Every day a new opportunity comes for the entrepreneurs of India where they can easily start any business with the collaboration of a famous brand. If you have an interest in the fast food chain business and also have the proper investment cost, then the Burger King Franchise is the best opportunity for you.
The Burger King Corporation is an American multinational chain of hamburger fast food restaurants. It was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain. It has 18000 restaurants, operating in more than 100 countries. If you want to be part of Burger King, you must pay the Investment Cost. The minimum investment required to open a Burger King Franchise is INR 5 Cr, but for a greater and better ambience, it can go up to INR 10 Cr.
- Franchise Fees: INR 11L and 37L
- Working Capital: INR 15L to 67L (Approx)
- Business licences & Legal Papers Work Cost: INR 4L to 22L
- Space & Occupancy Cost: INR 67L to 6 Cr.
- Interior Cost Approximately: INR 1-1.5 Cr
- The Billing & Control Desk Cost: INR 26L and 44L
- Development and Construction Costs: INR 18L to 6 Cr
- Equipment Costs: INR 63L and 2 Cr
- Total Investment Cost: INR 5- 10 Crores (depending on the location)
The investment cost given can increase further depending on location and other factors. Burger King franchise investment starts from Rs 20 crores but if you want to have infrastructure then it can go up to Rs 40 crores. The ROI time break is 12-24 Months.
Profit Margin of Burger King Franchise
The best investment is when you can get a high profit. In the Burger King Franchise, you can generate a Profit Margin of 8-10%. If you made large sales lead to INR 6L- 9L monthly, out of which 3L- 4L can be taken out every month as the profit margin. The Profit Margin varies based on factors like location, space and sales. The Company will charge a royalty fee of 4.5% of gross monthly sales.
- Profit Margin- 8-10%
- Royalty Fees- 4.5%
How to Apply for a Burger King Franchise in India?
Burger King is one of the most profitable brands in the world, which provides a high-profit margin. If you want to be part of it, you should know about the Application Process-
- Visit the Official Website of the Burger King Franchise- https://franchising.bk.com/
- A home page will appear, and you will see the complete details about the Franchise and Investment Cost.
- Then, click on the Start Here option, then you will reach the Application page.
- An application page will open, enter your First Name and Last Name.
- Then, enter the Email Address, Phone Number and write your Work Experience in the below column.
- Then, Select the Other category in the Citizens options. After that, you have to select the permanent and living residents.
- Then, click on the submit button. After evaluating your proposal, the team will invite you for an interview.
- Once you have completed your Interview, you can easily open the Franchise store.
These are the simple steps to apply online for Burger King Franchise if you want I hope this details will be beneficial for you you can follow the step by step process for more details you can ask in the comment section