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VIDEO INTRODUCTION:
In today's episode of the Indian Business podcast, we are thrilled to welcome Dheeraj Gupta, the visionary founder of Jumbo King. Established in 2001, Jumbo King has transformed the fast food landscape by popularizing the beloved vada pav in a quickservice format. With over 145 locations across major cities, Dheeraj's journey is a testament to innovation and resilience in the culinary world. So, if you're looking to venture into the franchise business or simply curious, this episode is a mustwatch!
Time stamp
00:00:00 Trailer
00:02:36 Story of the Jumboking Founder.
00:07:05 From MBA in Finance to Sweet Shop?
00:15:20 Creating a National Sweets Brand?
00:18:30 Why most Businesses Fail?
00:24:51 Logistics behind running a Sweet shop?
00:37:04 What attracted you to the Vada Pav business?
00:40:35 Unit Economics of Jumboking store?
00:47:10 Secret recipe of Jumboking?
00:50:22 Scaling and Product Consistency.
00:54:12 Jumboking Order to Delivery Process?
00:57:51 Transition from Vada Pav to Burgers?
01:05:06 Unit Economics of Burger?
01:08:50 Logistics behind running a burger Franchise?
01:14:06 Blueprint to Build a Successful Food Brand?
01:22:37 Advice for aspiring entrepreneurs?
01:26:02 Different Types of Franchise Business Models?
01:40:08 FOFO Model: Company vs Franchisee Roles
01:47:42 Jumboking Quality Check Process?
01:50:53 Key Challenges for Jumboking Stores
01:55:47 What is the contribution of the Franchisee?
01:59:21 Franchisee Owner Selection Process
02:03:58 Monthly Expenses of Jumboking Store?
02:06:19 Identifying Franchise Red Flags?
02:15:44 Ensuring Store Owner Commitment
02:17:58 How do you choose the real estate?
02:25:38 Faced Social Media Backlash for Store Failures?
2:26:30 Why are Business Coaches Important?
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