Goli Vada Pav Franchise Cost, Profit, How To Apply, Investment, Requirements | SkillsAndTechSkillsandTech | August 8, 2021 |
If you’re living in Maharashtra and you haven’t heard of Goli Vada Pav you’re definitely living under a rock. This chain has been winning a number of hearts since 2004 with a wide range of vada pavs at a very affordable price.
They not only serve lip smacking vada pavs but also rolls,cheese corn pops,dessert,fries and everyone’s all time favourite pav bhaji.
There is an option for everyone to satisfy their taste buds.From Schezwan Vada Pav to Cheese Vada Pav,Paneer Vada Pav to the Classic Vada Pav you name it and they have it all.For all those fasting days they also have Sabudana Vada Pav. Their vada pavs are very affordable ranging from ₹15 to ₹60 which means finger licking food without burning a hole in your pocket.
So for all the Vada Pav fans out there who don’t want to spend a lot but still have delicious food, heading to the Goli Vada Pav outlet is your safest bet. We assure that you will not be disappointed.
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Goli Vada Pav Franchise Wiki
Goli vada pav is a chain started by Venkatesh Iyer and Shrivadas Menon. The chain opened in 2004 with quickly expanding and opening up various outlets.
Currently there are 300 outlets spread across 100 cities and 20 states. The only dilemma they faced was choosing whether to open up a South Indian food stall or the classic Mumbai’s staple vada Pav. They decided on vada pav while he saw a banner of McDonalds realising the similarities between a vada pav and burger making both of them finger food which one can have on the go even in an auto rickshaw.
The biggest advantage of opening up a vada pav stall was that it would not require a lot of capital investment and with the soaring high prices of real estate in Mumbai,vada pav was a win-win for him.
Their first outlet was in Kalyan followed by the second outlet in Nashik and slowly taking vada pav outside Mumbai to other states and cities.
Ofcourse, the ride wasn’t easy for them and they faced a lot of problems but they eventually found their way out overcoming all of them. Now they sell 75,000-1,00,000 vada pav’s a day proving that something as small as a vada pav stall can help you achieve your dreams.
Goli Vada Pav Franchise Benefits
- All Standard equipments to be bought from Goli Vada Pav
- Goli vada projects team will help in designing the store and work with local contractors for setting up the store.
- Goli H.R team will help in hiring and provide regular training for the store operators.
- The team will guide each franchise step by step in day to day management.
Franchisee is expected to sit in the store and drive sales and provide customer service. In lieu for all the above the franchisee gets 25% of gross sales turnover as commission.
Goli Vada Pav Franchise Cost, Investment
Minimum of 7 lakhs to 50 lakhs (Master Franchisee)
A non refundable franchisee fee of two lakhs is the signing amount and then equipments will be billed at actual. Business forecast and the traffic estimates will determine investment for the equipment. Besides, a refundable security deposit of fifty thousand.
Equipment consist of temperature controlled fryers, deep fryers, slider, assembly table, steel hood, gas bank & utensils.
Goli Vada Pav Franchise Agreement and Terms
The company has not provided any details regarding agreement and terms.Basically,this is the inside activity of any company.You will get all related information once your application verified.
Goli Vada Pav Franchise Franchise Terms And Conditions
- Passionate about food and food industry
- Access to prime commercial property measuring 350 sq. ft. and 15 feet long frontage.
- Power and water connection, high traffic areas like railway stations, market area, business, college and residential catchments.
- Invest 10-12 lakhs to get good returns.
Goli Vada Pav Franchise Requirements
Goli Vada Pav Franchise Area Required
Enterprising men & women willing to join Goli family as franchisee should be passionate about spreading the food revolution should have property in high streets measuring approx 100 sq ft to 200 sq ft. The property should have at least 10 ft frontage with Power & water connection imperative
Goli Vada Pav Franchise Regions Of Operation
Goli Vada Pav has around 16 outlets in Mumbai alone. It also has various outlets in Gorakhpur in North to Calicut in South and from Porbandar in West to Kolkata in the East, it has it’s presence in Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Maharashtra, Gujarat, Chhattisgarh, Bihar, Uttar Pradesh, Uttarakhand, Jharkhand, Madhya Pradesh, Delhi,Chandigarh(U.T), Haryana, Himachal Pradesh, Punjab, Rajasthan, West Bengal, Odisha.
It is looking to expand its base and open 350 outlets all around the country since it has it’s presence in almost the entire country.
Goli Vada Pav Franchise Training
Goli Vada Pav has come up with a Goli Academy who train dropouts and 10th pass students the method of making the famous Mumbai’s Vada Pav, store management, franchise management, customer service and experience. This academy aims at empowering the street vendors and the youth.
It also conducts training programme for its employees for learning and development for restaurant operations, sales, customer service, hygiene, team work and motivation.
Goli Vada Pav Franchise Staff Requirements
A decent sized shop of Goli Vada Pav requires minimum four staff members to function efficiently.
Goli Vada Pav Franchise Profit, ROI
The company was started with an investment of ₹40 lakhs and raised upto ₹1 crore. In 2015 their revenue was ₹55 crores with around 150-200 employees in 2016.Their goal is to establish 350 outlets and increase the profit to ₹350 crores.
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How To Apply For Goli Vada Pav Franchise
The best way to submit application via online. Please follow the below steps :
- Visit www.golivadapav.com official website.
- Now click on “Franchise” option.
- Submit basic details (Name, contact no, email id, address, references etc)
- Click on submit button and its done.
However, you can also apply offline. They have share communication details in their website. You can reach them and ask for regarding the franchise .At the bottom of the article you will find all the contact details and office address.
A-107/108 Kailash Ind Complex Powai Vikhroli Link Road, Park Site Rd, Vikhroli West, Maharashtra: 400079
Monday – Saturday (10:00 AM – 6:00 PM)
Is It Profitable To Start Franchises?
Yes, It is very much profitable to start
Am I still eligible if nearby Goli Vada Pav store present ?
There is no such restriction regarding very close stores.But you should not apply while you stay very near of the same store.The simple reason is that if you don’t get lot of customers , you won’t earn much profit.make sure that there is no store at least 5 to 10 kms. If you don’t know how to find their store,you can use their store locator tool online.
Who is the owner of Goli Vada Pav ?
The founder of Goli vada pav is Venkatesh Iyer who incorporated his company in 2004.Specialied products : Vada Pav, Sabudana Vada
What are the eligibility criteria to open vad pav store ?
If you want to know personal and education eligibility criteria, then there is no such restriction. The only thing they demand your working desire and dedication.
Is vad pav franchise profitable ?
Yes, the company has generated revenue from 0 to 350 cores. It shows that it has huge growth and great earning opportunity. You can start it in your city.
How much does Vada Pav Wala earn?
The actual profit can’t be calculated because it depends on multiple factors such as franchise category, sale volumes etc. However, you can know profit percentage, read our article to know more about it.
Who are the partners of Goli Vada Pav Restaurant ?
They have reputed partners who fulfill the orders ontime. These partners are Swiggy, Zomato, Ubereats, FoodPanda
So far we have shared the basic of franchise overview for this Franchise. It is the most profitable franchise. You will never doubt your decision of starting this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you