One of the biggest franchise marketplaces in the world has long been acknowledged to be India. Success is influenced by multiple factors.
To begin with, the nation has one of the biggest consumer marketplaces due to its massive population. The most lucrative franchises in India will always be in the fast food, restaurant, healthy food, and retail industries. According to research, the franchising market in India is estimated to reach USD 100 billion by 2024 and is growing at a rate of 30 to 35% each year.
The second problem stems from recent developments in the nation, namely the liberalization and globalization of the Indian economy and the privatization of the healthcare and education sectors. Consequently, the industries with the highest potential for profit in India are education, training and career development, health, and senior care. Here are few major problems faced by MSMEs that every MSME owner should know.
The nation’s administration is likewise worried about pollution. Recycling and ecologically conscious businesses are therefore among the most popular franchises. However, in the current pandemic scenario, the most lucrative franchises are those that are connected to IT and online ordering services, such as couriers, call centres, and e-commerce.
Top 10 Most Profitable Franchise Business In India
Many franchise company concepts have the potential to be very profitable in the short term. It’s important to keep in mind that even though the investment might seem substantial, the net revenue will far outweigh it. Here are the top ten most profitable franchise opportunities for businesses in India:
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1 KFC – Investment Required: Starting from ₹96 Lakh
There are very few other food franchises that come up before KFC when customers search for fried chicken. The quality and flavour of the products have added to KFC’s loyal customer base. Given Indian consumers’ passion for fried chicken, a KFC franchise store for this brand promises enormous earnings despite the seemingly high initial cost.
- Needed space: 1000–1500 square feet.
- The official website of the franchise has information about it.
- Profit and Margin: net sales profit of 7% to 8%
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2 FabIndia – Investment Required: Starting from ₹50 Lakh
FabIndia, a well-known brand in the fashion and garment industries, can be an excellent choice for a profitable franchise business in India. It currently outsells competitors such as Zara and Levi’s in retail garment sales in India. Obtaining a franchise of this company may be profitable because its products are specifically tailored to Indian people and cultures.
- 1000-1500 square feet of space is required.
- The official website contains information about the franchise.
- Profit and Margin: 17%-20% net profit
3 Kalyan Jewellers – Investment Required: Starting from ₹1 Crore
Throughout the course of more than 43 years in the business, Kalyan Jewellers has shown its ability to create and sell jewellery goods. Interest in its jewellery made of gold, silver, and diamonds has been shown by its audience. 21 Indian states and union territories are home to its stores. This franchise should generate significant profits.
- Needed space: 1000–2000 square feet.
- The official website of the franchise has information about it.
- Margin and Profitability: 12%–20% net profit
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4 Kake Di Hatti – Investment Required: Starting from ₹43 Lakh
Kake Di Hatti, an Old Delhi family restaurant, has a devoted following for its traditional North Indian fare. For almost nine decades, it has successfully maintained constant quality.
Being one of the common food franchises, this hotel’s popular foods include naan, curries, rice dishes, desserts, and drinks. This restaurant’s franchise company might be extremely lucrative because it caters to the tastes of Indians.
- Area needed: 1000-2000 sq. ft.
- Details about the franchise may be found on the official website.
- Profit and Margin: 20% net profit
5 Lenskart – Investment Required: Starting from ₹20 Lakh
This well-known Indian eyeglasses firm is well-known for its broad assortment of eyewear, contact lenses, and other eyewear that is both striking and one-of-a-kind. The products are available for purchase in both physical and online locations. Because the products are well-liked by Indians, this franchise business concept has the potential to generate a healthy return.
- Area required: 300-500 square feet.
- Details about the franchise may be found on the official website.
- The return on investment (ROI) is 30%.
6 Tumbledry – Investment Required: Starting from ₹18 Lakh
As of 2019, Tumbledry has successfully taken the lead as India’s largest cleaning and laundry company. It is an expert in dry cleaning, laundry, carpet and bag cleaning, shoe and bag repair, and more. This brand is available in more than 80 locations and has over 300 stores. Because of the existing clientele, a franchise business might find it advantageous to turn a profit quickly.
- 200–300 square feet are needed.
- information from the official website about the franchise
- Net profit takes up half of the profit margin.
7 Giani – Investment Required: Starting from ₹12 Lakh
Over the years, the Indian ice cream and fast food chain Giani has developed a devoted following of patrons. At the moment, it offers a selection of ice cream and desserts, including sundaes, kulfi, and falooda. In addition, it caters to parties and events and sells snacks like sandwiches and burgers. It runs a sizable number of locations and retailers all throughout India. This franchise has the potential to turn a profit soon.
- Needed space: 150–300 square feet.
- The official website of the franchise has information about it.
- 20% net profit margin.
8 Pepperfry – Investment Required: Starting from ₹10 Lakh
In 2011, a modern internet furniture company was established. At the moment, it has 28 locations with over 70 stores. Moreover, customers can choose and customize furniture according to their appearance on the company’s online store. Since people are starting to show interest in creative home décor, it might be a good option for a profitable franchise once more.
- Size required: 400–1200 square feet.
- The official website of the franchise has information about it.
- Profit and Margin: 20% to 25%.
9 Amul – Investment Required: Starting from ₹1.5 Lakh
With operations dating back to 1946, it is among the most venerable and established dairy brands in India. Among the various foods that Indians love are milk, cheese, butter, and ice cream. With clients spread across 40 countries, its products enjoy great popularity. With a modest upfront investment, AMUL’s franchising model has the potential to be profitable.
- It takes up to 150 square feet of space.
- Visit the official website for more information about the franchise.
- Profit and Margin: There is a 20% to 50% gross profit margin.
10 DTDC Cargo and Couriers Ltd – Investment Required: Starting from ₹50000
Desk-to-Desk-Courier, or DTDC, has been one of the most popular and favoured courier services since its inception in 1990. DTDC stands out among competitors due to its excellent network in both domestic and international markets. With this franchise business, you may make a lot of money with a small investment.
- Area needed: 350-500 sq. ft.
- Details about the franchise may be found on the official website.
- Profit and Margin: ROI of 20%
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Conclusion
Listed above are some of the best franchise businesses in India that we hand-picked. A franchise may be the most secure option for a first-time business owner looking to establish an enterprise. The ideas in this article are straightforward to implement and require little financial investment. These are easier to earn from because they already have a customer base.