Best Franchise Opportunities Under ₹20 Lakhs in India

Introduction

Franchising nowadays has become quite popular with aspiring entrepreneurs. And why not? After all, it’s

• Asset-light
• Offers a promising entry point without barriers
• Flexible
• Scalable and high ROI-driven
• Involves a low investment model and many more merits besides.

So, it makes perfect sense that franchise businesses—especially those within the ₹20 lakh range—hold promising opportunities for up-and-coming entrepreneurs. Recent times have witnessed an exponential growth in franchise-ready models in sectors such as preschool education, F&B, health and wellness, and mainly laundry services. Noteworthy among them is the stellar growth of Washmart, a leading tech-enabled laundry player that has disrupted the franchise industry in today’s time.

With lower-risk probability and strong business facilitation provided by the franchisor, franchising offers benefits galore. These benefits are simply not limited to training, comprehensive business marketing support, tried and tested business frameworks, and an exciting customer base but also cover other broader arrays of perks. There are undeniable reasons behind the growth of franchising in the above-mentioned sectors—India’s middle-class growth, rapid urbanization, increase in dual-income households, and an inclination toward completing home chores speedily, conveniently, and effectively, to name a few.

There’s no better time than the present to invest in a profitable franchise model. This is because the consumer preference is shifting toward tech-driven and direct-to-door solutions. Given below is an overview of some appealing opportunities to franchise under ₹20 Lakhs.

Why Washmart stands out as the best laundry franchise opportunity under ₹20 Lakhs

Founded in 2020 and headquartered in Noida, Washmart’s scalable and growth-oriented franchise model profoundly resonates with its diverse network of franchisee partners. The brand’s focus on helping its franchise partners achieve tremendous growth in significantly less time attests to its fast-paced and nationwide reach across the country ever since they started.

The brand has streamlined the unorganized laundry sector by introducing a technologically advanced laundry management system, centralized operations, app-based order pick-up and delivery, optimized logistical processes, etc. With a proven business model and refined operational infrastructure, the brand has helped various franchises achieve both scale and impact without hefty investment requirements.

The franchisee investment ranges from ₹10-20 lakhs, including advanced washing equipment, branding and promotional support, and store setup expenses.

Washmart’s tech-driven and asset-light business framework has been instrumental in delivering a highly scalable and profitable business model. It assists businesses at every step of functioning—from logistical support and training staff to marketing and tech integration, making it a high ROI-driven business opportunity with a significantly faster success rate than other franchise businesses.

Targeting the tier 1, 2, and 3 cities, Washmart offers comprehensive support to aspiring entrepreneurs with low overheads, too. By enabling their franchise partners to minimize operational expenses and maximize the profit margins, the brand has effectively given them a competitive edge in the market

Things to consider before starting your franchise journey

However, before starting your growth journey, there are some additional considerations:

• Always conduct market research before setting up a new business in terms of the demographic profile, preferences, footfall, and demand in your location.
• Always consider the ROI roadmaps and operational nuances.
• Does the business model support low manpower requirements?
• What sort of brand, logistical, and training support is available?
• Understand the intricacies of renewal processes, royalty structure, contract legalities, etc.

Conclusion

For a robust and sustainable business investment under ₹20 lakhs, one should be uncompromising about achieving growth and success in the long term. Franchisees like Washmart offer lucrative and scalable business opportunities that align with today’s fast-paced lifestyle and aspirations. You may have a preference for starting a franchise venture in retail, laundry, education, F&B, or another area—whatever you choose, opportunities are abundant in this domain.