Why Hyderabad is a great city to start a Food franchise in 2024?
Written By: Yukta Palekar
The NRAH predicts that the food franchise service industry in Hyderabad will experience a robust growth rate of approximately 8.1%, which will surpass the GDP growth rate and generate a business worth over Rs 5 crore by 2024. According to this report, 33049 restaurants are located in seven percent of Hyderabad's five-star hotels and restaurants.
In this city alone there are 74,807 restaurants including the organised food services market which is estimated to be about Rs 10,161 crore is stated to be the sixth in the list of largest markets in the Country. The latter is larger than the former but is likely to overtake it by 2028.
Therefore, It is one of the golden opportunities which are available for the domestic as well as foreign food brands because of the potential recovery trend of the food service industry in Hyderabad from the downturn due to covid-19 Pandemic, since the city is emerging as one of the key players in food service industry.
Read more: https://www.siasat.com/hyderabad-food-industry-set-for-major-growth-in-2024-3060274/
What Makes It Useful to Start a Food Franchise in Hyderabad?
- Cultural and Culinary Hub: The historical background as well as the culinary skills available in Hyderabad makes it possible to set up a food franchise.
- Economic Growth: There are many business opportunities that will do well especially in the food sector within the fast-growing economy of the city.
- Established Market Presence: The brand has established 10 & running outlet all in the city of Hyderabad, suggesting good market scope worth the investment.
Advantage of Starting the Food Business in Hyderabad
- Management Brand and Support: The food franchise business enables the fresh hawker management style due to the changing tastes of the people of Hyderabad.
- Customer Retention: It is interesting to know that the food menu is life and to keep the business going non loyal clients are attracted to visit some of which repeat back.
- Eating Over Franchise: you are not only introducing a franchise business in the hospitality sector and food industries, but also enhancing the moving gastronomic scene of this city.
- Economically Viable: Since market awareness and brand coming into the city is already there, your franchise is likely to be successful in Hyderabad.
Top Food franchise to invest in Hyderabad
Grill N Chill Franchise:
Grill N Chill is a fast food platform that serves inexpensive shwarmas, barbecue, and mocktails. The organization is well-known to offer hygienic and excellent services, and it offers a wide range of options. It offers customized assistance as well as instruction for franchise partners. Starting a Grill N Chill franchise demands an investment of 10-15 lakhs and a space of 1000-2000 square feet.
Biryani Queen, is looking to expand through the franchising model in all around india. Smitha Sabharwal, a housewife, founded the company. Moreover, it serves authentic and delectable Biryani delicacies like jackfruit, mutton, diet, dessert, and prawns. Biryani Queen caters to the health-conscious clientele, serving cuisine in environmentally friendly mud pots called Handis. The business is well-known and established in Gurgaon, serving fresh, original, and delicious dishes cooked with distinct spices and ingredients. The franchising opportunity is profitable, cost-effective, and does not require any industry knowledge. The brand is searching for master franchisees or franchisees around the nation who will be fully trained and supported. Investment range: Rs. 30-40 lakhs.
Jumboking Franchise:
Jumboking is a prominent Hyderabad restaurant company best known for its delectable Vada Pav. Moreover, which has grown in popularity owing to its innovation and range of flavors. The firm has a strong brand awareness in Hyderabad, luring customers with its butter and brown vada pav alternatives. Jumboking delivers excellent support, in-store training, and promotional assistance to its franchisees. investment of 10-20 lakhs.
Flavours Of Andhra – Franchise
Andhra Franchise in India seeks to provide clients with authentic and exquisite Andhra cuisines at all branches. The food industry in India provides a significant investment opportunity, with biryani being a popular choice for both budget-conscious and premium consumers. Biryani's popularity, including variants such as Hyderabadi, Lucknowi, and Kolkata, enables for simple expansion into restaurants, cloud kitchens, and franchising. Entrepreneurs are continually refining biryani recipes, presentation, and packaging to appeal to modern consumers, hence growing the sector. Investment range: Rs. 40-50 Lakhs.
Grill Master Franchise:
Grill Master is a renowned fast-food platform in Hyderabad, with over 30 outlets nationwide. The grill master team provides a diverse selection of delectable cuisines. It offers a thorough training program for franchisees that covers all areas of restaurant administration, as well as distinct training for managers, staff, and owners. Starting a Grill Master franchise demands an expenditure of 10-15 lakhs and a location of 500-750 square feet.
Bros PizzaTM is a franchise operated by Bros Pizza and Burger Pvt. Ltd., which is situated in Delhi-NCR, India. The brand is well-known for its distinct flavor, diverse selection of unusual pizzas, and fresh handcrafted pizza bases at reasonable pricing. Bros PizzaTM, which opened on July 7, 2019, focuses on quality and customer pleasure. This is by providing exceptional service and food quality. The company's goal is to establish self-employment prospects while also creating work chances for others. The distinctive formulas appeal to Indian preferences, making them acceptable for both youngsters and the elderly. The investment ranges between Rs. 5 lakh and Rs. 10 lakh.
Why Franchise a Food Restaurant in Hyderabad?
- Rapid Growth and Popularity: Hyderabad's fast-growing population and rising popularity of fast food make it an ideal market for food franchises.
- Expedited Brand Recognition: Franchising allows you to leverage an established brand, speeding up the process of building a recognizable name in the market.
Key Components of Fast Food Franchise Success
- Convenience and Quick Delivery: Successful fast food franchises focus on providing quick, convenient delivery services without compromising on quality.
- Strong Branding Efforts: Nationally or regionally recognized branding helps communicate quality and reliability, attracting more customers.
Pros of Establishing a Food Business in Hyderabad
- Low Start-Up Costs: Food franchises typically require minimal investment, making them accessible and profitable in the fast food industry.
- Access to Skilled Labor: Hyderabad's large youth population provides a readily available, low-cost workforce, aiding in efficient operations and business promotion.
- Cost-Effective Innovation: The fast food sector offers flexibility and lower costs for innovation, making it easier to adapt and grow in a competitive market.
Benefits of Franchising in Hyderabad’s Fast Food Industry
- Ease of Setup: Food franchises are relatively easy to establish, making them an attractive option for entrepreneurs.
- Expansion Opportunities: The city's dynamic market and skilled labor force create ideal conditions for business growth and expansion.
Why Choose Hyderabad for Your Food Franchise Business?
Hyderabad is a desirable location for food franchise enterprises because of its flourishing economy, diversified population, and welcoming business climate. Its strategic location in South India positions it as a logistics and distribution hub, with easy access to a large customer base. Register with FranchiseBazar to locate the best brand for launching a food company in Hyderabad. Moreover, you can also receive answers to your inquiries.
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 risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.
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