In India, the franchise industry is thriving, with nearly every domestic and foreign brand choosing to enter the vast and densely populated Indian market. The franchise business model is profitable because it generates profits for both the franchisee and the franchisor. The franchisor provides the franchisee with training and structural organisation support, conceptual clarity, a high-value brand name, legal support, and so on in exchange for a royalty and an upfront commencement fee, as well as an ongoing profit share. The franchise business is one of the models that brands have used to expand in India. Here is a list of profitable franchise businesses.
What is a franchise Business?
A franchise is a type of business that allows others, known as "franchisors," to distribute its products and services. Franchise businesses are typically larger businesses/companies that provide numerous business opportunities to their franchisors. The term 'franchise' refers to the contract that binds the franchisor and the franchisee.
Profitable franchise business ideas-
Subway franchise outlet
Subway is the world's largest sandwich franchise. Subway was founded in 1965 by Fred DeLucea to help pay for his college tuition. Subway's mission is to provide its customers with high-quality service at reasonable prices, which is something that every brand strives for nowadays. Subway is now recognised as one of the best beverage and food franchise businesses in India.
Javid Habib's Beauty and Hair Ltd
Jawed Habib' is the hair grooming and wellness brand of Jawed Habib. Jawed comes from a barbering family, so he was no stranger to haircuts. Lord Mountbatten and Pandit Jawaharlal Nehru, among others, had his grandfather as their barber. He glamorised and revolutionised haircuts, making them a fashion statement. His ancestry and family skills have contributed significantly to his success.
DTDC Cargo and Couriers Ltd
Subhashish Chakraborty is the founder, chairman, and managing director of the company. The brand was founded in Bangalore in 1990 and now has over 1000 franchise units in India, making it an excellent franchise business opportunity for those who are interested. DTDC pioneered the franchise-based model in the express industry and is still regarded as the company with the best franchise opportunities.
Lenskart offers comprehensive eyewear solutions, including the best eyeglasses and frames, as well as a personalised optometrist appointment, advice, and combination offer. Lenskart started selling sunglasses and eyewear in 2011 and has since expanded to offline stores, online services, and full-service eyewear solutions. Amit Chaudhary, Piyush Bansal, and Sumeet Kapahi founded it. It has more than 330 franchisees and is available across India. The franchise opportunity provides good profits and is dependent on Lenskart's plans to expand their retail eyewear footprint throughout India.
InXpress, founded in 2011, has a well-established global partnership network of units that handle courier item deliveries and pickups by utilising top-tier carriers and facilities. They offer great and reasonable prices for their services and provide their franchisees with a dependable brand name in order for them to provide global deliveries at reasonable prices. The flexible business opportunity is a low-investment, high-return business model.