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Milky Way

Category: Ice cream
Company: Chanda Softy Ice Creams
Brand Origin: Chennai
Established Year: 1994
Business Type: Kiosk
Business Model: FOFO
ROI: 12-18 Months
Area: 150 Sq.Ft
Investment: 13 Lakhs
Franchise Outlets: 42
Google Rating: 4.1/5

About Us

Milky Way is a chain of parlors that serves thick milkshakes, and 100% vegetarian quick eats. Our first store was opened in 1994 opposite ethical college in Egmore. Milkyway is constantly innovating new flavors and items. Milkyway is currently having 21 outlets in Chennai, Bengaluru, and Port Blair (Andaman).

What’s different about MilkyWay? 

? The uniqueness of Milkyway is the wide and tempting range of Italian  Style Softy Sundaes. Italian Style Softy Sundaes offer a fresh alternative to the customer who wants something different from the regular frozen sundaes. 

? There is a big gap in the dessert industry in India for innovative Softy  Sundaes and there is no other organized player in this particular segment.

? It's a high margin cash business 

? Tremendous market growth – trends are changing

500+ Franchise Brands
Ownership Type Proprietorship
License Type FSSAI, Gumasta
Main Product
Logo Trademark
Country/Region Chennai, India
Business Automation Semi
Business Involvement Part Time
GST No

Franchise Model

Franchise Investment Details

Model

Kiosk

Cafe

Space

150sqft

500sqft

Interiors

INR 200000 (approx)

600000 (approx)

Equipment Cost

INR 800000

INR 800000

Franchise Fee

INR 400000

INR 600000

Refundable Caution Deposit

INR 50000

INR 50000

Rental Advance

INR 300000

INR 300000

 

INR 1750000

INR 2350000

Less deposits

INR 350000

INR 350000

Total Investment

INR 1400000

INR 2000000

Model

 FOFO

 FOFO

ROI

14 Months

 24 Months

Working Capital   1 Lakhs  1 Lakhs

Cost Bifurcation

Food Cost 33%
Royalty 8%
Gross Profit Margin 59%

 

FAQs

WHAT IS THE FRANCHISEE EXPECTED TO DO?  

The franchisee is starting his/her own business. The franchisee is expected  to : 

• Manage the staff (proper uniform, friendly service, etc) 

• Manage the stock (re-ordering etc) 

• Manage the store (Executing orders, upkeep, etc) 

All procedures will be given by MilkyWay

City

Brand Origin

Chennai

Expansion City

Chennai

Existing City

Chennai, Bengaluru, Port Blair

Blocked City

Contact
Mr. Bhushan Goyal

Mob No. XXXXXXXXXX

Address: G-7, Wellingdon Estate, 24, Commander-in-Chief Road, Egmore, Chennai-105


Contact for Milky Way

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