Master Franchise Opportunities in Top 7 Emerging Segments in India 2024

on Apr 03, 2024 | 7980 views

Written By: Smita B

In recent years, India has seen a notable upsurge in the existing business environment. The country’s expanding economy, consumer preferences, changing trends, encouraging business policies, etc. are core influencing factors behind this transition.

Due to this corporate optimism, many industries are willing to explore this explosive growth in their respective sectors by connecting more entrepreneurs and investors. However, to get a quicker result from this process, a master franchise opportunity is one of the strategic sources many industries are thinking of.

Master franchise opportunities are the best way to scale any sector effortlessly by crafting a sustainable pyramid of sub-franchises with maximum ownership to run the businesses. Hence, some industrial sectors offer master franchise opportunities to entrepreneurs and investors.

In this article, we are going to see the extreme sectors that have the potential to provide master franchise opportunities in India. So, before moving any further, let us explain the term Master Franchise.

What is a Master Franchise?

A master franchise is a franchise model in which the main franchisor who owns that particular brand or business offers a master franchise opportunity to interested entrepreneurs with the authority to operate the business among their respective territories.

Unlike regular franchising, master franchising consists of a wide range of responsibilities as they have received partial autonomy to control their territory. The following aspects are differentiating factors of a master franchise model.

  1. Master franchise reserves a right to hire sub-franchise under their supervision within their respective franchise business locality.
  2. In the master franchise business model, the master franchise is responsible for providing technical and nontechnical support to sub-franchise business owners throughout the franchise tenure.
  3. Apart from this master franchise is also responsible for all the training activities to stabilize the sub-franchisee's business during the initial stages. For instance, training arrangements regarding brand awareness, staff training, operational activities, etc.
  4. Master Franchise needs to participate in overall marketing, advertising, and operational activities to promote the brand and assist sub-franchises among their territories.
  5. Finance management is another important aspect, a master franchise needs to contribute. For instance, managing financial transactions of sub-franchisees, collecting royalties or profit shares, etc. on behalf of the main franchisor and reporting all the financial activities regularly to central authorities.

Top 7 Emerging Segments Offering Master Franchise Opportunities in India

Food And Beverage Industry

India’s food and beverage industry has always been a vibrant and rapidly expanding sector among all other prime sectors. However, it is still growing by having a great rhythm with the current consumer preferences, disposable income, and changing lifestyles.

Many mega investors and aspiring business owners are willing to take advantage of the overall development of this food and beverage industry by investing in prime and most popular brands in 2024.

Especially in India, many famous food and beverage brands are offering their master franchise opportunities. Here are some names of top brands with their master franchise business.

  • Cafe Coffee Day (CCD)
  • Domino’s Pizza
  • Subway
  • KFC
  • Pizza Hut
  • Starbucks
  • Burger King

Health And Wellness Industry

In recent years, the pandemic phase has created an awareness about overall lifestyle and health in the world. Hence, the health and wellness industry is experiencing a sudden boom in the sector every passing year.

As a result, various brands are focusing on and planning to upscale their health and wellness businesses by offering master franchise opportunities to optimistic entrepreneurs. It contains gym centers, diet maintenance centers, Yoga centers, wellness centers, etc.

The following famous brands are offering master franchise opportunities in India to widen their reach all over the place.

  • Gold’s Gym
  • Cult Fit Gym
  • Anytime Fitness Gym
  • HealthifyMe
  • Jymka

Healthcare Industry

India has been one of the most heavily populated nations in the world. Hence the healthcare industry in India has always been a steady industry in terms of revenue.

Moreover, other countries are also interested and keen to invest in India’s healthcare sector to earn profits. So associate healthcare brands are moving forward to truly expand their healthcare businesses by offering master franchise opportunities.

However, this sector is considered a valuable sector to explore and expand with strategic moves. Some brands are working on it such as.

  • Dr. Batra
  • Apollo Clinic

Beauty And Personal Care Industry

The beauty and personal care industry made a huge boom, especially after the digital revolution. Moreover, disposable income flow is rising among the country’s middle-class population, and the beauty industry is spreading awareness about the niche through advertisement, print media, digital advertisement, influencer marketing, celebrity marketing, etc.

As a result, the beauty and personal care industry has been involved in recent years. However, many investors and entrepreneurs are planning to capitalize on this expansion by investing lots of fortune in it. Big beauty brands provide these ultimate opportunities to the aspirants by offering master franchises of their businesses.

At present, countless Indian and foreign brands are working in various areas of this particular industry.

  • Cosmetic products
  • Hygin or intimate care products
  • Salon and Spa
  • Hair care clinics
  • Unisex or individual grooming centers
  • Plastic surgery clinics
  • Beauty enhancing equipment
  • Nail Art Studios

Education Industry

The landscape of the education sector experiencing a massive transition due to the incorporation of technology. Especially after the universal lockdown phase the educational platforms went online from the grassroots level and it made a positive impact on the industry’s monetary growth.

Indian education sector came up with innovative ideas to flip offline classroom environments into online or virtual classrooms to leverage the educational industry’s transformation. For instance, online classes through Google Meet, skype, zoom, etc. educational apps, private online coaching centers along with digitalized educational materials.

Moreover, after the pandemic sectors delivered extraordinary revenues to their owners even in offline mode by implementing a franchise business model.

However, this consistent growth of the sector even after the pandemic pointed to the sector as a 100% successful sector from a business point of view. Having master franchise businesses from well-known education-serving companies is key to making a profitable venture.

The following brands are extremely powerful platforms for the Indian education sector.

  • Prerana Education
  • Euro Kids
  • Vedant International School
  • Cambridge Motesory Preschool
  • IBT

Clothing And Apparel Industry

The clothing and apparel sector of India has always been a profitable sector for the country. Nowadays the industry is standing at its peak due to the current economic growth, frequently changing fashion trends, consumer tests, suitable government policies, etc.

Looking at this growth giant investors have started working with the designers to create their labels for clothing, accessories, and apparel.

So, this industry is where aspiring entrepreneurs can take full advantage of master franchise opportunities to get into India’s profiling clothing and apparel sector and accommodate the shifting consumer needs regarding fashion and trends.

Some of the famous brands from the industry are as follows

  • Allen Solly
  • Jockey
  • Decathlon
  • Biba
  • Siyaram
  • FabIndia
  • H&M

Household Service Providing Industry

In India, there are various types of household services are available especially to assist Indian families in performing their household chores. Fortunately, this business industry is showing constant growth as a huge number of the population is demanding these types of services to enjoy their free time without any household duty pressure.

Hence, the master franchise opportunity in the household service-providing sector is one of the promising business options for people who are willing to start their highly profitable businesses. In this category, many brands are offering services like

  • House cleaning services
  • House and garden maintenance services
  • Household equipment maintenance services
  • Adult and infant daycare services
  • Security services
  • House management service

Conclusion

Master franchise opportunities are one of the reliable business models for investors with high capacity i.e. financially stable, trained, and well-equipped operation team and strong network. There are so many renowned brands in various industries that are willing to serve their brand businesses to those capable investors to grow fast.

However, many investors are unaware of these sectors. So, in this article, we have summarized some extremely potential industries with bright futures in the master franchise business model. This article will work as a guide to aspiring entrepreneurs to enter a suitable market and be successful.

However, entrepreneurs with an interest in master franchise opportunities should assess the brand value, product or service quality, target market, competitive landscape, operational assistance, and overall marketing support from the respective brand franchise before investing in the opportunity.

If you want to get a proper assessment of any business you are willing to start then reach out to our experts at FranchiseBazar.

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.

 

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