The popularity of franchising business model in India can be seen by the fact that the franchised businesses have captured a market size of USD 7.2 billion.
The popularity of franchising business model in India can be seen by the fact that the franchised businesses have captured a market size of USD 7.2 billion with an annual growth rate of 30%. And when we talk about its worldwide reach, franchising creates almost $2 trillion every year around the world.
By looking at the above data, one can estimate the potential that the franchising industry possesses. If you’re a budding entrepreneur who aspires to own a franchise, here we present 50 world’s best business opportunities in franchising that could be highly rewarding.
#1 Pizza Franchise
Pizza is one of the most preferred Italian food items, which is famous the world over. Some brands such as ‘Dominos’ and ‘Slice in Italy’ are among the big players in the industry.
#2Bakery and Confectionary
Tasty cookies and pastries are in huge demand everywhere. Brands like ‘Millies Cookies’ and ‘Monginis’ offer franchises and since these are very popular, it’s a good option to look at.
#3 Medical Tourism
Medical tourism has become quite trendy because of the enhanced quality of treatment across the world. India is an emerging hub of this industry.
#4 Medical Spas
To help people fight medical illnesses, you could start a medical spa.
#5 Tea Shops/Cafés
Tea and coffee are two of the most preferred beverages in the world. Therefore a franchise in this segment could be lucrative.
#6 Yoga Centres
Yoga provides holistic healing to everyone, irrespective of the age and gender. Start a yoga centre franchise anywhere in the world.
#7 Physiotherapy Centres
Physiotherapy has proved to be one of the most useful treatments. You could start a physiotherapy franchise.
#8 Beauty Salons
Salons are very much needed in today’s time to get pampered. A salon business is quite lucrative because of the escalating demand.
#9 Pet Grooming
Pet Grooming has recently developed into one of the lucrative business opportunities around the world. You could own a pet grooming franchise anywhere.
To help people maintain their body shapes, you could start a fitness gym. It has become a very popular business idea in fitness segment.
Ayurveda is one of the most prevalent forms of treatments around the world. Starting a franchise in ayurveda could be lucrative.
#12 Pathological Labs
With increase in new diseases, pathological labs are in grave demand. Start your own pathological lab franchise.
#13 After-school Activities
After school activities are organized by various schools. Hence it becomes a lucrative business venture in education sector.
#14 Day Care Centre
Crech and Day care centre are quite popular in today’s time. Start your own day care centre.
#15 Online food ordering Services
Brands like ‘Zomato’ and ‘Swiggy’ are the perfect example of an online food ordering business. In the recent times, this business has caught fire in the business sectors.
#16 Sweet Shops
For all those with a sweet tooth, you could also start a sweet shop anywhere in the world. The brand ‘Bikanervala’ is one of the most inspiring one in this industry.
#17 Bars and Restaurants
Bars and restaurants are treated as a retreat in the fast-paced lifestyles. This could be a quite rewarding segment for franchising.
# 18 Cosmetic Accessories
Cosmetic products have become the need of the hour these days. You could start a cosmetic accessories business.
#19 Laundry Franchise
Due to fast-paced lifestyles, people prefer convenient laundry services more often. ‘UClean’ is a perfect example of a laundry franchise.
#20 Gadget repair chain
In a gadget-obsessed world, gadget repair chain could be quite a lucrative business idea.
#21 Amusement Centres
Amusement centres could be quite a lucrative business idea as they offer a retreat to the customers.
#22 Multiplex Franchises
Owning a multiplex franchise is one of the most lucrative business ideas in entertainment industry. It could generate a lot of revenue.
#23 Fitness equipment stores
The concept of fitness is trending these days. Therefore, a fitness equipment store could be quite lucrative in terms of revenue.
#24 Fashion Accessories
Fashion accessories are always in demand no matter what. Starting a fashion accessories business could be rewarding.
#25 Eyewear franchise
Eyewear has become a style-symbol for today’s generation. Start your own eyewear franchise like ‘ClearDekho’.
#26 Ethnic Wear Business
Traditional clothing has started trend in the fashion industry. Ethnic wear business could be started if you wish to enter this segment.
#27 Jewelry Business
Jewelry has always been in buzz across the fashion industry. Business ideas like ‘Bluestone’ could be an inspiration to start a jewelry business of your own.
#28 Footwear Business
Starting a footwear brand franchise could be lucrative. Brands like ‘Bata’, ‘Liberty’ are the biggies in this field.
#29 Pre-School franchise
Pre-school business has recently gained so much popularity that it has become one of the most lucrative business ideas in education sector.
#30 Fashion brand franchise
Fashion brands such as ‘H&M’ and ‘Louis Phillipe’ offer franchise to many of the budding franchisees. Start a fashion brand franchise as it’s quite a lucrative business idea.
#31 Mobile app franchise
Mobile Apps are quite prevalent in today’s educational scenario. Start you own mobile app franchise.
#32 Competitive Exam Coaching
Competitive exams coaching institute is quite lucrative in India as there are so many aspirants.
#33 Tutor-Finding App
Tutor Finding apps have a bright future ahead in the education sector. It’s one of the most lucrative business opportunities.
# 34 Pharmacy
A pharmacy that has access to almost all kinds of medicines is a lucrative business opportunity.
#35 Bicycle maintenance services
Bike/bicycle maintenance service is quite a lucrative small business idea in the automobile industry.
#36 Career Counseling
Helping students by guiding them through their career could become quite beneficiary business idea in today’s time.
Buying a degree college franchise is a lucrative business idea as it costs low to start a franchise-based college rather than opening your own college.
#38Cerification Course Coaching
Skills are very much required to enter any sector of business. Therefore, certification courses coaching could be quite lucrative.
#39 School Franchise
Buying a school franchise could be quite a beneficiary business idea because of the huge population of school-goers across the world.
#40Car Rental Services
As the number of travelers is increasing around the world, people are looking for car rentals very frequently. Start a car rental business franchise.
#41 Travel Agency
Travel agencies are increasingly in demand because of the increasing number of travelers. ‘MakeMyTrip’ is one of the biggest players in the market.
#42 Real Estate
A real estate business is quite a lucrative business opportunity for those who are interesting in buying/selling of properties.
#43 Cab Services
Cab service business such as ‘Ola’ and ‘Uber’ are perfect examples of this business opportunity.
#44 Snacks/Namkeen Shops
Manufacturers of different kinds of Indian and foreign snacks/namkeen are very much in trend. International brands like ‘Haldirams’ offer franchise in this segment.
#45 Construction Machinery
Material and equipment required in construction work are essential things in real estate business. Start a construction machinery business.
#46 Food Processing Equipment
Food processing has made lives of those who are in culinary business quite simple. Start a food processing equipment franchise.
#47 Farming Tools and Equipments
Farming tools and equipments are quintessential requirements of agricultural businesses. It’s a beneficiary business opportunity to start.
#48 Hospital Equipments
Hospital equipments such as beds, medical chairs and tables etc are required in the running of a hospital.
People all around are looking for either purchasing or selling bikes/bicycles all around the world. It’s a profitable small business idea.
#50 Automobile Showroom
Opening an automobile showroom is quite a profitable idea as there is always a rising demand for automobile.