Categories: Franchise Business

How To Get Hoppipola Franchise: Cost, Profit

Hoppipola Franchise is a great club franchise in India. We will discuss the Hoppipola Franchise Cost, Profit, and How to get the franchise.

Hoppipola Franchise currently has 10+ outlets PAN India. The USP of the Hoppipola Franchise is its great theme with an amazing bar experience.

You can directly enroll for the Hoppipola Franchise by filling up the Google Form.

Hoppipola Franchise Cost

Hoppipola Franchise Cost ₹3,25,00,000 Rupees as an initial investment according to the business model. The Franchise Fee is ₹60,00,000 Rupees+GST. The minimum area required is 5000 Square Feets. The Royalty charged will be 7%+GST on Sales.

The bifurcation of the Cost is given below-

ParticularsAmount (Express Model)
Franchise Fee 60,00,000 Rupees
18% GST on Franchise Fee10,80,000 Rupees
Machinery and Equipment Cost60,00,000 Rupees
Interior, Civil Cost, and Furniture
(depending upon outlet Size
3000 Rupees per Square Feet)
1,10,00,000 Rupees
Service Equipments20,00,000 Rupees
Branding and Fixtures50,00,000 Rupees
Marketing and Opening Ceremony3,00,000 Rupees
Other Expenditure11,20,000 Rupees
Total Investment3,25,00,000 Rupees
  • The franchisor will provide all the operational expertise but all cost for Implementation & running will be borne by the Franchisee.
  • The franchisor will provide all the marketing  & branding support but all cost for Implementation & running will be borne by the Franchisee.
  • The concept of the restaurant & design will be taken care of by the franchisee but the contractual work & implantation on site will be taken care of by the franchisee.
  • Breakeven of the F & B business of Bars would be minimum of 1 Year.

Hoppipola Franchise Profit

We will analyze the Hoppipola Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 12,00,000 Rupees i.e. 40,000 Rupees per day approximately.

ParticularsAmount
Gross Sales (after GST)12,00,000 Rupees
Cost of Material @30%(3,60,000) Rupees
Rent(1,10,000) Rupees
Electricity and Water Supply(40,000) Rupees
Salary of Workers and their Expenses(1,00,000) Rupees
Royalty @7%+GST(94,000) Rupees
Aggregator Commission @20%
(Dineout, Nearby, Zomato, Swiggy)
(for 2,50,000 Rupees Sales)
(50,000) Rupees
Marketing and Events(70,000) Rupees
Other expenses
(Admin, Maintainance and Misc)
(76,000) Rupees
Net Profit3,00,000 Rupees

We can conclude that the Profit Margin of the Hoppipola Franchise is 25% for the Sales of 12,00,000 Rupees. The outlet may have less profits in the initial days but Clubs have great demand in the market.

After good Local Marketing and Branding, the Sales will increase to 15 Lakh Rupees per month and the profit margin will be 30% on Sales or 4,50,000 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 go to Clubs.

How to get Hoppipola Franchise?

To get the Hoppipola Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will best guide you.

This venue is an excellent choice for those looking to have a memorable night out. With its late-night opening hours, it caters to party-goers who enjoy staying out until the early hours. The ambiance of the place is outstanding, creating a vibrant and energetic atmosphere that sets the mood for a great party.

One of the highlights of the venue is its in-house entertainment, which includes live music performances, a talented DJ, and even belly dancers to add an extra touch of excitement. The combination of these elements creates an immersive and captivating experience for the guests, enhancing the overall enjoyment of the night.

Thanks for reading the blog, If you have any queries regarding the franchise then you can ask me in the comment box or on my
Instagram- https://www.instagram.com/lakshya_kumawat999/

For more such informational franchise blogs, you can check our franchise review list here- https://aftercolleges.com/category/franchise-business

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lakshyagupta9399

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