A franchise setup allows the franchisee to benefit from low risk and a support system, while the franchisor benefits from business expansion. As a result, rather than taking the risks associated with starting a new business in a volatile market, people prefer to own a profitable franchise business in India.
If you want to start a franchise India business, this article will be helpful. We have compiled a list of the top five most profitable franchise business opportunities in India. Continue reading to make an informed decision.
- VLCC
VLCC Group aspires to be a Global Wellness brand. Vandana Luthra founded the brand in 1989, and it has already served over 5 million customers. The beauty and wellness chain extends beyond national boundaries. The company offers 169 skincare, body care, hair care, fortified foods, and functional foods products under the VLCC Natural SciencesTM, SkinMTXTM, BelleWaveTM, and EnavoseTM brands.
For a period of five years, VLCC grants franchisees the right to use the VLCC brand name, products, and standards.
2. Chai Sutta Bar
The Chai Sutta Bar, which has over 300 franchisee outlets across India, has demonstrated the viability of tea as a business venture. The brand is also available in countries such as Oman, Nepal, and Dubai. Its franchise is available in several locations.
The company has two Franchise models:
a. FOFO or Franchise Owned Franchise Operated
b. COCO or Company Owned Company Operated
Both models have good ROI with good brand value.
3. Domino’s
The Domino's franchise is lucrative due to the high demand for its product and the flawless franchise business model. The first Domino's outlet opened in New Delhi in 1996.
You cannot contact the brand directly for franchise opportunities because it is affiliated with Jubilant Foodworks. Domino's weekly royalty is 5.5%. Before applying for a franchise, please ensure that there are no other Domino's locations within 5 kilometres of your location.
4. AMUL
Brand Amul offers a lucrative business opportunity with high returns on investment. The Amul Model has aided India in becoming the world's largest milk producer.
Milk brand franchisees can choose from Outlet, Railway Parlor, or Kiosks. Every franchisee can earn around Rs 5 to 10 lakhs per month from a franchise. Or they can earn margins of up to 20% on the retail of a variety of products depending on the shop location.
Amul-branded outlets must be 100 to 300 square feet in size and have an air-conditioning system.
5. Patanjali
With a market value of more than 10,000 crores and a billion-dollar valuation, Patanjali is now a major player in the FMCG sector.
Patanjali products' franchise cost or price is determined by the type of franchise, which varies depending on your investment capacity or location.
There are plenty of franchise business opportunities in India that suits different types of categories as well as budget.
