Are you looking to tap into the ever-growing market for dairy and frozen products, including the popular Arun ice cream? The Hap daily franchise offers a compelling opportunity to do just that. This blog post will guide you through the process of starting your own Hap daily outlet, detail the investment involved, and give you an insight into the potential return on your investment, drawing on available information.
Getting Started with Your Hap daily Franchise
Embarking on your Hap daily franchise journey involves a few key steps. The company has set out clear criteria for potential franchisees.
Firstly, you will need sufficient investment to set up and run the outlet. Secondly, you must have suitable space available where you can establish your Hap daily store.
Interestingly, prior business experience is not a mandatory requirement. Whether you are a seasoned entrepreneur or a newcomer, this business opportunity is open to those with the right investment and location.
To legally operate your Hap daily franchise, you will need to obtain certain licenses:
- FSSAI Registration: Essential for any food-related business.
- Trade License: A permit to carry out business within a specific jurisdiction.
- Shop and Establishment Act License: Regulates conditions of work and employment in shops and commercial establishments.
- GST Number: Required for Goods and Services Tax compliance.
Once you meet these initial requirements, the next step is to contact the company to express your interest. You can do this by visiting their website and looking for a business inquiry form. According to one source, you’ll need to select “Hap daily” as the brand you’re interested in. You will then need to provide your name, email ID, mobile number, city, state, country, and pin code, along with your preferred time of contact and a comment indicating your interest in the franchise.
It’s important to note that the company will review your application and the proposed location. They will only contact you if they believe a Hap daily outlet would be viable in that specific area.
Understanding the Investment
A crucial aspect of any franchise opportunity is the investment required. Based on the information available, the total investment for a Hap daily outlet of around 1000 square feet is estimated to be between ₹10 to ₹12 lakhs.
What’s noteworthy is that the company does not take any security deposit. This initial investment covers a comprehensive setup provided by the company:
- 8 to 10 deep freezers to store the wide range of frozen products, including Arun ice cream.
- A billing counter for efficient transactions.
- An initial stock of approximately ₹5 to ₹6 lakhs to get your business up and running. This stock will include Arun ice cream, Arokya milk, and other products from Duson Agro.
Furthermore, the interior and furniture of the store are typically provided by the company, which further streamlines the setup process for the franchisee. The company may also provide support for electricity setup.
Potential Return on Investment (ROI)
Understanding the potential profitability is key to making an informed decision. Hap daily offers an attractive gross profit margin of 27%.
After deducting your monthly operational expenses, the net profit margin is estimated to be between 15% and 18%.
To give you an idea of potential earnings, if your monthly sales reach ₹2.5 to ₹3 lakhs, your net monthly profit could range from ₹45,000 to ₹54,000. It’s important to remember that your profitability will directly correlate with your sales volume; as your sales increase, so will your potential profits.
Running a Hap daily franchise is described as a full-time commitment, requiring your active involvement to ensure smooth operations and maximise profitability. The company also provides support and business ideas to help you succeed.
Conclusion
The Hap daily franchise presents a significant opportunity for individuals looking to enter the dairy and frozen food sector, with the added advantage of offering well-known brands like Arun ice cream and Arokya milk. With a clear investment structure, comprehensive setup support, and promising profit margins, this could be your chance to build a successful business. Remember to conduct thorough research and contact the company directly for the most up-to-date and specific information relevant to your desired location.
PS: Please help me improve my content, share your feedback by clicking any of the emojis below 👇
