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 2024 in this initial investment, profit, return on investment, essentials to open a Grab franchise, and how to apply.
Table of Contents
About 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 cost: 10 to 20 lakh
- Profit Margin: 35 to 50%
- Space required: 150 to 200 sq ft
- Franchise Agreement: 3 to 5 years
- Return on Investment: 8 months to 2 years
Lassi Shop Franchise Cost: Is it the Right Investment for You?
- Total Investment: To own a franchise of Lassi Shop, needs to have an investment range of 10 to 20 lakh.
- Franchise Fee: 2.5 to 3.5 lakh rupees as a one-time payment for accessing the franchise.
- Estimated Setup Cost: 2 to 3 lakh rupees covers equipment and furnishings costs.
- Initial Inventory: 1 to 2 lakh rupees is required to buy initial stock for the franchise outlet.
- Royalty Fee: A 5% ongoing fee needs to be paid for the total revenue.
- Working capital: 2 to 3 lakh rupees is required for day-to-day expenses until your franchise runs with profit.
- Franchise Agreement: The franchisee should accept 3 to 5 years of a franchise agreement.
| Franchise Fee | 2.5 to 3.5 lakh rupees |
| Estimated setup cost | 2 to 3 lakh rupees |
| Initial Inventory | 1 to 2 lakh |
| Royalty Fee | 5% |
| Other Expenses | 1 to 2 lakh |
| Working Capital | 2 to 3 lakh |
| Franchise Agreement | 3 to 5 years |
| Total Investment | 10 to 20 lakh |
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 Lassi Shop.
Is a Lassi Shop Franchise Worth the Investment? Let’s Talk Profit
- Initial investment ranges from 10 to 20 lakh.
- Lassi shop offers a profit margin range is 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.
- Consider factors such as brand reputation, customer demand, and franchisor support when evaluating the investment’s worthiness.
- Overall, It presents a promising investment opportunity for entrepreneurs. Initial investment ranges from 10 to 20 lakh for a franchise of Lassi Shop.
| Total cost for Lassi Shop franchise | 10 to 20 lakh |
| Profit Margin | 35 to 50% |
| Return on Investment | 8 months to 2 years |
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
- 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 setup 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.
Is a Lassi Shop franchise a good investment? Pros and cons explored
Pro’s
Established Brand: Lassi Shop is a well-known brand in India. Currently, it has 500+ outlets, most of them franchise outlets.
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.
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.
Cons
Franchise Fee: 2.5 to 3.5 lakhs need to pay for their own Lassi franchise shop.
Royalty fee: The franchisee should pay 5% of the total revenue to the brand.
Although starting a Lassi shop franchise may require initial fees and royalty fees, it also many reasons to ignore these drawbacks. These include being part of a well-known brand, having a low initial investment (except for franchise fees), having a quick return on investment, etc. For people who want to start their own Lassi business, Lassi Shop is a great choice this summer.
Conclusion
In conclusion, Lassi Shop Franchise From Application to Profit in 2024, 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 2 years, 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 cost is required to set up a Lassi Shop franchise?
Setting up a franchise of a Lassi shop requires around 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.
