The Indian economy is among the top most developing economies in the world, and the major contribution of its prolific market is best for all clients, from chapters to the luxurious. On the one hand, where buyers are happy with such a market, the marketers or the businessmen also have the great opportunity to grab massive profit with minimum risk.
Your wait is over to start your own business with the top 10 most profitable franchise businesses in India, in which there is a minimum risk of loss and maximum chance of profit.
Whenever you start any business, you will require a deep understanding of your market and audience trust, which is very precious in today’s world and can sometimes be the cause of failure, but why take risks when you have the best franchise businesses in India?
Table of Contents
Sr. No. | 10 most profitable franchise businesses in India | Franchise Fee |
1 | Cotton Culture | 25 Lakhs |
2 | Lenskart | ₹20-30 Lakhs |
3 | FirstCry | ₹25 Lakhs |
4 | Domino’s | 1.25 Crore |
5 | Dr. Lal Pathlabs | 25 Lakhs |
6 | Jockey | 45 to 50 Lakhs |
7 | Delhivery | 2 to 5 Lakhs |
8 | Lakme | 50 to 60 Lakhs |
9 | Kidzee | 12 to 15 Lakhs |
10 | Amul | 25k to 1 Lakh |
In this article, we will delve into the Indian market and dig out the top 10 most profitable franchise businesses, which will definitely start your own business career with a silver spoon of honey and luck. Don’t forget to check every franchise in India listed here, as the details will help you to understand your type.
1. Cotton Culture
Cotton Culture was founded in 2010 after 10 years of sincerely focusing on manufacturing fashion products and selling to large retail stores. With a decade of industry experience, the team decided to dip their toes into strengthening brand value, thereby forming Cotton Culture. The proactive effort to scale their business without any funding draws immense appreciation. In the beginning, it was just two retail stores, which ultimately grew to about 43 self-managed stores across various regions in India.
Cotton Culture is an exclusive rising clothing brand in India, especially known for women’s ethnic wear. The company’s history goes back to 2000 when it started as a manufacturing unit to design and produce ladies’ garments for sale to large superstores.
Cotton Culture offers a range of products, including kurtas, tops, palazzos, and many more coordinated sets. True to its promise of providing quality at an affordable price, the brand has evolved into a one-stop shop for any woman in search of fashionable but classical garments.
2. Lenskart
Lenskart has changed the face of the eyewear industry in the Indian market with its technology and retail module to provide affordable yet customised eyewear. Hugely present both online as well as in hundreds of physical stores, Lenskart is one of the largest eyewear players. Celebrity Investor of Shark Tank India Founde of Lenskart, Mr. Peeyush Bansal.
Today, the increasing eye-related issues are giving such franchises a surge in profit and a rush of people who are more cautious about their health and eye conditions.
With a practically forecasted massive expansion for attracting more than 100,000 customers in a month through an effective online business as well as strikingly designed branded physical stores, Lenskart is changing the dynamics of the eyewear industry.
3. FirstCry
FirstCry was founded in 2010 with a portfolio of infant and kids products for launch in the online business chain by the Mahindra Group. They later started FirstCry franchise distribution in 2011.
FirstCry is the biggest range of baby & kids products in Asia. Currently, it retails 2000+ top brands like Ben10, Disney, Hotwheels, Farney, Pampers, Barbie, Gerbers, Pigeon, and Mattel. The agreement will be valid for 5 years, after which partners will have to renew it. The person interested should have entrepreneurial and leadership skills to run the stores flexibly as per the market trends. The franchise staff should be polite, courteous, and competent to work depending on the needs and wants of parents.
The franchise fee is 25 lakhs, which the interested candidates have to pay to the company, and the agreement period is 5 years with an ROI of 18 to 24 months.
4. Domino’s
Domino’s is an American multinational pizza restaurant chain that was founded by Richard Allison in 1960. It is a fast-food brand that has, over time, spread vastly in over 70 countries with around 15,000 outlets, quite obviously leading the industry.
The profits enjoyed by the Domino’s franchise are obviously because of the demand for its products and the well-organised business operation of this franchise system. The first Domino’s outlet in India was opened in New Delhi in 1996. Unlike many other franchises, you cannot reach Domino’s directly to open a franchise. They deal with Jubilant Foodworks before granting facilitation. The weekly royalty of Domino’s is charged 5.5%. You need to check that the area in which you desire your franchise to be located has no other Domino’s outlet within the 5 km range before applying for the franchise.
5. Dr. Lal Pathlabs
For more than 60 years, Dr Lal PathLabs has been India’s top diagnostic healthcare chain. Nutrition, genetics, biophysics, flow cytometry, cytogenetics, endocrinology, metabolism, molecular diagnostics, and oncology are among the more than 1650 tests that the brand provides. Dr. Lal PathLabs provides two franchise options:
Franchised Collection Centres: These facilities gather blood and other samples, which are then forwarded to diagnostic facilities. For the Dr Lal PathLabs Collection Centre to open, a ground-floor location is essential.
Diagnostic Centre Franchise: Tests are conducted and reports are generated at the diagnostic centre. PathLabs, Dr. Lal Only the ground levels may be used for diagnostic centres.
Franchise partners are required to pay a royalty or commission of 25–30%.
6. Jockey
Jockey International Inc., established in Wisconsin, USA, is a global brand that inspires people to wear their best at all ages. It has been recognised in more than 120 countries across the globe.
India has partnered with Page Industries Limited, Bangalore, which holds the exclusive license for manufacturing, distribution, and marketing of Jockey products in India, Nepal, Bangladesh, Sri Lanka, Oman, Qatar, and the UAE.
Jockey India’s sales grew 35% in FY 2022 compared to FY 2021, and this is a statement of performance by the brand that continues to grow steadily. If you also want to benefit from this brand, you can even start an exclusive Jockey store in prime locations or major market areas.
- Industry: Apparel & Innerwear
- Investment: ₹ 25 lakhs (varies based on city and store size)
- Profit Margin: 10-12% (average)
7. Delhivery
Delhivery, founded in 2011, attempts to influence commerce and create an organised system. In just a decade, it has become one of the most competitive players against long-established express logistics companies such as BlueDart and Gati Ltd. Franchises can be divided into two types: 1) Cosmos: This is an interconnected group of several shops located very close to each other.
The Cosmos Delhivery franchise is responsible for delivering goods to the area’s residents and to commercial offices. 2) Constellation: Entrepreneurial persons who aspire to start their own freight pickup and deliveries of various types of parcels fall into this category. The area served by a constellation franchise is measurably larger than that of a Cosmos franchise. Currently, Delhivery provides express parcel transportation, supply chain services, cross-border services, and PTL & TL freight.
Delhivery’s clients and customers include all the small and big e-commerce participants, SMEs, and giant brands. Order processing is about 10 million per month, which shows the company’s growth. Hence, Delhivery appears to be the best low-investment franchise opportunity for you.
8. Lakme
For many years, Lakme has been regarded as one of India’s top beauty brands. Lakme Salon can be a surefire choice if you’re searching for a very lucrative franchise in the wellness and beauty sector. It was the first company to open a chain of salons to meet women’s needs for grooming and beauty care.
In India, Lakme already has a sizable customer base. A potential franchisee needs to have the time and energy to manage the business. Additionally, the brand requires its partners to prioritise their customers and go above and beyond to ensure their pleasure. Therefore, you ought to apply for a franchise if you have a strong belief in their business principles. Lakme’s business approach provides for sustained growth.
The company is known for providing superior services and has become a hub for beauty lovers. When you become a Lakme Salon franchisee, you not only enter a profitable business but also help in bringing the latest beauty services and trends to the frontline. This is indeed a wonderful opportunity to associate with a brand that is committed to better beauty and self-care.
9. Kidzee
Kidzee is known to revolutionise preschool education across the country, as it has already touched the lives of over 900,000 children. Anybody passionate about education has the best opportunity to open a franchise business with Kidzee.
The internet, CCTV, and air conditioning should be available on the premises of the franchise. Also, the space should be apt for both indoor and outdoor play areas. The franchisee is obligated to pay 15% of the net earnings to Kidzee—the franchisor.
10. Amul
Amul, India’s dairy giant, offers a unique and affordable franchise model perfect for aspiring business owners. Unlike most franchises, Amul doesn’t charge royalties, allowing you to keep more of your profits.
Different budgets are covered by Amul franchises, and the investment ranges between ₹25,000 and ₹1,00,000. The equipment cost ranges between ₹50,000 and ₹1.5 lakhs. Besides, Amul has a fast payback period; some outlets have reported sales of up to₹ five lakhs to₹ 10 lakhs per month.
Conclusion
The above-listed Top 10 Most Profitable Franchise Businesses in India are best for everyone looking to start their career as a businessman, and the best part of this opportunity is the profit-making idea. This is the option where you will get the benefit of the branding of an already successful business venture, which makes it easy to get heavy revenue.