7 Best Food Franchise Business Opportunities in India
When people think of franchising, food franchises are almost foremost in their minds. Also, a large section of today’s prospective franchise owners start their search for the apt franchise with franchise opportunities in the food segment.
Restaurant business in India is the largest sector after retail and insurance and is 20 times of the film industry, 4.7 times of hotels and 1.5 times of the pharmaceutical sector. The growth in the food sector is fueled by young population and constant emergence of middle class always on its toes for new eating-out adventures. The television food shows and increasing marketing of food businesses through social media have also boosted the interest of the mass in eating out and giving a shot to dishes never tasted before. Finally, the high revenue generated by the food business is known to all. In the present blog, best food franchise brands have been discussed which have cut the mustard in the food industry and have earned the trust and dependence of the wide customer base.
- Subway:
Founded in 1965 by Fred DeLuca, Subway is one of the fastest-growing franchises in the world. The brand broke the stereotype against fast food being an unhealthy option. The brand primarily sells the submarine sandwich popularly known as sub. Besides that, it also sells wraps, salads, paninis, and baked food items such as cookies, doughnuts and muffins. The brand serves a variety of toppings, allowing the customers to choose among them on their sandwiches. The brand enjoys the position of being the largest single-brand restaurant chain, and the largest restaurant operator, in the world. The brand keeps innovating its menu in accordance with the countries. For instance, it innovated its menu in accordance with Indian tastes and vegetarian preferences and also envisions to expand its Indian footprint in the future. It opened its first all-vegetarian outlet on the campus of Lovely Professional University (LPU) in Jalandhar, Punjab and second all-vegetarian outlet in Paldi, Ahmedabad offering Jain food also. The cost of investment for the brand’s franchise begins from 30 lac rupees.
- Domino’s:
Domino’s is one of the best, popular and leading brands who deliver tasty pizzas in almost all over the world. It was started in the year 1960 and has become the leading and largest brand for pizza delivery services. The services like tasty and hygienic pizzas along with 30 minutes home delivery guarantee has resulted in more than 10,000 stores of domino’s pizza all over the world. Owing to the impact of Globalization in food industry as well, pizza has become an integral part of festivities and celebrations among Indians be it birthday treat, anniversary treat, promotion treat, etc. Also, besides pizza, the brand also offers pasta, garlic bread, chicken wings, and many more scrumptious dishes. In order to get a domino’s franchise in India, you need to invest 30 to 40 lakh INR and a minimum space of 1500 Sq. Ft.
- Pizza hut:
Founded in 1958, Pizza hut at present has around 19K restaurants worldwide which makes it the world’s largest pizza chain in terms of number of locations. The brand is famous for its Italian- American cuisine and sells pizza and pasta along with side dishes and desserts. With its exotic flavors, Pizza hut has won the hearts of a lot of pizza lovers across the world. The company has adopted a business model operating through three different restaurant formats. The first and the most common one is family dine-in locations, where people can sit and eat the food. The second is the store-front delivery and carry-out locations where people can order the food and take the same away with them. The third is a hybrid location including all three: the carry-out, dine-in, and delivery options. Some Pizza Hut locations also have a lunch buffet. The minimum space required to buy its franchise is 1000 to 1500 square feet of area and the minimum amount of investment is around 15 lac rupees.
- KFC :
It is known that KFC is one of the biggest names in the food industry and continues to grow bigger and better. It was in June1995, a KFC opened its first store in India which has a two-storey outlet on Brigade Road in Bangalore City and later the company started expanding outside Bangalore in 2004. The large and loyal customer base of the brand is because of its toothsome chicken food items along with the perfect blend of herbs and spices. Though the brand is known for its signature food item that is the seasoned chicken pieces with the Colonel Sander’s recipe which is made up of 11 spices and herbs , it also offers its customers with the wide range of other food items such as sandwiches, wraps, burgers, salads, rice bowls and various types of drinks. In order to take their franchise, you need a minimum floor space of 500 Sq. Ft. and a minimum investment of 40 lac rupees.
- Taco Bell
Founded in 1962, Taco Bell is America’s largest Mexican fast-food chain and has successfully entered Indian markets with outlets across 11 different cities in India. Owing to the similarities between Mexican and Indian flavors, Taco bell its position secured in the Indian food markets. Also the brand envisions to make India its largest international market with its plan to open 600 stores in India over the next decade. It has more than 7.5K restaurants across the globe. Along with its open kitchen design and California inspired contemporary decor, you’ll find a mix of seating areas, music and lighting to make you feel at home. The brand skites about its craveable Mexican- Inspired menu, along with its standards on food safety and product quality.
- Monginis:
Established in 1958, Monginis is an Indian multinational pastry and bakery chain. The brand sells ready-made as well as order-made cakes for catering or carry-out. Individual cake slices are also kept in Monginis stores for dine-in customers. It also has a product line for diabetics, and offers themed products during festivals and also produces more than 30 different gateaux. The company has more than 1000 stores in different cities of India. In 2019, Monginis was ranked 648th among India’s most trusted brands according to the Brand Trust Report 2019. The minimum area required to open its franchise is 250 square feet and the minimum amount required is 10 lac rupees.
- Amul :
Established in 1946, Amul has grown to be one of the biggest business giants of not only India but in the world. There is no bigger name than Amul when it comes to milk and dairy products. The brand requires no introduction and if you consider buying an Amul franchise, you definitely can cut the mustard. If you want to take the franchise of Amul Outlet, Amul Railway Parlor or Amul Koisk, then you have to invest about 2 lakh rupees. Also, you need little to no marketing for people already know about Amul very well.
If you too have a long-standing desire to start up a restaurant, then Franchise Insider is all there for you to guide in your journey to get the most apt and profitable food franchise for you.
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