Top 5 Ice Cream Franchise in India: Fees & Profit [Dec’24]

I scream, you scream, we all scream for ice-cream! From a toddler to a grandfather, regardless of age, we all love to experiment with our ice-cream scoops. Top it up with cherries, gummies, wafer sticks or whipped cream, and get a new flavor everytime.

In this blog post we are going to talk about the best Ice Cream Franchises in India. We will be covering all the aspects like cost, process, margins, agreement, etc.

These unmountable flavors are one of the key reasons why the ice-cream market is so vast, so much so that the Indian ice-cream industry is expected to grow to a whopping valuation of INR 508.4 Bn by 2028!

While there are no caps in the ice-cream flavours, a variety in the shapes and preparations of ice-cream is also present, ranging from ice popsicles to fresh ice-cream, frozen ice-cream, flavoured ice-cream to organic ice-cream.

Ice-cream has also experienced a rise in demand as a dessert option, which might be due to its low price range or the fact that an ice-cream can be flavoured into a variety of your favourite desserts like brownies, cakes, gulab jamun, kulfi, ras malai, raj bhog etc.

Let’s take a brief look into how investing in an ice-cream franchise might prove to be fruitful for you!

 

Top Ice Cream Franchise in India

 

Listed below (not by order) are some of the successful ice cream franchise opportunities in India that we’ve handpicked for you- 

 

Nirula’s Ice Cream Franchise

Nirula’s roots go back to 1934 where it was founded by Nirula brothers, Lakshmi Chand Nirula and Madan Gopal Nirula. Nirula’s is India’s oldest fast food restaurant chain, and also Delhi’ first fast food restaurant, opened in 1977 in Connaught Place. This North India based food-chain, is extremely popular in Delhi NCR and has more than 70 outlets in Delhi NCR, Bihar, Uttar Pradesh, Haryana, Punjab, Madhya Pradesh and Rajasthan. Nirula’s is known for their unique offering of western fast food with a “Desi” twist.

This rapid and much deserved success has led Nirula’s to indulge into other ventures including, Batter Days (in- house french bakery), Desi (Indian cuisine), N51 Flavours (offering 51 different handcrafted ice cream flavours), Wrapp’d Up, Pan Asian, Valentino Pizzeria, BIGBOY Burger, Cocoa Alchemist, Cafe Healthy High and Chaatoos.  

Nirula’s currently has a strong presence across India with 97 outlets with plans to cover more cities. Majority of its outlets are situated in Delhi NCR. 

An investment worth INR 20- 30 L is required to own a Nirula’s franchise with a space requirement of 300- 1200 sq. ft. The franchise or brand fee stands at an estimate of INR 5 L with a royalty fee of 5%. The anticipated ROI is set at an estimate of 30% with a payback period of 3- 4 years. A renewable franchise term is provided for 5 years. The break- even stands at an estimate of 18 months 

NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.

 

Read Also: Vending Machine Price List in India

 

Giani’s Ice Cream Franchise

Giani’s was established in 1956 by Giani Gurucharan Singh at Fatehpuri, Delhi. Giani’s are known for processing and trading their flavoursome range of sorbets, Italian gelatos, ice- creams, faluda kulfis and snacks. They promise to deliver a 100% vegetarian range of products which can be equally relished by all age groups ranging from kids to adults. 

Giani’s offer 3 types of Ice- cream outlets which are as followed-

 

  • Kiosk- A space of 150 sq. ft. or more is required with the presence of 2 ice-cream parlours with no seating requirements. 


  • Small Outlets- A space of more than 150 sq. ft. but less than 250 sq. ft. is required with the presence of 1 gelato and 1 ice-cream parlour with optional seating requirements. 


  • Large Outlets- A space more than 250 sq. ft. is required with the presence of 1 gelato and 2 ice-cream parlours with seating requirements recommended.  

 

Capital investments for a Giani’s franchise ranges from INR 13- 16 L with a franchise fee set at INR 5 L. Gross margins for a Giani’s franchise are 50% (approx) with an average ROI of 12- 15 months.

 

Reach out to Giani’s for any further queries at fr@gianisicecream.com.

NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.

 

Baskin Robbins Ice Cream Franchise

Baskin Robbins is a multinational giant ice-cream chain which was established in 1945 by Bust Baskin and Irv Robbins in Glendale, California as a small shop. Burt Baskin served in the army where he learned the talent of making ice-creams which he then served to his companion soldier during World War II whereas Irv Robbins had learned the art while working in his father’s ice- cream shop. Later on, they merged their names and business, giving birth to Baskin Robbins. 

Bakin Robbins commenced operation in India in 1993 and is now available in 200 cities in around 750 stores. Baskin Robbins has become one of the most loved ice- cream brands in India. Baskin Robbins records an estimated profit margin of 40- 50%.

Baskin Robbins offers 3 kinds of Ice-cream outlets which are as followed-

(If one desires to expand from one franchise model to another, it can be easily pulled off by fulfilling the necessary criterion.)

 

  • Baskin Robbins Kiosks- A minimum space of 150 sq. ft with a minimum frontage area of 10 ft is required for this kind of a Baskin Robbins franchise outlet alongside an estimated investment of INR 11- 14 L. 


  • Baskin Robbins Parlour-  A minimum space of 300 sq. ft with a minimum frontage area of 12 ft is required for this kind of a Baskin Robbins franchise outlet alongside an estimated investment of INR 13- 18 L. 


  • Baskin Robbins Lounge-  A minimum space of 500 sq. ft with a minimum frontage area of 15 ft is required for this kind of a Baskin Robbins franchise outlet alongside an estimated investment of INR 18- 24 L. 

 

Preliminary costs for a Baskin Robbins franchise include purchase cost or rent of the real estate. A security deposit of INR 50,000 is required along with a franchise and branding fees of INR 4- 5 L.

 

NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.

 

Vadilal Ice Cream Franchise

Vadilal was founded in 1907 by Vadilal Gandhi in Ahmedabad, and since then for more than 100 years and counting, Vadilal without any compromise has been invariably bringing flavour to every India’s palate. Vadilal is famous for their unique flavours and flavoursome innovations and acquires an expansive network of more than 1,25,000 dealers across the country. 

A space of 300- 3000 sq. ft. is required alongside an infrastructure investment of INR 5- 15 L to own a Vadilal franchise. ROI timeframe stands at 0.5 to 1 year with a revenue sharing percentage of 88%. It takes a month or 2 to set- up a Vadilal franchise. The franchise fee stands at an estimate of INR 2 L.

NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.

 

Havmor Ice Cream Franchise

Havmor, established in 1944 by Satish Chandra Chona as “Have More” in colonial India, has recently become a part of Lotte Confectionery Ltd. Havmor currently acquires a whopping number of 72,000 retail outlets in addition to over 200 flagship stores in 18 states and 5 union territories. Havmor produces more than 4 litres of ice cream every single day which makes around 36 million units of ice cream that is served to consumers. 

A space of 600- 800 sq. ft. is required to own a Havmor franchise with an infrastructure investment worth INR 4- 5 L. ROI timeframe stands at 0.5- 1 year with a franchisee fee of INR 10 L. Business set- up time stands at 1- 2 months with the franchise tenure of 2 years. 

NOTE: The above mentioned data is variable and estimated. We strictly advise you to contact franchise specialists before investing or taking a professional or financial step.

 

Afterword

Just like the craving for ice-creams will never die, your profits after investing in an ice cream franchise wouldn’t either. So, Take the flavourful step and invest in an ice-cream franchise, to make easy money while laying on your back with a tub of your favourite ice-cream.

Author: Rahemeen Rizvi

Rahemeen Rizvi is a dedicated science enthusiast currently pursuing a BSc in Toxicology at Jamia Hamdard. With a keen interest in the intricacies of scientific study, she combines her academic pursuits with a passion for writing and calligraphy, bringing creativity and precision to her work. Her love for the sciences is matched by her artistic talents, making her a well-rounded individual in both her studies and creative endeavors.

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