Restaurant Franchise Business has Become One of the Top Franchise Business in 2016
Burger King made a very quick expansion in India, within two years of its launch. This fast food company has expanded its presence to 66 outlets in 9 cities and India master franchisee Everstone Capital has lined up $ million for aggressive expansion over the next few years. The company has started its market and is doing a really good job in terms of the global expansion. The company claims to have all the ingredients in place to scale them up.
Why Burger King?
Burger King has more than 11,000 restaurants globally in more than 60 countries. This impressive growth relies on the success of their franchisees and that is why Burger King's market plan focuses on "restaurant-level economics." Burger King continues to create franchise opportunities around the globe in both new key markets where other Burger King restaurants have already proven themselves.
Every day, more than 11 million guests visit Burger King restaurants around the world. Consumers visit these restaurants are known for serving high-quality, great-tasting, and affordable food. Founded in 1954, Burger King is the second largest fast food hamburger chain in the world. The company tries to provide premium ingredients, signature recipes, and family-friendly dining experiences is what has defined our brand for more than 50 successful years.
Burger King is determined to empower you with first-class knowledge resources and support needed to be a member of the Burger King family. There has never been a better time to become a Burger King franchisee. The company is ready to support their franchising and development plans.
Burger King Franchise
Burger King provides a world class franchise opportunities to all its customers. The company backs every franchisee with more than 58 years of innovation, achievement and a proven business model. There are so many franchise opportunities available and consumers are looking for the best franchise opportunity. Burger King is a renowned brand and it has remained competitive by offering franchise opportunities through multi-unit acquisitions and new restaurant development.
The total cost and initial investment for a Burger King Franchise cost in India is not too high. Burger King earns 4.5 percent royalties on sales as opposed to the more traditional 6%. The franchise fee is $50,000, and requires a total investment of anywhere between $316,100 and $2,660,600. Franchise agreements include an additional royalty fee of 4.5%.
As Burger King rose in popularity, restaurants began to open across the United States. In 1963, Burger King opened its first international restaurant in Puerto Rico. In 1975, drive-thru service began, and by 1977, Burger King had opened 2,000 restaurants on three continents. Today, the Burger King system operates more than 11,300 restaurants in 50 states and 69 countries. Approximately 90 percent of Burger King Restaurants are owned and operated by independent franchisees.
Burger King's Expansion
At present, Burger King has 11 burgers on its Indian menu that don't exist anywhere in the world. Also, despite beef burger being its global best seller, it follows a no beef and no pork policy in India. The company also states that 50 percent of all Burger king sales in India comes from vegetarian products. There is a rising demand for healthy food options and a consumer trend of moving away from unhealthy fast food, restaurant chains are opting for healthier options and Burger King is adapting to this change. The company leads their competitor on the health front. Burger King sold all its older restaurant, apart from a handful in Miami, to its franchisee and even new market strategy, like for India, is franchisee-based.
Written By: Divisha Pandey
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