Hello Guys, Today we will read about the Jumbo King Franchise Business. If you want to start a business in a Fast food. Then, you can go for the Jumbo King franchise. It is the best decision for you and your upcoming future. In this post, we will talk about the total investment of a Jumbo King franchise, Jumbo King franchise Profit or loss, Space required for the Jumbo King franchise, and more about how to get a Jumbo King franchise in India in 2023.
Company Details of Jumbo King
The Jumbo King brand was started on 23 August 2001 by Dheeraj Gupta. Jumbo King was established on 23 August 2001 in Malad, Mumbai, India.
| Website:- | https://www.jumboking.co.in/ |
| Founders:- | Dheeraj Gupta |
| Headquarters:- | Malad, Mumbai, India |
| Product:- | sandwiches, Burgers, Drinks, and Ice cream. |
| Industry:- | Public Company |
| President:- | Dheeraj Gupta |
| CEO:- | Dheeraj Gupta |
Benefits of the Jumbo King franchise
Jumbo King is a popular vegetarian burger chain in India. The company offers a number of benefits to its franchisees, including A proven business model Jumboking has been in business over 20 times and has a successful track record. This means that franchisees can be confident that they’re investing in a solid business model. A strong brand Jumboking is a well-known and admired brand in India. This gives franchisees the advantage of tapping into a client base. Access to a wide range of coffers Jumboking provides its franchisees with access to a wide range of coffers, including training, marketing support, and force chain operation. This helps franchisees to save time and plutocrat and to operate their businesses more effectively. occasion for growth Jumboking is a growing company with plans to expand its operations in India and overseas. This gives franchisees the occasion to grow their businesses along with the company.
Products of Jumbo King Franchise
- Burgers
- Thick Shakes
- Fries
- Softy
- Vada Pav
Requirements for a Jumbo King franchise
Here are the requirements to become a Jumbo King franchisee:
- Investment: The initial investment for a Jumbo King franchise is around INR 25 lakhs.
- Location: The franchise must be located in a high-traffic area with good visibility.
- Experience: The franchisee must have some experience in the food and beverage industry.
- Management skills: You must have strong operation chops and be suitable to run a successful business.
- Education: The franchisee must have a minimum of 10+2 education.
- Age: The franchisee must be at least 21 years old.
- Personal Attributes: The franchisee must be a self-motivated and driven individual with a passion for food and customer service.
Eligibility for a Jumbo King franchise
- The owner should follow all terms and conditions of Subway company.
- You must have proper money Investment to open this franchise.
- Must have a proper space in a good location for the outlet.
- The owner must have knowledge of running an outlet.
- The applicant’s age should be more than 21 years old.
Jumbo King Franchise Cost in India
The cost of a Jumbo King franchise depends on many factors like a franchise fee, location, size of the shop, equipment required and etc. According to Jumbo King, the total investment is approximately Rs. 25 lakhs to Rs. 40 Lakhs.
- Franchise fee: INR 300,000
- Cost of setting up the restaurant: INR 15 lakhs – 20 lakhs
- Working capital: INR 5 lakhs – 10 lakhs
The total cost of a Jumbo King franchise can range from INR 25 lakhs to INR 40 lakhs.
Space Required for Jumbo King Outlet
Jumbo King store space depends on the size of the store. A minimum space of 300 to 600 square feet space is needed to start the Jumbo King franchise. If you taking a store on rent then remember the rent of a store in a prime location may be too high.
| Type of Outlet | Minimum Space Requirement |
|---|---|
| Counter Service | 250 square feet |
| Seating Capacity 10 | 350 square feet |
| Seating Capacity 20 | 500 square feet |
| Seating Capacity 30 | 750 square feet |
Documents & Licence
Here are the documents and licenses that you will need to open a Jumbo King outlet:
- Trade License: You will need to obtain a trade license from the local government.
- Food Safety License: You will need to obtain a food safety license from the Food Safety and Standards Authority of India (FSSAI).
- Building Plan Approval: You will need to obtain building plan approval from the local government.
- Fire Safety Certificate: You’ll need to gain a fire safety instrument from the fire department.
- Employees’ Provident Fund (EPF) Registration: You will need to register your employees with the Employees’ Provident Fund Organization (EPFO).
- (ESI) Registration: You will need to register your employees with the Employees’ State Insurance Corporation (ESIC).
- GST Registration: You will need to register for GST if your turnover exceeds INR 20 lakhs yearly.
In addition to these documents and licenses, you will also need to provide the following information to Jumbo King:
- Personal details: Your name, address, shop address and contact information.
- Financial information: Your financial statements and proof of funds.
- Business plan: Your business plan for starting the Jumbo King outlet.
- Relevant experience: If you have any applicable experience in any food business.
Jumbo King franchise Profits and Margin:
The profits and margin of a Jumbo King franchise can vary depending on a number of factors, including the location of the franchise, the size of the franchise, and the number of customers. However, in general, Jumbo King franchises are profitable businesses.
According to FranchiseByte, the average profit margin for a Jumbo King franchise is around 18%. This means that for every INR 100 in sales, the franchisee would make a profit of INR 18.
The profits of a Jumbo King franchise can also be affected by the cost of goods sold (COGS). COGS is the cost of the food and supplies that the franchisee purchases to sell to customers. The lower the COGS, the higher the profit margin.
How to apply for a Jumbo King Franchise in India?
- Visit the Jumbo King website
- https://www.jumboking.co.in/own-a-jumboking-franchise/?avia_forced_reroute=1
- Complete the online application form
- Submit the application form
- Meet with Jumbo King representatives
- Sign the franchise agreement
- Open your Jumbo King franchise
- Then you will be the owner of the Jumbo King franchise.
Jumbo King Franchise Contact Details
If you are getting any issues or you want to take a franchise at Jumbo King then you can contact them from here. All details are mentioned below:-
Address: Virwani Industrial Estate, 73, Western Express Hwy, Goregaon, Mumbai, Maharashtra 400063
Telephone: (022) – 2927 1286
Website: https://www.jumboking.co.in/
Email ID: [email protected]
Frequently Asked Questions of Jumbo King :
Q 1. What is a Jumbo King franchise?
Ans: Jumbo King is a popular vegetarian burger chain in India. Jumbo King has been in business for over 20 years and has a successful track record and its franchises are in high demand.
Q 2. What is the cost of a Jumbo King franchise in India?
Ans: The total cost of a Jumbo King franchise can range from INR 25 lakhs to INR 40 lakhs.
Q 3. How to open a Jumbo King franchise?
Ans: First you have a good investment and patience. Then, some criteria like the need for all documents and the need for space for opening. After this fill out the form and wait 2 days. You”ll get a call back from Jumbo King. then confirm all the detail and pay the franchise fee and start your business.
Q 4. Is Jumbo King a successful franchise?
Ans: Yes, it is a successful franchise at the present time. lots of people want to take the Jumbo King franchises but they can’t take it due to financial issues. it is based on the vegetarian burger chain and the food business is going in trending nowadays.
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