Burger King has locations all over the world, It is providing burgers at appealing prices. In fact, more than 11 million people visit Burger King on a regular basis all over the world. In Delhi alone, Burger King has over 20 locations providing amazing cheeseburgers. Burger King provides a lucrative business potential. so, Let’s see, how much is burger king franchise cost in India? How you can start? and what is a detail process and eligibility?
We people love burger king. then why don’t we start a burger king franchise.
but the first question comes to mind is
what is the burger king franchise cost in India. Apart from this main question. we have a lot more questions regarding to start a Burger king franchise business in India.
Having fast food is becoming a big trend nowadays. Lots of people go out to one of the many fast-food restaurants available nearby you and have the meal of their choice.
Starting a burger king franchise business in your area will never let down your business.
Whenever you go out to a fast-food restaurant, you order anything like a pizza, a sandwich, a hot dog. Today date, there are more facilities available like, you can order anything at your doorstep.
Any person has access to all these food items from different cities.
Most of the favorable item in youngsters is burgers. It is the most popular fast food item that exists in the world today.
No matter wherever you are in the world, there will be a burger king franchise near you that will be able to satisfy your hunger.
Well, we all know one of the biggest names in the burger business in the world – Burger King. Do you know? the franchise of burger king has 11 million customers entering its fast-food restaurants worldwide.
Burger king serving delicious burgers and provide the highest quality to customers. They have managed to make themselves a global giant in the fast-food industry.
A little more information about the Burger King franchise.
All we know that Burger King is an American fast-food restaurant chain. And it is specialized in selling burgers. Burger King has a worldwide presence and has its headquarters in Miami-Dade County, Florida.
This fast-food chain was started in Florida in the year 1953. Burger king has a wide variety of products. The traditional ‘Whopper’ burger is one of the most popular products available at a Burger King location.
Apart from a large selection of burgers, it also has a great selection of sandwiches, crispy fries, shakes, and ice creams that are popular with everyone. The chain also provides breakfast alternatives.
You see, its first name was Insta-Burger King. But after that in the year 1954, there were some financial difficulties in the business, then the company was bought by two franchisees from Miami named David Edgerton and James McLamore.
After that, The name of the company was changed to Burger King.
Read more: McDonald franchise business opportunity.
Qualification you need to fulfill to get approval burger king franchise.
The Burger King brand wants to expand its business that’s why it is continuously looking for multi-unit operators with partners.
Anyone who has extensive restaurant experience and is committed to providing an excellent guest experience then gets into this franchise business. It is the best option for you
The franchise of burger king in India has a new franchisee approval guideline.
To completion of the Franchise Application, you will have to understand the professional background and personal finances.
Verification of net worth and liquid assets through a CPA opinion letter.
Submission of Business Plan outlining proposed organization structure, operations plan, marketing plan and growth, and acquisition plan for Burger King franchise.
Please note that these guidelines apply to franchisees who are applying for the US market. It may change based on your country of application.
Obviously, having an establishment necessitates a lot of risk, which means you’ll need a lot of cash. Getting a long-term establishment wants you to be a multi-mogul without a doubt. A qualifying competitor’s total assets must be in the range of ten to thirty crores.
How to get burger king franchise in India?
You as a franchisor currently have two different forms of the franchise agreement. There are three different types of franchise ownership Individual (or Owner/Operator) and Entity.
There are precise processes that an individual must complete in order to become the owner of a franchise. Investing in Burger King is the same way.
- The first step in becoming a Burger King franchise owner is to visit the company’s official website.
- When a person visits the website, they must fill out an application form to apply for a Burger King franchise.
- The company’s support team reviews the potential investor’s application.
- If the application is approved, the firm will contact the applicant to continue the process.
To open a Burger King franchise in India, there are a few procedures that must be taken. It’s also important to know how much a Burger King franchise costs in India. But first, you should be aware that when it comes to franchising, the organisation offers three options:
- Individual contracts
- Entity contract
- corporate agreement
Steps you need to ensure
Make sure you’ve got enough capitalisation.
You must have a net worth of more than $325,000 to start a Burger King franchise.
Recognize the financial commitment necessary to create a restaurant franchise.
You’ll need to include in the price of construction and real estate, as well as the costs of equipment and signage, licences and permits, uniforms, and insurance.
Examine your previous experience and skills.
Before seeking to own a Burger King franchise, you should carefully consider your previous business experience.
Examine the market’s availability.
Before starting with the franchising application, you should check the market availability for Burger King franchises to determine whether there are any open markets in your desired area.
Send your application in.
The Burger King franchise team will analyse your application. Upon acceptance of your online application, you will receive an email confirmation receipt, along with the franchise owner’s contact information.
Obtain approval and begin the process of establishing your Burger King franchise.
Once your financial and background checks are completed, you will be approved for a franchise. Only candidates who fulfil all of the franchise owners’ standards will be approved.
- The franchisee must enroll in a training programme run by the corporation to assist people learn about the fast-food industry and business. It teaches them all they need to know about running a burger joint.
- The second condition concerns the restaurant’s location. The firm has compiled a list of all the locations where a person can open a store, which is separated into three categories. Let’s see.
The Burger King franchise business is ranted if it is operated at one of three locations and facility types. So here is the list.
Traditional Burger King Restaurant Facility: It is a self-contained, full-size Burger King restaurant. which is located and operated in a shopping mall.
A traditional Burger King restaurant business does not share any common areas with any other businesses. And they serve the standard menu for Burger King restaurants.
Non-Traditional Burger King Facility: A non-traditional Burger King restaurant means it may be located at a site that includes other businesses, such as retail, food service, gas stations, convenience stores.
Institutional Locations: “Institutional locations” include government buildings and facilities, medical facilities, airports, train and bus stations, sports facilities, factories, corporate campuses, zoos, and educational facilities.
Burger King franchise cost in India.
What is the Burger King franchise cost in India? Let’s dive into this topic. Franchise cost can vary from location-wise. But you will need a lot of investment to start this franchise business. Let’s have a look one by one.
Background Check Fees could be around 19000 rs per person
You have to pay a Franchise Fee of around 3750,000 rs per restaurant (per 20-year term). This can be varied as per your location.
Burger King takes a royalty fee of 4.5% of monthly gross sales.
As an advertising fund, you will have to pay 4.0% of monthly gross sales to the Burger King franchise.
Fees criteria may change based on your country of application.
Burger king franchise cost in Indian rupees is around 20lakh -40lakh. this could be vary by location.
Burger King franchise profit.
How much I can earn from the burger king franchise business in India?
Average sales of burger king restaurants are 20-30 thousand rupees daily. Then monthly turnover can be around 6 lac rupees.
Then you can earn 4-5 lac rupees per month. This amount is excluding your daily expenses.
You can apply for a Franchise at Burger King at http://burgerkingindia.in/contact-us.
Contact them by a website and send a franchise query. The company officials will contact you.
Visit their website, and fill up a simple form to know more about the Burger King franchise.
Training program for burger king franchise.
Before the opening of the Burger King restaurant, you must have to successfully complete the franchisor’s training program.
They will tell you the schedule and timing of the training program. Training will be held in various restaurant locations that have been authorized as training restaurants.
They will give additional training programs for individual owners/operators or managing directors to implement current operations and procedures to facilitate growth.
The franchisor of burger king also makes available sometimes periodic workshops and seminars for managers, which includes management courses and updating operational skills to serve better food quality to customers.
The franchisor of Burger king will provide pre-opening and restaurant opening assistance. They provide ongoing support.
Burger king franchise contact details.
You can contact the Burger King Franchise Team once you are ready to begin or if you have any questions. During my hunt for BK’s contact information on the internet, I came across a few valuable websites and e-mail addresses that may be of use to you; have a look.
An email : BKNAFranchising@rbi.com
Official Website: https://www.burgerking.in/
Customer Care :email@example.com
Official Website: https://www.bk.com/
Address: Burger King India Pvt Ltd.Mittal Commercial,Andheri East,Close Marol Naka,Chimatpada,Mumbai — 400059022 7193 3099