The catering industry, renowned for its stability and low risk, has seen the重庆hotpot sector flourish with remarkable growth. In 2018, the industry's turnover exceeded 50 billion yuan, demonstrating its immense popularity. With a significant share in the餐饮market,重庆hotpot has attracted countless investors eager to join the重庆hotpot franchise bandwagon. Potential franchisees are now inquiring about the "Cost of joining a重庆hotpot franchise?" and "How much is the franchise fee for a重庆hotpot restaurant?" as they seek to evaluate their feasibility for opening a store.
On July 19th, theChongqing Shi Qimen Old Hotpot Headquarters signed an agreement with Ms. Li from Chongqing Yubei. The financial plan for the Chongqing Yubei branch is already in place, so let's examine the estimated expenses for the Chongqing Shi Qimen Old Hotpot Yubei store.
1. Rent: After signing, the market specialist from Chongqing Shi Qimen Old Hotpot accompanied Ms. Li to Yubei for site selection. Following five days of research, analysis, and negotiations, the ideal location was secured. The 300㎡ store requires a monthly rent of 10,000 yuan, paid semi-annually with a deposit equivalent to six months, resulting in a total cost of 70,000 yuan.
2. Franchise Fee: The Chongqing Yubei franchise fee is 68,000 yuan, payable upfront. The headquarters guarantees no additional fees will be imposed, and upon the expiration of the initial five-year contract, renewal will be free of charge.
3. Renovation: Catering to the modern tastes of Yubei's predominantly young consumers, the hotpot franchise will adopt a contemporary style. The estimated renovation cost is 500 yuan per square meter, amounting to approximately 150,000 yuan.
4. Equipment: Essential equipment, including cooking pots, kitchen utensils, dining racks, refrigerators, freezers, tables, chairs, air conditioners, and uniforms, will be sourced locally based on the list provided by Chongqing Shi Qimen Old Hotpot. Local market analysis estimates these items will cost around 80,000 yuan.
5. Promotion: The online marketing efforts will be handled by the Chongqing Shi Qimen Old Hotpot headquarters, while the franchise will print promotional materials and prepare event items as per the总部designs. This phase is expected to incur costs of about 10,000 yuan.
6. Supplies: Based on the projected customer traffic, the hotpot franchise will need approximately 30,000 yuan for raw materials and other supplies.
The cost to join a重庆hotpot franchise, such as the 300㎡ Chongqing Shi Qimen Old Hotpot Yubei store, is estimated at 410,000 yuan.
By partnering with Chongqing Shi Qimen Old Hotpot, the headquarters will assist you in market analysis and detailed budget planning, ensuring savings and efficiency while maximizing your profits.
To stay updated on more information about Chongqing hotpot franchises, follow the "Chongqing Shi Qimen Old Hotpot" official account or search for it directly on Baidu.
Hotpot Brand Franchise：http://www.adjm.cn/pinpai/1_1004_0_0-0_0_1.html
