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At a glance
20 Lakhs - 30 Lakhs
Investment Range
101 - 250
Franchise Count
501 - 1,000 sq.ft
Area Required
18 - 24 months
Break-Even Timeline
24
Years in Franchising

Asharfi – King Of Kool Kulfi Franchise

Franchise Quick Facts

Brand Name Asharfi – King Of Kool Kulfi
Industry / Business Category Ice Cream & Frozen Desserts
Founded Year 1954
Franchise Started Year 2001
Total Franchise Outlets 100–200
Estimated Investment ?20 lakh – ?30 lakh
Franchise Fee ?2,00,000
Royalty Fee Not specified
Space Requirement 400 – 600 sq. ft.
Staff Requirement Not specified
Expected Payback Period 1 – 2 years

1. What is Asharfi – King Of Kool Kulfi?

Asharfi – King Of Kool Kulfi is a franchise-based dessert brand operating in the ice cream and traditional Indian frozen sweets segment, offering kulfi and related dessert products through retail outlets.

The business focuses on manufacturing and selling kulfi made from milk-based ingredients, along with complementary dessert and beverage items. It serves walk-in customers looking for traditional and modern frozen desserts, primarily in urban and high-footfall areas.

2. How the Business Works

The business operates through retail dessert outlets supported by centralized or standardized production processes.

Customer interaction typically follows a quick-service model:

  • Customers visit the outlet and select from a range of kulfi flavors and desserts
  • Products are served in ready-to-consume formats such as sticks, cups, or plated desserts
  • Additional items like beverages and complementary desserts increase average order value

Daily operations involve:

  • Inventory management of frozen products
  • Maintaining cold storage and display units
  • Handling customer orders and billing
  • Ensuring product quality and hygiene standards

Revenue is generated through direct retail sales, with higher sales volumes driven by location, footfall, and seasonal demand.

3. Products or Services Offered

Franchise outlets offer a diversified dessert menu centered around kulfi.

Core Product

  • Kulfi available in multiple flavors (traditional and modern variants)

Frozen Desserts

  • Ice creams in various formats and flavors

Traditional Dessert Items

  • Falooda and similar dessert combinations

Beverages

  • Milk-based shakes
  • Fruit juices

Confectionery

  • Candies and small sweet treats

The menu structure allows for both impulse purchases and repeat consumption.

4. How the Franchise Model Works

The franchise operates as a branded dessert retail outlet managed by individual franchise partners.

Role of the Franchise Partner

  • Set up and operate the retail outlet
  • Manage day-to-day store operations
  • Handle staffing, sales, and customer service
  • Maintain product quality and brand standards

Operational Structure

  • Products are prepared using standardized recipes and processes
  • Franchisees sell pre-defined menu items under the brand name
  • Outlet performance depends on location, service efficiency, and customer flow

Franchisor–Franchisee Relationship

  • The franchisor provides brand identity and product framework
  • Franchisees operate within defined operational guidelines
  • Ongoing alignment ensures consistency in product and customer experience

5. Franchise Cost and Investment Overview

The franchise requires a mid-range investment typical of branded dessert outlets.

Estimated Investment

  • ?20 lakh to ?30 lakh

Franchise Fee

  • ?2,00,000

Key Cost Components

  • Store setup and interior fit-out
  • Refrigeration and cold storage equipment
  • Initial inventory and supplies
  • Branding and signage
  • Working capital for daily operations

Ongoing Costs

  • Staff salaries
  • Utility expenses (electricity for refrigeration)
  • Inventory replenishment

6. Space and Infrastructure Requirements

The business requires a retail space designed for dessert display and customer service.

Space Requirement

  • 400 to 600 sq. ft.

Infrastructure Needs

  • Freezers and refrigeration units
  • Display counters
  • Basic seating or takeaway setup
  • Billing and POS system

Location Preferences

  • High footfall areas such as markets, shopping streets, or near residential zones
  • Locations with strong evening and weekend traffic

Staffing

  • Sales staff for counter service
  • Basic operational staff for handling inventory and hygiene

7. Training and Franchise Support

Support systems are designed to ensure consistency in product handling and store operations.

Training Support

  • Product handling and storage training
  • Customer service and sales processes
  • Store operations management

Setup Support

  • Guidance on store layout and infrastructure
  • Assistance during initial outlet launch

Operational Support

  • Standardized product offerings and menu structure
  • Ongoing alignment with brand practices

These systems help franchisees maintain uniform quality and operational efficiency.

8. Revenue Model and ROI Factors

Revenue is primarily driven by retail sales of desserts and beverages.

Key Revenue Streams

  • Kulfi sales (core product category)
  • Ice creams and dessert combinations
  • Beverages such as shakes and juices
  • Add-on products like falooda and candies

Demand Drivers

  • High demand for desserts in urban markets
  • Seasonal spikes during summer months
  • Repeat purchases driven by taste and variety

ROI Considerations

  • Expected payback period: 1 to 2 years
  • Margins influenced by product pricing and raw material costs
  • Higher profitability linked to location and customer volume

9. Brand History and Expansion

The brand was established in 1954 and began franchising in 2001.

It originated as a small-scale kulfi business and expanded over time into a structured dessert brand with multiple outlets. The network currently includes approximately 100 to 200 franchise locations, along with company-operated stores.

Expansion has been concentrated in Gujarat, with growth into additional cities through franchising.

10. Key Advantages of the Franchise

  • Established presence in the traditional dessert segment
  • Focus on a core product with consistent demand
  • Multiple product categories increasing average transaction value
  • Scalable retail model suitable for urban markets
  • Repeat customer potential in dessert consumption
  • Structured franchise system with defined investment range

11. Who Should Consider This Franchise

This opportunity may suit:

  • Entrepreneurs looking to enter the food and beverage retail sector
  • Investors seeking a dessert-focused outlet with established demand
  • Individuals interested in operating a retail store with moderate investment
  • Business owners targeting high-footfall urban locations
  • Franchise operators with experience in quick-service or dessert formats

Similar Franchise Opportunities

Investors evaluating this category may also consider:

  • Giani’s Ice Cream – Ice cream and dessert retail chain
  • Naturals Ice Cream – Fruit-based ice cream brand with franchise outlets
  • Baskin Robbins India – International ice cream franchise network
  • Cream Stone – Customized ice cream and dessert chain
  • Havmor Ice Cream – Established ice cream brand with retail presence
Food & Beverage Ice Cream & Desserts B2C Owner-Operated Family
Investment and financials
Cost overview
Investment range 20 Lakhs - 30 Lakhs
Franchise / Brand fee ₹2 Lakhs
Royalty / Commission On Inquiry
Investment tier Mid-High
Area required 501 - 1,000 sq.ft
Staff required 2 - 6
Setup complexity Simple
Business term 3 Years
Renewal available Yes
Returns outlook
Expected monthly revenue
₹3.8L – 12.5L
Revenue model High
Business model B2C
Break-even
Capital payback 18 - 24 months
Capital sensitivity Low
Investor fit profile
Operations
Operation mode Owner-Operated
Location type Mall/High Street
Property required Mall/High Street
Home-based possible No
Can run part-time No
Primary customer Family
Market characteristics
Seasonality Low
Recession resistance Medium
Digital integration Medium
Years in franchising 24 Years
Avg units / year 6.2
Ideal for
Established small business owner Mid-level corporate professional
Franchise support
Provided by brand
Not provided by brand
Data not available
Tax System Inclusion
Franchise Manuals
Head Office Support
Field Assistance
Agreement Template
Marketing Co-op Fund
Training and agreement details
Training location
Head Office
Business term
3 Years
Renewal available
Yes
Brand strength
24 Years
Years Franchising
6.2
Avg Units / Year
1954
Founded
A
Brand Tier
A
Tier A — Mature brand with strong market presence
A+Established AMature BGrowing CStartup
Established
Forefind rank history
Current rank
#10
Food & Beverage category
2025
Moved up 1 places since 2020
Based on Forefind scoring model
Licences and compliance
Required licences and registrations for operating this franchise in India. Requirements may vary by state and city tier.
FSSAI License
Setup complexity:
Simple

Frequently asked questions
Q What is the investment required for Asharfi - King Of Kool Kulfi franchise?

The estimated investment ranges between ?20 lakh and ?30 lakh, including setup, equipment, and initial operating costs. A franchise fee of ?2 lakh is also applicable.

Q How does the Asharfi franchise business work?

The franchise operates as a retail dessert outlet selling kulfi and related products. Revenue is generated through direct customer sales, supported by standardized product offerings and store operations.

Q What space is required for the franchise?

An outlet typically requires 400 to 600 sq. ft., suitable for a dessert counter, storage, and basic customer service area.

Q How long does it take to recover the investment?

The expected payback period is approximately 1 to 2 years, depending on location, sales volume, and operational efficiency.

Q How can investors apply for the franchise?

Interested investors can apply by contacting the brand directly through its official franchise channels and completing the onboarding process. ## Similar Franchise Opportunities

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