Franchising is a great way to get into the food business with a small investment. Food franchises are extremely popular in India and can be quite profitable. However, choosing the wrong franchise can cost you both time and money. It is essential to select a reliable food franchise that you can trust and that will allow you to succeed. As one of the world’s largest consumer markets, India is a prime location for food producers from other nations. With the fastest-growing economy and middle class, the Indian food sector is booming and is expected to grow at a rate of 10%.
Here are 10 great food franchises you can start with an investment of 20 lakhs or less:
1. Subway
Subway is a popular fast food franchise that has been around for many years. It is a good choice for those looking to invest in a franchise under 2 crore. Subway offers a variety of healthy sandwiches and salads, making it a popular choice among health-conscious consumers. The franchise has a strong brand identity and is well-known for its excellent customer service.
The average turnover of a Subway franchise is approximately $425,000 per year. This means that if you are looking to invest under 2 crore in a food franchise, Subway is a great option. Not only is it a well-known and trusted brand, but it also has a proven track record of success. The customer has to invest 2 crore for the franchise to get the franchise.
2. McDonald’s
McDonald’s is one of the most popular and profitable food franchises in the world. If you are looking for a food franchise to invest in that will provide you with a good return on investment, then McDonald’s is a great option. The company has a proven track record of success and is a well-known brand. McDonald’s franchises can be found all over the world, so you will have plenty of locations to choose from.
The average turnover of McDonald’s in India is Rs. 2.5 crore. So, it would be a great idea to invest in a McDonald’s franchise. With an investment of Rs. 2 crore, you can easily start a McDonald’s franchise in India. The customer has to invest in the range of INR 1-2 crore to get a good ROI.
The customer needs to have a good business plan and be able to invest in the right franchise. The customer should also be aware of the risks involved in franchising.
3. Dunkin’ Donuts
Dunkin’ Donuts is one of the most popular food franchises in the world. It has a wide range of menu items, including breakfast sandwiches and baked goods. The company has a strong presence in the United States, with over 11,000 locations. Dunkin’ Donuts has a franchising model that is very attractive to entrepreneurs. The company requires a minimum investment of $1 million, and it has a proven track record of success. The average turnover of Dunkin’ Donuts is Rs. 2 crore and it is the perfect place to invest if you are looking for a good return on investment. The company has been in the food business for quite some time now and has a good reputation. It is also a very popular franchise and has a good chance of doing well in the future.
4. KFC
KFC is a fast food restaurant chain that specializes in fried chicken. It is the world’s second largest restaurant chain after McDonald’s, with 22,621 locations globally in 136 countries as of December 2019. The company is headquartered in Louisville, Kentucky. KFC was founded by Harland Sanders, who began selling chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression.
With a relatively low investment, you can start a KFC franchise in India. Customer has to invest Rs 2 Crore to get the Food Franchise. The company has a solid presence in the country, with over 400 outlets across India. KFC is a popular choice for many Indians, thanks to its finger-licking good chicken recipes. If you’re looking for a food franchise to invest in, KFC is a great. The average turnover of KFC is Rs. 2 crore.
5. Pizza Hut
Pizza Hut is a popular pizza franchise that can be started for less than 2 crore. The franchise offers a variety of pizzas, as well as other food items such as pasta and wings. Pizza Hut has a strong brand and is a well-known name in the pizza industry. Pizza Hut founded by two brothers in Wichita, Kansas, in 1958, is today the world’s largest pizza chain with more than 15,000 restaurants in over 90 countries.
Franchising is the most profitable and feasible form of business opportunity; one just needs to know how to obtain a franchise. You can easily start a franchise for INR 1 lakh.
Pizza Hut is a great option for those looking to invest under 2 crore in a food franchise. With a long history of success and a strong brand name, Pizza Hut is a safe bet for a profitable franchise.
6. Burger King
Burger King is a popular food franchise that can be started for less than 2 crore. It is a fast food restaurant chain that specializes in burgers, fries, and soft drinks. The company has been in business since 1954 and has grown to be one of the largest fast food chains in the world. Burger King has a strong brand and is a good investment for those looking to start a food franchise.
The average turnover of Burger King in India is Rs 2.5 crore. The company has over 300 restaurants in the country and provides employment to around 9,000 people.
With the right location and management, a Burger King franchise can be a very profitable investment. The customer has to invest 2 crores to get the best out of the franchise. The customer should get the best value for their investment. They should also be able to easily get the franchise.
7. Domino’s Pizza
Domino’s Pizza is one of the most popular pizza franchises and is a great option for anyone looking to invest under 2 crore. The company has a strong brand name and reputation and offers a variety of menu options, making it a good choice for those who want to start their own pizza business. The average turnover of Domino’s Pizza is Rs. 2.5 crore. The franchiser has to invest INR 1 crore to get the franchise. The customer has to keep the following things in mind while starting the franchise. The customer has to make sure that the product is of good quality and has a good demand in the market. The customer should also check the franchisor’s track record and make sure that the company is doing well. The customer should also make sure that the franchisor provides good support to the franchisees.
This is one of the most trusted and loved brands in the pizza industry and is a great option for anyone looking to start a food franchise under 2 crore. The company has a great reputation and is known for its quality products and outstanding customer service.
8. Baskin-Robbins
Baskin-Robbins is one of the world’s largest chains of ice cream specialty shops and is a subsidiary of Dunkin’ Brands. It was founded in 1945 by Burt Baskin and Irv Robbins in Glendale, California. The company has more than 7,500 locations in 50 countries. Baskin-Robbins sells ice cream, ice cream cakes, and frozen beverages.
A Baskin-Robbins franchise can cost anywhere from $100,000 to $2 million, with a total investment of $250,000 to $3.5 million. The company has a franchising fee of $25,000, and a royalty fee of 5%. Franchisees must have a minimum net worth of $1 million and liquid
9. Ben & Jerry’s
Ben & Jerry’s is a world-renowned ice cream brand, and starting a franchise in India would be a highly lucrative investment. The company has a solid reputation and a wide range of flavors that would be sure to appeal to the Indian palate. Additionally, Ben & Jerry’s has a robust marketing and advertising plan to promote their product in India. For these reasons, a Ben & Jerry’s franchise would be a great investment for someone looking to start a business under 2 crore. The average turnover of Ben & Jerry’s in India is Rs 4 crore. The company has been growing at a rate of 30% every year since its inception in India.
10. Dairy Queen
Dairy Queen is a chain of soft serve ice cream and fast-food restaurants owned by International Dairy Queen, Inc., a subsidiary of Berkshire Hathaway. Dairy Queen is a popular destination for families and people of all ages. The company offers a wide variety of menu items, including burgers, fries, chicken, salads, and desserts. Dairy Queen has over 4,500 locations in more than 25 countries. The average turnover of Dairy Queen is reported to be Rs. 2 crore. If you are looking to start a business under 2 crore, then a Dairy Queen franchise could be a great option for you. Not only is the average turnover high, but you can also get started with a relatively low investment.
Conclusion
There are many food franchises that are profitable and feasible to invest in for under 2 crore. All you need to do is research and find the right one for you. With so many options available, you are sure to find a franchise that will be a success.
