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.
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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.
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.
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.
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.
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 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.
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.
Chanda Softy Ice Creams
Address for Contact
G-7, Wellington Estate,
24, Commander-in-Chief Road,
Ph: 044 – 22333020
Fax: 044 -22332434
Email: [email protected]