Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities

Here are the Top Six Small Franchise Business Ideas for Beginners

Owning a small and low-cost franchise is one of the best options for the beginners who wish to take a plunge into entrepreneurship. Read on...

By Features Writer
Here are the Top Six Small Franchise Business Ideas for Beginners

In a recent study, it has been revealed that 80% of the newly established businesses fail in the first year of the operation. This figure might be quite disheartening for those who are constantly dreaming to start their own entrepreneurial venture in the near future. But before jumping onto any conclusion, the reason of failure must be examined. Lack of knowledge, poor management, insufficient capital, wrong location, and lack of planning are some of the biggest factors behind the failure of a startup. Surprisingly, all these obstacles could be overcome by owning a franchise of somebody else’s business.

Owning a small and low-cost franchise is one of the best options for the beginners who wish to take a plunge into entrepreneurship. Here we bring to you the top 6 small franchise business ideas for beginners.

Shoe Repair Business

A shoe repair business usually specializes in restoring high-quality footwear by replacing the elements of the footwear that are damaged (heels and soles), worn and has been discolored due to exposure to various elements (sunlight, dirt, excessive usage etc). A shoe repair franchise is a low-cost business idea that can help you in achieving monetary gains for sure.

Investment Required: Rs 5-7 lakhs

Expected ROI: 100%

Expected Breakeven: 12 months

Cleaning Service Provider

Both public and private spaces need cleaning at some point. With the prevalence of hectic lifestyles, people often don’t get enough time to get their houses clean, and this is where cleaning services get an upper hand. With the minimal investment, this business could be quite lucrative. And buying a franchise makes it much more lucrative.

Investment Required: Rs 2-5 lakhs

Expected ROI: 100%

Expected Breakeven: 12 months

Laundry Service

With the inception of the startup culture, the laundry business sector has become mainstream and business ideas like ‘U-Clean’ are becoming quite popular among the millennial. Just as crazy as it sounds, laundry services are among the most demanded services in India and has a lot of potential in the near future. Buy a laundry service franchise and earn crazy returns.

Investment Required: Rs 15-18 lakhs

Expected ROI: 50%

Expected Breakeven: 18-24 months

Tours and Travel Agency

If you are passionate about travelling and are smart enough to plan exotic tours with the lowest of budget, then tours and travel agency business is apt for you. Many travel agencies are operating under a franchise model and invites passionate franchisees to join them.

Investment Required: Rs 5 lakhs

Expected ROI:30%

Expected Breakeven: 10 months

Pre-Schools

Increasing population of working parents, their concerns towards children and increasing awareness has fueled the growth of daycare/pre-school businesses in India. According to recent reports, the preschool or childcare market in India is poised to grow at a CAGR of 22% by 2020. It’s a low cost business idea that has great demand in the market and ensures greater returns.

Investment Required: Rs 2-6 lakhs

Expected ROI: 100%

Expected Breakeven: 6 months

Ice Cream Parlors

Ice cream parlor business is gaining momentum in the market due to new emerging flavors that never existed a few years back. As this business model shows its immense potential, a lot of restaurateurs are experimenting with the fresh concept of ice-cream parlor. Big brands like Baskin Robbins are coming up with franchise opportunities for beginners.

Investment Required: Rs 10-20 lakhs

Expected ROI: 60-80%

Expected Breakeven:12 months

 

Comment
image
image
mobile
address
star franchise india
Related opportunities
  • Quick Service Restaurants
    About Us: We are a boardgames cafe with an ever expanding library..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Travel Agents
    About Us: Travaha is a leading B2B travel portal that is..
    Locations looking for expansion Karnataka
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Others Food Service
    About Us: Original Biryani Expereince Since 2010.   Known for its delicious and..
    Locations looking for expansion Karnataka
    Establishment year 2010
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Mobile Application Services
    About Us: MyClassCampus is a School ERP with more than 40..
    Locations looking for expansion GUJARAT
    Establishment year 2014
    Franchising Launch Date 2016
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater AHMEDABAD GUJARAT
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

pincode
ads ads ads ads