Want To Own High-Profit Business? Purchase a Fast-Food Restaurant Franchise!

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On Aug 26, 2019
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Food franchise business in India has always created an interest among many entrepreneurs. Many individuals or organisations are on a lookout to invest in the best food franchise in India that can provide long term profitability. There are many food business opportunities, available all across India like multi-cuisine restaurants franchises, single menu restaurants franchises, and most importantly, fast food restaurants franchises. A rise in the popularity of fast-food restaurants in the country has prompted many entrepreneurs to become franchisees of fast-food restaurants.

Reasons for becoming a franchisee instead of starting a new business:

  • Low level of investment:

The cost of starting something new will always be greater than the cost of becoming a part of a well established and reckoned business. To become a franchisee you just have to make an initial investment of a small amount, but setting up your own business requires a large amount of investment in developing a menu, advertising, and marketing.

  • High brand recognition:

As your franchiser has already established brand value. Your only job would be to expand the firm's reach in your respective area of operation and earn your payment. You would not have to work very hard on promotions and advertising.

Read Also : Why should you buy a franchise instead of starting your own business?

There are different types of franchise business model:

  • Master Franchising:

In this, the master franchiser or owner of the restaurant gives control of the franchising activities to you in a specific territory. Then you become a master franchisee and take the role of the franchiser, within a specified region.

  • Single-Unit Franchising:

One of the famous franchising types in India, it is also known as direct franchising. In this, you become ' owner-operators' which means even though you are an owner, you still have to work as a manager or primary operator for your restaurant.

  • Multi-Unit Franchising:

In multi-unit franchising, a franchisee buys more than one franchise from a franchiser. In this, you become the owner of multiple franchises and take the responsibility to grow and develop them.

  • Company-Owned Franchising:

In this model, a fast-food brand forms its own representative office in any country and helps a franchisee in the task of setting up of business. This representative office will have a team which will work closely with you and will also be fully responsible for enhancing the brand image and consumers’ connection with the brand.

Let us discuss the way to acquire a fast-food restaurant franchise:

Before jumping into the partnership with a franchiser, first analyse how much amount you want to invest, what is the return on investment you are anticipating, and also, the time that you’ll require to break even.

You need to find a perfect franchise match, for this, either you directly contact a fast-food restaurant brand or find about them on different third-party websites. It would be wise that you contact those restaurant owners who are already in the of a fast-food Restaurants franchise.

A firm, a person or an entity must go through all the paperwork and negotiation, before becoming a franchisee. It is better to have a lawyer on board to look after the legal work so that you can concentrate on other aspects of a business.

Want to own a fast-food restaurant franchise in Delhi? Getdistributor.com can help you!

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