10 Low-Cost Franchises In India That Will Help You Make A Profit Within The First Year

By | January 22, 2024

Are you looking to invest in a small business but don’t have much money to spend? Don’t worry – there are plenty of low-cost franchises across India that you can purchase for less than 10 lakhs and yet still make a profit within the first year. In this article, we’ll explore 10 of the best low-cost franchises available in India and what it takes to make them successful.


Introduction

Setting up a franchise in India can be a great way to get your business up and running quickly and with minimal start-up costs. There are many low-cost franchises available in India that can help you to make a profit within the first year.

In this article, we will take a look at some of the best low-cost franchises in India that you can consider for your business. We will also provide some tips on how to choose the right franchise for your needs and how to get started with setting up your franchise.

So, if you are looking for a low-cost franchise option in India, then read on to find out more.

What Is Franchising?

  1. Franchising is a type of business relationship where one company, the franchisor, provides another company or individual, the franchisee, with the use of its trademark, trade name, and know-how in order to produce and/or sell a product or service under the franchisor’s banner. In return for these privileges, the franchisee usually pays an initial fee and ongoing royalties.
  2. Franchising offers many advantages to both franchisors and franchisees. For franchisors, it is a way to expand their business rapidly and without incurring much debt. For franchisees, it is a way to start their own business with the support of an established brand name.
  3. Some of the disadvantages of franchising include that it can be expensive for franchisees (due to initial fees and ongoing royalties), and there can be disputes between franchisors and franchisees over things like control of the business and quality standards.
  4. Franchising is not right for every business; it depends on factors like the nature of the business, the target market, and the financial resources of both the franchisor and franchisee.

Benefits of Low-Cost Franchises vs Establishing Your Own Business

There are several benefits of low-cost franchises over establishing your own business. For one, with a franchise, you have an established brand name and reputation to work with. This can help attract customers and get them in the door more easily than if you were starting from scratch. Additionally, franchises typically have proven business models and systems in place that you can follow. This can save you a lot of time and effort in trying to figure out how to run things on your own. Finally, since they are already up and running, low-cost franchises usually require less startup capital than starting your own business from scratch would.

10 Low-Cost Franchises In India Under 10 lakhs (Name of Franchise, Description, Cost, Advantages, etc)

There are multiple factors to consider before investing in a franchise. Some of the primary considerations include the investment amount, return on investment (ROI), and scalability. It is important to find a low-cost franchise that ticks all these boxes, and luckily, there are plenty of options available in India.

Below are some of the best low-cost franchises in India that you can start within 10 lakhs:

  1. Baskin-Robbins Ice Cream Franchise: Baskin-Robbins is a popular ice cream franchise that offers a wide range of flavors. The franchise cost is around 5-6 lakhs. Advantages include a well-established brand, training and support.
  2. Subway Sandwich Franchise: Subway is a sandwich franchise that offers a variety of subs, salads, and sides. The franchise cost is around 8-10 lakhs. Advantages include a well-established brand, training and support, and a low-cost menu.
  3. The Chocolate Room Franchise: The Chocolate Room is a popular chocolate franchise that offers a wide range of chocolate-based desserts and drinks. The franchise cost is around 5-6 lakhs. Advantages include a well-established brand, training and support, and a unique product offering.
  4. Amul Ice Cream Parlour Franchise: Amul is India’s largest ice cream brand, and it offers a variety of ice cream flavors. The franchise cost is around 5-6 lakhs. Advantages include a well-established brand, training and support, and a low-cost menu.
  5. KFC Franchise: KFC is a popular fast-food franchise that offers a variety of chicken-based meals. The franchise cost is around 10-12 lakhs. Advantages include a well-established brand, training and support, and a low-cost menu.
  6. Cafe Coffee Day Franchise: Café Coffee Day is a popular coffee franchise that offers a wide range of coffee-based drinks and snacks. The franchise cost is around 10-15 lakhs. Advantages include a well-established brand, training and support, and a unique product offering.
  7. Biryani Blues Franchise: Biryani Blues is a popular biryani franchise that offers a variety of biryani dishes. The franchise cost is around 7-8 lakhs. Advantages include a well-established brand, training and support, and a unique product offering.
  8. Chai Point Franchise: Chai Point is a popular tea franchise that offers a wide range of tea-based drinks and snacks. The franchise cost is around 5-6 lakhs. Advantages include a well-established brand, training and support, and a unique product offering.
  9. Wow Momo Franchise: Wow Momo is a popular momo franchise that offers a variety of momo dishes. The franchise cost is around 8-10 lakhs. Advantages include a well-established brand, training and support, and a unique product offering.
  10. Naturals Ice Cream Franchise: Naturals Ice Cream is a popular ice cream franchise that offers a wide range of ice cream flavors. The franchise cost is around 5-6 lakhs. Advantages include a well-established brand, training and support, and a unique product offering.

Conclusion

In India, there are many low-cost franchise opportunities available that can help you make a profit within the first year. If you are looking for a franchise business to start, be sure to research various options and compare costs before making your final decision. With a little bit of planning and commitment, you can be on your way to owning a successful franchise business in India.

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