Nagpal’s Chole Bhature Franchise is the famous Chole Bhature brand in Delhi. We will discuss Nagpal’s Chole Bhature Franchise Cost, Profit, and How to get the franchise.
Nagpal’s Chole Bhature Franchise currently has 15+ outlets, its Chole Bhature are known for its great and unique taste.
Table of Contents
Nagpal’s Chole Bhature Franchise Cost
Nagpal’s Chole Bhature Franchise Cost ₹10,00,000 Rupees as an initial investment. The Franchise Fee is ₹5,50,000 Rupees+GST. The minimum area required is 200 Square Feets. The Royalty charged will be 5% on Sales (after 60 days of the opening).
The Bifurcation of the Franchise Price (Cost) is given below-
|Particulars||Amount (Delhi)||Amount (Outside Delhi)|
|Franchise Fee||5,50,000 Rupees||7,00,000 Rupees|
|18% GST on Franchise Fee||99,000 Rupees||1,26,000 Rupees|
|Machinery and Kitchen Equipments||1,00,000 Rupees||1,00,000 Rupees|
|Interior, Branding and Furniture||1,50,000 Rupees||1,50,000 Rupees|
|Advance Raw Material||50,000 Rupees||60,000 Rupees|
|Other Expenditure||51,000 Rupees||64,000 Rupees|
|Total Investment||10,00,000 Rupees||12,00,000 Rupees|
- The Agreement will be for 5 years
- 2-3 staff will be required to run the operations
- The majority of the food products & packaging material is supplied by the company at your doorstep ensuring standardization of the products
- Workers will be provided to the franchise by the brand
Nagpal’s Chole Bhature Franchise Profit
We will analyze Nagpal’s Chole Bhature 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.
We can conclude that the Net Profit of Nagpal’s Chole Bhature Franchise is 10% for the Sales of 3,00,000 Rupees. The outlet may suffer less profits in the initial days but Chole Bhature 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 27% on Sales or a profit of 1,08,000 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 Chole Bhature.
How to get Nagpal’s Chole Bhature Franchise?
To get the Nagpal’s Chole Bhature 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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