Starting a franchise with Al Baik, the famous Saudi Arabian fast-food chain known for its delicious fried chicken and seafood, can be a lucrative venture. However, understanding the costs and profit potential is essential before making an investment. In this blog, we will explore the true cost of opening an Al Baik franchise, the potential profit you can expect in 2024, and how Tradesworld can assist in streamlining the process.
Al Baik's strong brand and loyal customer base make it a highly attractive franchise opportunity. Here’s a detailed breakdown of the costs involved in opening an Al Baik franchise with Tradesworld’s expert guidance:
Franchise Fee-6 lakhs
Estimated setup cost-2.4 to 4 lakhs
Kitchen setup-4 lakhs
Initial Inventory-1 lakh
Royalty Fee-Zero
Working Capital-3 lakhs
Franchise Agreement-2 years
Total Investment-11 to 15 lakhs
The profitability of an Al Baik franchise can be highly rewarding, thanks to the brand’s strong market presence and customer loyalty. Here’s an overview of the potential financial performance:
Minimum Sales Per Day-10,000
Gross Profit Margin-45%
Net Profit Margin-30%
Minimum Profit Per Month-50,000 to 1 lakh
Return on Investment-12 months
Tradesworld specializes in facilitating franchise setups, providing comprehensive support throughout the process. Here’s how Tradesworld can assist:
Tradesworld helps identify prime locations for your Al Baik franchise, ensuring high foot traffic and visibility. Services include:
Tradesworld offers support in securing financing through:
Tradesworld manages the project from start to finish, ensuring timely and cost-effective completion. Services include:
Al Baik franchisees typically need to pay ongoing royalty fees, which are a percentage of the monthly gross sales. These fees help support the brand’s national marketing efforts and ongoing operational support.
Al Baik offers comprehensive support to its franchisees, including initial training, marketing support, ongoing operational support, and access to a dedicated franchisee support team.
Yes, Tradesworld can assist in establishing multiple Al Baik franchise locations, offering the same level of support and ensuring consistency across all outlets.
The timeline can vary, but typically it takes about 6 to 12 months from initial inquiry to the grand opening of the franchise outlet.
Ideal locations include areas with high foot traffic such as shopping malls, commercial districts, and urban centers.
Prospective franchisees typically need a minimum net worth of $500,000 and liquid assets of at least $200,000. Tradesworld can help evaluate financial readiness and secure necessary funding.
Opening an Al Baik franchise in 2024 with the support of Tradesworld offers a structured and supportive path to becoming a successful business owner. With a clear understanding of the costs, profit potential, and application process, you can make an informed decision about this business venture. By leveraging the comprehensive services provided by Tradesworld, you can set yourself up for success in the competitive fast-food market.
For more detailed information and to start your application process, visit Al Baik’s official franchising website or contact Tradesworld directly.
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