How To Get Cocofit Franchise (Shark Tank): Cost, Profit

Cocofit Franchise is a great Coconut Shake franchise in India featured in Shark Tank. We will discuss Cocofit Franchise Cost, Profit, and How to get the franchise.

Cocofit Franchise currently has 30+ outlets PAN India. The USP of the brand is its variety of Coconut Shakes. You will find everything around Coconut in this Franchise. You can directly enroll for Cocofit Franchise by filling up the Google Form.

Cocofit Franchise Cost

Cocofit Franchise Cost ₹17,00,000 Rupees as an initial investment. The Franchise Fee is ₹500,000 Rupees+GST. The minimum area required is 450 Square Feet. Royalty charged will be 3-7% on Sales+GST.

The bifurcation of the Cost is given below-

Particulars	Amount (Cafe Model)
Franchise Fee	5,00,000 Rupees
18% GST on Franchise Fee	90,000 Rupees
Civil Work, Furniture and Interior Cost	4,25,000 Rupees
Machinery and Equipment Cost	4,00,000 Rupees
Advance Raw Material (Inventory Kit)	2,00,000 Rupees
Other Expenditure (Licenses and Misc)	85,000 Rupees
Total Investment	17,00,000 Rupees

The franchise agreement will be of 3 years
The brand will provide Raw Material
The brand will give proper Training
The Machinery include A/C, CCTV, TV and other necessary equipment for the outlet
Return on Investment: 18 months

Cocofit Franchise Profit

We will analyze Cocofit Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 2,70,000 Rupees i.e. 9,000 Rupees per day.

Particulars	Amount (Cafe Model)
Gross Sales	2,70,000 Rupees
Cost of Material @40%	(1,08,000) Rupees
Rent	(50,000) Rupees
Electricity and Water Supply	(12,000) Rupees
Salary of Workers and their Expenses	(30,000) Rupees
Royalty @5%	(13,500) Rupees
Aggregator Commission	(6,000) Rupees
Other expenses (Marketing, Transport, Misc)	(7,500) Rupees
Net Profit	43,000 Rupees

We can conclude that the Profit Margin of Cocofit Franchise is 16% for the Sales of 2,70,000 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 25% on Sales or 75,000 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, Malls or any place where young people love to have Shakes.