Want to start a food franchise on a low budget? Then, you are on the right page.
It is literally a great idea to start your own food franchise all you require is that What You Need & From where to start it.
In fact, Fast food consumption in India is proliferating and is expanding more than 40% every year.
It is currently worth more than $27.57 million US dollars. QSR (Quick Service Restaurants) market is expected to grow more than 18% at CAGR (Compound annual growth rate) from 2021 to 2025.
It is happening because of tremendous growth in the young and working population.
When it comes to the exact percentage, more than 34% of India’s adult population eats fast food once a week. When it comes to youth, more than 45% of youths eat fast food. When it comes to the old population, it is less but still is as high as 25%.
So, you can see how much opportunity there is in the fast-food market by the above-given data.
If you also want to open your fast-food franchise and enter the market and earn some handsome amount of money even if you don’t have a lot of money to invest, don’t worry. Here are fast Food Franchise Under 5 Lakhs.
Let’s Dive in to Dig More About Top Fast Food Franchise Under 5 Lakhs:
Amul Ice Cream Franchise:
Amul was started in 1964, and since then, it is getting bigger and bigger in its field. Even now, there is no other big name like Amul in his area. When it comes to franchises, they have two types of franchises to offer interested people.
One is the Amul Railway parlor, and the other is the Amul ice cream scooping parlor. In the Amul Railway parlor, you will get a commission of about 2.5% on milk pouch and 10% on milk products.
Whereas, compared to the Amul ice cream parlor, the commission is as high as 20%.
Also, milk and many milk products do not even come under the category of fast food.
To start an Amul ice cream parlor, You need to have an area of 150 square feet then you need to pay about Rs 25,000 as non-refundable brand protection.
About 1 lakh rupees will be spent on renovation, and around 75,000 – 1 lakh rupees will be spent on tools and accessories. Overall the investment will be approximately 3-5 lakhs rupees.
When it comes to profit, you can earn around 5 to 10 lakhs per month. You have to make sure that you have to open a parlor in the right place.
Samosa Junction Franchise:
Samosa, well, there is no introduction needed about it. It is loved and found all over India. It comes with different variations.
It contains more than 25 types of other veg and non-veg samosas. You can even take samosa with tea, or in more places, the samosa is served with a sweet called jalebis. The franchise has set a goal to open 500 stores across the country.
There are other benefits of joining this franchise like low investment, low risk involved, HIgh income, Ease to operate and manage, and much more.
The cost of opening a samosa junction franchise is around 3 lakh, the capital investment is required 1 lakh, and the rest of the money will be invested in equipment, furniture, tools, advertisement/marketing.
The company also offers proper guidance and support for beginners. The expected ROI (Return on investment) per month is around 50-60%. They will take approximately 5% of the total sales of your shop. Again place plays the leading role.
Sweet World Franchise:
Sweet World Franchise is one of the cheapest and lovable franchises in India. It is popular in almost all age groups since they have different varieties they provide sweets, chocolates, mithais, cakes, desserts in short every sweet thing you want to eat you will find here.
It was started in Mumbai in 2002.
It provides people a chance to open their own franchise business with the lowest investment possible. It would be best if you had an area of around 10 to 25 square feet and a small investment, which will cost you about three lakhs.
You can expect to make a profit after six months of opening. It is the best option, especially in the low investment sector.
Bean Here Franchise:
It is a food and beverage franchise. It was started in Ahmedabad in 2014. Since its opening, it is pretty popular among people and won many awards(Best Themed Café, Best Stand Alone Café).
It provides a large number of beverages and drinks and offers many kinds of board games that make people visit here again and again.
You need to have at least an area of 180 square feet. After that, you need to invest around 2 to 5 lakhs for franchise fees, decorations, furnaces, equipment.
You also have to sign a contract for about three years with Bean Here, and after that, you need to renew the contract to continue your franchise.
So after 8 to 10 months, you can expect to get your revenue back from it.
Cream Lounge Franchise:
It is the place where you can get delicious ice creams and milkshakes. It was first started in Hyderabad in 2009, and since then, it has set some new benchmarks in the ice cream business.
It also offers you a three-year contract to work with them. It is also an excellent franchise to start when it comes to low-level investment. You need to have an area of around 200 to 1000 square feet.
The investment depends on your budget and your mood on how much you want to spend on it, but the minimum investment is around three lakhs. After just 3 to 4 months of opening, you can get your investment back.
Tibbs Frankie Franchise:
Based on West Indies cricketer Frank Worell they named this franchise Tibbs Frankie. It was started in Mumbai in 1969.
Its founder was Amarjit Singh. Now it is spread in more than 30 cities and has customers in thousands. The area required to start is around 50 to 200 square feet, and the investment will be approximately 5 lakh rupees.
Kathi Junction Franchise:
It is yet another low investment food franchise in India that is dominating in its area. The company sells shawarmas and Kathi rolls. The company provides two types of opportunities to people.
First, one is Kathi Junction Food-Court Express, and another is Kathi Junction Dining restaurant. However, Kathi Junction Dining restaurant requires a lot more investment than the first option.
To open Kathi Junction Food-Court Express, you need to have at least 100-200 square feet area, and the investment will be around 5 lakh. You also need to pay 4% of your total income as royalty fees to the company.
Since you now have a good idea about all profitable franchises, You can choose any of these franchises based on your interest, need, and budget.
All of these are good sources of income. Hope you found all your answers.
However in case i missed something, kindly drop it in the comment section. Thanks in advance.