aftercolleges.com

How To Get Chinese Wok Franchise: Cost & Profit

Chinese Wok franchise has a great brand name in Chinese franchises in India. We will discuss Chinese Wok Franchise Cost, Profit, Review and How to Start the franchise.

The franchise has 150+ outlets in 20 cities of India. The franchise has the whole deck of Chinese items on its menu.

You can directly enroll for the Chinese Wok Franchise by filling up the Google Form.

Chinese Wok Franchise Cost

Chinese Wok Franchise Cost ₹20,00,000 to ₹30,00,000 Rupees as an initial investment. The Franchise Fee is ₹500,000 Rupees+GST. The minimum area required is 200 Square Feets.

The bifurcation of the cost is given below-

Particulars Amount (Dine-In Model)
Franchise Fee5,00,000 Rupees
18% GST on Franchise Fee 90,000 Rupees
Machinery and Kitchen Equipments8,00,000 Rupees
Interior and Furniture Cost7,50,000 Rupees
Civil Work and Setup Cost3,00,000 Rupees
Other Expenditure
(POS, Marketing, Misc)
60,000 Rupees
Total Investment25,00,000 Rupees
  • The Franchise Agreement will be of 5 Years
  • Raw Materials will be provided by the franchisor
  • Machinery can be purchased locally as well
  • Training will be provided by the franchisor and hiring should be done locally by the franchisee

Chinese Wok Franchise Profit

We will analyze Chinese Wok Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 6,00,000 Rupees i.e. 20,000 Rupees per day.

ParticularsAmount
Gross Sales 6,00,000 Rupees
Food Cost @35%(2,10,000) Rupees
Rent(80,000) Rupees
Electricity and Water Supply(15,000) Rupees
Salary of Workers and their Expenses(75,000) Rupees
Aggregator Commission (Zomato, Swiggy)(20,000) Rupees
Royalty (30,000) Rupees
Other expenses (20,000) Rupees
Net Profit1,50,000 Rupees

We can conclude that the Profit Margin of Chinese Wok Franchise is 25% for the Sales of 3,00,000 Rupees. The outlet may have less profits in the initial days but Chinese food will gain high popularity eventually and will have great demand in the market.

After good Local Marketing and Branding, the Sales will increase to 9 Lakh Rupees per month and the profit margin will be 35% on Sales.

Location plays a very crucial factor in determining the success rate of a franchise along with food quality and service.

The location should have a very high footfall. It should be in the main market of that area. A corner outlet is the most preferable option.

You can open the outlet nearby colleges, corporates, or any place where young people love to have Chinese food.

Snapinsta.app 184045830 912030186313645 8918491313674250606 n 1080

How to get Chinese Wok Franchise?

To get the Chinese Wok Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.

Thanks for reading the blog, If you have any queries regarding the franchise then you can ask me in the comment box or on my
Instagram- https://www.instagram.com/lakshya_kumawat999/

For more such informational franchise blogs, you can check our franchise review list here- https://aftercolleges.com/category/franchise-business

Leave a Comment