Franchise business has a different mode of earning. If you have a place and you own it- start with a franchise business. Now the question is which brand you will ask for a franchise business. To make your confusion sorted, BtechBabu thought of running research based on the market.
Guess. What! We found
Patanjali Ayurved is a great option.
The Patanjali franchise profit is way out of your mind, full of calculations on how much you can earn. This brand is working effortlessly and made the possibility to reach thousands of households in just a few years. Now, this brand is in almost eight houses if counted over 10. The Patanjali Ayurved LTD franchise is our topic of discussion today
Why Patanjali Ayurved?
Patanjali Ayurved is most commonly known as Patanjali is a Haridwar. It is an India-based international consumer packaged Goods Corporation. The organization was founded in 2016; the co-founder is none other than the most popular Yogi Baba Ramdev and Acharya Balkrishna. The company’s registered office is in Delhi, and its manufacturing facilities and headquarters are in Haridwar’s industrial district. The business makes cosmetics, Ayurvedic medication, and organic food products.
Ramdev and Balkrishna founded Patanjali Ayurved Limited in 2007. Balkrishna owns 94 percent of the corporation, with the rest distributed among other shareholders. Balkrishna had a net worth of $2.3 billion as of May 2021
Patanjali was the fastest growing FMCG firm in India in 2016, according to CLSA and HSBC. It was worth 3,000 crores which is about 35 billion rupees or $490 million in 2019. Patanjali announced that their annual turnover for 2016–17 was anticipated to reach Rs. 10,216 crore, which is around US$1.4 billion. According to a report by India Infoline (IIFL), Patanjali’s success will impact at least 13 publicly traded companies, including Colgate, Dabur, ITC, and Godrej Consumer. Every month, the Future Group, which has partnered with Patanjali, sells roughly 30 crores (US$4.2 million) in Patanjali products
Production Rate details
Patanjali Food and Herbal Park in Haridwar is Patanjali Ayurved’s major production site. The company has a production capacity of 35,000 crores (equivalent to 380 billion or US$5.3 billion in 2019). It is increasing to 60,000 crores (equivalent to 690 billion or US$9.7 billion in 2019) through additional production units in Noida, Nagpur, and Indore
Before starting with the Patanjali franchise process, it is essential to know that in 2016, 35 armed Central Industrial Security Force (CISF) commandos were assigned to the Patanjali Food and Herbal Park on a full-time basis. The park would be India’s ninth private institute to be guarded by paramilitary soldiers from the CISF. Ramdev is a central paramilitary forces “Z” category protectee. In 2017, the Patanjali organization released its official Caller Tune, which had music composed by Vaibhav Saxena and featured the motto “Swadeshi Swabhiman, Rashtra Seva Ka Abhiyan.”
Current status of Patanjali Ayurved
Patanjali is currently producing over 450 distinct types of products and over 300 medicines to treat a variety of diseases. The brand says that all of its products are manufactured with natural ingredients and follow Ayurvedic principles. Dant Kanti, Ghee, Kesh Kanti, herbal bath soap, and honey are some of Patanjali’s best-selling items that have fueled the company’s expansion. Patanjali’s noodles were an attempt to encourage children in India to eat more healthily.
The Patanjali Divya Jal franchise company’s success is due to two factors: first, a trend in Indian customers’ lifestyles toward utilizing more natural and Ayurvedic products, and second, Patanjali products are substantially less expensive than other personal care and food products on the market. As a result, a considerable segment of the Indian middle class has turned to Patanjali.
How to take a franchise of Patanjali?
The main requirement for Patanjali retail franchise is a vacant place in an excellent transportable location for increased sales to take place. The Patanjali franchise will fetch you significant profit margins.
Like for example,
Area: Around 300 to 2,000 sq.ft; Investment around Rs 7 -70 lakh; Expansion plan: 1,000 stores
The best part about Patanjali is “Commoners love the brand. The reviews on the Patanjali products are extraordinary.” To open a Patanjali franchise location, you’ll need to invest between Rs 9 -15 lakh for the Patanjali store franchise cost and space between 300 and 1,000 sq. ft. A Patanjali franchise in Mumbai, or Patanjali franchise in Bangalore, or a Patanjali franchise in Chennai can be opened in a rural, semi-rural, or urban setting. The business has also recently opened 12 megastores, most of which are located in major cities.
Patanjali Franchise inquiry- Is it Profitable?
The Patanjali shop franchise will turn around the overall business. The Patanjali franchise cost in Bangalore is pretty high. There are thousands of outlets and franchises of Patanjali across each state of India. Patanjali, which had revenue of Rs 2,000 crore in FY15, now wants to double it to Rs 5,000 crore in FY16.
The expanding popularity, promotion, and awareness of ayurvedic medicines and aspects such as low prices and Indian products are driving sales and increasing revenue for the company. It’s one of the few franchise companies that appeal to both rural and urban audiences.
Every day, retailers told CLSA, their average gross turnover is Rs 25,000. Retail profit margins range from 10% to 20%, depending on the product category.
What does the Patanjali Retail store franchise cost?
- Patanjali Retail Stores require a minimum of Rs.50,000 to open.
- Patanjali Dealership Store requires a minimum of Rs.50,000/- to open.
- The minimal cost to open a Patanjali Distributorship Store is Rs.1 lakh. – The cost of establishing a Patanjali Mega Store in India is estimated to be at least Rs. 1 crore.
How will you apply for the Patanjali franchise in India?
Are you interested in joining the Patanjali family?
Examine the three schematics below to have a better understanding of where you should send your application.
- Gramodhyog Nyas
- Patanjali Mega Store
- Patanjali Chikitsalaya & Arogya Kendra
Both the Mega Store and Patanjali Chikitsalaya & Arogya Kendra Forms are available in Hindi and English on the online franchise application forms. You can only apply for Patanjali Mega Store through the online application form. You must complete the application in a reasonable timeframe. The application forms for Patanjali Chikitsalya and Arogya Kendra are available online. Additionally, visit the patanjaliayurved.org contact page to get in touch with the organization.
Patanjali franchise India application is available online. You can go for this franchise business and explore the lifelong benefits.