By Resham Daswani

Franchises in the foodservice industry are always among the most sought after. Having a nice supper with friends or family in a beautiful and relaxing setting is something that has long been popular. Fast food, traditional, vegetarian, and many other types of restaurant franchises are all available today. India is the land of a little heat. The incredible variety of tasty foods offered at Indian restaurants is truly mind boggling. 

Investing in a restaurant could be a wise choice if you want to start a business that will generate a lot of money.

Top 10 Best Restaurant Franchises in India for 2023

1. Moti Mahal Delux

Mohi Mahal delux has been credited as the place where Tandoori food was first created. It has a rich history of preparation spanning from traditional artisanal cuisine to cutting-edge culinary creativity. The revolutionary dish that will change the world. Family recipes that have been used and loved for years, & it was this innovation that first brought NWFP cuisine to international attention. MOTI MAHAL, founded in 1920, has been on a mission to change the way people eat ever since.

The Moti Mahal's innovative approach to providing the greatest quality while also retaining the highest grade of efficiency makes it a promising franchise opportunity for entrepreneurs in India.

• Investment Required - Rs 30-40 lakhs

• Space Required - 750-1000 sq ft.

2.  Kailash Parbat

After humble beginnings as a roadside halwai shop, Kailash Parbat has expanded to become a beloved Indian restaurant chain with 20–40 locations worldwide. In the 1940s, the Mulchandani brothers opened a little shop on Bans Road, Karachi, Pakistan, where they sold their now-famous chaat. However, after the partition of India, the brothers relocated to Bombay, India, where they established the Kailash Parbat in 1952. 

Since then, it has been extremely popular because of its remarkable atmosphere and attentive staff. The current age-group favourites. Kailash Parbat is a well-known restaurant chain that serves delicious dishes inspired by Chinese, Indian, and other regional cuisines.

This is a fantastic investment destination for entrepreneurs.

• Investment Required - Rs 1-2 crores

• Space Required - 2000-3000 sq ft.

3.  Sagar Ratna

Sagar Ratna has expanded from its 1986 beginnings in Defence Colony to become the nation's go-to restaurant for authentic South Indian fare. Sagar Ratna has quickly expanded its reach, opening company-owned restaurants in the National Capital Region (NCR) and franchise shops in several major cities across North India in only a few short years. 

Sagar Ratna has earned multiple honours in the hospitality sector over the years, and their authentic South Indian cuisine is still a customer favourite.

• Investment Required - Rs 1-2.5 crores

• Space Required - 2500-3500 sq ft.

4.  Domino’s Pizza

Domino's Pizza, Inc., often known as Domino's, is a chain of corporate-owned and franchised restaurants that provides pizza delivery services in the United States and around the world. The company was started in 1960.

Domino's Pizza opened its first restaurant in 1996 in New Delhi. Domino's Pizza India has maintained its dedication to providing delicious pizza and sides, high-quality service, and excellent value throughout the years.

• Investment Required - Rs 30-50 lakhs approx

• Space Required - 1500-2000 sq ft.

5.  Subways

Subway is the most successful restaurant chain in India since it was among the first to offer fast food and one of the first franchisees to question whether or not fast food inevitably poses health risks. Subway was the first fast food restaurant to start this trend worldwide.Subway is a trusted name in the food industry, especially among those who are concerned about their health. Subway's menus focus on vegetarian dishes from India, and the company is actively expanding its selection of vegetarian options from that country.

• Investment Required - Rs 75 lakhs - 1 crore

• Space Required - 500-750 sq ft.

6.  Bikanervala

In order to ensure the continued satisfaction of your clientele, Bikanervala Food Pvt Ltd offers franchisees the fantastic opportunity to provide them with mouthwatering and dazzling Indian sweets and savoury dishes. The franchisees benefit greatly from the brand name, which has been recognised and adored by consumers everywhere because of the company's history of producing high-quality sweets and namkeen for more than a decade.

Bikanervala is the best food franchise opportunity in India thanks to its extensive product range, which includes everything from traditional Indian sweets to savoury products packaged in airtight containers to a variety of different cuisines.

• Investment Required - Rs 2-5 crore

• Space Required - 1200-2000 sq ft.

7.  Wow!Momos

Wow! Momo is a chain of quick-service restaurants in India that serves authentic Tibetan and Nepalese cuisine, such as momo and dumplings. Sagar Dariani and Binod Homagai, two St. Xavier's College alums, established Momo in 2008.

Moburg momo, fried momo, steaming momo, sizzling momo, deep-fried momo, momo masala in oil, tandoori momo, and momo baked in a gratin are only some of the momo preparations available. (burger momo).

• Investment Required - Rs 8-20 lakhs 

• Space Required - 200-250 sq ft.

8.  The Yellow Chilli

The Yellow Chilli is a unique chain of casual dining establishments, and both the name and the menu reflect this. It is proud of its own take on Indian cuisine, which draws inspiration from the North West Frontier as well as exotic dishes from Punjab and the Mughal era. And of course, a wide variety of regional specialties that vary from one location to the next. Many of Sanjeev Kapoor's famous dishes are featured on the menu, giving it an air of authenticity and credibility.

• Investment Required - Rs 1 crore onwards 

• Space Required - 2000-3000 sq ft.

9.  Chicago Pizza

Chicago Pizza is an American pizza chain with origins in New Delhi, India, and currently operating out of more than 190 stores across the country. We were the first pizzeria in India to provide "build-your-own-slice" and huge slices (cut from 18-inch pies). Our toppings are always fresh and delicious since we only partner with the most reputable vendors in the country, and our recipe is tried and true.

• Investment Required - Rs 10-20 lakhs approx 

• Space Required - 100-150 sq ft.

10.  Haldirams

Among Indian consumers, Haldiram is a household name thanks to its assortment of snacks, sweets, and Namkeens. Franchise options are now available as the company looks to capitalise on its rising profile. Anyone interested in starting their own food business with the backing of a well-known brand can benefit from investing in a Haldiram franchise.

• Investment Required - Rs 30-35 lakhs approx 

• Space Required - 400-1000 sq ft.

Trending: International Restaurant Chain eyes Indian market for expansion.

Restaurant Franchising FAQs

Q.1.  Is a fast food franchise a good investment opportunity in India?

The investment capital required to run a successful fast food franchise in India might be substantial. Franchisees incur monthly expenses that can equal more than 10% of gross sales, on top of the initial investment and initial royalties and advertising fees.

Q.2.  What is the profit margin in food business in India?

For a given accounting period, a restaurant's net profit margin can be determined by dividing net income by sales. Gains, which are revenue from a transaction that doesn't fit within your typical business activities, are included in what is known as "Gross Revenue."

Conclusion,

The restaurant franchise industry is one of the most lucrative due to the fact that food is one of the few commodities that will never go out of style. In India, there is a sizable market for restaurant franchises. Over $570 billion is made annually in the fast food franchise industry around the world. Despite the pandemic's impact, the restaurant franchise industry is still one of India's most lucrative, and recent years have seen record growth as people's dread of the virus subsides and the number of current cases declines.

In that case, why delay any longer?  Check out FranchiseBazar right now to learn about the best restaurant franchises in India and start living the life of your dreams.

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.