Boxo Burger Franchise is one of the good Burger franchise in India started in 2019. We will discuss Boxo Burger Franchise Cost, Profit, and How to Start the franchise.
Boxo Burger Franchise currently has 10 outlets in India. The USP of the franchise is its great Indian touch in burgers. You can directly enroll for the Boxo Burger Franchise by filling up the Google Form or on Whatsapp.
Boxo Burger Franchise Cost
Boxo Burger Franchise Cost 18,00,000 Rupees as an Initial Investment. The Franchise Fee is 5,00,000 Rupees +GST. Royalty charged will be 7% on Sales (after 1 Lakh Rupees Sales). The minimum area required is 200 Square Feets.
|Franchise Fee||5,00,000 Rupees|
|18% GST on Franchise Fee||90,000 Rupees|
|Kitchen Setup & Equipments||3,50,000 Rupees|
|Furniture and FIxtures||3,00,000 Rupees|
|Setup Cost||1,10,000 Rupees|
|Advance Raw Material||2,00,000 Rupees|
|Opening Ceremony and Marketing||50,000 Rupees|
|Other Expenditure||1,00,000 Rupees|
|Total Investment||18,00,000 Rupees|
- The Franchise Agreement will be of 5 Years
- Training will be provided by the franchisor
- The Return of Investment is 16 Months
Boxo Burger Menu
Boxo Burger Franchise Profit
We will analyze Boxo Burger Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 3,00,000 Rupees i.e. 10,000 Rupees per day.
|Gross Sales||3,00,000 Rupees|
|Food Cost @40%||(1,20,000) Rupees|
|Electricity and Water Supply||(10,000) Rupees|
|Salary of Workers and their Expenses||(50,000) Rupees|
|Aggregator Commission (Zomato, Swiggy)|
@23% for 50,000 Rupees
|Other expenses||(10,000) Rupees|
|Net Profit||30,000 Rupees|
We can conclude that the Profit Margin of Boxo Burger Franchise is 10% for the Sales of 3,00,000 Rupees. The outlet may have less profits in the initial days but Burgers will gain high popularity eventually and will have great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 4 Lakh Rupees per month and the profit margin will be 30% on Sales or a profit of 1,20,000 Rupees.
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 Burgers.
How to get Boxo Burger Franchise?
To get the Boxo Burger Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will best guide you.
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