How many Jumbo King outlets in India?
How many Jumbo King outlets in India?
Jumbo King
| Type | Privately held company |
|---|---|
| Headquarters | Mumbai, Maharashtra , India |
| Number of locations | 102 (2018) |
| Area served | Mumbai, Bangalore, Hyderabad, Aurangabad, Pune, Amravati, Gujarat, Indore and Lucknow |
| Products | Burgers |
Is Jumbo King franchise profitable?
“My franchise partners have done very well for themselves and we have remained profitable at almost every store,” Dheeraj says. Jumboking last filed its ROC details in 2018. Data reveals that the brand was at $1 million annual revenues as of 2018, and at $1.5 million in annual revenues as of 2020.
Why did Jumbo King fail?
Jumbo King did not require much marketing during the initial years. It was all word of mouth. By 2006, McDonald’s opened 100 stores across India, and Gupta decided to step out of Mumbai to open his sixth outlet in Surat, Gujarat. However, supply chain was not ready, and plans failed.
How do I open a jumbo King franchise?
Eligibility criteria for a Unit Franchise
- Franchisee Fee- INR 4 lacs + taxes (non-refundable)
- Refundable security deposit- INR 50,000/-
- Store setup cost – INR 20 lacs for a 250 sq. ft. carpet outlet.
- Property deposit – as applicable, (will depend upon the property size & location)
Is Jumboking a veg?
In a country with an involved vegetarian population, Jumboking, a Quick Service Restaurant chain incepted in 2001, has taken up the mantle of serving its customers, burgers with the green dot.
Which franchise is best in India?
Best Franchise Business Ideas Under INR 10 Lakhs
| Franchise Business | Franchise Brands | |
|---|---|---|
| 1. | Courier & delivery | InXpress |
| 2. | Pre-School | Wow Kidz and DPS Global Playschool |
| 3. | Wraps & rolls | Kathi Junction, RollaCosta, and Kathi Express |
| 4. | Salon | Louis Unisex Salon and Studio99 |
Which franchise is profitable in Mumbai?
Which is the most profitable business in India?
Most Profitable Business in India 2021
- Insurance. The potential for selling insurance in India is such that many working professionals sell insurance policies on the side.
- Travel Agency.
- Cloud Kitchen.
- Website Design & Development.
- Organic Farming Business.
- Tuition Classes.
- Dropshipping.
- Interior Design Business.
How much is Jollibee franchise?
Jollibee franchise ranges from Php 35-55 Million. Details of investment cost, return of investments and other franchising details will be discussed with you once your application has been approved.
How much does Pizza Hut franchise cost?
How Much Does a Pizza Hut Franchise Cost? The total investment amount to establish a Pizza Hut franchise ranges from $357,000 to $2,213,500. This includes the company’s franchise fee of $25,000.
Does haldiram give franchise?
To open a Haldiram Distributorship, you will have to contact the company. The least the company need from you is 1215 per square feet of space to open a franchise dealership.
Is Jumbo King fast food in Mumbai style?
You won’t get much variety if you visit an outlet of Jumbo King, a fast-food chain that is expanding in western India. On offer are vada pavs (a potato-based patty in a bun), Pepsi and lassi. This is fast food Mumbai style.
How did Jumbo King reach its target of 250 stores this year?
From one outlet in 1990, Jumbo King reached 45 by early this year. It is targeting 250 this year, and has already forayed to Gujarat from its home state of Maharashtra. The initial investment was Rs. 200,000 ($4,300).
Where did Jumbo King start selling vada pavs?
Gupta leased out a 150-200 sq ft space outside Malad railways station, western suburb in Mumbai, to set up the first Jumbo King outlet that started selling 20 per cent larger vada pavs than those sold by ordinary street stalls. On the first day — August 23, 2001 — Gupta made Rs 5,000 by selling vada pav.
Is ‘Jumbo King’ a good idea?
“Jumbo King is a brilliant idea,” says Akbar Khwaja, managing director of United Pizza Restaurants, which has 62 franchised outlets in 26 cities. (Khwaja is planning to start a chain of franchised fast-food outlets called Satvik, serving “non-messy” items such as samosas, kathi rolls, paranthas, vada pavs and tikkis.)
https://www.youtube.com/watch?v=8IlD56oizQ8
