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At a glance
50 Lakhs - 1 Cr
Investment Range
6 - 10
Franchise Count
2,001 - 5,000 sq.ft
Area Required
18 - 24 months
Payback Period
2
Years in Franchising

Indian Spice Franchise

Franchise & Brand Snapshot

Brand Name Indian Spice
Industry / Business Category Restaurant / Casual & Fine Dining
Founded Year 2018
Franchise Started Year 2023
Total Franchise Outlets 1–10
Estimated Investment INR 50 Lakh – 1 Cr
Franchise Fee INR 15,00,000
Royalty Fee 5% of revenue
Space Requirement 1,000–4,000 sq. ft
Staff Requirement Corporate chefs, general managers, executive chefs, purchase managers, and kitchen staff
Expected Payback Period 1–2 Years

1. What is Indian Spice?

Indian Spice is a restaurant franchise operating in Western India, including Maharashtra, Gujarat, Rajasthan, Goa, and Bengaluru. The brand provides multi-cuisine dining experiences, banquet services, and casual to fine dining options. It targets families, corporate clients, and travelers seeking authentic North Indian, Mughlai, South Indian, Chinese, and Indian sweets. It falls within the broader restaurant and hospitality franchise category.

2. How the Business Works

Franchise outlets operate as multi-cuisine restaurants serving dine-in, takeout, and event-based services. Customers engage through in-person visits for meals, parties, or corporate events. Daily operations involve food preparation, service management, staff coordination, and event hosting. Revenue is generated from food sales, banquet bookings, catering services, and occasional special events or festivals.

3. Products or Services Offered

Casual Dining Multi-cuisine menu including North Indian, Mughlai, South Indian, Chinese, and Punjabi dishes
Fine Dining Full-service restaurants with curated ambiance and menu
Banquet & Party Services Space for birthdays, anniversaries, and corporate events
Confectionery & Indian Sweets Desserts and traditional sweet offerings
Catering Services Event catering for corporate and personal functions

4. Franchise Structure and Operating Model

Franchise partners manage local restaurant operations, including staffing, customer service, and event coordination. Responsibilities include kitchen management, procurement, marketing, and sales. The franchisor provides operational support, training, sales and marketing guidance, menu standardization, and consulting services. Franchisees maintain quality, operational standards, and customer experience in alignment with the brand.

5. Franchise Cost and Investment

Estimated Investment INR 50 Lakh – 1 Cr
Franchise Fee INR 15,00,000 for licensing and brand support
Setup Costs Interior design, kitchen equipment, furnishings, initial inventory, and marketing
Royalty / Ongoing Payments 5% of revenue covering ongoing support, branding, and operational guidance

Investment primarily covers restaurant setup, staff onboarding, and operational readiness.

6. Space and Setup Requirements

Required Space 1,000–4,000 sq. ft for dining, kitchen, and event areas
Preferred Locations High-footfall urban centers, national highways, and commercial areas
Equipment Needs Commercial kitchen appliances, furniture, point-of-sale systems, and event setup materials
Staffing Corporate chefs, kitchen staff, service personnel, and management team

7. Training and Franchise Support

  • Operational training in kitchen management, food preparation, and service delivery
  • Marketing and sales support to attract local and corporate clients
  • Consulting for menu standardization, event management, and quality control
  • Supply chain and procurement guidance for consistent ingredient sourcing
  • Ongoing business development and operational assistance

8. Revenue Model and ROI Factors

Revenue is generated from dine-in sales, banquet bookings, catering services, and confectionery sales. Repeat business is driven by local reputation, menu diversity, and event hosting capabilities. Operational efficiency, staff performance, and marketing impact profitability. The expected payback period is 1–2 years depending on location, customer volume, and event bookings.

9. Brand Background and Expansion

Established 2018 under SURYMERLIN HOSPITALITY LLP
Franchise Launch 2023
Number of Outlets 1–10
Geographic Presence Maharashtra, Gujarat, Rajasthan, Goa, Bengaluru, and national highway locations
Expansion Strategy Scale through franchise partners in high-demand regions with multi-cuisine and event-focused operations

10. What Makes This Franchise Different

Indian Spice integrates multi-cuisine restaurant operations with banquet and party services, creating dual revenue streams. Unlike standard single-format restaurants, it combines casual dining, fine dining, and event hosting under one operational framework. Franchisees benefit from diversified income, professional operational support, and brand recognition across multiple locations.

11. Key Advantages of the Franchise

  • Established brand with over 50,000 customers
  • Multi-cuisine and event-based revenue model
  • Operational support and training from experienced hospitality professionals
  • Scalable format suitable for urban and highway locations
  • Repeat customer potential through dining and event services

12. Who Should Consider This Franchise

  • Entrepreneurs interested in hospitality and restaurant management
  • Investors seeking multi-format restaurant opportunities
  • Professionals with experience in food services, catering, or event management
  • Franchisees targeting urban centers with high dining and event demand
  • Business owners aiming for combined casual dining and banquet revenue streams

Similar Franchise Opportunities

  • Mainland China – Multi-cuisine casual dining franchise with urban presence
  • Barbeque Nation – Buffet and event-focused restaurant franchise
  • Oh! Calcutta – Fine dining and regional cuisine restaurant franchise
  • Sagar Ratna – Multi-cuisine casual and fine dining chain
  • Barista Coffee Franchise – Food and beverage combined with café and small-event hosting

These brands operate in multi-cuisine and hospitality-focused restaurant sectors, providing comparable franchise opportunities for urban and highway markets.

Food & Beverage Restaurants B2C Owner-Operated Family
Investment and financials
Cost overview
Investment range 50 Lakhs - 1 Cr
Franchise / Brand fee ₹15 Lakhs
Royalty / Commission 5%
Investment tier High
Area required 2,001 - 5,000 sq.ft
Staff required 8 - 25
Setup complexity Complex
Business term 10 Years
Renewal available Yes
Returns outlook
Expected monthly revenue
₹9.4L – 31L
Revenue model Low
Business model B2C
Break-even
Capital payback 18 - 24 months
Capital sensitivity Medium
Investor fit profile
Operations
Operation mode Owner-Operated
Location type High Street/Mall
Property required High Street/Mall
Home-based possible No
Can run part-time No
Primary customer Family
Market characteristics
Seasonality Low
Recession resistance High
Digital integration High
Years in franchising 2 Years
Avg units / year
Ideal for
Serial entrepreneur Business family deploying surplus capital
Franchise support
Provided by brand
Not provided by brand
Data not available
Tax System Inclusion
Franchise Manuals
Head Office Support
Field Assistance
Agreement Template
Marketing Co-op Fund
Training and agreement details
Training location
Head office
Business term
10 Years
Renewal available
Yes
Brand strength
2 Years
Years Franchising
Avg Units / Year
2018
Founded
C
Brand Tier
C
Tier C — Startup brand with early market presence
A+Established AMature BGrowing CStartup
Startup
Forefind rank history
Current rank
#
Restaurants category
2025
Based on Forefind scoring model
Licences and compliance
Required licences and registrations for operating this franchise in India. Requirements may vary by state and city tier.
FSSAI
Eating House License
Fire NOC
Setup complexity:
Complex

Frequently asked questions
Q What is the investment required for Indian Spice franchise?

The total investment ranges from INR 50 Lakh to 1 Cr, covering restaurant setup, kitchen equipment, interior furnishing, initial inventory, and marketing expenses. The franchise fee of INR 15,00,000 provides brand licensing and operational support.

Q How does the Indian Spice franchise business operate?

Franchise partners run multi-cuisine restaurants offering casual dining, fine dining, and banquet services. They manage staff, food preparation, customer service, and event operations with guidance from the franchisor on marketing, operations, and menu standards.

Q What space is required for the franchise?

Franchise outlets require 1,000–4,000 sq. ft, including dining areas, kitchen, and event spaces, preferably in urban or high-footfall commercial zones, including national highways for strategic visibility.

Q How long does it take to recover the investment?

The expected payback period is 1–2 years, depending on outlet location, customer traffic, event bookings, and operational efficiency of the franchise.

Q How can investors apply for the franchise?

Prospective franchisees can contact Indian Spice to submit an application, complete onboarding, receive training, and launch a franchise with access to operational, marketing, and consulting support. ## Similar Franchise Opportunities

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