The bakery industry in India is flourishing not only in tier 1 and tier 2 cities but, in tier 3 cities as well. The bakery does not only comprise of bread, Khari, toast but the Bakery has now been expanded into cakes, pastries, customized cakes, cookies and a lot more. People around India and not only in major cities but everywhere turn to cakes& pastries to celebrate or satisfy their dessert cravings. The bakery industry is growing rapidly and has reached a market value of USD $ 7.22 billion (approx 504 hundred crores) in India.
The bakery is the most promising category to invest in today’s market since the cakes and pastries part of the bakery in India accounts for Rs.1250 Cr. They have become increasingly popular and people do not only love to enjoy cakes with their mouths but with their eyes as well. Cookies, bread, puffs and rolls are becoming more popular than they already were. People are looking for an array of choices when it comes to flavours and designs. No better time than now to invest in a bakery franchise.
Franchise Discovery has partnered with some of the most successfully running bakery brands which are looking out for zealous entrepreneurs who would like to open up a bakery franchise and run it.
Listed below are the brands which are available for expansion by giving franchises.
Monginis – A popular brand of cakes, pastries and other baked goods. Who doesn’t know and love Monginis? It’s been in the market for so long there isn’t a person who hasn’t heard or tried its cakes and pastries. It has over 1000 outlets PAN India and sells delicious cakes, cupcakes, rolls, puffs and a lot more. It’s looking out for enthusiastic franchisors to open and run Monginis where it isn’t already present. During the earlier period cake was associated with Monginis. When customers wanted cake they’d automatically say Monginis because that’s how well-known this brand is.
Space – 200 sqft
Investment – 12 lakhs
ROI – 12-14 months
Srinathji’s – This is a pure veg