How to apply for Sujata Mastani Franchise – Franchise Cost, Investment & Profit Margin
About Sujata Mastani Franchise
Sujata Mastani is a famous Pune-based Ice Cream company. The company not only serves different varieties of ice creams to its customers but they have got refreshing summer drinks as well. Sujata Mastani grasped the attention of the common people by serving uniquely refreshing and tasty ice creams along with its fruity juices.
The company has also been tied up with food delivery partners like Zomato and Swiggy so that people can order it from the comfort of their homes.
Established back in the year 1966, Sujata Mastani has got its head office in Sadashiv Peth which is in Pune, Maharashtra. It is considered to be one of the top players in the Ice Cream parlors category. This well-known establishment acts as a one-stop destination servicing customers both locally and from other parts of Pune.
Company Name | Sujata Mastani |
Founded | 1966 |
Founders | Sharadrao and his son Mr Sachin Kondhalkar |
Industry | Food and beverages |
Specialties | Ice Cream |
Benefits of Sujata Mastani Franchise
There are many ice cream brands in India today but very few you will find which are of Indian origin. One of them is Sujata Mastani which is one of the most demandable ice cream companies in Pune and also in different parts of Pune. However, the company has started offering its franchise opportunity to interested entrepreneurs and there are several benefits that you will receive after taking its franchise. Some of the benefits of the Sujata Mastani franchise are as mentioned below.
- Sujata Mastani has created a strong customer base which has also contributed massively to its goodwill.
- Less effort on marketing as customers already know the good taste of the products that are being sold to them.
- The investment required to open up its franchise is relatively low as compared to other major brands.
- Even though the products are perishable goods, the demand is high which will ultimately result in less wastage and cost.
- With just minimum requirements eligible entrepreneurs can start their entrepreneurial journey with the Sujata Mastani franchise.
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Requirements To Get A Sujata Mastani Franchise
Sujata Mastani franchise would include some basic requirements from its owners so that the business conducted is smooth. There are various sources where you can go through to get an idea about the requirements to get a Sujata Mastani franchise. One can directly get in touch with the company personnel and enquire about it as well. But, let us see some of the highlights for the requirements mentioned below.
- An area of 100 - 200 sq ft would be required to open up a store of Sujata Mastani. Remember, that Sujata Mastani stores are run on ‘Thelas’ and interested entrepreneurs would have to look for a perfect location to set up a store/outlet.
- An investment of INR 10 lacs would be required by the entrepreneur or by the interested partner. Considering the increase in expenditure and taxes opening up a store in a tier 1 city could be expensive option.
- Manpower of at least 2-3 people would be required to handle and manage daily business after successfully setting up your store.
- The return on investment is said to be within one year and one should at least have working capital of INR 2 lacs to INR 5 lacs.
- Entrepreneurs must be above the age of 18 and business experience would be a plus point as well.
Manpower Required To Run A Sujata Mastani Franchise
As already mentioned earlier that the minimum manpower that you would require is at least 2-3 people. Your employees should be well-trained and must be professional at their respective work. This is because Sujata Mastani has become a well-known and as well as reputed company today. Employees should be able to handle customers professionally so that it does not hamper the goodwill of your store and as well as the name of the company.
1 or 2 chefs depending on the size of your store and the number of customers that you are receiving each day should be enough. 1 or 2 employees serving the products to the customers waiting in line for their order and 1 employee will be working at the billing desk. This is the normal required manpower to run a food and beverage business.
Additionally, you would also have to hire cleaning staffs for the cleaning and maintenance of your store. You would not want to have your store dirty and untidy for the customers to see. Customers should feel comfortable and as well as welcomed.
Area Required for Sujata Mastani Franchise
The minimum area required is 100 to 200 sq ft to open up a Sujata Mastani franchise. If you have a good location in mind in a place where there is maximum footfall then that could be the perfect place to open up its franchise. The area and as well as the interior designing should be ideal as you would have to fit in furniture and other such kinds of things inside the store.
Table and chairs are common things for the customers to sit and enjoy their ice cream. If you wish to keep Air Conditioning then you can install them as well. Also, billing desks, refrigerators, and other required furnitures should be placed carefully so that it does not hamper the overall space for the customers. It can also hamper the overall outlook of your store.
Investment Required For Sujata Mastani Franchise
The total investment could range between INR 10 lacs to INR 15 lacs. If you decide to open up its franchise in a tier 1 city then it could be a little higher than INR 10 lacs considering the rising costs and expenditure in manpower and cost of raw materials. If you wish to open it in a tier 2 or tier 3 city then your investment would be close to INR 10 lacs. The company also charges a franchise fee of INR 1 lac rupees+GST.
Also, if you open a Sujata Mastani store inside a shopping complex then the rent could be a costly option for you. But, the store if located in an ideal location where there is maximum crowd like a shopping mall then your store will be able to earn decent amount of income and revenues every month. It will be a wise option to directly get in touch with the company personnel or with the concerned authorities to know more about the investment required details for Sujata Mastani franchise.
Documents Required for Sujata Mastani Franchise
Documents that could be asked by the company personnel should be well maintained and updated. Your valid documents needs to be submitted to the concerned authority for the approval process so that you get the permission to open up its store in the location where you desire to open. The documents that could be asked to you are mentioned below.
- ID Proof (Aadhaar card, Voter Card, PAN Card)
- Passport size photographs
- Address proof (Electricity bill, water bill)
- NOC for shop
- Franchise agreement
- Rent agreement (in case the land is on rent)
- GST Registration certificate and GST Number
- Trade licence from municipality
- FSSAI
- Lease agreement (if any)
How To Get Sujata Mastani Franchise?
Sujata Mastani franchise can be availed by first contacting the concerned personnel of the company. You can also visit the official website of the company or get in touch from the official social media page of the company (Instagram and Facebook). To get a franchise of Sujata Mastani, you can follow the steps mentioned below.
- Visit the official website of the company and find out about their franchise program
- You would have to fill out the franchise enquiry form to express your interest in getting the franchise
- You would have to wait for a couple of days or more for a response from the concerned team of Sujata Mastani and schedule a meeting if required
- Complete the necessary paperwork and submit the documents and provide the required investment capital to finally start working on opening up the franchise store.
Sujata Mastani Franchise Profit Margin
Franchise revenue massively depends on various factors and so does its profit. Depending on the franchise location, labour cost, commercial lease rates and a number of other factors. However, let us analyse the profit of Sujata Mastani franchise by deducting the possible expenses.
Gross sales | INR 3,00,000 |
Cost of ice creams @55% +5% royalty | INR 1,80,000 |
Rent | INR 40,000 |
Electricity and water supply | INR 10,000 |
Salary of workers and expenses | INR 20,000 |
Miscellaneous expenses (marketing, aggregator, etc.) | INR 10,000 |
NET PROFIT | INR 40,000 |
From the above table we can conclude saying that the profit margin is 13.33% for the sales of INR 3,00,000. The outlet may have less profits during its initial stages but the demand for ice creams are huge in the market.
Avrage ROI period for Sujata Mastani Franchise
The return on investment is one year. The demand for ice creams is always on its peak during the summer season and some people even prefer in winters as well as a dessert. With famous brands like Sujata Mastani the return on investment could be within time gap of one year.
Royalty on Sujata Mastani Franchise
The company charges a royalty fee of 5% of monthly sales. The location of your store should be in a place where the crowd is maximum so that your outlet can earn the maximum revenues. Sujata Mastani has earned a huge name in the state of Maharashtra and in other locations as well which is why taking its franchise could be a beneficial opportunity for you.