For high profit, go for street food franchises

Independent business can be risky due to increasing competition in food service sector. On the other hand, franchised business give assure of success because you know franchisor had already make huge profits out of it. In period of past few years, street food has become point of interest for investors as broad range of players have established strong food franchise networks. Sometimes people don’t bother to travel miles to taste their favorite street foods. These days there are so many options to begin food business at low investment.

Food is fantastic way to explore the local culture and showcase it to international arena as well. Savoury snacks like chaats, bhel, panipuri, etc. are toothsome and most dynamic to please customers. Today, both franchisees and franchisors have realized significance of food business and consider it as outstanding field to discover enticing recipes. List of various street food franchise formats:

1.     Food stall or kiosk: A small freestanding structure with inbuilt kitchen stand termed as Kiosk can be set up in low investment and also areas require around 100 to 150 sq. ft. finding your niche is important to establish effective foodservice point. In addition, a planned operations time could be profitable.

2.     Mobile food truck: Now-a-days food truck concept has been in demand. You require licence from concern department or legal authority to use mobile food vehicle. No need to pay high rents, you can move as per customer footfall.

3.     Street food Vending: It is similar to food truck but rather than mobile, a standing vehicle can be used to sell local delicacies with great acclaim. It is critical to focus on specific location to build strong relationship with customers.

4.     Takeaway: One of the popular foodservice formats which has gained tremendous love from customers. Takeaway is ideal where people find difficult to spend long time or don’t want to wait.

5.     QSR: Quick service restaurant has been growing rapidly in markets. QSRs are centre of attraction because people want quick services, inexpensive foods and fun environment. 

If you are planning to invest in street food franchises, check out various options based on investment, target market and consumer lifestyle. Street food remains popular among millennial but do proper research to identify various things such as: menu, marketing and promotions, store opening and closing time, distance with counterparts, etc. Chatar Patar is offering wide range of opportunities, you can select any of models to ensure success.