Franchises Under ₹10 Lakh in India
Franchising is a popular way to start a business in India because it offers a ready-made business model and established brand value. However, many potential business owners believe that franchises come with a high price tag. The good news is that several franchise opportunities are available in India for under ₹10 lakh, making it easier for first-time entrepreneurs and those with limited capital to start their business journey.
In this blog, we will explore some of the best low-investment franchise options across different sectors, ideal for budding entrepreneurs looking to invest under ₹10 lakh.
Why Choose a Franchise Under ₹10 Lakh?
Opting for a franchise under ₹10 lakh has several advantages, especially for beginners and small investors:
- Low Capital Requirement: It allows you to start a business without breaking the bank.
- Established Business Model: You gain access to a proven business model, reducing the risk of failure.
- Brand Recognition: You start with an established brand that already has a customer base.
- Training and Support: Most franchises provide initial training and ongoing support to help you run your business smoothly.
- Faster ROI: With a low initial investment, you can expect quicker returns on your investment compared to higher-end franchises.
Factors to Consider Before Choosing a Low-Investment Franchise
Before jumping into any franchise business, especially one with a low investment, it’s important to consider the following factors:
- Industry Demand: Ensure there is demand for the product or service in your region.
- Profit Margins: Look for franchises with reasonable profit margins and low operating costs.
- Franchise Terms: Understand the terms and conditions, including royalty fees, ongoing support, and the length of the agreement.
- Scalability: Choose a franchise that offers potential for growth and expansion.
- Franchisor Support: Make sure the franchisor provides sufficient training, marketing, and operational assistance.
Best Franchises Under ₹10 Lakh in India
Here are some of the top franchises in India that require an investment of less than ₹10 lakh:
1. Amul Ice Cream and Amul Preferred Outlet
- Industry: Dairy and Food
- Initial Investment: ₹2 – ₹5 Lakhs
- Franchise Fee: None
- Why It’s a Good Option: Amul is one of India’s most trusted dairy brands, known for its extensive product range, including milk, ice cream, butter, and other dairy products. The franchise operates on a no-franchise fee model, making it accessible for low-budget entrepreneurs. The low investment and high brand value ensure steady sales and fast returns.
2. DTDC Courier and Cargo
- Industry: Logistics and Courier
- Initial Investment: ₹1.5 – ₹2 Lakhs
- Franchise Fee: ₹50,000 to ₹1 Lakh
- Why It’s a Good Option: As the demand for logistics and courier services increases with the growth of e-commerce in India, DTDC’s franchise offers a lucrative opportunity. This franchise is ideal for those who want to enter the logistics industry with a small investment. DTDC provides comprehensive training and operational support, making it an excellent low-cost business for beginners.
3. Archies
- Industry: Retail (Gifts and Greeting Cards)
- Initial Investment: ₹7 – ₹10 Lakhs
- Franchise Fee: ₹1.5 Lakhs
- Why It’s a Good Option: Archies is a well-established brand in the gift and greeting card industry, with a loyal customer base. The franchise offers a low-cost entry into retail, and the brand’s name provides credibility. Archies provides comprehensive training, support in merchandise selection, and assistance with store setup, making it a hassle-free option for beginners.
4. Jugnoo
- Industry: On-Demand Services (Auto-Rickshaw Aggregator)
- Initial Investment: ₹5 Lakhs
- Franchise Fee: ₹1 Lakh
- Why It’s a Good Option: Jugnoo is a popular auto-rickshaw aggregator service in India, similar to ride-hailing apps like Uber and Ola. The franchise offers a unique opportunity in the on-demand transportation sector with a low initial investment. The business model works best in cities and urban areas where public transport and ride-hailing services are in high demand.
5. P&G Purifier of Water Sachets
- Industry: Water Purification & Hygiene
- Initial Investment: ₹3 – ₹5 Lakhs
- Franchise Fee: ₹50,000
- Why It’s a Good Option: P&G Purifier of Water sachets offers an innovative and affordable solution to provide safe drinking water. Each sachet can purify up to 10 liters of water, making it a game-changer in areas with limited access to clean water. With rising awareness about health and hygiene, the demand for water purification solutions is growing rapidly. This franchise is ideal for entrepreneurs aiming to address a critical need while tapping into a profitable market with a scalable business model.
6. Pathkind Diagnostic Centre
- Industry: Healthcare & Diagnostics
- Initial Investment: ₹50K- ₹5 Lakhs
- Space Required: 300-500 sq. ft.
- Why It’s a Good Option: Pathkind Diagnostic Centre is a fast-growing brand in the healthcare sector, offering a wide range of pathology and diagnostic services. With advanced technology and reliable test results, it caters to the ever-increasing demand for quality healthcare services. The franchise provides an excellent opportunity for entrepreneurs to enter the thriving healthcare industry with a trusted brand. The business model works best in urban and semi-urban areas, where diagnostic services are essential and consistently in demand.
7. Yatra Online
- Industry: Travel & Tourism
- Initial Investment: ₹3 – ₹5 Lakhs
- Franchise Fee: ₹50,000
- Why It’s a Good Option: Yatra Online is one of India’s leading travel agencies, offering a wide range of services, including flight bookings, hotel reservations, holiday packages, and more. The franchise provides an excellent opportunity to enter the booming travel and tourism industry with a well-established brand. With the rising demand for personalized travel experiences, this business model works best in urban and semi-urban areas where travel services are in high demand.
8. Bersache Sports
- Industry: Retail (Footwear)
- Initial Investment: ₹5 – ₹10 Lakhs
- Space Required: 500 – 700 sq. ft.
- Franchise Type: Unit
- Why It’s a Good Option: Bersache has a significant presence in the Indian footwear market, known for its quality and affordable sports shoes. The company provides assistance with store setup, merchandise selection, and training, ensuring a smooth start for franchisees. The demand for affordable and stylish sports footwear is on the rise in India, presenting a lucrative opportunity for new entrants.
9. Everest Franchise
- Industry: FMCG
- Initial Investment: ₹50K – ₹2Lakhs
- Space Required: 500 – 1000 sq. ft.
- Franchise Type: Unit
- Why It’s a Good Option: Everest Masala, a household name in India’s spice industry, offers a lucrative franchise opportunity for entrepreneurs looking to venture into the thriving food and FMCG sector.
10. Laurel Perfumes Franchise
- Industry: Fashion
- Initial Investment: ₹2Lakhs – ₹5Lakhs
- Space Required: 100 – 200 sq. ft.
- Franchise Type: Unit
- Why It’s a Good Option: Laurel Perfume, a renowned name in the fragrance industry, presents a promising franchise opportunity for entrepreneurs looking to enter the growing market of luxury and high-quality perfumes.
Franchises under ₹10 lakh provide a fantastic opportunity for aspiring entrepreneurs to own a business without requiring a large capital outlay. The key to success lies in choosing a franchise that aligns with your interests, market demand, and long-term growth potential. From food and retail to education and services, there are plenty of options to explore in India’s dynamic franchise market.
Make sure to do thorough research before investing, understand the terms and conditions of the franchise agreement, and check for ongoing support from the franchisor. With the right choice and dedication, owning a franchise can be your gateway to entrepreneurial success!
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