Top 25 Highly Profitable Franchise Business Ideas in India

Profitable Franchise Business Ideas in India for 2024

Franchise business ideas have become a cornerstone of entrepreneurial success in India, offering a unique opportunity for individuals to embark on a profitable journey with lower risks and established brand support. This comprehensive guide presents the top 25 highly profitable franchise businesses in India, each carefully selected for its potential to generate substantial returns on investment. From renowned names in the jewellery and food industry to innovative ventures in logistics and education, this list encompasses a diverse range of opportunities for aspiring entrepreneurs.

1. Kalyan Jewellers: Crafting Success in Gold and Diamonds

Investment Required: Starting from ₹1 Crore

With a history of over 43 years, Kalyan Jewellers stands as a beacon of expertise in creating and selling exquisite jewellery items. Operating across 21 states and UTs in India, a Kalyan Jewellers franchise offers the potential for hefty profits. While significant, the investment is justified by the brand’s enduring appeal and the demand for gold, silver, and diamond jewellery.

Area Requirement: 1000-2000 sq. ft.
Profit and Margins: 12%-20% net profit on sales

2. KFC: Savoring Success with Iconic Fried Chicken

Investment Required: Starting from ₹96 Lakh

KFC needs no introduction when it comes to satisfying cravings for delicious fried chicken. The brand’s loyal customer base and the enduring popularity of its products make a KFC franchise a promising investment. Despite the initial high investment, the returns are substantial, driven by the love for KFC’s signature taste among Indian consumers.

Area Requirement: 1000-1500 sq. ft.
Profit and Margins: 7%-8% net profit on sales

3. Lakme: Beauty Redefined in Profitable Franchise Ventures

Investment Required: Starting from ₹50 Lakh

As one of India’s oldest and most reliable cosmetic brands, Lakme, now under Hindustan Unilever, boasts a strong hold over consumers. With over 150 physical outlets, a Lakme franchise is a lucrative opportunity, especially for those with a basic understanding of beauty products.

Area Requirement: 800-1000 sq. ft.
Profit and Margins: 18%-25% ROI

4. FabIndia: Fashioning Success in Cultural Apparel

Investment Required: Starting from ₹50 Lakh

A household name in the fashion and apparel sector, FabIndia has carved a niche in retail apparel sales in India. Distinguished from competitors like Zara and Levi’s, a FabIndia franchise offers a profitable venture catering to Indian consumers and their diverse cultures.

Area Requirement: 1000-1500 sq. ft.
Profit and Margins: 17%-20% net profit

5. Hero MotoCorp: Riding High in the Automobile Franchise Arena

Investment Required: Starting from ₹50 Lakh

As the leading automobile manufacturer in India, Hero MotoCorp presents a hot favourite for franchise business ideas. Boasting a wide range of motorcycles and scooters that cater to diverse consumer preferences, Hero MotoCorp’s extensive dealership and service centre network across India makes it a promising franchise opportunity.

Area Requirement: 2000-4000 sq. ft.
Profit and Margins: 5%-10% net profit

6. Jockey: International Comfort in Profitable Franchise Wear

Investment Required: Starting from ₹45 Lakh

Jockey, an international brand recognized for sleepwear, innerwear, and sportswear, has established a strong presence in India through its collaboration with Page Industries Limited. Stable sales and a reputation for quality make Jockey a sound choice for a profitable franchise business.

Area Requirement: 1000-1200 sq. ft.
Profit and Margins: 20%-25% net profit

7. Kake Di Hatti: Savoring Success with Authentic North Indian Flavors

Investment Required: Starting from ₹43 Lakh

A venerable family restaurant from Old Delhi, Kake Di Hatti has garnered a loyal audience with its authentic North Indian dishes. Maintaining consistent quality for over nine decades, a franchise business with Kake Di Hatti promises high profitability, perfectly aligning with the diverse tastes of Indian consumers.

Area Requirement: 1000-2000 sq. ft.
Profit and Margins: 20% net profit on sales

8. Domino’s: Pioneering Profitability in the Pizza Revolution

Investment Required: Starting from ₹30 Lakh

With the growing popularity of pizzas in India, Domino’s has emerged as a serious player in the food industry. Boasting over 1400 outlets, a Domino’s franchise offers the flagship pizza and an array of other food items. This franchise business promises substantial returns without requiring a significant investment.

Area Requirement: 1500-2000 sq. ft.
Profit and Margins: 8% net profit on revenue

9. Jawed Habib Hair & Beauty: Styling Success in Salon Franchises

Investment Required: Starting from ₹25 Lakh

Jawed Habib’s hair and beauty salons stand out as India’s most profitable franchise business ideas. With a presence in 85 cities, these salons are known for providing high-quality hairstyles and cosmetic treatments at affordable prices. A franchise offers the necessary training and support for entrepreneurs venturing into the beauty industry.

Area Requirement: 500-1500 sq. ft.
Profit and Margins: 20% profit margin

10. McDonald’s: Satisfying Appetites and Entrepreneurial Ambitions

Investment Required: Starting from ₹25 Lakh

Since it entered the Indian market in 1996, McDonald’s has been a popular choice, expanding its footprint with numerous outlets nationwide. Adapting to the Indian palate with dishes like Chicken Maharaja and Mac McAloo Tikki burgers, McDonald’s presents a strong franchise opportunity for new entrepreneurs.

Area Requirement: 1500-4000 sq. ft.
Profit and Margins: 29.36% net profit on sales

11. FirstCry: Nurturing Profitable Ventures in Kids’ Products

Investment Required: Starting from ₹20 Lakh

Capitalizing on the growing popularity of kids’ products, FirstCry is a prime choice for a profitable franchise. Collaborating with top brands like Disney, Pampers, and Barbie, a FirstCry franchise offers a business model valid for five years, providing a solid foundation for entrepreneurs seeking quick returns.

Area Requirement: 1200-2500 sq. ft.
Profit and Margins: 18%-20% net profit margin

12. Lenskart: Focusing on Eyewear Success

Investment Required: Starting from ₹20 Lakh

As a popular Indian eyewear brand, Lenskart is renowned for its extensive range of eyeglasses, sunglasses, and contact lenses. With products available both online and through offline outlets, a Lenskart franchise promises significant revenue, driven by the brand’s popularity among Indian residents.

Area Requirement: 300-500 sq. ft.
Profit and Margins: 30% ROI

13. Tumbledry: Cleaning Up in the Laundry Franchise Market

Investment Required: Starting from ₹18 Lakh

Established in 2019, Tumbledry has swiftly become India’s largest cleaning and laundry chain. Specializing in dry cleaning, laundry, carpet and bag cleaning, and shoe and bag repairing, this franchise presents a lucrative opportunity with an existing customer base across 80 cities.

Area Requirement: 200-300 sq. ft.
Profit and Margins: 50% profit margin

14. VLCC: Wellness and Beauty Profits

Investment Required: Starting from ₹15 Lakh

Founded in 1989, VLCC is a prominent wellness and beauty company in India. With products catering to skincare and weight loss, VLCC’s franchise business model is simple, offering impressive returns in exchange for an affordable capital investment.

Area Requirement: 800-2000 sq. ft.

15. Kathi Junction: Rolling Profits with Mughlai Delights

Investment Required: Starting from ₹15 Lakh

Specializing in Mughlai food items such as biriyani, kebabs, rolls, and wraps, Kathi Junction is a fast-food chain with a strong reputation and a loyal audience. A franchise business with Kathi Junction promises fixed revenue, given the brand’s popularity among Indian consumers.

Area Requirement: 100-200 sq. ft.
Profit and Margins: 20% net profit on sales

16. EuroKids: Nurturing Minds for Profitable Returns

Investment Required: Starting from ₹12 Lakh

One of India’s most popular preschool chains, EuroKids, is known for providing quality education to young minds. With a remarkable reputation, EuroKids franchises maintain impressive profitability and returns on investment, making it a lucrative opportunity in the education sector.

Area Requirement: 1500-2000 sq. ft.
Profit and Margins: 20%-25% ROI

17. Kidzee: Enlightening Profitable Paths in Early Education

Investment Required: Starting from ₹12 Lakh

Part of the Zee Learn Limited Group, Kidzee is a franchise business focusing on early education. Its “iLLUME” curriculum fosters unique and experiential lessons, making it a beneficial venture for those interested in teaching or managing young kids.

Area Requirement: 2000-3000 sq. ft.
Profit and Margins: 20%-25% of profit margin

18. Giani’s: Scooping Profits in the Ice Cream Industry

Investment Required: Starting from ₹12 Lakh

Giani is a popular ice cream and fast-food chain in India, offering a wide range of ice cream and desserts. With many stores and outlets nationwide, Giani’s franchise promises profitability quickly, thanks to its loyal customer base.

Area Requirement: 150-300 sq. ft.
Profit and Margins: 20% net profit margin

19. InXpress: Shipping Success in Franchise Logistics

Investment Required: Starting from ₹10 Lakh

A global logistics and shipping franchise, InXpress offers shipping and courier services. With a unique selling point of choosing cost-effective carriers and service options based on customer requirements, this low-cost franchise model ensures good returns for entrepreneurs.

Area Requirement: 250-500 sq. ft.
Profit and Margins: 30% ROI in the first year

20. Pepperfry: Furnishing Profits in the Online Furniture Niche

Investment Required: Starting from ₹10 Lakh

A new-age online furniture company, Pepperfry has rapidly gained popularity since its establishment in 2011. With over 70 stores and a customizable e-commerce platform, a Pepperfry franchise is an enticing choice, particularly as people increasingly show interest in creative interior decoration.

Area Requirement: 400-1200 sq. ft.
Profit and Margins: 20%-25% profit margin

21. SUBWAY: Substantial Profits in Fast-Food Franchises

Investment Required: Starting from ₹6.5 Lakh

A popular fast-food chain, SUBWAY specializes in submarine sandwiches. With a vast network of branches worldwide, a SUBWAY franchise provides a quick and profitable venture, catering to a loyal customer base.

Area Requirement: 250-300 sq. ft.
Profit and Margins: 10% ROI

22. Dr Lal PathLabs: Path to Profit in Diagnostic Franchises

Investment Required: Starting from ₹2 Lakh

Established in 1949, Dr Lal PathLabs is a reliable pathology laboratory brand in India. With over 3000 centres, the brand offers clinical laboratory tests, genetic testing, imaging, and radiology services. A Dr Lal PathLabs franchise, with cutting-edge facilities and equipment, is a trustworthy choice for entrepreneurs.

Area Requirement: 250-300 sq. ft.
Profit and Margins: 20% ROI

23. AMUL: Dairy Delights in Profitable Franchise Ventures

Investment Required: Starting from ₹1.5 Lakh

An iconic and reliable dairy brand in India since 1946, AMUL offers a wide variety of products, including milk, cheese, butter, and ice cream. With consumers across 40 countries, an AMUL franchise promises profitability with a minimal capital investment.

Area Requirement: 100-150 sq. ft.
Profit and Margins: 20%-50% gross profit margin

24. DTDC Cargo and Couriers Ltd: Delivering Profits in Courier Services

Investment Required: Starting from ₹50000

Founded in 1990, DTDC is one of India’s most popular and preferred courier services. With a robust network in domestic and international markets, a DTDC franchise offers impressive profit potential with minimal capital investment.

Area Requirement: 350-500 sq. ft.
Profit and Margins: 20% ROI

25. Delhivery: Modernized Logistics for Profitable Express Deliveries

Investment Required: Starting from ₹50000

A modernized addition to express logistics since 2011, Delhivery has become a serious competition for traditional companies. With franchise models like Constellation for freight pick-up and deliveries and Cosmos for a network of stores delivering to residents and commercial offices, Delhivery offers a profitable venture.

Area Requirement: 400-500 sq. ft.
Profit and Margins: 15% ROI with royalty commission

Additional Franchise Business Ideas

Fitness Centers: Brands like Anytime Fitness and Gold’s Gym offer franchise opportunities in the fitness industry, catering to the growing demand for health and wellness.
Coffee Shops: Consider franchises like Starbucks or Dunkin’ for a popular and profitable venture in the thriving coffee industry.
Automotive Services: Explore franchises in auto repair, car detailing, or automotive accessories, such as Midas, Jiffy Lube, or 3M Car Care.
Education and Tutoring: Brands like Kumon or Mad Science provide lucrative opportunities in the education sector, offering tutoring services and educational programs.
Senior Care Services: With the ageing population, franchises like Right at Home or Home Instead Senior Care provide in-home care services for seniors.
Pet Care: Tap into the pet industry with franchises like PetSmart or Wag ‘N’ Wash, offering pet grooming, boarding, and retail services.
Fast Casual Dining: Explore franchises in the fast-casual dining sector, such as Chipotle or Subway, catering to the demand for quick and quality meals.
Home Renovation: Brands like The Maids or Kitchen Tune-Up offer franchise opportunities in the home renovation and cleaning industry.
Courier and Logistics: Consider franchises like DHL or UPS Store for opportunities in the courier and logistics sector, fulfilling the growing demand for shipping services.
Frozen Yogurt: Brands like Menchie’s or Yogurtland offer franchise opportunities in the frozen yoghurt industry, capitalizing on the popularity of healthier dessert options.
Mobile Phone Repair: With the increasing reliance on smartphones, franchises like CPR Cell Phone Repair provide services for mobile phone repairs.
Childcare and Early Education: Brands like The Goddard School or Kiddie Academy offer childcare and early education franchise opportunities.
Real Estate Services: Explore real estate franchises like RE/MAX or Keller Williams for property and housing market opportunities.
Salon and Beauty Services: Franchises like Supercuts or Toni & Guy offer salon and beauty industry opportunities, providing hair and beauty services.
Commercial Cleaning: Consider franchises like Jani-King or Coverall for opportunities for commercial cleaning and janitorial services.

How Do you Start a Franchise Business in India?

Starting a franchise business in India involves a systematic approach and adherence to legal regulations. Here’s a step-by-step guide on how to initiate a franchise business and the necessary licenses required:

Step 1: Conduct Market Research

Before diving into any business venture, conducting thorough market research is crucial. Identify the industry, target audience, and potential competition. Assess the demand for the product or service you intend to offer through the franchise.

Step 2: Choose the Right Franchise

Select a franchise that aligns with your interests, expertise, and market demand. Consider factors such as the brand reputation, training and support provided by the franchisor, and the financial viability of the franchise.

Step 3: Business Plan Development

Create a detailed business plan outlining your goals, target market, marketing strategies, and financial projections. This plan will serve as a roadmap for your franchise business.

Step 4: Legal Structure and Registration

Choose a legal structure for your franchise business, such as a sole proprietorship, partnership, or private limited company. Register your business with the Ministry of Corporate Affairs in India.

Step 5: Obtain a Trade License

Contact the local municipal corporation to obtain a trade license. This license is essential for operating a business legally within a specific jurisdiction.

Step 6: Register for GST

If your franchise business has a turnover exceeding the GST threshold, you must register for GST. This can be done through the official GST portal.

Step 7: Location Approval

If your franchise requires a physical location, ensure the chosen premises comply with local zoning regulations. Obtain necessary approvals from the local municipal authority.

Step 8: Franchise Agreement

Negotiate and sign a franchise agreement with the franchisor. This agreement should outline the terms and conditions of the franchise relationship, including fees, territory, and operational guidelines.

Step 9: Trademark Registration

If the franchisor’s brand name or logo is not registered, consider registering it as a trademark to protect intellectual property.

Step 10: Obtain Necessary Permits and Licenses

Depending on the nature of your franchise business, you may need specific permits and licenses. Common licenses include:

Food License (FSSAI): Required for businesses dealing with food products.
Fire License: Mandatory for businesses using inflammable substances or operating in certain premises.
Health License: Necessary for businesses in the healthcare sector.
Environmental Clearance: Required for businesses that may have an environmental impact.
Signage License: This is needed if you plan to display signage for your business.
Police License: Some businesses, particularly those in the hospitality sector, may require clearance from the local police.

Step 11: Hire Staff

Recruit and train staff as per the requirements of your franchise. Ensure compliance with labour laws and maintain records of employment contracts, attendance, and wages.

Step 12: Marketing and Promotion

Develop a comprehensive marketing strategy to promote your franchise. Leverage both online and offline channels to create awareness and attract customers.

Step 13: Ongoing Compliance

Regularly review and ensure compliance with all relevant regulations. Stay informed about any changes in laws that may affect your franchise business.

Benefits of Starting a Franchise Business in India

Starting a franchise business in India offers several advantages, including:

Established Brand: Benefit from the recognition and trust of an established brand, reducing the need for extensive marketing efforts.
Proven Business Model: Franchisors provide a proven and successful business model, minimizing the risks of starting a new venture.
Training and Support: Franchisees receive comprehensive training and ongoing support, ensuring a smoother learning curve and operational efficiency.
Access to Resources: Franchisees gain access to the resources, expertise, and innovations of the franchisor, enhancing competitiveness in the market.
Reduced Risk: Franchise businesses often have a lower failure rate than independent startups, thanks to the support system provided by the franchisor.
Easier Financing: Banks and financial institutions are often more willing to finance franchise businesses due to their proven track record and lower risk profile.
Quick Start-Up: With an established model and support system, franchisees can start their businesses more quickly, accelerating the path to profitability.
Marketing Support: Franchisors typically provide marketing support, including advertising materials and strategies, helping franchisees attract customers more effectively.
Economies of Scale: Benefit from the purchasing power and economies of scale that come with being part of a larger network, leading to cost savings on supplies and services.
Exclusive Territory: Franchisees often receive exclusive territorial rights, reducing competition from other franchisees within the same brand.
Brand Loyalty: Established brands often have loyal customers, providing franchisees with a ready market and repeat business opportunities.
Operational Guidance: Franchisees receive guidance on day-to-day operations, ensuring consistency and adherence to brand standards.

Conclusion

In India’s dynamic landscape of franchise business opportunities, the list of the top 25 highly profitable franchises caters to a spectrum of industries, from renowned names in the jewellery and food sector to innovative logistics, education, and healthcare ventures. These franchises offer a gateway for aspiring entrepreneurs to embark on a journey of success, leveraging established brand names and minimizing risks.

Whether it’s the enduring appeal of Kalyan Jewellers, the global recognition of KFC, or the trusted wellness solutions from VLCC, each franchise on this list promises substantial returns on investment. As entrepreneurs consider venturing into these lucrative opportunities, assessing each franchise’s unique strengths and requirements is crucial to align with individual business goals.

In franchise opportunities, Kanakkupillai signifies a reliable partner for entrepreneurs seeking support in legal, financial, and compliance aspects of their business journey. Kanakkupillai, with its expertise in company registration, tax compliance, and business advisory services, can play a pivotal role in ensuring these franchises’ smooth establishment and growth.

By incorporating the support and services offered by Kanakkupillai, entrepreneurs can navigate the complexities of starting and running a franchise with confidence. As they embark on this exciting entrepreneurial journey, combining a well-chosen franchise and comprehensive support from Kanakkupillai can pave the way for long-term success in the competitive Indian business landscape.