Laziz Pizza is now a well-known entity in the repository of pizza-eating joints in India. With qualities and tasty flavors that distinguish it from other competitors Laziz Pizza has grown over the years to grasp more market share making it more attractive to franchisees. This article aims to discuss the number of expenses one has to incur to own a Laziz Pizza franchise, and the feasibility of the business, among other details, in the year 2024.
Table of Contents
About Laziz Pizza
Incorporated on August 15, 2013, Laziz Pizza is an Indian pizza restaurant and food chain company, operating under Laziz Food & Beverages from Kolhapur, Western Maharashtra. The brand has received accolades for its quality pizza and was conferred the Pizzeria Chain 2018 India award by Global Magazine Staffordshire United Kingdom. Laziz Pizza was in the food industry with many outlets having been opened across India and Nepal having a partnership with Coffee Day where the company plans to offer pizza and coffee jointly to the customers.
Key Facts about the Laziz Pizza Franchise
- Brand Name: Laziz Pizza
- Industry: Food and beverage
- Number of Outlets: 100+
- Franchise Cost: ₹7 to ₹10 lakhs.
- Profit Margin: about 30 percent.
- Space Required:
- Kiosk Model: Minimum 200 sq. ft.
- Outlet Model: 350 to 500 square. ft.
- Franchise Agreement: 5 years
- Official Website: https://lazizpizza.com/
Laziz Pizza Franchise: Some Facts Concerning the Franchise Ownership
Unique Offerings: The specialization of Laziz Pizza is pizza delivery and takeaway, offering variety of pizzas from simple vegetable options, focusing on offering different and cheap pizza recipes for all tastes.
Raw Material Supply: To maintain the quality and taste they use a central location of supply to control all the outlets they have ever established.
Employee Training: Training is provided to the franchisees and their employees and this ranges from the preparation of the pizzas to management of clients.
Cost-Effective Model: The franchise model does not require high overheads with the least operations happening while eradicating the requirement of skilled chefs.
Support System: The clients are on the receiving end by enjoying marketing, business running, sourcing of supplies, and restaurant establishment services from the backbone corporate group. Of the particular contractual arrangements, one will note that royalty fees are not charged; the franchises collect all profits
Can You Afford a Laziz Pizza Franchise Cost?
Here’s a detailed breakdown of the costs involved in starting a Laziz Pizza franchise:
- Franchise Fee: ₹5 lakhs + GST, covering brand use, recipes, and training.
- Fixed Cost: ₹2 to ₹5 lakhs for furniture, interior, and exterior design.
- Initial Stock: ₹1 to ₹2 lakhs for initial pizza supplies and other items.
- Shop Deposit: ₹1 to ₹2 lakhs, depending on location and size.
- Marketing Fee: ₹50,000, allocated for advertising and promotional activities.
- Working Capital: ₹1 to ₹2 lakhs for day-to-day expenses and employee wages.
Summary of Costs
Expense | Cost |
Franchise Fee | ₹5 lakhs + GST |
Setup Cost | ₹2 to ₹5 lakhs |
Initial Stock | ₹1 to ₹2 lakhs |
Shop Deposit | ₹1 to ₹2 lakhs |
Marketing Fee | ₹50,000 |
Working Capital | ₹1 to ₹2 lakhs |
Total Investment | ₹7 to ₹10 lakhs |
How Profitable is the Laziz Pizza Franchise?
- Monthly Revenue: An average Laziz Pizza franchise can generate ₹8 to ₹12 lakhs in revenue, depending on the location and customer traffic.
- Gross Profit Margin: Approximately 30%.
- Net Profit Margin: After accounting for operating costs, the net profit margin ranges from 20% to 25%.
- Monthly Earnings: Net earnings are estimated at ₹1.6 to ₹3 lakhs per month.
- Return on Investment: The expected ROI period is between 12 and 18 months.
Summary of Revenue and Profit
Metric | Amount |
Revenue Per Month | ₹8 to ₹12 lakhs |
Gross Profit Margin | 30% |
Net Profit Margin | 20% to 25% |
Profit per Month | ₹1.6 to ₹3 lakhs |
Return on Investment | 12 to 18 months |
Requirements of Laziz Pizza Franchise
Age and Education:
- Age: Age minimum of 21 years.
- Education: Some basic educational requirements are essential for the job.
Financial Stability:
The deepest pocket which can afford ₹7, 00, 000 to ₹ 10, 00, 000 for both initial set up and recur Sexo
Business Experience:
Minimum experience is not essential appropriate training is available.
Required Space:
- Kiosk Model: Minimum 200 sq. ft.
- Outlet Model: 350 to 500 square. ft.
Location: The most appropriate places include business districts, close to institutions, markets, bus stops, and railhead stations.
Required Staff: It employs 3 to 4 qualified employees who have undergone the Laziz Pizza training program.
Required Documents
To apply for a Laziz Pizza franchise, you need the following documents:
- Franchise Application Form
- Business Plan
- Identification Proof
- Address Proof
- Legal Documentation
- Franchise Agreement
- GST Registration
- Shop Act and Trade License is as follows :
- FSSAI License
How to Start a Laziz Pizza Franchise?
Steps to Apply:
1. Visit the official website: Laziz Pizza Franchise
2. Customers are required to download and fill out the Franchise Application Form.
3. Submit the required documents.
4. For inquiries, you can reach the franchise team through the following phone number: +91 9527858606, Email ID: lazizfranchise@gmail.com
The franchise team will go through your application and will be in touch with you in few days.
Laziz Pizza Franchise: pros and cons
Pros:
Established Brand: Specializing in tasty and delicious pizzas with exquisite and combination recipes.
Support: Significant training and felid operational preparation.
No Royalty Fees: No taking away or cutting down of profits by anyone or anything.
Business Model: Inexpensive with numerous forms of support.
Cons:
Competition: The pizza market is anyway quite competitive in nature.
Initial Investment: Involves extensive capital when initiated so as to expand the business.
Location Dependent: Depending on the outlet’s location, success is an achieved result.
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Conclusion
In Conclusion, Laziz Pizza Franchise Cost, Profit and How to Start in 2024? The opportunity to start your business as a Laziz Pizza franchise makes it a great chance for an outstanding start. Having a good brand identity, offering a variety of products, and having good backing, Laziz Pizza Franchise is likely to be very profitable and has the potential for future expansion. This explains why Centre Rock capital investments although costing high in the start and escalated competition in the market, is a good business model and the franchisees do not pay any royalty fees.
FAQ
How much is required to open a Laziz Pizza franchise?
It has been reported that total investment varies between ₹7 to ₹10 lakhs which includes the franchise fees, costs for setting up the store, equipment, shop rent deposit, marketing fees, and working capital for initial stock.
Is the Laziz Pizza franchise business good for business?
Indeed, it is very much remunerative, with average monthly incomes varying between ₹8 to ₹12 lakhs and net profits of about 20 to 25 percent. The payback period the kind of return on investment is within 12-18 months.