In the competitive arena of quick-service restaurants, Jumbo King has distinguished itself by introducing a mouth-watering variation of the vegetarian burgers which is said to be the most loved fast food of India. Dheeraj Gupta founded Jumbo King in 2001 with the vision to target customers who seek affordable fast food without compromising on hygiene or taste. Their main goal is to deliver quality food and earn customer satisfaction however they have focused on expansion and now they offer a franchise which seems pretty promising for future investors.
In this article, we will discuss Jumbo King Franchise investment, Profit Margin, requirements, documents, and How to get Franchise.
Table of Contents
About Jumbo King
| Company Name: Jumbo King |
| Founded By: Dheeraj Gupta |
| Established Year: 2001 |
| Headquarters: Mumbai, India |
| Buisness Sector: Indian Vegetarian Burger |
| Products Offers: Cassic burger, a spicy treat, or a sweet dessert |
| Number of Outlets: 175+ Stores |
| Official Website: Jumbo King |
It was founded with and has the vision to make vegetarian burgers a household and a globally recognized item much like McDonald’s does to its burgers. The brand has been able to permeate through all the major cities in India owing to its increasing target audience lined up for cheap but delicious food by simply following the strategy of QSR (Quick Service Restaurant). There is an emphasis on innovation, quality, and consistency with the product which is convenient for the customer and ensures profit for the franchisee as well.
Key Details of the Jumbo King Franchise
| Brand Name: Jumbo King |
| Industry: Fast Food |
| Franchise Fee: 4 lakhs plus GST |
| Franchise Cost: 35 lakhs to 50 lakhs |
| Profit Margin: 20% to 30% |
| Royalty Fee: 6% on net sales |
| Franchise Agreement: 20 years |
| Space Required: 250 sq ft |
| Franchise: Apply Here |
How Much Does the Jumbo King Franchise Cost?
To start a Jumbo King franchise requires an initial investment between 40 to 60 lakhs including Franchise fees, initial inventory, working capital, infrastructure costs, and others. Here is the complete cost breakdown of the Jumbo King Franchise.
| Franchise Fee | Non-refundable 4 lakhs +GST |
| Security Deposit | 50,000 |
| Infrastructure Costs | 25 lakhs |
| Initial Inventory | 4 to 5 lakhs |
| Kitchen Equipment | 5 to 10 lakhs |
| Royalty Fee | 6% on net sales |
| Marketing Initiative Fee | 4% on net sales |
| Miscellaneous Costs | 5 lakhs |
| Franchise Agreement Term | 20 years |
| Renewal Fee | 10,000 |
| Total Investment | 35 lakhs to 50 lakhs |
Franchise Fee: Activating the Jumbo King business entails a non-refundable franchise fee of about roughly Rs. 4 Lakhs plus GST
Infrastructure Costs: Rs 25 lakhs for booth set up, costing Rs, booth interior design, booth furniture, and other kitchen and laundry equipment.
Equipment: Including Kitchen Appliances, Store Tools, and Others, which are approximately a total of 5 to 10 lakhs.
Initial Inventory: Investing about 4 to 5 lakhs in Raw Materials and Stores that can permit the firm to commence trading.
Miscellaneous Costs: Rent, Marketing, and Wage Salaries which would be in the range of 5 lakhs.
Royalty Fee: Jumbo King charges a royalty fee for franchisee is 6% on monthly net sales for providing advertising and ongoing support.
Marketing Initiative Fee: The Franchisee needs to pay 4% of net sales to the brand as a Marketing fee for Digital marketing, including SEO, PPC, and social media.
Franchise Agreement Term: The Jumbo King franchise agreement is up to 20 years renewable every 5 years charges 10,000.
This new structure helps in better understanding the work accomplished within the project. This investment may vary based on outlet location and size.
Jumbo King Franchise Profit Margin and Return on Investment
| Revenue Per Year | 70 to 80 lakhs |
| Profit Margin | 20% to 30% on sales |
| Net Profit Margin | 8% to 15% |
| ROI Timeline | 2 to 3 years |
Jumbo King franchises usually generate profits between 20% and 30%, depending on the location, the footfall, and the working of the business. With an established brand name and strong customer loyalty, franchisees can look forward to stable revenues.
Fastest payback period with a well-managed and strategically located outlet (2 to 3 years) Sales can be enhanced in high-demand locations such as shopping malls, metro stations, busy marketplaces, etc.
Space Requirements
For standardization and uniform customer experience, Jumbo King has outlet-specific space requirements, such as:
| Minimum Area: 250 sq. ft. |
| Maximum Area: 400 sq. ft. |
The space should include the following:
| Kitchen and cooking area: To make fresh and hygienic food. |
| Counter Service: For hassle-free order placing and delivery. |
| Sitting Area: Optional but best for the comfort of a customer. |
| Storage Facilities: To store and organize materials and equipment. |
An ideal location is highly visible and easily accessible, thus, maximizing footfall and sales.
Advantages of the Jumbo King Franchise
Many unique advantages come with opening a Jumbo King franchise as listed below:
Brand Recognition: Utilize the goodwill and the concern of the consumers on an existing QSR outlet.
Low Asset Requirement: Relatively low set up costs when compared to all QSR outlets.
Total Backing: The franchisee is given adequate training on the business, promotions, and the running of the business.
Large Clientele Base: Due to the increased interest in vada pav, customers will have a sustained demand.
Business Model Available: Take advantage of an already established and successful QSR business model that includes a strong supply chain network.
Documents Required for Jumbo King Franchise
Before you proceed further with your application for the Jumbo King franchise, you must be prepared with the below-mentioned documents:
| Franchise Contract: This is the legal document that states all the obligations and responsibilities of each partner. |
| Verification ID: This may include an Aadhar card, a PAN card, or any official identification. |
| Registration For Business: Ah certificate showing G.S.T registration and a license for shop establishment. |
| Investment Papers: These Are Statements of account and evidence of funds in order to show proof of investment guarantees. |
| Lease Assent: This may be a lease agreement or documents that prove ownership of the proposed site for the outlet. |
How to Apply Jumbo King Franchise?
Getting a Jumbo King franchise is an easy exercise as stated below:
Brand Contact: Please furnish any inquiries concerning the franchise to the support team or check out their site for more information.
Application Form: The application should include both personal and business information, filled out the online form.
Document Filing: It’s necessary to submit the necessary documents in order to receive a form of verification.
For Determination: The team associated with the brand will upon submission of an application review it and the location detailed.
Signing Off The Agreement: After due scrutiny of the application and documents, approval is to be granted, sign the franchise agreement, and also the payment of the franchise fee.
Setting up and Training: Jumbo King has prepared all outlets in accordance with their standards, additional instructions were issued in train.
To Start Off: Your outlet has the readiness to operate with the ongoing support of the brand and we shall cut the ribbons.
| Official Website | Jumbo King |
| Franchise Application | Apply Here |
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Conclusion
The chance to establish themselves in the rapidly growing QSR market in India is made possible by the Jumbo King franchise opportunity to the prospective businessman. Also, a decent branding presence in the competitive landscape, low investment cost for entry into the competitive environment, and good support make the needs of the franchise easy to meet sufficiently. Jumbo King is fated to steadily grow and expand – it has been lovingly made to provide an innovative twist to a timeless classic that already has millions of fans.
To enter the food business with a strong partner are the ones I would look Jumbo King franchise, as the best choice.
FAQs
What is the initial cost of opening a Jumbo King franchise?
The total investment varies anywhere in a between of 35 lakhs to 50 lakhs Indian Rupees and includes the costs of setting up the outlet, purchasing starting equipment and operational expenses.
What is the time duration in which Jumbo King franchise owners can expect their Returns On Investment?
The revenue that would repay the investor’s funds can be received sooner than 2 years but not longer than 3 years at most and this is influenced by the geographical area chosen, the volume of sales as well as how management operates the business.
What business assistance does Jumbo King provide their franchisees?
Various forms of training, marketing material, standard operating procedures, and other routine help are required to open and run the business in a successful and efficient manner.
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