Are you looking for top retail franchise opportunities in India? Find in this post, complete details of retail business opportunities including cost, investment, returns, license fees, contact details & how to apply procedures.
The Indian retail industry is poised for big growth.
Presently, this industry is responsible for more than 10 percent of the country’s Gross Domestic Product (GDP). In addition to this, the Indian retail industry provides more than 10 percent of the total employment.
List of Top 14 Retail Franchise Opportunities in India
1. Nilkamal Franchise
Category: Home Furnishings
Investment: Rs 20 – 30 Lacs
Minimum Space Required: 1000 Sq. ft.
2. Kurl On
Category: Home Decor
Investment: Rs 30 – 40 Lacs
Minimum Space Required: 400 Sq. ft
3. Skipper Furnishings
Category: Home Decor
Investment: 10 Lacs
Space Required: 800 Sq. ft
4. Rupa Garments
Category: Clothing
Investment:
Space Required: 300 Sq. ft.
5. Patanjali Ayurved
Category: FMCG/ Health Products
Investment: Rs. 5 – 30 Lacs
Space Required: 300 Sq. ft.
6. Lenskart
Category: Eyewear
Investment: Rs. 25 – 30 Lacs
Space Required: 300 Sq. ft
7. DTDC
Category: Courier
Investment: Rs 0.5 – 2Lacs
Space Required: 250 Sq. ft
Read: How to Open DTDC Courier and Cargo Franchise Business
8. US Dollar Store
Category: Consumer Goods
Investment: Rs. 20 – 25 Lacs
Space Required: 100 – 1000 Sq. ft.
Read: How to start US Dollar Franchise in India
9. Samsung
Category: Mobile Phones
Investment: Rs 15 – 20 Lacs
Space Required: 450 Sq. ft.
10. Archies Gallery
Category: Stationeries
Investment: Rs. 20 Lacs Onward
Space Required: 300 Sq. ft.
11. Presto
Category: Office Stationeries
Investment: Rs 5 Lac Onwards
Space Required: 300 Sq. ft.
12. Floralis
Category: Flowers
Investment: Rs. 5 Lac Onwards
Space Required: 250 Sq. ft.
13. Royal Enfield
Category: Automotive
Investment: Rs. 5o Lac to 1 Cr.
Space Required: 500 to 1000 SqFt
14. Tanishq
Category: Jewelry
Investment: Rs. 1 to 1.5 Cr.
Space Required: 500 to 1000 SqFt
What is Retail Franchising
Retail franchising is a contractual agreement between a franchisor and a retail business owner. The franchisor can be a manufacturer, wholesaler, owner of a specialized product or service. The franchise is the one who will operate the franchisor business in his or her locality. The franchise is supposed to run and grow the business under the brand name of the franchisor and as per laid down policies, rules, and terms.
Things to Consider before Choosing a Retail Franchise Opportunity
Before you finalize the decision to buy a retail franchise offer, there are certain aspects you must clarify with the franchisor.
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Earning Potential
When you talk to the franchisor, get as much information possible to understand how much you can earn from the venture.
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System Support
Check whether the company provides tried and tested system support for the daily and overall operation of the store.
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Training Support
Training is the most important aspect of a growing franchise business. A reputed franchisor will always have a proper and continuous training support system.
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Experience of Existing Franchise Business Owners
If possible, talk to other existing franchise owners and take feedbacks on their experience. There will be always mixed feedback, both positives, and negatives. Take a balanced approach while analyzing the reactions.
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Actual Cost to Start and Run the Retail Business.
Last but not least, calculate as specific as possible of cost to be incurred while starting and maintaining a retail franchise business
As a result, more new players are coming into the retail sphere. Find here a list of top Indian companies offering retail franchise opportunities.
Muvsi Editorial Desk comprises of a team Industry experts experienced in the field of different sectors of the business ecosystem.
