To be honest, yes, Al Baik has achieved phenomenal growth in India since its start in the Middle East in 2009. Therefore, if you have an interest in starting a food business and fried chicken is your favorite dish, Al Baik can be exactly the opportunity you were looking for to make some profits, you know? A special characteristic of Al Baik is that it is not only famous for its high-quality and affordable products but also adds some Middle Eastern twist to them. Sure, right now, Al Baik is offering franchises in India, and today, we are all about letting you know like what the Al Baik franchise cost in India, what are the main requirements, and what would be the profit potential, so just keep on reading. Alright, here we go now.
Al Baik Franchise Cost Breakdown
Let’s say if you don’t want to go with other brand options that cost you like multiple crores just to get started in the fast-food scene of India, then without a single doubt, going for an Al Baik franchise is a super good option. So, here are some of the costs for you:
- Total Investment Required: Well, to start off with, you see, the total investment is approximately ₹10 to ₹25 Lakhs. Here it includes everything from laying down the store to dining, kitchen equipment, initial stock, and working capital, you know?
- Franchise Fee: This will be around ₹6 Lakhs. This is a one-time payment that allows you to use the Al Baik brand, receive training, and get ongoing support from the company.
- Setup Costs: Between ₹2.4 to 4 Lakhs. This actually consists of the design, decor, and setup of your store. You can either hire your own team for the setup or allow Al Baik’s team to do it for you, simple as that!
- Kitchen Setup: Somewhat around ₹4 Lakhs. This covers your whole kitchen equipment, such as fryers and workstations.
- Initial Stock: ₹1 Lakh. This is the first stock of food items like marinated chicken, packaging materials, and other essentials.
- Working Capital: Keep ₹3 Lakhs by your side for this. This amount will cover growing your everyday activities by means of staff salaries, payments of utility bills, and many other expenses until your business begins to generate income regularly, you know?
Though, one if not the best thing about Al Baik is that they do not charge any monthly royalty fees, so you can keep all your profits.
What Are The Specific Space And Location Requirements?
You see, if you want to start an Al Baik outlet, you will need a location of 300 to 500 square feet. But keep in mind though, the correct place should be selected as a high foot traffic area such as near markets, shopping areas, bus stations, or malls. All in all, the idea is to find a place where people often walk past the store, and in that way, your shop can attract the maximum possible customers, you know? The design department of Al Baik Company provides the 3D layout for your store that is to your advantage like they provide you with a ready layout, and along with it, you receive the technical drawings that lead you to the way in which you can set your outlet up quickly. In addition, it guarantees that the store will not only appear in its most beautiful form but will also be engineered to pull customers in very quickly, that’s the main goal with it all.
Profit Potential and Return on Investment (ROI)
Let’s get down to the nitty-gritty and analyze how much money one can earn via an Al Baik franchise. The fundamental proposition is similar to the following example:
- Gross Profit Margin: On the food sold, one can expect up to 45% profit margin, and just so you know, yes, it is actually a high margin that makes it different from a fast food outlet.
- Net Profit Margin: After paying for your staff, utility bills, and other expenses, you should get a 30% net profit from your sales, and that’s pretty high if you compare it to other fast food franchise brands.
- Monthly Profit: Just to put it in the simplest words possible, you see, at your place later in the month, you could earn less, between ₹50,000 and ₹1 Lakh, or more, depending on the location.
- Return on Investment (ROI): The time needed to regain or cover the invested amount is around 12 months, you know, looking at the profit margin numbers, that’s the approximate time it’ll take. Though, after one year, you can see substantial profits. Besides, if you pick a place with a lot of people aka foot traffic, you may just recover your initial cash way faster. So yes, it all depends upon how well your outlet is set up and where it is set up, simple as that.