Policies, Codes & Other Documents
It is well-known that the food industry is one of the most challenging spaces for business. Yet, because of its huge potential, countless people are venturing into the space to provide consumers with a great experience and delicious cuisines. However, for higher chances of survival in this industry, there’s a popular concept that you can now leverage- fast food franchises. They are quite common in India nowadays. Ever since international players started their operations in the late 90s, the country has witnessed a mushrooming of these chains.
As franchises of food chains increase, there is a massive opportunity for people looking to enter the field. If you’re one of them, we tell you the best food franchises in India with a huge profit potential.
Undoubtedly, a low-cost food franchise in India will help you set a strong foot in the industry quickly. But there are also certain high-cost franchises of food chains that are well worth your investment. So let’s dive into the best food franchises in India for this year.
Kentucky fried chicken is arguably the best fast food franchise in India and even worldwide. The global fast food chain that began in 1952 was an immediate hit with its unique style and taste. This led to franchises worldwide recording phenomenal success with over 40,000 outlets globally.
In India, there are more than 749 KFC stores, with many cities that still don’t have an outlet. Thus, starting a KFC fast food franchise can be an excellent opportunity. You only need around 50 lakhs for traditional stores and about 1 crore for a non-traditional store.
With more than one million pizzas delivered daily, Domino’s Pizza is one of the biggest names in the pizza space. With Jubilant FoodWorks owning the master franchise for Domino’s, its franchise of food chains grew tremendously over the years.
India also has the second largest number of Domino’s outlets worldwide after the US, highlighting the food chain’s success. It is also a low-cost food franchise in India, costing around 30 to 50 lakhs to start.
Subway is one of the best food franchises in India that aim to serve food different from its competition. By offering healthy options as an alternative to junk food, it has become popular among the health-conscious crowd.
It is also one of the low-cost food franchises in India that generate maximum profits at minimum investments. From around 5 lakhs to 25 lakhs, the initial investment can give you a good ROI with good profit margins.
One of the familiar food joints you might have come across is Tibbs Frankie. Its low-cost pricing, combined with its Indian flavours, is a massive hit in the country. Combining styles from Beirut and birthing it with Indian mixes, the snack quickly became widespread for its taste.
The best part about starting a franchise with Tibbs is its requirements. You only need a small space between 50-150 square metres, perfect for a low-cost investment. The manpower required to run the franchise is also minimal, from three to five people only.
There are numerous franchise options in India with huge potential. So, choosing one ultimately comes down to your goals and requirements. You can select a franchise that best fits your business goals depending on your budget, location, and preferred chain.But don’t let a big capital requirement keep you from opening your desired franchise. Finance your purchase with a business loan from Tata Capital and enjoy minimal loan requirements, low interest rates, and a quick processing time. Apply online today.
Policies, Codes & Other Documents