Ibaco is one of the most popular brands in the Ice-Cream 
Industry. The Ibaco is a unique brand from Hatsun Agro Product Ltd. It offers 36 flavours inspired by exotic places around the world and aims to offer more choices and deliver greater standards of taste to its customers. RG Chandramogan and Subramanian Suriyanarayanan are the founders of the Ibaco Ice-Cream brand. Ibaco provides the franchise to promote and expand the unique taste of ice cream all over the country. They have 100+ Franchise outlets running currently in various cities. If you want to be a part of the Ibaco brand and looking for the Investment Cost, then look at the below description.
To start any business or to join a franchise, you need some investment cost. This investment is made by combining your capital expenditure and operating expenditure. You have to require the 15th lakhs to 20 lakhs (Fifteen to 20 lakhs) as the Cost to Open an Ibaco Franchise Store. These total costs are divided into the following categories-
- Franchise Fee- INR 3 Lakhs + 18% Gst
- Infrastructure Investment Cost- INR 5 lakhs onwards
- Operating Cost- INR 7-10 Lacs (Including the Inventory, Rent, Bills and Staff Salary)
How to Apply for Ibaco Franchise Online?
Ibaco Ice Cream Franchise is one of the popular ice cream franchises in India, which is known for its unique taste. If you also want to be a part of this profitable brand and want to open your franchise store, then you have to complete its application process. To apply for the franchise, you can follow the following process-
- First of all, visit the official website of IBACO Franchise by clicking here => https://www.hap.in/business-enquiry.php
- A “HAP Business Enquiry Application Form” will appear on the homepage.
- Fill in all the details in the Application form Choose Brand as IBACO there and then enter the Name and Contact details.
- After that, click on the Submit button. IBACO will then conduct an initial screening to assess your suitability as a franchisee. This may involve a phone interview or an in-person meeting.
- Select a suitable location for your IBACO franchise. Consider factors such as foot traffic, proximity to target customers, and lease terms. IBACO may provide guidelines and support in this regard.
- Do research and create a business plan incorporating your financial projections, marketing strategies, and operational plans. This document will showcase your commitment and understanding of the business.
- Submit your completed application along with the required documents, including your business plan, financial statements, and personal information.
- IBACO will thoroughly review your application. If approved, you will be notified and invited to move forward with the franchise agreement.
- Once, you are selected, they will provide complete training about cream processing and Machinery management. Then, you will be able to open the outlet.
By following these procedures, you can apply and start the Ibaco Franchise store and earn a good profit. If any queries, you can comment down.
What is the Profit Margin of Ibaco Franchise?
The Profit Margin is calculated by deducting all the expenses in the Gross Sales. The value, you get is your profit. In the Ibaco Ice-Cream franchise, you will generate a profit margin of approximately 15% to 20%. The 5% of the net profit will be charged by the company as the Royalty Charges. In the initial stage, you can easily earn INR 50-70k monthly. The ROI time break is 8-12 months for the Ibaco Franchise.
Ibaco Franchise Enquiry Contact Details
- CORPORATE OFFICE: HATSUN AGRO PRODUCT LTD
- Address: Plot No. 14, Tamil Nadu Housing Board “A” Road, Sholinganallur, Chennai – 600 119, India.
- Toll-Free Number: 1800-120-3355
- Telephone Number: 044-24501622
- Email ID: [email protected]\
You can contact to these numbers to get the details and enquiry about the Ibaco Franchise.