Best Businesses and Franchise Opportunities in Bangalore

on Dec 03, 2022 | 6069 views

Best Businesses and Franchise Opportunities in Bangalore

Written by: Fadheela Aslam 

 

Bangalore, the capital city of the state of Karnataka, is also the largest and most populated city, with 8 million people and 11 million located within the metropolitan areas. The city enjoys an abundance of opportunities when it comes to its economic growth and patronage from a diverse pool of consumers.

 

In this article, we will further delve into various franchises and get into the specifics of what type of brands and business models the city and its audience base attract and favors.

 

Why Bangalore?

Bangalore is India’s epicenter when it comes to tech start-ups, so much so that it’s often referred to as India’s “Silicon Valley and IT Capital”. But IT is not the only industry the city attracts, it plays host to various other businesses and startups, and over the years has emerged as the go-to city to discover up-and-coming brands that are on the cusp of hitting it big. Business owners and investors alike flock to this city as it serves as a point of reference for upcoming trends.

 

Some of these include,

 

Tea Time Group Pvt. Ltd

Starting strong, Tea Time Group Pvt. Ltd is India’s leading tea and coffee franchise with over 1200 outlets. Tea and coffee are considered staples when it comes to beverages, they are almost everyone’s go-to option when they’re craving a hot drink. Tea Time with its extensive array of products to choose from and its affordable investment options makes it everyone's first choice when it comes to starting a franchise. 

 

Founded: 2016

Franchising Since: 2017

Investment: Rs. 2 lakhs -5 lakhs

Space Required: Less than 250 Sq. Ft

Franchise Fee: Rs. 1–50000

Royalty Fee: 3%

Industry: Tea and Coffee Franchise

 

Michael’s Ice cream Burger

Conceptualized in New York, it markets the classic ice cream sandwich in a new and exciting way. Its headquarters is located in Bangalore, where it launched its first store. With its hot and crunchy exterior and with a cold, refreshing dollop of ice cream in the middle, dubbed by the company as “CRUNCHILICIOUS!!!”.

 

Founded: 2017

Franchising Since: 2019

Investment: Rs. 5 lakhs-10 lakhs

Space Required: 250–500 Sq. Ft

Franchise Fee: Rs. 1 Lakh – 2 Lakh

Royalty Fee: No fee for the first 6 months, after which it is, 5%

Industry: Ice Cream Franchise

 

 

Meesho

Founded by two IIT alumni Vidit Aatrey and Sanjeev Barnwal, the brand came to be when the two set out to found a company called Fashnear. As their first company didn’t quite succeed it helped them gain insight into an area that was largely underutilized. They soon shifted their focus to helping small business boutiques launch their internet stores, and they named their new company Meesho. The name was coined from the phrase “Meri E-Shop” which translates to “My online shop” with the idea of making a shop accessible to everyone in the country.

 

Founded: 2015

Investment: None

Industry: E-Commerce Franchise

 

Cream & Fudge

Created under the GFA brand label, Cream & Fudge appeals to a large audience base with exceptional customer service and its focus on giving its customers a brand-specific experience. With its extensive list of menu items and with the added option of customers being able to customize their orders it’s seen lasting success over the years of its launch and continued expansion.

 

Founded: 2005

Franchising Since: 2005

Investment: Rs. 10 Lakhs - 15 Lakhs

Space Required: Less than 250 Sq.ft

Franchise Fee: Rs. 2 Lakhs-5 Lakhs

Royalty Fee: 8%

Franchise Fee: Rs. 2 lakhs -5 lakhs

Industry: Ice Cream Franchise

 

Ferns N Petals Pvt. Ltd

As the name suggests, a flower retailing business and one the first of its kind in the industry, Ferns N’ Petals successfully has carved out a niche for itself and is India’s most popular flower retailing business. Founded in 1994, it employs a FOFO (Franchisee Owned Franchisee Operated) model with over 200 outlets, and 400 strategic alliances for national deliveries. 

  

Founded: 1994

Franchising Since: 2000

Investment: Rs. 5 Lakhs-10 Lakhs

Space Required:250 - 500 Sq.ft

Franchise Fee: Rs. 2 Lakhs - 5 Lakhs

Royalty Fee: 10% (per month)

Industry: Flower Retail Franchise

 

Nandini

Brand name Nandini is hosted under the Karnataka Milk Federation (FDR) and produces milk, curds, ghee, butter, and a multitude of other dairy products. Based in Bangalore, it is one of India’s leading dairy franchises and is the second-largest milk franchise after Amul. Founded in 1974, it quickly grew to have milk-producing co-operatives in almost every district in the state of Karnataka.

 

Founded: 1974

Franchising Since: 1980

Investment: Above Rs.10 Crore

Space Required: 150 - 250 Sq. ft.

Franchise Fee: NA

Royalty Fee: 5%

Industry: Dairy Franchise

 

UpGrad

Established by Ronnie Screwvala and three others, Mayank Kumar, Ravijot Chugh, and Phalgun Kompalli in 2015, the brand offers online courses for graduates and undergraduates. Offering industry-related programs and courses its main selling point was providing a way for people to learn anywhere and anytime at their convenience.

 

Founded: 2015

Franchising Since: 2018

Investment: Rs. 1 Lakh - 2 Lakh

Space Required: 500 - 750 Sq.ft

Franchise Fee: Rs. 50000 - 1 Lakh

Royalty Fee: 30 - 40%

Industry: Education Franchise

Kouzina Cloud Kitchen

Heralded as the next generation in the cloud kitchen business, it hosts an expansive list of restaurants under its name including Kaati Zone. The brand's success is owed to its stringent adherence to using only the highest quality ingredients and following strict health and safety regulations. 

 

Founded: 2013

Franchising Since: 2020

Investment: Rs. 10 Lakhs – 15 Lakhs

Space Required: 500–750 Sq. Ft

Franchise Fee: Rs. 5 Lakhs-10 Lakhs

Royalty Fee: 10%

Industry: Cloud Kitchen Franchise

 

Mongini’s

A bakery and confectionary brand that pioneers cakes and bakery culture in India. Founded in Mumbai, it has since expanded its reach across the nation with over 750 exclusive outlets and over 1000 distributors. The brand’s continual motto of preparing desserts with high-quality ingredients attracts an extensive audience base. Its adherence to exceptional customer service and high levels of customer satisfaction.

 

Founded: 1956

Franchising Since: 1971

Investment: Rs. 5 Lakhs – Rs. 10 Lakhs

Space Required: 250 sq feet

Franchise Fee: Rs. 3,00,000

Royalty Fee: 20%

Industry: Cakes and Confectionary Franchise

Thanco Fresh Fruit Ice Cream

Founded by Mr.Raghavendra K Thane in 2006, Thanco prides itself on producing organic, all-natural ice cream with the freshest fruit. The brand markets itself as a healthier alternative to traditional ice cream by using fresh milk, sugar, and natural seasonal fruits. Based in Bangalore, the brand quickly gained a loyal following for its health-conscious approach through this classic dessert.

 

Founded: 2006

Franchising Since: 2009

Investment: Rs. 10 Lakhs - 15 Lakhs

Space Required: 750 - 1000 Sq.ft

Franchise Fee: NA

Royalty Fee: None

Industry: Ice Cream Franchise

What is the Final Verdict?

With the city playing host to several industries, it’s hard not to think of investing in a few of them. And if so, we at FranchiseBazar are here to help you along the entire process, So, what are you waiting for? Sign up on our website!

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