Franchise Business Under 20 lakhs
When it comes to starting up a business with higher growth potential, the first thing that comes to mind is a franchise business. There is no doubt that the franchise business is getting more and more popular in recent years. It allows entrepreneurs to enter the market with already-established brand recognition. However, most people think that starting a franchise business requires huge capital and investments, but that’s not the whole truth. Now people can set up their franchise business with little investments as various cost-effective options are available in the market. You can enter the market by starting with a franchise business under 20 lakhs only. In this article, we have shortlisted some of the top franchise businesses in India that can be started with an investment of under 20 lakhs. So let’s explore the detailed description of each of them:
Top Franchises In India With Investment Of Under 20 Lakhs
- Frozen Bottle ( Average investment- ₹20 lakhs)
Frozen Bottle is one of the most suitable choices for opening a franchise business under 20 lakhs. In recent years, it has emerged as a highly prominent name in the beverage and dessert industry. Moreover, Frozen Bottle offers an attractive and unique menu for customers of all ages, whether they are kids, youngsters, or older. It is mainly known for its creamy ice creams, irresistible jar desserts, and delectable thick shakes.
Key points
- Extensive support system: Being a valuable franchise, Frozen Bottle offers a comprehensive training and support system for all the franchisees. Also, franchisees get constant support to enable smooth operations with consistent quality.
- Substantial brand presence- The brand maintains a strong presence on social media platforms and effectively utilizes digital marketing to engage with the target audience.
- Innovative menu– Frozen Bottle offers the most innovative menu and keeps on updating regularly as per the needs and demands of the market, attracting more and more customers.
- Investment– The required investment for opening a Frozen Bottle franchise is around INR 20 to 30 lakhs. This cost includes all the charges such as store setup, franchise fee, initial inventory, and equipment.
These are some of the key reasons why choosing a Frozen Bottle is a smart choice for opening a franchise business.
2. Tandoori ( Average investment- ₹15 lakhs )
Tandoori is a food and beverage franchise that can be started with an investment of around 20 lakhs. The Tandoori franchise was founded by Cinste Ventures, an organization that established and operates multiple brands with innovations and ideas, such as Fresho and Panwaadi. Being an ideal food franchise, Tandoori offers the convenience of fast food with a healthier and remarkable quality of food. Catering to the demand of both veg and non-veg eaters, the menu offers a wide variety of dishes comprising soy, Paneer, Chicken, Fish, Lamb, and many more options. Moreover, tandoori is indeed a suitable option for starting a franchise business with a meagre investment.
Key points
- The minimum Investment required for tandoori is INR 15 Lakhs while the maximum investment is INR 40 Lakhs.
- The required area to open a Tandoori franchise is 200-400 sq ft.
- The area of expansion for the franchise is PAN India.
So, if you are planning to open a franchise business under 20 lakhs, Tandoori can be your best choice.
3. Amul ( Average Investment – ₹1.5 lakhs)
Amul is another popular name in the franchise market with highly beneficial opportunities. It offers the most affordable and unique franchise model ideal for aspiring entrepreneurs. In India, Amul is the most prominent brand for dairy products and has strong brand recognition. What makes Amul different from other franchises is that it does not charge any royalties, allowing the franchisee to receive more of their profits from the business. And the best thing is that the franchisor offers training and support for the franchisee who is new to this business. They assist in all essential preparations including site selection, staff training, supply chain management, and marketing.
Key points
- Amul is a budget-friendly franchise that can be started with a mere investment of around 1 lakhs.
- The minimum required investment is 25000 and the maximum is 1,50,000, based on the business format.
- The average cost of equipment falls between 50 thousand to 1 lakhs.
- The profit Margin of this franchise is approx 5 to 15%.
So you can easily start your franchise business with Amul, as it requires less investment and effort.
4. Humpty Dumpty ( Average Investment- ₹11 lakhs)
Humpty Dumpty is a popular company offering the retail franchise in the fashion industry. It was founded in 2014 by a group of experts with rich knowledge and experience in respective domains. With International apparel, affordable pricing, and top-notch quality, Humpty Dumpty stands high in the industry. It offers a wide variety of products in different categories including apparel, accessories, footwear, baby care, nursery, toys & games, and travel & safety.
The apparel category comprises all kinds of clothes, including Party Wear, Casual Wear, Night Wear, and Inner Wear. In addition, the baby care category includes all kinds of solutions for kids of 0 to 6 years. It does not only offer domestic brands but also delivers the products of international brands. Also, the franchise store of Humpty Dumpty has always been filled with the latest collection of goods and services. Overall, all these qualities make Humpty Dumpty the best franchise business under 20 lakhs in India.
Key points:
- To open this franchise you will require an Area of around 250-800 sq ft.
- The Minimum Investment required for the Humpty Dumpty franchise is 11 lakhs and the maximum investment can range up to 35 lakhs.
- The area of expansion is PAN India, so you can open it in any city you want all around the country.
- The model of the franchise is FOFO (Franchise Owned Franchisee Operated )
5. One Bite ( Average investment – ₹5 Lakhs)
One Bite is one of the most popular franchises for food & beverages in India. It was started in 2017 with the idea of presenting all varieties of fast food in one place. With this concept, it serves a broad range of products to meet the demands of every customer, so that no one has to compromise on their choices. Moreover, One Bite is a quick service restaurant with a wide variety of servings including Sandwiches, Pastas, Pizzas, Burgers, Snacks, Cheese loafs, Wraps, Mocktail, Fiery Grilled, Choco Lava Cakes, and desserts. All the servings are available at pocket-friendly costs to attract more and more customers, with Burgers of Rs. 31 and Pizzas of Rs. 61.
Key points:
- One Bite works with the FOFO Franchise Model.
- The Minimum Investment required for opening this franchise business is ₹ 5 Lakhs while the maximum cost can reach up to ₹ 15 Lakhs.
- It charges a royalty of 5%.
- The required area for opening this franchise restaurant is around 100 to 400 sq ft.
- The franchise store can be opened or expanded in any region of India.
6. Chai Sutta Bar (Average investment: ₹16 lakhs)
Chai Sutta Bar is a highly popular brand for all the tea lovers all across India. It is a low-investment franchise business but delivers highly profitable returns. So if you want to open a franchise business under 20 lakhs, you can go with Chai Sutta Bar. It requires an investment of around 16 lakhs, which covers the costs of all necessary equipment and furnishings, customized to the location and shop size. Plus, the brand provides robust marketing support, with pamphlets, brochures, and other advertising materials to ensure an effective performance in the market.
Key points:
- The average Investment for a Chai Sutta Bar franchise is around 16 lakhs to 30 lakhs, depending on the size and location.
- The brand fee is ₹ 6 Lakhs + GST, which is included in the overall investment.
- It has an average return on investment of 108%.
- The payback period of the franchise is 12 to 15 months.
- The area required for opening a Chai Sutta Bar is 300 to 2,000 sq. ft.
7. CarzSpa Detailing Studio ( Average investment: ₹20 lakhs)
CarzSpa Detailing Studio is an affordable and remarkable franchise in the industry of automobile service and detailing. CarzSpa offers high-quality car care services to meet the rising demand of the automobile industry. It is an excellent venture for entrepreneurs who want to enter a high-demand and high-profit market.
Key points:
- CarzSpa franchise refers to the Automobile Service & Detailing industry.
- The average investment is ₹20 Lakhs, which can vary based on the outlet size and city.
- The average profit margin is approx 20 to 25%.
- The minimum area required for CarzSpa Detailing Studio is around 1500 sq. ft.
Final words
Overall, the franchise business is indeed a rewarding venture for all aspiring entrepreneurs. The brands that we have listed are some of the most popular franchises that offer significant benefits at lower investments. With such a wide range of options, opening a franchise business under 20 lakhs has become much easier. So make a choice now and move ahead to your journey of being a successful businessman.
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