Do you know India has the fastest-growing franchise markets? The franchise business is expanding rapidly, aiding both the franchisee and the franchisor. For example, even in the pandemic, Bata India Ltd, a footwear company, has franchises in India by opening 100 new stores in 2021.
Another name is Ferns N Petals franchise that has a strong network of 162 locations across the United States and is a pioneer in the flower selling industry. Best franchises in India are attracting success at a rapid pace. This includes Subway franchises, Bata franchises, Amul franchises, and multiple other options.
What is it about?
Have you ever thought about why the Indian market has several international brands? The answer is its growing popularity in franchising markets. It is one of the important channels through which multinational companies and brands have established themselves in the Indian market.
In exchange for an initial start-up fee and royalty charges, a franchisor (franchise brand) offers the franchisee (franchise outlet owner) conceptual, organic, legal, and training-related resources. The profits of the “buy and sell” of a franchise favor both the franchisor and the franchisee.
The franchisor grows in new markets, increases sales and market share until the franchisee has access to the brand’s loyal customer base, innovative support, legal advice, and training support. Before landing into this model, investors and companies carefully investigate their prospective business partners before signing the dotted line.
The Indian franchise industry has been recognized as the most enticing worldwide market for investment, as all of the world’s significant businesses see India as their target market. The idea of franchising has gained significant popularity in India due to a large enormous resource.
India’s most attractive business opportunities
Giani’s Ice Cream Parlor is one of India’s oldest. Gurcharan Singh founded Giani in 1956. When he first opened Giani di Hatti in Chandni Chowk, Old Delhi, it only served Rabri, Faluda, and mango shake, but it won many hearts. Since then, Giani’s has grown in power. Giani’s opened approximately 50+ company-owned and franchised locations in Northern India, reaping significant financial rewards. The investment is INR 10-20 Lakhs.
Jawed Habib Hair and Beauty Ltd
Jawed Habib founded the Jawed Habib hair styling and wellness brand, with approximately 875 franchise units. Jawed comes from a barbering family, so he’s no stranger to hair styling. Famous dignitaries such as Lord Mountbatten and Pandit Jawaharlal Nehru had their hair cut by his grandfather. Jawed’s father was named as the official hairstylist of Rashtrapati Bhawan, continuing the family tradition.
Jawed Habib, on the other hand, had other ideas and decided to take his brand nationwide. He was successful in his business ventures, and he was also instrumental in shifting people’s perceptions of barbers. Jawed turned an average barber’s image into a chic hairdresser’s portrait. The investment is INR 20-30 Lakhs.
In 1992, Vishal Sharma formed the Affinity Salon group. Affinity Salon is distinguished from its rivals by its elegant and professional employees, upmarket interiors, and an international variety of beauty items. The brand is also named one of the Top 100 Best Salons in the World in the Salon Red Book.
The unisex salon franchise has established a standard for providing international hair care and beauty services in the region, with approximately 100 franchise units. Affinity Salon has grown steadily and now has nearly a hundred locations in India. Due to the growing demand for unisex salons aims to extend its presence to many more Indian cities. The investment is INR 30-50 Lakhs.
InXpress manages pick-ups and deliveries through agreements with world-class carriers. It picks the most cost-effective carrier and service option to fulfill customer’s needs, with approximately 20-50 franchise units. Entrepreneurs may use the brand to set up a scalable company with the help of a global franchise scheme. The investment is INR 5 Lakhs.
Subway is the world’s largest sub-sandwich chain. Fred DeLuca founded Subway in 1965 to help pay for his college tuition. Subway’s goal is to offer high-quality service to its customers at reasonable rates, which almost every brand adheres to.
Subway is also one of the few mainstream fast-food restaurants that promote a variety of nutritious food choices, with more than 500 franchise units in India. Subway has built a loyal customer base by offering salads and endless sandwich combos on various bread, including whole wheat, multigrain, and gluten-free options. The investment is INR 10-20 Lakhs.
John Bissell created FabIndia in 1960, and it has since become a global superstar. People of all ages appreciate it. FabIndia has surpassed INR 1,000 crore in sales to become India’s largest retail apparel brand, with more than 175 franchise units, far outpacing rivals such as Zara and Levi’s India.
The brand’s original mission of adopting and spreading Indian culture through apparel and other items has not changed. FabIndia has constantly been introducing new product categories. The investment is INR 40-50 Lakhs.
EuroKids is one of India’s most well-known pre-school chains. It was founded in 2001 by Vikas Phadnis and Prajodh Rajan the success of EuroKids can be attributed to their “child first” philosophy.
As a result, EuroKids has grown from a publishing business to a full-fledged playschool chain. This shows how parents in the nation have placed their faith in the school’s education system.
The brand has built an excellent reputation for itself as a fantastic spot for shaping young minds, with over 1000 preschool centers in over 350 cities across India, Nepal, and Bangladesh. It plans to capitalize on this expansion by investing INR 500 crores in nearly 2,000 additional schools in various cities. The investment is INR 10-20 Lakhs.
Franchising business is the newest success story for new small and medium business owners as it has helped people achieve the financial and operational success they had always imagined. That is why, rather than starting their own company, entrepreneurs opt for a franchise model because it is more beneficial.
Franchising has proved to be very effective and is now regarded as one of the wisest decisions an individual can make. The franchisor provides support, ongoing processes, and advice in exchange for periodic payments, a win-win arrangement for all parties.