| |
A: Daily Bread was founded in May 2003, capturing the space as India’s first national bakery brand, synonymous with European gourmet bakery and confectionery products of the highest quality. The first production unit started operations in October 2003. Daily Bread is a wholly owned subsidiary of Britannia, and its operations are present in the cities of Bangalore, Panjim and Hyderabad.
|
A: The current number of stores for Daily Bread pan-India stands at 36 No’s as on February, 2011. We have plans to add 20 more retail stores by the end of this year, and 30 more stores by the end of 2012. We are now available in Bangalore, Goa and Hyderabad, and would be looking to setup operations at Mumbai and Delhi very soon as well.
|
A: Submitting your application allows us to get to know you better.It gives us the chance to review your financial picture as well as your area(s) of interest.Your application is completely confidential.
|
A: We are looking for franchisees with a drive to succeed, motivation,commitment & the passion to own and run a Daily Bread brand store, franchisees with good track record in business with capability to invest in the store.
|
A: Absolutely not! Experience in the food & beverages industry background helps, but not necessary. We provide training and know-how on being a successful Daily Bread entrepreneur.
|
A: The selection process can be completed in as little as 30 days, but generally takes 60-90 days. This allows you enough time to look for suitable properties, review the Return on Investments, visit some of our existing Daily Bread stores, etc. A lot of it depends on how quickly you want the process to move.
|
A: The term of the franchise agreement is 5 (Five) years, which can be renewed for a further period of 5 (Five) years.
|
A: Daily Bread is open to Master Franchise across major cities in the country.
|
A: Yes. Site selection is fundamental to the success of the store. We have a dedicated team to source locations suited for a successful Daily Bread outlet.
|
A: Once the location is finalized and lease signed, it typically takes between 40-60 days to open a Daily Bread outlet.
|
A: If you decide to open a store format, we will designate a 2 km radius around your store with a first right of refusal applicable to you.
|
A: The guidance on advertisement is given to the franchisee by Daily Bread and the franchisee is expected to allocate a certain part of the revenue towards promoting the store.
|
A: A: The most successful stores are those which are operated by owners. Your presence would definitely benefit towards a successful store, but if you have an experienced manager to operate the store, your presence 24x7 is not necessary.
|
A: No. We do not allow other products to be sold in our outlet.
|
A: Yes. Daily Bread provides an easy to use Point of Sale (POS) system. The POS assists the franchisee to track sales, maintain inventory, daily, weekly, and monthly reporting, etc.
|
A: We provide you with a Return on Investment (ROI), which contain predictions for sales & profits for the location you chose. The predictions are based partly on the expectations we have from the location and partly on historical data from similar locations where we are already present. An accurate estimate of sales & profits is impossible, the ROI can be used as a base or a target of achievement required to be a successful franchisee. A lot depends on the franchisee’s involvement in the store to manage the day-to-day operations and finances.
|