Are you seeking the most profitable and least competitive business in the summer with a well-known brand? Look no further. Lassi Shop provides franchises for interested entrepreneurs. Lassi Shop Franchise From Application to Profit in this initial investment, profit, return on investment, essentials to open a Grab franchise, and how to apply.
Table of Contents
About Lassi Shop
| Company Name: Lassi Shop |
| Founded By: Sumit Singla |
| Established Year: 1986 |
| Number of Outlets: over 500 oulets |
| Official Website: Lassi Shop |
Lassi Shop was founded in 1986 and opened its first retail outlet in the city of Bengaluru, India, in 2014. It has been dedicated to innovating the rich tradition of lassi. Now, in 2024, it will have more than 500 outlets across India. These franchises are continuing their legacy of bringing people together and creating places for laughter, friendship, and trying new flavors every day.
Key Details of Lassi Shop Franchise
| Brand Name: Lassi Shop |
| Industry: Food and Beverages |
| Number of Outlets: 500 + |
| Franchise Fee: 2.5 to 3.5 lakhs |
| Franchise cost: 10 to 20 lakhs |
| Profit Margin: 35 to 50% |
| Royalty Fee: 5% on monthly sales |
| Space required: 150 to 200 sq ft |
| Franchise Agreement: 3 to 5 years |
| ROI Timeline: 8 months to 2 years |
| Franchise Application: Apply Here |
How Much Does Lassi Shop Franchise Cost?
The total investment to start the Lassi Shop franchise is between 10 to 20 lakhs including franchise fees, initial inventory, setup costs, working capital, and others. This investment varies based on the outlet size and location.
| Franchise Fee | 2.5 to 3.5 lakhs |
| Setup cost | 5 to 8 lakhs |
| Initial Inventory | 2 lakhs |
| Equipment Cost | 3 lakhs |
| Royalty Fee | 5% |
| Other Expenses | 2 lakhs |
| Working Capital | 5 lakhs |
| Franchise Agreement Term | 3 to 5 years |
| Total Investment | 10 to 20 lakhs |
Franchise Fee: Lassi Shop Charges a franchise fee of 2.5 to 3.5 lakhs to provide the rights to franchise outlets with brand support.
Estimated Setup Cost: Setting up the Lassi Shop store requires an investment of 5 lakhs to 8 lakhs including interior design, exterior design, Furniture, and Fixtures.
Initial Inventory: To purchase the two to three months initial stocks requires investment of 2 lakhs.
Royalty Fee: Lassi Shop Charges royalty fees on monthly sales of 5% of the monthly revenue or 5000 per month.
Working capital: To cover the day-to-day expenses of the franchise outlet requires a working capital of 5 lakhs for employee salary and others.
Franchise Agreement: The franchisee should accept 3 to 5 years of a franchise agreement.
How Profitable is the Lassi Shop Franchise?
Lassi Shop is offering profitable franchise opportunity franchisee can easily earn upto 1 lakhs to 2 lakhs per month. Here is the detailed profit breakdown of the Lassi Shop Franchise:
| Monthly Revenue | 3 lakhs to 5 lakhs |
| Monthly Profit | 1.5 lakhs to 2.5 lakhs |
| Profit Margin | 35% to 50% |
| ROI Timeline | 8 months to 2 years |
Monthly Revenue: Each outlet of the Lasso Shop can make revenue of 3 lakhs to 5 lakhs per month based on the location.
Profit per Month: With 35% to 50% of the profit margin franchisee can earn 1.5 lakhs to 2.5 lakhs per month.
Lassi Shop offers a profit margin range between 35 to 50%, Lassi Shop offers promising financial returns for franchisees.
Return on investment (ROI) is estimated within 8 months to 2 years, you could regain your initial investment quickly.
Requirements to Open Franchise
Investment: The franchisee has a strong financial reserve to invest 10 to 20 lakh. This includes the franchise fee, setup cost, working capital, and others
Business Experience: Prior experience in retail business is good but not necessary. But it needs to have a minimum of marketing knowledge to run a shop.
Required Space: To open a franchise outlet, the area required is 150 to 200 sq ft and should be on the ground floor.
Location: This Lassi shop attracts people of all ages, so you can choose a location in a market, on the roadside, or in front of a school, college, etc. The location must have some foot traffic.
Required Staff: To run the Lassi Shop, 2 to 5 staff members are required. The staff training is provided by the brand.
Required Documents
Here is the list of documents required to open Lassi Shop Franchise:
| Land Lease Agreement (Not necessary if owned): If you’re leasing the space for your Lassi Shop, ensure you have a valid lease agreement. |
| Shop Agreement: The agreement with the Lassi Shop franchisor outlines the terms and conditions of the franchise relationship. |
| Business Plan: Provides a complete roadmap for launching and operating a successful shop franchise. |
| Bank Account Details: Provide your bank account information for financial transactions related to the franchise. |
| Identification Proof: The document required is typically a government-issued ID, such as a passport, driver’s license, or national identity card. |
| Necessary Licenses from Government Bodies: Obtain the required licenses and permits, such as food licenses, health permits, and local business permits. |
How do I apply for a franchise in a lassi shop?
Visit the Official Website: Begin by visiting the official website of the Lassi Shop.
Navigate to “Click here to set up your own Lassi Shop”: Once you find the official website, scroll down and look for the section “Click here to set up your own Lassi Shop.” Click on it and access the franchise application form.
Fill in the required details: In the franchise application form, they will ask you to fill in various details about yourself. This may include your name, contact information, and location preference for your Lassi Shop.
Submit the Form: After filling in all the required details of the application form, double-check your information for accuracy. Click the “Submit” button to send your application to the franchise team.
Wait for a Response: After submitting your application, the next step is to wait for a response from the franchise team. This could take anywhere from a few days to a few weeks.
Pros and Cons of Lassi Shop Franchise
| Pros | Cons |
| Established Brand: Lassi Shop is a well-known brand in India. Currently, it has 500+ outlets, most of them franchise outlets. | Franchise Fee: 2.5 to 3.5 lakhs need to pay for their own Lassi franchise shop. |
| Low Investment: To be a franchisee of Lassi Shop, you have to invest around 10 to 20 lakh. This is a relatively low investment compared to other Lassi brands like Lassi Corner, etc. | Royalty fee: The franchisee should pay 5% of the total revenue to the brand. |
| Less area required: A franchise outlet requires around 150 to 200 sq ft of area to set up. | |
| Quick Return on Investment: With a 35 to 40% profit margin, you can quickly recover the initial investment within 8 months to 2 years. |
Lassi Shop Franchise Image Gallery
Conclusion
In conclusion, Lassi Shop Franchise From Application to Profit, with reasonable investment, a diverse menu, and an average profit margin, Lassi Shop is the best choice for owning a franchise. Franchise outlets require only 150 to 200 sq ft of area to set up, and 2 to 5 staff members to handle customer needs, and within 8 months to 24 months, you can earn a return on your investment based on your outlet location and size. Consider the pros and cons before you make your decision.
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FAQ
How Much Does the Lassi Shop Franchise Cost?
Starting the Lassi Shop franchise requires 10 to 20 Lakhs, which includes franchise fees, outlet setup costs, working capital, and others.
Is Lassi Shop Franchise Profitable?
Each Franchise outlet can make a 35 to 50% profit margin.
What is the Franchise Fee of Lassi Shop?
Lassi Shop Franchise fee is 2.5 to 3.5 lakhs to provide the rights to use the brand name and brand support.
What is the Royalty Fee of the Lassi Shop Franchise?
Lassi Shop Charges 5000 or 5% of the monthly sales as a royalty fee.
What is the Franchise Agreement Term of the Lassi Shop Franchise?
Lassi Shop Franchise Agreement term is between 3 to 5 years.
How Much Space is required to set up the Franchise of Lassi Shop?
Set up the Lassi Shop outlet requires an area of 150 to 200 sq ft.
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