Are you an entrepreneur looking to start your own business?
You have the investment ready, but uncertain about which business to start with?
Franchise Business might be the one you can start with.
So, what is a franchise business?
In simple words, a franchise business is a type of business where a private group acquires the business logo, name, and model of a well-known company to sell its products and provide services under that company’s name.
So, what happens next is that the cost of publicity gets reduced. Also, as the brand is well renowned, people have a good relationship as well as huge trust in the brand.
The next question that might come into your entrepreneurial mind:-” Is franchise investment a good option in India? ”
Yes, if the business plan is executed in the right direction, the business might earn huge profits along with a benefit of relatively lesser hassles.
Also, the franchise business that you are going to opt for must be a profitable one, and the choice should be a smart one.
To make it easy for you, we will list out some of the best franchise businesses that might interest you. Further, you can consider them and choose the best one according to you.
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10 Best Franchise Business In India 2020
1. Patanjali
Franchise Investment: Approx. Rs.10-15 lakhs (Small Shops) and Approx. Rs.1 crore (Mega Store)
About the brand
Patanjali Ayurveda is well-known for its herbal products. Founded by Baba Ramdev and Bal Krishna, Patanjali has a lot of recognition in India as the products are of great quality and made in the country itself.
Products Offered:-
- Natural Health Care Products
- Ayurvedic Medicines
- Natural Food Products
- Herbal Home Care
- Patanjali Books
- Natural personal care and Skin Care
Why Choose Patanjali
There are a lot of Patanjali fans in the market, especially the older generation of the country. All of these followers have a huge trust in Patanjali’s product quality.
Also, a huge product line and that too natural could be a huge profit for you as a businessperson.
Benefits of Patanjali Franchise:-
- Patanjali is well-known in both rural and urban areas.
- Patanjali is expanding at a very fast rate.
- There are a lot of Patanjali’s loyal customers.
Franchise Application
You can apply for Patanjali’s franchise online through their website by fulfilling the required documents and demands.
2. Domino’s
Franchise Investment: Approx. Rs.30-50 lakhs
About the brand
Domino’s is an American based pizza restaurant chain founded in the year 1960. Dominos’ was declared as the largest seller of pizzas in February 2018. An agreement of 5 years has to be signed with Jubilant FoodWorks Ltd. in case you want to sign up for a traditional domino’s. The term becomes 10 years in the case of traditional and non-traditional stores.
Products Offered (The list keeps on getting updated):-
- Multiple varieties of Pizzas
- Beverages
- Pasta
- Garlic Bread
- Choco Lava Cake
- Tacos
Why Choose Domino’s
Domino’s has a huge client base who love to enjoy Domino’s pizzas. There is no doubt that every foodie visits Domino’s frequently for a great meal. Also, the pricing of the products is reasonable, and the customers can enjoy the premium quality.
Benefits of Domino’s franchise:-
- Could be highly profitable
- Dominance in the pizza market
- Remarkable customer service
- Highly reputed
Franchise Application
You can express your franchise interest in Domino’s online on their website. Further, you have to clear the telephonic interview, and then you are good to go.
3. Puma
Franchise Investment: Approx. Rs.40-50 lakhs
About the brand
Puma is a leading German multinational corporation that manufactures apparel, casual footwear, and accessories. Also, Puma is the third-largest sportswear manufacturer across the globe. The company first appeared in the Indian market in the year 2006 and appears in the top 100 franchise brands list.
Products Offered:-
- Shoes
- Clothing
- Accessories
Why Choose Puma
Puma requires no introduction when it comes to brand recognition. The brand is focused to ensure sustainable and profitable business to its partners. Also, the company is one of the fastest-growing companies in India.
Benefits of Puma Franchise:-
- Excellent support
- High demand for products in the market
- Best quality products. Extremely comfortable and stylish.
- Wide variety of products
Franchise Application
Interest in the franchise can be expressed on the Puma’s website under the retail store tab. Further, the company checks the location and licensing of the plot.
See Also: Top 10 Startups In Bangalore 2020
4. Tanishq
Franchise Investment: Approx. Rs.5-15 crore
About the brand
Tanishq is a jewelry brand under the division of the Titan company. Founded in 1994, headquartered in Bengaluru, the brand has huge recognition in the Jewelry market. The brand owns around 300 stores across the nation with earnings from exporting jewelry in countries such as UAE.
Products offered:-
- Earrings
- Diamond and Gold rings
- Bangles
- Mangalsutra
- Pendants
- Gold Coins
Why Choose Tanishq
Tanishq has several types of jewelry collection along with gifting options. Moreover, the company owns Rivaah and Mia. It is no doubt that the Tanishq franchise is a huge investment but the returns can be equally good as well.
Benefits of the Tanishq franchise:-
- Exceptional products quality
- Exclusive designs
- Chances of huge profits
- Massive brand value
Franchise Application
You can apply for the Tanishq franchise through their franchising page under the business opportunity tab.
5. Dr. Lal Pathlabs
Franchise Investment: Approx. Rs.50,000-200,000
About the brand
Founded in 1949, Dr. Lal Pathlabs is an international diagnostics and health care service provider. The company has a wide menu of 3500 tests, 12 million customers, and over 6 decades of experience.
Services offered:-
- Home collection
- Radiology Appointment
- Health checkups
- Diabetes care program
- 3500 tests
Why Choose Dr. Lal Pathlabs
The company has internationally accepted quality programs. Above all, Dr. Lal Pathlabs is India’s highest accredited laboratory having accreditation from CAP, NABL, and Ministry of science and technology, Govt. Of India.
Benefits of Dr. Lal Pathlabs Franchise:-
- Largest diagnostics chain
- Good returns
- Less investment
- Trusted by people all over the country
Franchise Application
You can apply for the Dr. Lal Pathlabs franchise by visiting their “Partner With Us” page.
Further some of the requirements are:-
- 100 sq ft of area required
- Franchise fee of Rs. 50,000
- 25% to 30% comission
6. Naturals Ice-Cream
Franchise Investment: Approx. Rs.15-25 Lakhs
About the brand
Naturals is an Indian Ice-cream manufacturing and selling chain. The company first started its operations in the year 1984 with the first store in Juhu, Mumbai. Since then, the company has received a lot of love from its customers due to the most different and natural feeling ice-creams. The company now has 135 ice cream stores operational in India. Above all, the company does not spend even 1% of their revenue on publicity and purely rely on the customer’s mouth.
Products Offered:-
- Seasonal ice cream flavors are Sitaphal, Mango, Chikoo, Kala-Jamun. Jackfruit, Peach-apricot, Litchi, and Guava.
- Full-year ice cream flavors include Tender-coconut, Choco-Almond, Coffee-Walnut, Choco Bite, Kaju Kismis, Kesar-Pista, Anjeer, Roasted Almond, Choco Cream, and Malai.
Why Choose Naturals
Indians tend to have a sweet tooth and they love to enjoy the unique refreshing tastes of Naturals ice-creams. The refreshing flavors that these ice-creams have are loved by people of all age groups.
Benefits of Naturals franchise:-
- The ice-cream brand is one of the most reputed brands in India
- Gross profit margins of around 55%
- Exceptional ice cream flavors
- Loyal customer base
Franchise Application
The franchise application form has to be filled online.
Further there are certain requirements:-
- Outlet must have proper parking space
- Total minimum area of 200-500 sq. ft. and front area of the outlet should be 8 to 10 feet.
- Food license, establishment license, and shop license.
- Distance of 5 to 7 km between two Naturals ice cream franchises.
7. Archies
Franchise Investment: Approx. Rs.15-20 Lakhs
About the brand
Archies was started in the year 1979. The company initially sold books, posters, and patches while the main product, greeting card, came out in 1980. Archies now sell personalized gifts, greeting cards, and more for all occasions at reasonable rates. The brand is very popular among the youth of the country due to its brilliant gifting ideas.
Products Offered:-
- Flowers
- Cakes
- Personalized Gifts
- Home Decor
- Accessories
- Jewelry
Why Choose Archies
Everyone loves Archies due to the gifts it offers and that too at a very convenient pricing. Moreover, the gifts are always in demand as Archies have gifts for all sorts of occasions. Be it a birthday gift, wedding gift, or anything else, Archies is the way to go.
Benefits of Archies Franchise:-
- Products are always in demand
- Large customer base
- Highly profitable
Franchise Application
Franchise applications can be applied online through their website’s franchise tab.
Below listed are some of the requirements:-
- Minimum carpet area should be 500 sq. ft.
- Store should be on the ground floor at a prime location with good frontage.
8. Lakme Cosmetics
Franchise Investment: Approx. Rs.45-65 Lakhs
About the brand
Lakme is an Indian cosmetics brand owned by Hindustan Unilever Pvt Ltd. The company was founded in the year 1952 and is the number one cosmetics brand now in India. The company serves in India and Nepal. The company offers a wide range of products and has more than 240 stores scattered across 60 markets.
Products Offered:-
- Makeup collection
- Skincare products
Why Choose Lakme
Lakme has a great reputation in terms of the quality of products. There is a high level of satisfaction among customers,and women just love to buy Lakme cosmetics a lot.
Benefits of Lakme franchise:-
- Profitable investment
- The company does a lot of advertising
- Premium products
- Always in-demand
Franchise Application
You can simply visit Lakme’s official website and fill out the application form to express your interest in their franchise.
Some of the requirements are:-
- Area of 900 sq. ft.
- Minimum investment of Rs.50-60 lac.
See Also: Top 10 Startups In Pune 2020
9. Jockey India
Franchise Investment: Approx. Rs.40-50 Lakhs
About the brand
Jockey is an American manufacturer and retailer of sportswear, sleepwear, and underwear for both men and women. The company is the first one to invent Y-briefs for men and is a recognized trademark in 120 countries. The brand is well-known and is well recognized for its comfortable offerings.
Products Offered:-
- Innerwear
- Apparel tops and bottom
- Lingerie for women
- Face masks
- Towels
- Socks
- Yoga gear
Why Choose Jockey
Jockey is one of the most preferred brands when it comes to purchasing innerwear. The company’s product quality is much appreciated and people love to purchase jockey. Be it a junior or an adult, the jockey is a sort of status symbol in itself.
Benefits of Jockey franchise:-
- You can expect excellent returns
- Strong distribution network
- The company provides remarkable support to franchisees
Franchise Application
You can apply for the jockey franchise through their franchise tab on their official website.
10. Subway
Franchise Investment: Approx. Rs. 5-6 Lakhs
About the brand
Subway is an American restaurant franchise that sells sandwiches and salads. It is one of the fastest-growing franchises, as of October 2019, with 41,512 locations in more than 100 countries.
Products Offered:-
- Wraps
- Sandwiches
- Breakfast
- Salads
- Chhota Sub
- Snacks
- Slider and Drinks
Why Choose Subway
The food and beverages offered by Subway are delicious and the foodies love to have them. Thus, there is a huge demand for subway products in the market. The food is a great value for money and everybody could easily afford it.
Benefits of the Subway franchise:-
- Low start-up cost
- Continually ranked no.1 franchise
- One of the most recognized brands worldwide
- World-class support
Franchise Application
You can visit the subways’s official website and head over to own a franchise tab. Further, you have to fill the required form with all the details to express your interest in the franchise.
Concluding Words
All of the above-listed companies are the most well-known companies in India. Customers are loyal to these companies and love the products that are offered by all of these big MNCs.
Further, these might be some of the most profitable franchises that are in the market until now. Not only that, but the success rate of business also becomes much higher as the companies are already very well established.
Thus, a smart pick according to your area’s demand and small analysis can prove to be a huge fortune for you.
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