If you're looking to start a business, here we present you top 6 retail opportunities you can invest in.
In India, the retail market has undergone a major transformation and has witnessed tremendous growth in the last 10 years. The Overall Retail market is set to cross the $1.75 tn mark by 2026 from $795 bn in 2017. The e-commerce market in India is also set to grow at a CAGR of 30% for gross merchandise value to be worth $200 bn by 2026.
Seeing this huge potential of the industry, it is viable to invest in the retail market. Here are the top 6 retail opportunities you can invest in:
Aarkali, women’s fashion retail brand, was established in 2018. Aarkali mainly focuses on the ladies fashion which includes ethnic kurtas, salwars, sarees, regular office wears and bottom wears. The brand is synonymous with style, elegance and simplicity. Through the use of carefully selected fabrics, the brand creates simple yet distinctive pieces with just the right of detail.
Business Model – FOFO & FOCO (Chennai Only)
Successful brand in Chennai
Distinctive garments in affordable prices
High returns on investments
Area: 500-700 sq ft
Investment: 18-23 lakh
Franchise Period: 3 years
Flaunt Basket is one of the leading silver jewellery brand catering designs from across the globe. With the concept of affordable bling in the ever-changing and ever-evolving environment, Flaunt Basket is set to have a perfect blend of the product price and promotions including the line of celebs, influencers, events and fashion shows as part of its work domain. Silver jewellery is now turning up as a great gifting option along with self-wear, hence favouring as a trend to climb the success ladder.
Business Model – FOFO and FOCO
Better price analytics and sourcing
Design in the ratio of 60:40
No inventory risk
Virtual stylist & omnichannel sales
Successful model with the financial proof of working
Opportunity to tweak and correct at regular intervals
Area: 300-600 sq ft
Investment: 25-45 lakh
The brand’s journey actually started 15 years back in London. The company started and established in 2017 with the motive of enhancing modern trade (Retail) to the next level from a customer point of view as well as employees of the company.
Business Model – FOFO & FOCO
Already in total more than 50 million footstep in-store within 3 years of span
2 own stores and 2 franchisees and still going
Will cross turnover of Rs 100 crore by the end of 2021
22 years of experience in retail, FMCG, trading, wholesaling nationally and internationally
Highly trained staff from the retail industry
Name is already a brand with 4 successful branches
More than 20000 products under 1 roof with fair prices
Area: 2000-10000 sq ft
Investment: Rs 50 lakh-2.6 crore
Franchise Period: 5 years
Works on the cutting edge of stainless steel innovation and work tirelessly in delighting its clients and their families. With unmatched craftsmanship, environmentally friendly materials of unsurpassed quality, trend-setting design and technical expertise, go into each of its lifestyle products. Have hallmark of quality with products being made in Bangalore. All production workflows ensure the lowest waste and minimise energy consumption.
Business Model – FOFO
Specialist in galvanised steel and stainless steel in 201, 304 and 316
Handmade customised solutions
Experience over 17 years
Area: 500-800 sq ft
Investment: Rs 12-15 lakh
Payback: 32 years
The company is in this business from 1989, with the objective of providing an opportunity for the young generation to become an entrepreneur. The brand is continuously working and upgrading itself and its business from traditional ‘Weekly Bazaar’ in rural areas to ‘Sitting Type Show Business’ to ‘Counter Type Shoe Business’ to ‘Self-Service Stores’ and now to ‘online Stores’ also. It is now serving around 25K+ families per month by its quality
31 years of experience
200+ brands and over 12000+ items available round-the-clock
Established name with 2 successful branches
Excellent training team for business operation and development
Its business is in the essential category so it always achieves goals and growth even at the pandemic situation
Its app and website will also help its franchisee
Investment: Under 8 lakh
2 franchise models available: 300+ sq ft model and 2000+ sq ft model
Payback Period: under 1.5 years
Low franchise fee
Home City is India’s leading manufacturer and lifestyle retailer of quality home furniture, décor, modular kitchens and office interior solutions. Home City is an integrated project management company, offering cutting-edge design, build solutions for interiors executed to finesse for custom-made residential and commercial spaces.
At Home City, consumers will experience its vast range of lifestyle products, designed by expert in-house teams and manufactured under stringent quality standards. Nothing is more important to them than the happy experience and delight of its customers.
Business Model – FOFO
6 running centres successfully
For the past many years, the company’s products have been found in the best of homes, hotels and shops
Area: 3000-10000 sq ft
Investment: Rs 10-25 lakh