Burger Monk Franchise is one of the good Burger franchise in India. We will discuss Burger Monk Franchise Cost, Profit, and How to Start the franchise.
Burger Monk Franchise currently has 15+ outlets in India. The USP of the franchise is its great Indian touch in burgers. You can directly enroll for the Burger Monk Franchise by filling up the Google Form.
Table of Contents
Burger Monk Franchise Cost
Burger Monk Franchise Cost 15,00,000 Rupees as an Initial Investment. The Franchise Fee is 4,00,000 Rupees +GST. Royalty charged will be 5% on Sales. The minimum area required is 300 Square Feets.
|Franchise Fee||4,00,000 Rupees|
|18% GST on Franchise Fee||72,000 Rupees|
|Kitchen Setup & Equipments||4,50,000 Rupees|
|Interior, Furniture and Branding||4,00,000 Rupees|
|SOFTWARE & POS||90,000 Rupees|
|Advance Raw Material||60,000 Rupees|
|Other Expenditure||38,000 Rupees|
|Total Investment||15,00,000 Rupees|
- The Franchise Agreement will be of 5 Years
- Training will be provided by the franchisor
- Raw material will be provided by the franchisor
- The Return of Investment is 16 Months
Burger Monk Menu
Burger Monk Franchise Profit
We will analyze Burger Monk 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|
|Royalty @5% +GST||(15,000) Rupees|
|Aggregator Commission (Zomato, Swiggy)|
@23% for 50,000 Rupees
|Other expenses||(9,500) Rupees|
|Net Profit||39,000 Rupees|
We can conclude that the Profit Margin of Burger Monk Franchise is 13% 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 Burger Monk Franchise?
To get the Burger Monk 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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