Best ten profitable business franchises in India (under 10 Lakh)

Franchise based business models have flourished in every country with a sustainable working class and a huge market where youth comprises a big part of that. First China and now India are showing compliance with this trend. Many developing nations like Brazil and South Africa have also shown a similar adherence to this pattern. And summing up the predictions of this trend it is obvious that the franchise model is going to be a success in the Indian subcontinent.

One example of such a business would be starting a salon franchise to sell beauty and skincare products alongside various grooming services. Such services already have 175+ salons all over India in more than 40 cities. Setting up such a franchise would cost an investment of approximately 10 lakhs with a floor area of 500 sq. Opening up one such outlet would add to the no. of branches that the franchise has and the same outlet can attract customers on the basis of trust and public image that the franchise name has earned over the course of time. It’s thus a win-win for both the franchise owner and the store owner.

Looking up to the success of one such franchise model in India is the example of Bharti Airtel. The telecom giant released the quarterly report for its Home Services Segment on 18th May 2020. Analyzing the performance of its expansion to 1.8 lacs homes in India via the Franchise model, the company exclaimed that Airtel succeeded in reaching all these homes via their franchise tie-ups in 11 cities. Thanking its franchise participants, the final numbers released to show how Airtel was able to pull off the growth of 3% as of March 2020 because of these franchises expanding their presence in localities where earlier it wasn’t feasible expanding on a sole basis by Bharti Airtel.

Franchise Models thus are having a bright future in a diverse market such as India. And hence, today’s article would be focusing on how you can plan on taking on a franchise outlet to run your own business. What would be the Investment involved and what are the various prerequisite parameters you have to meet to step foot in your first franchise business store. In today’s article, we would be discussing the top ten profitable business franchises that have a bright future ahead, given the market of India, and how you can invest a definite estimated sum on franchises that will possibly have the best returns with minimum risk involved. Here we go:

1. KATHI JUNCTION

As the name suggests, this business’s name was inspired by the Indian delicacy Kathi Roll. Navneet Sajwan stepped into the Food and Beverages segment by launching his own food line by this name in 2009.

With a Pan India expansion till now, the business has already reached 150+ cities in 25 states of India. Based on the Franchisee Owned Franchisee Operated (FOFO) Model, the area required for setting up would be 250-1500 sq. feet. With the investment ranging from 7 lacs to 30 lacs, the royalty to be paid is a mere 4%. Thus, this business has succeeded as of yet, and hence anyone willing to step into the food and beverages segment, this one is a good go.

2. XERO DEGREES

This brand as of yet has only expanded in Delhi-NCR and with a few outlets in Chandigarh and other few in Panjab and Haryana, but is planning on expanding soon to Dehradun and Bangalore and later on to Hong Kong and France making the vision go from Pan India to International and hence collaborating with such a name would be a big thumbs up. 

Popularly known as ‘the cheese paradise’, this is very famous among the young café goers in India. Kashish Aneja and Shivam Kakkar came up with this idea a few years ago. Based on the Franchisee Owned Franchisee Operated (FOFO) Model, the area required for setting up would be 300-1000 sq. feet. With the investment ranging from 25 lacs to 40 lacs, the royalty to be paid is at a decent 8%. The expansion is promising and thus this business makes it to our list.

3. DTDC FRANCHISE

High Chances are that you’ve heard about this name by now. DTDC has made sure that doorstep delivery isn’t just a dream for India anymore. While the world markets were blazing with Amazon, Alibaba, and other such home delivery businesses everyone thought it would be difficult to apply such a model in India. Companies like DTDC made it possible. 

Subhashish Chakraborty came up with the idea back in 1990 in the Courier and Delivery segment and thus has managed to have 1000+ outlets in India over a course of 30 years. Based on the three CF and MF Models, the area required for setting up would be 250 sq. feet. With the investment ranging from 0.5 lacs to 2 lacs, the royalty to be paid is sustainable and hence a suitable franchise business to invest in.

4. LENSKART

Everyone today whenever thinks of business to approach for a solution to eyewear thinks of Lenskart. Makes sense as this one is the biggest online portal for eyewear in India. Founded in 2010 by Piyush Bansal, Amit Chaudhary, and Sumeet Kapahi as an online portal for contact lenses in India. Based on aiming at the eyewear segment, the area required for setting up would be 300-500 sq. feet. With the investment ranging from 30 lacs to 35 lacs, the royalty to be paid is decent, and have today 330+ outlets in India.

5. FABINDIA

Founded by John Bissel in 1960, this one is a solution to keeping up with the changing trends on a budget. Based upon aiming at the retail businesses, the area required for setting up would be 700-1500 sq. feet. With the investment ranging from 40 lacs to 50 lacs, the royalty to be paid is decent while they have 175+ outlets. So, a good go.

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6. GIANI’S FRANCHISE

If you love Ice Creams this one is for you. Founded by Giani Gurucharan Singh back in 1956, this business belongs to the Food and Beverages Segment. Based upon aiming at the desserts and Ice Creams businesses, the area required for setting up would be 80-300 sq. feet. With the investment ranging from 10 lacs to 20 lacs, the royalty to be paid is decent while they have 50+ outlets.

7. AFFINITY SALON FRANCHISE

Founded by Vishal Sharma in 1992, this is a synonym of grooming and luxury. Considered among the top 100 in the world, it aims at the beauty and wellness businesses. The area required for setting up would be 1500-2000 sq. feet. With the investment ranging from 30 lacs to 50 lacs, the royalty to be paid is decent while they have 100+ outlets.  

8. THE SALAD STORY

Supriya Chopra launched this business in January 2018 to cater to the growing demand for healthy eating in India. Based upon aiming at the Food and Beverage segment, the area required for setting up would be 300-1000 sq. feet. With the investment ranging from 30 lacs to 60 lacs, the royalty to be paid is decent while they have 10 outlets in India.

9. THE BREW ROOM

Brew places are growing exponentially as a result of this trend among the Indian youth to dine out at chill places. Based on the Franchisee Owned Franchisee Operated (FOFO) Model, the area required for setting up would be 1000-1500 sq. feet. With the investment ranging from 55 lacs to 120 lacs, the royalty to be paid is a mere 7%. They are aiming at PAN India expansion. 

10. PUNJABI BY NATURE

Established in 1998, they serve one of the best North Indian delicacies. Based on the Franchisee Owned Franchisee Operated (FOFO) Model, the area required for setting up would be 350-4000 sq. feet. With the investment ranging from 37 lacs to 200 lacs, the royalty to be paid is a mere 7%. With Food and beverages Industry being ruled by North Indian Dishes lately, this one is a good go. 

So, these were our top picks for profitable Business Franchises in India. 

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