The vibrant and well-known food brand in the Indian fast-paced Food industry is being marked by the name of FOOD ADDA. Founded in 2010 and Located in Mumbai, Food Adda has shown consistent growth year after year with the variety of food offered to eat catering to varied taste palettes from customers. With a wide range of street food, fast food, and the best dishes from traditional Indian cuisine to offer, Food Adda’s has become a favorite among all – making it one of the most sought-after franchise opportunities in India.
Table of Contents
About Food Adda
The specific and wide-ranging food items in the Food Adda chain have ever engaged a young audience clinging to fast foods of all varieties at very affordable prices. Started with a vision to deliver healthy, tasty, and clean food outlets for customers. Over time Food Adda has expanded to large cities and developed a remarkable fan base. The brand has been able to make a profitable business over time due to its commitment to Quality, Innovation, and Customer Experience while being an attractive proposition for aspiring entrepreneurs in Franchise Business.
Key Details of Food Adda Franchise
- Brand Name: Food Adda
- Industry: Food & Beverage Sector
- Number of Outlets: 100 Plus
- Franchise Cost: ₹25 to ₹40 lakhs
- Profit Margin: 15 to 25%
- Space Required: 300 to 600 sq ft
- Official Website: https://www.foodaddaindia.com/
Food Adda Brand Product Range
They are serving a wider and tasty product range by the name of Food Adda like
- Best Street Food: PaniPuri, BhelPuri, SevPoori and more.
- Fast food – but still not cheap Fast Food: Burgers, Pizza and Fries regular sandwiches
- Delicious curries, rotis & biryanis for the universal love of Biryani and sweeten your day a little more with our Indian Sweets.
- Drink Fresh Juices, Shakes, and Traditional Indian Drinks Events like Lassi-chaas).
So blending the traditional flavor with a new taste has made it easy for this brand to cater to varied tastes.
Food Adda Franchise Models
Food Adda has two models which they offer to the potential franchisees:
Company Owned Franchise Managed(COFM):
Here the outlet is owned by the company, though operations are managed by franchises. Food Adda manages operations, brand, and marketing to maintain consistency in deliveries of quality products.
Franchise-Owned & Franchise-Operated (FOFO):
Here, the franchisee owns and operates as per Food Adda standards and guidelines. The system provides the franchise more power & independence while availing all the facilities of a well-known brand and proven operating model.
How Much Does the Food Adda Franchise Cost?
A food adda franchise is a safe bet but one should need very careful investment in it. While the initial investment majorly lies between ₹25 lakhs to ₹40 lakhs, here are some aspects for which this would be sufficient:
- Initial Investment: Approx 15-20 lakhs for store setup, interior, and furniture, etc.
- Franchise Fee: ₹2 lakhs (To access the brand name of Food Adda)
- Equipment Costs: Kitchen Equipment, POS systems, and other necessities- ₹5-10 lakhs.
- Furniture & Electronics: Rs.3-5 lakhs on seating along with lighting and other electronic devices
- Additional Expenses: ~ ₹5–7 Lakhs comprising of initial stock, marketing costs, salaries overhead, and rent/ security deposit.
These costs provide a comprehensive picture of the investment required to launch a Food Adda franchise and prepare for potential unexpected expenses.
Food Adda Franchise Profit Margin and Return on Investment (ROI)
Food Adda Franchises usually earn healthy profit margins of 15% – 25%. ROI is said to be within the range of one to two years with variables such as location, sales performance, and operational efficiency (focused more on Employees). Powerful brand awareness and consumer goodwill lead to stable income streams as well as lucrative company operations.
Space Requirements
Franchisees should also follow the Food Adda brand specifications and dimensions of space needed to provide optimal customer experience. The sweet spot is around a 300-600 square foot store that includes:
Shop layout: seating provisions, kitchen space, and customer walk-in space.
Storage Units: Sufficient storage space for ingredients and inventory
Stand Alone Facilities: Provided with those facilities included in a standard facility and ancillary, such as staff room. Toilets Parking access for customers
They can offer a better customer experience, and accommodate larger party sizes and variety of food offerings.
Benefits of Food Adda Franchise
A Franchisee of Food Adda gets the following strategic benefits.
- The brand made: Use existing market formation and customer loyalty to the established brand.
- Operational support: get trained, access to SOP, and ongoing support.
- Marketing help – National and local marketing efforts bring customers through the door.
- Variety of Products: Provide popular and high-demand Mangolian Food Products.
- Financial independence: Experience high profit margins offering a fast ROI.
- Scope of Expansion: The ever-increasing need for good food in the Indian market.
Documents Required for Food Adda Franchise
- Franchise Application – to get the franchise application process started, your potential new franchisees must submit a number of important documents including:
- Franchise Agreement: Explanation of the privileges and obligations, as well as details about their business relationship.
- Proof of Identity such as a photocopy of your Aadhar card, PAN, or any other government photo ID.
- Business Registration: PAN card of the business, GST registration certificate, and Proof of office address.
- Proof of Financial Documentation: Last utility bills, NOC from local authorities, and fire safety clearance.
These are the documents that specify a clear picture of how Food Adda and its franchisees enter into partnership, thus ensuring total transparency and legality.
How to Apply for a Food Adda Franchise?
Securing a Food Adda franchise involves a straightforward application process:
- Contact Food Adda: Visit the official website and navigate to the franchise section.
- Submit Details: Complete the online franchise inquiry form with your personal and business information.
- Documentation: Provide all necessary documents in the required format.
- Evaluation: Food Adda reviews the application and conducts due diligence.
- Franchise Agreement: Upon approval, sign the franchise agreement and pay the franchise fee.
- Launch and Support: Receive training, marketing support, and ongoing assistance to ensure successful business operations.
For more information, contact Food Adda at:
- Phone: 91+ 9619000398, 8657015738
- Email: info@foodaddaindia.com
- Address: B-22, Andheri Industrial Area, Mumbai
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Conclusion
In Conclusion, Food Adda Franchise Cost, Profit & How to Get Started in 2024. There is enough room to grow and prosper in the growing Indian food industry by 2024, by investing in a Food Adda franchise. Based on a strong brand, in-depth support, and diversified product portfolio Food Adda offers an attractive and viable business proposition. The low cost of business, Brand & great quality in operations make the Food Adda franchise an excellent option to stand out amongst the competition which is rampant with only food franchises.
As they partner with the Food Adda family, franchisees are provided a time-tested business model assuring quality and satisfaction of experience to their customers Franchisees receive extensive training that provides them with the know-how to run operations smoothly and 24/7 support to ensure any issues can quickly be fixed. Also, Marketing of Food Adda – both on a national & local level helps in creating loyalty.
FAQs
How much does the Food Adda franchise cost?
The cost of investment for a Food Adda franchise is between INR 20 lakhs and Rs 30 lakhs which includes the infrastructure, depositing charges, crockery & cutlery deposits, initial stock in hand (stock value may vary depending on menu), and working capital requirements.
When will I get the ROI on a Food Adda franchise?
The Franchisees break-even and Return on Investment (ROI) usually within 1-2 years, depending upon location, sales trend, and operational efficiency.
What assistance will be provided to a franchisee by Food Adda
SUPPORT Food Adda provides detailed operational support ranging from the production process to all services and more in steps. Food addA team helps franchisees understand food sourcing, pricing guidelines, marketing assistance, and sales target setting thereby ensuring that franchises run seamlessly.
Space required for opening Food Adda franchise
Food Adda will need at least 300-600 sq ft of space for the kitchen, storage and customer seating.
Is Experience in the Food Sector Mandatory for Opening a Food Adda Franchise?
While in-depth food industry experience is not required, some prior relevant background is helpful. The Food Adda provides very extensive training and support to all of the Franchisees irrespective of what backgrounds they come.
How do I apply for a Food Adda franchise?
To apply for a Food Adda franchise, you can visit their official website and fill out the franchise inquiry form. The company will then review your application and contact you for further discussions.
