Thursday, November 21, 2024

Business

Cream Stone Franchise Cost in India: Fees & Details

Cream Stone Franchise Cost in India

Cream Stone, established in Hyderabad in 2009, quickly gained popularity and became a trendsetter in the ice cream industry. With its unique concept and high-quality offerings, the brand expanded rapidly across India. In just seven years, Cream Stone set up stores in Andhra Pradesh, Telangana, Karnataka, Maharashtra, Kerala, and Tamil Nadu. Known for its exceptional ice cream and customer-focused approach, Cream Stone has become a popular choice for franchisees seeking profitable business opportunities. This article explores the Cream Stone franchise cost in India, including fees, requirements, and the application process.

Cream Stone Franchise Fees

When considering a Cream Stone franchise, it’s essential to understand the associated costs. The franchise fee structure includes an upfront franchise fee, along with ongoing monthly royalty and marketing fees. Although the exact amounts are not specified on Cream Stone’s official website, an estimated investment of 30-50 lakhs INR is required. This investment covers the one-time franchise fee, location approval, supply chain management, and staff training.

The ongoing costs include a monthly royalty payment based on a percentage of net sales, as well as marketing fees calculated as a percentage of sales. These fees contribute to the brand’s marketing efforts and ensure that franchisees maintain high operational standards.

Requirements for Cream Stone Franchise

To qualify for a Cream Stone franchise, several requirements must be met:

  1. Space: The franchise outlet should have a minimum of 30 square feet of space. This area is necessary for kitchen equipment and the cold stone, ensuring a comfortable environment for customers.
  2. Experience or Skills: While prior experience in the food and beverage industry is not mandatory, a basic understanding of business operations is essential.
  3. Regions of Operation: Currently, franchises are not available in Hyderabad due to existing locations. Cream Stone is actively expanding in cities such as Bangalore, Chennai, and Mumbai.
  4. Training: Franchisees receive comprehensive training through manuals and onsite guidance. This training ensures excellent customer service and adherence to operational standards. Regular audits are conducted to address any issues, and only approved vendors supply essential equipment.
  5. Staff Requirements: Smaller outlets require 3-4 trained staff members, whereas larger ones need more. Staff must have good communication skills and knowledge of seasonal specials.
  6. Important Considerations:
  • Cream Stone seeks dedicated, full-time owners rather than investors.
  • Partnerships, joint ventures, or setups involving Pvt.Ltd./LLP structures are not permitted.
  • Franchisees must operate within their own cities.

For example, a person in Hyderabad cannot franchise in another city, and cross-city partnerships are not allowed.

Apply Process for Cream Stone Franchise

To apply for a Cream Stone franchise, follow these steps:

  • Visit the Cream Stone official website or use this link: http://www.creamstoneconcepts.com/application-form.
  • Complete the application form with your personal details, including name, date of birth, email, gender, age, phone number, current address, and length of residence in your city.
  • If you meet the initial criteria and are selected, you will need to submit a detailed development plan. This plan should outline information about the city where you intend to open the franchise, including population, presence of quick-service restaurant brands, market size, customer spending habits, and the number of existing ice cream brands.
  • An interview with the franchise management team will follow.
  • Once the proposed location is approved according to company standards, the location will be registered in the company’s name, and you will be authorized to operate the franchise there.
  • Upon payment of the required fee, you will receive the franchise license to open and run a Cream Stone store.

Conclusion

Understanding the Cream Stone franchise cost in India provides a clearer picture of what it takes to become part of this successful brand. With a focus on high-quality ingredients and customer satisfaction, Cream Stone offers a lucrative opportunity for dedicated franchisees. The franchise model includes comprehensive support, training, and growth potential, making it an attractive option for those interested in the ice cream business. Remember, Cream Stone franchises are only available to individuals operating in their city of residence and do not permit partnerships or joint ventures. If you’re passionate about the brand and ready to commit full-time, owning a Cream Stone franchise could be a rewarding venture.

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