Daryaganj Restaurant Franchise Cost, Investment & Profit Margin
Did you know? The capital of India, Delhi has the best restaurants in India. Delhi is famous for everything and food is one of them. Interestingly, Delhi is often referred to as the 'food capital of India'. So, one must expect the best restaurants in the capital city of India. Additionally, Delhi is home to India's best and cheap street food. Similarly, Daryaganj is a famous Delhi-based restaurant chain.
About Daryaganj Restaurant Franchise
This restaurant business has been in the market since 1947. So they are franchising to others for quite a long time now. It is a North Indian Cuisine restaurant that has been conceptualized with the principle of celebrating the legacy of the Late Kundan Lal Jaggi. This unique restaurant has been very carefully designed. You get a royal touch when you enter a Daryaganj restaurant franchise.
Read More : Best Food Franchise in India
This famous Delhi-based restaurant is known to serve hot and top-quality food to customers. As a normal public, if you check out the reviews from genuine websites, you will see lots of positive reviews made of the restaurant. People have even recommended trying out the famous 'Butter Chicken' offered at Daryaganj.
Other than that, they also offer hand-selected ingredients to cook your favorite food. Additionally, they use a variety of succulent meats, fish, and vegetables that are grilled in the tandoor for perfection.
Why Daryaganj Restaurant Franchise?
Daryaganj is not just a restaurant it is an emotion. Many people have memories of this royal and old restaurant. Now, when you open up a franchise of such a history-filled restaurant you become a part of their loyalty. The consumer base of Daryaganj is just enormous. People from different parts of the place know what is this restaurant best known for.
The product sold by this restaurant is 100% authentic. They do not use any artificial flavors, ingredients, or colours to prepare their food. Additionally, this restaurant business uses FOCO (Franchise Owned and Company Operated) model. The primary benefit of a FOCO model is that the company offers the franchise investment option hands everyday expenses. So, the franchisee may not be involved in daily requirements.
The biggest reason you can choose the Daryaganj restaurant franchise is they are expanded all across the country. They made their presence at the PAN India level. So, wherever you open up you will get the same amount of customer loyalty and attraction across the country. These are some of the basic reasons why you could choose a Daryaganj restaurant franchise.
Franchise Cost of Daryaganj Restaurant Franchise
Opening a royal restaurant franchise is surely expensive. But, you can earn a good profit margin annually. In the same way, the franchise cost of Daryaganj restaurant is quite high compared to other restaurants in the market.
The franchise cost or franchise fee of Daryaganj restaurant is Rs 50 lakhs. This amount could slightly differ but, the franchise fee or cost asked by the parent company is a minimum of Rs 50 lakhs and not below that.
So, if you are willing to open a Daryaganj restaurant franchise then make sure you have ample working capital. This is because opening a Daryaganj restaurant franchise is highly expensive.
Investment Required for Opening a Daryaganj Restaurant Franchise
As mentioned earlier opening a Daryaganj restaurant franchise is quite expensive. You need to spend a lot on the ambiance, use the latest machinery, technology, and many more. Additionally, the food quality is never compromised from Daryaganj and your franchise must ensure the food quality is to the mark.
The total investment required to open a Daryaganj restaurant franchise is Rs 2.16 crore+ GST. We do not know how much GST would be charged for every product, machinery, or article you buy for the restaurant franchise.
The further breakdown of its other investments is the following-
- Franchise fee- Rs 50 lakhs
- Royalty fee- 9% on sales
- Set up cost- Rs 1.66 crore (includes furniture, interior designing, ambiance, machinery, internet connection, computer, Wi-Fi, and refrigerators)
- Labor costs- Rs 5-6 lakhs (20-25 labor)
Daryaganj Restaurant Franchise Profit Margin
When you invest a huge sum of capital in a business you expect a great profit margin in return. Expensive restaurant businesses give you a good profit margin and so does the Daryaganj restaurant franchise.
This is because you spend huge capital on the attraction of customers. Interestingly, the attraction of any Daryaganj restaurant franchise is so good that they work. The typical range of expensive restaurant franchises in India is between 0-17%. Interestingly, when you become a part of the Daryaganj restaurant franchise you can expect a profit margin of 25-30%.
Additionally, one must know that this above-mentioned profit margin is the average one. The profit margin highly depends on the location, area, and demand of the product. The more you sell the better it becomes for you to earn a profit margin at the end of the month. On average, a Daryaganj restaurant franchise can earn Rs 3 lakh+ profit monthly. Yes, this is a great average amount for such an expensive restaurant franchise.
How do apply for Daryaganj Restaurant Franchise?
When you choose a PAN India expanded business, it is quite easy for you to take a franchise. One must know it only becomes easier when you fill all the requirements set by the parent company.
You must have enough land and capital to open a Daryaganj restaurant franchise in your area. Now, here is the step-by-step application process that you need to follow:-
- Always visit the official website https://daryaganj.com/expansion/ for franchise details
- After you have visited the official website you will see some information that will be asked of you
- Some of the information that you need to fill in are first name, last name, email ID, phone number, and message
- Before clicking on the 'Submit' button, make sure you re-check all the information given by you. This is because whenever the concerned team or individual will contact you they will be using that information only.
- After you have been shortlisted a team will contact you within 24-48 hours. You must make sure that you pick up the call and frequently check your email ID.
Is Daryaganj Restaurant Franchise Profitable?
The profit of any restaurant is directly linked to the gross sales made that month. The more sales you make the better chance you get to earn good profit. In the same way, Daryaganj has a huge customer base and is a profitable business.
The product of this restaurant makes them stand alone in the market. They offer classic food with bold flavors to consumers. People just keep on visiting the nearest Daryaganj restaurant franchise for their specialty in food products.
Moreover, when you have a good customer base and monthly sales you earn a good profit margin. Yes, opening a Daryaganj restaurant franchise is a profitable business.