Starting a business, especially in the food industry, can be an uphill battle. At the same time, it can be rewarding if the business model pays off.
This is why ‘solopreneurs’, or entrepreneurs who want to blaze a trail on their own, turn to the franchise model to fulfil their dreams of making it in the F&B industry.
With a proven business model and work practices, investing in a successful food franchise can spell success early-on for franchise owners. And in a fast-paced city like Mumbai, it is relatively easy to run a successful food franchise given the built-in customer base.
6 Best Food Franchise Business Opportunities In Mumbai
- Frozen Bottle
- Kathi Junction
- Domino’s Pizza
Here are 6 food franchise business opportunities in Mumbai:
Operating since: 2017
Number of franchise outlets: 100 (approximately)
Space required: 300-400 sq. ft. (approximately)
Investment required: INR 20-30 Lacs (approximately)
Known for its premium thick shakes, Frozen Bottle focuses solely on serving milkshakes and custom-made cakes in jars.
They offer training and support to their franchise outlets and are looking to expand all over the country, including Mumbai, where they are already running several successful franchise outlets. Frozen Bottle is a prime example of taking one or two items and excelling at it by sustaining quality.
Operating since: 1965
Number of franchise outlets: 600+ (approximately)
Space required: 170 – 350 sq. ft. (approximately)
Investment required: INR 35-80 Lacs (approximately)
Subway has an international presence in over 100 countries, and with over 600 franchise owned and operated outlets in India; it is a great business opportunity for any young entrepreneur.
Its USP is the freshly baked bread and a twist on fast-casual food with its healthy options. Subway has a transparent application process and provides thorough guidance to franchise owners at every step of the way.
Operating since: 2009
Number of franchise outlets: 100+ (approximately)
Space required: 250 – 1500 sq. ft. (approximately)
Investment required: INR 7-30 Lacs (approximately)
In a world of burgers and pizza, Kathi Junction has only one mission – to serve everyone delectable and authentic kathi rolls. Navneet Sajwan, the founder, turned his love for food into a business which he opened up for franchising.
Given the low cost, high quality, Kathi Junction was quickly able to go from 4-5 stores to nearly 200 stores in just a decade. Kathi Junction offers its franchisees complete support, right from setting up the business model to offering training support.
Operating since: 1956
Number of franchise outlets: 50+ (approximately)
Space required: 100 – 250 sq. ft. (approximately)
Investment required: INR 10-15 Lacs (approximately)
Giani’s ice cream has made headlines quite often for its 100% vegetarian, delicious ice cream, falooda and kulfi. Focused on offering customers quality, Giani’s has been able to franchise successfully and is looking to expand its territory now in Mumbai as well.
Since the investment required isn’t sizeable, it is an excellent and affordable opportunity for entrepreneurs looking to dip their feet in the food industry. The fact that Giani’s has been in the market for over 50 years means that there is a loyal customer base and tremendous brand awareness; this can serve as an advantage for new outlets and help them launch off to a great start.
KFC (Food franchise )
Operating since: 1952
Number of franchise outlets: 400+ (approximately)
Space required: 600-1000 sq. ft. (approximately)
Investment required: INR 1.5-2 Crore (approximately)
Although KFC is famously known for its fried chicken, it has an extensive meat-free menu as well. KFC has been able to pivot and cater to vegetarians just as they have to the meat-eaters in India, making it a very strong contender for a fast-food franchise business opportunity.
However, you do need to have a considerable amount of capital to be able to get things off the ground. Naturally, with that kind of investment, it is a high-risk, high reward situation, but given the franchising model, the risk is lower than what it would be in a starting a standalone fried chicken restaurant from scratch.
Operating since: 1965
Number of franchise outlets: 1200+ (approximately)
Space required: 250-1000 sq. ft.
Investment required: INR 80 Lacs- 3 Crores (approximately)
One of India’s most recognisable pizza brands, Domino’s Pizza is famous for its wide variety of toppings. They have experimented with their offering and have a more extensive menu than their competitors. Domino’s has a loyal customer base making it an attractive investment proposition. Domino’s has 4 different franchise models on offer in India and over 1200 franchise outlets.
Their famous 30 minutes or free tagline has helped them grow their business tremendously. In India, Jubilant Foodworks has the rights to franchise Domino’s and has done so with remarkable success. You may have to jump through several hoops to secure a franchise spot with Domino’s and invest a higher sum than other names listed, but, if you taste success, it would be all worth it.
The franchise food industry presents an exciting business opportunity, especially in Mumbai. Considering how quickly fast-foot restaurants have become the norm, one can expect the F&B industry to expand and innovate at breakneck speed in the future. This means that brands, big and small, will present lucrative entrepreneurship opportunities and as long as you have the capital to make that happen and the desired skills, it should not be too hard to secure a reputed and profitable franchise.
Remember to always choose a franchise that is aligned with your business goals and beliefs to achieve long-term and sustainable success. At the end of the day, there is no doubt that a proven business and operational model can help companies to reach profitability much more swiftly.
Moreover, with the decreasing costs of investing in a franchise business opportunity in Mumbai, it has become much easier for people from all walks of life to start a food franchise business of their own.
So if you’re mulling over opening a Giani’s, Subway or Kathi Junction franchise outlet in your neighbourhood, get in touch with us by filling the Investor Enquiry Form, and we’ll get back to you.