Sagar Ratna Franchise: So, you’re pondering upon the idea of diving into the magnificently enticing world of franchising, aren’t you? Excellent choice, I must admit. But have you given thought to which franchising company you want to hitch your wagon to? Well, let me recommend a jewel from the crown of Indian food franchises – Sagar Ratna!
It’s one of those rare gems that not only satisfies people’s cravings but also manages to ensure that its franchisees sleep peacefully at night knowing they’re investing in a profitable business. So, let’s dive in, into the world of lentils, southerly winds, and everything in between!
Business Model of Sagar Ratna Franchise
Sagar Ratna, a darling of southern Indian cuisine, has spread its aromatic roots all across the subcontinent, making fans in every Indian state it graces. It’s a chain predominantly known for its delicious South Indian cuisine, but it doesn’t limit itself there because it equally excels in North Indian and Chinese dishes too, thereby covering a plethora of palates.
The business model hinged beautifully on a combo of high volume and affordable prices, making it an absolute hit among the masses. Sagar Ratna’s reputation and established clientele make it a secure and financially attractive business proposition for anyone looking to venture into the food and hospitality industry. So if you’re going to ride on the wave of its success, better buckle up!
How to Apply/ Step by Step Application Process
Getting an application through may seem like navigating a maze, but cheer up, buddy! It’s not rocket science! Here are the steps neatly lined up for you – like ducks in a row.
- The first step, of course, starts with visiting the official Sagar Ratna website.
- Look for the ‘Franchise‘ section, usually lurking in the footer area.
- Fill up the application form with all relevant details, right from your name to the potential location for your franchise.
- Hit that ‘Submit’ button and let the magic begin!
- Wait for them to contact you regarding the further process, and remember, patience is a virtue!
Cost and Fees
My dear friend, starting a Sagar Ratna franchise is not a game of pennies; keep this in mind. You’ll need a hefty amount in hand.
Typically, there’s the one-time franchise fee that would cost you anywhere between 2-5 Lakhs. This, of course, depends on the location and size of the restaurant. The interior setup cost for the restaurant can range from 20-30 Lakhs. A plug-n-play, this is not!
Also, let’s not forget the royalty fee, the monthly amount or the percentage over your gross sales you need to share with the parent company. This is usually somewhere around 6%.
Now, doesn’t sound too bad when you compare it to the money mint you’re about to start, right?
|Sagar Ratna Franchise fee
|₹2 lakh – ₹5 lakh
|₹10 lakh – ₹15 lakh
|6% of gross sales
|800-1500 square feet
|₹22 lakh – ₹30 lakh
Ah! The part that everyone’s been waiting for, the potential earnings, the bottom line! Here’s what you should know.
At Sagar Ratna Franchise, one can generally expect an excellent return on investment with a solid profit margin of approximately 20% to 30%. But remember, it’s heavily dependent on the restaurant’s location, operational costs, and marketing efforts.
Pros and Cons
Alright, let’s get real. Everything under the sun has its pros and cons because, well, there’s only so much sunlight, right? So let’s discuss some of the upsides and downsides of running a Sagar Ratna franchise.
- Well recognized brand across India.
- Attractive return on investment.
- Comprehensive support and training provided by the company.
- Diverse menu catering to multiple culinary tastes.
- Initial investment is quite high.
- You might face stiff competition from similar restaurants in your area.
- Business profitability is often location-specific.
Jumping into the Sagar Ratna franchise game? A legit idea, but of course, it’s not as easy as munching on a plate of their hot and crunchy dosas. It requires a significant investment, understanding of company policies, and a knack for perseverance. But if you ask me, it’s a gamble, like everything else in the world of business. So why not bet on a stable horse (or, should I say, a stable Gemini), like Sagar Ratna?
How much area do I need to start a Sagar Ratna Franchise?
You're probably going to need between 800 - 1500 square feet. It's like the saying goes, more the merrier!
How much time does it take to get the Sagar Ratna franchise?
Typically, the entire process might take about 3-4 months from start to finish. But then, good things come to those who wait!
What assistance does Sagar Ratna provide to its franchisees?
They provide full assistance, right from designing the location to training your staff and even marketing support. They've got your back!