| Investment Cost | Franchise Fee | Franchise Owned Stores | Contact Details |
| 8-12 lacs | 3 Lakh Rs Approx=3 Lakh + 54000 Gst | 99+ | https://www.ibaco.in/contact-us.php |
IBACO franchise is a unique brand from Hatsun Agro Product Ltd. The Company was established was founded by RG Chandramogan and Subramanian Suriyanarayanan in the year 2010. The Company deals with Ice Cream, ice cream cakes, and Ice Cream Shakes with great varieties and flavors thereby delivering great standards and tastes to its customers. The IBACO Franchise has the best multivariate range of ice creams. It has a proven business model that allows you to craft and design your delicacies. Now let’s look at the Ibaco Franchise Cost in India along with the details of How to Launch, Profit Margin, Requirements, and Enquiry Contact Number through this post below.
IBACO Iec Cream Company Franchise Overview
| Founded | 2010 |
| Franchise Type | Frozen Desert Segment (Ice Cream) |
| Founder | RG Chandramogan, Subramanian Suriyanarayanan |
| Company Name | HATSUN AGRO PRODUCT LTD |
| Company Website | https://www.ibaco.in/ |
| Franchise Fees | Rs 5 lakhs |
| Investment | INR 8 – 12 Lakhs. |
| Space Required | 200 square feet and above |
| Royalty | 5% |
| Business Setup Time | 1 months minimum |
IBACO Franchise Profit Margin (ROI)
The return on Investment for IBACO Franchise is approximately 1 or 2 years. The profitability of your IBACO franchise depends on various factors, including location, operational efficiency, and market demand. While it is challenging to provide an exact profit margin, an IBACO franchise in a well-chosen location can expect to achieve a profit margin of approximately 15% to 20% after covering all expenses. Now let us analyze the Profit Margin for the IBACO Franchise.
| Particulars | Amount (INR) |
| Gross Sales | 3,00,000 Rupees |
| Cost of Ice Creams @50% +5% Royalty | (1,65,000) Rupees |
| Rent | (40,000) Rupees |
| Electricity and Water Supply | (10,000) Rupees |
| Salary of Workers and their Expenses | (20,000) Rupees |
| Other expenses (Marketing, Aggregator, Misc) |
(10,000) Rupees |
| Net Profit | Rs 55,000 per month (approx) |
Ibaco Franchise Investment Cost & Fees
| Franchise Fee | 3 Lakhs + 18% Gst |
| Infrastructure Investment Cost | 5 lakhs onwards |
|
Ibaco Franchise Commission / Revenue Sharing / Royalty |
N/A (50% of Food cost) |
| Shop / Unit Area | 200 Sqft Minimum |
| Franchise Agreement | 5 Years |
How to Start IBACO Franchise in India?
Since IBACO works under the Parent company of Hatsun Agro Product Ltd you need to apply for the franchise option from there only. The steps to Apply for the Franchise options are given below:-
- Please visit the official website of IBACO Franchise by clicking here => https://www.hap.in/business-enquiry.php
- On the Main Page, you can see the “HAP Business Enquiry Application Form”.
- Fill in all the details in the Application form Choose Brand as IBACO there and then Click on the submit button.
- IBACO will then conduct an initial screening to assess your suitability as a franchisee. This may involve a phone interview or an in-person meeting.
- You then have to Select a suitable location for your IBACO franchise. Consider factors such as foot traffic, proximity to target customers, and lease terms. IBACO may provide guidelines and support in this regard.
- Prepare a detailed business plan incorporating your financial projections, marketing strategies, and operational plans. This document will showcase your commitment and understanding of the business.
- Submit your completed application along with the required documents, including your business plan, financial statements, and personal information.
- IBACO will thoroughly review your application and conduct due diligence. If approved, you will be notified and invited to move forward with the franchise agreement.
- Once accepted, you will undergo comprehensive training on iBaco’s operations, product offerings, and customer service practices. You will also receive ongoing support from the franchise headquarters.
Pros & Cons of Getting an IBACO Franchise
Pros => IBACO franchise is a well-known brand in the Ice Cream Industry its Customized offering which includes different varieties helps to attract more customers. IBACO’s parent company Hatsun Agro Product Ltd is a very Professional and well-renowned company that can help its channel partners benefit from extensive training, operational support, and marketing Assistance
Cons => One of the challenges in the Ice Cream Segment is the competition which is very high even from small and local players. Therefore it is essential to be dynamic in product offerings to build a strong base. The franchise fees and the investment costs are quite high as well.
Ibaco Franchise Enquiry Details
- CORPORATE OFFICE: HATSUN AGRO PRODUCT LTD
- Address: Plot No. 14, Tamil Nadu Housing Board “A” Road, Sholinganallur, Chennai – 600 119, India.
- Toll-Free Number: 1800-120-3355
- Telephone Number: 044-24501622
- Email ID: [email protected]
With its strategic methods of high promotional branding, it is a leading choice amongst the top 10 ice cream franchises in India for 2022. They are a well-known rising dairy frozen dessert brand in the food industry. It is now working on its objective to attain its aim of expansion by offering franchise opportunities to different individuals with similar visions and passions.
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