BEST FRANCHISE UNDER 5 LAKHS

on Nov 24, 2020 | 5294 views

People today are searching for the Top affordable Franchise because franchise business helps you to get the well-settled business which has already created its image, brand loyalty, credibility in the market. Moreover, when you own an affordable franchise you can utilise the advantages of a well settled brand and its goodwill which prevents you from the risk to fail in the competitive world.

The era of entrepreneurship and franchisee has given the chance to the business-minded people to shape their ideas into a business plan and get the opportunity to take it to the heights. There are numerous reasons why buying a franchise under 5 lakhs in India is a smart move right now.

Though a lot of entrepreneurs also hesitate in taking the franchise because of the less availability of capital investment. This article is designed especially for all those people. Below we have listed the names and details of the franchisee that you can buy in under 5 lakhs rupees.

Amul Ice Cream Franchise

Amul is a known brand of India and it has established itself for years in being one of the best dairy brands. This a great opportunity for you to step into the food-based industry. The company was founded in the year 1946 and until now there is no world bigger than Amul in the dairy world. 

There are two kinds of franchise offered by the company to the entrepreneurs, first is called the Amul Railway parlor or Amul Kiosk, it is a whole outlet that is offered by the company. On the other hand, you can opt for just Ice cream parlor as well by taking the franchise of just the Amul Ice Cream scooping parlor.

Investment Required: 2 to 5 Lakhs

Commercial Unite Space: 150 to 300 square meters

Max Lab

Max Lab is a division of Max Healthcare Institute limited where they perform pathological tests. It is basically a pathological lab or we can also call it a diagnostic center. It was founded in the year 2016 and has been giving out franchises since then. 

The franchise-type sold by Max Lab is Unit and the cost of investment in Max Labs will also cover the money required for setting up the store such as the cost of furniture and the cost of equipment. 

However, for taking a franchise of a diagnostic center, you are going to need a team of medical staff who are well qualified for working in this field. In addition to this, you will also be required to acquire some certificates that are crucial for running this type of business. 

Investment Required: 2 to 5 lakhs

Commercial Space Required: 300 Square Feet

Mahindra Holidays and Resorts India

Mahindra Holidays and Resorts India is a travel company that offers quality family holidays and it is a part of the Hospitality sector. The company was founded in the year 1996 and the launch year of the franchise was 2000. It is a part of the Mahindra Group which was founded by Anand Mahindra.

There are a total of 100 to 200 outlets of Mahindra Holidays and resorts are present in the country. They offer unit-wise franchise types.

Investment Required: 50 Thousand to 2 lakhs

Commercial Space Required: 100 to 350 Square Feet

Cream Lounge Franchise

Cream Lounge has been providing its customers with delicious ice creams and thick milkshakes for years and it has set a new benchmark in the ice cream business. In addition to this, it is also one of the most attractive business opportunities with such minimum cost. The company was founded in Hyderabad, India and provides the entrepreneurs with a franchise contract that lasts up to three years.

Investment Required: 2 to 5 lakhs

Commercial Space Required: 200 to 1000 Square Feet

Rate of Return on Investment: 25-30%

American Kidz

American Kidz is a playschool franchise that focuses on a child’s behavior from a very young age. The school chain focuses on the kid’s brain during his formative years while also making him enjoy the time that he spends in school. In American Kidz, the children enter before starting their formal education. 

It has its franchisee in different states of India and is still continuing to enlighten students all over the world. If you are looking for an opportunity in the education or academic field, then this is the best franchisee in India that you can take under 5 lakhs rupees.

Investment Required: 2 to 5 lakhs

Commercial Space Required: 1200 to 1500 Square Feet

Advantages of owning a franchise:

Best affordable Franchises provide freedom of small business ownership supported by the benefits of a big business network chain.

You need not necessarily have business experience to run a franchise. Franchisors usually provide the support, training before letting you be a part of their business model.

Franchises have a higher success rate than start-up businesses.

It prevents the risk of failure.

You may find it easier to secure finance for a franchise.

Owning a franchise cost less than starting your own business of the same type.

Owning a Franchise often gives benefits of established reputation and image, proven management and work practices, access to national advertising, and ongoing support.

For more exciting franchise-related information and the best franchise opportunities in India, kindly register at https://www.franchisebazar.com/entrepreneur-registration and for further help give us a call on +91-9844443200

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