- February 17, 2020 / 6 min readTablez holds franchise rights for Cold Stone Creamery.
Tablez has launched two outlets of Cold Stone Creamery, the iconic American ice cream brand, in Hyderabad. These outlets are located at HSR Eden Building, Banjara Hills, and SP Road, Begumpet, respectively.
With the launch, Cold Stone Creamery ventures into Hyderabad. These new outlets are the 26th and 27th outlets of Cold Stone Creamery in India.
Tablez holds franchise rights for Cold Stone Creamery.
Adeeb Ahamed, Managing Director, Tablez, said, “Hyderabad is known for its rich gastronomic traditions, and we are glad to bring the popular American ice-cream brand to the city. Cold Stone’s range of ice-creams is made fresh and is expected to add flavour to the taste-buds of all age-segments.”
“The new stores strengthen our growing presence across the cities in South India. Hyderabad is developing at a rapid pace, and the discerning local crowd will definitely enjoy Cold Stone’s Ultimate Ice Cream Experience. We plan to launch 3 more stores in Hyderabad by May 2020,” he further added.
Ice cream market in India
In India, the ice cream industry is one of the fastest growing segments of the dairy or food processing industry. The country has a low per capita ice cream consumption of ice cream at 400 ml as compared with per capita consumption of ice cream of 22,000 ml in the United States and 3,000 ml in China.
The ice cream sector in India has great potential for growth with the improving cold chain infrastructure in the country coupled with increasing disposable income and the changing lifestyle.
In India, the ice cream industry generated revenue of over $1.5 billion in 2016 and is projected to generate revenue of approximately $3.4 billion by 2021.
Ice cream franchise
In modern times when franchising has become the best option to start a business, the ice-cream franchise provides a great opportunity to establish oneself as a capable entrepreneur and earn handsomely.
The organised ice-cream industry constitutes just 4-6% of the total industry, therefore, there is a large scope of growth in the coming years.
For those aspiring franchisees that feared that the diet conscious people would no longer care for this lip-smacking dessert, there is good news! With the growing popularity of ice-creams among health-conscious consumers, one can find an array of frozen desserts fitting various dietary regimes like reduced-fat, fat-free, low-carb, no sugar added or lactose-free ice creams. So, with this development, there is an increased need for more franchise owners in the ever-growing ice-cream franchise segment.
The growth in this sector can be envisaged by the ever-increasing players and their expansion pan India through the franchise route. The brands like Kwality Walls, Vadilals, Amul, Mini Melts, Baskin Robbins, Gelato Vinto, etc, are some national and international players that have prospered from one outlet to hundreds and thousands within a span of a few years, showing the popularity of franchising in this sector.
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