In this current scenario, almost every individual prefers to run a franchise instead of starting their own business. A franchise business brings numerous benefits and lessens the risk of business failure. If we talk about the Indian franchise market massive growth has been seen in recent times. If you are thinking about owning a franchise business in India, then there are numerous options in numerous fields, such as Business, Food, Coaching Institute Franchise, Health and Wellness, and so on. In this article, we will shed light on the distinct franchise options available in India. Along with this, we will also mention how much money they need for a startup and how much profit they might get.
Here is the list of various franchise options available in India:
Food and Beverage Franchises
One of the best franchise options in India is the Food and Beverage franchise. In this field various national and international franchise business options are available. Such as:
KFC: It is a lucrative franchise business in the field of food with a possible profit margin of 7-8%. To buy this franchise the estimated initial investment is ₹96 lakh.
Domino’s: Domino’s is another best franchise option in the field of food and beverages. The initial investment for this business is almost ₹30 lakh and the profit margin for this franchise business is 8%.
Subway: Subway has a good name in the food industry, and investing in this franchise business is quite lucrative. With ₹6.5 lakh investment, you will get a 10% ROI.
Retail Franchises
Investing in a Retail franchise business in India is a good opportunity to earn high profit. Numerous high-brand businesses provide franchise offers in India are:
FabIndia: FabIndia is a store retailing garments, home decor, fabrics, and other handmade products. The initial investment to be a part of this business is ₹50 lakh with a potential profit of 17-20%.
FirstCry: It is a multinational Indian retail company that deals with children and maternity products. The starting amount to invest in this business is ₹20 lakh with almost 18-20%.
Lenskart: Lenskart is one of the leading multinational Indian companies that deal with eyewear products. To invest in the Lenskart franchise business option the initial cost is ₹20 lakh with ROI 30%.
Health and Wellness Franchises
If you want to invest in the health and wellness industry, there are numerous growing franchise options available in India. Some profitable franchise options available in the health and wellness field are:
VLCC: VLCC is one of the popular franchise options in the wellness and beauty industry. The initial investment for this business is 15 lakh with ROI up to 50%.
Dr. Lal PathLabs: It is a growing blood test laboratory in India that has centers almost in every state. The invest amount required to invest in this business is ₹2 lakh. It offers almost 20% ROI.
Education Franchises
Investing in an education franchise business is highly lucrative. In India, various education franchise options are available. Here are some of the top:
EuroKids: This is a popular preschool franchise, that provides preschool and K-12 classes coaching and makes children ready for bright futures. The starting amount to invest in this business is ₹12 lakh with a 20-25% profit margin.
Kidzee: Kidzee is an education franchise that has more than 19000 centers around the world. To own the Kidzee franchisee the initial cost is ₹12 lakh and the profit is around 20-25%.
IBT: IBT is one of the leading coaching institutes renowned for providing government exam coaching. This institute has branches in almost every city. So, if you want to invest in Education Franchise, it is the best and most highly profitable option for you.
Conclusion
In India’s franchise market, you will get numerous lucrative options whether you want to work in retail, education, health and wellness, or logistics and courier services. Some of them are mentioned above. All you have to do is search well to find the franchise Options that fit your goals and interests. In this way, you will easily find a franchise business that requires less investment amount and in return generates a high ROI(Return on Investment).
