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Meridian Ice Cream Franchise : Cost, Profit & Investment

Meridian Ice Cream Franchise : Cost, Profit & Investment

By Startup Authority

Why Choose Meridian Ice Cream Franchise? 

You get attracted to a franchise when they serve you the best products and services. Similarly, the primary reason for choosing the Meridian Ice Cream franchise would be because of its amazing ice cream products and its taste. Meridian Ice Cream franchise takes pride in serving the best quality ice creams along with rich pure milk and milk fats.

Meridian Ice Cream Franchise

Now, here are some of the reasons why you would choose a Meridian Ice Cream franchise in India:-

    • Well-established company– Meridian Ice Cream is a well-established company. They have been in the business since 1999 in the market. They have been offering high-quality ice cream products ever since.

    • Wide range of products– This company is committed to making the best quality products using real milk and milk fats rather than using vegetable oil. This company is an expert in making premium Indian flavours like Sitafal, Real Alphonso, Tender Coconut, Chikoo, Litchi, and many more. Other than these, this company offers deliciously freshly prepared sundaes adorned with fresh cream, caramel toppings, fresh fruits, and nuts.

    • No added preservatives– The products offered by this company do not offer any added preservatives or artificial colours. Every ingredient used by them is 100% organic and genuine.

    • Profitable and well-known– Meridian Ice Cream is a profitable and well-known ice cream franchise in India. After opening a Meridian Ice Cream franchise, you can expect a profit margin of 30-40%.

Application Process to get Meridian Ice Cream Franchise

The application process for the franchise business option is online. If you are willing to open a Meridian Ice Cream franchise then you are required to visit its official website for more details.

Here is the complete application process for the Meridian Ice Cream franchise:-

    • After you have opened this website, the official email address is mentioned use the address and state your purpose to the company

    • While writing the email make sure you state your purpose clearly along with all the necessary details for example, your full name, contact number, address, alternate phone number, and other necessary details

    • You will need to wait for few days and then you will get a call from the representative of the company and do everything as they ask

Requirements for the Meridian Ice Cream Franchise 

Here are the requirements for Meridian Ice Cream franchise in India:-

    • The age criteria to open a Meridian Ice Cream franchise is 21-years-old and above

    • All the documents asked by the officials must be updated and valid

    • Franchise owners must not have a criminal record or is into something criminal

    • Must have proper area to establish the shop along with all the necessary equipment

    • Applicants must have enough capital or budget to establish the franchise in the location they have selected

    • The area required to open a Meridian Ice Cream franchise is between 100-300 square feet

Investment and Cost Analysis for a Meridian Franchise

Unfortunately, Meridian Ice Cream has not revealed its investment and cost requirement for the franchise business option. We can be rest assured that, the franchise investment would be comparably less than its competitors in the market. Moreover, one can expect that, you would require at least Rs 4-10 lakhs to open a Meridian Ice cream franchise in India.

The other cost analysis for an ice cream franchise is given below:-

    • Royalty fee- NA

    • Land rent or shop rent- Rs 20-50k

    • Cost of Ice Creams- Rs 80-200 (minimum per product)

    • Electricity and water supply- Rs 10k

    • Salaries of workers- Rs 30k

    • Other expenses- Rs 30-50K

Profit Potential in this Business

Ice cream is one of those products in India that is consumed by a large number of customers. This huge consumption of ice cream in India has raised the profit margin of all the companies selling them. The competition might be high in this field but, earning profit is quite simple.

The official profit margin of the Meridian Ice Cream franchise is not revealed but, the average profit margin earned by other ice cream franchises in India ranges from 35-55%. If you have opened a Meridian Ice cream franchise then you can expect a similar profit margin from your franchise.

Training and Support 

Normally, most ice cream franchises offer proper training and support to staff and managers of the franchise. Similarly, we can expect proper training and support from the Meridian Ice Cream franchise as well.

Unfortunately, we do not know if they are for free or paid training or not. But, you will receive continuous support for all purposes from the officials of the company.

Conclusion 

Meridian Ice Cream has proved to be the best ever since it came into the market. Since 1999 the company is offering the best quality products to consumers and is still doing so. In a very short span, this company entered the highly competitive market and has captured a large market share in Pune. They believe they will continue to do so in the future by expanding their business all across the country.