Frozen Bottle, Chalai Bazar, ramanathapuramBeverages, Shake, Desserts and Ice Cream Cafe in Chalai Bazar, ramanathapuram, tamil nadu
INRhttps://store.frozenbottle.com/frozen-bottle/milkshake-and-ice-cream-cafe-in-ramanathapuram/milkshake-and-ice-cream-cafe-in-chalai-bazar/frozen-bottle-in-chalai-bazar-ramanathapuram--e0961387-55f4-4ad6-b4bf-7b7996a5e45a/articles/invest-in-your-future-with-a-proven-and-affordable-food-franchise-under-15-lakh--a6f53386-77e0-4016-98e6-e1e2a9864be9Shop No 69, Annal Gandhi Adigal Salai, Vandikara StreetChalai Bazar, ramanathapuram623501
Shop No 69, Annal Gandhi Adigal Salai, Vandikara Street, Opposite Old Vasanth & Co, Chalai Bazar, ramanathapuram, tamil nadu - 623501
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Invest in your future with a proven and affordable food franchise under 15 lakh
THE ULTIMATE GUIDE TO FINDING PROFITABLE FOOD FRANCHISE UNDER 15 LAKH
Are you someone who is looking to start a food franchise but doesn't want to invest a fortune? Starting a profitable food franchise under 15 lakh is a great option for people who want to own a business with low investment. However, with so many options available in the market, it can be challenging to find the right one. This article is your ultimate guide to finding a profitable food franchise under 15 lakh.
Top Profitable Food Franchises Under 15 Lakh
FOREWORD
Starting a business is a dream for many people. Owning a food franchise is a popular choice because it comes with several advantages such as a proven business model, brand recognition, and support from the franchisor. However, not everyone can afford to invest a considerable amount of money in a franchise. That's where the concept of a profitable food franchise under 15 lakh comes into the picture. In this article, we will guide you through the process of finding the right food franchise under 15 lakh.
PROFITABLE FOOD FRANCHISE UNDER 15 LAKH: WHAT YOU NEED TO KNOW
Starting a profitable food franchise under 15 lakh is an excellent opportunity for those with limited funds but who want to own a business. However, there are a few things you need to keep in mind before investing in a food franchise. Here are some of the key points you should know:
THE FRANCHISE FEE
The franchise fee is the initial payment you make to the franchisor to start the business. It includes the right to use the brand name, trademark, and operating system of the franchise. The franchise fee varies depending on the brand.
THE ROYALTY FEE
The royalty fee is the ongoing payment you make to the franchisor to use the brand name, trademark, and operating system of the franchise. It is usually a percentage of your sales and ranges from 2-10%.
THE TOTAL INVESTMENT
The total investment includes the franchise fee, royalty fee, and other expenses such as equipment, supplies, and inventory. The total investment for a food franchise under 15 lakh varies depending on the brand, but it usually ranges from 10-18 lakh.
THE FRANCHISOR'S SUPPORT
One of the advantages of owning a food franchise is the support you receive from the franchisor. Before investing in a franchise, make sure to research the franchisor's support system. It includes training, marketing, and ongoing support.
HOW TO FIND A PROFITABLE FOOD FRANCHISE UNDER 15 LAKH?
Finding the right food franchise under 15 lakh requires research and careful consideration. Here are some steps you can follow to find the perfect franchise:
STEP 1: IDENTIFY YOUR BUDGET
Before you start looking for a franchise, determine how much money you can afford to invest. It will help you narrow down your options and save time.
STEP 2: RESEARCH
Research is critical when it comes to finding a profitable food franchise under 15 lakh. Look for brands that fit your budget and preference. You can use online resources such as franchise directories, review websites, and social media to gather information.
STEP 3: ATTEND FRANCHISE EXHIBITIONS
Attending franchise exhibitions is an excellent way to meet franchisors and gather information about different brands. You can also attend seminars and workshops to learn more about franchising.
STEP 4: TALK TO EXISTING FRANCHISEES
Talking to existing franchisees is an excellent way to get first-hand information about the brand. You can ask them about their experience
of working with the franchisor, the support they received, and the profitability of the business.
STEP 5: EVALUATE THE FRANCHISOR
Once you have shortlisted a few brands, evaluate the franchisor based on its support system, reputation, and financial stability. It's essential to choose a franchisor who has a proven track record and a strong brand presence in the market.
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ADVANTAGES OF A PROFITABLE FOOD FRANCHISE UNDER 15 LAKH
If you're looking to invest in a food franchise, there are plenty of options out there. But with a limited budget, it's important to choose a franchise that offers the best value for your money. Here are some advantages of investing in a profitable food franchise under 15 lakh:
LOW STARTUP COSTS
One of the main advantages of investing in a food franchise under 15 lakh is the low startup costs. With a smaller investment, you can get your business up and running quickly and start generating revenue. This also means you'll have a faster return on your investment.
ESTABLISHED BRAND RECOGNITION
Another advantage of investing in a profitable food franchise is the established brand recognition. A well-known and respected franchise will have a strong brand image and customer loyalty. This can help attract customers and build a loyal customer base.
TRAINING AND SUPPORT
Many profitable food franchises offer training and support to their franchisees. This can include everything from initial training to ongoing support and marketing assistance. This can be particularly valuable for new franchisees who are just starting out and need guidance and support.
TOP PROFITABLE FOOD FRANCHISES UNDER 15 LAKH
Here are some of the top profitable food franchises under 15 lakh that you may want to consider:
FROZEN BOTTLE
Frozen Bottle is a chain of dessert parlors that specialize in serving frozen desserts, such as ice cream, shakes, and smoothies. The brand was founded in Bangalore, India, in 2017, and has since expanded to multiple locations across India and the United States. The brand's success can be attributed to its unique and innovative approach to frozen desserts, as well as its strong brand image and marketing efforts.
THE GROWING DEMAND FOR FROZEN DESSERTS
Desserts and Milkshake have been a favorite among consumers for decades, and the demand for them continues to grow. Frozen Bottle has recognized this trend and offers a range of options that cater to different dietary preferences and restrictions.
THE UNIQUE SELLING PROPOSITION OF FROZEN BOTTLE
What sets Frozen Bottle apart from its competitors is its unique approach to the products. The brand offers a range of customizable options that allow customers to create their own unique desserts. This not only appeals to customers who are looking for something different but also allows the brand to stand out in a crowded market.
THE POTENTIAL FOR HIGH RETURNS ON INVESTMENT
Investing in a Frozen Bottle franchise can be a smart financial move, as the brand has a proven track record of success. The company has a strong business model and offers multiple revenue streams, which can lead to high returns on investment.
THE STRONG SUPPORT SYSTEM FOR FRANCHISEES
Frozen Bottle provides comprehensive training and support to its franchisees, which includes site selection assistance, store design and layout, and ongoing training and support. The company also has a dedicated team of experts who are available to provide guidance and advice whenever needed.
THE CONVENIENCE OF OPERATING A FROZEN BOTTLE FRANCHISE
Operating a Frozen Bottle franchise is relatively easy and straightforward, as the brand provides all the necessary help and resources to its franchisees. This includes pre-opening support, operational guidance, and ongoing marketing and advertising support.
THE EASY-TO-OPERATE BUSINESS MODEL
Frozen Bottle's business model is designed to be easy to operate, with a streamlined approach to inventory management and staffing. This allows franchisees to focus on providing exceptional customer service and delivering high-quality products.
THE AVAILABILITY OF MULTIPLE REVENUE STREAMS
Frozen Bottle offers multiple revenue streams, which include in-store sales, online ordering, catering services, and third-party delivery partnerships. This allows franchisees to maximize their earnings
Mango macaron Sundae
SUBWAY
Subway is one of the largest sandwich chains in the world and has a proven track record of success. The startup costs for a Subway franchise can range from 10-15 lakh and the franchise fee is 4.5 lakh. The initial investment includes training, equipment, and support.
MOMOS POINT
Momos Point is a popular food franchise that specializes in momos, a type of dumpling that is popular in India and other parts of Asia. The startup costs for a Momos Point franchise can range from 8-12 lakh and the franchise fee is 1.5 lakh. The initial investment includes equipment, training, and ongoing support.
PIZZA HUT
Pizza Hut is a well-known pizza chain that has been in business for over 60 years. The startup costs for a Pizza Hut franchise can range from 8-15 lakh and the franchise fee is 5 lakh. The initial investment includes training, equipment, and support.
CAFE COFFEE DAY
Cafe Coffee Day is a popular coffee chain that has over 1500 outlets across India. The startup costs for a Cafe Coffee Day franchise can range from 10-15 lakh and the franchise fee is 10 lakh. The initial investment includes training, equipment, and support.
FAQS ABOUT PROFITABLE FOOD FRANCHISES UNDER 15 LAKH
1. Is it possible to make a profit from a food franchise under 15 lakh?
Yes, it is possible to make a profit from a food franchise under 15 lakh. However, it depends on several factors such as the location, competition, and the franchisor's support system.
2. Can I get a loan to start a food franchise under 15 lakh?
You can get a loan to start a food franchise under 15 lakh. Many banks and financial institutions offer loans for small businesses and franchises.
3. How much time does it take to break even in a food franchise under 15 lakh?
The time to break even in a food franchise under 15 lakh varies depending on several factors such as the brand, location, and competition. It can take anywhere from six months to two years to break even.
4. Do I need prior experience to start a food franchise under 15 lakh?
You don't need prior experience to start a food franchise under 15 lakh. The franchisor provides training and support to help you run the business successfully.
5. Can I own multiple food franchises under 15 lakh?
Yes, you can own multiple food franchises under 15 lakh. However, it's essential to manage your resources effectively and ensure that you have the time and expertise to run multiple businesses.
6. Do I need prior experience to invest in a profitable food franchise under 15 lakh?
No, many profitable food franchises offer training and support to their franchisees. This can include everything from initial training to ongoing support and marketing assistance. You don't need prior experience to invest in a food franchise, but a background in business or hospitality can be helpful.
7. Can I customize the menu for my profitable food franchise for under 15 lakh?
A: This depends on the franchise. Some profitable food franchises have strict menu guidelines that must be followed, while others allow franchisees to customize their menu to some extent. It's important to research the franchise's menu policy before investing.
8. How can I determine which profitable food franchise under 15 lakh is right for me?
A: There are a few factors to consider when choosing a profitable food franchise under 15 lakh, such as your budget, location, and personal interests. You should also research the franchise's history and success rate, as well as its support and training programs.
9. Is it necessary to have a physical storefront for a profitable food franchise under 15 lakh?
A: It depends on the franchise. Some profitable food franchises require a physical storefront, while others offer mobile or kiosk options. It's important to research the franchise's requirements before investing.
THOUGHTS
Investing in a profitable food franchise under 15 lakh can be a great way to start your own business with a limited budget. With established brand recognition, training and support, and low startup costs, it's a smart choice for many entrepreneurs. Just be sure to do your research and choose a franchise that aligns with your budget, interests, and goals.
So, if you're looking to invest in a profitable food franchise under 15 lakh, consider some of the options we've discussed in this article. With careful planning and hard work, you can build a successful business and achieve your entrepreneurial dreams.
DISCLAIMER- PLEASE NOTE THAT THE INFORMATION REGARDING OTHER BRANDS IN THIS ARTICLE IS BASED ON ONLINE RESEARCH, AND ACTUAL COSTS AND BRAND FEES MAY VARY. IT IS RECOMMENDED TO CROSSCHECK THE INFORMATION BEFORE MAKING ANY DECISIONS