Latest Franchise Opportunities in India 2021 Everyone Should Know
Hola readers! I am sure that all of us are highly influenced by fast-food chains like Subway, Dominos, Pizza Hut, etc. inside malls, metro stations, and other crowded place. You must have wondered that how these fast-food giants like McDonald’s and Domino’s expand their business in India so quickly. This happens because of the Franchise Business and over the past decade, this franchise industry records significant growth in India and is helping millions of individuals start their Entrepreneurship path. Do you know what the latest Franchise Opportunities in India 2021 are? In this article, we would be discussing the “Latest Franchise Opportunities in India 2021”.
What is a Franchise Model?
A Franchise model refers to a model in which a Franchisor(Brand that needs a franchise) provides the Franchisee(Owner of the franchise outlet) all the support in terms of conceptual, structural, legal, and training for the same in trade-off an advance fee for starting the franchise along with the royalty charges.
Now, after the Franchisee gets access to the brand’s loyal consumers in the market and other legal support the Franchisor can further expand the business in unexplored markets; hence increasing the market share and revenues.
Now, you have an idea of what a franchise model is? If yes, then have a look at the “Latest franchise opportunities in India 2021”.
Latest Franchise Opportunities in India 2021
1. Giani’s
Founded in: 1965
Franchise units: 100+
Initial investment: ₹ 10-20 Lakhs
Area needed: 80-150 square foot
Royalty Fees: No royalty
Giani’s being one of the best ice cream parlors in India. It has been based by Giani Gurcharan Singh in 1956. Once he launched Giani di Hatti amidst the bazaars of Chandni Chowk, Old Delhi. It solely had rabri, faluda, and mango shake that won innumerable hearts at that point. Giani’s has become unstoppable since then.
2. Subway
Founded in: 1965
Franchise units: 500+
Initial investment: ₹ 54-90 Lakhs
Area needed: 600-1000 square foot
Subway, is the largest sub-sandwich chain in the world. Subway was started by Fred DeLucea in 1965 to assist pay his faculty tuition fees. Subway’s mission is to produce service of the very best quality to its customers at reasonable costs, one thing that each complete abides by today.
3. Bikanervala
Founded in: 1950
Franchise units: 85
Initial investment: ₹ 30-40 Lakhs
Area needed: 1200-2000 square foot
Royalty Fees: No royalty
Bikanervala could be a sturdy brand name in itself. Bikanervala is well-known within the food sector and has been absolutely accepted by its customers across the globe. This offers business opportunists the additional benefit of constructing this outlet as one of the best customary sweet franchises you’ll ever invest in because the outlet already holds a high branding value within the market.
The flavor and quality of their product surpass any sweet and namkeen store thanks to its high-quality ingredient, the customary and standard methodology of product production, and maintaining hygiene.
4. Jawed Habib Hair and Beauty Ltd.
Founded in: 1963
Franchise units: 875
Initial investment: ₹ 20-30 Lakhs
Area needed: 600-1000 square foot
Royalty Fees: 15% monthly
Jawed Habib’ is a hair grooming and wellbeing brand established by Jawed Habib. Jawed comes from a family of barbers; thus, haircutting wasn’t new to him. His Grandfather was the barber of notable dignitaries such as Lord Mountbatten and Pandit Jawaharlal Nehru. Following the inheritance, Jawed’s father was appointed for the official barber position at Rashtrapati Bhawan.
But Jawed Habib had completely different plans and wished to determine his brand nationwide. He succeeded in his entrepreneurial endeavors and additionally played important role in changing the typical view of a barber. Jawed remodeled the image of an ordinary barber into that of an alluring hairdresser.
5. Amul
Founded in: 1946
Franchise units: 2000+
Initial investment: ₹ 2-2.5 Lakhs
Area needed: 100-200 square foot
Royalty Fees: 5%
Brand Amul belongs to Gujarat Cooperative Milk Marketing Federation (GCMMF), the food product marketing company, brings a profitable business chance with most returns on investment. The Amul Model has helped India to become the largest milk producer in the world. Amul Milk brand offers numerous types of franchisees as Outlet, Railway Parlor, or cubicle.
6. Patanjali
Founded in: 2006
Franchise units: 5000+
Initial investment: ₹ 7 lakhs
Area needed: 500 square foot
Royalty Fees: No royalty
It has become a trustworthy and well-liked Indian brand for a couple of years. This brand has exceeded the revenue of Two hundred crores, Baba Ramdev, alongside Acharya Balkishan established this company in the year 2006.
Initially, Patanjali started manufacturing herbal and Ayurvedic items. Once obtaining success in this field, Patanjali distended its business in different areas too, like beauty products, health care, skincare, food product, and a lot more products.
6. Dr. Lal Pathlabs
Founded in: 1950
Franchise units: 2000+
Initial investment: ₹ 3-4 Lakhs
Area needed: 200-250 square foot
Dr. Lal PathLabs is India’s trustworthy& one of the largest diagnostic chains with over sixty years of expertise in providing pathology services. Dr. Lal Pathlabs operates labs and diagnostic centers not solely in India but also in some countries just like the UAE, Nigeria, Bangladesh and offers a variety of services (pathology testing, radiology testing, science laboratory, laboratory management services, quality assurance program).
To Sum up
So these were the Latest Franchise Opportunities in India 2021. These franchise has bought development and technological advancements in abundance to our country. It has also provided employment and career opportunities in our country, thereby contributing to our economy and also raising the skills of human resources. I hope you all got all the information regarding the latest franchise opportunities in India and then Plan for yourself accordingly.
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