Which Are The Most Profitable Franchises in India?

The franchise business in India is booming, with nearly every domestic and foreign brand choosing the huge and densely populated Indian market. The franchise business model provides profits to both franchisee and franchisor; therefore, it's a lucrative business model. The franchisor offers the franchisee training and structural organisation support, conceptual clarity, a high-value brand name, legal support, etc., for a royalty and upfront commencement fee and an ongoing profit share. This works well as the franchisor expands in hitherto untapped markets and the franchisee gets a ready and tailor-made successfully running business model to start up with. So, let's dive into learning about the most profitable franchise in India.

Did you know? The best franchise business in India contributes around 1.8 to 2% of the Indian GDP and is expected to grow to 4% by 2022.

Why Franchises in India are a Profitable Business Idea?

Franchise turnover in the Indian economy is ₹938 billion, which saw a spurt of 35% nearly in just 5 years. Even during the pandemic crisis, the low investment franchise business was good because they offered many opportunities in high-growth segments, mitigated operational risks, and ensured necessary supplies even in remote and rural areas.

One of the essential franchise ideas is that both the franchisee and franchisor research each other’s expectations and business model before entering into a franchise agreement. This is not always a huge investment. If you are scouting for feasible business opportunities, the franchise business model is hugely advantageous and can be started with an investment as small as ₹1 lakh.

Business Franchise Ideas

With an investment of ₹10 lakh, here is a list of franchise businesses in India that include reputed brands and franchisors. The investment range could be ₹1 to 10 Lakh, and employment potential is high. Just remember to do your research, planning and verification before you jump at large turnovers or brand names. Profit is the name of the game. Some of the popular franchise businesses are:

The top 10 franchise ideas for profits:

The best franchise business is about making profits, and that’s why this list can help you identify the best ones for you.

1. Subway franchise outlet:

The well-recognised Subway brand is the biggest sandwich chain globally known for its filling Subs. It was started in 1965 by Fred DeLuca, who was struggling to pay his fees for tuition and college education. Its mission of providing quick service of high-quality sandwiches at great prices saw its customer base grow loyally and fast. Today Subway is recognised in the Beverages and Food segment as one of the best franchise businesses in India. Its large variety in bread-like gluten-free, multi-grain, whole wheat and more coupled with a variety of sandwiches, salads and filling Subs are very popular.

Also Read: What are the Types of Franchises Available in India?

2. Javid Habib’s Beauty and Hair Ltd.:

Jawed Habib’s wellness, beauty and hair grooming was founded by Jawed, who hails from the barber community. He used his haircutting skills to revolutionise and glamorise haircuts to a style statement. His ancestry and family skills have a major role in his success. His grandfather was the hairstylist of well-known individuals like India’s first PM Pandit Nehru and Viceroy Lord Mountbatten. His father was the official hairstylist of Rashtrapathi Bhavan or the President of India. Jawed’s visionary and entrepreneurial endeavours led him to establish his brand globally through franchise organisations in India. He should be credited for bringing a sea change in the societal perception of Indian barbers.

3. Affinity Salon:

Before Vishal Sharma popularised unisex salons in 1992, men and women generally used barbershops and beauty salons! Affinity Salon is a brand name providing luxury salon interiors, experienced staff, international beauty products and more to provide a luxury experience. It was rated among the top hundred salons globally by the Salon Red Book. The idea of a franchise opportunity in the unisex salon brand is appealing and profitable. Affinity Salons plans to take its reach over India being the best franchise in India. It has seen a steady uptick of loyal customers who love the brand, exclusive hair treatments and wellness regimens.

4. InXpress Deliveries:

InXpress, founded in 2011, has a well-established global partnership network of units that handle the deliveries and pickup of courier items using top-end carriers and facilities. They offer great and realistic prices for their services and provide their franchisees with a reliable brand name to provide global deliveries at economical prices. The flexible business opportunity is a low-investment, high returns business model. 

5. DTDC Cargo and Couriers Ltd.:

In 1990, Subhashish Chakraborty, Managing Director and Chairman of DTDC Cargo and Couriers Limited, exploited the need for a reliable global courier service and thus, the Desk-to-Desk-Courier or DTDC was founded in Bangalore. It is a low investment franchise offer that has grown from strength to strength. Today, it boasts over 1000 plus franchise outlets in its pioneering and express delivery business model for courier and cargo items.

6. Lenskart:

Lenskart offers the best eyeglasses and frames with a customized optometrist appointment, advice and combination offer to provide complete eyewear solutions. Started in 2011 by Amit Chaudhary, Piyush Bansal, and Sumeet Kapahi, Lenskart began selling sunglasses and eyewear and expanded to offline stores, online services and complete eyewear solutions. It has over 330 plus franchisees and is available all over India. The franchise opportunity has good profits and is hinged on Lenskart’s expansion plans to take their footprint in retail eyewear to every nook and corner of India.

7. Eurokids Play Schools:

The Indian pre-school sector has grown steadily and is anticipated to compound its growth rate by a third in the next few years. Founded in 2001, Eurokids has an enviable reputation for being the best playschool for preschoolers. The duo of Vikas Phadnis and Prajodh Rajan was centred on the ‘child first’ ideology and making all kids the First Child that led to their phenomenal success. Though it was initially a publishing company that forayed into preschool education, its full-fledged and well-equipped playschools earned a fan following rapidly. It has a presence of over 1000 franchise outlets in 350 cities spread over Bangladesh, Nepal and India. Its plans for improving its market are to set up 2,000 more playschools with over ₹500 Cr infusion to make Eurokids the best place for quality education to nurture and shape young minds.

8. Kake Di Hatti Eatery:

This old restaurant is intergenerational and offers typical North Indian food. Having grown from a small local restaurant in the old market area of Chandni Chowk in New Delhi, its food items are the favourites of old-timers, youngsters, tourists, and foodies in the area. They have maintained their quality and flavour for over nine decades and offer phenomenal returns to their very selective band of franchise outlets. Kake Di Hatti is growing and is a top franchise in India and a great opportunity to make a fortune in the food and beverages segment.

9. Giani’s Ice Creams and Desserts:

This is one of the oldest and well-loved Delhi-based ice cream parlours. Giani’s Ice Creams and Desserts range of Indian deserts like Rabri, Faluda, Halwa, Mango, and other fruit shakes is healthy, refreshing and worth its price. It was founded in 1956 by Giani Gurcharan Singh. It was fondly referred to as Giani’s when it started amid the hustle and bustle of Delhi’s oldest market area. Since then, it has grown manifold to emerge as the favourite of not just its customers but of investors in its company-owned outlets all over India as well. It is famous and known throughout North India. It is among the best franchises to own in India that offer huge returns on a relatively small investment in the Beverages and Food segment.  

10. Kathi Junction rolls and wraps:

Kathi Junction is a great franchise offer with a range of 4 business models ranging from an investment of ₹6 to 18 Lakhs. It offers a variety of food items of the Mughlai cuisine like biryanis, rolls, shawarma rolls, wraps, kebabs, grilled chicken, main course and side items, etc. It needs a total well-located area of 300 to 1500 sq. ft. With its presence spread all over India, it is a hit with foodies and entrepreneurs alike. Started by Navneet Sajwan in 2009, it has 150 plus outlets across 25 states in India.

You can also check out the Haldirams franchise, Starbucks, Apollo, KFC, Domino's franchise if you want to start the best franchise in India. 

Also Read: Franchise Business in India: Advantages and Disadvantages

Conclusion:

Though business franchise ideas and offers provide a host of benefits when you start up your business, there is a lot of dedication, hard work and effort that goes in. Besides, it is hard for an entrepreneur to do so many tasks oneself. So, don’t fret. Install the Khatabook app, a friend-in-need and one-stop solution for all issues related to income-tax or GST filing, employee management and more. Try it today!