The risk element with a franchised firm is low, and you have the right to use a well-established and well-known brand business model. You also don't have to spend money on marketing because the parent company will do it for you.
Patanjali is the most trusted and popular Indian brand, with recent revenues of over 200 crores. Patanjali is effectively managed with the strategy of Aacharya Balkrishna and under the leadership of Ramdev Baba, and Patanjali ayurvedic medicine is a highly valued product in the FMCG industry.
The finest feature about this franchise is that it can be established in rural, semi-rural, or metropolitan areas. You may make a lot of money if you get a Patanjali franchise, and the brand has been giving large FMCG giants giving a tough time with its extensive range of products.
Subway offers a unique partnership model, with the majority of franchises being owned by individuals or families. Subway is the world's largest sub-sandwich chain. Fred DeLucea founded Subway in 1965 to help pay for his undergraduate tuition. Subway's objective is to give high-quality service to its consumers at reasonable pricing, which is something that almost every company adheres to nowadays.
Franchisees who join the company's team have the chance to own a proven lucrative business with a cheap initial investment, uncomplicated operations, customizable floor plans, national and local assistance, national and regional advertising, and much more. The franchisee should have 170 square feet for the food court and 350 square feet for non-food court space, according to Subway. The franchise requires a minimum of eight people to run it.
DTDC India, which was created in 1990, is one of India's most popular courier businesses, with the widest network of delivery destinations and a range of local and international services. DTDC has a one-of-a-kind franchise-based business concept that offers a variety of franchise options. The franchisee structure enables new businesses get off the ground with little money and helps DTDC earn revenue. With a year-on-year growth rate of more than 15%, DTDC has showed exceptional network expansion. Over half of the franchisees have been with DTDC for more than five years and have had consistent success.
The food product marketing organisation Gujarat Cooperative Milk Marketing Federation (GCMMF) owns the brand Amul, which offers a profitable business opportunity with optimum returns on investment. The Amul Model has aided India in becoming the world's largest milk producer. Franchisees for the Milk brand include Outlets, Railway Parlors, and Kiosks. A franchise can generate revenue of roughly Rs 5 to 10 lakhs per month or earn margins of up to 20% on sale of a variety of products, depending on the shop location. Amul-branded outlets must be between 100 and 300 square feet in size and feature an air conditioning system.
Lenskart is one of India's most rapidly expanding eyeglasses companies. It has an online and offline presence. Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi started Lenskart in 2010 as an online contact lens marketplace. The collection expanded to include eyeglasses and sunglasses in 2011. The brand didn't stop there; in order to grow its retail footprint, it also opened offline outlets.
The current expansion strategy is to increase the number of offline locations from 330 to 500.
John Bissell launched FabIndia in 1960, and it has now become a household name. It is enjoyed by people of all ages. FabIndia has surpassed INR 1,000 crore in sales to become India's largest retail garment brand, far outpacing competitors such as Zara and Levi's India. The brand's initial mission of appreciating and sharing Indian culture through clothes and other items has not changed. FabIndia has been continually adding new product categories.
EuroKids is one of India's most well-known pre-school chains. It was formed in 2001 by Prajodh Rajan and Vikas Phadnis, and the success of EuroKids may be attributed to their 'child first' philosophy. EuroKids has grown from a publishing company to a full-fledged playschool chain with which parents across the country have placed their trust. The brand has built a fantastic name for itself as an ideal environment for growing young brains, with over 1000 pre-school centres in over 350 cities across India, Nepal, and Bangladesh. It plans to capitalise on this expansion by spending Rs 500 crores in approximately 2,000 additional schools in a variety of locales.