Have you ever imagined how many varieties of samosas can be served to customers? Do you have any relevant information on the market size and growth prospects of the India’s Food & Beverages industry, which primarily deals in samosas and their varieties?
Or, have you been passionately searching for a franchise of India’s most popular snack, the samosa, but feel overwhelmed with the variety of options available?
If you answered “yes” to any of the queries, you should be curious to understand more about one of India’s popular and rapidly growing food chains, which we’ll be discussing in the upcoming section.
Without a doubt, samosa stands as one of the most popular street foods, ubiquitously available—from school and office canteens to local halwai or sweet shops. However, the rise of a few chain that found the gap in its traditional way of preparing and offering has certainly revolutionize the entire QSR industry.
The Indian QSR industry has exhibited an unprecedented growth of 17.27% from FY 2016 to FY 2020 and is certainly anticipated to reach to a valuation of ₹826.37 Billion by FY 2025.
Did you know?
A prime example of such a chain is Samosa Party, which began with an initial investment from its founder and swiftly grew the business into a ₹6 Crore enterprise (annually)—a truly commendable feat.
In this comprehensive post, we’ll cover an in-depth article on Samosa Party franchise in India with its company’s background, potential opportunities, estimated cost, and profit analysis.
For the aspiring entrepreneurs, we’ll also provide the alternatives to Samosa Party, in case they wanted so.
- Company: Samosa Party
- Founded: 2017
- Founder: Amit & Diksha
- Industry: Snacks
- No. of Locations: 45+
- Model: Self-owned and operated
- Area served: India
- Franchise Fee: NA
- Area Required: At least 500 sq ft
- Est. Initial investment: ₹10 lakh to ₹50 lakhs
Table of Contents
Overview of Samosa Party Franchise
Samosa Party was established in 2017 on a bustling street of Bengaluru by Amit Nanwari, a passionate entrepreneur and hardcore samosa fanatic, later, Diksha Pande also joined as a co-founder.
Since its establishment, Samosa Party has delivered more than 20 lakh Samosas from its restaurants and cloud kitchens. The chain is planning to open more cloud kitchens in several cities in upcoming months, eventually allow them to cater to the wider audiences while strengthening its brand reputation in the highly fragmented food sector in India.
Samosa, which is traditionally served with a aloo stuffings and chutney has undergone a several transformations and the chain like Samosa Singh and Samosa Party has quite revolutionized the complete segment by serving a wide range of fillings, including corn & cheese, noodle, mutton keema, and tandoori chicken tikka.
According to leading research firm, IMARC Group, The Indian snack market, which once valued at ₹38 Lakh Crores in 2022, is anticipated to grow beyond ₹70 lakh Crores by 2028, exhibiting a compounded annual growth rate(CAGR) of 10.4%, during 2023-2028.
At present, the chain operates in Tier 1 cities like Bengaluru, Hyderabad, and Delhi NCR with its 45 outlets and is progressively planning to extend its footprint to other cities through its innovative QSR and Cloud Kitchens approach.
These outlets posts a monthly revenue of approximately ₹3 Cr, resulting in a ₹36 Crore in revenue on an annual basis.
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The Journey of Samosa Party
It all began a year back from its inception in 2016, when its founders Amit and Diksha embarked on a quest for freshly prepared samosas in their neighborhood. However, considering the hygeince and quality factor, they were disappointed.
Amit, a techie by profession, commenced selling samosas after his work hours, quickly averaging over 200 samosas per day within a couple of hours.
Recognizing the immense potential of this particular snack, Amit and Diksha went full-fledged into the business, and went on to become one of the popular samosa chain, specialized in offering a diverse range of flavorful samosas at an affordable prices.
Later on the chain acquired multiple investment from various capitalists, which were strategically utilized to strengthen the business model and its market presence.
Key Facts on Samosa Party
| Sr No. | Type | Private |
|---|---|---|
| 1 | Trade Name | Samosa Party |
| 2 | Industry | Food & Beverages, Cloud Kitchen, QSR |
| 3 | Founded | 2017 |
| 4 | Founders Or Parent Company | Amit Nanwari & Diksha Pande |
| 5 | Corporate Headquarters | Bengaluru |
| 6 | Number of locations | Over 45+ |
| 7 | Area served | Primarily in Southern India, Expanding in North as well |
| 8 | Model | Self-owned, Yet to announce its franchises |
| 9 | Menu offering | Varieties of Samosa, Chat, Vadapav, Mini Meals & boxes, and much more |
| 10 | Revenue | Approx. 36 Cr |
| 11 | Website | https://www.samosaparty.in |
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What’s the USP of Samosa Party Franchise?
While samosas are commonly reheated in microwaves and served to customers in cafes or coffeehouses, with local street shops being an exception, Samosa Party sets itself apart from other chains.
The chain takes pride in serving a freshly cooked samosa filled with fresh ingredients, which can retain its crispiness up to 90 minutes.
Does Samosa Party sell franchises?
Unfortunately, Samosa Party doesn’t sell its franchises. According to the current report, all of the Samosa Party locations are solely owned and operated by the company itself.
While undeniably there is a huge expansion lying ahead in the future, and given its demand and robust market presence in other cities, Samosa Party may consider opting for a franchising model in the coming years.
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Why consider owning a Samosa Party Franchise? (If offered)
- Immense growth in the sector:
- India’s is one of the country where people consumes 2.7 times of snacks compared to the 2.3 times meals. This rapid transition can be well-tapped as a Samosa Party outlet owner, which will not only provide an affordable cuisine but also a most hygienic and delectable flavored snacks.
- Strong business foundation:
- In contrast to other inexperienced chains, you will reap the advantages of Samosa Party’s founder’s comprehensive experience and business knowledge in the QSR industry.
- Robust presence in home state and expansion plan:
- The chain has its strong foundation and robust presence in Bengaluru. With over 45 outlets and more locations are planned for future expansion will allow the franchise aspirants to grab the rapidly growing business in the snack industry.
- Diverse range of clientele:
- With its diverse array of offerings, the chain caters to a wider audience. Ranging from retail customers to corporate clients, Samosa Party indeed boasts a broader and healthier list of clients.
- Determined to build a Global Brand Around Samosas:
- According to the report published by The Hospitality world, India currently exports a significant number of Samosas to over 140 countries and with Samosa Party’s plan to build a global brand around Samosas will certainly help its franchisee to get a sense of working with a renowned brand and build a stronger income stream.
How Much Does Samosa Party Franchise Cost?
Though the chain doesn’t embrace the franchising programme, it could be certainly difficult to quote the franchise cost for a Samosa Party outlet.
Samosa party operates on a multiple model ranging from retail outlet to a cloud kitchen concept, which may allow them to offer a flexible and affordable business model to its franchise aspirants.
It is worthy to mention that the franchise cost for a cloud kitchen could be relatively affordable as compared to the QSR model.
Taking its business model into consideration, To embark on an exciting journey with Samosa Party Franchise, one may at least require an initial investment of ₹10 lakhs to ₹25 lakhs or so, which will also include its franchisee fee and other setup costs.
How much will be Samosa Party Franchise Fee?
The franchise cost for Samosa Party could range between ₹3 lakh and ₹7 Lakhs plus 18% GST. Furthermore, The chain may check your investment capabilities and understanding of F&B chain.
In major case, a franchise prospects/investors should at least have a collective investment capacity to invest at least ₹50 lakh in business.
Additional Cost for Samosa Party
Typically, to run and maintain a fast food franchise like Samosa Party, one must adhere to their standards and are liable to pay a few additional costs such as Royalty fee, advertisement fee, maintenance fee, and a few other investments.
The ongoing royalty fee for the Samosa Party franchise may range approximately 5 – 8% and a fixed fee for marketing support, which would be paid by the Franchisee on their monthly gross sales.
Note: A Royalty fee of over 8% will be a strict ‘NO’ from our side.
| Type of Fee | Cost and Other Details |
|---|---|
| Franchise Fee | ₹ 3 – 7 lakh + GST |
| Floor Area | Min. 300-600 sq. ft. |
| Store Ambiance & Interiors | ₹4-8 lakh |
| Machinery & Equipment | ₹5-10 lakh |
| IT Support & Online Platforms | 3 lakh |
| Agreement Period | 10 Years, Renewable |
| Total Initial Investment | ₹ 15 lakh to ₹25 lakh |
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How much is Samosa Party Franchise Profit Margin?
As mentioned earlier, Samosa Party chains are currently solely owned and operated by the company itself, and attempting to quote a profit margin for self-managed outlets could potentially lead to ambiguity.
The profit margin of the chain may vary depending on the numerous factors, such as outlet’s geographical locations, available floor space, operational business model, and the average customer’s footfall at the outlets.
Moreover, Samosa Party not only offers a variety of Samosas but also some regional snacks such as Dahi Samosa Chat, samosa basket, hot and cold beverages, and more, which may help the unitholders to serve the delectable range of cuisine to customers of all ages.
It will also allow them to garner a devoted customer base, leading to a healthier revenue and outlet growth.
Therefore, taking these factors into consideration, a franchise prospects of Samosa Party may anticipate a net profit of at least 18-25% or a monthly takeaway of approximately ₹70,000 or more.
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What are the requirements to Start a Samosa Party Franchise?
- First and most important – One should have the required funding to get a Samosa Party outlet, should be ready to invest at least ₹10 lakh.
- Interested applicants are advised to dedicate themselves to the Samosa Party business and follow the company standards and maintain their legacy.
- Interested applicants must undergo and complete the necessary training program offered by Samosa Party’s team.
- Interested franchisees should have a passion to work in the fast-food industry and should possess the leadership and financial skills to operate a Samosa party outlet.
- Applicants are expected to secure a suitable location that meets Samosa Party’s requirements, such as high visibility and easy accessibility.
What are the alternatives to Samosa Party Franchise?
If you have reached this section, it certainly indicates your genuine interest in the Samosa or Snacks franchise in India. However, considering that Samosa Party hasn’t yet initiated its franchising program, you might be left pondering about potential alternatives.
But there’s no need for concern; we have comprehensively covered all aspects in this article.
Samosa Singh Franchise
One of the highly recommended snacks franchise, which primarily serves a wide range of delectable range of Samosas.
Like Samosa Party, Samosa Singh shares a similar story. However, it was founded a year earlier to Samosa Party in 2016 by Shikhar & Nidhi Singh in Bengaluru.
The chain boasts strong presence of over 40+ self-owned and cloud kitchen outlets, and has recently started offering its franchises to aspiring entrepreneurs.
The initial investment for Samosa Singh may also range between ₹15 lakh and ₹25 lakh and passionate entrepreneurs looking to venture into QSR industry with a leading chain may find Samosa Singh as a lucrative business opportunity for long term.
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Why Samosa Singh Franchise Worth your Investment? – Apply, Cost, & Profit – Samosa Singh
Five Star Chicken Franchise
With a legacy spanning over three decades in the food and beverages industry, Five Star Chicken might appear off-topic at first glance, but it certainly holds a valuable position on your franchise list.
Five Star Chicken was founded in 1985 in Thailand and it currently operates under the parent company – A CP Food PCL.
Boasting a significant presence of over 1100 outlets across Indian cities, Five Star Chicken entered the Indian food market in 2012, coincidentally in the same city as Samosa Singh.
The chain went all in to impress taste buds with an comprehensive array of mouth watering cuisines, including fried chicken, chicken nuggets, fingers, hot & crispy chicken burgers, all served at affordable prices.
With an merely investment of ₹8 lakhs to ₹10 lakhs, The franchise aspirants shouldn’t ask any better opportunity than Five Star Chicken.
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How to Get Samosa Party Franchise?
The official website hasn’t disclosed anything specific to its franchise opportunity.
Moreover, given its remarkable growth trajectory and ambitious expansion plans, it is reasonable to anticipate that Samosa Party might introduce a franchise concept similar to its competitor, Samosa Singh, in the near future.
One can avail the opportunity by following the given steps;
- Visit Samosa Party’ official website and navigate to the franchise/contact us page.
- Submit the form after filling the necessary details like Name, Email ID, Phone Number, City and State.
Final Takeaway – Conclusion
Overall, Samosa Party seems pretty similar to its competitor, Samosa Singh. Considering its business model and current success rate, one can significantly embark on the exciting journey into the fast-food industry with Samosa Party.
The Bottom line –
We at FranchiseGoal India estimates its cost to be in competitive range of ₹10 lakhs to ₹30 lakhs. The chain may charge a royalty fee of 5% or even could offer royalty-free franchises for its initial franchise partners.
At present, either you need to wait for either Samosa Party or can opt for its alternatives (mentioned in the above section).
Good Luck!! Happy Franchising!!
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FAQ
How much does it cost to start a Samosa Party Franchise?
Ans: Samosa Party is yet to embrace the franchise model. However, considering its business setup, its franchise cost could range between ₹10 lakhs to over ₹50 lakhs.
Is Samosa Party Franchise Profitable?
Ans: We certainly anticipate so. Moreover, the chain is already generating a healthy revenue on a monthly and annually. With an annual turnover of ₹36 Crore in the snacks industry, one can certainly expect the chain to earn a net profit of over at least 10 -15%.
