Figaro’s Pizza Franchise Franchise is a good Pizza Franchise in India. We will discuss Figaro’s Pizza Franchise Franchise Cost, Profit, and How to Start the franchise.
Table of Contents
Figaro’s Pizza Franchise Cost
Figaro’s Pizza Franchise cost 30,00,000 Rupees as an Initial Investment. The Franchise Fee charged by the brand is 8,00,000 Rupees. The minimum area required is 250 Square Feet depending upon the Franchise Model. Royalty charged will be 6% on Sales.
The Bifurcation of the Franchise Price (Cost) is given below-
|Particulars||Amount (Dine-In Model)|
|Franchise Fee||8,00,000 Rupees|
|Kitchen equipments and Setup||8,00,000 Rupees|
|Interior, Civil Work and Furniture||12,00,000 Rupees|
|Advance Raw Material||70,000 Rupees|
|Other Expenditure||1,30,000 Rupees|
|Total Investment||30,00,000 Rupees|
- The Agreement will be of 10 Years
- The brand will provide raw Materials
- Training chefs will be provided by the brand
- Advertisement and Marketing Support
Figaro’s Pizza Franchise Profit
We will analyze Figaro’s Pizza Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 4,00,000 Rupees i.e. 13,333 Rupees per day.
|Gross Sales||4,00,000 Rupees|
|Cost of Material @35%||(1,40,000) Rupees|
|Electricity and Water Supply||(15,000) Rupees|
|Salary of Workers and their Expenses||(70,000) Rupees|
|Marketing and Aggregator Commission||(9,000) Rupees|
|Royalty @6%||(24,000) Rupees|
|Other Expenses||(10,000) Rupees|
We can conclude that the Profit Margin of Figaro’s Pizza Franchise is 18% for Sales of 3,00,000 Rupees. The outlet may suffer losses in the initial days but Pizza will gain popularity eventually and will have great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 6 Lakh Rupees per month and the profit margin will be 28% on Sales or a profit of 1,68,000 Rupees per month.
Location is crucial in determining a franchise’s success rate 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 Pizza.
How to get Figaro’s Pizza Franchise?
To get the Figaro’s Pizza 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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