Monday 11 June 2018

Egg franchise: opportunities, trends and market growth

The food franchise has been showing tremendous growth on back of consistent consumer demand for fresh, nutritious and delicious meals. Though egg franchise is another new food franchise segment which is in nascent stage and at present competition is low as well. Unlike fast food industry, number of brands that offer egg dishes exclusively can be counted easily and it is estimated that in foreseeable urge for nutritious meals certainly encourage food operators to develop egg restaurant. Increase in consumption of eggs compelsfood retailers to change their menu with something nutrient based. Emerging sectors such as fast food and street food are burgeoning but inclination of consumers towards snacks that contains valuable nutrients is more. Most Indians prefer home-cooked foods and take enormous pride in the varieties of dishes available at home. In addition, large to medium range restaurants are offering egg dishes but customers can only order few recipes. The past one decade is good for Indian economy as foodservice industry has expanded a lot.
Market growth
With a population over 1.2 billion India is one of the biggest consumer market andeffective government support attracts international investors in various industrial sectors. India opens door to globalization that’s why number of worldwide fast food brands have penetrated local markets to expand franchise network. In case of egg franchise, lots of things needs to be addressed such as infrastructure, skilled manpower, access to essential tools and resources. Percentage of urban population has increased tremendously as compared to rural as youngsters prefer to live in urban areas. Thus egg franchise segment is beneficial and an opportunity to serve customers. For example, Andeywala’s egg restaurant plan is completely based on to give new shape to egg industry and develop organized formats where people can enjpoy delicious egg delicacies. Scrambled, boiled, poached or fried eggs available at street vendors are cost-effective but there is no hygiene. Modern-day consumers are concern for cleanliness and freshness of the cuisines as they are health conscious. At present market growth is fuelled by increase income level, globalization, and urbanization.
Trends
No doubt people are acquiring new taste and young consumers are experimental in nature. Nutritious foodservice segment remain a profitable and cost-effective opportunity for long term business. After extensive research, Andeywala has brought amazing menu on the dining table and develop low investment franchise model as well. Online delivery system and digital menu are few of the latest trends that impact foodservice market growth.
Opportunities
There are limitless opportunities budding in Indian marketplace. Egg franchise segment has potential to deliver tremendous growth and fruitful business opportunities. Andeywala is figured as medium-scale brand, useful to generate huge revenue as well. Like every good business,foodservice business is also profitable even inexperience people can start own venture. It goes without saying that competition in food industry is increasing day-by-day due to birth of various small and medium size enterprises. If you want to become boss of your own business, you must consider Andeywala’s egg franchise.
In this global business environment, it is critical to embrace technology and latest trends to start new business. Eating out culture in India is increasing significantly hence one must grab the best opportunity and kick-stat food business career. Andeywala is looking to appoint franchisees in different geographic location and you can apply for single unit as well as master franchise opportunities. The brand offer assistance in site selection, marketing, business plan, store step and licence. Apart from this, profit margin is around 60 – 70 %, ROI (return on investment) will be achieved within 6 months without any problem.


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