20 Most Profitable Franchise Business Opportunities in India 2024
Franchise business opportunities in India have become increasingly popular, offering a path to profitability with lower risks. This article explores the 20 most profitable franchise opportunities in the country. From renowned brands like Kalyan Jewellers and FabIndia to established names in the fashion, reputable laundry franchise chain like Washmart and automobile industries, such as Hero MotoCorp, these franchises cover many sectors.
Whether it’s in the realm of beauty and wellness with Lakme or the booming market for kid products with FirstCry, these franchise opportunities allow entrepreneurs to capitalize on established brand recognition and tap into the Indian consumer market. Stay with us as we explore these opportunities in greater detail.
20 most profitable Franchise Business Opportunities in India 2024
- Washmart
- Kalyan Jewellers
- KFC
- Lakme
- FabIndia
- Hero MotoCorp
- Jockey
- Domino’s
- Jawed Habib Hair & Beauty
- McDonald’s
- FirstCry
- Lenskart
- VLCC
- Kathi Junction
- EuroKids
- Kidzee
- Giani’s
- InXpress
- Pepperfry
- Kake Di Hatti
1. Washmart
Washmart provides a compelling franchise opportunity, boasting 85+ stores in 20 states and 45 cities. Their distinctive approach offers full-scale support from store setup to marketing. Notably, they prioritize franchisee success, deferring royalty charges until the break even point, often achieved within just three months. This blend of a widespread presence, all-encompassing support, and rapid profitability renders Washmart an enticing option for those exploring franchises in the laundry and cleaning services sector.
Key Details:
- Investment Required: INR 15 L – INR 16 L + GST (Included In Single Unit Investment)
- Brand Fee: INR 4.5 L (Included In Single Unit Investment)
- Equipment: Included In Single Unit Investment
- Area Requirement: Commercial Ground Floor, 250 Sq. Feet – 350 Sq. Ft
- Profit and Margins: Expected Return on Investment to the Franchisee: 40% – 50%
Washmart distinguishes itself through a clear goal: to transform the laundry and washing business by offering expert and environmentally friendly services. Their dedication to making customers happy and protecting the planet, coupled with numerous advantages, makes this business opportunity appealing to anyone looking to succeed in this field.
2. Kalyan Jewellers
Kalyan Jewellers offers a great franchise opportunity in India with years of experience in high-quality jewellery, including gold, silver, diamonds, and more. They have stores in 22+ Indian states, making them a trusted brand.
Key Details:
- Investment Required: Starting from ₹1 Crore
- Area Requirement: 1000-2000 sq. ft.
- Profit and Margins: Offers a net profit margin of 12%-20% on sales
Owning a Kalyan Jewellers franchise can be profitable if you’re into jewellery and have the financial means. The brand’s solid reputation and customer base make it a smart choice for aspiring jewellery business owners.
3. KFC (Kentucky Fried Chicken)
KFC (Kentucky Fried Chicken) is a well-known fast-food chain with a strong presence in India. KFC has established itself as a preferred brand among consumers in India due to its delicious fried chicken and unique flavours.
Key Details:
- Investment Required: Starting from ₹96 lakhs.
- Area Requirement: 1000-1500 sq. ft.
- Profit and Margins: The franchise offers a net profit margin of 7%-8% on sales.
KFC, a renowned brand with delicious food, is a profitable franchise choice in India. If you’re considering entering the fast-food industry and have the funds, KFC is a rewarding option.
4. Lakme
Lakme is a well-established and highly profitable franchise business in the beauty and wellness industry. It is one of the oldest and most reliable cosmetic brands in India, currently owned by Hindustan Unilever. With over 150+ physical outlets across the country, Lakme has a strong hold over Indian consumers. The franchise offers a range of makeup and skincare products that are popular and well-received in India.
Key Details:
- Investment Requirements: Starting from ₹50 Lakhs
- Area Requirement: 800-1000 sq. ft.
- Profit and Margins: A Lakme franchise’s expected return on investment (ROI) is between 18% and 25%.
Lakme is known for its quality products and has a dedicated customer base. If you have a basic knowledge of beauty and cosmetic products, owning a Lakme franchise can be a profitable business opportunity in India.
5. FabIndia
FabIndia is a prominent name in the fashion and apparel industry and offers a profitable franchise business opportunity in India. With an initial investment starting from ₹50 lakh, FabIndia is known for its extensive range of clothing and textile products, catering specifically to Indian consumers and their diverse cultures.
Key Details:
- Investment Required: Starting from ₹50 lakh
- Area Requirement: 1000-1500 sq. ft.
- Profit and Margins: Offers a net profit margin of 17%-20%
FabIndia stands out from its competitors like Zara and Levi’s due to its focus on traditional and ethnic Indian wear. With a FabIndia franchise, you can expect a profitable business venture that aligns well with the Indian market’s preferences and traditions.
6. Hero MotoCorp
Hero MotoCorp is the leading automobile manufacturer in India, known for its wide range of motorcycles and scooters catering to various tastes and choices of its target audience. This makes it a profitable franchise business idea for those looking to invest in the automotive industry.
Key Details:
- Investment Required: Starting from ₹50 Lakh
- Area Requirement: 2000-4000 sq. ft.
- Profit and Margins: 5%-10% net profit
Hero MotoCorp’s strong brand reputation and extensive network of dealerships make it a lucrative option for individuals interested in the automotive sector. The investment required is relatively reasonable, and the potential for profit is promising, given the demand for motorcycles and scooters in India.
7. Jockey
Jockey, an internationally renowned clothing company hailing from Wisconsin, USA, is famous for its top-notch underwear, sleepwear, and athletic attire. In India, Jockey collaborates with Page Industries Limited to manage the production, distribution, and promotion. The brand enjoys a robust presence, boasting more than 900+ stores throughout the nation.
Key Details:
- Investment Required: Starting from ₹45 Lakhs
- Area Requirement: 1000-1200 sq. ft.
- Profit and Margins: 20%-25% net profit
Jockey’s stable sales and strong brand reputation make it a promising choice for a profitable franchise business in India. With its well-established customer base and high-quality products, a Jockey franchise can provide the potential for solid returns on investment.
8. Domino’s
Domino’s, a successful franchise in India, has a rich history. Starting in the US in 1960, it’s now a global pizza chain with over 1400 locations in India, offering not just pizza but also pasta, garlic bread, and chicken wings, making it popular.
Key Details:
- Investment Required: Starting from ₹30 lakhs.
- Area Requirement: 1500-2000 sq. ft.
- Profit and Margins: Offers an 8% net profit on the revenue.
Domino’s is a popular brand in India because many Indians love pizza. Their franchise model is well-organised and profitable, making it a great choice for entrepreneurs in the food industry.
9. Jawed Habib Hair & Beauty
Jawed Habib Hair & Beauty is a well-known salon franchise business in India that offers high-quality hair and beauty services. With several branches across 85+ cities, Jawed Habib’s salons are preferred by customers for their affordable prices and top-notch hair styling and cosmetic treatments. The franchise opportunity for Jawed Habib Hair & Beauty provides the required training and support to open a successful salon.
Key Details:
- Investment Required: Starting from ₹25 Lakhs
- Area Requirement: 500-1500 sq. ft.
- Profit and Margins: 20% of profit margin
Jawed Habib Hair & Beauty is a top franchise in India, providing a trusted entry into the beauty and grooming industry for entrepreneurs.
10.McDonald’s
McDonald’s, a popular fast-food brand, started serving in India back in 1996. To fit the Indian market, they smartly created a menu with items like Chicken Maharaja and Mac McAloo Tikki burgers that appeal to the local palate.
Key Details:
- Investment Required: Starting from ₹25 Lakhs.
- Area Requirement: 1500-4000 sq. ft.
- Profit and Margins: McDonald’s offers a substantial net profit on sales, with a rate of 29.36%.
McDonald’s, with its widespread presence and strong marketing, offers a promising franchise opportunity. Its global recognition and support system can help new entrepreneurs succeed in the fast-food industry, particularly in a fast-food-friendly market like India.
11. FirstCry
FirstCry, a renowned brand in the baby and kids’ industry offers a profitable franchise opportunity in India. With top-notch partnerships and a wide product range, it’s a go-to choice for parents in the growing baby products market.
Key Details:
- Investment Required: Starting from ₹20 Lakhs
- Area Requirement: 1200-2500 sq. ft.
- Profit and Margins: 18%-20% of net profit margin
The FirstCry franchise typically lasts for five years and requires renewal. It’s a lucrative opportunity for those keen on the kids and baby products market, offering quick profits if you have the investment and passion for it.
12. Lenskart
Lenskart, founded by Peyush Bansal, is a renowned Indian eyewear brand celebrated for its extensive selection of eyeglasses, sunglasses, and contact lenses, accessible through online and offline avenues. The franchise opportunity with Lenskart thrives due to the brand’s popularity among Indian consumers.
Key Details:
- Investment Required: Starting from ₹20 Lakhs
- Area Requirement: 300-500 sq. ft.
- Profit and Margins: 30% ROI
Lenskart, a leader in eyewear, offers lucrative franchise opportunities with a strong customer base and high demand for quality products.
13. VLCC
VLCC (Vandana Luthra’s Curls & Curves) is a popular wellness and beauty company in India. Established in 1989 by Vandana Luthra, it has grown to have over 5 million+ consumers, making it a highly profitable franchise business opportunity.
Key Details:
- Investment Required: Starting from ₹15 Lakhs
- Area Requirement: 800-2000 sq. ft.
- Profit and Margins: Specific profit margins are not available in the source, but VLCC is known for its success in the wellness and beauty industry, making it a promising franchise opportunity.
VLCC provides skincare, weight loss, and wellness services. It’s a reputable choice for those interested in a profitable franchise in beauty and wellness. Visit their website for financial details and requirements.
14. Kathi Junction
Kathi Junction, a popular Indian fast-food chain, specialises in serving delicious Mughlai dishes such as biryani, kebabs, rolls, wraps, shawarma, and more. With its strong reputation and a large customer base in India, Kathi Junction presents an excellent opportunity for those seeking to start a prosperous franchise.
Key Details:
- Investment Required: Starting from ₹15 Lakhs
- Area Requirement: 100-200 sq. ft.
- Profit and Margins: 20% net profit on sales
Kathi Junction’s renowned Mughlai cuisine and loyal customer base make it a promising fast-food franchise option, with the advantage of a trusted brand and a popular menu in India.
15. EuroKids
EuroKids is a leading preschool chain in India, with 1,000 facilities in 350+ cities across India, Nepal, and Bangladesh. Its strong reputation ensures profitable returns for franchisees.
Key Details:
- Investment Required: Starting from ₹12 Lakhs
- Area Requirement: 1500-2000 sq. ft.
- Profit and Margins: 20%-25% ROI
EuroKids offers a strong franchise business model with a well-established presence and reputation in the education sector. If you have an interest in providing quality early education and have the required investment, EuroKids can be a profitable franchise business opportunity in India.
16. Kidzee
Kidzee is a well-known preschool chain in India and part of the Zee Learn Limited Group. It can be considered a profitable franchise business opportunity in India. Kidzee’s “iLLUME” curriculum provides unique and experiential lessons in classrooms to nurture young minds. If you are interested in teaching or managing young kids, this franchise business can be highly beneficial for you.
Key Details:
- Investment: Starting from ₹12 Lakhs
- Area Requirement: 2000-3000 sq. ft.
- Profit and Margins: 20%-25% of profit margin
Kidzee is a reputable preschool with an engaging curriculum. It’s a profitable franchise option in India if you’re interested in education and have the required resources.
17. Giani’s
Giani’s, a renowned Indian fast-food chain, serves a variety of ice creams, desserts (falooda, kulfi, sundaes), and snacks (burgers, sandwiches). They also cater to events and parties. With numerous stores nationwide, it’s a lucrative franchise opportunity.
Key Details:
- Investment Requirement: Starting from ₹12 Lakhs
- Area Requirement: 150-300 sq. ft.
- Profit and Margins: 20% net profit margin
Giani’s has built a loyal customer base with a diverse menu, making it a great choice for ice cream and fast food lovers. Owning a Giani’s franchise can lead to quick profits in the food and dessert industry.
18. InXpress
InXpress is a global logistics and shipping franchise business offering a wide range of shipping and courier services. It is known for its ability to choose cost-effective carrier and service options based on specific customer requirements. InXpress offers a low-cost franchise business model with a potential for good returns.
Key Details:
- Investment Required: Starting from ₹10 Lakhs
- Area Requirement: 250-500 sq. ft.
- Profit and Margins: 30% ROI in the first year
InXpress offers a low-cost way for entrepreneurs to join the shipping industry in India, with the potential for good profits thanks to their cost-effective shipping options and affordable franchise model.
19. Pepperfry
Pepperfry, an Indian online furniture company established in 2011, now operates over 70+ stores in 28 locations. They offer a unique platform for customizing furniture based on customer preferences and interior needs, making it a promising franchise opportunity in the growing Indian interior decoration market.
Key Details:
- Investment Required: Starting from ₹10 Lakhs
- Area Requirement: 400-1200 sq. ft.
- Profit and Margins: 20%-25% profit margin
Pepperfry’s franchise model offers a profitable opportunity for those keen on India’s booming furniture and interior design industry. With a modest investment and the backing of a well-known brand, it’s an attractive choice for entrepreneurs.
20. Kake Di Hatti
Kake Di Hatti is a historic family restaurant from Old Delhi. Their menu includes popular dishes like naan, curries, and more. Starting a Kake Di Hatti franchise can be a profitable choice for those catering to Indian tastes.
Key Details:
- Investment Required: Starting from ₹43 Lakhs
- Area Requirement: 1000-2000 sq. ft.
- Profit and Margins: 20% net profit on sales
Kake Di Hatti’s authentic North Indian cuisine has won a loyal following. If you’re interested in the restaurant business and have the capital, consider opening a Kake Di Hatti franchise for a lucrative opportunity. Visit their website for franchise details.
Conclusion
In conclusion, the franchise business landscape in India offers a diverse array of profitable opportunities across various industries. These established brands provide a pathway for entrepreneurs to leverage their brand recognition and tap into the thriving Indian consumer market.
Whether in the realms of food, fashion, wellness, or services, these franchises present a promising avenue for those seeking success in the Indian business landscape. The key lies in selecting the right franchise that aligns with your interests, resources, and market preferences.