Start a pancake franchise with Uncle Peter's Pancake
Written By: Juhi Sharma
What do youngsters and adults in India have in common? It is their love for sweets, and whereas the adults are okay with the limited options available to them, the youth of this country are always looking for something to curb their craving for something that is sweet yet different. Luckily for them there is a perfect solution that does not just taste and smell amazing but also fits their fast lifestyle. If you guessed pancakes then you are absolutely right. And do you know what's even better? There's a brand that brings absolute goodness to you - Uncle Peter’s Pancakes, let's read about the emerging franchise’s background, the market size of India’s pancake industry, some dominant players in the pancake franchise sector and more.
LET’S DO A QUICK RUNDOWN OF INDIA’S FRANCHISE MARKET - A QUICK SEARCH THROUGH THE PANCAKE MIX
Food in today's world is more than just a tool to help us survive, it needs to fit the aesthetics, it needs to be quick, it needs to be flexible enough that small changes can make it go a long way because what we liked yesterday is already so last summer.
Hence the Indian market has made quite a big room for cuisine from all over the world. The country has seen a monolithic increase in pancakes becoming a mainstream place holder in all culinary menus.
A market to look out for, one of the fastest growing franchise in India
- The pancake market is rapidly growing across the country as the demand for healthy and convenient food options increases.
- The under 30 population of the country live a fast and busy life which have made room for easy to make and quick serve food options.
Pancake franchise market is a wave you definitely want to ride on, it is simple, profitable, requires minimal capital and fits every mood of today's generation; but in a crowded market why should you pick Uncle Peter’s Pancakes?
Here’s why Uncle Peter’s Pancake can be the best franchise to invest in 2024:
#1. About Uncle Peter’s Pancakes:
Uncle Peter’s Pancakes offer you an exceptional pancake franchise opportunity. The brand was made by two very ambitious entrepreneurs who love food as much as the next person and the desire to bring the iconic breakfast in Paris feeling to their home country.
What started as an idea in 2018 turned into a cloud kitchen in Indra Nagar, Bengaluru in 2019 by the founders Akashdeep and Sundeep, soon became a loved amber yellow hued delight in over 40+ outlets all over the country.
After establishing their presence in Bangalore, Goa, Ludhiana, Gurgaon, Lucknow, Pondicherry, Kolkata, Hyderabad, Jalandhar, Pune, Chennai, and Raipur, Uncle Peter's Pancakes further found its success after debuting on Shark Tank India and since have signed a master franchise agreement with the very talented and knowledgeable entrepreneurs, Fawaz and Rida for the entire state of Tamil Nadu.
The company sells five thousand plus pancakes on average from every store.
#2. One of the Profitable Franchises in the Country:
- You can get up to 75% gross margins.
- Get your ROI back within 14 months.
- Offers two business models, you can pick what suits you best.
- Runs on auto-pilot, and generates zero waste which increases profitability.
#3. Benefits and Support:
- Proven brand value with 40+ outlets in over seventeen states, Uncle Peter’s pancakes is a well established brand across the country
- UPP offers a unique menu with 100+ pancake recipes, waffles, 40+ cold and hot beverages and 20+ crepes all day breakfast options and much more.
- UPP is trustworthy and credible with a 5% year on year growth rate.
- High in demand and easy to make menu, each SOP comes with a step by step guide on how to build the recipe.
- Uncle Peter’s Pancakes will help you with getting all the necessary government documents.
- Chef-less kitchen so you are not bound to a rigid work life, it helps in maintaining a healthy work-life balance, without compromising the profitability of the business.
- Uncle Peter’s Pancakes have an effective and efficient franchise training program, available in online and offline models for both you and the staff providing detailed instructions and help on running the firm.
- Stuck somewhere? Uncle Peter’s pancakes have a 24x7x365 dedicated helpline, to help you with every problem one can incur.
- From raw material to recipes, marketing to hiring you will have 100% guidance.
- Uncle Peter’s Pancakes offer 100% transparency with anyone who wants to apply for their franchise. No question is offlimit.
- Uncle Peter’s Pancakes offer monthly analysis of sales, profits and expenses to help you further build your profitability, the business has technology enabled inventory management systems and POS which is provided to all its franchises.
- Uncle Peter’s Pancakes will help tie you up with local and online stores to provide you raw material. There is full support from both company supplies as well as local procurement.
Now that we have an idea of what Uncle Peter’s Pancakes offer, let us dive into how you can get your own Uncle Peter's Pancakes franchise.
Do your research:
Find out and understand the demand of pancakes in your chosen locality before investing. It is crucial to do extensive research about the competition, foot traffic, and client demographics before making any decision.
it is time to visit the website and apply or you can submit a franchise request, once that is done you will receive all the necessary information about Uncle Peter's Pancakes, from franchise requirements, finances, and applications. Uncle Peter’s Pancakes team will further assist you to understand their requirements and help you in figuring out if this collaboration will be a good fit for both.
Franchise Agreement:
Once the conversational part is done with Uncle Peter’s Pancakes Team will provide a franchise disclosure paper explaining the business strategy, fees. Though it is always a good idea to check this with a lawyer to understand your obligations.
Funding:
Thereafter comes the funding, there are some upfront expenses associated with opening a pancake franchise, such as franchise fees, equipment, decor, and working capital, but do not worry, Uncle Peter's Pancakes will guide you every step of the way.
Uncle Peter's Pancakes will inform you of their range and you must arrange for the capital funds before moving forward. To finance your franchise, you can look into alternatives such as personal savings, bank loans, or partnerships.
Franchise success depends on location. Location should match the clientele who like the items and flavour..
Set Up Your Retail Outlet:
After signing the lease, you'll start branding and designing your store to fit the standards of Uncle Peter's Pancakes. The franchise will provide you with a toolkit for ideas as to how you can make the decor more attractive and appealing to its customers.
Register for Training: Congratulations! You are almost done. Uncle Peter's Pancakes will help you with the hiring of the staff and then help train you and the staff, both online and offline.
After the training Uncle Peter’s Pancakes will help you set up your account on swiggy and zomato, and social media as well without any additional cost.
COSTING:
Uncle Peter’s Pancakes has two business models:
QSR
- Space Required: 80-400 Sqft
- Franchise Fees: 6 Lakhs
- ROI: 10-12 Months
- Royalty: 5% On Net Sales
Cafe/Lounge
- Space Required: Min 800 Sqft
- Franchise Fees: 6 Lakhs
- ROI: 14-20 Months
- Royalty: 5% On Net Sales
PROFITABILITY:
Depending on your area geographics and sales, you should see a definitive franchise profit margin of up to 75% in ten to twenty months, since the material cost is not high and there is minimal waste and expenses.
MINIMAL COMPETITION:
Since the pancake franchise business is still an emerging segment, there is minimal competition and plenty of room to grow, there can never be enough pancakes right?
99 Pancakes Franchise: The only other franchise business right now in the pancake franchise business is 99 pancakes, which started in 2017, the company has 40+ outlets across 10 cities.
CONCLUSION:
Uncle Peter’s Pancakes is a fast growing and profitable pancake franchise in India. With the fast growing breakfast franchise market in the country, and the only other known in the field being 99 pancakes, it is a safe and profitable investment.
The company provides excellent support and guidance not just during the initial phase of the collaboration but after as well. It is a market that has a lot of scope and very few players. The recipes are explained to the very detail and the franchise team will always be there to answer and help you through any and all hiccups you might face while running the business. It is scalable, easy to build, and fits extremely well with the changing taste of the youth.
So flip on to the pancake sail with Uncle Peter’s Pancakes.
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