Salt N Spice Franchise is one of the good food franchises in India. We will discuss Salt N Spice Franchise Cost, Profit, and How to Start the franchise.
Salt N Spice Franchise currently has 40+ outlets in India. You can directly enroll for the Salt N Spice Franchise by filling up the Google Form.
Salt N Spice Franchise Cost
Salt N Spice Franchise Cost 12,00,000 Rupees as an Initial Investment. The Franchise Fee is 4,50,000 Rupees +GST. Royalty charged will be 5% on Sales. The minimum area required is 300 Square Feets.
|Franchise Fee||4,50,000 Rupees|
|18% GST on Franchise Fee||81,000 Rupees|
|Kitchen Setup & Equipments||4,00,000 Rupees|
|Interior, Furniture and Branding||2,50,000 Rupees|
|Advance Raw Material||60,000 Rupees|
|Marketing and Licensing||30,000 Rupees|
|Other Expenditure||29,000 Rupees|
|Total Investment||12,00,000 Rupees|
- The Franchise Agreement will be of 5 Years
- Training will be provided by the franchisor
- Raw material will be provided by the franchisor
- The Return of Investment is 20 Months
Salt N Spice Franchise Profit
We will analyze Salt N Spice 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.
|Gross Sales||3,00,000 Rupees|
|Food Cost @40%||(1,20,000) Rupees|
|Electricity and Water Supply||(10,000) Rupees|
|Salary of Workers and their Expenses||(50,000) Rupees|
|Royalty @5% +GST||(15,000) Rupees|
|Aggregator Commission (Zomato, Swiggy)|
@23% for 50,000 Rupees
|Other expenses||(9,500) Rupees|
|Net Profit||39,000 Rupees|
We can conclude that the Profit Margin of the Salt N Spice Franchise is 13% for the Sales of 3,00,000 Rupees. The outlet may have less profits in the initial days but fast 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 4 Lakh Rupees per month and the profit margin will be 30% on Sales or a profit of 1,20,000 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 fast food.
How to get Salt N Spice Franchise?
To get the Salt N Spice Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will best guide you.
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