Categories: Franchise Business

How to Get Jain Shikanji Franchise (Cost and Profit)

Jain Shikanji franchise is the best Shikanji Franchise in India. We will discuss Jain Shikanji Franchise Cost, Profit, Review, and How to Start the franchise.

The franchise has 60+ outlets in 10 States of India. The franchise has a whole deck of Snack items on its menu.

You can directly enroll for the Jain Shikanji Franchise by filling up the Google Form.

Jain Shikanji Franchise Cost

Jain Shikanji Franchise Cost ₹16,00,000 – ₹60,00,000 Rupees as an initial investment depending upon the business model. The Franchise Fee is ₹600,000 Rupees+GST for QSR Model and ₹12,00,000 Rupees+GST for Restaurant Model. The minimum area required is 350 Square Feets. The Royalty charged will be 8%+GST on Sales.

The bifurcation of the cost is given below-

Particulars Amount (QSR Model)Amount (Restaurant Model)
Franchise Fee6,00,000 Rupees12,00,000 Rupees
18% GST on Franchise Fee 108,000 Rupees2,16,000 Rupees
Machinery and Kitchen Equipments3,00,000 Rupees10,00,000 Rupees
Interior, Civil Work and Furniture 3,00,000 Rupees30,00,000 Rupees
Raw Material1,00,000 Rupees2,00,000 Rupees
Marketing50,000 Rupees2,00,000 Rupees
Other Expenditure
(POS, Misc)
42,000 Rupees1,84,000 Rupees
Total Investment16,00,000 Rupees60,00,000 Rupees
  • Raw Materials will be provided by the franchisor (Jain Shikanji)
  • Manpower and their Training will be provided by the franchisor
  • Software training on billing and inventory management software will be provided.

Jain Shikanji Franchise Profit

We will analyze the Jain Shikanji Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 5,00,000 Rupees i.e. 20,000 Rupees per day.

ParticularsAmount
Gross Sales 5,00,000 Rupees
Food Cost @35%(1,75,000) Rupees
Rent(80,000) Rupees
Electricity and Water Supply(25,000) Rupees
Salary of Workers and their Expenses(65,000) Rupees
Aggregator Commission (Zomato, Swiggy)(15,000) Rupees
Royalty @8%+ GST(45,000) Rupees
Other expenses (20,000) Rupees
Net Profit75,000 Rupees

We can conclude that the Profit Margin of the Jain Shikanji Franchise is 15% 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 5 Lakh Rupees per month and the profit margin will be 30% 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 Jain Shikanji Franchise?

To get the Jain Shikanji 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

lakshyagupta9399

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