Milkway Franchise

Milkway Franchise

Milkway Franchise

Milkyway is the chain of ice cream parlours which serves Italian style softy sundaes, thick milkshakes, soda pops etc. Milkway established its first outlet in the year 1994. Milkyway currently has more than 50 outlets all over the country and also signed up with L&T metro rail for opening other 21 outlets in all its important metro stations. Milkyway offers franchise opportunities for those entrepreneurs interested to start a Milkyway franchise. In this article, we look at the process for setting up the Milkway Franchise in detail.

For more information about starting a various Franchise business in India, talk to an  IndiaFilings Business Advisor.

Ice Cream Industry In India

In India, ice cream industry is one of the fastest growing divisions of the food processing or dairy industry. Recently, ice cream business in India has been estimated to be over INR 4,000 crores and is increasing at a rate of 15-20% every year. It is predicted that by 2019, the market value will reach around INR 6,198 crores. With the increasing disposable income and the changing lifestyle, the sector has great potential for growth.

Milkway

Beside systematic approach and processes, Milky Way manufactures ice creams, softy and thick milkshakes with world-class Italian Styled Machines. Milkway produces the highest quality ice creams of the under the most hygienic conditions. The ingredients applied in manufacturing ice cream process are ISO9001-2000 or HACCP certified, thereby ensuring the quality of the products is of the highest standard.

Why Milkyway?

There are various advantages for choosing Milkyway franchise are listed out here.

  • Proven product and established brand.
  • Expertise in ice cream for than two decades.
  • Proven systems.
  • Standard operating procedures.
  • Professional operations, training and reporting.
  • Support and expertise.
  • Guidance in starting up operations.
  • Full training is provided to the Franchisee.

Financial Requirements

The franchise is required to invest about 12.5 lakhs towards machinery, franchise fees and caution deposit. Additionally, the franchise needs to spend on interiors cost and rental deposit applicable.

Area Specifications

The outlets are set-up with square feet ranging between 180-700 square feet; and is located in potential areas such as multiplex, educational institutions, malls, transport stations, public transport gardens, etc.

Term of Agreement

The franchise needs to sign an MOU which contains the written statement about the company terms and condition for five years initially. The agreement is however renewable if both the parties agree.

Return on Investment

The franchise is expected to receive a minimum of about Rs. 8 to 12 lakhs per year per outlet.

Training

Training will be given to the eligible applicants covering all aspects of running a franchise, assistance in the field training, and also guidance in current IT system is also provided. Training will be held at the head office of Milkway.

Regions of Expansion

The following are the specified locations for starting a Milkyway Franchise are below

South – Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, Telangana.

East – ,Assam , Mizoram, Tirupura, Arunachal Pradesh, Manipur, Meghalaya, Nagaland, Orissa, Sikkim, West Bengal.

North-  Delhi, Haryana, Himachal Pradesh, Jammu And Kashmir, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand.

West –  Dadra And Nagar Haveli, Daman And Diu, Goa, Gujarat.

Union Territory- Andaman And Nicobar Islands, Lakshadweep, Daman and Diu, Chandigarh, Puducherry.

Central- Jharkhand, Bihar, Madhya Pradesh, Chhattisgarh.

Enrollment Process

Any individual interested in joining Hands with Milkyway Franchise can register themselves by visiting an official website of Milkway and make the necessary steps.

For Further Enquires

In case of any enquiries related to the franchise, the interested applicant can contact the below-mentioned address.

Milkway

Chanda Softy Ice Creams

Address for Contact

G-7, Wellington Estate,

24, Commander-in-Chief Road,

Egmore, Chennai-600105

Ph: 044 – 22333020

Fax: 044 -22332434

Email: [email protected]

Other Related Guides

Frozen Bottle Franchise Frozen Bottle Franchise Signature Thick Shakes and Moo’re In a world full of dismay, something’s will always brighten up the day: the milkshake. Not...

Post by Karthiga

IndiaFilings is India's largest online compliance services platform dedicated to helping people start and grow their business, at an affordable cost. We were started in 2014 with the mission of making it easier for Entrepreneurs to start their business. We have since helped start and operate tens of thousands of businesses by offering a range of business services. Our aim is to help the entrepreneur on the legal and regulatory requirements, and be a partner throughout the business lifecycle, offering support at every stage to ensure the business remains compliant and continually growing.