Hello readers, welcome to our new post about the Mr. Idli franchise. Today, many small to big businesses are flourishing, and one lucrative option is starting a food franchise. If you are planning to start a Mr. Idli franchise, we are here to provide you with all the necessary information.
Mr. Idli franchise is an eminent business opportunity, and you can start with simple steps. With the increasing demand for South Indian cuisine, especially idlis, this franchise could be highly profitable. We will cover the application process, investment cost, and profit margin details for the Mr. Idli franchise. Stay connected with us for more details.
Mr. Idli Franchise Overview
As we all know, the demand for South Indian food, especially idlis, is growing in local shops, colonies, and events. Thus, starting a Mr. Idli franchise can be a profitable business. A franchise for Mr. Idli involves the distribution and sale of idli and other South Indian food products. As a franchisee, you work as an intermediary between the Mr. Idli brand and end consumers. Your primary responsibility is to ensure that the food products reach the intended market effectively and efficiently.
Highlights – Mr. Idli Franchise Apply, Dealership Cost & Profit Margin
| Article About | Mr. Idli Franchise Apply Online, Dealership Cost, and Profit Margin |
|---|---|
| Marketing Company | Mr. Idli |
| Type of Dealership | Wholesaler/Retailer |
| Mode of Applying | Online |
| Article Category | Dealership/Franchise Inquiry |
| Year of Advertisement | 2024 |
| Selection Process | Document Verification & Interview |
| Location of Dealership | All regions of the Indian Nation |
Mr. Idli Franchise: Eligibility Criteria & Requirements
To start a Mr. Idli franchise, you need to meet certain eligibility criteria. These requirements ensure that you are well-prepared to run the franchise effectively. Here are the details:
Space and Licensing Requirements
| Brand | Basic Space Requirement | Godown Space Requirements | Licensing and Permits |
|---|---|---|---|
| Mr. Idli | 200 sq ft. to 300 sq ft. | 800 sq ft. to 900 sq ft. | Required Business License related to Food Safety, Land issuance, and Registered GST |
Documents Required
There are several documents and licenses you need to submit when applying for a Mr. Idli franchise:
- ID Proof: Aadhaar Card, PAN Card, Voter Card of Applicant
- Address Proof: Electricity Bill/Ration Card of Applicant
- Applicant’s Qualification Certificate
- Photograph, Email ID, Mobile Number of Applicant
- Current A/C and canceled Cheque
- GST Number
- Outlet Trade license
- Shop agreement/Sale deed
- Rent agreement
- N.O.C
Mr. Idli Franchise 2024: Dealership Cost
Starting a Mr. Idli franchise involves certain costs, which we refer to as the initial investment. Here is a breakdown of the estimated costs to start a Mr. Idli franchise:
Mr. Idli Franchise – Dealership Cost
| Cost Components | Estimated Cost (INR) |
|---|---|
| Franchise Security Fees | As per brand guidelines |
| Minimum Initial Stock Purchase | 1.5 lakhs |
| Basic Infrastructure | 1.5 lakhs |
| Shop/Godown cost | (If you have your own space, then it will not cost money), Otherwise, you can buy or rent a specific place for it. |
| Commercial Vehicle Cost | 3 lakhs (Number of vehicles depends on your route) |
| Working capital | 2 lakhs |
| Total Dealership Cost | 6 lakhs to 10 lakhs |
Mr. Idli Franchise: Profit Margin
In this section, we provide details about the profit margin for the Mr. Idli franchise. Once your profile is accepted for a franchise, you can expect a profit margin of up to 10-15%. Here are the detailed profit margin calculations:
| Per Item | Profit Margin |
|---|---|
| Per idli profit margin | Rs. 4/- |
| Per plate profit margin | Rs. 40/- |
| 200 plates margins | Rs. 40 x 200/- |
| Daily gross profit | Rs 8,000 |
| Monthly gross profit | 2,40,000/- |
Mr. Idli Franchise Apply Online
Here is the step-by-step application process for a Mr. Idli franchise:
- Visit the Official Website: Go to the official Mr. Idli website.
- Fill Out the Application Form: Complete the online application form with your personal and business details.
- Submit Required Documents: Upload the necessary documents as mentioned in the eligibility criteria.
- Application Review: Your application will be reviewed by the company.
- Interview and Verification: If your application is shortlisted, you will be called for an interview and document verification.
- Approval and Agreement: Upon successful verification and interview, you will receive approval, and a franchise agreement will be signed.
- Setup and Training: Set up your franchise outlet and attend training sessions provided by the company.
- Launch: Start your Mr. Idli franchise and begin operations.
Stay connected with us for more updates and detailed information about the Mr. Idli franchise.