Written By: Bandana Gupta

India has indeed seen a significant transformation in its retail sector, driven by rising consumer purchasing power and increased disposable income. This growth has attracted entrepreneurs towards franchise business models, offering them a hassle-free way to start a business. If you're exploring retail franchise options and not sure which one to choose. Let us know some of the top 10 retail store franchise in India.

JOCKEY Franchise 

This brand is a leading international name with nearly 20 years of experience. It has a strong reputation across India, with 39 large stores in prestigious shopping malls and over 104 stores in prime locations, including metros, high streets, and tier 1 and tier 2 cities. Being a Bangalore-based company, it possesses an impressive return on investment, with its growth steadily rising in the global market. No matter what, Jockey is undoubtedly a smart investment choice, especially for new entrepreneurs and those looking to enter the clothing business.

 Pepperfry Franchise-

If you have purchased a new house or looking to decorate your house then Pepperfry is the one-stop solution for you. Here you will get exclusive furniture and home decor. It is an online marketplace for furniture and home decor in India. Moreover, It was founded in 2011 and its headquarters is in Mumbai. Also, It is well known for its omnichannel retail model which provides an online virtual catalog, in-house supply chain, and Studio Pepperfry experience centers. It has 43 company-owned studios and 142 franchise studios.

• The investment required is Rs 15 lakhs to 30 lakhs
• Franchisee fees are 2 lakhs
• The space required is 450 square feet for (PAP) and 1050 square feet for (PVP)
• It gives a Profit margin of 20% to 25%
• It does not offer any Royalty fees.

 G-Fresh Mart Franchise-

If you want to start your own franchise business with low investment then G-Fresh Mart is the leading grocery store franchise in India. It caters to daily life grocery requirements which include fresh food, frozen foods, dairy products, and other necessary household essentials in various price ranges. It can be started in two franchise business models 

• Investment ranges from Rs 12 lakhs to 13 Lakhs
• Franchise fees are 2.10 lakhs + 18% GST.

InXpress Franchise :

InXpress is a leading shipping platform that caters to services of businesses of all types. It offers services for documents, parcels, pallets, crates, and business couriers. Furthermore, It offers prices based on marketing strategy and a one-stop shop for multiple carriers. 

Also, It offers training and support and residual income to the franchisee. It has expanded in 14 countries since its inception and it has over 440 franchisees and 30000 customers.

• Investment ranges  from Rs 5 Lakhs to Rs 10 lakhs
• Franchisee fees Rs 2 lakhs
• The space required is a minimum of 900 square feet
• Its profit margin is 20% of the sales
• Royalty fees are exactly 10%

Ziva - A Leading brand in Jewellery:

Ziva stands out as a leading name in India's fashion jewelry segment, celebrated for its trendy and stylish designs that perfectly cater to the tastes of modern consumers. With a diverse range of jewelry that seamlessly blends affordability and quality, Ziva has become the go-to choice for fashion enthusiasts seeking to express their unique style. Embrace the allure of Ziva and join the growing community of satisfied customers who appreciate the perfect balance of elegance and affordability.

Branded  features of this franchise:

• It has a high product range offering a wide range of collections of fashion jewelry which include earrings, necklaces, bracelets, and rings that inspire every customer.
• As a recognized brand in the fashion jewelry industry, Ziva benefits from strong brand equity and consumer trust. The brand's commitment to quality and customer satisfaction enhances its reputation.
• Ziva offers training programs to franchisees with professional skills.It also provides support in areas such as inventory management, and assistance in marketing and sales techniques.
• The Franchisee enjoys the liberty of brand recognition which helps to drive foot traffic and increase sales. The ziva’s established brand helps to promote its business and attract customers.
• Ziva’s franchise model can be opened with low investment compared to other retail stores and making it relevant for new entrepreneurs. Secondly, due to the high demand for this jewelry, the franchisee can earn a high return on Investment.
• Ziva is giving cutthroat competition when it comes to its trendy designs.It is always updating the latest styles. This flexibility of Ziva helps franchisees to entice a diverse customer base.

Thus Ziva is a captivating choice for those seeking to invest in a fashion jewelry retail franchise. With its a strong brand recognition and a wide range of classic products, Ziva continues to reign in the competitive market as a fashion jewelry store with its booming success in the market.

LENSKART-  

It is an advanced in-house robotics-driven lens manufacturing and assembly that guarantees 100% clarity and assures in top quality securing the best product in the industry. It has helped to grow 

Lenskart is a leading Indian eyewear retailer that offers a variety of products including eyeglasses, sunglasses, reading glasses, and contact lenses: It uses Robotic technology to manufacture lenses that are accurate to three decimal places. Its price is more affordable than the local optician and often runs on promotions and discounts. 

It has a range of collections from 5000 styles of eyewear which include regular specs, fashion wear, and evening wear. By using AI algorithms, it facilitates the customer to select glasses that suit their facial features It has both offline stores and online stores.

• The Investment required ranges from Rs 30 lakhs to Rs 35 lakhs. 
• Their Franchise fee is Rs 2.36 lakhs
• Space required is 2000-2500 square feet
• It runs total stores of 500+ which include 120 plus cities.
• Its profit margin is decided on Prescription frames -25%,sunglasses-25%, and Contact lenses -13%
• The Royalty fee varies from 13% to 30% of monthly gross sales.

FIRSTCRY :

If you are looking for top best brand for children's accessories then ‘First Cry’ is the right choice. Here you will get all children's accessories at a reasonable price. It always maintains a stock of goods which is mostly bought from International and national producers. The quality assurance team skillfully inspects each item before it is stored or supplied. 

The range of items supplied by the First Cry shop located across the country includes diapers, baby food, necessary items required for Infants, cradles with gear, and furniture for kids' nurseries. The First Cry was established in 2010 and started franchising late last year. It has more than 65 franchise stores all over the country. It is the most profitable venture for new entrepreneurs with an investment of 20 -30 lakhs.

FABIndia :

Established in 1960, FabIndia has a strong base of traditional handicrafts and techniques. It emphasises on authentic and ancient traditional culture. It has tie-ups with rural and urban manufacturers that sell hand-made and organic goods and display the traditional culture of India. 

The brand offers a range of items that involve clothing and props for men women, kids, furniture home decor items and grooming items. It is a multipurpose store suitable for everyone. As it focuses on authentic and traditional items it is a most profitable venture for the entrepreneurs who want to seek franchise business for such items. 

Fabindia ‘s products have customer customer-centric approach and are available at highly affordable prices so if you seek for lucrative business venture then Fabindia is a perfect choice for you.

TATA1mg :

TATA1mg is an online healthcare and wellness platform that assists patrons in buying medicines and healthcare products. It is an Indian e-commerce platform that engages various healthcare services like online consultation of doctors, medical test booking and delivery of medicines. 

The platform is easy to operate just by registering and becoming a member one can consult to a doctor online and receive medical advice and prescriptions, get medicines delivered and even do booking for medical tests. All these services are gained right at the doorstep. It is one of the leading brands in pharmacy and can be easily accessible and at affordable prices.

They offer a franchise model for new entrepreneurs who want to start their own 1mg store. This allows the franchisee to operate their business apart from promoting their brand and trust of the customer.

 The Tata 1mg franchisee must have the following facilities.

• Setting up the location in a high-traffic area
• Plentiful storage capacity to keep the medicines in stock
• A good computer and internet connection to connect the 1 mg’s platform
• A stable phone connection and fax machine to connect with the customers
• Shelves and displays to exhibit the medicinal products.
• A printer to print documents and invoices 
• A vehicle and driver to despatch the medicines to the customers

The franchisee has to pay Rs 2 lakhs to 3 Lakhs as franchisee fees and investment between Rs 10 lakhs to 15 lakhs. The potential profit for the franchise leans on various factors like location, and market strategy. The franchisee has to be alert that this business has the potential for profit and loss both.

Conclusion:  

To conclude the Franchisee  should be cautious about the market. He should make a deep and thorough study of the market and make an analysis of these brands. Secondly, he should know the target audience. Make an inquiry with FranchiseBAZAR about the training and guidance offered by the franchisor. 

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.