Tibbs Frankie is one of the very few brands in the street food scenario, that has managed to command such a widespread appeal and reputation. Established in Mumbai, in 1967 by Amarjit Singh the brand is currently synonymous with scrumptious delicious Indian fast food offered at economical rates. It has become an urban legend over the years, Tibbs Frankie is now one of the most popular food franchises in India stationed in every retail complex. Opening a Tibbs Frankie Franchise outlet could be your potential break to enter the food and beverage sector.
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About Tibbs Frankie
Tibbs Frankie is one of the old names in Indian fast food, famous for Frankie as they call it which are rolls loaded with fillings. According to Crabar, its popularity comes from its one-of-a-kind spice blend and high-quality ingredients that provide on-the-go dining without sacrificing quick satisfaction. Tibbs Frankie, which has a legacy of more than five decades in India took the hearts of food lovers away. The brand has done so well despite its success with pioneering Innovation because it holds onto nostalgia, which drags a very wide demographic of fans from everyone.
Key Details of Tibbs Frankie Franchise
Brand Name: Tibbs Frankie
Industry: Food and Beverage
Number of Outlets: 300+ across India
Franchise Cost: ₹5 to ₹10 lakhs
Profit Margin: 35% to 40%
Space Required: 100 to 250 sq ft
Official Website: Tibbs Frankie Official Site
Tibbs Frankie Product Range
With a wide range of options to choose from, the menu at Tibbs Frankie Food Truck serves every taste and preference. Different Examples of Popular Categories:
Veg Frankie: For veggie lovers, here you will find some of the all-time favorite vegetarian options like Paneer Frankie, Aloo Frankie, and Schezwan Veg Frankly.
Non-Veg Frankie: Chicken Frankie Mutton Frankie and Egg Frankie
Premium Frankies: These are our specialty frankies, such as the Cheese Frankie, BBQ Chicken Frankie, and Paneer Tikka Frankie
The brand’s focus on high-quality ingredients and a consistent taste profile have made its products a hit among customers.
Tibbs Frankie Franchise Models
Tibbs Frankie offers two franchise models to prospective investors, each catering to different business preferences:
1. Kiosk Model
- Space Requirement: 100-150 sq ft
- Investment: ₹5-7 lakhs
- Ideal for: High-footfall areas like malls, metro stations, and busy streets.
- Features: Compact setup, lower operational costs, and quick service.
2. Standalone Outlet
- Space Requirement: 200-250 sq ft
- Investment: ₹8-10 lakhs
- Ideal for: High-traffic locations like shopping complexes, commercial areas, and near educational institutions.
- Features: Larger space for dine-in customers, higher seating capacity, and an extended menu.
These models offer flexibility depending on the location and business strategy of the franchisee.
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How Much Does the Tibbs Frankie Franchise Cost?
Starting a Tibbs Frankie franchise requires a moderate investment, making it an attractive option for first-time entrepreneurs and seasoned investors alike.
Franchise Fees: ₹2-3 lakhs along with which you will get the rights to use the Tibbs Frankie brand and practices.
Infrastructure Investment: The outlet setup is around INR 3 – 5 lakhs, inclusive of furniture, kitchen equipment with Signage & Interior, etc.
Investment ₹50,000 to ₹1 lakh: For raw material in the first batch, packaging and other consumables aggregate at a range of 50000-100000/-
Equipment Costs: ₹1-2 lakh on kitchen instruments, POS systems and other equipment.
Working Capital: 50k to ₹1 lakh for covering the initial operational costs like paying salaries of staff, monthly electricity bill, and marketing.
In total, the investment required to start a Tibbs Frankie franchise ranges from ₹5 lakhs to ₹10 lakhs, depending on the location and size of the outlet.
| Franchise Fees | 2-3 lakhs |
| Infrastructure Investment | 3-5 lakhs |
| Initial Inventory | 50K to 1 lakh |
| Equipment Costs | 1 to 2 lakhs |
| Working Capital | 50k to 1 lakh |
| Royalty Fees | 4% of sales |
| Total Investment | 5 to 10 lakhs |
| Franchise Agreement Term | 5 years |
Tibbs Frankie Franchise Profit Margin and Return on Investment (ROI)
A high-profit margin is one of the major attractions for a Tibbs Frankie franchise. Profit share to the franchisee operates at a level of from 35% to 40%, depending on variables such as location and operational excellence. ROI is typically met within 10 to 16 months, which provides a relatively quick payback period as compared to other franchise opportunities.
| Profit Margin | 35% to 40% |
| Profit Per Month | 30k to 50k |
| ROI Period | 10 to 16 months |
The key factors contributing to the profitability of a Tibbs Frankie franchise include:
Low Operational Costs: The compact outlet sizing and efficient use of space means that outlets typically have low operational costs, making them more profitable.
High Customer Volume: Being such a popular brand, the lines will stay long going even longer in commercial locations.
Low Price: The price of Tibb’s Frankie helps to get bigger sales as well as repeat customers.
Space Requirements
Tibbs Frankie Outlet Takes Up Very Little Space The High space efficiency of Tibs makes it easier to secure good locations. The space you need to use is broken down like so :
Kiosk Model: 100-150 sq ft Perfect for high-footfall places like malls and metro stations
Standalone Outlet: 200-250 sq ft, ideal for commercial spaces with a good footfall.
Operations should be optimized for speed of service and convenience to the customer, so overall space layout is crucial.
Benefits of Tibbs Frankie Franchise
Investing in a Tibbs Frankie franchise comes with several strategic advantages:
Well-Established Brand: Tibbs Frankie is a popular name within the Indian fast food industry and hence does not require any additional recognition-building as customers are already familiar with its brand.
Rigorous Business Format: For the most part, a well-established business structure should operate that has been through whatever number of movements more than many years… consequently there), and it includes someone who imagined you figured to display its practicality.
End-To-End Support: The franchisee has been provided end-to-end support in terms of training, marketing, and operations which will help to make the process of managing business efficiently.
Low Investment: Making Tibbs Frankie an affordable investment, the minimal capital startup and profitable nature of this business is a real money maker.
Mass Appeal: With a little something for everyone on the menu, the broad clientele base keeps customers coming back again and again.
Documents Required for Tibbs Frankie Franchise
To apply for a Tibbs Frankie franchise, prospective franchisees need to submit the following documents:
Franchise Agreement: A document that defines the terms and conditions of operating the franchise, along with rights and obligations for both parties.
Address Proof: Aadhar Card/PAN card/Photo Identity as per government rules.
Business Registration: Other documents regarding business registration which include the PAN card of your company, Goods, and service tax (GST) Registration certificate to enter into a Banking System also kind of proof from the Address where Your Business is conducted.
Required Financial Documents: Last month’s electricity bill, NOC from local authorities, and fire department clearance certificate.
These documents ensure transparency and help establish a strong foundation for the franchise relationship.
How to Apply for a Tibbs Frankie Franchise?
The process of securing a Tibbs Frankie franchise is straightforward and involves the following steps:
- Contact Tibbs Frankie: Visit the official website or contact the franchise team to express your interest in becoming a franchisee.
- Submit an Application: Fill out the online franchise inquiry form with your personal and business details, including your preferred franchise model and location.
- Documentation Submission: Provide all the necessary documents as outlined above, ensuring that they are complete and accurate.
- Evaluation: The Tibbs Frankie team will review your application and conduct due diligence to assess your suitability as a franchisee.
- Franchise Agreement: If approved, you will be required to sign the franchise agreement, pay the franchise fee, and start preparing your outlet.
- Training and Launch: Once the agreement is signed, you will receive comprehensive training and support to help you launch and operate your franchise successfully.
Also Read: McDonalds Franchise Cost in India, Profit & How to Start 2024
Conclusion
In Conclusion, Tibbs Frankie Franchise Cost, Profit & How to Apply in 2024. The Tibbs Frankie franchise provides a profitable business model in the food sector with an already recognized brand. A Tibbs Frankie franchise is a suitable and lucrative opportunity for those planning to start their own business, as it requires a low investment (“low-cost restaurant”) with unbeatable high-profit margins supplemented by the strong support of the franchisor. BUGSY is a brilliant way for those in the food and beverage industry to start making changes in 2024.
Whether you choose the kiosk model or a standalone outlet, investing in a Tibbs Frankie franchise allows you to tap into the growing demand for convenient and tasty fast food.
FAQs
What is the average cost of setting up a Tibbs Frankie franchise?
The initial investment for a Tibbs Frankie franchise ranges from ₹5 lakhs to ₹10 lakhs, covering setup costs, equipment, and operational expenses.
How long does it take to achieve ROI with a Tibbs Frankie franchise?
Franchisees typically achieve ROI within 10 to 16 months, depending on location, sales performance, and operational efficiency.
What support does Tibbs Frankie provide to franchisees?
Tibbs Frankie offers comprehensive training, marketing support, operational guidelines, and ongoing assistance to franchisees, ensuring smooth business operations and growth.
