Is the Jogeshwari Misal Franchise Cost Within Reach? in 2024

Are you looking for a food business with very low competition that leads you to make more profit? Look no further. Jogeshwari Misal is offering franchise opportunities for interested entrepreneurs. Explore: Is the Jogeshwari Misal Franchise Cost Within Reach? in 2024 to learn detailed investment information, what is profit potential, Roi, what are the requirements, and how to apply for a franchise. 

About Jogeshwari Misal

Jogeshwari Misal was a Misal restaurant in Pune that serves genuine Maharashtrian food. This independent company was founded in 2014 by its founder Sachin Hargude. Currently, It is operating 150+ outlets in India. From a single outlet to 150 outlets within 9 years is considered a big growth in the food and beverage industry. Since the beginning, the restaurant has been focused on providing outstanding Maharashtrian food such as misal pav to consumers in Pune while also growing its name. When visiting this region of Maharashtra, make a stop at Jogeshwari Misal for some genuine misal.

Key Details of Jogeshwari Misal Franchise

• Company Name: Jogeshwari Misal
• Founded year: 2014
• Number of Outlets: 150+
• Jogeshwari Misal Franchise cost: 10 to 20 lakh
• Franchise Fee: 3 lakh +GST
• Profit margin: 40 to 60%
• Required Space: 700 Sq ft
• Franchise Agreement: 5 years

What is the cost of a Jogeshwari Misal franchise?

• Franchise Fee: To acquire the franchise rights of Jogeshwari Misal, you have to pay a one-time payment of 3 lakh plus GST.
• Setup Cost: To set up an outlet of Jogeshwari Misal according to brand requirements, it costs 4 to 6 lakh, including equipment, furnishings, and initial inventory.
• Working Capital: Until you start making a profit from a franchise outlet, you need to have an additional 2 to 5 lakh to cover ongoing expenses such as rent, utilities, and employee salaries.
• Royalty Fee: As a franchisee, you need to pay a royalty fee of 10% of your monthly revenue to the brand for marketing, branding, training, and ongoing support.
• Franchise Agreement: The franchise agreement duration is a minimum of 5 years, operating under the brand.
• Initial Investment: A total investment of 10 to 20 lakh is required to open a franchise outlet in your location. 

The cost information we mentioned may vary depending on location, market conditions, and specific requirements. To know the exact cost based on your location directly reach out to Jogeshwari Misal.

Is Jogeshwari Misal Franchise Profit Worth the Investment?

• Initial Investment: The franchisee should be prepared to invest between Rs 10 and Rs 20 lakh to start their franchise outlet. It includes the franchise fee, setup cost, initial inventory, working capital, and other expenses.
• Profit Margin: You can expect a profit margin of 40 to 60% of the total revenue.
• Profit per Month: The franchisee can earn approximately 2 lakh profit per month, depending on factors such as location, operational efficiency, and customer demand.
• Return on Investment: As a franchisee, you recover your initial investment within 1 year. 

Requirements to Start a Franchise

• Initial Investment: To be a franchisee of Jogeshwari Misal, you need to have the ability to invest 10 to 20 lakh.
• Required Space: You need at least 700 square feet of space to open a franchise. You may need more space if you want to open a franchise outlet near the main road.
• Location: You need to choose areas with high foot traffic, like markets, commercial areas, and those near the main road.
• Business Experience: To run a food business, you need to have basic business skills to manage operations effectively. If you have prior experience, that’s helpful to you.
• Passion for Food: A genuine interest in working with Jogeshwari Misal for food and a desire to serve delicious meals. 

Required Documents

• Identification: A government-issued personnel document is needed, like an Adhar card, PAN card, or voting card.
• Address proof: The franchisee’s utility bills, rental agreements, or other valid documents are required.
• GST Registration: Obtain a Goods and Services Tax (GST) registration certificate.
• Food License (FSSAI): Ensure compliance with food safety regulations by obtaining an FSSAI license.
• Fire Safety Certificate: Verify fire safety compliance for your premises.
• Health and Sanitation Clearance: Obtain clearance from health authorities.
• NOC from the landlord: If you’re renting the space, get a No Objection Certificate (NOC) from the landlord.
• Income Tax PAN: Obtain a Permanent Account Number (PAN) for tax purposes.
• Financial Statements: Prepare financial statements (balance sheet, profit and loss statement) for the past few years (if applicable).
• Lease Agreement: If you’re leasing the premises, have a valid lease agreement. 

Training and Support 

Training Period: Before starting the Jogeshwari franchise outlet, owners or staff need to undergo complete training for 1 to 3 months at the main branch located in Kesnand, Wagholi, Pune. This is about operating a Jogeshwari Misal outlet, including food preparation, customer service, inventory management, and others.

Operational Support: Franchise owners will receive ongoing support from the brand. This includes assistance with marketing and promotional activities, troubleshooting operational challenges, and accessing resources to enhance the business performance of the franchise. 

Variety of foods at the franchise of Jogeshwari Misal

The following are the menu items available at a typical Jogeshwari misal franchise.

Dahi Misal, Garam Mataki Bhel, Farsan Plate, Jambo Bun, Mataki vati, and Solakadi are among the original local delicacies on the menu. Chatakdar Matki Bhel, Special Misal Farsan, Special Farsan, Masala tak, Gulabjam plate, and several tea and coffee options are also available.

How to Contact Jogeshwari Misal for the franchise?

• Visit the official website of Jogeshwari Misal.
• Look for the option Contact for the franchise in the navigation bar.
• Click on it, read the given details about the brand, and scroll down. You will find the franchise application form.
• Fill out the form correctly to clarify your query regarding the franchise opportunity.
• Submit the form and wait until you receive a reply.
• Alternatively, you can directly contact Jogeshwari Misal through a Phone call or WhatsApp text using the given phone numbers: +91 8668997161 +91 9405854060. 

Why Should You Invest in a Jogeshwari Misal Franchise?

• Established Brand: Jogeshwari Misal is a well-known brand in Maharastra. Currently, it is operating 150+ outlets in India successfully with a proven business model. Working with Jogeshwari Misal brings you definite success.
• Unique Concept: The brand offers the unique concept of specializing in misal and bhel. This food is very famous in South India. If you start this in your location, you will find success.
• Location: For this franchise, you do not need to have an exact location like a market, mall, or any other. Simply put, you can start on this side of the main road.
• Affordable Investment: By investing 10 to 20 lakhs, you can earn a handsome profit of 40 to 60%.
• Quick ROI: Within a year, you make a return on your initial investment, which is relatively quick compared to other brands.
• Comprehensive Training and Support: Before you start operating your business, your staff will be trained by the brand. Also, Jogeshwari Misal offers ongoing support to the franchise outlet. 

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Conclusion

In conclusion, Is the Jogeshwari Misal Franchise Cost Within Reach? in 2024. It is a well-known brand in Maharastra, and now it is getting famous all over India. With its unique and growing brand, it is well-known for its snacks. Due to the low initial investment of approximately 15 lakhs, it is the best option for entrepreneurs looking to launch their first business, with a 40% profit and return on investment in 1 year. Along with brand support and training.

FAQ

Disclaimer: The information provided in this article is generalized and for educational purposes only. Please conduct due diligence before taking any franchise or business decision. We do not guarantee any profits or results from this data.