If you share a love for burgers and want to invest in a burger restaurant chain and become the owner of a burger restaurant franchise, then this is the right place for you.
Fast food is becoming a trend nowadays. Everyone goes out to one of the many fast food options available to them and have the meal of their choice. This meal could be anything like a pizza, a sandwich, a hot dog or a burrito. Today, due to globalization, a person has access to all these food items from different parts of the world. One of the most popular fast food items that exist in the world today is burgers. No matter which part of the world you are in, there will be a burger joint near you that will be able to satisfy your cravings.
We cannot talk about burgers without mentioning one of the biggest names that is there in the burger business in the world – Burger King. Burger King is so popular that on a daily basis, the company has 11 million customers entering its restaurants worldwide. By serving delicious burgers and providing the highest quality of support and service to its customers, Burger King has managed to make itself a global giant in the fast-food industry and now has a huge and loyal customer base in all parts of the world.
Burger King is an American fast-food restaurant chain that specializes in selling burgers. The company has a worldwide presence and has its headquarters in Miami-Dade County, Florida. The fast food chain was started in Florida in the year 1953 with the name Insta-Burger King. But in the year 1954, due to some financial difficulties, the company was bought by two franchisees from Miami named David Edgerton and James McLamore. It was at that point that the name of the company was changed to Burger King.
The most popular food item available at a Burger King restaurant is probably the ‘Whopper’ burger. But that does not mean that the fast food chain does not have much else to offer. Burger King has a large range of burgers, sandwiches, fries, and beverages that are more than enough to cater to the customers and satisfy their cravings. Along with that, the company also has food options for breakfast.
Burger King, considered to be the most popular burger franchise in India, has more than 200 outlets in the country including cities like Pune, Chandigarh, Bangalore, Mumbai and Delhi. There are a lot of benefits associated with investing in Burger King and becoming an owner of the franchise. The company provides support and assistance to the franchisee in things like opening events, evaluations, etc. Burger King also has a toll free contact number for the franchise owners to address and solve any inquiries or problems that the franchisees might have.
Burger King provides three options to an investor as to what kind of a franchise he wants to invest in. These options are as follow:
As is the case with any other franchise, in order to become the owner of a Burger King, there are certain steps that an individual has to follow. The first thing that an individual has to do in order to become a Burger King owner is to visit the company’s official website. Upon reaching there, he or she has to fill out an application form applying for the Burger King outlet franchise. Then, the application is reviewed by the support staff of Burger King. If the application gets accepted, the individual will be contacted by the people at Burger King and then, they will take things forward.
There are a number of requirements that an individual has to fulfill in order to own and run a Burger King franchise. The first requirement is that the franchisee has to go through a training program organized by the company to learn the ropes of the business so that he or she can fully understand how to run the store.
Another requirement is regarding the location of the store. Burger King has made a classification of 3 categories where a person can open up his or her Burger King store. The first category is institutional locations like airports, train stations, bus stations, sports areas, government building areas, etc. The second is the commercial areas like shopping malls for Burger King restaurants. The third category is non-conventional areas like convenience stores, gas stations, etc. Another requirement to be fulfilled by the franchisee is that he or she has to use the outlet for the sole purpose of running a Burger King restaurant and also has to keep the place open for the minimum hours as specified in the franchise agreement.
One thing that every investor wants to know before making a decision as to whether is invest in a company or not is the cost of investment involved. So, the amount of money that an individual has to put up in order to become the owner of a Burger King comes to around 2.5 crore rupees. Apart from that, the individual also has to pay a royalty fee of 4.5 percent to the company.
Although there is no specific number or statistic to highlight the profitability of a Burger King profit margin in India, the company is growing really fast and is already popular all across India. The 2018 sales of 375 crore rupees also suggest that Burger King will prove beneficial for an investor wanting to own a Burger King outlet.
The fast food company opened its first store outside of the United States of America in the year 1963. This store was opened in the city of San Juan in Puerto Rico. In the year 1975, Burger King started the drive-thru service and by the year 1977, The company had made its presence in three continents with around 2,000 restaurants.
Burger King started the option of franchising in the year 1959 and as of 2018, the company is present in more than 100 countries with approximately 18,000 outlets. Around half of these 18,000 outlets are in The United States of America. With its great marketing and advertising strategies, Burger King has managed to gain worldwide popularity as one of the biggest names in the fast-food sector.
Burger King has certain prerequisites when it comes to the location and the amount of space that you have for the franchise. But, does it indicate that you need to open the franchise in a mall?
The short answer to that is no.
You can open a Burger King Franchise pretty much anywhere that you think would be an ideal location and attract your potential customers. Since the prices of the burgers and sandwiches at Burger King are steep, you want to open the franchise in areas where people would willingly spend that money on food.
Yes, Burger King does give out the franchise in India.
The cost of investment incurred by an individual in order to become the owner of a Burger King comes to around 2.5 crore rupees. Other than that, a 4.5 percent royalty fee also has to be paid to the company by the franchisee.
In India, the majority of stock in Burger King is owned by Everstone Capital.
Yes, Burger King in India is halal.
Although there is no proof on the internet to highlight the profitability of Burger King, the growth and popularity of the company can help the franchisee in reaping significant benefits.
Burger King has divided its franchises into three categories. THe first of them is institutional locations. These include government building areas, airports, bus stands, train stations etc. Next comes the commercial areas like shopping malls where Burger King dining restaurants can be opened up. In the third category, you will find non-conventional locations like gas stations and convenience outlets.
In order to apply for a Burger King dealership, all you have to do is visit their official website and fill out their application form. Then, you will be contacted by their support staff for the next steps of the process.
Yes, Burger King offers three types of franchise agreements to its investors. These are Individual Agreement, Entity Agreement and Corporate Agreement.
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In the financial year of 2018, Burger King recorded sales of a whopping 375 crore rupees. The company also has plans to open 700 stores in India by the year 2025. Burger King is on a path of a meteoric rise in terms of sales and popularity and has no intention of slowing down. If you have any further queries, feel free to comment down as one of our team members will be happy to help.
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