Indian Franchise Business Opportunities
The year 2020 has turned out to be quite unpredictable, which makes an unfavourable time to start your own company from scratch. However, you can still manage to start your own business and run it profitably too. The secret lies in starting your business through the franchise route.
Buying a franchise is a great way to become independent, lead a more flexible lifestyle than a 9-to-5 job and earning big like a business. It also gives new investors and entrepreneurs an opportunity to learn different business skills. If you are planning to explore your business options that could earn you massive success when the economy recovers in coming months, here are six prominent Indian franchise opportunities that you must look into!
Leading Franchise Business Opportunities in India 2020
Operating since: 1998
Number of outlets in India: 125+
Space required: 2000 to 3000 sq ft (approximately)
Investment required: INR 30 Lacs – INR 50 Lacs(approximately)
Fashion franchises are not going out of fashion any time soon. With increasing access to the internet, the vanity to look good on social media and more disposable income than ever, all age groups and genders continue to make this sector grow. A Westside store could be an excellent investment for it offers various fashion brands under one roof. 2020 is the best time to explore this opportunity as Westside’s owner, Tata Group, has announced its plan to expand the brand aggressively over the course of the next 3-5 years. One of the best Indian Franchise Business Opportunities
Operating since: 1960
Number of outlets in India: 290+
Space required: 1500-2000 sq. ft. (approximately)
Investment required: INR 40 Lacs – INR 60 Lacs (approximately)
FabIndia does not need an introduction as the company is a leading sustainable fashion brand in India. The brand, which plans to open over 100 new stores across India in 2020, is one of the largest platforms that give Indian artisans the livelihood and respect they deserve. Apart from being a socially aware fashion retail brand, FabIndia also produces other lifestyle products that expand its customer base. The brand has created an excellent loyalty among Indian consumers, especially among consumers who prefer Indian textiles over fast-fashion. One of the best Indian Franchise Business Opportunities
Operating since: 2019
Number of outlets in India: 2
Space required: 2500 sq ft (approximately)
Investment required: INR 80 Lacs – INR 1.5 CR (approximately)
With the increased heterogeneity in population – such as increased number of night shifters and more female professionals – cities do not sleep anymore. Hence, convenience stores have become the need of the hour. AM PM Store is a 24/7 convenience store that offers a range of affordable products and services. With the aim to open more than 1000 stores in the next five years, the brand is presently offering lucrative Indian Franchise Business Opportunities.
Operating since: 2017
Number of outlets in India: 20+
Space required: 300-1000 sq ft (approximately)
Investment required: INR 17 Lacs – INR 37 Lacs (approximately)
The brand plans to open over 25 franchise outlets all over India in the next year and then expand its operations internationally too. The brand, which is famous among youth for its super cheesy food, serves delicious food that is made with high-quality ingredients at very affordable prices.
Pind Balluchi
Operating since: 1998
Number of outlets in India: 10+
Space required: 350-4000 sq ft (approximately)
Investment required: INR 37 Lacs – INR 2 Cr (approximately)
Rich and delicious North Indian cuisine has managed to win hearts across India. Pind Balluchi has been winning the hearts of Delhiites as well as tourists that flock the city for many decades now. This bespoke restaurant makes every dish with the freshest and finest of ingredients, keeping its traditional recipes intact. Whether the customer orders vegetarian platter to kebabs, the chefs ensure that every dish turns out to be a delightful gastronomical experience, especially when paired with Punjabi By Nature’s signature drinks. By offering models for different investment budgets, the brand is opening its doors for many new entrepreneurs.
Ghoomar
Operating since: 2019
Number of outlets in India: 1
Space required: 2000 – 3000 Sq. Ft. (approximately)
Investment required: INR 1 Crore – 1.5 Crore (approximately)
Ghoomar Traditional Thali Restaurant lets you taste not just 100% vegetarian food of Rajasthan but also its culture and hospitality. Even though the restaurant is relatively new, it has already become popular among families for its warm ambience. The staff is trained to follow the signature Rajasthani motto of ‘Atithi Devo Bhava’, which means the guests are equivalent to God. The restaurant also organizes cultural events and performances to give it a more authentic flavour. The fact that this brand is new but novel, makes it a promising opportunity for the year 2020.
Gaining success and name in the field of franchising is relatively easier than the world of startups. If you are ready to put in the required money, time, dedication and planning into your franchise, these franchise business opportunities could be your best odds-on-favourite. However, we’d strongly urge to perform thorough research, explore opportunities and talk to existing franchisees before signing the contract. You can easily find a wide range of checklists and other helpful resources on our website that will help you make the right decision.
Karan Makan
Technology Engineer and Entrepreneur. Currently working with International Brands and helping them scale their products Globally through different ventures. He owns Multiple Food Brands and is on a continuous spree to acquire many more businesses in the coming years. With over 10 years of experience and strong background in Brand Acquisition, Karan Makan is soon poised to be a Brand in the coming years.
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