The Most Profitable Food Franchise Business: Popular Options and Thriving Choices

Availing a food franchise is one of the most appealing business ideas for aspiring entrepreneurs in the country right now. This industry is booming and how! With the wide acceptance of local and international cuisines among the Indian population, rising brand awareness, an increase in the number of working women, increasing income and purchasing power, and rapid urbanization, the food franchise business remains the most promising of all.

Food, one of the necessities of life has now become a status symbol for the middle class and upper-middle-class people in society. A well-known magazine recently performed a survey on “Top 100 franchise businesses in India“. Out of 100, 21 companies belong to the food and beverages industry. It clearly shows that food franchising is definitely the most dominating franchise business in India.

Gone are the days when people used to think that becoming an entrepreneur was outlandish and inconceivable. A few decades ago, the franchise model of business wasn’t that popular and people were bound to build a firm from scratch.

However, times have changed now! Anyone who wants to avoid the hassle of creating a company but still wants to be his own boss and consider franchising. Starting a franchise business allows you to gather knowledge and wisdom about the domain without taking much risk. In addition to this, from Day 1, you would be representing a reputed and prominent brand. Out of all, Food and Beverage is one of the most preferred segments for budding entrepreneurs and prospective franchisees.

Type of food and beverages franchise business options:

• Becoming a franchisee of a reckoned company that manufactures and supplies a variety of food items, beverages, and similar products

• Owing a franchise of any popular fast food company

• Taking up the franchise of food transportation services and other services in the Food and Beverages sector

Some popular food franchise categories are: 

Vegan food

In recent years there has been an increase in the popularity of veganism in India and worldwide. This is because people have stopped being ignorant about the animal killings and cruelty in meat and other industries that exploit animals. There has been a rise in the number of food manufacturers who are producing plant-based vegan food. Currently, numerous celebrities in India are adopting veganism which has also encouraged many Indians to become vegan. Hence, the growth of this segment is unprecedented in the years to come, and hence, interested people can surely invest in this sector.

Nutraceutical food

The COVID-19 pandemic has encouraged many people to take good care of their health. Due to this, the nutraceutical food segment has become one of the consistently rising segments. Nutraceutical food items are those that are specially formulated to fulfill the needs of essential nutrients of the consumers. Immunity boosters, dietary supplements, etc. are some examples of nutraceutical food items.

Ready To eat and Ready To Cook Food Items

There has been an increase in the number of people who due to their busy and erratic schedules have sometimes little time to cook. This has increased the demand for ready-to-eat and ready-to-cook food items. These types of food items are also a boon for those who are not good at cooking. This market is now growing at a rapid rate and includes firms of different sizes.

Spices

Spices are an important part of the food manufacturing segment. The spice market has been flourishing in India for many years. Our country has an abundance of different kinds of spices and we Indians love spices in our meals. These species provide flavors and colors to food items and are also known for their medicinal qualities. Currently, our spices have a high demand worldwide and they are exported across the globe.

Bakery items

This food processing segment is incomplete without bakery items. These types of items are equally popular and sought after in urban, suburban, and rural areas. Nobody can imagine a party or social gathering without bakery items like cakes, biscuits, etc. In all major festivals and special occasions, such items are very much used as giveaways and gifts.

Detox food

With the increasing health awareness among the people, the demand for detoxing food is also rising. There are several advantages of having detox foods. It aids in weight loss, removes harmful toxins from the body, boosts energy levels, improves digestion, and makes a person feel healthier. It can also reverse various lifestyle diseases and can help recover from various health concerns. This segment is expected to observe gigantic growth soon.

India has always been a hub for various fast-food restaurants for many years. Almost every fast restaurant chain is prospering in our country because of the increase in disposable income, improved standard of living, changing consumer preferences, and the largest youth population. To further satisfy their Indian customers, these chains are changing their menus as per Indian taste. For an aspiring entrepreneur, taking up the franchise of these restaurants is an ideal business model. Even though this kind of business has its fair share of difficulties but it is easier to manage than your own business that has to be built from scratch. We are going to talk about the best fast-food franchises in India.

Domino’s Pizza

There is no denying the fact that Domino’s is of the biggest pizza giants worldwide. It is known for its delectable pizzas that come with a large number of delicious toppings. Based in Ann Arbor, Michigan, USA, this chain was formed in the year 1960. Currently, it has stores in around 83 countries and 5,701 cities in the world.

McDonald’s

McDonald’s is one of the biggest fast-food restaurant chains worldwide. Based in Chicago, McDonald’s was formed in the year 1940. It has approximately 70 million customers that are based across 100 countries. It serves its millions of customers with delicious burgers, cheeseburgers, french fries, and the list goes on. Its large customer base is enough to allure people to become its franchisee.

KFC

KFC stands for Kentucky Fried Chicken. Headquartered in Louisville, Kentucky, USA, KFC was formed in the year 1952. This food chain is well known for its delectable fried chickens making it a preferred place for non-vegetarians in India and around the world. It also offers a variety of side dishes like salads, rice bowls, and drinks.

Pizza Hut

Another major pizza fast food chain, Pizza Hut was formed in the year 1958. Based in Wichita, Kansas, USA, it had 17,639 restaurants worldwide as of 2020. People in India and the world love its pizzas, especially its trademark pan pizza.

Burger King

Formed in 1954, Burger King is one of the biggest burger joints. Based in Miami-Dade County, Florida, USA, it provides a wide range of mouth-watering burgers and other fast-food items. According to a report, Burger King had more than 17500 outlets in almost 100 countries. It has changed its menu as per regional preferences and this has helped this food chain to increase its market reach at a rapid rate.

Wat-A-Burger

Established in 2016, Wat-a-Burger was formed by Farman Beig and Rajat Jaiswal. It offers fusion burgers that are an amalgamation of international and Indian native flavors. Its tasty burgers have become quite famous and Wat-A-Burger has successfully carved a niche for itself in this domain which is already dominated by top players like McDonald’s and Burger King.

Taco Bell

Incepted in 1962, Taco Bell is an Irvine, California, United States-based fast-food restaurant. It has won the hearts of many food lovers across the world. This has been possible because of its tongue-smacking tacos, burritos, quesadillas, nachos, cheesy fries, etc. Associating with Taco Bell as a franchisee will be a great business decision.

Now let’s discuss why should anyone become a franchisee in this domain:

The never-ending demand for these products

The demand for food items, spices, and beverages will never fade and this industry will always flourish.

Rising number of firms in this sector

In the last few years, there has been a consistent rise in the number of food manufacturers suppliers, and fast-food outlets in the country. All of them are looking for an opportunity to increase their market reach in their targeted region and are willing to get associated with trustworthy and efficient people who can become their franchisees.

Less complicated

Many other franchise businesses like pharmaceuticals, sometimes require special qualifications or substantial experience and extensive knowledge of the domain. Unlike all of them, acquiring a franchise of food and beverages is less complicated and doesn’t require any special talent or qualification.

Low cost and high profit

The food and beverages franchise is one of the low-cost business models. The potential entrepreneurs can acquire this franchise at a reasonable price (sometimes even under INR 10 lakhs) which is usually called an initial investment. It is also considered a high-profit-making business as the demand for food and beverages never fades away and is always on the rise.

Interested in owning a fast food franchise? Register on www.getdistributors.com for expert tips and suggestions!