Are you considering starting a business this summer? If so, starting an Ice Cream franchise in the summer season will turn the heat into hot profits. With everyone in the town craving an Ice Cream Sundae Zone, starting an Ice cream franchise in Chennai is a lucrative market for an Ice cream entrepreneur. Explore why this is a perfect time to start a Polar Bear franchise in Chennai, and the complete polar bear franchise costs in Chennai. Its profit margin, how to get one? Is it worth it to start a polar bear in Chennai? Let’s explore.
About Polar Bear
The Polar Bear Ice Cream sundae zone started its journey from the year 2008, with its first outlet setup in the ITPL in Bengaluru. Polar Bear Ice Cream brand has more than 120+ franchise outlets across 14 cities, which makes Polar Bear Ice Cream franchise the largest ice cream parlor chain in South India. With more than a decade of experience in the ice cream industry, they serve ice cream products that are 100% natural and 100% vegetarian with more than 70+ varieties.
Investment of Polar Bear franchise cost
The initial franchise fee for a Polar Bear franchise ranges from 5 to 10 lakhs. The complete investment for the franchise store, including location, leasing, or renting costs, is between 10 and 12 lakhs. Additionally, the initial inventory cost, which includes ice cream ingredients, toppings, packaging materials, and other supplies, ranges from 5 to 10 lakhs. All necessary kitchen equipment, billing equipment, freezers, and scoops will cost an additional 2 to 5 lakhs. The total investment of the polar bear franchise cost in Chennai ranges from 20 lakhs to 50 lakhs.
Franchise Fee: INR 5,00,000 – 10,00,000 |
Franchise location charges: INR 10,00,000 – 12,00,000 |
Equipment Fee: INR 5,00,000 – 10,00,000 |
Initial Stock of Ice Cream and Supplies: INR 1,00,000 to INR 5,00,000 |
License fee: INR 50,000 – 1,00,000 |
Salaries and Miscellaneous: INR 5,00,000 – 10,00,000 |
Total Investment: 20 lakhs to 50 lakhs |
Profit Potential vs. Polar Bear franchise investment Cost
The Polar Bear franchise investment cost ranges from 20 lakhs to 50 lakhs. With the complete investment from the equipment, location, franchise fee, and operational cost, the Polar Bear franchise has a profit percentage of 75% profit margin with deducting the employee salary, and operational expenses. The Polar Bear offers an ROI within 2-3 years.
Why start a polar bear franchise in Chennai?
Chennai is a dazzling city with scorching heat, that never fails to enjoy the market of frozen desserts and Ice Cream. With Chennaiates craving for Ice creams with their sweet tooth, starting an Ice cream business in Chennai would be a better option for an entrepreneur. With the rise in the population and shift in lifestyle, Gen Z and millennials increased to prefer Ice Cream even in the winter seasons. There has been an increasing demand for unique and seasonal flavored ice creams. People started looking for natural and additives-free ice cream. One such brand that offers 100% vegetarian and 100% natural Ice cream is Polar Bear Ice Cream franchise.
Benefits of starting a polar bear franchise
- Proven Methodology: With more than a decade of experience in the franchise business, Polar Bear Franchise has established a proven operating system that manages and handles the franchisees to maintain the high standards in their outlet.
- Polar Themed Ambience: Creating a cool breeze customer experience in a polar-themed experience is one of the unique experiences you can give your customers, which transports them to that experience.
- Best Training Program: Polar Bear brand has a reputation in the market, passionately serving customers and providing their franchisees with exceptional support, training, and success opportunities.
- Polar Bear Ice creams Brand Reputation: The Polar Bear Ice cream brand has built a customer base over the years serving premium sundae Ice cream products. Their quality in products makes them one of the largest ice cream parlor chains in South India.
Also read this: Is a Haldiram Franchise Profitable in India? How to Apply in 2024
Requirement to start a polar bear franchise in Chennai
Polar Bear franchise cost requirement: You require a total cost of 20 – 50 lakh rupees to start a polar bear outlets, which includes the complete setup of the franchise, including the interior, inventory, equipment, and license fees.
Area requirement: The location should have a 700 – `1000 sqft area, that can be rented or leased, or your area, which is in a high foot traffic area, to attract more customers. Choose a location where people can find you easily.
Manpower support: You have to hire a 12- 14 employees to manage your outlet throughout the day and to successfully maintain your store with a better customer experience
How to start a Polar bear franchises outlet in Chennai?
Begin your journey by visiting the official Franchise Bhoomi website “https://franchisebhoomi.com/”
On the website navigate to the “franchise Opportunity” section and click on it
Check whether your location is available for franchise opportunity, Check through the list of cities they have listed, if not listed, unfortunately, there is no franchise availability in that specific location.
If your location is available contact the Franchise Bhoomi team, to inquire about the franchise for further information, click the “Apply Now” button in the page.
Or call Franchise Bhoomi on “+91 843 8080 985”
Fill out all the required information and contact information requested in the form. After “submitting” your form, wait for a response from the Franchise Bhoomi team regarding your franchise application.
By following the steps mentioned, you can successfully get a Polar Bear outlet in Chennai. The Polar Bear franchises cost is an important consideration, and ensuring you meet the financial requirements is crucial.
In conclusion, investing in a Polar Bear franchise offers a great opportunity for you to join the best Ice cream franchise brand in South India. With the prior planning for the polar bear brand and preparation, you can bring the delightful Polar Bear experience to your local community.