Written By: Resham Daswani

Everyone knows how the franchise industry grew stronger during the pandemic. Successfully passing through all the highs and lows, this franchise business model has taken every business successfully to the next level.  Is it going to be easy and hassle-free to start your franchise today?  Our blog is going to give you insights into some of the best franchise under 30 lakhs to start with, followed by market drivers and factors enhancing the growth of the promising franchising industry in India.

Top 10 Franchise Under 30 Lakhs in India 

The small and medium-sized enterprises (SMEs) that power India's economy account for 33% of the manufacturing sector and 67% of the service and retail sectors. 

Not only did the franchise industry weather the economic downturn, but it actually grew steadily throughout that time. Opportunities for moderate investment in business contribute significantly to it. 

Attracting investors and first-time business purchasers is aided by this. Franchises, from the perspective of potential investors, appeal to those seeking a tried-and-true method of rolling their dice. Their ideal business setup would be a "plug and play" system. 

They put their money into companies run by well-known brands because of the prestige that comes with it. 

Here are some of the best franchises under 30 lakh to consider in India.

1. Gianis Franchise:

The Gianis brand of ice cream is India's oldest homegrown ice cream brand. Among the best ice cream brands in India, Giani's has been around since 1956. Giani Gurcharan Singh opened Giani's in Delhi, and since then, the restaurant has been famous for its authentic tastes, extensive menu, and varied presentation. 

Among people of all ages, the faluda from Giani's original storefront in Fatehpuri (Chandni Chowk) remains the most beloved dessert. With more than 150 locations across India and the UAE, Giani's has a solid grip on the dessert market.

There are three types of franchises available for this brand: kiosks, small shops, and large shops. The kiosks need less than 150 square feet of space, the small shops need more than 150 square feet of space, and the large shops need more than 250 square feet of space. 

By the format, the investment ranges from five to twenty-five lakh rupees.

2. Wurfel Kuche Franchise:

Würfel is a youthful, dynamic band that wants to change modular kitchens and home décor. The company is pioneering glass and stone kitchens.

As a doer, Würfel prioritises customers. The brand delivers the finest every time and wants customers to enjoy its revolutionary items. The company's environment is sensible, evolving, active, eco-friendly, positive, energetic, ethical, truthful, and responsible.

Its modular design and chosen European materials are symbolised by its emblem. The term Würfel comes from its cube-shaped modules. 

3. Beijing Bites Franchise:

Famous for its mouth-watering Pan Asian flavours, Beijing Bites has been serving exquisite Chinese delights for over 20 years. They are Bengaluru's largest Chinese restaurant chain, with over 30 sites in every major neighbourhood.

Beijing Bites aspires to be a well-known and esteemed brand that provides a one-of-a-kind eating experience that combines traditional Chinese flavours with contemporary influences.

Moreover, our mission is to honour China's long and storied culinary heritage by providing our esteemed patrons with a memorable and authentic Chinese dining experience through first-rate cuisine, service, and ambience.

4. Me N Moms Franchise:

One-stop shop Me & Moms sells baby items online in India. It makes internet buying easy and exciting. Online shoppers for newborn baby items have several options. 

A wide variety of toys, maternity clothes for expectant mothers, baby shoes, diapers, bathing necessities, oral and skin care products, nursing and feeding necessities, travel accessories to keep your little one safe on commuting, sleep as well as nursery necessities, and more are all part of the product range. 

Toys are painted non-toxically. The toys' edges are softened to protect the child's sensitive skin while playing! 

5. Koja Franchise:

The term "KOJA" is a true blend of the Korean cultural wave known as "Hallyu" and also a broad variety of high-quality products that are the most up-to-date trends in the fields of K-fashion, K-POP, K-beauty, and Japanese creative products for lifestyles. Moreover, this provides a genuine experience of shopping for Korean products.

6. Mama Mia Franchise:

Gelato was first introduced to the Indian market by Mama Mia! in the year 2005. Our company's founders received their training in Italy from Chef Danielle Ghisalberti. Mama Mia! was established with the sole intention of providing our consumers with the most exceptional and uncompromising creations possible with no compromises whatsoever. 

To this very day, we continue to uphold this purpose. The highest quality ingredients are used in the production of our goods, which are fully natural in every respect. We could go on, but most of the time we would rather let our product speak for itself! THE REASONS FOR GELATO Gelato originates from Italy and is a type of ice cream. 

There are various ways in which it is distinct from ice cream. It is richer and creamier than ice cream since it has less fat, uses the best ingredients, and has less air.

7. Louis Salon & Spa Franchise:

Peter Louis established the Louis Salon brand of hair salons in California, USA, in 1990. The business has grown internationally ever since.. Louis Salon has established itself as the go-to destination for discerning individuals all over the world to depend on to fulfil their beauty requirements. 

Excellence in all areas, enthusiasm for one's work, as well as a sincere desire to bestow the "gift of beauty" are qualities we seek in our Members and Partners.

Louis Unisex Salons are unique Global Beauty Talent Circles. Furthermore, the brand has been the go-to beauty destination for discerning people worldwide for 29 years.  Moreover, you may expect high-quality service in a secluded setting with an English-speaking employee wherever in the world.

8. Grocery 4U Franchise:

Make the trip to the store an enjoyable one. Grocery4U Retail Private Limited has created products to make your lives easier and also more comfortable in our fast-paced environment.

Grocery4U, an online platform for basic as well as luxury necessities, became a hit in the Indian retail market. Our excellent supply chain sources the greatest as well as freshest products. Every time. In our view, a happy community is physically and mentally well.

9. Bricks4Kidz Franchise:

Learning through play is our philosophy at Bricks 4 Kidz®. We aimed to develop a pleasant as well as stimulating environment where youngsters may discover STEM with LEGO® bricks.

Since 2008, Bricks 4 Kidz® has grown into the world's largest STEAM-based educational enrichment program with over 300 franchises in 38 countries on 5 continents. For global franchise support, we have branches in California, Texas, Florida, and also Dubai.

10. Lecco Cucina Franchise:

Modern living space modular solutions are our speciality. We have an extensive selection of affordable modular furniture, including kitchens with unique storage solutions, closets that can be used in a variety of ways, TV units that fashionably combine form as well as function, and vanities that can be used to enhance any bathroom. Partner with high-ROI Lecco Cucina.

We turn areas into useful and organised environments that suit varied lifestyles and also tastes via quality, thoughtful design, and client satisfaction. Fund the nation's fastest-growing modular solutions brand, Lecco Cucina.

Do you know why entrepreneurs prefer to invest in franchises within this price bracket?

Due to rising incomes, enabling government regulations, and changing customer tastes, franchise businesses in India with less than 30 lakhs in annual revenue have a bright future. 

Prospective franchisees would do well to target industries showing signs of increasing demand, use available technology, as well as seek out strong support networks franchisors offer.

Here are some key drivers that show that franchises under 30 lakhs have promising growth.

Growing Affordable Franchises: 

• Micro-franchises: Low-investment businesses are growing. These include kiosks, mobile units, and small storefronts.
• Affordable service-based franchises are available in education, housekeeping, and health & wellness.

Recent Developments in Technology:

• The rise of the smartphone and the internet have made it possible for franchises to run more efficiently and with less money spent on overhead thanks to digital transformation.
• To broaden their market and attract more customers, several franchises are integrating e-commerce platforms that allow for online sales and delivery.

Best Ecosystem Support:

• Small enterprises and franchises receive support and incentives through programmes such as 'Startup India' and other laws at the state level.
• Microfinance institutions and also online lending platforms have expanded their funding options, which is great news for would-be franchisees who are short on cash.

Current Patterns in Retail Sales:

• The growing purchasing power of the middle class is fueling an expansion in consumer spending across a wide range of industries.
• Fitness centres, healthy food shops, and wellness services are seeing a surge in demand due to the growing number of people who are health conscious.
• Development of Skills and Education: The focus on good education as well as job-related training creates chances for businesses in these areas.

Franchise Segments With Potential Of Investing Under 30 Lakhs

1. Within the food and drink industry, a 30 lakh investment will get you a small café, quick-service restaurant, or health food kiosk, all of which are common.
2. Education and Training: Franchisees are still interested in opening up shop in early childhood education, coaching, and vocational institutions.
3. There are lucrative franchise opportunities in the retail sector, particularly in convenience stores, branded kiosks in heavily populated regions, and speciality retail stores.
4. Wellness and Beauty: Hair salons, day spas, and fitness centres are hot in the city and suburbs.

To sum up, if you are an entrepreneur considering starting a franchise under 30 lakhs, here is your chance.  Leave a comment in the box below or connect with us at FranchiseBAZAR to get your franchise opportunities started right away.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.