Setting up a business for yourself can be daunting. It takes a while for people to recognize a new brand name and can take several years to start making a profit. Contrary to this, opening up a franchise is much easier. This entrepreneurial route still gives you the freedom and satisfaction of being your own boss but makes the process simpler and easier. After all, the brand name is already well established and it takes a much shorter time to get good returns on the initial investment.
Franchises can be categorized as royalty based franchises and royalty free franchises. Here, royalty refers to a periodic payment the franchisee must make to the franchisor for the use of the franchise branding. The latter is obviously more appealing. As an entrepreneur, you can find franchise opportunities in many fields. Depending on your interests, here are the top 10 opportunities you may want to pursue.
Educational Franchise Business Opportunities
Education is a booming field for entrepreneurs. As the country’s population increases, our need for good schools also increases. Franchise opportunities in the field of education can take the form of playschools, pre-schools, daycares, coaching institutions and schools that offer a complete educational experience from primary classes to class XII. Some of the top educational royalty-free best franchise businesse in India are:
Cambridge Montessori Preschool and Daycare
Dedicated to giving children a well-rounded education in their early years, the Cambridge Montessori Preschool and Daycare franchise is a nationwide franchise network. The curriculum is based on Dr. Maria Montessori’s philosophy of providing value-based education. The franchise network first started in 2016. To open a franchise, entrepreneurs must have access to an investment of 10-12 lakhs along with a property spread across a minimum of 3000 sq feet. Investors can expect a 40-50% return on their investment.
Little Ville Preschool Franchise
The Little Ville Preschool Franchise network started growing in 2014 and is today, spread across 4 states and 15 cities. There are over 80 successful centers in these locations. The preschool promotes the IGNITE curriculum. This is a curriculum that was developed by a team of ECCE experts and that looks into building knowledge as well as the child’s overall mental development. Little Ville offers franchise owners help with staffing, recruitment, training and marketing support. The investment required to open a franchise of this preschool is between Rs 5 and 10 lacs. Franchise owners must also have access to a 1200 sqft area.
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SmartSchool Education Pvt Ltd
SmartSchool is a leading eLearning company with over 8000 schools and 1,000,000 students. The franchise focuses on providing K-12 education through research and innovation. Their products are mapped towards state boards as well as the CBSE and ICSE board. Since the SmartSchool franchise network started in 2014, it has over 500 distributors. Franchise owners need an investment of 5-10 lacs and access to a property spread over 1500 – 2500 Sq.ft.
Aerokids Playschool
Aerokids follows a unique approach of balancing traditional values with modern education in a safe, loving environment. The school has a nationwide network of over 50 branches. It requires a low initial investment of only Rs 1-1.5 lacs and has a standard franchise agreement with a term period of 3 years. Franchise owners must also have access to property with an area of 1000 – 3000 sq. ft. Franchise owners can get help with the curriculum planning as well as technical inputs and assistance as well as administrative support.
Singh’s Classes – Coaching Center
This is a coaching institute for students from class III to XII. It was established in 2014 and is headquartered in Lucknow. Franchise owners wanting to be a part of this coaching center need to make an investment of 4-5 lacs and have access to property spread over 1,500 – 3,000 Sq Ft.
KIDZ GURUKUL plays school
This is a 3 in 1 business model with an activity center, day care and play school or preschool. Picking this as a franchise opportunity requires a low investment that offers a higher return. Franchisees can get 24*7 support for administration, curriculum and technical inputs as and when needed. The business also offers operational and marketing support. To open a franchise of this play school, you will need an initial investment of Rs. 2 – 10 lacs and access to property spread over an area of 1000 to 2000 Sqft.
Food and Beverage Franchise Business Opportunities
Food is another great sector for entrepreneurs. Opening new restaurants can be tricky as customers are known to stay loyal to the brands they love and trust. Thus opening a franchise often makes more sense than starting from scratch. Here are 2 great opportunities for you to look into.
Shawarma Point Franchise
The Shawarma Point Franchise is a popular destination for Lebanese cuisine. Shawarmas are great on-the-go foods. The organization started functioning in 2011 and started franchising in 2013. Entrepreneurs wanting to partner with Shawarma Point Franchise need an initial investment of Rs. 20lac – Rs. 30Lac and an area of only 250 sq ft. the franchise owner must bay a brand fee of Rs 4 lacs. No royalty is to be pad for the first 18 months and after that they must pay 3% of net sales to the brand owner.
Chicago Delights Pizza
Pizza is one of the most popular fast-foods. This is a quick serving fast food joint that commenced operations in 2009 and started expanding through franchises in 2013. Franchise owners get help not just with branding but also marketing strategies, sales plans, audits and website services. In return, they will have to pay a rand fee of Rs 300,000. To start a franchise with this fast food chain, entrepreneurs must be able to invest Rs 10lac – 20lac and have access to an area of 300 – 1000 Sq.ft.
Fashion Franchise Business Opportunities
If you have an interest in fashion, you might want to look at opening up a fashion franchise. A number of fashion and lifestyle brands offer franchise opportunities for retail outlets. These outlets can be located anywhere in the country.
Gravity Creation
Gravity Creations is a popular men’s wear brand that was established in 1991. It is headquartered in Mumbai. The brand started setting up franchise outlets in 2016 and has several outlets across the country. It is a royalty free model wherein franchise owners must be able to make an initial investment of Rs 10-20 lacs and access to property with an area of 400 – 900 Sq.ft.
Health and Fitness Franchise Business Opportunities
There’s a growing interest in taking measures to have good health. Fitness is one of the core areas for franchises in this field. Most franchises focus on setting up gyms where people can work out and get fitter.
Body Building India
Body Building India is one of the most well-known names in fitness and bodybuilding. It was established in 2015 and started expanding through franchises in 2016. The brand focuses on 100% original fitness products. It is a royalty free model that requires an initial investment of Rs 15 – 20 Lac and access to property spread across a minimum of 250 sq. ft.
So, are you ready to start a franchise and bring your entrepreneurial dreams to life?
