We’ve compiled a list of the Top 10 Franchise Businesses in the World to assist you in making your decision. If you put in a lot of effort, the company could be able to assist you quickly and easily make an unlimited sum of money.
Asia’s most significant commercial and economic hubs today, and a lot of global businesses are going there to look for franchise opportunities.
Franchises support companies aiming to increase their presence in the World and, by adding employment, help the economy of the nation thrive. One of the causes for people in the World trying to franchise their company is this.
People hunt for business ideas, but they are reluctant to take a gamble since they are unclear if their enterprise will be profitable. However, a franchised company has fewer risks since you have a well-established brand strategy.
The following are some of the main advantages of opening a franchise company:
- Reduced operating costs
- Local Business Expertise
- Rapid Development
- Technical knowledge and training
- Franchisees face fewer risks.
- Capital is readily available.
These were some of the advantages of owning a franchise. Want to discover some of the disadvantages that may be encountered?
- Franchise business disadvantages:
- Exit Strategy with Restrictions
- An Expensive Investment
- Increased parent company control
- A portion of profits must be shared with the parent firm.
- Strict Operating Procedures
These were some of the franchise’s advantages and disadvantages. Let us now introduce you to some of the greatest franchise firms in the world, which we have chosen after a thorough investigation.
The Top 10 Franchise Businesses in the World
It is one of the most well-known pizza franchises in the world, with over 500 locations throughout the nation. It was founded in 1960 and has since grown to become the most popular and biggest pizza delivery business.
You’ll be surprised to learn that it has over 1 million clients in over 70 countries, including the world. Apart from pizza, the restaurant also provides spaghetti, garlic bread, chicken wings, and a variety of other delectable foods.
It is available in over 120 cities throughout the world, and it is owned by Jubilant Food Works Limited, so you must be a partner with them to get a franchise. Minimum size of 1500 square feet and a minimum investment of 30 lakhs are needed to get its franchise.
The main advantage of this franchise is that it is a well-known brand with a popular taste; hence, there are excellent prospects of generating a profit.
As a well-known brand that sells greeting cards, customized presents, artwork, and other similar items, this firm has a network of over 500 national and international locations. Since 1979, its goods have won the hearts of millions of people.
They provide a wide variety of unique presents for anniversaries, birthdays, Mother’s Day, Valentine’s Day, goodbye, and other special events. As a result, opening an Archies shop may be a successful company for you since it does not need a large number of employees and can be started with a floor space of 500 square feet.
For inventory, design, music, and other similar accessories, an investment of roughly 12 lakhs is required. You may make a substantial amount of money from it every month, between 25% and 30%.
As a result, if you like the arts and are creative, this might be an excellent franchise opportunity for you, as you can demonstrate your creativity while also providing people with a terrific gift-giving option.
For the last several years, it has established itself as a reliable and popular global brand. This is a brand with a revenue of more than Rs 200 crores. This firm was formed in 2006 by Baba Ramdev and Acharya Balkishan.
Herbal and Ayurvedic products were the company’s original product categories. Patanjali extended its company into other sectors after achieving remarkable success in this arena, including beauty goods, health care, personal care, food items, and much more.
It has evolved into one of the most highly valued FMCG items. You will require a minimum area space of 500 sq ft and a minimum investment of 7 lakhs to get its franchise; nevertheless, you may surpass the money as per your budget. You may make a lot of money by buying a franchise since it has grown into a dependable and cost-effective brand in only a few years.
4. Dr. Batra’s Clinic
It is India’s largest network of homeopathic clinics, treating a wide range of ailments including asthma, acne, hair treatments, allergic reactions, and more. More than 1.5 million people have benefited from their safe and natural remedies throughout the world.
According to statistics, they are one of the fastest-growing healthcare firms, with over 105 clinics in over 45 locations throughout India, Dubai, and the United Kingdom. It has already opened ten clinics outside of India, and customers like the way they operate and treat patients.
They are now based in India, the United Kingdom, Dubai, Bangladesh, and Bahrain. It is a well-known and dependable brand that employs skilled personnel and specialists. You’ll need a minimum floor area of 500 square feet and an expenditure of roughly 25-30 lakhs to get a franchise.
KFC stands for Kentucky Fried Chicken, and it was founded in the United States in 1939. With over 20,000 branches worldwide, it has established itself as a reputable institution. It operates in over 115 countries, making it one of the world’s biggest restaurant corporations, and it was rated number 201 on the Fortune 500 list.
They sell chicken, non-vegetarian, and vegetarian snacks, as well as burgers and cool beverages. Every day, it serves about 12 million clients, which is a tremendous quantity. People enjoy its flavor and trust its quality, so getting a KFC franchise may be really beneficial.
If you have a minimum of 500 square feet of floor space, a minimum investment of Rs.50 lakhs, and your own premises in a decent location, this might be one of the greatest franchise companies for you.
6. First Cry
It is a well-known children’s and a baby company that sells clothing and accessories for children. Because the investment is little and the rewards are great, this firm has a lot of potential. They provide high-quality children’s clothing at a reasonable price, as well as the option of purchasing online.
People trust their goods since many people choose Firstcry over other brands, therefore being a franchisee may be extremely advantageous for you because people do not enjoy compromising when it comes to their children.
A minimum investment of 20 lakhs is required to get a franchise, with the franchisor providing marketing services. In addition, you’ll need 1000 square feet of floor space in a high-traffic area to stock the merchandise.
As a result, if you want to start earning money right away, the first cry may be the greatest choice for you, as it is among the top 10 franchise businesses in India.
This firm provides optical lenses, sunglasses, eyeglasses, and frames to people of all ages and is considered one of the fastest-growing businesses in the world. It was founded in 2010 and has grown incredibly popular in India in only a few years, with stores in over 1000 locations.
They provide a wide range of options, making them the first choice of consumers seeking any optical or lens. They founded this business to provide individuals with affordable sight. Another interesting feature of Lenskart is that they provide a specific program for women who want to open a franchise.
You’ll need a minimum capital of Rs. 30 lakhs and minimum area space of 300 square feet to get a franchise, and it’d be ideal if you opened it near clinics, malls, or any optical shop.
8. Lakme Business
Isn’t it true that hearing Lakme makes women happy? It is one of the most well-known and well-liked brands in the world of cosmetics and beauty goods. It was opened in 1952 and has kept its reputation and excellence ever since.
Hindustan Unilever owns the brand, which is available in over 75 Indian cities and has over 150 physical locations. You have the option of opening your own salon or purchasing a franchise to market their items. It is in high demand, especially during the festival or wedding season; devoted clients prefer it to other brands because of its superior quality.
If you want to get this franchise, you’ll need to put down a minimum of Rs. 25 lakhs, which will include training and beautifying so that you can provide the greatest service to your consumers. A minimum of 200 square feet is necessary to operate a Lakme Salon.
You may also establish an Amul ice cream Franchise since it is a highly successful company and customers appreciate the flavor and quality that Amul provides. You’ll need a minimum of 300 square feet in a prime location with air conditioning and a nice interior to open an ice cream shop.
The initial investment is also quite little; you would just need Rs.2-5 lakhs to get started. The nicest part about this company is that it requires no or very little promotion since people are already familiar with Amul.
You also don’t have to worry about inventory since it is delivered straight to your business, eliminating the need to travel or pay delivery fees. You may make big money and be your own boss with a modest investment.
The jockey was founded in India in 1994 and has since become a well-known brand for men’s and women’s innerwear and leisurewear. It is currently present across India, with many locations in various cities.
It is an American firm that produces high-quality innerwear, sleepwear, and sportswear. In 1934, this brand is credited with creating the first men’s Y-Front short. It has a presence in over 120 countries due to the high quality and value for money it provides.
If you want to start a franchise in the clothing sector, Jockey is the best option since it is a well-known brand that consumers choose over others.
It will cost approximately 30-40 lakhs and require 1000 square feet of floor space. As a result, if you have this cash and want to invest in the clothing sector, Jockey is unquestionably the best option.