How to start a CakeRMon Franchise in India in 2024?
Written By: Shruti Agrawal
As India continues to embrace a diverse and evolving palate, the demand for premium desserts and baked goods has seen a remarkable uptick. CakeRMon with its legacy of more than 100 years, is trying to fill that void by being the best bakery franchise in India using well-crafted delightful treats, which presents an exciting prospect for aspiring entrepreneurs looking to tap into the nation's burgeoning sweet tooth. The aim here is to provide you with comprehensive insights into the steps, strategies, and considerations essential for successfully launching and running a CakeRmon franchise in the dynamic Indian market.
About CakeRMon Franchise India
CakeRMon is a bakery brand based out of Kolkata and is a part of the Gangurams Group, which is a 130+ year-old Bengali sweets brand based out of Kolkata. The brand has years of experience in the sweet-making industry and 35 years of experience in providing delicious treats.
Moreover, CakeRmon has evolved over the years by combining tradition with innovation and adapting to the changing preferences of consumers. Some key aspects of the brand:
- Century-old legacy: CakeRMon is built on the foundation of Ganguram, a century-old legacy that has been delivering high-quality sweets since 1892.
- Management: The brand is managed by Apurv Chaurasia, an alumnus of IMT, Nagpur(MBA in Marketing and Finance) and Birendra Agarwal (a member of the Board of Directors since the inception of the brand).
- Diverse offerings: The brand has expanded its product range to include over 250 varieties of sweets and also bakery delights, catering to a wide range of tastes and preferences.
- Healthier food options: As the demand for healthier food options has risen, CakeRMon has introduced artisanal delicacies as well as healthier alternatives to its menu.
- Online and offline presence: The brand has established an extensive online as well as offline presence, making it easily accessible to customers.
- New business opportunities: CakeRMon has expanded its offerings to include the Monginis franchise in Kolkata, providing more opportunities for entrepreneurs to join the sweet journey.
CakeRMon Franchise India
CakeRMon offers franchise opportunities, allowing entrepreneurs to join the sweet journey as well as become a part of its century-old legacy. Currently, the brand has around 80 franchise outlets in the country and is looking forward to expanding by opening 30 more franchise outlets shortly.
Cakermon Franchise Cost In India
The total investment required to start a franchise: INR 10 lakhs (approx)
Brand fee: INR 1 lakh (including the GST of 18%)
A security deposit (refundable): INR 1 lakh
Basic Infrastructure/Interiors: INR 4 lakhs
Equipment/ Machines: INR 4 lakhs(approx)
Miscellaneous: INR 25,000
Total Sum: INR 10,25,000
CakeRMon Franchise's location Requirement
- The outlet should be spread over an area of 200 sq.ft. with a frontage of 10-12 ft.
- Additionally, if the premises are taken on rent or lease, there should be a minimum lock-in period of 3 years.
- The ideal location to start a CakeRMon franchise is in a high-footfall area, such as street junctions, bus stops, metro stations, auto stands, or marketplaces.
- Each outlet should look identical and will be designed in a manner to adhere to the brand's standards.
How To Start A CakeRmon Bakery Franchise In India
Research and Feasibility Study:
- Understand the bakery industry in India, its market value, and also growth potential.
- The Indian bakery market stood at a value of nearly USD 7.60 billion in 2020 and is estimated to grow at a CAGR of 8.5% between 2021 and 2026 to reach a value of USD 12 billion.
- Conduct market surveys, analyze demographic data, and study consumer preferences in different regions.
Contact CakeRMon Franchise Department:
- Reach out to CakeRMon's franchise department to express your interest as well as gather initial information.
- Obtain franchise brochures, application forms, and also details on investment requirements.
- Evaluate your financial capacity and plan the investment required for the franchise.
- The total investment required to start a CakeRMon franchise is INR 10 lakhs which includes the franchise fees, infrastructure set up and more.
- Complete and submit the franchise application form to CakeRMon.
- Provide personal and financial details as required by CakeRMon's application process
- Choose a suitable location for your CakeRMon franchise based on market research as well as brand guidelines.
- Ideal outlets can be in establishments over an area of 200 Sqft with a frontage of 10-12 ft, located in high footfall areas.
Training and Support:
- Obtain training schedules, materials, and support contacts.
- Participate in the comprehensive franchise training program provided by CakeRMon to learn about the brand, its products, as well as business operations.
- CakeRMon offers complete hand-held support to set up as well as make your business a success, including assistance in carrying out special offers and schemes, a digital catalogue of cake designs, branding ideation, manpower training and daily camera supervision.
Interior Design and Setup:
- Ensure that each outlet looks identical and also is designed in a manner to adhere to the brand's standards.
- Access design cost, guidelines and also specifications provided by CakeRMon.
- Develop a marketing strategy to promote your CakeRMon franchise.
- Use data on successful franchise launches and opening events for reference.
Why Start A CakeRMon Franchise In India?
- Commitment to quality and Ganguram's legacy.
- Cakermon offers complete hand-holding in setting up retail outlets.
- The franchisee gets website support and e-commerce business support.
- The brand assists in carrying out special offers and schemes.
- Access to a wide range of baked goods, including cakes, pastries, snacks, and sweet items and also with a digital catalogue for cake designs.
- Experience in the bakery industry that ensures high standards of quality.
- Cakermon provides branding ideation, and manpower training, and ensures that each outlet looks identical and adheres to the brand's design.
- The bakery industry offers a huge potential for growth, innovation, and job generation, which is the need of the hour.
- Cakermon provides daily camera supervision to ensure quality and also consistency across all outlets.
- Cakermon offers a franchise training program to ensure that franchisees understand how to run their businesses.
India's Bakery Franchise Market Trends
The Indian bakery market size reached USD 11.3 Billion in 2022 and is expected to reach USD 21.2 Billion by 2028 and The market size is further projected to reach USD 29.4 Billion by 2032, growing at a CAGR of 9.6% between 2024-2032.
The Indian bakery ingredients market is projected to register a CAGR of 9.11% over the next five years.
The Bread & Bakery Products market in India is projected to grow by 8.03% (2024-2028) resulting in a market volume of USD 262.20 Billion in 2028.
It will be amazing to learn that India's biscuit market is the second largest in the world after the USA.
From this data, it is clear that the bakery franchise market in India is growing, as it has a huge scope for innovation and employment generation due to the high demand for baked goods and the availability of options for every budget.
Other Bakery Franchise Brands To Consider
7th Heaven is a successful cake and also dessert chain. Since its start in 2011, it currently has over 200 outlets in 75 cities across India.
The brand offers a wide range of international desserts, food, as well as beverages, including cupcakes, cakes and pastries, French macarons, American cheesecakes, brownies, savoury items, waffles, and more.
- The investment required for a 7th Heaven franchise in India is around INR 10 lakhs- INR 15 lakhs.
- The Franchise Fee is around INR 1 lakhs-2 lakhs.
- The space required to set up the 7th Heaven Franchise is 200-500 sq. ft.
- The expected payback period is approximately 2 years.
- The franchise also offers a master franchise model and provides support in various areas such as operations, marketing, and training.
Karachi Bakery Franchise
Karachi Bakery is a chain of Indian retail bakeries. Since its start in Hyderabad in 1953, its founder is Sri Khanchand Ramnani.
Till 2024, the brand has become a household name and has a presence in major cities of the country.
- The franchise fee claimed by Karachi Bakery is around INR 3 lakhs.
- The franchisee has to invest INR 10 lakhs to INR 20 lakhs for setting up the infrastructure of the bakery.
- The franchisee has to own or rent an area of 250 to 500 sq. ft.
- The franchisee has to share 20% of the total revenue with the franchisor.
- Karachi Bakery enters into a 5-year franchise agreement.
- The bakery should have air conditioning, CCTV, and internet facilities.
So, till 2024 the Indian dessert market has evolved, the CakeRMon Franchise emerged as the best bakery franchise. This is so because it is not just about selling cakes; it is also about creating an experience, building a brand, and becoming an integral part of the sweet moments in people's lives.
Contact FranchiseBAZAR to learn more about the CakeRMon franchise, which is the best bakery franchise in India and also figure out the other bakery franchise brands which fulfil all your requirements.
Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.
Written By: Shruti Agrawal
Written By: Divisha Pandey
Written By: Divisha Pandey
Written By: Divisha Pandey