Burger King is a privately owned American fast food chain.
The company has 11 million customers worldwide and has restaurants in more than
75 countries. Founded in Florida in 1953. After McDonald's, Florida-based
Burger King is the largest burger chain in the United States. In this article
we have discussed about How to open a Burger King franchise in India?
The range of products is available:
Not only does it offer imaginative burgers, it also provides
the highest quality customer service and support. This American fast-food chain
has managed to gain popularity in the global food industry and has a large
customer base in various parts of the world. One of the most admired meals
available at Burger King is their classic "Whopper" burger. Apart
from a wide variety of burgers, the restaurant also offers a variety of
sandwiches, crispy fries, smoothies and ice cream that everyone will love. The
chain also offers breakfast options.
How to get a Burger King franchise in India?
Burger King has more than 200 outlets in the country. It is
not only popular in metropolitan cities like Delhi, Mumbai and Bangalore, but
also in cities like Chandigarh, Patiala and Jaipur. There are many benefits
associated with opening a Burger King place. Fast food chains help franchise
owners with any questions or concerns. There are several steps to follow to
open a Burger King franchise in India. You also need to know the prices of the
Burger King franchise in India. But first, you need to know that the company
offers three options when it comes to franchising:
- Individual agreement
- Entity Agreement
- Commercial agreement
How to apply for a Burger King franchise in India?
- To become the owner of any
franchise, there are specific steps that an individual must follow. The same
goes for investing in Burger King.
- The first step to becoming a
Burger King Franchise owner is to click on the company's official website.
- After opening the website, the
person must submit an application form to apply for a Burger King Outlet
franchise. Applications from potential investors are reviewed by company
support staff.
- If the application is accepted,
the person is contacted by the company for follow-up. Requirements for the
Burger King franchise.
- Franchisors must sign up for
training programs conducted by the company itself to help people learn about
the fast food business and industry.
- Help people fully understand how
to run a burger chain. The next requirement concerns the location of the
restaurant. The company has created a list where one can open a shop and this
information is divided into three categories.
- The first category includes
institutional locations such as bus stations, airports, train stations, subway
stations, sports halls, government building areas, etc.
- The second category includes
commercial areas such as shopping centers. The third category includes
unconventional areas such as gas stations, grocery stores, etc. Another
requirement is that the franchisee may only use the store for the purpose of
running a Burger King restaurant. Restaurants must be open during the minimum hours
specified in the franchise agreement.
Burger King Franchise fees in India.
Burger King Franchise costs in India:
- The Burger King franchise costs
about $3,398,600 in the United States. Therefore, the amount of money one has
to invest to become a Burger King Franchise Owner in India is more than 20
crore. Beyond that, the individual has to pay a royalty fee determined by the
company. Burger King is definitely one of the more expensive franchises to own.
Now you know that getting this franchise can be lucrative but expensive.
- However, rest assured that you
will get maximum support from Burger King Franchise owners. Because this food
chain has brand value, you are less likely to lose. Burger King franchise
Continuing costs and other expenses.
Current charges for the Burger King franchise and other charges:
Once you have assessed the total cost of setting up a Burger
King franchise in India, you can start running your business. But you should be
aware of some ongoing expenses such as:
- Royalties Affiliates must pay 4.5% of gross monthly sales
to the company as royalties.
- Advertising costs Franchisors have to spend about 4% of
total gross sales to advertise in their Burger King restaurant/store to let
people in certain places know they exist.
- Building improvement and maintenance. This is an optional
rate. You can personally choose not to pay this fee. But while we're
calculating the cost of a Burger King franchise in India, it's worth signing
up. Building repairs and maintenance will cost between $500 and $700 (although
costs may vary slightly by location).
- Tax if you open a small franchise, you may not have to
pay taxes. However, for a large franchise like Burger King, you have to pay
taxes to the government. Tax rates vary from place to place. On average, Burger
King Franchisees have to pay 18% tax to the Indian government.
- Training when you open a Burger King restaurant, you need
to recruit new staff. Because this franchise itself is such a great brand,
there are strict quality guidelines that every owner anywhere in the world must
follow. To ensure compliance with quality standards, the company offers quality
training to staff members. This training program costs approximately $2500.
Before opening a shop, this training program must be completed. Typically in
India, training programs take place at the Burger King Franchise headquarters
in Mumbai.
Burger King Franchise profit margin:
There are no fixed numbers or statistics to underline the
profitability of Burger King Outlets in India. The franchise is growing very
fast and gaining popularity all over the country Sales Amount.
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