What is a Franchise Business?

Even though one can plan its own identity for owning a business but when it comes to possibilities of success then obviously franchise is the better option. We take any brand in any industry in any city then we can see only few names who are the leaders in the domain and when we study in deep than the particualar store must have in business for last many years or may be more than twenty years. We can take an example of any ration store or any garment store in any metro or small town , if someone is doing a great business then he must be doing it for last twenty years.

Here comes the franchise option to enter any business without having any experience in that. Franchise option gives you quick access to understanding the business and to enter the super competitive market of any metro city or any small city. The profits of owning and selling a franchise go both ways; the franchisor and franchisee reap benefits. Once the franchisee gets access to the brand’s consumer base, support, legal counsel, and training, the franchisor can further expand the business in untapped markets; thereby, increasing the market share and revenues.

Best Low Cost Franchise Business Opportunities in India

Here are listed some of the most profitable Franchise Business Opportunities in India (Under INR 10 Lakhs):

Profitable Franchise to apply for:

FRANCHISEAPPLICATIONCATEGORY
TumbledryApply HereLaundry & Dry Cleaning
Lakme SalonApply HereBeauty & Wellness
VLCCApply HereHealth & Wellness
JockeyApply HereClothing
FirstCryApply HereKids & Baby Products
KidzeeApply HerePre-school
Meatwale.comApply HereMeat Retail Chain Store
Giani’s IcecreamApply HereFood and Beverage
Affinity SalonApply HereBeauty & Wellness
FabIndiaApply HereRetail (Fashion)
SubwayApply HereFood and Beverage
GoldGymApply HereHealth & Fitness

Top 12 Profitable Franchise Business Opportunities in India

Tumbledry

FRANCHISE BUSINESSTUMBLEDRY DRY CLEAN & LAUNDRY SERVICE
IndustryLaundry & Dry Cleaning
Founded in2019
InvestmentINR 25 Lakhs
Franchise UnitsMore than 250

Lakme Salon

Lakme Salon Franchise

Business LineBeauty & Wellness
Investment50-60 Lakh
Area Required900 sq. ft.
Total Salons400+

Lakme is considered a leading beauty brand in India for decades. If you are looking for a highly profitable franchise in the beauty & wellness industry, Lakme salon can be a fool-proof option. It was the first brand to start a salon chain to cater to the grooming and beauty care requirements of women.

Lakme already has a huge customer base in India. A prospective franchisee should be able to devote sufficient time and effort to run the business. The brand also demands their partners to have a customer-centric approach and go that extra mile for customer satisfaction. So, if you are passionate about their business ethics then you should apply for a franchise. Lakme offers sustainable growth in its business model.

VLCC

VLCC Franchise Salon

Business LineHealth & Wellness
InvestmentBeauty Salon: 30-32 Lakh
Beauty & Wellness Center: 65-70 Lakh
Area RequiredBeauty Salon: 800-1000 sq. ft.
Beauty & Wellness Center: 1800-2200 sq. ft
Total Outlets236+

VLCC Group is on its way to become a Global Wellness brand. Started by Vandana Luthra in 1989, the brand has already served over 5 million customers. The chain of beauty & wellness is active across the borders as well. Under VLCC Natural Sciences™, SkinMTX™, BelleWave™ and Enavose™ brands, the company offers 169 skincare, body care, hair care, fortified foods and functional foods products.

VLCC grants the franchisees to use the VLCC brand name, products and standards for a period of five years. You can opt for any of two franchise options depending on your investment and preference:

  • Beauty Salon
  • Beauty & Wellness Center

Afterwards, the franchise has to be renewed. The brand charges a 15% royalty on monthly basis. The franchise fee varies from location to location depending on the potential of the city/ location.

Jockey

Jockey Franchise Store

Business LineClothing
Investment45-50 Lakh
Area Required1000 – 1400 sq. ft.
Total Outlets900+

Jockey International Inc. traces its origin to the Wisconsin, USA. The brand is trusted widely for its innerwear, sleepwear, and sportswear for people of all age groups. It is a well-recognized trademark across 120 countries.

Jockey has a tie-up with Page Industries Limited, a Bangalore-based company. It is the exclusive licensee of Jockey for the manufacturing, distribution, and marketing of Jockey across India, Nepal, Bangladesh, Sri Lanka, Oman, Qatar and UAE.

The sales of Jockey India grew by 35% in FY 2022 over FY 2021. This shows that the brand has very high return ratios which is improving systematically. If you are interested, you will need to open an exclusive Jockey store (preferably in a main location or main market area).

FirstCry

FirstCry Franchise Store

Business LineKids & Baby Products
Investment20-30 Lakh
Area Required1000 – 2000 sq. ft.
Total Stores400+

FirstCry was established by the Mahindra Group of Companies in 2010 to offer high-quality baby and kid products at an affordable price range online. Later in 2011, they started FirstCry franchise distribution.

FirstCry is the largest baby & kids product range in Asia. Currently, it sells 2000+ top brands like Ben10, Disney, Hotwheels, Farney, Pampers, Barbie, Gerbers, Pigeon, and Mattel. The franchise agreement of FirstCry will be valid for 5 years after which partners have to renew it. Interested individuals should have entrepreneurial and leadership skills to run the stores flexibly as per the market trends. Also, the brand demands the franchise store staff to be polite, courteous and have the skills to work as per the needs & preferences of parents.

Kidzee

Kidzee Franchise

Business LinePre-school
Investment12-15 Lakh
Area Required2000-3000 sq. ft.
Total Centers2000

Kidzee is known for bringing a positive change in pre-school education. It has been a part of the preschool journey of more than 900,000 children. If you are passionate about the field of education then you should consider Kidzee for franchise business.

The premises must have internet connectivity, CCTV and AC. Also, it should be ideal to accommodate indoor and outdoor playing areas. Franchise partners have to share 15% of the total revenue with the franchisor Kidzee.

Meatwale

Meatwale Franchise

Business LineFood and Beverage
InvestmentINR  15 Lakhs
Area Required200 to 350 Sq.fi
Total Centers85 Plus across India

Meatwale is one of the pioneer companies in India that delivers raw and fresh meat right to the consumer’s doorstep. Although 73% of Indians eat meat and seafood, the entire industry is highly unorganized. The idea behind starting Meatwale was to change the way Indians experience meat. Meatwale mainly deals in raw mutton, raw chicken, and non-veg ready to eat snacks like chicken and mutton kebabs, salamis, sausages, gym diets, kofta, chops, Galouti kebabs, Nuggets, momos, and many more. Company has a Pan India Toll Free 18002700026 which takes care of deliveries and queries.

Meatwale ensures that customers get farm-fresh, antibiotics-free chicken and good-quality meat. Customers can place their orders online at Meatwale.com or can buy from Meatwale’s 80 Plus retail outlets present across 12 states of India. Meatwale is currently operating in cities including New Delhi, Bengaluru, Chandigarh, Dehradun, Faridabad, Gurugram, Ghaziabad, Greater Noida, Jaipur, Kundli, Hubli, Dharwad, Lucknow, Mumbai, Manipal, Mohali, Santhekatte, Noida, Pune, Sonipat, Udupi and coming up with more locations soon.

Giani’s Icecream

Giani’s Icecream  Franchise

Business LineFood and Beverage
Investment10-20 Lakh
Area Required1000-2000 sq. ft.
Total Centers100+

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.

Affinity Salon

Affinity Salon Franchise

Business LineBeauty & Wellness
Investment30-50 Lakh
Area Required900 sq. ft.
Total Centers100+

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.

FabIndia

FabIndia Franchise Store

Business LineRetail (Fashion)
Investment40-50 Lakh
Area Required900 to 2000 sq. ft.
Total CentersApproximately 175+

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.

Subway

Business LineFood and Beverage
Investment54-90 Lakh
Area Required800-2000 sq. ft.
Total CentersMore than 500

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.

GoldGym

GoldGym Franchise 

Business LineHealth & Fitness
Investment1 Crore to 4 Crore
Area Required1200-3000 sq. ft.
Total Centers700 plus

Gold’s Gym has become the largest co-ed gym chain in the world with over 700+ clubs in 27 countries, across 6 continents serving more than 2 million customers. Gold’s Gym India started in the year 2002 in Mumbai. The Year 2021 marked the 19th Anniversary of Gold’s Gym India. 150+ active Gold’s Gym clubs in India and a few more under construction. Multiple gym formats – Regular, Express and Activ fitness centres.

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