Top 5 Franchise Business Ideas in India: Do you want to know about the most profitable franchises in India? Well, you have come to the right place! It is no secret that brands found in other countries are now setting up shop on Indian streets as well.
And what? The most profitable franchise opportunities in India are often found within these chains. It is quite straightforward really. International brands are opting for franchises in India to grab a bigger share of the market.
These big-name brands know that India is a huge market. And tapping even a piece of it can bring in a lot of profits. This is why many global companies are keen to set up shop and expand in India.
Franchise Business Ideas
A lot of entrepreneurs in India are turning to franchising. Why? Because it is often easier than starting a business from scratch. But what exactly is a franchise business, and how do you get one? Well, now even common people can get in on the action and start their own small franchise business in India.
What is a Franchise Business?
What is a Franchise Business? Well, it is a business model where the owner, also known as the franchisor, allows another person, known as the franchisee, to use his products, expertise, and brand name. Of course, this comes with a small fee, called the franchise fee.
The franchisor has to provide all the necessary services to the person who buys the franchise. In return, the franchisee pays a royalty fee, which is agreed upon when signing the contract. This fee usually ranges from 5% to 12%, depending on the industry and how profitable the business is.
Franchise businesses are seen as a really effective way to increase market share, and they make good profits. This is because the franchisor gets a hefty franchise fee. Also, they get paid for any training and support they provide. The store owner then pays the franchisor on a regular basis, either monthly or quarterly.
Top 5 Franchise Business Ideas in India
DTDC Courier Services
Founded in 1990 in Bangalore, DTDC has grown to become one of the country’s leading delivery services. Countless small and large businesses rely on it to efficiently transport goods and merchandise.
With a network of over 1000 franchise stores, DTDC covers most parts of India. This is why it is often seen as one of the best franchise business ideas in India.
Pizza Hut
Pizza Hut is a popular fast-food chain that is loved by many in India for its delicious pizzas. It is known for serving great food and providing plenty of seating options at most of its outlets. Depending on where it is located, a Pizza Hut franchise can earn anywhere from Rs 1 to 3 lakhs per month. This is why it is often considered one of the best food franchises in India.
3M Car Care
3M Car Care is a favorite among vehicle lovers due to its excellent service and reputation. Many automotive dealerships also recommend 3M Car Care for services when customers shop.
With over 80 stores across India, it is easily accessible in most metropolitan areas. Given its wide presence and reputation, 3M Car Care has the potential to become one of the best franchise businesses in India.
InXpress
InXpress is a leading delivery company in India known for its reliable and timely service. It is the top choice when it comes to choosing a franchise in India.
Customers consistently praise InXpress for being cost-effective and its ability to deliver goods promptly even in rural areas, thanks to its wide network. With 20 to 50 stores across India, InXpress is a reliable option for shipping needs.
Dr. Batra’s Clinic
Dr. Batra’s Clinic is the largest chain of homeopathic clinics in India, providing treatment for various issues such as asthma, skin diseases, hair care, and allergies. Their natural medicines have benefited more than 1.5 million people worldwide.
Known as one of the fastest-growing healthcare companies, Dr. Batra’s Clinic boasts of over 100 clinics in over 40 locations across Asia, the UAE, and the United Kingdom. They have also expanded beyond India, setting up ten facilities overseas, earning praise for their patient-centric approach.
Now operating in five countries including India, the United Kingdom, the UAE, Bangladesh and Bahrain, Dr. Batra’s Clinic is a trusted brand known for its skilled professionals. To become a franchisee, you will need a minimum space of 500 square feet and an investment of around Rs 25-30 lakh.
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FAQ
1. How much money does it take to get a franchise?
Instead of starting your own business, you can also start by taking a franchise of a company. Some amount is required for this. This amount can be 5-10 lakhs or even more. It depends on the brand value of the company whose franchise you want to take.
2. What will have to be done to get a franchise?
If you want to start a low-investment franchise business, then you can open a training center by joining the Pradhan Mantri Kaushal Vikas Yojana. To open this center, you will have to get permission from the government. For this, you will have to apply and you will also have to follow the government guidelines.
3. How many types of franchises are there?
There are four different types of franchise models. First company-owned company-operated, second company-owned franchise-operated, third franchise-owned company-operated, and fourth franchise-owned franchise-operated.
