Amul Franchise Business | How To Apply For Amul Franchise Store | Amul Business Story | Josh Money

Amul Franchise Business | How To Apply For Amul Franchise Store | Amul Business Story | Josh Money

#AmulBusiness #AmulFranchise #JoshMoney

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In this video of Josh Money, Aastha Sethi is talking about How To Apply For Amul Franchise Business? Getting an Amul parlour franchise primarily involves setting up a pre-built shop in an active location with several potential customers. The cost of setting up usually comes between Rs. 1.50 lakh and Rs. 6.00 lakh depending on the kind of shop and setup.

The setup costs can be easily managed with an MSME loan and registered under the Udyog Aadhar Memorandum. Apart from that, individuals taking up the franchise will also have to take care of all the operational costs.

All Amul products are sold exclusively by the franchises. They are the company’s outlets, with an area of 100 to 300 m2. It is located in markets, schools, hospitals, train stations, municipal gardens, etc., which constitute potential areas within the town.

The turnover of these franchises depends on various factors, including the shop’s location, operational costs, etc. However, as per Amul’s official release, the Amul franchise profit per month lies between Rs. 5 lakhs to Rs. 10 lakhs. Once the setup is functional and running, this revenue will be helpful in paying off the MSME loan.
Amul offers several job opportunities to individuals who are looking forward to starting as an entrepreneur. People can apply for setting up a franchise for Amul Parlour or Amul Ice-Cream Scooping Parlour. If someone is low on finances, they can apply for an MSME loan from the government to cover the costs of setting up.

For an Amul parlour franchise, the average investment is around Rs. 2 lakhs. Individuals are required to submit a non-refundable demand draft or cheque of Rs. 25,000 issued in the name of GCMMF at the time of applying. Other costs include the cost of setting up, renovating and upgrading or buying the equipment. These can be somewhere between Rs. 1,00,000- Rs. 1,70,000.

Individuals looking to set up Amul Ice-Cream Scooping Parlours need to invest a little more. The security deposit, in this case, would be a non-refundable fee of Rs. 50,000.

Similarly, the renovations and setting up of the shop would also need more capital. The average cost for setting up comes somewhere between 4 lakhs to 5.5 lakhs.

Paying for all these setup costs from savings can be difficult. Thus, individuals should look for government financial aids such as an MSME loan or get in touch with companies that help provide financial solutions for businesses and franchises.

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