99 Shakes Franchise is one of the best shakes franchise considering the affordability. We will discuss 99 Shakes Franchise Cost, Profit, How to get the franchise.
The USP of 99 Shakes Franchise is its variety of Shakes that target young consumers. The franchise currently has 30+ outlets PAN India.
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99 Shakes Franchise Cost
99 Shakes Franchise Cost ₹2,00,000 Rupees as an initial investment. The Franchise Fee is ₹50,000 Rupees+GST. The minimum area required is 100 Square Feets. No Royalty will be charged.
The bifurcation of the Cost is given below-
|Particulars||Amount (Restaurant Model)|
|Franchise Fee||50,000 Rupees|
|18% GST on Franchise Fee||9,000 Rupees|
|Interior and Civil Cost||30,000 Rupees|
|Machinery and Equipments||50,0000 Rupees|
|Advance Raw Material||30,000 Rupees|
|Other Expenditure||31,000 Rupees|
|Total Investment||2,00,000 Rupees|
- The franchise agreement is valid for 1 year.
- After 1 year of Agreement, the franchise can be renewed by paying 10% of the franchise fee.
- The Brand will supply all the primary ingredients. However, there are some items that the franchisee has to buy locally
- You can send your staff to any of our selected shops in your nearest location. The training at these locations will be completely free, and we Provide video conference Training as well
- Specified distance depends upon area locality and volume of business.
99 Shakes Franchise Profit
We will analyze 99 Shakes Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 1,80,000 Rupees i.e. 6,000 Rupees per day.
|Gross Sales||1,80,000 Rupees|
|Cost of Material @35%||(63,000) Rupees|
|Electricity and Water Supply||(10,000) Rupees|
|Salary of Workers and their Expenses||(40,000) Rupees|
|Other expenses |
(Marketing, Aggregator, Misc)
|Net Profit||30,000 Rupees|
We can conclude that the Profit Margin of the 99 Shakes Franchise is 17% for the Sales of 1,80,000 Rupees. The outlet may have less profits in the initial days but Shakes has great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 3 Lakh Rupees per month and the profit margin will be 40% on Sales or 1,20,000 Rupees as Profit.
Location plays a very crucial factor in determining the success rate of a franchise along with food quality and service.
The location should have a very high footfall. It should be in the main market of that area. You can open the outlet nearby colleges, corporates, or any place where young people love to have Shakes.
How to get 99 Shakes Franchise?
To get the 99 Shakes Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.
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