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What is Keventers price?

What is Keventers price?

Priced between Rs 125 (30 0ml) and Rs 200 (50 0ml), these bottles have found takers in cities like Mumbai, Delhi, and Bengaluru. What began in 2015 as an experiment has today already turned into a 150-outlet business. As of March, Keventers clocked a turnover of Rs 30 crore.

When was Keventers started?

1925
Dalmia’s grandfather, industrialist Ram Krishna Dalmia, had bought the brand in 1940 from its Swedish owner, dairy technologist Edward Keventers, who had set up a farm in Delhi’s Chanakyapuri in 1925. It started by supplying milk but diversified into milk powder, condensed milk, milkshakes and ice creams.

How much does it cost to open a milkshake shop?

Investment Details The Signage and Collateral will be around an estimate of INR 1 Lakh. Security Deposit of INR 1 Lakh is required. However, this amount is refundable. The pieces of equipment required to make the milkshakes will cost up to INR 7.5 Lakh.

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How do I get a Keventers franchise?

Investment Details

  1. The franchise fee for Keventers is INR 9 Lakhs, which can be paid over 3 years in instalments.
  2. The Signage and Collateral will be around an estimate of INR 1 Lakh.
  3. Security Deposit of INR 1 Lakh is required.
  4. The pieces of equipment required to make the milkshakes will cost up to INR 7.5 Lakh.

Is a milkshake business profitable?

High profit margins from milkshakes A small foodservice establishment can earn close to USD 50,000 per year from selling milkshakes if it sells at least 50 servings per day, and is open seven days a week and 12 months a year. This translates to a daily profit of around USD 135.

How much does it cost to open a milkshake bar?

Here in the United States alone, smoothie bars are a 3 billion dollar industry. From an investment stand point, industry experts estimate start-up costs for you to own a smoothie business will run between $20,000-$400,000. However, you stand to make about $600,000 in gross revenue annually.

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Is thick shake factory profitable?

The ThickShake Factory is a Hyderabad based premium thickshake brand and is the first of its kind in India….7.6 / 10 · Established in 2013, 95 Franchisees currently, Headquartered in Hyderabad.

Format Name Format 1 Format 2
Profit Margin 23\% 28\%

How much does it cost to open a Keventer franchise?

First of all the Keventers is charging you a Franchising fee of ₹ 9L which can be paid in 3 instalments i.e, For 3 instalment in 3 years for a license which is valid for 5 years . And a security deposit of ₹ 1L which is refundable. The Milk Shake Equipment will cost you about ₹ 7.5L

What happened to Keventers milkshakes?

Keventers closed the 2015-’16 financial year with Rs 4 crore in sales, riding on nostalgia, retro bottles, and, of course, the milkshakes. Sitaram also pushed for the franchise route. The idea was simple: Keventers would provide the store design, bottles, recipes, and the syrups; the store owner would procure milk and ice cream locally.

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Which is the first milkshake brand in India?

Keventers is India’s first original milkshake brand which has earned its reputation and is continuously paving the way towards success. It was established by Edward Keventers in the year 1925 and is now in a growth mode after being dormant for several years.

How much does a Keventers bottle cost in India?

Priced between Rs 125 (30 0ml) and Rs 200 (50 0ml), these bottles have found takers in cities like Mumbai, Delhi, and Bengaluru. What began in 2015 as an experiment has today already turned into a 150-outlet business. As of March, Keventers clocked a turnover of Rs 30 crore.

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