Now, earn with Amul, get Rs 10 lakh per month in your wallet
New Delhi : Amul, the India’s diary giant brings an excellent opportunity for those looking to start their own business. The Gujarat based dairy cooperative welcome entrepreneurs to take franchise for earning a handsome amount every month, may be close to Rs 10 lakh per month, sources confirms. And, the best part is that the franchisee will not have to pay any royalties or even share the profits with Amul. So, isn’t it great!
“The franchisee will have a prebuilt shop / space in a good location either owned or rented. The franchisee is expected to bear the entire cost (viz. interiors and equipment, excluding property cost) of setting up the store which is expected to be in the range of Rs. 1.50 lakh to Rs. 6.00 lacs depending upon the format,” Amul said on its website. Amul mentions that wholesale dealers will supply stocks at various parlours and the franchisee will avail retail margin. Retail margins will vary from product to product, said the release.
Anand Milk Union Limited or Amul has come out with two different types of formats, each having different working capital needs and margins.
For Amul outlet in Railway stations or other places, the franchisee will have to invest approximately Rs 2 lakh, with Rs 25,000 going towards non-refundable brand security; Rs 1,00,000 toward renovation and Rs 70,000 (approx.) for equipment and other incidental costs. The diary giant has precised different margins from the different products. According to the details available on the website, the commission from sale is 2.5% for Pouch Milk, Milk Products – 10% and Ice Cream at 20%. The pre-built space required for the shop will be 100-150 square feet.
For Amul ice-cream parlour format, the minimum required space is 300 square feet. The franchisee owner will have to invest Rs 6 lakh, with Rs 50,000 for non-refundable brand security; Rs 4,00,000 towards renovation and Rs 1,50,000 going towards equipment and incidental costs. The margins are higher in this format, with about 50% on recipe based ice cream scoops / sundaes / floats / shakes / baked pizzas / sandwiches / cheese slice burger / garlic bread / hot chocolate drink (Amul Pro). For pre-packed ice creams the margin would be about 20% approximately. These ice cream parlours will also sell other Amul products where the margins will be to the tune of 10%, the firm mentioned on its website.
