Top 13 Most Profitable Franchise In India (2023)
In India, the franchise industry is growing very fast, with over 300 new franchise companies starting up every year. According to the franchise industry data or statistics for 2021, the Indian franchise market is projected to grow to approximately USD 140-150 billion. Multi-unit franchisees account for 53% of all franchises in the country.
The Indian franchise market has experienced rapid growth in recent years, with a projected CAGR of 30% from 2021 to 2026.
Many entrepreneurs now see the low investment franchise as a way to start building their businesses in India. The most demanded domains for franchise businesses are automotive, education, wellness, postal delivery and fashion. Franchisees of some of the leading brands in India actively look for people who match their idea or aim and are willing to take forward their brand through franchise model. Currently, there are around 4,600 active franchise operating across different sectors in India.
Trends and Factors Fueling the Franchise Industry In India
There are different trends and factors are showing growth in the Indian franchise market:
- Number of consumer is increasing: In India, as we can see the continue growth of middle class, with this the demand of consumer goods and services is also increasing, which is driving growth in the franchise industry.
- Growing numbers of SMEs(Small and Medium enterprises) : SMEs are playing an important role in Indian economy, and many companies are turning to franchise to expand their business.
- Increasing number of Middle Class section; A key driver of franchise business in India is the growing middle class. This section of society has more disposable income and is more likely to spend money on consumer goods and services.
- Supportive Government Policies : Indian government has implemented a number of policies to support the growth of franchise industry, and government also gives tax incentive, grants and other supportive measures to this industry.
Low-Cost and Profitable Franchise Ideas
Here are the some low-cost and profitable franchise business ideas, which you can start:
1. Food and Beverages
If you are thinking to start a franchise, then food and beverages is a good option such as bakery or cafeteria. These kind of businesses are always in demand and can offer a high rate of return on investment.
2. Education and Training
Education and training franchise is a good option to start, it is a never ending business. Such as a language or computer, competition exam coaching classes, school franchise can be a profitable opportunities for those with a passion for teaching and a desire to help others.
3. Retail
You can start a retail franchise like a clothing brand store, convenience stores. Retail franchise business is a good and profitable idea.
4. Health and Wellness Franchise
At the present time, health and wellness has become a priority for everyone. So if you are thinking to start a franchise then health and wellness franchise is a good option. You can start a franchise such as fitness centers or massage therapy clinics, beauty treatment centers. These franchises offer a range of services to meet the health and wellness needs of local residents and often have high rate of return on investment.
5. Home Services
Home services franchise, such as a home maintenance and cleaning, can be great opportunity for those who don’t want to work under anyone. These franchise offer low investment costs and a flexible schedule, and high return.
Top 13 Most Profitable Franchise In India
1. Campa-Cola Franchise
Campa Cola’s new owner Mukesh Ambani or Reliance has made a big announcement about offering the Campa Cola Franchise or distributorship. People who are interested to open up Campa Cola franchise or be a distributor then they will be able to do that.
Requirements for getting a Campa Cola Franchise is as simple as getting any other franchise in India. The first thing would be arranging the required capital or investment which depends on various factors like area, man-power, investment and many more. The requirements details are given below:
Manpower Required
For Campa Cola Franchise you need man power or staff for your store and manpower for this franchise massively depend on various factors like size of the store.
Area or Space
The area required to open up a Campa Cola franchise has not yet been revealed. But, it can easily be assumed that the stores need to be spacious and roomy so that activities conducted are able to be comfortably.
Investment
Right now company does not clear about the exact amount of Campa Cola Franchise on their website. According to news, the requirement of 40 lakh rupees for this franchise. The amount included the Security amount, shop or godown cost, commercial vehicle and working capital included.
For other important details you can visit to the website.
Also Read: How To Get Campa Cola Franchise In India- Campa Cola Franchise Cost, Profit, Ijnvestment
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2. Dhaba Express
Dhaba Express is a fast-food chain that has been successfully franchised in India. It is a profitable and successful franchise because of its traditional and local menu. It also provides a great opportunity for small-scale entrepreneurs to become franchisees.
3. Subway
Subway is the world’s biggest sub-sandwich chain globally. It was established in 1965 by Fred DeLuca. Since then, Subway has been one of the top best franchise opportunities in India.
The company has created a loyal customer base through its choice of sandwiches and many types of salads.
Undoubtedly, the Subway franchise chain in India is among the most profitable franchises. Company has a good and impressive market position, owning more than 44,000 outlets across 110 countries in the world.
You can start a Subway franchise with an investment as low as INR 40 lakhs to INR 60 lakhs by requesting the franchise brochuer on Subway’s website.
4. Dominos
Dominos is one of the most famous pizza delivery brand, and it now has more than 1400 outlets in India. Their promise to deliver pizza in 30 minutes has made them very popular in India. With this popular brand, you can start a Domino’s franchise at your place and make money with it.
To start Domino’s franchise you will need a space of 1500 square feet for a traditional store and a minimum investment of 50 lakhs. For more details you can visit to the Dominos official website.
5. Giani’s
When we think about the ice creams parlor in India, the most popular and oldest name comes in our mind is Giani’s. Giani’s was established in 1956 by Giani Gurcharan Singh. There are many ice cream parlors in India, but Giani’s is arguably one of the India’s oldest and profitable and most successful franchise.
Giani’s has saw huge returns on investment through company-owned and franchise stores. Giani’s offers a franchise opportunity for willing entrepreneurs in investment. The cost of franchises ranges from INR 11 lakhs to INR 14 lakhs, making it a low investment franchise business in India, with expecting 10% profit initially.
6. Jawed Habib Hair and Beauty Ltd.
When we discuss about some of the popular and successful franchise in India, one cannot forgot the name Jawed Habib. Jawed Habib Hair and Beauty Ltd. established in the year 2006, it is one of the oldest, most popular and prestigious hair and beauty salons. This venture has gained the trust of many celebrities and millions of common people.
It was started as a small business but now it has grown as one of the top franchises in India. Therefor, to apply for Jawed Habib franchise, you need to meet a few basic requirements.
Requirements Detail:
- Minimum Investment – INR 20 to 30 lakhs
- a good commercial space or good prime location
By completing some basic requirements you start Jawed Habib Hair and Beauty ltd. For more details you can also visit the official website.
7. DTDC Courier And Cargo Ltd.
DTDC was founded in the year 1990, it is a network of messenger stores in India. The company consistently conveys a large number of shipments across India, making it one of the best franchise in India.
The Company has more than 10,000 locations across the world to ensure that its selective business continues nonstop, transporting packages locally and globally. Indians can establish a DTDC establishment business through DTDC.
DTDC is one of the top 100 companies in India. The cost of the DTDC franchise in India is low due to its resilient overcoming of adversity. The Minimum investment you need to get this franchise is INR 50,000 to 2 lakhs. It is the fastest growing establishment plan of action in India.
8. Lenskart
Lenskart is the another leading name or brand in the list of most profitable franchise business in India. It is a chain of optical shops trading prescription eyewear founded in the year 2010. It is one of the leading eyewear brands operating offline and online and also expanding its retail stores.
Lenskart mostly focuses on BLU glasses, prescribed power spectacles, frames and goggles. This business model is in the list of government franchise which get comprehended as a unicorn prescription eyeglasses firm.
Today, Lenskart intends to be the biggest player in the vision correction and assistance market industry. The company is planning to open more offline outlets, from 330 outlets to 500 outlets in the coming days. Moreover, it only requires an investment of INR 30 to 35 lakhs to start its franchise.
9. Haldiram’s
Haldiram’s is the most favorite savory and sweet brand of India that offers all the franchises amazing opportunities to start their new business. The brand has now achieved global popularity with an exceptional presence in more than 23 countries when you take up Haldiram’s franchise, you start enjoying the benefits instantly as being already a well established snacks brand, you do not need to pt extra efforts into establishing the brand. Haldiram’s is loved by people of all ages, all over the country for all of its products.
The truly awesome range of products offered by Haldiram’s is an unmatched and most favorite. You will not have to spent a lot of amount o brand promotions and marketing to achieve profits. You just need to spend only for franchise fees and there no additional or hidden costs underlying for the business.
Also Read: HALDIRAM’S FRANCHISE – Business Idea
10. Patanjali
Are you thinking to start your own business? What about a business where the brand had already reached its highest peak in marketing? Here we are talking about the most successful and famous brand – Patanjali, it is a brand which has already placed its footprints amongst the top brands in the country and soon in the world.
Patanjali Ayurveda is a fastest growing brand marketed by Baba Ramdev. Patanjali has become a household brand in India within a few years and is backed by thousand of Patanjali franchise outlets across the country in both rural and urban areas. Patanjali Ayurveda is looking to add more franchisees, dealers and distributors to its existing network. Get a franchise and run a business where you ought to sell one of the best quality and organic products. In almost 3 lakh+ stores, Patanjali’s products are available, and there are over 5000+ franchise stores with over 1000+ manufactured products. In this article, we will provide all the related details about how to start a Patanjali Franchise business in India.
Patanjali Franchise Scheme – 1. Patanjali Gramodhyog Nyas
2. Patanjali Mega Store
3. Patanjali chikitsalaya & Arogya Kendra
11. Amul Ice Cream Parlor
Amul is a well-known franchise brand in India. It has been business for almost 75 years and is known for its high quality.
If you are planning to open a franchise business, then Amul ice-cream parlor is a good business idea for you. Amul has about 1,500 ice-cream shops in India.
For an Amul ice-cream franchise outlet you need at least 300 square feet in good location. The space must be well-decorated and have air conditioning.
The first investment can be under INR 5 lakhs. So, opening an Amul ice-cream parlor night be a good business idea. It is one of the most popular low-cost franchise in India.
12. Eurokids
The foremost ideology of Eurokids pre-school got founded in 2001. It recognizes the warmness and supervision needed to promote evolving minds. In an environment that feels like a residence, it fulfils all the requests for attention and development necessary for children of that age group.
Eurokids is a second home for kids of its priority on child security and responsibility to motivate active parental involvement throughout these vital developmental years of their kids.
It is a low investment franchise business idea that one can choose and make good profit, with an investment amount of INR 10 to 20 lakhs.
13. Bata
Bata India is the biggest retailer and manufacturer of footwear in India and is incorporated as Bata Shoe Company Private limited in 1931. It was the first manufacturing plant in the Indian shoe industry to receive ISO:9001 certifications. It is also a part of the Switzerland-based Bata-Shoe Organization. The stores of Bata are present in good locations and can be found in all towns, metros and mini-cities.
To get Bata franchise you need to fulfil all the details given below:
- Area Requirement : If you want to open Bata Showroom at your place, you need a prime location in high streets, preferable corner locations and other location with sufficient visibility. To include all these facilities, the space required should have a minimum area of 1000-2000 square feet.
- Cost and Investment : If you have your own land or location space then you don’t need to invest any thing for this. For other things investment amount required to start Bata franchise will be from INR 30 lakhs-50 lakhs.
- Return On Investment : Return on investment is a kind of performance measure to provide the amount of return on an investment, which can be expected up to 40-45 % on sales.
To know more about Bata Franchise get more detail from Bata’s Official website and
Opportunities and Challenges For Franchisees in India
While the franchise industry in India offers many opportunities for entrepreneurs, it also comes with its own set of challenges. Here are some key opportunities and challenges faced by franchisees in India given below:
Opportunities
- One of the main advantages of franchising is that franchisees have access to an established brand and business model, which can help them get started fast and effectively.
- Franchisees in India can benefit from extensive support and training from the company, which can help them established and grow their business.
- With A established and popular brand you can expand your business easily and also tap into new markets by leveraging the brand and marketing efforts of the franchisor.
Challenges
- Starting a franchise in India can be expensive, with high upfront costs for franchise fees, marketing and another expenses.
- Franchisees are required to follow a strict business model and may have limited freedom to make changes to their business.
- Franchise in India face stiff competition from other franchisees and independent businesses, making it difficult to establish and grow their business.
The Future Of The Franchise Business In India
The franchise business in India has been growing steadily in recent years, and this trend is expected to continue in the future. India’s large and diverse market, along with the country’s economic growth and increasing consumer demand, presents significant opportunities for both domestic and international franchise brands. Additionally, the government’s efforts to promote entrepreneurship and simplify business regulations have further fueled the growth of franchising in India. With the rise of e-commerce and digital technologies, franchise businesses are also leveraging online platforms to expand their reach and provide more efficient services. Overall, the future of the franchise business in India looks bright, and it is expected to be a key driver of economic growth and job creation in the country.
Conclusion
In conclusion, the franchise business in India has emerged as a significant contributor to the country’s economic growth and employment generation. The Indian market presents enormous opportunities for both domestic and international franchise brands, fueled by the government’s support and the country’s economic expansion. Franchise businesses are leveraging digital technologies to expand their reach and provide more efficient services, making them more accessible to consumers. The future of the franchise business in India looks promising, and it is expected to continue to grow and evolve, contributing to the country’s economic development in the years to come.
With the right approach and proper guidance, small businesses in India can leverage the franchising model to reach new heights of success and prosperity.
FAQs
Q.1. Which franchise is most profitable in India?
Ans. These are the most profitable franchise in India:
- Domino’s franchise store.
- Dr Lal Pathlab Franchise.
- FirstCry Franchise Store.
- VLCC Franchise Salon.
- Kidzee Franchise.
- Jockey Franchise Store.
- Delhivery.
- Lakme Salon Franchise.
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Q.2.Which business franchise is profitable?
Ans. Profitable franchise businesses vary depending on the industry, but some of the most successful ones include food and beverage, retail, education, healthcare, and personal services.
Q.3. What are 3 advantages of franchise business?
Ans. 3 advantages :
. Reduced risk of failure.
- Ongoing business support.
- Market expertise.
