By FMTeam Sure, it is true that the efforts and time you put in a business are the things that increase your chances of success. But you can’t just overlook the importance of money or initial investment as a booster for your business’s growth, right? And in our opinion, if you are looking forward to starting a business, an amount as big as 50 lakh rupees can do wonders. Let’s say you don’t want to risk it all, well, then you have another option which is to get the franchise of some popular brand, company, or business out there and take it from there, you know? And that’s precisely why we are here with a list of profitable franchises under 50 lakhs in India as of 2024. So, let’s get to it.
1. Jawed Habib Hair and Beauty Limited
There is a seriously high demand for hair stylists in India because our local hair stylists aren’t skilled and good enough to make sure we get the desired look or hairstyle we want. Well, that’s often the case. And that’s where we’d like to introduce you to the Jawed Habib Hair and Beauty Limited, a hair salon chain in India, which now has 500 outlets all around the country. Investing between 30 to 50 lakh rupees will get you into this glitzy world of hairstyling, you know, which covers franchise fees, interior design, equipment, and first marketing.
2. Green Trends
Remember the first time you felt like a million dollars with a stylish haircut? Most likely that happened at Green Trends. Renowned for its modern designs and high-quality treatments, this chain of salons appeals to men and women with a vast range of grooming needs in the country. Part of this fashionable trendsetter with a 30 to 50 lakh rupee investment including franchise fees, setup, equipment, marketing, and a minimum 250 square foot area.
3. 3M Car Care
Now enter 3M Car Care, the industry leader in expert vehicle cleaning and maintenance, you know? Having more than eighty locations spread across 25 cities, they provide interior treatments as well as paint protection. Covering franchise fees, setup, marketing, and a location of roughly 1,000 square feet, for 30 to 50 lakh rupees you can turn your love of cars into a profitable business.
4. Mahindra First Choice Wheels Ltd
Consider the last used automobile purchase you made and your desire for a more dependable supplier. The solution is Mahindra First Choice Wheels LTD, the top multi-brand certified second-hand automobile company in India. Investing thirty to fifty lac rupees and a space of about 1,500 square feet can help you establish credibility in the automotive industry with Mahindra’s name.
5. Bikanervala
The snacks industry is growing super fast in India, so why not take advantage of that? Well then, famous for its delicious snacks and sweets, Bikanervala is your golden ticket. This company offers quality, flavor, and hygiene with over 85 stores in India and 26 elsewhere, you know? Offering delicious cuisine and a place of 1,200 to 2,000 square feet, an investment of 30 to 40 lakh rupees will make you a beloved among foodies.
6. Figaro’s Pizza
Dreaming of running a piece of the explosive fast-food business? Globally quick-serving restaurant Figaro’s Pizza is focused on delicious pizzas and Italian cuisine. Investing between thirty and fifty lakh rupees and with a 1,500 to 2,000 square foot area will grant access to their proven business strategy and continuous support, that’s for sure.
7. Barista
Would you like a comfortable place where talks and coffee go naturally? Among India’s first coffee chains, Barista does just that. Coffee lovers visit Barista, well-known for its excellent coffee and cozy atmosphere. Investing 20 to 30 lakh rupees and having 650 to 850 square feet would allow you to join this coffee culture and offer a whole café experience.
8. Khadim’s
Always longed to enter the footwear retail sector? Established in 1981, Khadim’s is a famous brand with about 480 shops spread over 23 states. With their name, investing 20 to 30 lakh rupees, and with a 2 lakh rupee refundable security deposit, you can open a store covering 500 to 700 square feet.
9. Giani’s Ice Cream
Love makes smiles in scoops. Among the first ice cream stores in India, Giani’s Ice Cream is well-known for its extensive selection of vegetarian ice creams. Originally opened more than six decades ago, Giani currently boasts almost 200 outlets right now. Your love of sweets and desserts can become a profitable business with a 20 to 30 lakh rupee investment and a 100 to 250 square foot area.
10. VLCC
Looking to ride the wellness scene in the country? Leading name in wellness and beauty, VLCC provides wellness therapy, weight control, and cosmetic treatments right here in India. Having more than 300 centers throughout the world, VLCC offers thorough assistance and training. You can join this reputable brand and provide excellent wellness treatments for 30 to 50 lakh rupees and a space of roughly 800 square feet.
11. Tumbledry
Imagine a laundry service offering a one-stop fix for all cleaning requirements, sounds awesome, right? With more than 300 outlets, Tumbledry, started in 2019, is the biggest chain of laundry and dry-cleaning facilities in India. Backed by thorough training and support, you will be offering laundry, dry cleaning, shoe repair, and bag cleaning services for 25 lakh rupees and a 250-square-foot location.
12. Sleepwell
Ever considered assisting somebody in better sleeping? A leading brand in the Indian mattress and home furniture sector, Sleepwell provides premium sleeping options, you know? Offering a selection of mattresses, pillows, and bedding accessories, your investment of 15 to 40 lakh rupees and an area of roughly 1,200 square feet will allow you to serve those who really want to sleep well with Sleepwell’s products.
Conclusion
There you have it. Remember, we listed these franchise opportunities for just the mere introduction, it is your responsibility to dig a little deeper and find a whole lot more about these franchise opportunities before you apply for them. So good luck with that.
Related Topics
- Franchise Business Under 5 Lakhs in India
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- Franchise Business Under 20 Lakhs in India