50 World’s Best Business Opportunities in Franchising
Opportunity India Desk
Apr 02, 2019 -
35 min read
The popularity of franchising business model in India can be seen by the fact that the franchised businesses have captured a market size of USD 7.2 billion with an annual growth rate of 30%. And when we talk about its worldwide reach, franchising creates almost $2 trillion every year around the world.
By looking at the above data, one can estimate the potential that the franchising industry possesses. Are you an aspiring entrepreneur looking to own a franchise? Here we present 50 of the world's best business opportunities in franchising. These opportunities can be highly rewarding.
Pizza is one of the most popular Italian food items and it is famous worldwide. Therefore, owning a pizza franchise could be quite lucrative. A pizza franchise allows you to serve high-quality pizza with various toppings and sauces to customers.
You could choose to serve either dine-in or delivery services or both. With the increasing demand for quick food services, owning a pizza franchise could be a profitable business opportunity.
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Bakery and confectionary items such as cookies and pastries are in huge demand everywhere. Therefore, starting a bakery and confectionary franchise could be a rewarding business idea. You could offer fresh and delicious baked goods that would satisfy customers’ sweet cravings.
This business could be started either in a small store or through online platforms, thus creating a wider customer base.
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Medical tourism has become quite trendy because of the enhanced quality of treatment across the world. India is an emerging hub of this industry, thus owning a medical tourism franchise could be a lucrative business opportunity. A medical tourism franchise would provide medical treatments for international patients at affordable prices.
Additionally, they would offer other services such as visa assistance, accommodation and local travel arrangements. Owning a medical tourism franchise could provide you with both profits and the satisfaction of helping others.
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To help people fight medical illnesses, starting a medical spa franchise could be a rewarding business idea. Medical spas provide treatments such as massages, facials, and other therapies, which aim to improve customers’ health and well-being. Owning a medical spa franchise allows you to provide these treatments to customers while also offering medical advice and services. This franchise can be operated both in a physical location or online.
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Two of the world's most popular beverages are tea and coffee. Owning a franchise in this sector can be a lucrative business opportunity. A tea shop or café franchise provides customers with a variety of teas and coffees, ranging from traditional black tea, to flavoured teas, herbal teas, and specialty coffees.
Depending on the franchise, customers might also be able to find other beverages, like smoothies and shakes, as well as a selection of speciality items. In many cases, tea shops and café franchises offer free WiFi, as well as a comfortable atmosphere that encourages customers to stay and relax.
They also offer baked goods and other food items.
Owning a tea shop or café franchise is an opportunity. It allows you to create a cozy and relaxing atmosphere. Additionally, it provides a social gathering place for customers.
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Yoga provides holistic healing to everyone, regardless of age or gender. Owning a yoga center franchise is a great way to generate income. It is also a great way to give back to society. This opportunity is available anywhere in the world.
Yoga centers provide yoga classes, workshops, and other activities that promote a healthy lifestyle. This business idea is in demand, especially with people who are health conscious and seek mental and physical well-being.
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Physiotherapy has proven to be one of the most useful treatments. Owning a physiotherapy franchise allows you to offer treatments to customers with various medical conditions. A physiotherapy franchise offers various treatments, such as physical, occupational, and speech therapy. These treatments are designed to improve patients' physical and mental health.
Owning a physiotherapy franchise could be rewarding, both financially and in terms of helping others.
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Salons are essential in today's time to help people get pampered. A salon business is quite lucrative because of the escalating demand. A beauty salon franchise allows you to offer a wide range of services, including haircuts, coloring, styling, and other beauty treatments.
You could also expand to provide additional services such as manicures, pedicures, and skin treatments. Owning a salon franchise would allow you to contribute to customers' beauty and provide an atmosphere of relaxation and indulgence.
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Pet grooming has recently developed into one of the most lucrative business opportunities around the world. Owning a pet grooming franchise gives you the opportunity to provide multiple services to customers. These services include pet grooming, pet daycare, and pet training.
With more and more people owning pets, a pet grooming franchise could be a profitable business idea, especially in areas with high pet populations.
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Investing in a fitness gym franchise is a lucrative business opportunity in the fitness segment. With an increasing number of people focusing on maintaining their body shapes, the fitness industry is booming. A gym franchise offers a turnkey business opportunity with established branding and marketing, training, equipment and support.
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Ayurveda is a form of treatment that is gaining popularity worldwide. Starting a franchise in Ayurveda is a lucrative business opportunity. Ayurvedic treatments focus on holistic well-being, and there is a growing demand for natural and organic healthcare solutions. A franchise in Ayurveda offers an established brand, standard operating procedures, training and support.
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With the rise of new diseases, there is a growing demand for pathological labs. Starting a pathological lab franchise is a profitable business opportunity. Pathological labs offer a range of diagnostic services, and with increasing healthcare awareness, this industry is growing rapidly.
A franchise in pathological labs provides access to established brand recognition, proven business practices, and ongoing support.
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Organizing after-school activities has become a lucrative business venture in the education sector. Many schools outsource extracurricular activities to external providers, creating an opportunity for entrepreneurs to start a franchise in this field.
A franchise in after-school activities offers a variety of business opportunities. These may include sports coaching, music, dance, art, and language classes. There are even more possibilities.
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Starting a creche and day care center is a popular business venture in today's fast-paced world. With the increasing number of working parents, the demand for daycare centers is on the rise. A franchise in daycare provides established branding, operational processes, training, and support.
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Online food ordering businesses have become increasingly popular in recent times. Brands like 'Zomato' and 'Swiggy' have revolutionized the food industry. Beginning an online food ordering franchise offers entrepreneurs the advantage of an established brand.
It also provides operational processes and ongoing support to help them launch and develop their business.
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Starting a sweet shop franchise is a delicious business opportunity for those with a sweet tooth. Sweet shops offer a variety of desserts, snacks, and candies, and there is a growing demand for indulgent treats worldwide.
A franchise in sweet shops provides entrepreneurs with established branding, operational processes, and ongoing support.
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Bars and restaurants are popular retreats in today's fast-paced lifestyle, making this a rewarding segment for franchising.
Starting a bars and restaurants franchise offers entrepreneurs an established brand, operational processes, and ongoing support to launch and grow their business.
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Cosmetic products have become a necessity in today's world, making starting a cosmetic accessories business a profitable opportunity. A franchise in cosmetic accessories provides entrepreneurs with an established brand, operational processes, and ongoing support.
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People prefer convenient laundry services more often in today's fast-paced lifestyles, making a laundry franchise a profitable business opportunity. A franchise in laundry provides entrepreneurs with established branding, operational processes, and ongoing support to launch and grow their business.
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With the world being gadget-obsessed, starting a gadget repair chain is a lucrative business idea. A franchise in gadget repair provides entrepreneurs with established branding, operational processes, and ongoing support to launch and grow their business.
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The amusement center business presents a great opportunity for entrepreneurs looking to enter the entertainment industry. With the rise in demand for experiential entertainment, amusement centers have become increasingly popular among consumers. These centers offer a variety of activities such as arcade games, laser tag, mini-golf, go-karting, and more.
They cater to people of all ages and provide a safe and enjoyable environment for families and friends to spend time together. The franchise model in the amusement center business offers the advantage of a proven business model, established brand recognition, and comprehensive training and support from the franchisor.
With the right location, marketing strategies, and customer service, an amusement center franchise can be a profitable venture with the potential for long-term success.
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Owning a multiplex franchise is one of the most lucrative business ideas in the entertainment industry. More people are going to the cinema. This presents an opportunity for entrepreneurs.
Starting a multiplex franchise gives them the advantage of an established brand, operational processes and ongoing support. This helps them to launch and grow their business.
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The fitness equipment store business presents a great opportunity for entrepreneurs looking to enter the health and fitness industry. With the rise in demand for home gym equipment, fitness enthusiasts are always on the lookout for high-quality and affordable fitness equipment.
Fitness equipment stores cater to this demand by offering a variety of fitness equipment such as treadmills, ellipticals, weight machines, and free weights. The franchise model in the fitness equipment store business offers the advantage of a proven business model, established brand recognition, and comprehensive training and support from the franchisor.
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Fashion accessories are always in demand no matter what. Starting a fashion accessories business could be rewarding.
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From the perspective of an eyewear franchise, it can be said that this type of business model offers a unique opportunity for entrepreneurs to enter the eyewear industry with an established brand and business model. As an eyewear franchisee, an individual or company can benefit from the support and training provided by the franchisor, which can help ensure a smooth and successful start-up. Eyewear franchises typically offer a range of products, including prescription glasses, sunglasses, contact lenses, and accessories, which can appeal to a broad customer base. Additionally, eyewear franchises can benefit from recurring revenue streams, as customers often need to replace their eyewear products on a regular basis. Overall, an eyewear franchise can be a lucrative opportunity for entrepreneurs who are interested in the eyewear industry and want to leverage an established brand and business model to start a successful business.
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Traditional clothing has started a trend in the fashion industry. Ethnic wear business could be started if you wish to enter this segment.
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A jewelry business franchise involves operating a store that sells various types of jewelry, including rings, necklaces, bracelets, and earrings. Franchisees receive the right to use the franchisor's business model, branding, and other resources to set up and run their stores.
Jewelry franchise owners must be passionate about jewelry and understand the latest trends in the industry. They should have strong communication and customer service skills to build relationships with customers and establish a loyal customer base. Additionally, franchise owners must have good financial management skills to keep track of sales, inventory, and expenses.
In the jewelry business franchise, franchisees receive training and ongoing support from the franchisor to ensure that they have the knowledge and skills necessary to run a successful store. This may include training in sales, customer service, marketing, and inventory management.
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Starting a footwear brand franchise could be a lucrative business opportunity for those interested in the fashion industry. The footwear market is growing rapidly, and there is a huge demand for stylish and comfortable shoes. By starting a footwear brand franchise, you can tap into this demand and build a successful business.
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The preschool business has recently gained significant popularity and has become one of the most lucrative business ideas in the education sector. With an increasing number of working parents, the demand for preschool education has surged in recent years. Parents are looking for a safe and nurturing environment where their children can learn and develop social skills.
Starting a preschool franchise can be a profitable business venture as it offers a steady stream of income and a chance to make a positive impact in the community.
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A competitive exam coaching franchise is a great business opportunity for those who have expertise in a particular field or subject and enjoy teaching others. With the increasing competition and demand for high-quality education, coaching centers have become a necessity for students aspiring to succeed in competitive exams.
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A mobile app franchise is a business opportunity that involves creating and marketing a mobile application that provides a particular service or product. As smartphones continue to gain popularity, mobile applications have become a significant part of our daily lives. Therefore, starting a mobile app franchise can be a highly profitable business venture.
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A competitive exam coaching franchise is a great business opportunity for those who have expertise in a particular field or subject and enjoy teaching others. With the increasing competition and demand for high-quality education, coaching centers have become a necessity for students aspiring to succeed in competitive exams.
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With the increasing importance of education and a growing trend towards personalized learning, there is a high demand for tutoring services. A tutor-finding app can connect students with qualified tutors and make learning more accessible to a larger audience.
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A pharmacy that offers a wide range of medicines and medical products is a lucrative business opportunity. With an aging population and an increased focus on health and wellness, there is a high demand for reliable and accessible pharmacies.
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Bicycle maintenance services are in high demand due to the increasing popularity of cycling as a means of transportation and exercise. Starting a bike/bicycle maintenance service is a lucrative small business idea in the automobile industry. Here are some advantages of starting a bicycle maintenance service:
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Helping students and professionals plan and navigate their career paths can be a fulfilling and profitable business opportunity. With a growing job market and increased competition for positions, career counseling services are increasingly in demand.
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Buying a degree college franchise is a lucrative business idea as it costs low to start a franchise-based college rather than opening your own college. With a growing demand for higher education and a competitive job market, franchise-based colleges can provide an accessible and affordable option for students.
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Certification courses provide valuable skills and credentials in various industries. Starting a coaching business that helps individuals prepare for certification exams can be a lucrative opportunity.
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Buying a school franchise could be quite a beneficiary business idea because of the huge population of school-goers across the world. A franchise-based school can provide an established curriculum and brand recognition to prospective students.
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As the number of travelers is increasing around the world, people are looking for car rentals very frequently. Starting a car rental business franchise can provide a necessary service to travelers and capitalize on this trend.
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Travel agencies are increasingly in demand because of the increasing number of travelers. With a focus on personalized travel experiences and unique destinations, a travel agency can provide a valuable service to travelers.
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Real estate is a vast industry that deals with buying, selling, renting, and managing properties. It encompasses various types of properties such as residential homes, commercial buildings, and vacant lands. The real estate market is constantly changing, and its demand and supply are largely affected by economic and social factors. This makes it a dynamic and challenging field to work in, but also one that can be very rewarding. Real estate has always been considered a lucrative business opportunity for those who have a keen eye for investment and a good understanding of market trends. It offers the potential for high returns and the opportunity to build long-term wealth. However, it requires significant investments and a thorough understanding of the industry, including legal and financial aspects.
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Cab services, also known as taxi services, have become increasingly popular in recent years. With the growing need for transportation, cab services have become a convenient and accessible mode of transportation for people around the world. Starting a cab service business can be a profitable opportunity, as the demand for transportation services is always present. The emergence of ride-sharing apps like Uber and Lyft has also made it easier for individuals to start their own cab service business. With proper planning, marketing, and investment in reliable vehicles and drivers, a cab service business can provide a steady stream of income.
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Snacks and namkeen shops are becoming increasingly popular among consumers worldwide. These shops offer a variety of snack options that cater to different tastes and preferences. Starting a snacks and namkeen shop business can be a profitable venture, as the demand for these snacks is constantly on the rise. With the emergence of e-commerce platforms, it has become easier for these businesses to reach a wider audience and expand their customer base.
Additionally, these shops can be started with low initial investments, making them a viable option for entrepreneurs looking to start a small business. However, it is important to research the market and competition in the area before starting a snacks and namkeen shop business to ensure that it is a viable and sustainable venture.
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Construction machinery is a crucial aspect of the real estate industry. The business of manufacturing and selling construction machinery can be highly profitable as it caters to the needs of a wide range of clients from individual contractors to large construction companies. The increasing number of construction projects around the world has led to a rise in demand for construction machinery, making it a lucrative business opportunity.
There are several types of construction machinery, such as excavators, bulldozers, cranes, loaders, and more. Starting a construction machinery business involves investing in the manufacturing, marketing, and distribution of these machinery types. It requires a significant initial investment, but with proper planning and execution, it can result in high returns.
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Starting a food processing equipment business can be a profitable venture in the food industry. This industry is growing rapidly, and demand for food processing equipment is increasing with it. With the rise of new food businesses and changing consumer preferences, there is an increasing need for high-quality food processing equipment that can help businesses produce food more efficiently and effectively.
Food processing equipment includes various types of machinery used in the food industry to process raw materials into finished products. These machines can be used for a wide range of purposes, including cutting, grinding, mixing, packaging, and more. By starting a food processing equipment business, you can help businesses improve their food production process, reduce costs, and increase efficiency.
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Starting a farming tools and equipment business can be a profitable venture, as agriculture is an essential sector for the world's economy. Farmers require advanced and innovative tools and equipment to increase productivity and efficiency. This business can help in providing the latest technology and equipment to farmers, thereby helping them improve their yield and quality of crops.
The demand for farming tools and equipment is constantly rising, and with the advancement of technology, it is only going to increase further. Additionally, as the population continues to grow, the demand for food will also rise, leading to an increase in demand for farming tools and equipment.
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Starting a hospital equipment business can be a highly rewarding and fulfilling endeavor. This type of business plays a crucial role in the healthcare industry as hospitals and other medical facilities rely heavily on the availability and functionality of their equipment.
Running a hospital equipment business involves identifying the needs of medical professionals and facilities, sourcing and providing high-quality equipment, and offering excellent customer service to build long-term relationships with clients. In addition to the financial rewards, the satisfaction of knowing that the business is helping to improve the quality of patient care in the healthcare industry can also be a great motivator for entrepreneurs.
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Starting a bike reselling business can be a profitable venture, especially if you have a passion for motorcycles. It involves buying and selling used or new bikes to customers who are interested in owning a bike. The demand for bikes is always high, and there are many customers who prefer buying used bikes due to their affordability.
With the increasing popularity of biking as a sport and mode of transportation, a bike reselling business can be a great opportunity to tap into this growing market. Additionally, there are several online marketplaces that make it easy to connect with buyers and sellers, which can help streamline the business and make it more profitable.
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An automobile showroom business can be a profitable venture for those interested in the automotive industry. These businesses typically involve selling new or used vehicles to consumers, as well as offering financing options, vehicle servicing and repairs, and accessories.
With the growing demand for automobiles, especially in developing countries, the automobile showroom business is becoming increasingly popular. Customers are looking for reliable vehicles that meet their needs, and the showroom provides a convenient one-stop-shop for all their automotive needs. In addition, technological advancements and new innovations in the automotive industry are constantly creating new opportunities for businesses to expand their offerings and stay competitive.
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