Milkyway - Ice Cream Parlor Franchise Opportunity
7.5 / 10 · Established in 1994, 20 Franchisees currently, Headquartered in Chennai
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| Milkyway Stand Alone Shop | USD 18 - 22 thousand | USD 7 thousand | 400 - 500 Sq Ft | 3 | USD 3.6 thousand | 38% | 8% Royalty |
| Milkyway Kiosk | USD 12 - 16 thousand | USD 5 thousand | 100 - 150 Sq Ft | 2 | USD 3 thousand | 35% | 8% Royalty |
| Milkyway Mini | USD 9.7 - 12 thousand | USD 5 thousand | 50 - 100 Sq Ft | 1 | USD 2.4 thousand | 30% | 8% Royalty |
| Format Name | Milkyway Stand Alone Shop | Milkyway Kiosk | Milkyway Mini |
|---|---|---|---|
| Investment | USD 18 - 22 thousand | USD 12 - 16 thousand | USD 9.7 - 12 thousand |
| Brand Fee | USD 7 thousand | USD 5 thousand | USD 5 thousand |
| Space | 400 - 500 Sq Ft | 100 - 150 Sq Ft | 50 - 100 Sq Ft |
| Staff | 3 | 2 | 1 |
| Expected Monthly Sales | USD 3.6 thousand | USD 3 thousand | USD 2.4 thousand |
| Profit Margin | 38% | 35% | 30% |
| Royalty / Commission | 8% Royalty | 8% Royalty | 8% Royalty |
Documents
About Milkyway
Milkyway started its first outlet 26 years ago. Milkyway is a chain of parlours which serves Italian style softy sundaes, frozen icecreams, gelato flavours, thick milkshakes, soda pops and fully vegetarian quick eats. We are constantly innovating new flavours and items. Milkyway currently has 21 outlets in Chennai, Bengaluru and Port Blair (Andaman). We have also signed up with L&T Metro Rail, Hyderabad for opening 21 outlets in all its important (high-ridership) Metro stations.
Products and Services
We serve Italian style softy sundaes, frozen icecreams, gelato flavours, thick milkshakes and fast-food range like pizza, sandwiches, toasts, fries, mocktails.
Preferred Locations
India.How to get Milkyway Franchise?
Connect with us on SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
Franchise partners should invest in the business to set up the facility, must be willing to give some time at the outlet, run the business as their own, should be willing to learn the business operations and they have to purchase food products from us.
Support you can expect from the company
We support the franchise partners with training, shop set-up, shop opening offers, the supply of the products, marketing.
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Earlier than 15 daysMD, IT And Industrial Trading, Riyadh, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCo-founder, Software Technology, San Francisco, Individual Investor / Buyer connected with the Business
Profile Stats
- 4000+ Page Views
- 2000+ Investor Views
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1 Investor contacted this Franchise this month.
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Frequently
Asked
Questions
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When was Milkyway established?Milkyway was established in 1994 in Chennai and is reported to have 20 Franchisees currently
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What is the investment required to take up Milkyway Franchisee?Investment required ranges from INR 8 lakh - 18 lakh depending on the format offered.
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What is the space requirement for taking up Milkyway Franchisee?Space required ranges from 50 - 500 sq ft depending on the format.
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What Franchisee formats does Milkyway offer?Milkyway offers 3 formats, i.e Milkyway Stand Alone Shop,Milkyway Kiosk,Milkyway Mini.
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How to get Milkyway Franchisee?Connect with us on SMERGERS and we will guide you through the process.