Profitable franchise business opportunity in India in 2023

 

Are you looking for a profitable franchise business opportunity in India in 2023? If yes, then you have come to the right place. In this article, we will share with you some of the best franchise businesses in India that you can consider investing in.

Franchising is a popular way of starting a business without having to create your own brand, product, or service. You can leverage the reputation, expertise, and support of an established company and benefit from their proven business model. Franchising also reduces the risk of failure and increases the chances of success.

However, not all franchise businesses are created equal. Some may require a huge investment, while others may have low returns. Some may have a high demand, while others may face stiff competition. Therefore, it is important to do your research and choose a franchise business that suits your budget, skills, and interests.

To help you with your decision, we have compiled a list of the top 25 franchise businesses in India for 2023 based on their popularity, profitability, and potential. These are:

1) Patanjali: Patanjali is one of the most trusted and popular Indian brands that offers a range of herbal and Ayurvedic products. Founded by Baba Ramdev and Acharya Balkrishna in 2006, Patanjali has expanded its product portfolio to include beauty products, health care, personal care, food products, and more. Patanjali has become one of the most valuable brands in the FMCG sector and has a loyal customer base. Patanjali products are known for their quality, affordability, and natural ingredients. To start a Patanjali franchise, you need a minimum area space of 500 sq ft and an investment of at least 7 lakhs. You can expect a return on investment of around 20% and a break-even period of 2-3 years.

2) Domino's: Domino's is one of the most renowned pizza chains in the world with over 500 outlets in India. Founded in 1960, Domino's has become one of the leading pizza delivery services with a presence in over 70 countries. Domino's offers a variety of pizzas, pasta, chicken wings, appetizers, beverages, and desserts that are delicious and affordable. Domino's has a strong brand image, loyal customer base, and efficient delivery system. To start a Domino's franchise, you need a minimum area space of 1000 sq ft and an investment of around 30 lakhs. You can expect a return on investment of around 25% and a break-even period of 3-4 years.

3) Archies: Archies is one of the most loved brands that sells personalized gifts, greeting cards, art, and more. Established in 1979, Archies has touched millions of hearts with its products that cater to all occasions and festivals. Archies has a strong network of over 500 outlets across India and abroad. Archies products are known for their creativity, quality, and emotional appeal. To start an Archies franchise, you need a minimum area space of 250 sq ft and an investment of around 10 lakhs. You can expect a return on investment of around 30% and a break-even period of 2-3 years.

4) PMKVY Franchise: PMKVY or Pradhan Mantri Kaushal Vikas Yojana is a flagship scheme launched by the Ministry of Skill Development and Entrepreneurship in 2015 to provide skill development training to Indian youth. The scheme aims to empower millions of Indians to take part in industry-based skill-oriented training and earn a better livelihood. PMKVY offers courses in fields such as IT, banking,finance,management,digital marketing,data analytics,and more.PMKVY has a huge demand,as it helps the youth to enhance their employability and income.To start a PMKVY franchise,
you need a minimum area space of 1500 sq ft and an investment of around 15 lakhs.You can expect a return on investment of around 40% and a break-even period
of 1-2 years.

5) Dr. Batra's Clinic: Dr. Batra's Clinic is one of the leading homeopathy clinics in India that offers holistic treatment for various ailments. Founded by Dr. Mukesh Batra in 1982,Dr. Batra's Clinic has over 200 clinics across India and abroad.Dr. Batra's Clinic provides quality care and consultation to its patients using advanced technology and natural remedies.
Dr. Batra's Clinic treats conditions such as hair loss,
skin problems,allergies,asthma,arthritis,and more.To start a Dr. Batra's Clinic franchise,you need a minimum area space of 800 sq ft and an investment of around
25 lakhs.You can expect a return on investment of around 35% and a break-even period of 3-4 years.

6) KFC: KFC or Kentucky Fried Chicken is one of the most famous fast-food chains in the world that specializes in fried chicken and other snacks. Founded by Colonel Harland Sanders in 1930, KFC has over 20,000 outlets in more than 120 countries. KFC offers a mouth-watering menu of chicken buckets, burgers, wraps, fries, beverages,and more.KFC has a strong brand recognition,loyal customer base,and innovative menu.To start a KFC franchise,you need a minimum area space of 1000 sq ft and an investment of around
1 crore.You can expect a return on investment of around 20% and a break-even period of 4-5 years.

7) First Cry: First Cry is one of the largest online platforms for baby and kids products in India. Founded by Supam Maheshwari in 2010, First Cry has over 400 physical stores across India and sells more than 2 lakh products from over 2000 brands. First Cry offers a wide range of products for newborns, toddlers, kids, and moms such as diapers, clothes, toys, books,furniture,
and more.First Cry has a huge demand,
as it provides convenience,variety,quality,and affordability to its customers.To start a First Cry franchise,you need a minimum area space of 1000 sq ft
and an investment of around 15 lakhs.You can expect
a return on investment of around 30% and a break-even period of 2-3 years.

8) Lenskart: Lenskart is one of the leading online eyewear retailers in India that offers a range of eyeglasses, sunglasses, contact lenses, and more. Founded by Peyush Bansal in 2010, Lenskart has over 500 offline stores across India and sells more than 3 lakh eyewear products every month. Lenskart offers a hassle-free and convenient shopping experience to its customers with features such as home eye check-up, virtual try-on, free shipping, and easy returns. Lenskart products are known for their style, quality, and affordability. To start a Lenskart franchise, you need a minimum area space of 300 sq ft and an investment of around 20 lakhs. You can expect a return on investment of around 40% and a break-even period of 2-3 years.

9) Cafe Coffee Day: Cafe Coffee Day or CCD is one of the most popular coffee chains in India that offers a range of hot and cold beverages, snacks, desserts, and more. Founded by V.G. Siddhartha in 1996, CCD has over 1500 outlets across India and abroad. CCD offers a cozy and comfortable ambiance to its customers with its stylish decor, music, and wifi. CCD products are known for their taste, quality, and variety. To start a CCD franchise, you need a minimum area space of 1000 sq ft and an investment of around 50 lakhs. You can expect a return on investment of around 20% and a break-even period of 4-5 years.

10) NIIT: NIIT is one of the leading education and training companies in India that offers a variety of courses and programs for students, professionals, and corporates. Founded by Rajendra Pawar and Vijay Thadani in 1981,NIIT has over 500 centers across India
and abroad.NIIT offers courses in fields such as IT, banking,finance,management,digital marketing,
data analytics,and more.NIIT has a high demand,
as it helps learners to acquire new skills,upgrade their knowledge,and enhance their career prospects.
To start an NIIT franchise,you need a minimum area space of 1500 sq ft and an investment of around 30 lakhs. You can expect a return on investment of around 25% and a break-even period of 3-4 years.

11) Subway: Subway is one of the largest sandwich chains in the world that offers a range of healthy and delicious sandwiches, salads, wraps, and more. Founded by Fred DeLuca and Peter Buck in 1965, Subway has over 40,000 outlets in more than 100 countries. Subway offers a customizable menu to its customers with options such as bread, meat,cheese,veggies,
sauces,and more.Subway has a strong brand image,
loyal customer base,and efficient delivery system.
To start a Subway franchise,you need a minimum area space of 300 sq ft and an investment of around 25 lakhs.

12) DTDC: DTDC is one of the leading courier and logistics companies in India that offers a range of domestic and international delivery services. Founded by Subhasish Chakraborty in 1990, DTDC has over 10,000 outlets across India and abroad. DTDC offers services such as express delivery, cargo, e-commerce logistics,reverse logistics, and more. To start a DTDC franchise, you need a minimum area space of 250 sq ft and an investment of around 1.5 lakhs.

13) Naturals: Naturals is one of the largest salon chains in India that offers a range of beauty and wellness services for men and women. Founded by C.K. Kumaravel and Veena Kumaravel in 2000,
Naturals has over 600 salons across India and abroad. Naturals offers services such as hair care,
skin care, nail care, spa, bridal makeup, and more. To start a Naturals franchise,you need a minimum area space of 1000 sq ftand an investment of around 40 lakhs.

14) Apollo Pharmacy: Apollo Pharmacy is one of the largest pharmacy chains in India that offers a range
of medicines, health care products,
and services. Founded by Prathap C.Reddy in 1983,Apollo Pharmacy has over3000 outlets across India.Apollo Pharmacy offers products such as prescription drugs,over-the-counter drugs,vitamins,
supplements,personal care,
baby care,and more.To start an Apollo Pharmacy franchise,you need a minimum area space
of 300 sq ft and an investment of around 15 lakhs.

15) Kidzee: Kidzee is one of the largest preschool chains in India that offers quality education
and care for children aged between 1.5 to 6 years.
Founded by Zee Learn Ltd.in 2003,Kidzee has over
1900 centers across India and abroad.Kidzee offers programs such as nursery,kindergarten,playgroup,
and enrichment activities.To start a Kidzee franchise,
you need a minimum area space of 2000 sq ft and an investment of around 12 lakhs.