If you are looking to start a fast food franchise under 10 lakh rupees, the One Bite franchise is the best option for you. It has pocket-friendly menu items with the best serving experience to the customer that allows high retention of customers.
One-Bite Franchise History
One Bite is a multi-varieties fast food chain headquartered in Delhi that is seeking franchise representatives for locations throughout India. The restaurant offers more than 110 delightful items on the menu, including burgers, pasta, chocolate lava, waffles, salads, grilled and fried chicken, rice bowls, pizza, sandwiches, and more, to consumers in a pleasurable manner.
In 2017, the concept of bringing all fast food options under one roof was introduced. They developed this idea so that each and every consumer may make their own decisions without having to make compromises. It is a fun and interesting fast-food franchise that offers a vast variety to its customers in a pleasant way.
Today we will discuss about One Bite Franchise Cost, Profit, and detailed information.
One Bite Franchise Cost
One Bite has 3 (three) franchise models:
- TAKEAWAY / KIOSK MODEL: Required Area is 120 – 200 sq. ft. and the Investment range is 8 – 10 lakhs rupees.
- STAND-ALONE / HIGH STREET MODEL: Required Area is 200-500 sq. ft. and the Investment range is 11 – 14 lakhs rupees.
- DINE-IN MODEL: Required Area is 600-1000 sq. ft. and the Investment range is 15 lakhs rupees.
Below is the detailed cost breakdown of one-bite franchise models.
| Expense | Takeaway / Kiosk Model (Amount in Rs.) | Stand-alone / High Street Model (Amount in Rs.) | Dine-In Model (Amount in Rs.) |
|---|---|---|---|
| Franchise Fees including GST (18%) | 5,31,000 | 5,90,000 | 5,90,000 |
| Kitchen Equipments | 2,00,000 | 2,00,000 | 2,60,000 |
| Interior Cost | 2,00,000 | 4,20,000 | 5,00,000 |
| Raw Material | 75,000 | 75,000 | 1,00,000 |
| Licenses Cost | 10,000 | 10,000 | 10,000 |
| Other Expenses | 30,000 | 35,000 | 40,000 |
| Total Investment | 10,46,000 INR | 13,30,000 INR | 15,00,000 INR |
One Bite Franchise Facts
- There are no further costs for renewing the franchise agreement after the initial five years.
- A space of between 120 and 1000 square feet is needed to open the franchise.
- 2% Royalty fees will be charged by the company on monthly Sales. But they have a condition that if your sales are below 3 lakhs in a month, there will be no royalty fees.
- The raw material will be delivered by the company and a local vendor at a cost determined by the franchise owner; it will cost approximately 40% of the selling price.
- On the takeaway model and the restaurant model, the company is giving discounts of 51,000 and 71,000 rupees, respectively.
- Franchisees (franchise owners) will handle local marketing, and the firm will handle digital marketing.
One Bite Franchise Menu
One Bite Restaurant Menu as on January 2022
One Bite Franchise Profit Margin
As we have seen above, One Bute has three different franchise models. Which also affects the sales and profit margin of the store. So, here we will calculate the 3 scenarios of the sales and will analyze the net profit accordingly.
| Particulars | Best Case Sales (in Rupees) | Average Case Sales (in Rupees) | Worst Case Sales (in Rupees) |
|---|---|---|---|
| Gross Monthly Sales | 5,00,000 | 3,50,000 | 2,00,000 |
| Raw material (40% of sales) | -2,00,000 | -1,40,000 | -80,000 |
| Space Rent | -60,000 | -45,000 | -30,000 |
| Employee Salary | -60,000 | -50,000 | -40,000 |
| Royalty | -10,000 | -7,000 | 0 |
| Electricity and Water Bills | -14,000 | -10,000 | -8,000 |
| Online Delivery partner commission | -20,000 | -12,000 | -6,000 |
| Other Expenses | -16,000 | -12,000 | -6,000 |
| Net Profit | 1,20,000 (24% of sales) | 74,000 (21.14% of sales) | 30,000 (15% of sales) |
From the above analysis of monthly net profit calculations (considering the profits of all three scenarios 24%, 21.14%, and 15%), the average profit margin of the One Bite Franchise is 20.04% of total sales, which is an extremely good ROI for a fast food franchise. Moreover, the amount of sales and profit margin depends on the location of the shop and how well the local marketing is done. Targeting young people will definitely increase your sales.
Must read: Food Adda Franchise Cost, Profit, and Reviews.
One Bite Franchise Advantages and Benefits
- One Bite franchise fees include employees’ on-the-job training: For a short length of time, the F&B Management will arrive with one head chef and one kitchen supervisor. In the meanwhile, the franchise holders must engage two kitchen staff members—one for the desk and one for cleaning. All employee travel expenses linked to the launching of the business will be covered by the franchisor.
- The company will cover all associated travel expenses for the BD Director and Operation Head.
- BD head is on the road for a property inspection and approval.
- Operation Traveling Head: To verify the interior and design work of the outlet in coordination with the Carpenter, Electrician, Plumber, and Masson.
- Food Quality Advantages: You work with the same supplier who provides spices to numerous prestigious international brands.
- The company adds a new dish to its menu each quarter to make its menu with fresh items which attract more customers.
- They also provide free marketing help with 3d designing services like designing Promotional banners, Hoardings, Menu card designs (including festive menu designing), Opening soon designs, Graphics designs, AutoCAD designs, etc…
One Bite Franchise Review
A fast food franchise with an initial investment of 10 lakh rupees, one bite is the best low-cost franchise for the person who wants to start their own fast food restaurant. Despite having low investment, the outlets are getting the best ROI of nearly 20% in the net profit of the monthly sales which makes the franchise more attempting.
The brand is well-known since they prevail in the price battle. The franchise places a high priority on its customers, starting its cost at 31 Rupees for a burger and 71 Rupees for a pizza. which is very attractive yet with a high profit margin.
You can apply for the one bite franchise from here: One Bite Website.
FAQ
How much does one bite franchise cost in India?
One Bite franchise have 3 different models and with different costings.
1. Takeaway/kiosk model will cost 8 – 10 lakhs rupees
2. Standalone model will cost 12 – 14 lakhs rupees
3. Dine-In model will cost 15 lakhs rupees
Is one bite franchise profitable?
Yes, The franchise is profitable with the best ROI in the fast food industry.
What is the profit margin of the one bite franchise?
The average profit margin of one bite franchise is nearly 20% of total monthly sales.
