Best Business Ideas under 30 Lakhs in India
Written by: Evelyn.
Franchising is the best way to enter into trade and commerce in our country. It is crucial to have a detailed business plan before starting one. It takes a lot of time, effort, and investment to start a new business. Thus through franchising, you can buy into a brand that's already doing well in the market. A major advantage of getting a business franchise is that you can choose a business that fits your level of investment. In this article, we are going to look at some of the latest franchise opportunities in India, 2023, which come within the range of 30 lakhs to 40 lakhs. If you are an entrepreneur planning to step into the business sector in the coming year, do follow this article to know more about various profitable business franchises under 30 lakhs in India.
If you are looking for a profitable franchise to invest in by 2023, that requires an investment range of 30 lakhs to 40 lakhs, you have ample options to choose from. There are so many brands that offer a franchise within this investment range. You should first choose a business area that you would like to invest in. It can be a food and beverage business, salon franchise, hotel business, hospital franchise, or education franchise. You should choose the business sector based on your interests and experience in the field. Even if you are a beginner, franchising is the best option because the parent brand will provide you with strong marketing and business support. Let us take a look at some of the best business opportunities under 30 lakhs to 40 lakhs or below 30 lakhs in various business sectors.
KK Thali by Hotel KK
There was a decline in hotel businesses after the pandemic period. But within the past months, hotels and food businesses have risen back to the top. Thali is an Indian meal that is a traditional and balanced diet. Post covid, people have become more health conscious and prefer nutrient-rich food. Thus thali is currently in trend. It is one of the best food businesses you can invest in if you have around 30 lakhs rupees. KK Thali was introduced by the famous KK Hotel in 2001 in Rajkot, Gujrat. All you need is an investment of 20 lakhs to 30 lakhs along with a franchise fee of 2 to 5 lakhs rupees. The expected ROI is 75% and the space size required to open a KK Thali outlet ranges between, 750 to 1000 sq. ft
Chai Sutta Bar
The beverage industry is one business sector that makes huge profits in India. Tea and coffee are inevitable for Indian people. If you can invest in a tea chain franchise with low investment, you can easily grab success and high returns. Chai Sutta Bar franchise is one such opportunity for you. Anubhav Dubey and Anand Nayak founded this brand in 2016. The first shop was set up in Indore, Madhya Pradesh. To get a Chai Sutta Bar franchise you should have around 16 lakhs to 18 lakhs rupees. The brand also charges a franchise fee of 6 lakhs to 8 lakhs. There are many Chai Sutta Bar outlets that are running successfully in cities like Delhi, Lucknow, Mumbai, Nagpur, Patna, Ludhiana, etc.
Even though pizza is not part of Indian cuisine, you cannot find a person who isn't a pizza lover in our country. While domino's pizza still tops the market, Chicago pizza has gained wide popularity among people with its quality and taste. The brand also allows customers to customize their pizza. A pizza outlet in India has a high chance of success. A Chicago Pizza franchise offers entrepreneurs a suitable business model with minimum investment. To get a domino's franchise you need to have a huge amount of money but you can become a franchisee of Chicago Pizza with an investment of 10 lakhs to 15 lakhs. The brand charges a franchise fee of 2 lakhs to 5 lakhs rupees. It also has a great customer base and a good name in the market. The expected ROI is 30%. If you are looking for a budget table pizza franchise, Chicago Pizza is a suitable option for you.
Laundry and dry cleaning franchises are a constant success in the Indian markets. Trapped in the hassle of work and life, people often depend on laundry and other cleaning services in India. This being one of the most basic requirements in life, a laundry franchise has a high chance of success. TumbleDry is one of the most popular laundry franchises in the country that makes a considerable profit. A TumbleDry franchise needs an investment of around 25 lakhs rupees. The expected ROI is 80%. Apart from this, it is also a recession-proof or pandemic-proof business and can be set up using minimum investment.
Courier and delivery franchise businesses make a huge profit in India. Delivery services are a basic necessity to humankind and thus inevitable. It is sure to remain in the market irrespective of time. Delhivery is one of the top best delivery service franchises in India. The brand is based in Delhi and is best known for fast and accurate delivery at a budget table price. There are two different franchise business models offered by Delhivery: The cosmos model requires an investment between 50'000 and 2 lakhs. The constellation model requires an investment cost ranging between 2 lakhs and 5 lakhs. The expected ROI is 15%
A supermarket franchise is undoubtedly going to be successful if planned and executed well. Groceries and other items are inevitable in a household and people will always choose a spot where they can get all they want in one single go. Grocery 4U is a well-established convenience store chain with multiple outlets in India. They currently have around 50 to 100 outlets that make a good profit. The investment cost required is between 20 lakhs to 30 lakhs rupees along with a franchise fee of 5 lakhs. This would be a suitable franchise option for entrepreneurs who are looking forward to investing in a business franchise with greater returns and lesser initial investment.
This is one of India's top brands in the cold drinks business franchise sector. Drunken Monkey was established in 2016 and has more than a hundred successful outlets in various cities in India. They serve an exclusive range of smoothies and milkshakes with a focus on the health factor. This is one of the best franchise opportunities within 30 lakhs. The investment cost to open a Drunken Monkey franchise outlet ranges between 10 lakhs to 20 lakhs rupees along with a franchise fee of 5 lakhs. If set up in a commercial area with high footfall you can easily grab huge profits as well as enjoy the business and marketing assistance provided by the company.
This is the most successful brand in India that sells gift items, greeting cards, and the like. Anil Moolchandani introduced this brand in 1979 in New Delhi. Currently, Archies has around 300 franchise outlets and more than 250 exclusive showrooms. The brand earns total revenue of 77.88 crores. Any entrepreneur who is looking forward to investing in a business under 30 lakhs or 40 lakhs can go for an Archies franchise in India. The total investment required ranges between 12 lakhs and 20 lakhs. The infrastructural investment is between 15 lakhs and 18 lakhs. The expected ROI is 70%
We have discussed the cost, brand fee, and profitability of some of the best latest franchise opportunities in India, 2023. The above-mentioned are a few of India's best franchise businesses under 30 lakhs. Entrepreneurs looking for a low-budget franchise business with high chances of success can invest in these brands for less than 30 or 20 lakhs rupees. If you are interested to know more about the numerous franchise opportunities under 30 to 40 lakhs contact FranchiseBazar. The highly qualified business professionals at FranchiseBazar can provide you with multiple franchise business options that suit your investment ability. To gather further information, connect with us at @+91 9844443200 to book a free initial consultation session. Make sure you seek professional advice before stepping into the field of business and franchising.
Written By: Yukta Palekar
Healthcare concerns are a...
Written By: Resham Daswani
Written By: Yukta Palekar
Written By: Resham Daswani