A franchise system is a business model where an established company (franchisor) grants the right to use its brand, products, and services to another individual or entity (franchisee) in exchange for a fee and ongoing royalties.
In the food industry, franchises are a popular way for businesses to expand their reach and increase revenue. A food franchise typically involves a franchisor providing a franchisee with a proven business model, brand name, recipes, training, and ongoing support. The franchisee, in turn, pays an initial franchise fee and ongoing royalties in exchange for the right to use the franchisor’s name and operating system.
In India, food franchises are distributed through a variety of channels. Some franchisors may establish their network of franchisees, while others may use franchise brokers or consultancies to help them identify and recruit potential franchisees.
Here are the top 5 franchises in India that you can buy for under 10 lakh rupees in India:
- Chai Sutta Bar(CSB) – Chai Sutta Bar Private Limited (CSB) is an Indore-based chai and beverage serving company founded in 2016 by Anubhav Dubey and Anand Nayak. CSB was started with the idea of serving the highest-consuming beverage after water in India which is chai (Tea). CSB is serving different types of chai along with many food varieties that are available for everyone and enjoy the vibes and taste. With over 450+ outlets in India, CSB is a great franchise to invest in. The initial investment required to start a Chai Sutta Bar franchise is around 7 to 8 lakh rupees.
- Rollacosta – Rollacosta is a popular food franchise that offers delicious rolls, wraps, and sandwiches at affordable prices. With over 50 outlets in India, Rollacosta is a great franchise to invest in. The initial investment required to start a Rollacosta franchise is around 5-6 lakh rupees.
- Monginis – A popular bakery and confectionery franchise, Monginis offers franchises for an initial investment of around 5-8 lakh. With over 700 stores across India, the brand has a strong presence and reputation. The company provides training and support to franchisees, making it a great option for those without prior experience in the food industry.
- Keventers – Keventers is a famous milkshake brand that has been around since 1925. With over 200 outlets in India, Keventers is a great franchise to invest in if you’re looking to offer delicious milkshakes to customers. The initial investment required to start a Keventers franchise is around 8-10 lakh rupees.
- Giani’s – Giani’s is a popular ice cream chain in India that offers a wide variety of ice creams, shakes, and sundaes. With over 200 outlets in India, Giani’s is a great franchise to invest in if you’re looking to offer cold treats to customers. The initial investment required to start a Giani franchise is around 6-8 lakh rupees.
