Launching own business sounds pretty exciting. However, it requires meticulous planning, studying the area of business and undying effort to make a business work along. If anyone has an amount anywhere between 5 lakhs to 10 lakhs for building a business, there are many areas they can explore. One of the tested formulae is to own a franchise which are always available in different sizes and formats. There are plenty of options in the market starting from Education, Healthcare, F&B, Clothing and Fashion, Fast Food or QSR franchise types to choose from. The success of the franchise can depend on a variety of factors but some non-negotiable ones are location, the demand for the product or service that your franchise will serve and the profile of the population.
Also read : https://www.franchiseindia.com › business-opportunities › food-and-beverage
Fast Food Franchise and QSR is the next leap
In recent times, the fast-food business is proving to be the fastest succeeding businesses among many, for simple reasons which include the low level of investment, guidance from people from franchiser leading to faster returns than usual. In metro cities, if you have made your mind to invest with 20 lakhs of the initial budget in a restaurant franchise then lots of options are available. When you have an investment spend of about 5 lakhs to 10 lakhs, it advisable to invest in smaller cities and QSR restaurant format which has the edge of exciting or tested cuisines and a higher rate of success with lower-risk investments is a safe bet. Instead of going after big international brand names, invest your money in up-and-coming home-grown brands. Such brands are becoming increasingly popular these days, especially among youth and working professionals, and offer a quicker rate of return. Here are my top picks of food franchises for you, especially in North India. One such QSR which is slowly but making its presence felt is – Petoo. Run by the team who have extensive experience in food, hospitality, and IT/ITeS. What’s likeable is that they have not gone ahead and done western offering but did fusion kind of food. (not that anything is wrong with that), but they have actually kept Indian food in the centre and built a business around it. It is QSR (quick-service restaurant) and, they are still able to provide Indian cuisine quickly which is known for its slow-cook methods and a long time to serve. Also, the reason for youth to try the burger and pizza joints instead of Indian food is that they get served faster and it is loaded with some modern flavours. So all-in-all, one can say, they have captured this aspect of the fast-food business and put an easy path for potential Franchisee owners something to think about.
Also read : https://www.franchiseindia.com/brands/petoo.20479
Low-risk Investment with Higher returns
There are some noticeable comparisons between other restaurants and Petoo when talking about the initial set up cost. The size required for a 20+seater restaurant is usually 750 sqft but for Petoo it is mere 450 sq ft. Since it’s not a live kitchen but a chef-less model, the kitchen requirement is only 100 sq ft. along with low manpower of 2-3 in the kitchen which is way lesser than the usual needs in a live kitchen, which is 7 people at least.
Their pantry has a light set up, no daily procurement is needed since their stock is manufactured and ready to cook material and not sourced every morning. And most importantly, its single order management system so one can check anything and everything from the comfort of a few taps. So, if you look at it from an investment perspective, where one wishes to start a food franchise below 10 lakhs, Petoo.in could be a starting point to do all of it because – the initial investment is low, returns are higher with minimal risks. Their infrastructure requirement and Kitchen requirement is fairly simple and support for crucial help needed in terms of staff training, system training, etc for entrepreneurs who are just starting off in this field is comprehensible.
Food Franchise IN 