Are you Interested in the CK Bakery franchise? How much does a CK Bakery franchise cost? In this blog we will discover the brand profile, investment breakdown, profit potential, requirements, document required, advantages and disadvantages etc. By the end of this adviser, you will have a comprehensive understanding of what it takes to start and run a successful CK Bakery franchise.
Lets make it simple!
First thing, You need to know about the bakery industry market share.
Bakery industry in India is the largest of the food industries with an annual turnover of about Rs. 3000 crores. India is the second largest producer of biscuits after the USA. The Indian bakery market reached approximately $11.07 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.5% to $25.16 billion by 2032. Future Projections: Another report anticipates the market will reach $29.4 billion by 2032, growing at a CAGR of 9.6% from 2024 to 2032.
CK Bakery Franchise Brand Profile
Brand Name: CK Bakery
Founder Name: Manu Ranganathan
Founded Year: 2015
Total Outlets: 60+ Outlets
Last Year Revenue: 15 million
Headquarters: Chennai, Tamil Nadu, India
About the Brand
CK Bakery is a Chennai-based bakery held by the Cavinkare Group. Manu Ranganathan is the founder of CK Bakery. CK Bakery, the food and beverage retail chain, offers the best ingredients to make your foray into retail a success. They empower all new franchisees with a month-long hands-on training program in working at CK Bakery outlets. CK’s Bakery also has a dedicated R&D department that continually creates innovative, exciting, and scrumptious products to surprise your customers with. Importantly they offer everything at affordable prices.
CK Bakery Franchise Investment Breakdown
CK Bakery requires an several Investment its covers the following;
| Investment | Brand Fee | Expected Monthly Sales | Return on Investment (ROI) | Royalty fees / Commission |
| To set up a CK’s Bakery outlet, Rs. 12-15 lakhs is required. It takes about two and a half years to break even. | The brand fee accounts to Rs.4.5 lakhs | The franchisee can expect a monthly sale of about Rs.4.5 Lakhs | Return on Investment can be made within 2 years | The company does not charge any royalty. But the bakery products must be purchased from the company. |
CK Bakery franchise store Profit potential
CK Bakery estimates a 42% gross margin for its franchisees. This means that for every rupee of sales, you can expect to keep approximately 42 paise as gross profit. The profitability of a CK Bakery franchise depends on various factors, including location, management, and market conditions.
On average, franchisees can expect that the monthly revenue is Rs.8,00,000 to Rs.12,00,000.
The monthly expenses of Rs.4,80,000 to Rs.6,40,000.
The monthly profit of Rs.3,20,000 to Rs.5,60,000.
The Annual profit of Rs.38,40,000 to Rs.67,20,000.
With the initial investment of Rs.36,00,000, the return on investment
(ROI) is estimated to be around 1-2 years, depending on the outlet’s performance.
Also read this: How to Start Naturals Ice Cream Franchise – 2024
How to open CK Bakery franchise store:
- Go to the franchise search marketplace website
In the internet era lot of franchise marketplace but which is the legal, legit one? Franchise Bhoomi
is a leading online platform in India that connects franchisors and franchisees. Think of it as a marketplace where you can explore various franchise opportunities across different industries. - Search “CK Bakery”
In the franchise bhoomi website you can search any franchise brand investment details. Search CK Bakery and go through investment details.
- Enter your details
After go through the investment details, enter your details to connect with the brands.
- Now you can start your franchise journey
After submit your details, The brand team will contact you.
Requirements to open CK Bakery Franchise store
To open a CK Bakery franchise, you need to have certain requirements
Location: A prime location with high foot traffic is essential. The space should be around 200-250 square feet. Ensure the location meets all food safety and licensing standards.
Entrepreneurial Spirit: A passion for the food industry and a willingness to run a business
Financial Stability: Adequate capital to cover the initial investment and sustain operations during the initial months.
Business Discrimination: Understanding of basic business operations, including sales, marketing, and financial management.
Document required for CK Bakery Franchise setup
Proof of Identity: Aadhar Card, PAN Card, Passport
Proof of Address: Utility Bills, rental agreement
Business Registration: Company incorporation certificate, GST registration
Financial Documents: Bank Statements, Income tax returns.
Lease Agreement: Proof of the retail space lease or ownership
Also read this: Dmart Franchise – How to Start, Investment details & Profit 2024
Is CK Bakery Franchise is Worth for the Investment?
Advantages
- Benefit from the strong brand reputation and customer loyalty associated with CK Bakery. Leverage a successful business model that has been tested and refined.
- Training: Receive in-depth training on bakery operations, product knowledge, and customer service.
- Relatively low initial investment compared to other food franchises.
- Operational guidance: Receive ongoing support and advice from the franchisor.
Disadvantages
- Operational Challenges: Managing a bakery requires attention to detail and consistent quality.
- Competition: The bakery industry is highly competitive, with both established brands and local players vying for market share. Building a strong customer base and differentiating your outlet can be challenging.
- Your success is tied to the overall performance of the CK Bakery brand. Any negative publicity or changes in the brand’s image can impact your business.
Conclusion
In this content we all learn about How to Start CK Bakery franchise in 2024? And its Return on Investment and profit etc. They offer a promising opportunity for aspiring entrepreneurs. With a relatively low investment, comprehensive support from the franchisor, and a strong brand presence, CK Bakery can be a profitable venture. By carefully considering the investment details, profit potential, and requirements, you can make an informed decision about whether a CK Bakery franchise is the right fit for you.
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FAQs
The return on investment is estimated to be around 1-2 years, depending on the outlet’s performance.
While prior experience is beneficial, it is not mandatory as CK Bakery provides comprehensive training.
CK Bakery provides training, marketing support, operational guidance, and ongoing assistance.
There are over 100 CK Bakery outlets across India.
Bakery industry in India is the largest of the food industries with an annual turnover of about Rs. 3000 crores. India is the second largest producer of biscuits after the USA. The bakery market in India is likely to grow at a CAGR of 9.6% between 2024-2032 and is anticipated to reach a value of US$ 29.4 Billion by 2032. The growing consumer health awareness has led to the introduction of healthy, low trans-fat, multi-grain, and whole wheat bakery items.
Manu Ranganathan is the founder of CK Bakery. CK Bakery is a Chennai-based bakery held by the Cavinkare Group. CK Bakery, the food and beverage retail chain, offers the best ingredients to make your foray into retail a success.
Ramesh KS – CEO of Cavinkare & Executive directors of Cavinkare private limited.
