If you have an entrepreneurial and adventurous spirit you’ll want to check out the 10 most profitable franchises in India.
While I am adventurous, I am not much of an entrepreneur. I really wouldn’t even know where to begin when it comes to running my own business. The idea of running my own business has always been exciting to me, but I don’t know much about what all goes into it. I do know it’s a lot of work. One of the biggest pros is working for yourself and setting your own schedule. I mean, who wouldn’t love that? You can also open your own business in pretty much anything you want, as long as you’re at least a little bit knowledgeable on your topic. If you’re too nervous to start from the ground up with a business, franchises can be a good place to start. A franchise allows you to expand an already opened business, through a special licensing to do so. You’re still the boss, but you just don’t have to start from scratch. The most common franchises in the U.S. come in the form of fast food restaurants. In these cases you buy the franchise while funding the building and location of the restaurant. It seems the return is great because pretty much everyone in America loves fast food.
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According to Heritage, India is ranked 143 in global economies. That doesn’t mean, that it’s not a solid place for business opportunities though. Experts expect there to be trillions of dollars worth in business opportunities in the coming years, also bringing millions of jobs to the crowded country. With the country’s ever-growing population there are millions of workers looking for jobs. Therefore, India is a viable market to enter if you’re interested in opening your own franchise.
In order to create our list, we used Quora, Expert Market, and Franchise Connect India as our sources to see what are considered the most profitable and best franchise opportunities in India. Since there isn’t concrete information and statistics about the most profitable franchises in India, we took the franchises that whose names were repeated the most times in our sources and research. Those popular franchises were ranked higher on our list. If you are looking to open a food franchise in India, but you are low on funds, you should check our list of 8 cheapest food franchises to open in India.
10. Cotton County
Number of Stores: more than 180
Cotton County opened in 2001, to celebrate the natural appeal of Cotton and to create a cotton fabric that is comfortable, natural, functional and organic. It’s one of the most recognized brands in India, which along with high quality products offers a good value for your money.
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9. US Dollar Store Franchise
Number of Stores: 200
The Dollar Store is one of the fastest growing business in India. For more than a decade, its basic concept and its unique strategy have shown record-breaking sales. The store is working with enthusiastic business partners to expand in India. Their unique shopping experience has contributed to their business of becoming one of the most profitable franchises in India.
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8. Gelato Vinto Franchise
Number of Stores: 200
Gelato Vinto is another extremely profitable franchise in India on our list of most profitable franchises in India. Most of its locations are currently located in North India and the company plans to expand its franchises into South India.
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7. McDonald’s
Number of Stores: more than 250
McDonald’s is one of the leading brands of fast food in the world and India is no exception. McDonald’s has been serving people in India for the last 15 years. More than 67 million people are eating in McDonald’s on a daily basis so you can see why this franchise is one of the most profitable.
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6. Apollo Clinic Franchise
Number of Hospitals: more than 65
When you think of a franchise you might immediately think of a fast food restaurant, but did you know that Apollo Clinic is one of the most profitable franchises in India? The success rate of this clinic is more than 85%. You’ll need about 4,000 of building space to open your own clinic, but it will be worth the investment.
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5. Bachpan
Number of Stores: 900
One of the most successful and profitable franchises in India right now are education-related. Investing in schools, preschools or pre-primary schools has shown to be one of the safest investments, and owning and operating a school doesn’t require technical qualification or experience. Bachpan is one of the most profitable business franchises in India and is offering great opportunities for those who are looking for a safe investment opportunity.
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4. Archies Gifts and Greetings Franchise
Number of Stores: 2,000
Archies offers almost any item you can think of when it comes to celebrations, which makes their stores very profitable. Archies stores first started in New Delhi and now there are more than 2,000 stores all over India. In Archies, people can buy gifts for every kind of occasion at a reasonable price.
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3. Kidzee Franchise
Number of Stores: 1,500
Kidzee is one of the best franchise opportunities in India for preschools. It is operating in more than 330 cities and it has 900 school branches. One of the best things about the Kidzee franchise is that you can start it in your own home if you have space. Who would have thought that you can start one of the most profitable franchises in India in your spare room?
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2. Lakme Franchise
Number of Stores: 135
Lakme has been in business for more than 50 years and is a leader in beauty products sales in the world. It has a successful brand name which attracts more customers, and there are lots of opportunities to start a franchise business in India. There are more than 135 franchise businesses in 40 cities in India.
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1. Domino’s Pizza Franchise
Number of Stores: 1,106
Domino’s Pizza is one of the leading multinational food chain business in the world, and it is one of the biggest players in India’s market. Jubilant Food Works Limited started the Domino’s Pizza franchise in 1995, and today they have more than 552 stores in 130 Indian cities. Domino’s Pizza’s share in the Indian market is about 62%.
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This was our list of 10 most profitable franchises in India. We hope we managed to show you which are the most profitable, and maybe even help you decide what franchise to take.
