Chole Bhature Franchise Cost, Profit and How to Get Started in 2024?

Franchising is one of the strong models for becoming the owner of a business, and for Nagpal’s Chole Bhature, it is an ideal choice. This opportunity enables an investor to own a piece of a famous North Indian dish characterized by its great taste and massive market recognition. This presentation offers comprehensive information about the costs, profitability, and other requirements related to the Nagpal Chole Bhature franchise that can help investors with the appropriate management and navigation of this profitable business.

About Nagpal’s Chole Bhature

Nagpal’s Chole Bhature, a famous outlet in the food hub of Delhi, NCR, has been serving its mouth-watering Chole Bhature since the beginning of the 1990s. This spicy white chickpea, along with fluffy fried bread (Bhatura), is one of the most famous street meals in Northern India. The vision here at Nagpal’s Chole Bhature is to provide people in India with the authentic taste of this Punjabi delicacy while also assuring people about maintaining quality and tradition.

Why Choose Nagpal’s Chole Bhature?

  1. Proven Business Model: Chole Bhature Hook has unbelievable pleasure and a huge history that creates interest among street food fanatics to know more about Nagpal’s Chole Bhature. Our success is as rich as those famous stalls located in a narrow street in Delhi, embodying the traditions of spices along with taste.
  2. Training and Support: The franchise system prepares and mentors its franchisees, offering them well-informed advice and extensive training. We will always be there with you, always as a friend, showing you the prosperous streets of Delhi.
  3. Variety Menu: Be proud to serve our ever-enduring menu, including the delicious Chole Bhature, yummy Rajma Chawal, and many more. Enjoy the taste experience of Khau Gallis of Delhi in your own food venturing.

How Much Does Chole Bhature Franchise Cost?

How Much Does Chole Bhature Franchise Cost?

Here’s a detailed breakdown of the costs associated with starting a Nagpal’s Chole Bhature franchise:

  • Franchise Fee: Franchisees need to pay ₹ 6 lakhs as a franchise fee to acquire permission to start an outlet with a brand name and work under support.
  • Setup Costs (for Complete Setup): To set up the Chole Bhature Franchise outlet requires investment between ₹6 to ₹9 lakhs.
  • Total Investment: The total Nagpal’s Chole Bhature Franchise costs between 11 to 15 lakhs including franchise fee, working capital, Setup cost, initial inventory, and others.
  • Royalty Fee: The brand charges a royalty fee of 5% on total sales. To provide branding, marketing, and advertising support to the franchisee.
  • Marketing Investment: As part of the initial investment cost
Summary of Costs
Expense Cost Range Franchise Fee ₹6 lakhs Setup Costs ₹6 to ₹9 lakhs Total Investment ₹11 to ₹15 lakhs Royalty Fee 5%

How Profitable is the Chole Bhature Franchise?

How Profitable is the Chole Bhature Franchise?

Revenue Potential: Nagpal’s Chole Bhature outlets have the potential to generate substantial revenue, driven by their popular menu items and strong brand presence.

Profit Margins: With a gross profit margin of 40% to 50%, franchisees can expect healthy financial returns. Net profit margins typically range from 25% to 30%, reflecting a profitable business model.

Return on Investment: The investment in a Nagpal’s Chole Bhature franchise can be recouped within 12 to 18 months, making it a promising investment with a relatively quick return on investment.

Revenues and Profits Summary

MetricAmount
Monthly RevenueIt varies by location.
Gross profit margin40%-50%
Net Profit Margin25%-30%
Return on Investment12 to 18 months

Requirements for Franchise

Eligibility Criteria:

  • Age: 21 years or older
  • Education: Basic educational qualifications
  • Financial Stability: Ability to invest between ₹11 to ₹15 lakhs
  • Experience: not required; training provided by the franchisor

Space Requirement:

  • Floor Area: 250–300 sq. ft., including kitchen, seating, and storage areas

Location:

  • Ideal locations include high-footfall areas such as malls, commercial hubs, and busy streets.

Staffing Requirement:

  • Typically, 4–5 staff members, including a chef, are trained in food preparation and customer service.

Documents Required

To apply for a Nagpal’s Chole Bhature franchise, you will need to provide the following documents:

  • Franchise Application Form
  • Business Plan
  • Identification Proof
  • Address Proof
  • Legal Documentation
  • Franchise Agreement
  • GST Registration
  • MCD and FSSAI licenses

How to Apply for a Nagpal’s Chole Bhature Franchise?

How to Apply for a Nagpal’s Chole Bhature Franchise?

Application Process:

  1. Contact: +91 9811756126, or email info@nagpalscholebhature.in for initial inquiries.
  2. Visit the Official Website: Visit the official website of Nagpal’s Chole Bhature. Look for the Application form and fill the application form with your personal and location details.
  3. Submit Application: Download and complete the Franchise Application Form from the official contact channels.
  4. Document Submission: Provide all required documents as listed above.
  5. Follow-up: Expect a response from the franchise team to discuss the next steps and finalize the agreement.

Pros and Cons of the Nagpal’s Chole Bhature Franchise

Pros:

  • Established Brand: Known for its authentic and tasty Chole Bhature.
  • Diverse Menu: A popular North Indian dish that appeals to a broad customer base.
  • Supportive Network: Comprehensive support, including training and operational guidance.
  • No Royalty Fees: Financial savings from no recurring royalty payments.

Cons:

  • Competitive Market: There is high competition in the fast-food and Indian cuisine sectors.
  • Initial Investment: A significant upfront investment is required.
  • Location Sensitivity: Success is highly dependent on the location of the outlet.

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Conclusion

Being a franchisee of Nagpal’s Chole Bhature allows an investor to be a part of a company with a well-established and tested brand in the Delhi NCR region. Given such a corporate social responsibility policy based on educating its franchises and supplying them with all the necessary support to offer real Spanish food, this franchise presents itself as a sound investment opportunity for potential buyers.

FAQ

How much money is required to open a Nagpal’s Chole Bhature franchise?

The overall average investible expenses vary between ₹11 and ₹15 lakhs: the fees for franchising, the costs of establishing a premise, and start-up costs.

Is the Nagpal’s Chole Bhature franchise a good business model?

Yes. The franchisees can be assured of good sales yields, as the gross margin ranges from 40 to 50 percent and the net margins range from 25 to 30 percent. The return on investment period is normally within a period of twelve to eighteen months.

How Much Area is Required to Start the Chole Bhature franchise?

To set up the franchise of Chole Bhature requires space between 250 to 300 sq ft.