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.
Table of Contents
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 Fee||5,00,000 Rupees|
|18% GST on Franchise Fee||90,000 Rupees|
|Machinery and Kitchen Equipments||8,00,000 Rupees|
|Interior and Furniture Cost||7,50,000 Rupees|
|Civil Work and Setup Cost||3,00,000 Rupees|
|Other Expenditure |
(POS, Marketing, Misc)
|Total Investment||25,00,000 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.
|Gross Sales||6,00,000 Rupees|
|Food Cost @35%||(2,10,000) Rupees|
|Electricity and Water Supply||(15,000) Rupees|
|Salary of Workers and their Expenses||(75,000) Rupees|
|Aggregator Commission (Zomato, Swiggy)||(20,000) Rupees|
|Other expenses||(20,000) Rupees|
|Net Profit||1,50,000 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.
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.
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