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Home Editorial Opinions

Start Your Own Quick Service Restaurant Under Just Rs. 5 Lakhs

Eva R Sachdeva by Eva R Sachdeva
March 22, 2020
in Editorial Opinions
A A

Are you looking to start your own restaurant chain? Nowadays, a quick-service restaurant more commonly known as ‘fast food restaurants’ are gaining popularity for their easy service options. In India, KFC, Pizza Hut and Dominos to name a few accounts for these quick-service restaurant types that are easy to manage as well. And guess what? You can now start your own for a budget that is less than Rs. 5 lakhs.

The QSR format is known to be a typical one followed by many countries since the return on investment or ROI is high. Hence, you can expect a good profit out of the services you offer if you can market it right and provide smooth operations to your target audience. On average, you should have between 100 to 150 orders to make your plan sustain in the long run.

How Can You Open a Quick Service Restaurant in India?

To open your own fast-food chain in India, follow the below-mentioned steps for a lucrative business,

  • Choose a location that is bang in the middle of your city’s hotspot and gets visitors and tourists on a daily basis. The ideal spot would be close to shopping outlets.
  • Ensure that you have all the legal licenses acquired. Some of the important ones include the Food license from FSSAI, GST registration, and Local Municipal Corporation Health License.
  • Depending upon the size of your restaurant, hire staff on board. Ideally, a good restaurant should be above five hundred sq ft. You don’t want your outlet to be too cramped now!
  • Get all your raw materials sorted along with the necessary kitchen equipment.
  • Strategize a well-made marketing plan for your restaurant. There is no scope of popularity without online marketing in today’s world.
  • If you want, you can have an ideal uniform made for your staff.
  • Get a payment system for smooth flow of cashless payments.
  • You can also have Takeaway or Home Delivery options once the business starts blooming. It is always better to look into ‘ease of access’ options for your customers for them to trust your brand and reorder when needed.

Make your dream come true and start your own restaurant chain today. And who knows, you might have the most popular fast-food chain in India giving competition to well-established brands someday!

Source: The Restaurant Times

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