With fast food or food businesses in general, the thing is pretty simple, if your offerings taste good and you present them in a good way, they’ll surely sell a bunch. And in India, people are always looking for something tasty to eat, so why not give it a shot? But how about going for a food franchise instead of starting your business from scratch? Well, that way, you’d be able to get into the market super fast, and with the backing of a good brand, you can do wonders in your local area. That’s the reason we are here with a list of the top 10 biggest food franchises in India as of 2024. So, let’s get to the list right away.
1. Domino’s Pizza
In a way, you can say that Domino’s Pizza has won the world of pizza to such an extent that it has the biggest slice of the pie in India too. So, why is Domino’s at the top of the list? Well, do you know anything about their offerings like Chicken Tikka Pizza and Cheesy Golden Corn Pizza? If yes, then you know why they are so famous in India. To be a part of the Domino’s franchise, you must be prepared to cover a huge sum of money, for example, you will need an investment that ranges from ₹85 lakh to ₹2.5 crore.
2. McDonald’s
As a matter of fact, one of the most well-known fast-food chains, McDonald’s is present in India not only with their hamburgers but significantly interesting choices like local dishes like McAloo Tikki and Paneer Wrap have also been included in their menu recently. And just so you know, to pump in a McDonald’s franchise you have to look at a figure of ₹6.5 crores to 14 crore, that’s for the best of the best in the market.
3. KFC
When it comes to fast food in India, KFC is a prominent brand that cannot be skipped from the list. Right now though, KFC is the owner of more than 350 outlets in 100 cities, out of which KFC has altered the main taste of its global products by locally creating tasting items like Veg Krisper Burger and Fiery Grilled Chicken. Moreover, the initial investment needed to become a KFC franchisee is between ₹1 crore and ₹2 crore but this business is favored by many entrepreneurs because of its large customer base and verified business model.
4. Subway
Without a doubt, Subway is way healthier than many of the Indian fast-food outlets out there. With over 600 restaurants lined up in more than 70 cities, what makes it different is that one can eat at Subway and enjoy those “build-your-own” sandwiches, you know? And just so you know, to open a Subway franchise an investment of ₹25 lakh to ₹50 lakh is a must, with a recovery of 2 to 3 years, hence, it is a fantastic business opportunity.
5. Pizza Hut
Pizza Hut, with over 500 stores, is a strong player in the Indian Pizza business, either through Dining or delivery services. Paneer pizza along with some of the several pure vegetarian options like Corn & Cheese Pizza have created a variety in the menu. Talking about signing up, well, franchisees must invest between ₹1 crore and ₹2.5 crores, with the usual recovery time being 4 to 5 years. But since you have the backing of the best pizza brand out there, you’ll be already off to a good start.
6. Haldiram’s
No other brand in India is more famous than Haldiram’s when it comes to salty snack hits. It is no longer just Namkeen, but a rising food franchise. The company already has over 400 outlets, and more are on the way, so Haldiram’s is a combination of tradition with business wisdom, you know? To be a Franchisee, you need to invest ₹1 crore to ₹4 crore and its recovery will be 3 to 4 years, that’s pretty much it.
7. Amul
There is just no way that we’d be finishing off this list without talking about Amul, that’s not going to happen. So here we are. Don’t need any introduction here, let’s talk about the investment thing right away, shall we? So, the investment needed to own an Amul franchise is relatively low, which varies between ₹2 lakh and ₹6 lakh, making it one of the easiest franchise opportunities on this list. With a reliable supply chain and a payback period of just 1 to 2 years, Amul’s affordable products and strong brand loyalty ensure steady revenue opportunities, that’s what we are pretty certain of.
8. Burger King
Just so you know, since its launch in India, Burger King has managed to make a significant impact with over 150 outlets. Burger King’s signature flame-grilled burgers, including the Whopper and Paneer King Burger, have appealed to both vegetarian and non-vegetarian markets alike. All in all, the required investment in a Burger King franchise is between ₹3 crore and ₹10 crore, and the payback time extends from 4 to 6 years.
9. Tea Time
Among the tea franchises in India which have grown at the fastest pace, Tea Time is ranked as one of the highest boasting a network of more than 3,000 outlets across the nation, you know? The ₹3 to ₹5 lakh initial investment as well as the 1 to 2 years of the payback period means that the franchise is relatively low-risk, so why not give it a shot?
10. Wow! Momo
The 2008 startup Wow! Momo has taken India by storm and is now a huge player in the fast-food sector through its innovative version of momos. It introduced momos in various flavors like steamed, fried, and pudding, winning the hearts of everyone, yes, literally! Having 350+ outlets in 16 cities, Wow! Momo is one of the best brands in this segment. The franchise has a price range of ₹1 lakh to ₹8 lakhs, something that any new business person can start, and looking at the rising love for momos in India, you should definitely give it a thought.
Conclusion
All in all, if you have enough budget to start with and you are willing to try out the food or fast food market in India, then these are by far the best options to go with. Agree? Well, then go do some of your own due diligence on your favorite food franchise brand from the list.