Cocofit Net Worth And Its Business Model
Cocofit pvt ltd is a coconut franchise based in Hyderabad, incorporated in August 2019. It is one of the best coconut-selling businesses in India. Their mission is to deliver safe and best-quality products without adding any preservatives. Cocofit net worth is the hard work of its founders.
They deliver coconut juices, dairy-free ice creams, and shakes, all at affordable and reachable prices. The company serves 65+ different products, which are variants of coconut and its family.
This is the first company in India that started a franchising-based business for coconut-based beverages and food products. The company offers end-to-end solutions to franchise partners and helps them to understand the business model with the least prior experience. Cocofit’s founders are Sasi Kanth Visinigiri, Pavan Kumar Seepana, and Sunil Kumar Tentu.
As of 2021, the company is having 31 outlets in seven different states. Despite the pandemic, the company has managed to grow its business and make its most innovative coconut beverages and food product brand. The company’s revenue mainly focuses on the master franchise selling model. They sell franchises and make profits.
In 2020, the company received Indian Achievers Award for an emerging company. Again in 2021, the company was awarded Most Innovative Coconut Beverages and Coconut Food Products Brand in Global Icon Awards 2021. The company also secured a rank in India’s top 100 franchise opportunities in 2021.
Cocofit Net Worth
The company has made headlines for making 2 Cr of turnover within two years of its incorporation. The company got featured on the popular television show Shark Tank India in 2021. And since then, the company has achieved tremendous growth and success. Cocofit net worth is around INR 1 Crore as of 2023.
According to several reports, the company’s franchise provides an exceptional profit margin with the least investment. Their end-to-end solutions and easy process of franchise selling make it even more desirable for interested investors.