fast food business in india We are always ever ready to explore new cuisines and flavours in town because, Indians are crazyy and touched bond with food.. In fact, the Indian food market is the fastest growing industry over23.16 billion USD in 2023 and and is expected to reach 38.71 billion USD by 2029, growing at a CAGR of 8.93%
Read about the fast food chain Source: https://www.mordorintelligence.com/industry-reports/india-quick-service-restaurant-market.
Here is the some questionaires people may ask:
A: Well, cauught me on that one.
This questions comes taking in terrms of trancsactional and financial output. Its not a bad thing beacuse you have the choice to analyze the market potential ownself.
But the data shows our indian fast food business is rapidly growing and expanding some big fast food business caters the market like zomato, swiggy, food panda, burger king, mc donalds etc.
Indian market is very popular and people in india love the fast food very much so this food business in india can ever never be outdate. Keep in mind !
Maximize revenue
Potential food lovers
Great margins
High profitability
In terms of Investments:
The investment required to start a small fast food business is Rs.5 lacs – Rs. 7 lacs (minimum).
FSSAI License
GST Registration
Liquor License
Shop and Establishment Act License
NOC (No-objection Certificate)
Business registration is required to open fast food franchise India:
It recommended to consult with a financial expert CA and tell him about future expansion and business structure.
While getting Business registrations, the CA also applies to PAN Card, once you will get the Pan Card you may apply to Business bank Account for the business transactions.
Hope this blog find useful information, if you need further any queries reach us :
Our Site: www.onelovepizza.in or info@onelovepizza.in