Jugaadi Spot Franchise is one of the best Vadapav franchises in Gujarat. We will discuss Jugaadi Spot Franchise Cost, Profit, and How to Start the franchise.
Jugaadi Spot Franchise currently has 20+ outlets across Gujarat. The USP of the franchise is its great variety and taste of Vadapav.
They trigger your taste buds with varieties of Street foods like Vada Pav(USP), Misal Pav, Onion Pakora, Potato Pakora, Samosa, Chocolate Samosas, etc.
You can directly enroll for the Jugaadi Spot Franchise by filling up the Google Form.
Table of Contents
Jugaadi Spot Franchise Cost
Jugaadi Spot Franchise Cost 11,00,000 Rupees as an Initial Investment. The Franchise Fee is 5,00,000 Rupees+GST. The minimum area required is 150 Square Feets. Royalty charged will be 2.5% on Sales.
The bifurcation of the Cost is given below-
|Franchise Fee||5,00,000 Rupees|
|Machinery and Kitchen Equipments||3,50,000 Rupees|
|Interior, Branding and Furniture||2,00,000 Rupees|
|Other Expenditure||50,000 Rupees|
|Total Investment||11,00,000 Rupees|
- The Franchise Agreement will be of 10 Years
- 15 days of Training will be provided by the franchisor
- Raw Material will be provided by the Brand
- Survey will be done to Choose the Best Location
- Outlet TImmings- 8:00 am to 12:00 am depending upon the location
- Shop Interior & Exterior Work should be done according to the instructions and guidance given by the brand
- The franchisee owner should sign the Agreement with the company before starting his business, and the business will be run according to the only franchisee agreement.
Jugaadi Spot Franchise Profit
We will analyze Jugaadi Spot Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 2,40,000 Rupees i.e. 8,000 Rupees per day.
|Gross Sales||2,40,000 Rupees|
|Food Cost @37.5% + Royalty @2.5%||(96,000) Rupees|
|Electricity and Water Supply||(10,000) Rupees|
|Salary of Workers and their Expenses||(30,000) Rupees|
(Marketing, Maintainance, Misc)
|Net Profit||60,000 Rupees|
We can conclude that the Profit Margin of the Jugaadi Spot Franchise is 25% for the Sales of 2,40,000 Rupees. The outlet may have less profits in the initial days but Vadapav will gain high popularity eventually and will have great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 3 Lakh Rupees per month and the profit margin will be 30% on Sales or a profit of 90,000 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 Vadapav.
Jugaadi Spot Menu
Jugaadi Spot franchise offers 15+ varieties of Vadapavs (Bombay style) and many more dishes on its menu.
How to get Jugaadi Spot Franchise?
To get the Jugaadi Spot 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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