Why Bikanervala Is The Best Sweet Shop Franchise In India 2024?

on Dec 21, 2023 | 11548 views

Written By: Nitika Jindal

Do you want to locate a chain of Indian snacks and sweets? Do you want to join the Bikanervala franchise? If so, you've undoubtedly arrived at the greatest blog on the internet.

In-depth information about the Bikanervala business, including the startup costs, profit margin, and capital needed to launch a franchise in your community, will all be covered in this blog post. We'll also go into further detail about whether or not this is the right franchise for you.

Thus, continue reading to learn everything there is to know about Bikanervala franchising and to dispel all common misconceptions.

About Bikanervala Franchise In India 2024

The name Bikanervala, which is now widely associated with Indian snacks and sweets, had modest origins back in 1905. Initially, Bikaner Namkeen Bhandar, a small confectionery owned by Shri Lal Chand Agarwal, was located in the Kote Gate neighbourhood of Bikaner's old city. At first, the store offered Namkeen and a few candies that were tailored to Bikaneris' preferences. The store flourished, and thereafter it gained acceptance.

After thriving and making a reputation for itself in Bikaner's old city area and surrounding areas, two brothers from the family decided to add a new chapter to the history of Bikaner Namkeen Bhandar in 1950.

The two brothers opened a store in Chandni Chowk, Delhi, where they began selling namkeen and sweets. The culinary experience was unlike anything the capital had ever experienced, thanks to their family recipes that have been passed down to them generation after generation.

  • Their mission: The goal of Bikanervala is to honour and celebrate India's rich culinary culture in India 2024.
  • Their vision: At Bikanervala, their vision is to represent India's rich culinary history on a global scale in India 2024.
  • Their value: Every choice made by Bikanervala in India 2024 is shaped by their core values, which are engrained in their business strategy which is excellence, integrity, respect, sustainability, innovation, and customer-centricity in India 2024.
  • Their ethics: Bikanervala's core value ethics are their dedication to conducting business with responsibility, integrity, and respect that is, integrity, quality assurance, respect for diversity, sustainable practice, and community engagement in India 2024.

Number Of Bikanerwala Outlets Within The Country In India 2024

Bikanervala is present in over 60 Indian locations today, in addition to the United States, Nepal, Singapore, New Zealand, and the United Arab Emirates. Nevertheless, it doesn't address our query: Would you be better off becoming a franchisee? Not at all; continue reading.

It sounds intriguing, doesn't it? Read and take advantage of the entire blog.

Why Choose Bikanervala Franchise?

There may be a few questions you have before launching a franchise: Why should we choose Bikanervala? What would owning this franchise get me? Not to worry! We make an effort to answer all of your questions so you can make an informed choice.

  • Pioneer in the Snack and Sweets Sector: Bikanervala has established itself as a pioneer in the QSR sector alongside companies such as Haldirams and others.
  • Reliable Brand: Bakanervala has a loyal customer base that new franchise owners can take advantage of by leveraging their well-established brand strategy.
  • Strong Franchise Network and Growth Prospects: The franchise is making considerable plans to expand its outlets into several Indian cities as well as overseas locations.
  • Menu offerings vary widely: The franchise provides an abundance of delectable desserts, sweets, and a selection of snacks that are highly sought after by its patrons.
  • Proven business plan: One can make use of their track record of franchise operation success and their proven business plan.
  • Access to high-quality products: Bikanervala offers a vast array of delicious snacks and candies that are prepared with real ingredients and traditional recipes, making them readily available to new franchisee owners.

Start Bikanervala Franchise In India 2024 Right Away - A Complete Guide

A sizable investment with a strong gross profit margin is necessary to become an authorized Bikanervala outlet owner. However, there are several advantages that the Bikanerwala chain may offer, and those who are interested can open franchise locations in their city thanks to their knowledge and unending support network.

One can proceed with the following actions to be accepted as a Bikanervala partner. Go to their Contact Us page to get in contact with the franchise team, who will help you with the remaining steps of the process.

All of the opinions are compiled in the section that follows, which will surely assist you in determining whether or not this franchise is right for you and whether or not you should pick it.

  • Huge Investment: Bikanervala has undoubtedly established itself as a leader in the sector.
  • At the growth Stage: The franchise owner may benefit from its extensive experience and status as the oldest player in the food industry.
  • Concentrated market area: The franchise's main locations are mostly in the northern regions of India.
  • Principal source of income: According to ICRA, packaged food accounts for 80% of Bikanervala food's revenue, with restaurants accounting for the remaining 20%.

The following list includes a few of their primary Bikanervala franchise requirements.

  • Between Rs. 80 lakh to 1.5 crore.
  • Passion to work in the Food industry
  • The Bikanervala team has agreed that applicants should be prepared and dedicated to providing each customer with an excellent experience.
  • To preserve the Bikanervala legacy and uphold the company's standards, prospective employees are urged to commit themselves fully to the business.
  • The necessary training program
  • Proper marketing and site research

Bikanervala Franchise Cost In India 2024

The total initial setup cost or franchise fee for Bikanervala will vary depending on the city, the projected number of customers, and the model that is selected.

However, with a minimum floor area of 2500 square feet, one would need to invest an initial sum of Rs. 80 lacs to Rs. 1.5 crore to become a Bikanervala franchise partner. The range of this first investment is possible: 1.5 to 3 crore.

For the record, the initial investment mentioned above covers all costs and fees associated with the Bikanervala business, including equipment, marketing, brand deposit, and other necessary expenses.

Furthermore, Bikanervala does charge its franchise owners a royalty fee of roughly 5% (uncertain), in contrast to other franchise businesses.

Market Trend Of The Sweet Shop Franchise Business Industry Opportunity In India 2024

In 2023, the size of the packaged sweets market in India was INR 6,229.7 crore. With a projected growth rate (CAGR) of 16.67% from 2024 to 2032, the IMARC Group projects that the market will reach INR 25,970.8 crore.

The market is being driven by several factors, including an increase in the number of people who are employed, a shift in consumer preferences towards ready-to-serve options, and the accessibility of packaged sweets through both online and offline distribution channels.

How Profitable Is The Bikanervala Franchise?

The city, the outlet's geographic location, the average number of customers that visit, and the franchise owner's capacity to manage day-to-day operations and expenses are some of the variables that could affect the Bikanervala outlet's profitability.

One can make a healthy profit margin with this franchise, especially in light of the Bikanervala chain's extensive global reach, over seven decades of existence, enormous customer base, authentic and traditional taste, the growing number of outlets, training and marketing support, and reasonably priced and delectable menu.

But based on our understanding and estimate, franchise owners can expect a minimum monthly profit margin of Rs. 50,000 or a profit margin of 10-15%.

Therefore, the profit margin for the Bikanervala franchise would be between 10% and 15%.

What Are The Other Similar Franchise Options Available?

If you cannot afford the Bikanervala outlet and perhaps you do not like the profit margin for Bikanervala, then you can check out our complete food franchise opportunity list and make the decision.

Moreover, here are our profitable picks for the sweet shop franchise opportunity in India in 2024.

  1. Big Mishra Pedha.
  2. Sairam Sweets.
  3. Mithai Factory.
  4. Govaa.

FAQ

Q.1. What Is The Price To Franchise The Store For Bikanervala?

Depending on the location of the outlet, carpet area, city, and nation, the overall investment cost for Bikanervala may change.

Q.2. What Is The Salary Of The Owner Of The Bikanervala Franchise?

Several variables will affect how profitable each Bikanervala location is.

Q.3. What Kind Of Profit Can Expect From The Bikanervala Franchise?

Typically, Bikanerwala conducts some research and question-and-answer sessions with potential franchisees before awarding franchise rights.

Conclusion

Starting the Bikanervala franchise in India in 2024 is an option if you're interested in the food industry opportunity and sweet shop industry opportunity and want to capitalize on the potential with a modest financial commitment. One may see stable and steady growth in their entrepreneurial journey in India in 2024 thanks to the country's enormous legacy, expertise, and robust supply chain.

By visiting the franchisebazar, which is India’s largest market for franchises you can open your own Bikanervala franchise in India 2024. You can set the investment range select your location and compare the options that are offered on the website for the franchise.

Thank you for joining us on this journey. We want to wish you the best of luck as you embark on your own Bikanervala franchise in India in 2024.

So, what are you waiting for? Go and grab the opportunity and start your entrepreneurial journey with Bikanervala.

Happy franchising to all the enthusiast entrepreneurs.

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.

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