Top 7 Best Food Franchise under 10 lakhs in India in 2024

About Food Franchise under 10 lakhs in India

Starting a business is the dream of many entrepreneurs in India. Today, they are still confused about which sector is more profitable and in which sector they can start their business with low investment. And what kind of business promises evergreen success? Bestfranchiseconnect answers all your questions, and your search for business opportunities ends here. 

With the growing demand for high-quality, healthy, and hygienic-cooked food everywhere, Concerned about this opportunity, you can start your own business in the food sector or fast food sector. This is an evergreen business that never stops profiting the owner.

The next question in your mind is how to find which food is best to start, how to start, and where to set up. For these questions, the answer is franchise. Here are the top brands offering franchise opportunities with all the support, from choosing a location to setting up, opening ceremonies, ongoing support, training, advertising, and operating outlets. 

For you, BestFranchiseconnect brought you researched, profitable, affordable franchise opportunities. Top 10 Best Food Franchises under 10 lakhs in India in 2024.

Top 10 Best Food Franchise under 10 lakhs in India in 2024

1. Momomia Franchise

• Brand Name: Momomia
• Industry: Fast Food
• Number of Outlets: 200+
• Franchise cost: 7.5 to 10 lakh
• Net Profit Margin: 45%
• Space required: 150 to 300 sq ft
• Royalty Fees: 5%
• Franchise Agreement: 5 years

Momomia is a Northeast fast food brand serving delicious momos through 200+ outlets in India. It helps in choosing locations, a complete team for setting outlets and managing, supplies all raw materials to each franchise, freedom to add other food items apart from Momos, two well-trained chefs from the brand, help in tie-ups with food delivery platforms, an FSSAI Food license, a net profit margin of 45% on each sale, and within 8 months returns on the initial investment. Momomia is the best food franchise under 10 lakhs in India offering two franchise models.

2. Burger Ka Theka Franchise

• Brand Name:  Burger Ka Theka
• Industry: Fast Food and Beverages
• Number of Outlets: 5+
• Franchise cost: 8 to 12 lakhs
• Profit Margin: 35 to 40%
• Space required: 150 to 600 sq ft
• Royalty Fees: Zero
• Franchise Agreement: 5 years

Burger Ka Theka is a Desi Indian Burger brand famous for serving Indian-style crispy, spicy, very non-vegetarian variety of burgers. It offers franchise opportunities without charging royalty fees or profit shares. Offering comprehensive support and training, the profit margin is 30 to 40% per sale. Burger Ka Theka is the best food franchise, offering two franchise models under 10 lakhs in India. Burger Ka Theka franchise models are Food Court and Dine In.

3. ZippyFeed Franchise

• Brand Name: ZippyFeed
• Industry: Fast Food
• Number of Outlets: 80+
• Franchise cost: 5 to 25 lakh
• Gross Profit Margin: 60%
• Space required: 150 to 600 sq ft
• Royalty Fees: Zero
• Franchise Agreement: 5 years

ZippyFeed is an Indian fast food brand that serves high-quality, hygienic food at an affordable price. Established 80+ outlets in India. Offering franchise opportunities with comprehensive training to the employees, there is no royalty fee. Zippyfeed food franchise under 10 lakh offers two franchise models: cafe and lounge franchise models in India.

4. Wow Momo Franchise

• Brand Name: Wow Momo
• Industry: Fast Food
• Number of outlets: 300 in 25 cities
• Franchise Cost: 8 to 10 Lakh
• Franchise Fee: 25000 Plus GST
• Space required: 250 to 300 Sq ft
• Profit Margin: 40 to 50%
• Profit per month: 1 lakh to 2 lakh
• Return on Investment: 8 to 10 months
• Franchise Agreement : 3 years

Wow, Momo is a North Indian brand that has established 300+ outlets all over India. Its menu offers thukpa, fried rice, and more. The franchisee and staff are trained by the brand. Also provides support while choosing a location, a blueprint for setting up an outlet, ongoing support, and others. ensures a 40–50% gross profit margin on each sale. Within a year, the franchise can recover the initial investment. Wow, Momo is a fast food franchise under 10 lakhs in India.

5. Zorko Franchise

• Brand Name: Zorko
• Industry: Food Industry
• Number of Outlets: 170+ outlets
• Franchise cost: 8 to 9 lakhs
• Profit Margin: 50 to 60%
• Royalty fees: Zero
• Return on Investment Period: 9 to 12 months
• Space required: minimum 100 sq ft

Zorko is an Indian fast food brand that serves only vegetarian foods. It established more than 170+ outlets in India. Zorko does not charge any royalty fee or profit share for branding, marketing support, or ongoing support. It provides all raw materials, training, a pocket-friendly menu, free digital support, and a chefless kitchen model. Zorko is the top food franchise under 10 lakhs in India. 

6. Belgian Waffle Franchise

• Brand Name: The Belgian Waffle Co.
• Industry: Food Industry
• Number of Outlets: 450+ in 160+ cities
• Franchise cost: between 10 to 20 lakhs
• Profit Margin: 18 to 25%
• Royalty fees: 8.5%
• Space required: 80 to 250 sq ft
• Franchise Agreement: 3 years

The Belgian Waffle Co. is an Indian brand that has established 450+ stores in 160+ cities. Proven business model along with training for employees and complete ongoing support, marketing, and advertising support by the brand to franchisees With a net profit margin of 18 to 25%, the Belgian Waffle Co franchisee can recover the initial investment in 13 to 15 months. The Belgian Waffle Co., a food franchise under 10 lakhs in India, offers Kiosok franchise models. 

7. Monginis Franchise

• Brand Name: Monginis
• Industry: Bakery and Pastry
• Number of Outlets: 40,200 in the world
• Franchise Fees: 4.5 lakh
• Franchise cost: 10 to 12 lakhs
• Profit Margin: 25 to 30%
• Space required: 250 to 500 sq ft
• Royalty fees: 20%
• Franchise Agreement: 3 years

Monginis is a well-known and trusted brand for serving bakery foods, founded in 1956. It offers a wide range of products, including cakes, pastries, chocolates, and savories. For the franchisee, it provides training and support, and cake and food items are supplied by the brand the franchisee needs to sell. Franchisees can expect a profit margin of between 25 and 30% on each sale. Within 1.5 to 2 years, the Mongnis franchisee can recover the initial investment.

Conclusion

In conclusion, the Top 7 Best Food Franchises under 10 lakhs in India in 2024, the top 7 franchises we have highlighted or chosen for you are excellent franchise opportunities for aspiring entrepreneurs to start their own successful businesses in the fast food, food, or beverage sectors. These franchises don’t require a large initial investment. These top 7 franchises provide strong brand recognition, solid support systems, and the potential for good returns. Whether you are looking to open a kiosk, a small shop, or a food truck, these affordable franchises can help you turn your passion for food into a profitable business.

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