10 Profitable Beauty and Wellness Business Ideas in India

on Feb 23, 2023 | 21149 views

By Shifa Qaiyum

Is launching a beauty and wellness franchise in India profitable? The answer to this question is yes. Every individual, regardless of their gender, is concerned about their physical appearance and is ready to spend on themselves to do so. The beauty franchise has shown immense growth since its existence. The industry is growing at a rate of 20% per annum and the market is continuously increasing.

Discover the Top Seven Profitable Beauty and Wellness Franchise Ideas in India 

There has been a significant increase in beauty franchises due to the high demand for beauty services. The seven different types of beauty and wellness franchises that you should invest in if you are an aspiring beauty entrepreneur are

1. Beauty Salons- These are the most demanded services in the beauty industry. A woman’s go-to option is a beauty salon to get a haircut or makeup and other skincare routines.

As salons have become a priority today, many beauty entrepreneurs can launch a salon franchise. A brand’s name is what a woman is attracted to because they know that they can trust this company which is the biggest advantage of owning a franchise.

A beauty salon of an established brand can be started with an investment of INR 20-30 lakhs with a profit return of 60-70%

2. Spas- They provide peace and soothing relief to an individual who has spent 9 hours doing the work. The tranquillity that the spa centres offer is the current need. Spas have expanded to tier II and tier III cities also due to franchising.

An investment of INR 10-20 lakhs is required with an ROI of 20-30%.

3. Nail extension- Many women are becoming fascinated with the latest trend in unique and quirky nail art and are going to nail extension stores to get their nails done. The notion of nail extensions is transforming the nail industry and is becoming one of the most prominent franchise business ideas in the beauty industry.

An investment of INR 10-25 lakhs is required to own a nail extension franchise with an ROI of 60%.

4. Lash extension- Most people are opting for a lash extension rather than using fake lashes with long lashes being in fashion. The lash industry has become a billion-dollar industry which is a lot after being non-existent in the beauty industry.

An investment of INR 20-25 lakhs is required to own a lash extension.

5. Cosmetic Products- Everyone has their makeup routine and they don’t go to a salon every time to get their make-up and skincare routine. Women also have an innate talent for make-up and many of them prefer doing it themselves. With online stores like Nykaa, it has become convenient and more affordable to buy skincare and make-up products hence the cosmetic franchises have seen remarkable growth.

To own a cosmetic product franchise you need an investment of INR 20-50 lakhs with a return on investment of 60%.

6. Yoga franchise- India has always been the best place to study yoga and these businesses are having a blast in recent days. The global urge for a beautiful body and healthy lifestyle has made yoga a profitable business.

To own a yoga franchise, an investment of INR 25-30 lakhs is required and the ROI is 25%.

7. Gym franchise- Maintaining body and sports have been an important factor for youngsters these days. Even older people want to maintain a healthy lifestyle and stay fit. Since people are looking for places to keep their bodies toned, gym franchises are blooming.

The investment required to start a gym franchise varies from INR 50 lakhs to 2 crores and the ROI is 40%.

See more: Top 10 beauty franchises in India.

 

Here are the Top Reasons Why Investing in the Beauty and Wellness franchise business is a Smart move

The seven advantages of investing in the Beauty and Wellness franchise business are

  • Brand recognition- The franchisor is giving the brand to the buyer which helps in the easy acknowledgment of your business. This also brings loyal customers of the company who trust the brand enough to go there for their services.
  • Investing in a proven brand- The sector has a great demand among consumers due to which there is a lot of competition is present in the market. When investing in a franchise, people are investing in a well-proven company with a systematic framework that helps them in succeeding.
  • Continuing support- One of the most essential factors of a franchise is that they provide continuous support to the franchise. They help in the proper functioning of the company with training and support throughout the running of the business.
  • Be your Own boss- You can set flexible work hours to run your business and how long you work. You get full support from the franchisor and you also get to be your boss by showing your creativity in running the business.
  • Training opportunity- When you invest in a franchise, you must make sure that you provide the same level of service and expertise to the customers as provided in all the chains. The franchisor will provide the required training and workshops for the staff.
  • Early profits- When you spend in a franchise, you are spending on an established brand with a customer base. This will help you to get a steady stream of customers which in return will help you to get high profits early.
  • Trusted name- Another important benefit of buying a franchise is that you have the trust of your customers from the beginning. The beauty and wellness industry is largely based on trust and with a reputable brand, you will be able to retain old customers and get new ones easily.

 

Want to invest in the beauty and wellness franchise business? Here are the top franchises to invest in

  • The Body Care Clinic- The clinic is one of India’s oldest wellness centres. They help their clients regarding wellness concerns like inch loss, weight loss, and body contouring procedures to anti-aging skincare solutions like fillers and laser rejuvenation. They hire only professionals who are experts in skincare and weight loss and who provide full support to the customers throughout their journey.

Initial investment: INR 15-20 lakhs

Area required: 1,000 to 2,000 sq. ft.

  • Jawed Habib Hair and Beauty- Jawed Habib tried to bring fashion in the world of hairstylists. Jawed Habib has over 180 salons and 40 academies across India.

Initial investment: INR 20-30 lakhs

Area required: 250 to 300 sq. ft.

  • Moh Spa- Their services include spa therapies to their customers along with body wrapping, facials and traditional grooming services. They use traditional methods using extracts of plants, aromas and essential nutrients for their facial services which is highly effective. Untreated herbal extracts and aromatic oils are used for soothing traditional thai treatments.

Investment required: INR 30-40 lakhs

Area required: 1,500 to 2,000 sq. ft.

  • Shahnaz Husain- The company is leading in India in the field of anti-ageing treatments and natural beauty. They use ayurvedic care for their products and have also expanded as beauty training centres, from growing of its herbs and producing their cosmetic lines.

Initial investment: INR 15-20 lakhs

Area required: 200-250 sq. ft.

  • Spa Villas- It is a rising brand with well-recognised spa and massage services. They offer calm and peaceful services to the customers which have helped it in gaining many clients.

       Initial investment: INR 5-10 lakhs

       Area required: 750 to 1,000 sq. ft.

  • Gold’s gym- Gold’s gym is one of India’s leading fitness franchises with 150 gyms across India. They also provide personal trainers to those who require them. They hire professionals and are equipped with top facilities.

Initial investment: INR 1-2 crores

Area required: 3,000 to 5,000 sq. ft.

  • Yogasutra- The brand owns a yoga and wellness spa. They were opened to provide a haven for individuals to rejuvenate and relax.

Initial investment: INR 30-50 lakhs

Area required: 2,500-4,000 sq. ft.

 

What are the Top Cosmetic Franchise Brands in India?

The 8 top cosmetic franchise brands in India are

Brand

Investment (in INR)

Himalayas Ayurveda

7-25 lakhs

Lakme

50-60 lakhs

MyGlamm

30-40 lakhs

Revlon

20-30 lakhs

Beauty Planet India

25-30 lakhs

Clinic Dermatech

1-2 crores

Reddy Remedies

15-20 lakhs

York Perfumes (India) Pvt Ltd

10-15 lakhs

 

Can you name the top spa franchise opportunities in India?

The top spa beauty franchises in India are

Spa name

Investment (in INR)

Sunway Wellness

20-25 lakhs

Black Velvet spa

30-50 lakhs

Leisure Spa

30-40 lakhs

SukhoThai India Pvt Ltd

20-30 lakhs

Lavana Spa

50-60 lakhs

Texture Touch Style Lounge

20-30 lakhs

Moh Spa

25-35 lakhs

 

See more: How franchise model is fueling growth in spa culture of India?

 

Frequently Asked Questions

What is the cost of starting a beauty parlour franchise in India?

Ans. To start a beauty parlour franchise in India you need to invest around INR 15 to 20 lakhs. You also need to lease or rent a space to build the parlour. Training and workshops are also provided to the staff to maintain the uniformity of all the chains of the company. There are other utility bills also that need to be paid by you.

Some beauty franchises like Lakme and Loreal require an initial investment of INR 50 lakhs to 1 crore along with other recurring costs.

Is a beauty parlour franchise profitable in India?

Ans. Yes, launching a beauty parlour franchise is profitable because of the increase in its demand. Individuals want to look good and are ready to spend money on themselves by taking the skincare, hair and other services provided by these parlours.

Opening a franchise means that the established brand already has a loyal customer base and is reputable in the market. This means that you will have minimum financial risks and start earning profits quickly. It has experienced a 60% growth in the last five years.

Conclusion

The beauty and wellness franchise business has a lot of potential in the market. The industry is showing exceptional growth in recent years because people are ready to spend money on their physical appearance.

The brand name also helps the franchise and helps them gain customers quickly without a lot of expenditure on marketing.

In the end, one could say that investing in a beauty franchise business is a very good idea because it is a lucrative industry in the long run and is showing exceptional growth in customer demand.

This concludes the article and we hope that you enjoyed reading about the beauty and wellness franchise business ideas. Please share your thoughts in the comments below. Thank you for reading.

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