Sugar N Spice Franchise is a great Multi-Cuisine restaurant franchise in India. We will discuss Sugar N Spice Franchise Cost, Profit, and How to get the franchise.
Sugar N Spice Franchise currently has 15+ outlets PAN India. The USP of the franchise is its variety of Cuisines and great taste. You can directly enroll for Sugar N Spice Franchise by filling up the Google Form.
Table of Contents
Sugar N Spice Franchise Cost
Sugar N Spice Franchise Cost ₹11,00,000 Rupees as an initial investment according to the business model. The Franchise Fee is ₹5,00,000 Rupees+GST to ₹12,00,000 Rupees+GST depending upon the model. The minimum area required is 250 Square Feets. Royalty charged will be charged 5% on Sales.
The bifurcation of the Cost is given below-
|Particulars||Amount (Express Counter)||Amount (Mid-Size)|
|Area Requirement||250 – 300 sqft||1500 – 2000 ft|
|Franchise Fee||5,00,000 Rupees||12,00,000 Rupees|
|18% GST on Franchise Fee||90,000 Rupees||1,96,000 Rupees|
|Setup and Kitchen Equipments||3,50,000 Rupees||38,00,000 Rupees|
|Interior Cost||1,00,000 Rupees||7,00,000 Rupees|
|Other Expenditure||60,000 Rupees||1,04,000 Rupees|
|Total Investment||11,00,000 Rupees||60,00,000 Rupees|
- Minimum agreement period would be 15 years from the date of opening
- Raw Material will be provided by the brand
- Trained Chefs will be provided by the brand
Sugar N Spice Franchise Profit
We will analyze Sugar 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 6,00,000 Rupees i.e. 20,000 Rupees per day approximately.
|Gross Sales||6,00,000 Rupees|
|Cost of Material @38%||(2,28,000) Rupees|
|Electricity and Water Supply||(15,000) Rupees|
|Salary of Workers and their Expenses||(85,000) Rupees|
|Royalty @5%||(30,000) Rupees|
|Aggregator Commission and Marketing||(12,000) Rupees|
|Other expenses||(15,000) Rupees|
|Net Profit||1,35,000 Rupees|
We can conclude that the Profit Margin of the Sugar N Spice Franchise is 22.5% for the Sales of 6,00,000 Rupees. The outlet may have less profits in the initial days but Food has 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 28% on Sales or 1,40,000 Rupees as Profit.
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. You can open the outlet nearby colleges, corporates, or any place where young people love to have Food.
How to get Sugar N Spice Franchise?
To get Sugar 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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