

The Unit Economics of Building a Burger Chain in India | Burgrill
In this episode, Ashish Tulsian speaks with the founder of Burgrill for some of the most honest conversations on creating a franchise model of restaurants in India, how to succeed and how not to, and what the economics of your unit really looks like. This journey starts from the time he was studying eighth standard in Indore when his family opened a bakery business, and covers various aspects of hotel management, a smoothie bar at Select City Walk, a café in Indore, a stint with his father's business of solar panels and bulletproof jackets, and eventually the founding of Burgrill in Sector 8, Chandigarh in August 2016. Here, Shreh is being completely upfront about the franchising model, from the political pressure when the franchisee fails in his business, the experience of seeing 11 stores shut down in a week because of COVID, how they have been successfully copied three times by their former franchisees, and why proprietary seasoning is the moat of the business, and everything else can be outsourced. He is explaining how Burgrill keeps track of all 69 stores using CCTV access, reads every negative comment in the morning, and evaluates their employees monthly for quality control using the incentive structure of trainers. He goes into the unit economics in detail—40% cost of goods sold, 8 to 10% rent, 15% operating costs, 25% aggregator fee—and shows why retaining 40% of the business through dine-in and takeaway is necessary from both a philosophical and a mathematical perspective. He goes into how his positioning around being a guilt-free, grilled neighborhood burger made for everyday consumption, his brown bun, which his customers rebelled against when he once switched to a white bun, and how his passion for product development has helped him introduce the first-ever plant-based burger in India, a chili oil line in 2021, and a hot truffle sauce line in 2023. In the end, he reveals a concept he has not yet built—that of the Indian Chipotle—and means it. Find us online: Ashish Tulsian- LinkedIn Shreh Madan- LinkedIn Support the show


















