Franchise business is considered as a very profitable business opportunity. There are plentiful of franchises options for all the entrepreneurs willing to launch a franchise business. From employment to health and beauty, from automobile to distributorship franchise opportunities, there are some exceptionally profitable and thriving franchise options you can consider.
So what are the best franchise business opportunities? If you are determined to get into franchise business opportunities in Indore, here we have listed the top 5 franchise options that are shining bright in the market these days:
Distribution Franchise Opportunities
For entrepreneurs, the distribution franchise opportunities are quite profitable in terms of investment, size, and growth and set up fees. Some of the best franchise options in the distribution industry are courier franchises, food distribution and many more. The distribution franchise opportunities are better for entrepreneurs for many reasons. These franchises can start their operations at fewer costs. There is no burden of manufacturing so they have to completely focus on distribution and customer service and best delivery options.
The distribution franchise opportunities are best as they do not have to source raw materials and manufacture the products. Also, a good brand name comes with the franchise which also reduces the cost of marketing and promotions.
Educational franchises have witnessed a huge increase in the past few years. From pre-school to professional educational franchises, there are different types of educational franchises all over India. In fact, it is one of the emerging Business opportunities in Indore as well as many other cities of India. Entrepreneurs can start daycare, pre-school, private tuitions, e-book clubs, training schools, educational tours etc for kids and establish a profitable education franchise. This industry is estimated to surpass the amount of 47million people by 2020 becoming one of the best business franchise options. Companies like Jetking, hummingbird etc are some of the renowned educational franchises to consider.
Fast Food Franchises
McDonald’s, subway, pizza hut, burger king etc are the prominent players in the market of fast food franchises in India. If you are passionate about fast food and are determined to establish a franchise, the fast food franchise option is quite considerable. It is one of the best Business opportunities in Indore, Bangalore, Mumbai and such highly growing cities of India. The fast-food franchises already come with a great brand name, serve millions of people every year and are mostly famous worldwide. Even India based fast food franchises are inflating at a higher speed and thus, for the individuals willing to start a franchise should consider this rewarding business opportunity.
Beauty and Salon Franchises
The salon and beauty franchise opportunities are enlarging throughout India. Lakme, Nykaa, VLCC, Jawed Habib, Spalon etc are the best franchises all around India. These are the best franchise options for entrepreneurs who are passionate about beauty and grooming. These large companies have their training centres and franchises spread in different Indian cities and entrepreneurs can grab this opportunity while investing a sum of 10,00,000 to 50,00,000. Beauty and salon franchise is one of the best Business opportunities in Indore entrepreneurs can consider.
Fashion and Apparel Franchises
This is one of the best franchise options for entrepreneurs that come with a widespread market, comparatively low investment, great brand names and much more. Entrepreneurs having great passion towards fashion and apparels can take this opportunity and unite with brands like Pantaloons, Siyaram, Lee etc and expand your franchise business.