Saturday 27 May 2017

Profitable prospect of owning a burger franchise


Burger franchise owners are high betting high in recent time. As per reports Indian food and beverage is forecasting to generate huge revenues in coming years. It accounts for US $ 1.2 billion in 2016 and projected to growth at 20 per cent in upcoming years. The whole F&B industry is segregated into two segments viz. Organized and unorganized. Burgers are offering in both the segments, Rs 1000 crore is the total estimated market by 2017 out of which 35 per cent sales is comes from unorganized share which is quite interesting. Number of national and international players has outstandingly performed in recent times. But actually plenty of new entrants have really turned the fortunes of money-making industry. Box-o-Burger a new comer in industry famous for offering delicious burgers has gained exceptional popularity in short span of time.
For continuous growth emerging brands are capitalize high on franchise business model. Major food franchisees are likely to expand services as quick as possible. Over the past year number of small and medium enterprises has been increases and their numbers touches to thousands in Mumbai alone. Hence burger franchise has certainly a bright future on Indian landscape. An entrepreneur who has potential to explore new opportunities then a booming market is waiting ahead.         

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