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Analysis of street food franchise sector in India

Analysis of street food franchise sector in India

Category: Food Franchise

In today’s fast-changing environment, one industry that has shown incredible growth is the food industry. In the recent past, Indian marketplace has attracted both national and international brands and many of them have gained popularity owing fantastic services, authentic ambience and genuine Indian street food. People want food free from chemical-based cuisines; moreover they don’t compromise on taste. According to current market reports, the Indian foodservice market can be segregated on the basis of food consumption in the period 2015-18  Street food – 50 % approx. Fast food – 30 % approx. Fashionable restaurant – 10 % approx. Miscellaneous – 10% approx. In India, you can eat panipuri (puchka) at a minimum INR 10. For example roadside stall owner offer 6 to 7 panipuri at Rs. 10 and still they are earning around INR 500 to 1000 a day. In street food business profit margin is high as compared to rest of foodservice segments. What attracts investors in India? Cheap manpower: When it comes to cheap manpower, India is the only nation. People are ready to work at low wage rate hence companies can minimize cost on employee salary. Governmental support: Indian government offer 100% foreign direct investment imposed no strict laws on establishment of food franchise business.Huge consumer market:Indian population is burgeoning; it is around 1.2 billion at present. India is one of the biggest consumer markets in the world appeal to investors from all over the world. Profitable opportunities: Global food industry is growing rapidly; meanwhile Indian food industry has drive effective traffic over past few years. There will be more money-making opportunities in the coming future. The Chaat Puchka street food franchise model Appetizing, competitively-priced street food available in different flavors that never offered before by anyone. Serving large customer base. ROI potential – our company owned store generate around 5000 – 6000 in tier 3 city, capital to own Chaat Puchka store ranges from 6 to 8 lakhs. Our strong team is always there to support franchisees. Turn-key design and menu. Tailored marketing plan and store auditing. Consistent improvement of menu to increase sales and marginality. We are currently seeking multi-unit as well as single unit franchisees across the Indian marketplace. Rolling-out your food franchise business career with Chaat Puchka. We offer low investment franchise opportunity so don’t waste time start today.

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