As a food lover, I have always been intrigued by the fast food franchise industry. In recent years, India has seen a massive boom in this industry, with several international and domestic brands vying for a share of the market. I have been researching this industry for a while now and have found that One Bite food chain is a cost-effective and profitable option for those looking to own a fast food franchise in India. In this article, I will be discussing the benefits of owning a One Bite franchise, steps to owning one, and how to make it profitable.
Introduction to One Bite Food Chain
One Bite is a fast food franchise that was established in 2016. It operates on a unique model where it offers a limited menu of snacks and beverages that can be prepared quickly and easily. This model has proved to be successful, and One Bite has expanded rapidly in the last few years, with over 150 outlets across India. The company’s motto is to provide affordable and tasty food, and it has been able to achieve this by keeping its menu simple and prices low.
The booming fast food franchise industry in India
The fast food industry in India has witnessed tremendous growth in recent years. According to a report by Statista, the revenue in the Indian fast food industry is projected to reach USD 27.6 billion by 2023. This growth can be attributed to various factors such as rising disposable incomes, changing lifestyles, and increasing urbanization. The fast food industry has also been able to adapt to the changing preferences of Indian consumers by introducing vegetarian and healthier options.
Factors to consider when choosing a fast food franchise
Choosing a fast food franchise can be a daunting task, given the numerous options available in the market. There are several factors to consider before investing in a franchise, such as the brand’s reputation, franchise fees, location, and support provided by the franchisor. It is also essential to research the market and understand the demand for the brand’s products in the chosen location.
One Bite: A cost-effective fast food franchise option
One Bite is one of the cheapest fast food franchise available in the market. The initial investment required to set up a One Bite outlet is around INR 5 lakhs, which includes the franchise fee, equipment, and inventory. The company also offers flexible payment options, making it easier for potential franchisees to invest. One Bite’s menu is designed to be simple, with a focus on snacks and beverages that can be prepared quickly and easily, reducing the need for specialized equipment and staff. This makes it an affordable option for those looking to start a business in the food industry.
Franchise Fees we are Charging for Different Models available @OneBite are ;
Take away Model
- ROI- 9- 12 months
- Area- 120- 200 sq. ft
- Franchise Fees- 4.5 Lacs + GST
- Total Investment:- 9 to 10 Lacs
Stand Alone/ High Street Model
- ROI- 12-15 months
- Area- 200-500 sq. ft
- Franchise Fees- 5 Lacs + GST
- Total Investment:- 12 to 14 Lacs
Dine–in Model
- ROI- 15-18 months
- Area- 600-1000 sq. ft
- Franchise Fees- 5 Lacs + GST
- Total Investment:- 15 Lacs
The benefits of owning a One Bite fast food franchise
Owning a One Bite fast food franchise comes with several benefits.
- Firstly, the brand is well-established and has a loyal customer base, reducing the risk of failure.
- Secondly, the company provides support to its franchisees in the form of training, marketing, and advertising. This support ensures that the franchisee is equipped with the necessary skills and knowledge to run the outlet successfully.
- Thirdly, One Bite’s menu is designed to be affordable, making it accessible to a wider customer base and increasing the chances of profitability.
Steps to owning a One Bite fast food franchise
The process of owning a One Bite fast food franchise is straightforward. The first step is to visit their website and fill out the franchise application form. Once the application is approved, the franchisee will be required to sign a franchise agreement and pay the franchise fee. The next step is to identify a suitable location for the outlet, keeping in mind factors such as footfall, accessibility, and competition. One Bite provides support in identifying the location and setting up the outlet. The final step is to undergo training provided by the company and start operating the outlet.
How to make your One Bite franchise profitable
Making a One Bite franchise profitable requires careful planning and execution. The first step is to identify the target audience and understand their preferences. One Bite’s menu is designed to cater to a wide range of customers, and it is essential to promote the products that are popular in the chosen location. Marketing and advertising play a crucial role in driving footfall to the outlet, and One Bite provides support in this area. It is also essential to ensure that the outlet is well-maintained, and the staff is trained to provide excellent customer service.
The support and training provided by One Bite
One Bite provides comprehensive support and training to its franchisees. The company offers training in areas such as food preparation, hygiene, and customer service. One Bite also provides marketing and advertising support, including promotional materials and campaigns. The company’s support ensures that the franchisee is equipped with the necessary skills and knowledge to operate the outlet successfully.
Success stories of One Bite franchise owners
One Bite has several success stories of franchise owners who have been able to establish profitable outlets. One such success story is that of Mr. Raju, who owns a One Bite outlet in Mumbai. Mr. Raju was able to break even within six months of starting the outlet and has since then been able to establish a loyal customer base. He attributes his success to the support provided by One Bite and the simplicity of the menu.
Conclusion: Why One Bite is the recipe for franchise success in the Indian market
In conclusion, One Bite is a cost-effective and profitable option for those looking to own a fast food franchise in India. The company’s unique model, affordable menu, and comprehensive support make it an attractive option for potential franchisees. One Bite’s success stories are a testament to the brand’s reputation and the support provided by the company. I highly recommend One Bite to anyone looking to start a business in the fast food industry in India.