Attractive Franchise Under 5 Lakhs In India To Start Your Business 2

Attractive Franchise Under 5 Lakhs In India To Start Your Business

Taking up a franchise is one of the smartest moves in today’s world for entrepreneurs who want to run their own company. The modern world of business has provided an endless scope of opportunities to everyone. Now not only just businessmen but entrepreneurs who are having a hard time starting their business from scratch can easily build their own startup. 

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 is a smart move right now. 

The increasing popularity of franchisees in today’s world can be explained by the fact that it gives you a push in the business world plus you are already buying the experience and saving yourself from experiencing all the struggles first hand. In addition to this, the franchisee of popular brands already have their own demand in the market and also has a loyal customer base.

A franchisee is also a great option for people who are currently clueless about how to run a business. This provides you with adequate guidance as you will get all sorts of training and information before going live by the parent company. So now that you are aware of all the benefits of taking a franchise lets to explore some of the attractive franchises that are available in India 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.

1. Amul Ice Cream Franchise

Attractive Franchise Under 5 Lakhs In India To Start Your Business 3

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.

You won’t need an area more than 150 square feet to start this business when it comes to Amul Kiosk but for Amul Parlor, you are going to need a slightly bigger space. Make sure the location of your store is prominent to ensure the sales of your products. You will need an investment of 2 lakh to 5 lakhs for buying the franchise of Amul Kiosk but for Amul Parlor, you will need an investment of 5 lakhs to 10 lakhs.

Investment Required: 2 to 5 Lakhs

Commercial Unite Space: 150 to 300 square meters

2. Jugnoo

Jugnoo is a nationwide famous chain of three-wheeler autorickshaws used as public transport. This franchise is for the entrepreneurs who are auto drivers or even for the one who runs a small chain of rickshaws. Jugnoo was founded in the year 2018 and since then it has been employing a lot of auto drivers and entrepreneurs. 

Jugnoo is always looking for expansion in the country across various cities but currently, it is looking for expansion in Himachal Pradesh, Hyderabad, Delhi, etc. The best thing about this franchise is that you are not going to need any commercial space for the setup of this business as the autorickshaws itself is a commercial space. 

Do note that you don’t need to have a rickshaw already in order to acquire this business. You can get the cost of your vehicle covered in your cost of taking the franchise. 

Investment Required: 2 to 5 lakhs

Commercial Unit Space: N/A

3. Bean Here Franchise

Bean Here is a food and Beverage industry that was started in the year 2014 in Ahmedabad and since then it has been developing a huge fan base. The brand has also received different awards such as ‘Best Stand-alone cafe’ and ‘Best Themed Cafe’. It provides you everything when it comes to finding an ideal location to hang out with your buddies.

It serves delicious beverages along with numerous board games all in a cozy ambiance. In the year 2018, the franchise model was adopted by the company and now the company is the one that supports the franchisee by providing the required guidance to them. 

When you take the franchisee of Bean Here you get various operating manuals as well as training for running the cafe. Apart from this, the company will also provide you with field assistance lakhs contract signed by the entrepreneur while taking up the franchise will last for 3 years after that you will have to renew the franchisee.

You will also be able to get furniture and other equipment in the required capital investment mentioned below. Within 8 to 11 months of taking up the franchise, you can expect to earn back the invested amount of the franchise.

Investment Required: 2 to 5 Lakhs

Commercial Space Required: 180 square feet

Rate of Return on Investment: 168%

4. Khilonewala Library

Khilonewala Library works on a unique concept, it provides toys, games, and books to kids of age one to twelve years. It works on the concept of making students learn while having fun. Khilonewala Library will have you open your own store under their franchise where you can offer the same services.

It was established in the year 2011 and has been satisfying its customers since then. The franchise launch date of the company is 2013 and the type of franchise provided by Khilonewala Library is both unit and multi-unit. It has around 50 to 100 outlets in the country. 

Khilonewala Library is been looking for its expansion in cities like Chandigarh, Lakshadweep, Pondicherry, etc. During the time of buying the franchise, the outlet will let you know about everything concerned with running the business. You will get total guidance on how to boost your sales as well as you will get proper training so that you can earn a maximum amount of profit there. 

Investment Required: 2 to 5 lakhs

Commercial Space Required: 200 to 250 square feet

5. Samosa Junction Franchise

Attractive Franchise Under 5 Lakhs In India To Start Your Business 4

Samosa without an argument is undisputable one of the most favorite snacks of India. Whether it is breakfast time or evening Tea time, Samosa is always there for our rescue. Though samosas may come in different flavors and types that are served throughout the country but Samosa Junction has taken care of every Indian’s preferred taste of Samosas and brings you a large variety of it. 

Samosa Junction offers 22 varieties of samosa including veg and non-veg ones. They have also tried to make their product healthy for the health-conscious people, therefore they use only high-quality ingredients in the preparation of the samosas. Their eyes are dead set on the goal to open 500 stores of their company across the globe.

The company will provide you will all the required support and guidance during the set up of your store. They will give you a significant amount of training in terms of marketing and field assistance. Apart from this, you will have to provide them with 5% of the net sales of your products.

Investment Required: 5 lakhs

Commercial Space Required: 500 Square Feet

Rate of Return on Investment: 50 – 60%

6. Max Lab

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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 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.

There are a total of 100 to 200 outlets of Max Lab are there nationwide. When you take up the franchise, you will be given all the required guidance from the company as well as the training to run the operations.

Investment Required: 2 to 5 lakhs

Commercial Space Required: 300 Square Feet

7. Sweet World Franchise.

Sweet World is one of the cheapest fast-food franchises in India. It gives a great opportunity to the entrepreneurs to start their own franchise business within less cost of investment. The food chain was first started in the year 2002 in Mumbai. Sweet World specializes in providing some of the best traditional sweets, chocolates, and desserts, in short anything to satisfy your sweet tooth.

It has products for people of all age groups and all taste choices. Since it’s just a shop, you will not need a very large area for this. Since it is one of the cheapest fast food franchises that we have in the food industry you won’t need much capital investment for setting up this store. You can expect to get the amount of investment returned in about 6 months of doing business. 

Sweet World is a great franchise to start your business in the food industry if you have a low capital investment and seeking for new opportunities to run your own startup. 

Investment Required: 2 to 5 lakhs

Commercial Space Required: 20 to 25 Square Feet

Rate of Return on Investment: 25%

8. 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. 

Though the company is looking for expansion in the whole of India still there are some cities that are highly preferred by them, these cities are Delhi, Haryana, Himachal Pradesh, etc.

Upon taking the franchise you will be provided with all the necessary guidance that you need to run this business. From the training of operating to marketing, you are going to find every required information by the company itself. So if you are looking for an opportunity in the tourism sector, this may be your golden chance.  

Investment Required: 50 Thousand to 2 lakhs

Commercial Space Required: 100 to 350 Square Feet

9. 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.

To start your own Cream Longue Franchise you are going to need an area of approximately 200 to 1000 square feet, this actually depends on how big you want your store to be and what is your budget for this startup. The cost of investment that you are going to need to start this franchise is inclusive of the cost of furniture and types of equipment.

Within just a few months of starting your own store, you would be able to pay back the whole amount of investment. 

Investment Required: 2 to 5 lakhs

Commercial Space Required: 200 to 1000 Square Feet

Rate of Return on Investment: 25-30%

10. American Kidz

franchise under 5 lakhs in India

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.

The company was founded in the year2009 and started giving out the franchise from 2010. There are a total of 12 franchises opened of this playschool all over the world. Currently, they are looking for expansion all over the nation but their preferred choices would be Pondicherry, Andaman and Nicobar, Chandigarh, etc. 

Also, you will have to collect all the necessary staff crucial for running this operation and the rest of the information in terms of training will be given by the company itself. 

Investment Required: 2 to 5 lakhs

Commercial Space Required: 1200 to 1500 Square Feet

Conclusion

Starting their own business is a dream for many entrepreneurs but sometimes a lack of guidance and capital investment makes them lag behind. Well, we just solved your two problems in one article. The article contains a list of a franchise that you could take up in under 5 lakhs rupees and since it is a franchise list, so you don’t need to worry about guidance and training because they will give it all.

The franchise mentioned in this article belongs to a variety of sectors from which you can choose one as per your interest. Though we have provided you with basic knowledge about all these businesses if you decide to take up any of these businesses, you may have to do thorough research on it to know about the pros and cons of doing that business in your area.

If you have any questions or suggestion related to this article, you can give it to us by commenting below, we will be more than happy to help you. Also, do let us known in the comment section below how you liked this article. 

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