Introduction
The franchise business model has become a popular choice for brands looking to expand their operations in India, and there are numerous low-cost franchise opportunities available in the market. With its large consumer base, India offers immense potential for profitable franchise businesses, benefiting both franchisors and franchisees. In this article, we are going to look at the most profitable franchises there are in India.
Below, there is the list of some of the most profitable business opportunities in India:
Tumbledry
Recognized among the “Top 10 Retail Start-Ups-2021” by CEO Insights, Tumbledry is the largest laundry and dry clean chain in India with 250+ stores across 75+ cities. Started by veteran industry experts with 25+ years of experience across reputed organizations like Airtel, Britannia and Reliance, Tumbledry is an e-commerce organization founded with a mission to solve the laundry woes of half a billion urban Indians.
Laundry is a latent problem that has been begging for the right solution for a very long time. To solve this problem, Tumbledry is opening live laundry stores, providing world-class services, within every 3km radius in urban India. Store operations are completely integrated with the customer mobile apps. Tumbledry stores also offer dry cleaning, shoe cleaning, shoe repair, bag cleaning, bag repair and carpet cleaning services along with laundry services.
Dunkin’ Donuts
Dunkin’ Donuts is a popular network of donut shops and cafeterias that was established in 1950 in the United States.
With over 11,000 outlets across 36 countries, the business approached the Indian market in 2012 and has already launched over 50 outlets here. Since it has an aim of scaling and spreading further in the country, it is currently offering franchises at an investment of Rs. 8-10 lakhs. You will need a space with 500-600 sq. ft. area.
Subway
Subway is the largest sub-sandwich chain in the world. Subway was started by Fred DeLucea in 1965 to help pay his college tuition fees. Subway’s mission is to provide service of the highest quality to its customers at affordable prices, something that every brand abides by nowadays.
Today, Subway is one of the few mainstream fast food joints that thrive on the promotion of a range of healthy food options. With salads and endless sandwich combinations on a variety of bread such as whole wheat, multigrain, and gluten-free variants, Subway has created a loyal customer base in the process. Today it is recognised in the Beverages and Food segment as one of the best franchise businesses in India.
Giani’s
Giani’s is one of the oldest ice cream parlors in India. It was founded by Giani Gurcharan Singh in 1956. When he launched Giani di Hatti amidst the bazaars of Chandni Chowk, Old Delhi, it only had rabri, faluda, and mango shake which won countless hearts at that time. Giani’s has become unstoppable since then.
Giani’s went on to launch several company-owned and franchise outlets in Northern India and experienced big returns on its investment. Today, It is among the best franchises to own in India that offer huge returns on a relatively small investment in the Beverages and Food segment.
Jawed Habib
‘Jawed Habib’ is a hair grooming and wellness brand founded by Jawed Habib. Jawed comes from a family of barbers; thus, haircutting was not new to him. His grandfather was the barber of famous dignitaries such as Lord Mountbatten and Pandit Jawaharlal Nehru. Following the legacy, Jawed’s father was appointed as the official hairstylist of Rashtrapati Bhawan.
But Jawed Habib had different plans and wanted to establish his brand nationwide. He succeeded in his entrepreneurial endeavors and also played a crucial role in changing the paradigmatic view of a barber. Jawed transformed the image of an ordinary barber into that of a glamorous hairdresser.
InXpress
InXpress has partnerships with world-class carriers that handle pick-ups and deliveries. InXpress determines the right carrier and service option for customers’ requirements at economical prices. The brand gives entrepreneurs the setup to build a flexible business with the support of a global franchise system and is also among the low-cost franchise businesses.
DTDC
Subhashish Chakraborty is the founder, chairman, and managing director of DTDC Courier and Cargo Ltd. The brand came into being in 1990 in Bangalore and has over 1000 franchise units in India today bringing in a wonderful franchise business opportunity for the enthusiasts out there. DTDC pioneered the franchise-based model in the express industry and is still deemed as the company with the top franchise opportunities.
Lenskart
Lenskart is one of the fastest-growing eyewear brands in India. It operates both online and offline. Lenskart was founded by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi as an online portal for contact lenses in 2010. In 2011, eyeglasses and sunglasses were also added to the range. The brand didn’t stop there and ventured into launching offline stores to expand its retail footprint.
As of now, the expansion plan is focused on increasing the number of offline outlets to 500 from the existing 330 outlets. With the demand for vision correction that Lenskart brings to the scene, the company is thus aiming to be one with the highest profit franchises.
FabIndia
FabIndia was founded by John Bissell in 1960 and has become a household name today. It is loved by all age groups alike. FabIndia has crossed the INR 1,000 crore sales mark to become the largest retail apparel brand in India; it is significantly ahead of competitors like Zara and Levi’s India. The brand stays true to its original essence of embracing and propagating Indian culture through apparel and other products. FabIndia has been adding new categories of products consistently.
Pepperfry
Established in 2011, Pepperfry is headquartered in Mumbai, Maharashtra as an online furniture business that operates 60+ physical stores or Pepperfry studios spread across 28+ cities along with operating as an online ecommerce store. The company launched its Franchisee Program in September 2017 and is currently operating 20+ FOFO Studios across many Indian cities including Bengaluru, Mysore, Hubbali, Indore, Goa, Lucknow, and more.
Kake di Hatti
Kake di Hatti is an inter-generational restaurant that has been running successfully for more than seven decades. It began as a small shop in Old Delhi’s Chandni Chowk in 1942 and soon turned into a household name. Kake di Hatti has garnered loyal customers due to its high-quality eatables. Kake di Hatti gives out franchise licenses only after ensuring that the franchise owner will be able to maintain the high-quality standards that the restaurant is known for.
EuroKids
EuroKids is one of the most prominent pre-school chains in India and is also grown to be among the best franchises with low investment. It was founded by Prajodh Rajan and Vikas Phadnis in 2001, and it was their ‘child first’ ideology that led to the success of EuroKids. EuroKids has come a long way from being a publishing company to a full-fledged playschool chain that parents nationwide have bestowed their trust in. With over 1000 pre-school centres in more than 350 cities across India, Nepal, and Bangladesh, the brand has created a stellar reputation for itself as a perfect place for nurturing young minds. It endeavours to fully utilize this growth by investing INR 500 crores in setting up nearly 2,000 more schools in many more cities.
The preschool sector in India has witnessed steady growth over the years and is expected to grow at a compound rate of approximately 32% in the next 3-4 years.
Affinity Salon
Vishal Sharma founded the Affinity Salon group in 1992. Sophisticated and experienced staff coupled with luxurious, upmarket interiors and an international range of beauty products distinguish Affinity Salon from its competitors. The brand has also secured a place among the Top 100 Best Salons of the World in the Salon Red Book.
The unisex salon franchise has set a benchmark for delivering global standards of hair care and beauty services in the country. Affinity Salon has seen steady growth and maintains nearly one hundred outlets in India. It plans to expand its outreach to many other Indian cities due to the increasing demand for unisex salons.
Kalyan Jewellers
With an experience of more than 43 years in the industry, Kalyan Jewellers has shown expertise in creating and selling jewellery items. Its audience has taken an interest in its jewellery items made from gold, silver, diamonds, etc. Its outlets are present across 21 states and UTs in India. You can expect hefty profits from this franchise business.
Lakme
One of the oldest and most reliable cosmetic brands, Lakme has a strong hold over Indian consumers. Currently, Hindustan Unilever owns the brand, with more than 150 physical outlets. Its makeup and skincare products are popular across India. It can be a good choice for a franchise store if you have a basic knowledge of such products.
PizzaHut
With the growing popularity of pizzas among Indian residents, Domino’s outlets have made a serious business here. Currently, it has over 1400 outlets in India. Apart from pizza, which is its most popular product, the company also offers other food items like pasta, garlic bread and chicken wings. You can consider this franchise business for making good revenue without having to invest much.
Dr LalPathlabs
Founded in 1949, Dr LalPathlabs has become a reliable pathology laboratory brand in India. Currently, it has more than 3000 centres across various cities and even in international locations. Some of its services include clinical laboratory tests, genetic testing imaging and radiology services, etc. The cutting-edge facilities and equipment used in these labs make them reliable to the Indian residents, which can be a good reason for choosing this franchise.
Delhivery
Delhivery is a new age and modernised addition to the field of express logistics. Established recently in 2011, this brand has become a serious competition for traditional companies like BlueDart and Gati Ltd. Its freight pick-up and deliveries franchise is called Constellation. Moreover, it offers another type of franchise called Cosmos, which includes a network of stores delivering to residents and commercial offices.
Archies
This company has a network of over 500 national and international outlets, as it is a very famous brand that is well-known for selling greeting cards, personalized gifts, artwork, and other such things. Its products have been winning the heart of millions of people since 1979.
They have an array of the unique collection of gifts for anniversaries, birthdays, mother’s day, valentine’s day, farewell, and all such occasions. Hence, starting an Archies store can be a profitable business for you as it does not require a lot of staff to work for you, and you can start it with a floor area of 500 Sq Ft.
An investment of around 12 lakhs is needed for inventories, designing, music, and other such accessories. You can earn a decent amount of about 25%-30% every month from it.
Conclusion
Opening a franchise business is a superb idea considering the current marketing trend in the country. One of the best things about it is that the parent company provides you the service in which they do the marketing for your business.
