Written By: Yukta Palekar

Surat, a city in Gujarat, India, is known for its diamond-cutting and polishing industry and is the administrative capital of the Surat district. It is known for its food and beverage franchise opportunities, offering long-term growth and profitability. So if you have been waiting to start a food franchise in Surat or Gujarat, we have collated for you some of the best food franchises to start in Surat in 2024.

Some of the major options include food franchises, jewellery franchises, ice-cream franchises, logistics/courier franchises, and playschool & preschool franchises.

Investors looking to start a new business in Surat can choose from jewellery franchises, which offer long-term growth and profitability, or food and beverage franchises that focus on food and beverage.

The initial investment for these business opportunities can range from Rs. 1 lakh to Rs. 5 crore or more, depending on the scale and services of the business operations. The Franchise Bazar portal lists over 3000+ opportunities for individuals to explore.

Top 10 Food Franchises To Start in Surat 2024

In 2024, the top 10 food franchises in Surat are listed on the portal. These franchises offer a variety of delicious food options, making them an attractive option for those looking to spend a fun evening with friends.

Kailash Parbat

KAILASH PARBAT, one of the oldest Multi-Cuisine Restaurants, started as a roadside halwai in the 1940s. It has since become the world's most popular Indian eatery with 20-40 franchise outlets. The Mulchandani brothers started their business in Karachi, Pakistan, but moved to India in 1952.

KAILASH PARBAT has gained immense popularity with its incredible ambience and service, catering to all age groups. The brand has become a formidable brand in the restaurant industry, satisfying cravings for North and South Indian Chinese cuisine. The investment range is between Rs. 1 crore and 2 crore.

Pizza Hut

Pizza Hut, an American fast-food franchise founded by Dan and Frank Carney in Wichita, Kansas, has 18,703 global outlets.

To invest INR 15-30 lakhs in a profitable franchise in India, applicants can apply for an unsecured business loan with FlexiLoans, which can be used to cover funding for successful franchise businesses.

Chicago Pizza

Chicago Pizza, the largest and only pizza takeaway brand in India, is seeking expansion with 100+ outlets across the country. The brand is known for its unique single-slice pizzas and is seeking young, innovative entrepreneurs to join its growing fanbase.

Chicago Pizza is a growing reputed brand with 100+ outlets, offering a lifetime opportunity with great returns on investment. The franchise opportunities are fresh and exciting, and the investment range is between Rs. 10Lakhs - 15Lakhs. The company is also honoured with the Best Pizza Award by Hindustan Times. The franchisees will receive brand support and assistance, making it an exciting opportunity for those looking to expand their pizza business in India.

Haldiram

Haldiram, a renowned Indian brand known for its trademark snacks, Haldiram's Bhujia and Bakarwadi, is a household name. With over 80 stores in 80 countries, Haldiram's is a top choice for namkeen and sweets.

The investment cost for a store varies, with a total of INR 30-35 lakhs for namkeen and sweet stores and INR 1-4 crores for fast food restaurants or casual dining.

Moti Mahal

Moti Mahal, a restaurant franchise in India, is known for its origins in Tandoori cuisine, which has evolved from artisanal cooking to modern kitchen art. The restaurant has revolutionized palates since 1920 and is considered one of the best prospects for entrepreneurs exploring restaurant franchise opportunities in India.

The Moti Mahal is one of the world's largest restaurant chains, one of the most recognized brands worldwide, and offers excellent support. Entrepreneurs can invest in the franchise due to its high ROI and high growth predicted in the restaurant industry.

The investment range is between 30 lakhs and 40 lakhs.

Wow! Momo

Momo, launched in 2008, offers affordable dumplings at over 1120 profitable outlets. With guaranteed bestsellers across locations, Momo is a popular food chain franchise that requires an investment of INR 1-8 lakhs to become a successful business.

Parampara Flavours Of India

Parampara Flavours of India, established in 2020 by Hitesh Bang, aims to make fine dining accessible to Indians without straining their budget. The restaurant franchise combines traditional diversity with contemporary elements, offering a blend of Indian Rajwada-style seating and conventional tables.

The menu offers a wide range of cuisines, including Rajasthani, South Indian, North Indian, Chinese, Continental, and Italian, served in thalis, buffets, and ala carte. The investment range is between Rs. 1 crore and 2 crore.

The restaurant franchise is a fine dining restaurant segment in India.

Vesu - Coffee King

This brightly coloured vegetarian cafe has wall art and green plants hanging from the ceiling. The unique, youthful atmosphere is excellent for a fun night out or lunch with friends. The noodles, fries, lemonades, and sizzlers provided here are delicious.

Biggies Burgers

Biggies Burgers, founded in November 2011, is a QSR revolution in India that aims to revolutionize fast-food culture by offering authentic burgers. The brand, founded by Biraja Prasad Rout, is known for its commitment to quality ingredients, signature recipes, and affordable prices.

The company has been a pioneer of grilled burgers and has created a community of food lovers worldwide. Biggies Burgers is one of the few brands that allows partners to leave day-to-day operations and enjoy themselves.

The franchise model allows partners to leave the day-to-day operations of the brand and enjoy themselves. The minimum area required for a cafe is 700 sqft, and the total investment is between INR 22-30 lacs.

The franchise fee is INR 6 lacs, and the average payback is 20-30 months. The franchise can also convert existing cafes to Biggies, with a minimum area requirement of 500 sqft.

Biggies Burgers is the oldest operational burger brand in India with a national presence, organic brand presence, strong digital footprint, strong SOP, robust IT systems, and an easy flow of sales. The investment range is between INR 20lakhs and 30lakhs.

Burger Ho'Chai

This vegetarian franchise delivers one of the greatest Burgers with handcrafted unique sauces and fixings. They provide a selection of great fast meals with distinct flavour options. One of this restaurant's greatest sellers is the peri peri paneer blazer burger.

Key Considerations When Choosing a Food Franchise in Surat, India for 2024

Set Your Budget and Criteria:

• Determine your budget and criteria for the franchise.
• Define your investment limits and preferences.

Market Research:

• Conduct extensive market research on product demand in Surat.
• Identify your target audience and their preferences.
• Compare various Food Franchise Opportunities available in the area.

Business Model and Profitability:

• Analyse the franchisor's business model and profitability potential.
• Evaluate interest rates and financial terms offered by the franchisor.

Assess Competition:

• Gather information on existing competitors in the area.
• Understand how your chosen franchise can stand out in the market.

Financial Assessment:

• Calculate your initial investment, fees, and projected revenues.
• Perform cash flow forecasting to ensure financial sustainability.
• Check MSME loan eligibility and explore funding options if needed.

Legal Compliance:

• Review the franchise agreement and terms and conditions.
• Consult with a tax expert to understand tax implications and ensure compliance with Indian tax laws.

Franchisor Support:

• Look for franchisors offering comprehensive support throughout the business journey.
• Consider support in site selection, training, marketing, and ongoing operations.

Growth Prospects:

• Assess the growth potential of the chosen food franchise.
• Prioritize franchises that are market-recognized, innovative, competitive, and tech-savvy.

you can make an informed decision when selecting a food franchise in Surat, India for the year 2024 and increase your chances of a successful investment.

Benefits of Investing in a QSR Food Franchise

Rising Food Industry Demand:

• QSR sector experiences high demand for quick and convenient dining.
• Satisfies the need for fast and delicious meal options.

Low-Risk Investment with Support:

• Franchise investment offers low-risk entry.
• Franchisors provide essential support, minimizing expansion costs.

Proven Business Model for ROI:

• Franchise opportunities bring a proven business model.
• Ensures a path to a higher return on investment.

Leveraging Strong Brand:

• Established brands attract and retain customers.
• A solid reputation leads to a loyal customer base and resilience in economic fluctuations.

Entrepreneurial Autonomy:

• Food franchise ownership allows entrepreneurial freedom.
• Control over location, menu, decor, and staff while benefiting from franchisor support.

Mitigating Risks with Careful Planning:

• Thoughtful planning and execution reduce associated risks.
• Choosing reputable Indian franchise opportunities is vital for success.

Investing in a QSR food franchise offers a promising entry point into the thriving food industry, combining convenience and profitability for entrepreneurs.

FAQs

Q.1. How much would I make per month as a franchisee owner?

The monthly income of a food franchisee owner would normally vary between INR 35,000 and INR 40,000. A franchisee owner's annual salary is around INR 4.9 lakhs.

Q.2. What other fees are associated with a franchise that I should be aware of?

When studying the franchise agreement, keep an eye out for expenditures such as royalties, franchise, advertising, and marketing expenses, renewal, equipment, inventory, legal, training, and other miscellaneous fees.

Q.3. What are some of the downsides of having a franchise?

Due to the ever-increasing demand in this industry, owning a food franchise is advantageous. However, there are several limits to this business, such as a hefty initial investment, sharing your financial data with your franchisor, and adhering to franchise laws. At the same time, additional expenses such as royalties may be incurred.

Conclusion:

Buying a franchise in Surat can be both challenging and exciting. To succeed, a well-tested business plan is essential, especially in the Indian food industry. Surat's city offers numerous franchise opportunities, with a constant demand for foodies.

The benefits of opening an Indian food franchise include higher sales, profitability, and various career paths. This industry is ideal for those with an entrepreneurial mindset, a hunger for success, a willingness to learn, and a taste for spicy cuisine.

If you are interested in starting your food franchise in Surat, contact FranchiseBazar’s consultants to learn about the latest food franchises in India.  Apart from that if you wish to grow your business, here is your chance.  Click here for more information.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risks and discretion. FranchiseBAZAR or its Directors, disclaim any liability or risks arising out of any transactions that may take place due to information provided in this blog.