The Franchise industry is humming with potential, offering some amazing opportunities for both new and experienced entrepreneurs. As we look forward to 2024, a few franchises stand out as particularly promising. Whether you’re interested in an established brand or a rising star, these top 10 franchise opportunity in 2024 are definitely worth keeping an eye on. Let’s fall into these amazing top franchise opportunity.
Lets Explore the Top 10 franchise opportunity in 2024
In this list of the top 10 franchise opportunity in 2024 brands informations will useful to starting your franchise business journeys.
10. KFC Franchise
The start-up costs are approximated to be between Rs. 96 lakhs and Rs.2 crores. KFC Franchise is a great way to enter a restaurant and fast food industry with a lot of help from the franchisor. When one thinks of the best restaurant to get crispy and freshly-made chicken, the mind instantly goes to KFC. It is one of the giants in the fast food industry. You will need to consider building and real estate costs, the cost of equipment and signs, the cost of licenses and permits, the cost of uniforms, the cost of insurance etc..
9. Lakme Salon Franchise
To begin your career as a Lakme Salon partner, you need an initial minimum investment of Rs.50-60 lakhs. Lakme Salon, part of the iconic Lakme brand, offers a comprehensive range of beauty services and has become a leader in the beauty industry. Franchise owners can look forward to a healthy profit margin of 12-15% on average, which is quite promising for those interested in the beauty and personal care market. Lakme salon was India’s first leading chain of salons which offered their expert services on hairstyling, beauty and skin care. These salons are known for their expert combination of doing stunning make-up along with fabulous hairstyling and beauty services.
8. Bao Bao Franchise
The Investment amount of the Bao bao franchise starts from 12 lakhs, Introducing Bao Bao, a Chennai-based street food spot that’s shaking up the way we enjoy traditional Chinese baos. We put a fun twist on this classic dish by filling our baos with delicious Indian flavors, making them perfect for a tasty street food experience that’s easy and accessible for everyone. If you’re looking for a deliciously rewarding business opportunity with low risk and high potential for success, look no further than the Bao Bao franchise.
Contact Bao Bao Brand: Application link
Bao Bao franchise investment amount Breakdown:
| Particular | Take Away | Kiosk | Cafe |
|---|---|---|---|
| Space Required | 100-200 Sq Ft | 100-200 Sq Ft | 300 – 600 Sq.ft |
| Equipments | Rs 2,50,000 | Rs 2,50,000 | Rs 2,50,000 |
| Interiors | Rs 4,00,000 | Rs 4,00,000 | Rs 8,00,000 |
| License | Rs 50,000 | Rs 50,000 | Rs 50,000 |
| Marketing & Training | Rs 1,00,000 | Rs 1,00,000 | Rs 1,00,000 |
| Franchise Fee | Rs 4,00,000 | Rs 4,00,000 | Rs 4,00,000 |
| Royalty | 8% | 8% | 8% |
| Man Power | 3 | 3 | 4 |
| Marketing Support | Yes | Yes | Yes |
| Total Cost | Rs 12,00,000 | Rs 13,00,000 | Rs 16,00,000 |
Is the Bao Bao franchise right for you? | Let’s breakdown the investment details
7. Pantaloons
To Open one store per month in the next 12 months at an investment of up to Rs.15 crore per outlet, Womenswear is the star of the show, making up half of our total apparel sales. But we don’t stop there! Our non-apparel goodies include stylish footwear, chic handbags, fabulous cosmetics,perfumes, trendy fashion jewelry, and elegant watches. Since joining the Aditya Birla Group, we’ve received significant investments to upgrade our stores, expand our reach, enhance our product range, build our brand, and streamline our processes, all paving the way for future growth. Today, you can find us in 78 cities and towns across India. Pantaloons started back in 1997 as part of the Future Group, aiming to bring a unique fashion retail experience to the emerging Indian middle class.
6. Manam Karupatti Kappi
The Investment amount of Manam Karupatti Kappi franchise starts from Rs.2.99 to Rs.4.99 lakhs, Manam karuppati Coffee started as a cozy little coffee shop in a busy neighbourhood, famous for its authentic Karupatti coffee and traditional snacks. Today, Manam karuppati kappi Coffee is a cherished spot in the community, loved by coffee enthusiasts and foodies alike for its genuine flavors and warm hospitality. Thanks to their dedicated fans, they’ve opened several new locations, all sticking to the same high standards of quality, service, and tradition that have made them such a hit.
Manam Karupatti franchise investment amount Breakdown:
| Area Required | 100 to 250 Sq.ft |
| Agreement | Life time Validity |
| Royalty | No Royalty Fee |
| Investment Plan | 2.99 lakhs 4.99 lakhs |
5. Domino Franchise
The Dominos initial franchise fee in India is around 4.5 lakhs INR for the first franchisee and 2.25 lakhs INR for subsequent ones. Domino’s is primarily a franchised business, and our owner-operator franchise profile, and resultant consistent royalty stream, is considered among the greatest strengths of our business. Our strong unit economics attract franchisees; and our cost to open is among the lowest in the QSR industry. Domino’s business model is straightforward as it either sells pizza online or runs franchise stores for its customers. In addition, Domino’s technological innovation enhances the brand value as it also offers digital ordering with real-time tracking features.
4. Vantha Vettuvom Salon Franchise
The Investment details for Vantha Vettuvom Salon franchise starts from Rs.7.5 lakhs for mens salon and women salon, Rs.16 lakhs for Unisex Salon. Vantha Vettuvom presents an exceptional franchise opportunity for aspiring entrepreneurs seeking to start their own business with minimal risk and low investment. The franchise offers a well-established and proven business model, ensuring a reliable path to success. With a recognized brand name, franchisees benefit from instant brand recognition and customer trust. Additionally, Vantha Vettuvom provides comprehensive ongoing support, including training, marketing, and operational assistance, ensuring franchisees have the resources and guidance needed to thrive.
Contact Vantha Vettuvom Salon Brand: Application link
Vantha Vettuvom franchise Investment Details Breakdown:
| Men Salon | Trendy Bridal Salon | Family Salon |
| 7.5 lakhs | 7.5 Lakhs | 16 Lakhs |
| Req: 160 to 300 Sq Ft interior | 150 to 300 Sq ft interior | Req: 400 to 600 Sq ft interior |
| Sign Board | Sign Board | Sign Board |
| All Salon raw materials | All Salon raw materials | All Salon raw materials |
| All the Products | All the Products | All the Products |
| AC | home theater | Billing software | Jio Camera | AC | home theater | Billing software | Jio Camera | AC | home theater | Billing software | Jio Camera |
Vantha Vettuvom franchise – Is Right fit for you?
3. Amul Franchise
The Investment details of Amul franchise starts from Rs.2 lakhs (approximately). To break it up, the entrepreneur will be required to remit a non-refundable brand security of Rs.25,000; followed by the investments for renovation and equipment which would cost around Rs.1,00,000. Amul, a well-established and trusted brand in the dairy industry, has built a strong reputation for high-quality products over several decades of successful operation. Partnering with a famous brand like Amul not only provides instant brand recognition but also offers a competitive edge in the market. This association significantly enhances the likelihood of business success by leveraging Amul’s extensive customer base, proven business model, and strong market presence.
Amul Franchise Business – How to start & ROI 2024
2. Rose Milk Franchise
The Investments details of Rose Milk franchise starts from Rs.4.5 lakhs. The Rose Milk Franchise system offers a remarkable opportunity for individuals looking to establish their own business in the food and beverage industry. With low overhead and operational costs, along with a standardized setup, the Rose Milk Factory ensures a more efficient path to success compared to other franchises in the sector. The franchise features simple operations, flexible space requirements, comprehensive training, and a lower investment doorstep, making it an ideal fit for various locations. This combination of advantages positions the Rose Milk Franchise as a highly attractive option for aspiring entrepreneurs.
1. Fuel Juice and Pasta Bar
The Investment details of Fuel Juice and Pasta Bar starts from Rs.10,00,000 and Rs.12,15,000. The Fuel Juice & Pasta Bar, founded by a seasoned food industry professional from Chennai with 12 years of experience, is a premium brand dedicated to offering high-quality, affordable food. The diverse Fuel menu includes fresh juices, milkshakes, snacks, nachos, momos, pasta, desserts, sandwiches, waffles, faloodas, ice cream, and mojitos. Each item is crafted with passion, ensuring perfect flavors and taste. Notably, Fuel’s pasta and sandwiches are prepared with a unique, chef-free method, maintaining consistency and quality in every bite.
Fuel Juice and Pasta Bar franchise investments Details Breakdown:
| Models | Food Court | Classics | Elite |
| Franchise Fee | Rs 3,00,000 | Rs 3,00,000 | Rs 3,00,000 |
| Equipment & SS Racks | Rs 3,00,000 | Rs 3,25,000 | Rs 3,25,000 |
| Pc, Printer & Software | – | Rs 40,000 | Rs 40,000 |
| Interiors | Rs 4,00,000 | Rs 5,50,000 | Rs 7,50,000 |
| Total | Rs 10,00,000 | Rs 12,15,000 | Rs 14,15,000 |
Conclusion
In the top 10 franchise opportunity in 2024, A Picking the right franchise can be your ticket to amazing success, and these top 10 franchises opportunity in 2024 have some really exciting opportunities. Whether you’re into health and wellness, tech, or pet care, there’s something for everyone. Check out these options, do your homework, and get ready to start a rewarding business adventure in the coming year.
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