With promising opportunities and easy accessibility of resources, the city allows entrepreneurs to start their business hassle-free
Chandigarh is well-known for its architecture, cultural growth and modernization. Owing to closer locations, lesser traffic, availability of low rented office space, and various other factors, Chandigarh is emerging as the fast-growing start-up hub in India. From e-commerce to IT to media, Chandigarh’s start-up ecosystem provides solutions across sectors.
With promising opportunities and easy accessibility of resources, the city allows entrepreneurs to start their business hassle-free. Below is the list of some profitable franchise business one can start in Chandigarh to earn higher revenues.
Food Franchise has always been the most profitable franchise business. The Indian food and grocery market is the world’s sixth largest, with retail contributing 70 per cent of the sales. Most of the Punjabis are generally foodie by nature, and given the increasing population of youngsters, Food businesses in Chandigarh are booming at an unprecedented rate.
People are keen on trying different cuisines, flavours etc. Food Franchises with a unique concept or unique names tends to attract more customers in Chandigarh. Hence, starting a food franchise business in this city will help you yield higher profits.
Automobile Modification Franchise
In India, car/bike modification is done by enthusiasts and it’s more of performance upgrades than the cosmetic ones. Cosmetic ones too are there but they are lesser in comparison to performance upgrades. Chandigarh is one of the wealthiest cities in India, and you can easily spot luxury line bikes and cars on the road. People, there are very much passionate about automobiles and like to experiment with the look and feel of their vehicle. Thus, starting an Automobile modification franchise is a lucrative business opportunity.
Cafe franchises have been burgeoning in India with various domestic and international brands foraying into this industry. The chain café market is estimated to be 36% of the total organized market by 2020.
Coffee is becoming more of a fashion statement among the young crowd. They prefer to hang out or ‘chill’ at these places along with their group of friends. Therefore, establishing a cafe franchise in Chandigarh will be a profitable business move.
A brewery is one that produces freshly brewed beer. With an increasing number of upwardly mobile youngsters saying cheers to beer, the concept of breweries is rapidly gaining popularity in Chandigarh. The freshly brewed beer has become their de-facto choice. Brewery business is flourishing in the city because of rapid development and relatively high consumption rate in comparison to other cities. The number of breweries in India has grown from two in 2008 to 80 last year. The tricity (Chandigarh, Mohali and Panchkula) accounts for 20% of this growth.
Hence, starting a brewery franchise business will “brew” great success for you.
Those who want to start their own business or take up franchisees can join in the FRO 2019, happening in Chandigarh on 19-20 January, to know more about the franchise business, financial advice, and business advice from the experts. Meet the investors personally and participate to change the small world of business. Click here to know more: https://www.franchiseindia.com/fro