Franchising is the method of running a company in collaboration with some or all parties to establish a profitable business in a different place. That’s why business franchise opportunities are equally important. Companies in the past offered marketing contracts or distribution, which allowed them the authority to sell a product in a particular area.
Franchise business in India is also very popular and popular among people. Furthermore, the concept of franchising has expanded recently when a business permits another firm to use the brand and capitalize on the expertise of the parent firm to create a successful business.
This article will tell you why franchising is successful and franchise business opportunities are available for up to 10 lakh.
Reason Why Franchising Is Successful:
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A Solid Business Plan:
The only requirements for a franchise are that you pay the franchise fee and agree to the terms of the franchise agreement. If you follow the instructions exactly, the operational method won’t be a concern for you. You might instead concentrate more on other issues that require your attention.
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Brand Image:
In contrast to a new company, a franchise has a well-established brand. Fast recalls are already a feature of franchise operations, especially if you’re building a location close to an existing franchisee.
All you have to do is duplicate the templates and imitate the practices of the current franchisees.
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Partnership With Franchisors:
Having someone engaging with you to grow your business is one of the great advantages of purchasing a franchise. The franchisor is basically the mind and soul of the full franchise system and is aware of how a company develops and declines. It’s better to learn specific lessons and guidance from someone who built their company from scratch.
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Low Price, Huge Profit:
Franchise fees, state and local licenses and permissions, location rent, startup supplies, and employee salary must all be paid when purchasing a franchise. The financial concerns you’ll experience if you’re establishing your own firm are significantly more difficult to manage than this very well list of expenses.
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Training for staff members and regular guidance:
The training that shop staff receive is a significant factor in the success of franchisees. Franchise owners want their recently approved franchise locations to be successful, so they’ll make sure you and your staff is familiar with upkeep procedures.
Top business franchise opportunities in India under 10 Lakhs
- Saoji Mejwani
- Food Of Indians
- Yappy’s Chicken Adda
- Chaat Adda
- Biryani Station
- Eggoholic
- The Egg Bite
- Ashwini Amrutulya
- Chai Vaai Cafe
- Jaggery Tales
So, here are some top Franchise under 10 Lakhs
Saoji Mejwani:
Saoji Mejwani is the perfect venue for traditional Saoji Mejwani that everyone will love. They have mastered the art of delivering quality food that people love using quality ingredients and cutting-edge technology. Believing in continuous research and development of people’s tastes and developing the best products.
We are only in FOFO Model.
Model |
Xpress Model | Cloud Model |
Dine – IN Model |
Space |
100 to 200 Sq.ft. | 100 to 200 Sq.ft. | 300 Above Sq.ft. |
Setup Cost |
3.5 Lakhs |
2.5 Lakhs |
6 Lakhs |
Franchise Fee |
2.5 Lakhs |
2.5 Lakhs |
3 Lakhs |
Total Investment | 7 Lakhs | 6 Lakhs |
10 Lakhs
|
Food of Indians:
Food of Indians (FOI) was started in 2011 with a small outlet and now over 45 franchises across India. FOI Noodles has now entered the institutional market of ice cream with the brand ‘FOI’ and has become a popular favorite.
Model |
QSR |
Space |
300 Sq.ft. |
Setup Cost |
5.5 Lakhs |
Franchise Fee |
4.5 Lakhs |
Total Investment |
10 Lakhs |
ROI |
12-14 Months |
Royalty |
0% |
Yappy’s Chicken Adda:
To capitalize on the growing demand for fast food, Yappy’s Chicken Adda was introduced in 2016. There are currently 64 franchisees for the brand, which is primarily aimed at cafes and fast-food retail businesses.
- Investment: INR 10 Lakhs
- Area: 250 Sq.Ft.
Chaat Adda:
With its unique concept and wide selection of Indian street food, Chaat Adda offers classic street food. Incorporating ingredients from all over the world, Chaat Adda offers a delicious chaat that has become even more enticing due to globalization.
Franchise Investment Details |
|
Business Model |
QSR, Café & Dine-in |
Space in SQFT |
INR 150 Sq.ft |
Interior Cost |
INR 1 Lakh |
Equipment Cost |
INR 1.5 Lakh |
Licenses Cost |
INR 10 K |
Franchise Fee |
INR 2.5 Lakh |
Miscellaneous expenses |
INR 35 K |
Initial stock Cost |
INR 1.5 Lakh |
Total Investment |
INR 6.5 to 7 Lakh |
Royalty |
0% |
Model |
FOFO |
Monthly working Capital |
INR 1 Lakh |
Rent Analysis |
INR 35000-50000/- |
Master Franchise |
|
City, State, Country |
Pan India |
Master Franchise fee |
15-20 Lakh |
Total Investment |
INR 25 Lakh |
Royalty |
0% |
No. of franchise license |
3 |
No. of own outlet |
1 |
No.of sub-franchise |
10 to 15 |
Warehouse ( Yes/ No) |
Yes |
Vender managemennt ( Yes/ No) |
YES |
HR service ( Yes / No) |
YES |
Logistic management (Yes/ No) |
YES |
Marketing responsbility |
Brand |
Biryani Station:
While Indian food is famous internationally, there is one dish that we are very famous for in India. Biryani is a dish that is loved by everyone, even children. And Biryani Station is a favorite place for biryani lovers.
Franchise Investment Details |
|
Business Model |
QSR |
Space in SQFT |
200 sqft Minimum |
Equipment Cost |
INR 2.5 Lakhs |
Licenses Cost |
INR 15000 |
Franchise Fee |
INR 300000 |
Miscellaneous expenses |
INR 30,000 |
Initial stock Cost |
INR 1.5 Lakh |
Total Investment |
INR 7.45 Lakhs |
Royalty |
0% |
Model |
FOFO |
Monthly working Capital |
1 Lakh |
Rent Analysis/month |
40000-50000/- |
Interior Cost |
At per Actual Price |
Licenses type |
Food Trade License, Shop Act License & GST |
Marketing Cost |
Company Will Support In Marketing Part |
IT systems |
Not Confirm |
Master Franchise Details:
Master Franchise |
|
City, State, Country |
Pan India |
Master Franchise fee |
15-20 Lakh |
Total Investment |
25 Lakh |
Royalty |
0% |
No. of franchise license |
3 |
No. of own outlet |
1 |
No.of sub-franchise |
10 to 15 |
Warehouse |
Yes |
Vender management |
YES |
HR service |
YES |
Logistic management |
YES |
Marketing responsibility (Brand marketing/ 3rd party tie-up) |
Company Responsibility |
Eggoholic:
Eggoholic is India’s first proprietary premium brand. Coming to a new and exciting origin. At Eggoholics, egg lovers want to eat healthily and be healthy. The Eggoholic brand experience is evident in the amazing store environment that is informative, colorful, and always entertaining.
Franchise Business Model |
|
Expansion Model |
Kiosk |
Space |
150 to 300 Sq. Ft. |
Interior Cost |
150000 |
Equipment Cost |
150000 |
Licenses Cost |
15000 |
Franchise Fee |
200000 |
Initial Raw Material Cost |
140000 |
Marketing Cost |
NA |
Total Investment |
655000 |
Royalty |
NA |
ROI (Break-Even Point) |
6 to 9 months |
Model (FOFO/FOCO) |
FOFO |
Monthly working Capital |
50,000/- |
No Staff required |
2 to 3 staff |
Monthly Rent Approx. |
15,000 to 45,000 |
The Egg Bite:
The Egg Bite is an Indore-based brand incorporated to deliver fresh cuisine in an organized manner. Here you will find more than 60 menu items of your choice in the food service industry. We keep trying new things to keep people’s appetites alive
Model |
Cafe |
Space |
200 – 250 Sq.ft. |
Machinery & Equipment |
1.5 Lakhs |
Interior & Furniture |
2.5 Lakhs |
Branding |
54 K |
Franchise Fee |
02 Lakhs |
Other Cost |
37 K |
Total Investment |
6.91 Lakhs |
ROI |
12-14 Months |
Royalty |
5% |
Ashwini Amrutulya:
For everyone else but us Indians, tea can be just tea. From engaging your guests to understanding the stress involved in doing so, tea is the answer. Ashwini Amrutulya, a traditional tea shop in India, recognized this special demand across the Indian consumer market and established itself in the daily routine of its customers.
- Investment for an Ashwini Amruttulya Shop is 3.90 lakh
- Minimum 100 to 150 sq. area with ample parking space.
Chai Vaai Café:
Chai Vaai Cafe is run by an entire team of professionals in the hospitality business. Our team has 16 years of arduous operational experience and has received training to handle operations and franchising. For new franchise owners, Chai Vaai Cafe provides thorough training that includes structured work and in-store skill development.
Investment Starting: 850000-1650000 Lakhs
SPACE: 200-500 Sq. ft
Jaggery Tales:
if you are a true tea lover and want to start your business in the tea industry then with Jaggery Tales we have decided to make Gula tea with a focus on people’s health is a profitable and more popular option for people.
- Investment: INR 7 Lakhs
- Area: 150 Sq.Ft.
Due to its huge potential for new prospects, the hotels and resorts industry is often in the headlines. No matter where you are in the world, there are always hotels and resorts of different shapes and sizes that cater to different customers and clients. One of the biggest ways to enter this highly competitive industry and achieve success in a short period of time is to buy a franchise.
With us, you have the opportunity to work on tested business strategies and effective marketing strategies that will undoubtedly help you succeed and make money in the hotel and resort sector. There are many hotels and resorts franchise business options available, so you’re sure to find one that appeals to you both professionally and personally.