The world of fast food franchises continues to grow constantly, driven by the demand for quick and practical solutions for those looking to eat away from home. This business model has proven to be a profitable option for both experienced investors and entrepreneurs looking to get started with the backing of an established brand.
Investing in a franchise comes with clear benefits, such as access to training, logistical support, and a constantly rotating consumer base. However, it also requires a deep analysis of initial costs, royalties and strategic location to maximize performance. Below are three options presented by the market and all the details.
By Papas is a franchise that has shown rapid expansion after the pandemic. Its business model is simple and easy to operate. Its business base is on traditional French fries that it offers with various toppings, as well as hamburgers and other fast food on the go. The company currently has around 19 locations in operation, including its own and franchisees, and a solid presence on the main avenues with high commercial traffic.
The total investment to install a By Papas franchise starts at US$34,900 and the firm offers the option of delivering the premises on a turnkey basis, That is to say, it is in charge of all the works and conditioning necessary for its start-up.
The average annual turnover of the establishment is projected at around $72 million and each establishment requires around 8 employees.. In this framework, the recovery of the initial investment is stipulated after 15 months. The firm also offers training for the franchisee and their employees of around 20 days on site.
Chicken Chil is another fast food franchise that seeks to consolidate itself in the segment with the most openings this year. In total it has eight locations in operation and specializes in crispy and grill chicken proposals presented in combos at friendly prices. It is aimed at a mass audience, prioritizing high traffic locations.
The total investment to install a Chicken Chill franchise, depending on the size of the location, starts at around $80,000. In this framework, each establishment requires between 8 and 20 employees and the recovery of the investment is projected in a period of between 18 to 24 months.
The firm offers training of around 3 weeks for the franchisee and their employees and emphasizes that it provides support at all times. As a point in its favor, it stands out that chicken protein, due to its low price and high consumption, becomes a super profitable combo to invest in.
Mofi Burger is a fast food chain in national capitals. Among its most notable products are burgers and fries with multiple ingredients, salads, chicken nugget, among others. The firm was founded by the soccer player Diego Jaime and today has more than 10 stores, both its own and franchisees.
The total investment to install a Morfi Burger location is around US$64,400 and the average annual turnover of the establishment is projected to be in the order of $140 million.
In turn, each location requires around 8 employees and the recovery of the investment is scheduled for a period of around 18 months.
Source: Ambito
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