In this article, we will discuss How to start a Sweets Shop Business in India. Mithai ki Dukan is all time evergreen business idea because we Indians celebrate each and every event with some sweets. So if you are planning to start this business then you have to make a good decision.
How to Start Sweets Shop Business
You can start a sweets shop business from an initially small level and make it big. The cost for a sweets shop business can start from 50,000 and above. However, at the initial stage consider investing a lower amount. You can skip the high cost of the display counter and look for alternatives at the initial level.
To open and start a sweet shop you will also require a sweet-making machine, raw materials, having to rent a shop, lighting equipment such as banners, boards, neon LED lights, and an attractive menu that will attract customers.
After all of this now it is time to prepare some samples of the products and items so that people visiting your shop can try the sweets.
Now to start selling your sweets products you'll only need a shop space in the market. Make sure to find the best location where some gathering takes place, such as near a railway station, temples, banks, and corporates, or if you are planning to start a business in the local area then you must consider the three root roads (finial) this area is considered as best for business purpose.
How Sweets Shop Items are Made
Now let's talk about stocks for your shop, in this process, you will be required raw materials used in making those sweets. Some of the basic raw materials required are milk, sugar, raisins, coconut shells, cashews, cardamon, jaggery, etc.
After this, you have to hire a chef or call halwai, who will look upon the process of sweets making.
License and Certificate
So if you are starting a food-related business then it becomes mandatory for you to get a license from authorized departments, so the basic documentation which is required to start a sweets shop license are Trade Licence, FSSAI Licence, GST Registration, and Business Current Account. Your business annual turnover should not exceed rupees 20,00,000 or you will have to update your FSSAI license, go through GST taxation, etc.
Profit in Sweets Shop
So when it comes to the topic of the sweets shop business, it is also necessary to know the margin and profits. So you will be very to learn that the margin in the sweets items is 50% to 70%. However, some items have extensive low margins from 10% to 20% only, but the important thing you will learn in the market is if the margin is low but the sale is high you will still make a good income, whereas if the margin is high but the sale s lower than you won't gonna make very huge earning.
Today, wherever you go to ask the price of sweets, you will be told that the price of sweets is at least 500 rupees per kilogram. And if you sell at least 35-40 kilograms of sweets daily in this business, then you can earn at least 17,000-20,000 rupees daily.
Conclusion:
I hope this article will help with some basic business ideas for you to take your first steps toward your sweets shop business. If you have queries, related to this article, our franchise, or any other questions, do not hesitate to ask in the comment section below.