Looking for franchising opportunities for product that never goes out of demand? Want the sales that only go up in all the seasons through the year? Planning to start a franchise with a brand that comes with lower risk and higher profit?
Food franchising is the most feasible form of profitable business opportunity one can avail from the growing market. The hunger for new tastes and varieties of food lovers will never go away anywhere. It is no dyeing that pizza takes a huge slice of the world food market. The simple recipe of using mouth-watering toppings on flatbread has taken world by the storm. Invented in Europe, but now it is so popular across all the other continents that every region has its own versions of pizza.
One of the most consumed fast food in the world is Pizza. Whether one is craving a full-meal, or quick bite, pizza is for all-purpose and all seasons. It is difficult to find someone who can resist a tasty pizza that he can customize as per his taste. If one food item that scores high among both vegetarian and non-vegetarian easter, it is undoubtedly pizza. Nearly 90% of the people of the world consume at least one pizza in a month. So starting a pizza franchise business will not only help in gaining more profit but also enhance your dream of business expansion.
There are hundreds of pizza shops and restaurants working to serve the best and unique recipes of pizza all around the world. While selecting the best among them, one might get confused and sweaty.
Finding the most profitable pizza franchise can be made simple by following few steps, when the world there are plenty of choices available. Clarity on the size, model and vision of your business along with solid market reasons is all that required to zero in on any brand.
Here are 10 steps to find the most profitable pizza franchise
- Find some unique recipes and make an attractive menu
The first step to make your pizza shop the most demanding is to find some rare delicacies which are not been available in the market to date. While Domino’s serve their pizza made by handpicked ingredient thereby making best pizza franchise to eat, and, RedBrick uses Brick oven for baking the dough. Be creative while preparing the menu. The customer is open to basic as well as fusion varieties. An authentic menu with twits is something everyone drool about.
- Choose your pizza franchise brand after a lot of research
There are ample opportunities in the food and beverage sector to create a profitable low-cost pizza franchise in India. There are a lot of brands operating in the Indian market serving millions in their fast-food restaurants and expanding their business by investing in pizza franchise. Some low-cost pizza franchise in India who like to invest in fast food franchising are :
- Pizza hut
- Lazziz pizza
- La pizzeria
Research on their pizza franchise cost and then select the one suitable for you. Find out the franchise model they follow. Be aware of which franchise model suits you the best. Try to find out a brand that matches your long-term goal and vision.
- Strategize a good business plan for your pizza franchise
For every business, you need to have a plan by which you can stay organized and obtain support from the franchisor. You need to do a proper market analysis on the demand of the specific type of pizza and form public relations strategies. Then after reviewing the company, you can opt for financial projection. Find out how well your business plans match with that of the franchisor. Souce or initial investment and reinvestment must be sorted. And, you must ready to align your business plans with the set of franchisors.
- Location matters!
For every business and shops to open, the proper location is very important. Pizza Hut has opened its brand outlet at strategic points which have made it the most popular franchise in Gujarat. The same goes true for Dominos pizza outlets. Try to find an area where a similar pizza franchise is a dearth. A spot that will be easily visible and accessible by the customers. An area where footfall of children and young adults ratio is higher than senior citizens. Also, be clear about the category the pizza brand falls into. A QSR many work well in colleges and university area than a premium brand pizza.
- Meeting with your franchisor
After choosing the type of franchise you are willing to work upon, and reading the disclosure form, and accepting their conditions, the franchisor will invite you for a meetup. Try to know more about the franchisor’s values, policies, and the type of people they are. The franchisor will also try his best to know you and size you up if you are a potential business partner
- Loans from the franchisor
After setting up the locality, you can form the treaty with the franchisor and sign in the deal and the franchise fee. The franchisor will not only provide you ample amount for starting up your business but also will train you in creating the most popular pizza franchise in the market.
- Buy all the tools necessary for the baking
Quality and tests must always be the top goals. High-quality ingredients and resources can pur you above all the competitors. Stock up your shop with all the pieces of equipment necessary for the baking and delivery of food. With proper equipment and tools, your shop will earn the fame of providing the best pizza franchise in India just like Bon Pizza and VIP Pizza outlets.
- Qualified employees
Hire a team of selectively trained personnel who will manage the shop and help you run it effectively. Franchisor can also be helpful during the set-up phase. The franchisor will provide a training program for the individual to learn the system and methods. Make sure you select dedicated and loyal managers for your pizza franchise.
After all the steps are performed efficiently, it’s time for the advertisement of your pizza franchise. Utilize your social media, create an appealing website, create an ad in your local papers and offer discounts and promotions for the first buyers. The unique taste and mouth-watering toppings would create a buzz and you will find more customers flocking under your banner.
- Grand opening
At last, the day arrives when there is a grand opening of your store. After all the training, hiring, processing, remodeling of the interior of the office, advertising has ended, you fix an auspicious date and a certain amount of budget for the opening ceremony. Invite some eminent personnel to your store for the inauguration. Arrange for a small feast with local retailers and promoters.
Following these 10 steps, you can find the best and most profitable pizza franchise in India a then enhance your life and style to a great extent. Pizza franchises on sale are mostly provided by big brands like Domino’s, Pizza Hut, Papa John’s, Little Caesars, and many more. Franchising the pizza brand not only helped them to reach such great heights but also open outlets in more than 100 countries in the world, allowing the people to taste their products more and more!!