Start Business With Amul; Earn upto 10 Lakh Every Month
In the event that you need to begin your own business and wondering where to invest, here is some uplifting news for you. You can take Amul’s franchisee for acquiring a better than average amount each month. The breaking news is you don’t need to pay any royalties or benefit sharing for the franchisee and you can get it just by spending Rs 2 lakh to Rs 6 lakh for a decent income.
How much you need to invest
One could go for Amul Preferred Outlet, Amul Railway Parlour or an Amul Kiosk. The shop will have to be 100-150 sq ft in area. For the abovementioned types of franchisee, the estimated investment required is around Rs 2 lakh. Out of that, Rs 25,000 is non-refundable brand security. Equipments will cost around Rs 70,000.
For the second franchisee- Amul Ice Cream Scooping Parlor- there is an investment of Rs 5 lakh. It includes brand security 50,000, renovations Rs 4 lakh, Rs 1.5 lakh for equipments.
Related Article: How to Create Multiple Income Sources?
How much will you earn
As the owner earns in commission on MRPs of Amul products, an owner of these formats would command 2.5% on pouch milk, 10% on milk products and 20% on ice cream.
According to Amul, you can have revenue of around Rs 5 to 10 lakhs per month from a franchise. However, it also depends on the place.
Related Article: How to Automate Your Business for Fast Growth
Conditions for Amul Franchisee
If you take an Amul outlet then you must have 150 square feet. At the same time, there should be at least 300 square feet for the Amul Ice Cream Parlor franchisee. Amul franchisee will not be offered in less than this place.
You will get a LED signage from Amul. All types of equipment and branding will be provided a subsidy. Training is also given to the owner or owner of the boy.
Wholesale dealers have been allocated in every major city or district on behalf of Amul. These wholesale dealers will be able to deliver products to the franchisee’s parlor.
Related Article: Starting Ice Cream Manufacturing Business
Related Article: 7 Ways to Prepare Your Business to Scale Up