Navigate to “Get Franchise”: Look for the ‘Get Franchise’ section, usually present in the right section of the menu bar of the official website.
- Fill out the Franchise Application Form: Complete the application form with all the required details. Like your personnel details and location details where you want to set up a franchise outlet.
- Submit the form: Review your information and submit the form online.
- Wait for a Response: After submission, wait for the franchise team to respond to your application.
Is the Lassi Day Cafe franchise worth the investment or not?
Pro’s
Brand Recognition: With over 150 outlets, Lassi Day Cafe has a strong presence and brand recognition in India.
Product Demand: Lassi is a popular and traditional drink, especially during the summer, ensuring a consistent demand.
Affordable Investment: The franchise offers a relatively affordable investment of 5 to 10 lakhs, including franchise fees, working capital, and others.
Support and Training: Franchisees receive support in setup, operations, and marketing, as well as staff training for Lassi Day Cafe.
Proven Business Model: The success of the existing outlets suggests a tested and proven business model.
Low competition: There is not much competition for Lassi products like tea or other beverages. This is the right time to start the Lassi Day Cafe franchise.
High-profit margin: As a franchisee of Lassi Day Cafe, you can expect a profit margin of 35 to 50% on each product you sell. This profit margin is relatively high.
Quick ROI: within 6 to 12 months, you can recover the initial investment of 5 to 10 lakhs.
Cons
Location Dependency: The success of the franchise heavily relies on choosing the right location with sufficient customer traffic.
The Lassi Day Cafe franchise is worth the investment with its brand reputation, Lassi demand, affordable investment, support, and training from the brand, high profit margin, and quick return on investment. The Lassi Day Cafe franchise is the best franchise opportunity for aspiring entrepreneurs.
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Conclusion
In Conclusion, Lassi Day Cafe Franchise Cost, Profit, and How to Get in 2024. Lassi Day Cafe offers an exciting franchise opportunity for those passionate about serving refreshing lassi to a diverse customer base. With the benefits of brand reputation, affordable investment, higher profit margin, and quick return on investment. If you’re ready to blend tradition, taste, and business acumen, consider joining the Lassi Day Cafe family.
FAQ
How much does it cost to open the Lassi Day Cafe franchise?
Opening a Lassi Day Cafe franchise costs 5 to 10 lakhs, including the franchise fee, initial inventory, working capital, and others.
What is the profit margin of the Lassi Day Cafe franchise?
As a franchisee of Lassi Day Cafe, you can expect a profit margin of 35 to 50% on the total revenue of the franchise outlet.