Top 6 Franchise Business Ideas in India in 2020.

Top 5 Franchise Business Ideas in India in 2020

Top 6 Franchise Business Ideas in India in 2020

Starting a company branch in its own city using the brand name of a company is called a franchisee. For this, you have to compromise with that company and also have to pay some of its charges. After which you can open a franchise in the name of that company and start your business using the brand of that company, the way of doing business, the price and technology set by it.

Investment on franchise depends on which area you want to invest in and what is your budget. Let's know about some 10 Sectors where you can earn good money by taking franchise even in low budget.

1. Health & Fitness.

You can open a franchise of Pharmacy, Clinic or Gym in the name of a good medical company in your city. For this it is necessary that the place where the business is to be done should be in which market or clean environment. There are some examples of this sector, in which you can start trading by investing.

Ideas                                  Investment                                Space (sq ft)

Pharmacy                          10-20 lack                                   300-400

Diagnostic Center           3-5 lack                                      250-400

Saloon-Spa                           35-40 lack                                    600-800

Gym                                   35-50 lack                                    1500-2500

2. Food Center.

A franchise of coffee shop or restaurant can be taken in it. You can open them in any school, college or office area so that opportunities for growth in business can increase. You can use these ideas in food business.

Ideas                                   Investment                                 Space (sq ft)

Coffee Shop                            5-10 lack                                    200-700

Ice Cream Parlor                   10-15 lack                                     250-400

Restaurants                            10-20 lack                                    200-500

3. Garment & Footwear.

The fashion market is changing at a very fast pace with the maximum impact on clothing. Therefore, if you take a franchise of a big famous brand and put it in an area or market where competition is low, then you can earn a lot of money from it.

Ideas                                   Investment                                   Space (sq ft)

Ready-

mad                                          40-50 lack                                     1500-2000

Garment


Ethnic Wear                           10-15 lack                                       400-1000

Footwear                            30-40 lack                                     800-1200

4. Education.

In the field of education, business is progressing day by day. In this, you can take franchises in many sectors like schools, coaching centers, training centers. The most important thing that comes in this is that the quality of education should be better, because without it there is no meaning.

1. Coaching Center.
You can take franchisees from school students to companies working in Engineering, Medical or Management -
Investment: 2-5 lack
Space: 1,000-4,000 sq ft

2. Skill Development Center.
In this, you can take franchisees training in Computer Training, Handicraft, Repairing or English Speaking -
Investment: 50,000-5 lack
Space: 4000-600 sq ft

3. Vehicle Training Center.
From the young to the elderly, today everyone wants to drive a car or bike, so teaching people how to drive can also become your source of income -
Investment: 20-45 lack
Space: 3000-6,000 sq ft

5. Retail Business.

There are a lot of brands in the market who sell their goods to the people by making Networking or Chain System. Today the retail sector is meeting all the needs of food and drink, from day to day. In this you can open many franchises like Brand Outlet, Grocery Store or Supermarket.

1. FMCG.
In this sector, you can take a franchise of a company selling goods for domestic needs.
. Investment: 10-20 lack
. Space: 200-400 sq ft

2. Supermarket.
Easy Day and D Mart have proved that in today's online world, millions can be earned from supermarket franchisees.
. Investment: 40 lack - 1 Crore
. Space: 1500-10000 sq ft

3. Consumer Electronics and Appliances.
In this, a franchisee of a company that makes electric goods for the home can be taken, along with it you will be able to earn money by offering good service of electronic products.
Investment - 20-30 lack
Space: 1500-2000 sq ft

6. IT Services.

In order to get franchise of Software, Advertisement Agency or Investment companies, it is necessary that you have a place in the market or urban area.

1. Advertisement and Media.
You can also earn income by advertising your client's products or services.
Investment: 5-15 lack
Space: 500-1500 sq ft

2. Logistics.
It is also beneficial to take a franchisee of Courier or Delivery service. Business can be carried forward with better network and time management.
Investment: 10-30 lack
Space: 500-700 sq ft

3. IT Services.
. Investment: 5-25 lack
. Space: 500-1500 sq ft

4. Consultancy.
By providing Manpower to a company, you can earn Profit from them.
. Investment: 5-15 lack
. Space: 500-1500 sq ft

5. Financial.
You can do business of franchise of company investing in Stock or Commodity Market -
. Investment: 5-10 lack
. Space: 500-1000 sq ft

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