Street food has always been an attraction in India. A business of street food like chaat, samosa with a tag of famous brand at proper place can be the most profitable business in low cost. Chaat Lounge is one of the renowned brand of Om Ganeshaya Food and Beverages Private Limited a standard name in F&B industry since 2005 and with 9 profitable brands, Chaat Lounge being most popular among those. Chaat Lounge offers different business models and variety of products with unique ingredients supplied from Mumbai. So may be at airport, stations or mall a franchise business having food court of Chaat Lounge is a profitable business even with less space, low investment and low franchise fee and cost.
Franchise cost, fee, investment of Chaat Lounge in India
Total investment of Chaat Lounge in India is 10 to 20 lakhs per unit depending upon the store size. Franchise fee is 3 lakhs in which they offer proper training, business ideas and unique and secret ingredients on basic cost. Even the chef dont know the secret ingredients, so chaat lounge is a secured business franchise. For Master unit and multi unit farchise or brand fee is 4.5 lakhs. Investment is same 10-20 lakhs per unit.
How much area is required for Chaat Lounge franchise
The area required to establish Chaat Lounge franchise is between 300 sq ft to 3000 sq ft depending upon the choice of business models. Quick Service Take Away, OTC, Restaurant and Dine-In Lounge are the available business models.
Royalty fee, terms and conditions of Chaat Lounge franchise
Like any other franchise, Chaat Lounge too have a royalty fee, but it is a bare minimum of 4 percent on gross sale excluding Government taxes. It is almost negligible compared to other franchise brands. Franchise agreement period is from 7 to nth number of years and it is renewable. Training is provided at site, head office support is optimum and the brand offer full support in running the business into profit.
Is Chaat Lounge franchise, a profitable business?
A branded street food at commercial area is an attraction and with unique. secret ingredients supplied from Mumbai, Chaat Lounge is becoming a secured profitable franchise business. Field support at site and head office support is optimum with the lowest royalty commission reduces the break even period to minimum. The break even or pay back period of capital invested in a unit is about 1 to 2 years as it is a high volume business and can even be less depending on the commercial area.
Best place to open Chaat Lounge franchise business
The Chaat Lounge franchise owner is labelled as a restaurateur, not as illegal street food seller. The best place to open Chaat Lounge is a commercial place especially at airport, station, malls.
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