Are you finding an Indian food franchise to open? Well, let me introduce you to something cool – the Wah Ji Wah franchise. They’ve got more than 60 outlets all across India, and get this, 35 of them are right there in Delhi NCR. They’re known for serving up all sorts of yummy Indian dishes, and people just love their Soya Chaap.
Today, we’re going to discuss Wah ji Wah franchise cost, profit potential, and how you can actually get started with the Wah Ji Wah franchise. So, let’s start!
Wah Ji Wah Franchise Cost
Starting a franchise requires an initial investment, and the Wah Ji Wah franchise is no exception. The franchise cost for Wah Ji Wah is 14 lakh for the initial, and a franchise fee of ₹600,000 rupees + GST (including 1.5 lakh for raw material) . To set up a Wah Ji Wah outlet, a minimum area of 300 square feet is required. Additionally, a royalty of 5% + GST on sales will be charged.
Let’s break down the franchise cost:
|Particulars||Amount (Dine-In Model)|
|Franchise Fee||₹6,00,000 rupees|
|18% GST on Franchise Fee||₹1,08,000 rupees|
|Machinery and Kitchen Equipment||₹3,50,000 rupees|
|Interior, Civil Work, and Furniture||₹3,00,000 rupees|
|Other Expenditure (POS, Marketing, Misc)||₹42,000 rupees|
|Total Investment||₹14,00,000 rupees|
The franchisor provides the raw materials in frozen form, and they also offer training for workers and software training on billing and inventory management software. Moreover, the franchisor provides full support throughout the setup process. To get started, you will need various documents, including company registration, drawing of the civil work, FSSAI registration, PAN card, and GST number.
Wah Ji Wah Franchise Profit: Return on Investment
Now that we’ve discussed the investment required, let’s delve into the potential profit of a Wah Ji Wah franchise. To analyze the profit margin, let’s consider an example where the outlet achieves sales of ₹3,00,000 rupees, equivalent to ₹10,000 rupees per day.
Here’s a breakdown of the profit calculation:
|Gross Sales||₹3,00,000 rupees|
|Food Cost @50%||₹1,50,000 rupees|
|Electricity and Water Supply||₹10,000 rupees|
|Salary of Workers and their Expenses||₹50,000 rupees|
|Aggregator Commission (Zomato, Swiggy)||₹10,000 rupees|
|Royalty @5%||₹15,000 rupees|
|Other expenses||₹10,000 rupees|
|Net Profit||₹30,000 rupees|
Based on this calculation, the profit margin for a Wah Ji Wah franchise with sales of ₹3,00,000 rupees is 10%. It’s important to note that initially, the outlet may have lower profits, but with proper local marketing and branding, the sales can increase to ₹5,00,000 rupees per month, resulting in a profit margin of 30% on sales.
The success of a franchise depends on several factors, including location, food quality, and service. To maximize your chances of success, consider opening your Wah Ji Wah outlet in a high footfall area, preferably in the main market of that location. A corner outlet is often the most desirable option. Targeting areas near colleges, corporate offices, or places where young people love to have Indian food can also be a strategic choice.
Check Out: How to Get Subway Franchise in India?
How to Start Your Wah Ji Wah Franchise?
So, you’ve made the decision to start a Wah Ji Wah franchise. You can head over to the official Wah Ji Wah franchise website and fill out the form there. Alternatively, you can also directly get in touch through email or by calling their mobile number.
Frequently Asked Questions
What is the investment required for a Wah Ji Wah franchise?
The investment required for a Wah Ji Wah franchise varies depending on the location and size of the outlet. However, it generally ranges from Rs. 10 lakhs to Rs. 20 lakhs.
What are the benefits of opening a Wah Ji Wah franchise?
Wah Ji Wah franchise is a successful and well-established brand, can Access to Wah Ji Wah’s proven recipes and food preparation techniques and potential to generate high profits
How do I apply for a Wah Ji Wah franchise?
To apply for a Wah Ji Wah franchise, you can visit the Wah Ji Wah website or contact the franchise department directly. You will need to provide information about your financial background, experience, and location preferences.