Best Retail Franchise Stores In India

on Aug 20, 2021 | 1091 views

Written by Suraksha Prasad                                                                August 20, 2021

Franchising in India is at a growing stage. As per a report published by Franchise Asia, the growth of the franchise industry in India shows no signs of slowing down. Over the last number of years, there has been a huge growth in interest in entrepreneurship in India. The is has incited growth within the franchising sector, as franchises provide the perfect solution for budding entrepreneurs who wish to invest in the security of an established brand, whilst enjoying the freedom offered by franchise models.

As per Forrester Research, in 2020, India's retail sector was estimated at US$ 883 billion, with grocery retail accounting for US$ 608 billion. The market is projected to reach ~US$ 1.3 trillion by 2024.

Revenue of India’s offline retailers, also known as brick and mortar (B&M) retailers, is expected to increase by Rs. 10,000-12,000 crore (US$ 1.39-2.77 billion) in FY20.

According to the Retailers Association of India (RAI), the retail industry achieved 93% of pre-COVID sales in February 2021; consumer durables and quick service restaurants (QSR) increased by 15% and 18% respectively.

 Opportunities are knocking on the retail industry doors as the industry size is getting bigger in India. The retail sector of India alone contributes 22 percent of the country's gross domestic product (GDP) and contributes about 8 per cent to the total employment. The industry includes varied segments like clothing, food, beverages and convenience stores etc. The retail industry has been witnessing consistent growth over the last few years and is expected to grow more in the coming years. Grabbing the opportunity of a Retail franchise could be the wisest decision that can help you get benefits for a lifetime. There are various opportunities you can grab from retail business franchises. In the retail sector, you can serve consumer durables & IT, supermarkets & marts, home & office, sports goods and more. Getting into a retail business was never so easy before; design your success path with retail franchise opportunities available here-

1.  The New Shop :

The New Shop is a chain of 24 hours retail stores to buy all convenience needs products - snacks and beverages, personal care, pet products, cigarettes, hygiene needs, ready to eat food, and grocery staples.

The New Shop is a chain of high-speed retail stores located in Bangalore that cater to a particular location. It makes use of single as well as multiple shelves and kiosks for displaying all goods. The retail outlet has a wide category of the product range that includes products related to Lifestyle, Food, Beverages & Accessories,  Wellness, Health Foods, Nutrition & Supplements, Personal Care Essentials, Grooming & Cosmetics, Gadgets and Electronics, Durable & Personal Appliances, etc. It has a product range of more than 500+ Products accessible in 100+ outlets like Mumbai, Gurugram, Noida, Delhi including 25+ brands and having a footfall of around 500k.  

Headquartered in Delhi, India

Operations Commenced On: 2019

Franchising Commenced On: 2021

Business Models

Industry type- Retail Franchise

Segment- Convenient store franchise

Investment- 10- 15 Lakhs

Franchise fee- No investment

Space required- 500- 750 square feet

Total franchise outlets- no outlets

Preferred Expansion Locations  North India and West India

2.  Baby’s world store:

Baby’s World is a wholesale/retail company dealing in everything related to babies and moms since 2004. We have been selling baby and mom products through our retail stores offline but since the last few years, we have had the opportunity to serve Lakhs of customers through our website.

We aim to expand our business & sell niche baby products across India through the “Baby World Franchise” Baby world store franchise looking for expanding our baby products in various parts of India. 

Headquartered in Mumbai, India

Operations Commenced On: 2017

Franchising Commenced On: 2020

Business Models

Industry type- Retail Franchise

Segment- Children’s product franchises

Investment- 10- 15 Lakhs

Franchise fee- 2- 5 Lakhs

Space required- 750-1000 square feet

Total franchise outlets- less than 10

Preferred Expansion Locations- South India

3.       Khadim's:

We are one of India’s largest branded footwear retail players in terms of exclusive stores operating under the Khadim’s brand through our Retail vertical. We have the largest presence in East India and are among the top three players in South India. Our Distribution business vertical has a strong network of 544 distributors.

We understand the expectations of a ‘price conscious’ customer and work to deliver value to the expanding middle-class segment in India. We offer quality footwear that is affordable for the entire family. Our core business objective is ‘Fashion for Everyone’, and we believe that our Company has established an identity as an ‘affordable fashion’ brand, catering to the entire family for all occasions.

Ensuring customer delight and stakeholders return by delivering quality products at affordable prices through extensive retail networks.

Why Franchise with Khadim's?

Our Mission is to be in every Indian's step and therefore we are offering franchising opportunities to people who are interested in getting into the franchising business world! 

Khadim's gives a brand name that has already established itself. We also provide constant brand support to our franchisees. So if you are a franchise business seeker, seek no more as your search ends here at Khadim's

Headquartered in Kolkata, India

Operations Commenced On: 1993

Franchising Commenced On: 1996

Business Models

Industry type- Retail Franchise

Segment- Footwear franchise

Investment- 20- 30 Lakhs

Franchise fee- 10- 15 Lakhs

Space required- 750-1000 square feet

Total franchise outlets- 500-800

Preferred Expansion Locations- South India, Kolkata, Delhi, West India, North India

4.  Pepperfry:

It is India’s largest online Furniture and Décor company, with over 1.2+ lakh products listed and active on our website. 

Pepperfry is the largest Omnichannel Footprint across the country and at present nearly 72 studios extended in nearly 28 cities. Our studios have become a prime growth as this has significantly contributed to the overall business platforms. 

At present we operate around 32 FOFO studios across various cities like Mysore, Bangalore, Goa, Indore, Hubbali, Lucknow, Imphal, Surat, etc. Our studies franchisees are emerging in their respective field and have already become successful in a short span of time. 

 PROVEN SUCCESSFUL MODEL

  • 70+ Studios, 30+ Successful Franchisees.

  • Unparalleled Catalogue of 100,000 products

  • 100% Price Parity with Online Business, No Channel Conflict

LOW INVESTMENT, QUICK RETURNS

  • Approximate 10-15 Lakhs Initial Investment.

  • Zero Inventory Carrying.

  • Payback in less than 31 months as per business model

EXTENSIVE BRAND SUPPORT

  • Brand Led Marketing Promotions

  • Staff Training and Recruitment Assistance

  • Order Fulfilment, After Sales and Support by Brand

Headquartered in Bangalore, India

Operations Commenced On: 2012

Franchising Commenced On: 2017

Business Models

Industry type- Retail Franchise

Segment- Furniture franchise

Investment- 10- 15 Lakhs

Franchise fee- 50k - 1 Lakh

Space required- 250- 500 square feet

Total franchise outlets- 20-40

Preferred Expansion Locations- South India, Union Territories, Delhi, West India, North India

5.   Uoons

It is the fastest-growing Mobile repairing service Provider & Electronics eCommerce Company in India. Uoons has established itself as a trusted name in the industry. We are committed to provide an easy and secure service platform to our consumers, and keep your privacy secure in your mobile phone. Our certified technician will reach at your doorstep and check your device in front of you, and if possible our technician will complete your device well on your location. We pick & drop your device in our secure ZEP (Zero Error Policy) process to keep your device secured. We are also committed to provide consumer satisfaction guaranty and maintain a healthy relation with our valuable consumers. Uoons is a brand that is close to your heart, and celebrates the vibrancy of life and empowerment; we want to become an extension of your lifestyle and dynamism.

Headquartered in Indore, India

Operations Commenced On: 2016

Franchising Commenced On: 2020

Business Models

Industry type- Retail Franchise

Segment- TV, Web, Ecommerce, Shopping Outlets

 Investment- 5- 10 Lakhs

Franchise fee- 1- 2 Lakhs

Space required- less than 250 square feet

Total franchise outlets- Less than 10

Preferred Expansion Locations- South India, Union Territories, Delhi, West India, North India

Closing Thoughts

Franchising is clearly rated as one of the most successful and popular models for business expansion in the retail sector. It is becoming an important part in the years to come, as far as the growing services sector of the Indian economy is concerned. Changing dynamics in the franchising industry would warrant a mindset change as well. A collaborative approach involving Franchisees, Franchisors, Financial institutions and industry associations is the need of the hour. E-commerce is expanding steadily in the country. Customers have the ever-increasing choice of products at the lowest rates. E-commerce is probably creating the biggest revolution in the retail industry, and this trend is likely to continue in the years to come. Retailers should leverage digital retail channels (E-commerce), which would enable them to spend less money on real estate while reaching out to more customers in tier II and tier III cities.

By 2024, India's e-commerce industry is expected to increase by 84% to US$ 111 billion, driven by mobile shopping, which is projected to grow at 21% annually over the next four years. In 2020, the most common payment methods online were digital wallets (40%), followed by credit cards (15%) and debit cards (15%). Online penetration of retail is expected to reach 10.7% by 2024 versus 4.7% in 2019.

Nevertheless, the long-term outlook for the industry looks positive, supported by rising income, favourable demographics, entry of foreign players, and increasing urbanisation.

 As per Forrester Research, in 2020, India's retail sector was estimated at US$ 883 billion, with grocery retail accounting for US$ 608 billion. The market is projected to reach ~US$ 1.3 trillion by 2024.

 

 

 

 

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