Top 10 Low Cost & High Profit Franchise Business Opportunities In India
If you love to travel and want to make a living at it, Dream Vacations might be the right franchise. Started in 1991, the home-based travel agency specializes in both land and cruise vacations and counts more than 1,200 franchisees best low cost franchises today. Getting started costs $9,800 and includes six days of training at company headquarters in Fort Lauderdale, Florida, website design, invoice and booking software and ongoing support on how to build your business.
If you want to start this premium beauty salon business, you must have a retail space of 800 to 1200 Sq Ft. In addition, the business demands an investment of Rupees 50 Lac to 1 Crore. Relooking is a leading beauty and slimming center located in Chennai, which offers a comprehensive range of beauty, skincare, haircare services, and skin treatments.
However, in order to become a successful business owner you should invest in a business you’re passionate about. You must believe in the brand’s products and services and also be able to forge a good working relationship with the franchisor and the head office teams who are tasked with supporting you during your time as a franchisee. As the owner of a low-cost franchise business, its success very much depends on how much time you invest in it and how well you follow the system you have invested in. Although owning a franchise isn’t for everyone, it does have some advantages over starting a business from scratch. For one thing, a franchise already has an established brand and customer base. The parent company—or franchisor as they’re called more commonly—has already done some of the hard work, such as creating the business concept, designing the logo, and developing marketing materials.
How to get funding for your franchise
Over the last three years, the number of Realty ONE Group franchise units nearly doubled, rising by 93.7%. The company is said to be your single source supplier for all shrinkwrapping products and accessories including heat tools, adhesives, zipper access doors and venting. They are noted for industry first products, prompt service and experienced application advice. Their premium products, seamless customer service and same day shipping have helped their loyal customers put them in the forefront as the leading supplier of shrinkwrap and accessories.
In return, you will get the sophisticated coffee-making machine of the CCD that makes excellent coffees in no time. To have a KFC franchise you need to have a space of a minimum of 500 sqft in a prominent and busy place and invest at least 50 lakhs. One of the largest pizza delivery services, Dominos means pizza at the doorstep within 30 minutes.
- You will have to discuss about the details of application for franchise with a company personnel and you can get all the necessary details about store location in the official website.
- Nerds On Site is a Technology Services Company with operations in Canada, USA, UK, Australia, south africa, Mexico and India, serving more than 65,000 Clients around the world.
- The company has helped plan 300,000 events, and works on over 13,000 weddings a year, according to its website.
- Laundry is a latent problem that has been begging for the right solution for a very long time.
- Just as growing older can allow for a more relaxed lifestyle, it can also present new obstacles and challenges.
It is one of the most renowned cruise planning companies in the country. The best part about this franchise is that you can set it up in your home and work out of your home. Here are the 18 best low-cost franchises you can choose from to fulfill your business dreams. The list is accompanied by information regarding financing and bank loans for your benefit and ease. Turn your dreams into reality with these franchises and become a business owner. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site.
The brand has also secured a place among the Top 100 Best Salons of the World in the Salon Red Book. The U.S. Small Business Administrations loan programs are quite popular as they have low-interest rates and long repayment terms. Buildingstars International is yet another commercial cleaning company. Second, an onsite manager who will oversee big teams and large buildings.
Padgett Business Services®: Starting at $15,000
French Loaf is a very popular name in the bakery and confectionery industry. Every product sold at The French Loaf is prepared with care, precision, and utmost love which translates to unparalleled quality and taste. The business demands a retail store location of 150 to 250 Sq Ft and an investment amount of Rupees 10 to 20 Lac. Basically, Hotfut provides world-class sports infrastructure for multiple sports and related facilities for communities at the grassroots level.
The methodology is Montessori, where children learn initial lessons through observation, games and different kinds of activities so as to develop and retain interest by play way method. An opportunity — to grow & add to the country’s growth is available for you, connect now to become a franchisee. Irrespective of the cost of starting https://1investing.in/ a franchise, make sure you don’t start your journey as a franchisee undercapitalised, as this is one of the main reasons new businesses fail. Opt for Equipment Financing if the franchise you are buying has high equipment costs. It is similar to a car loan where the equipment itself works as the collateral on the loan.
Dos And Don’ts For Any Business Website
If you are looking to start your business within an investment of 5,00,000 to 10,00,000 INR, having a playschool for kids can be a profitable venture. A recent trend shows the married educated women in our country are willing to set up their own business in the form of a playschool which is also a sign of women empowerment. Tree House Play School is offering a plausible opportunity with people who are willing to earn a living by supporting the education system. You can also establish an Amul ice-cream franchise because it is a very profitable business and people adore Amul for the taste and quality it provides. They are fast expanding, with roughly 29 million rides performed to date. They are excited to expand and invite different franchises to join them in this business.
Before venturing into one of these opportunities, do your research, review franchise paperwork, and evaluate whether the franchise is expected to have a positive uptrend in revenues and customer demand. This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. The industry leading technology and team of talented developers have built thousands of websites.
Some term loans have restrictions for using its funds for buying a franchise especially one without profit history, best to inform before signing up for it. The best way to get financing help is by contacting your franchisor itself. They have a better experience at financing as they must have helped somebody earlier as well. Many have an internal financing system or relationship with lenders. SBA loans the most coveted option around for many business borrowers.
But purchasing a franchise can be a realistic—and much more affordable—entry point for many entrepreneurs. And, because the equipment itself serves as collateral on the loan, borrowers who opt for an equipment financing loan tend to encounter fewer personal collateral requirements than they would with other loan products. A traditional term loan is likely the first scenario that comes to mind when you think of a business loan.
How much does a franchise cost?
Many have the ambition but struggle with finances to start a full-fledged business from scratch. A low-cost franchise is something you should consider while planning to try out your entrepreneurial streak. It doesn’t involve many challenges like the ones you will face while starting your business from scratch. Chem-Dry was founded in 1977 with the goal of cleaning carpets and keeping them clean, and since then, they’ve had a consistent track record of supporting their franchisees to build thriving businesses. The majority of local businesses have a website that is outdated and slow.
This eponymous children’s clothing consignment franchise was started in 1997 and has now expanded to 22 states. For $15,000 it offers potential franchisees the chance to organize large consignment events in the territory they purchase. Rhea Lana’s provides franchisees training, its proprietary inventory management technology, bar-coding programs and website design.
However, you can get a top-ranked, low-cost franchise that will still give you a chance to turn your business dreams into a reality. Demand, location, operation, services, recognition, etc., are some aspects one should consider while franchising. Giani’s went on to launch several company-owned and franchise outlets in Northern India and experienced big returns on its investment.
Determining the profitability of a franchise isn’t an exact science, but there are a few factors to consider, including the unit growth, new franchisee success rate, and the franchiser’s financial statements. When was the last time you made a fast food stop or purchased a cup of coffee before work? If the brand is recognizable and has multiple locations throughout your city or town, like McDonald’s or Dunkin’, it’s quite possible your favorite food joint is a franchise. I encourage anyone who’s thinking about buying a franchise to carefully consider the brands on our list.