Health and wellness is among the most financially rewarding industries in any economy. Talking about the Indian health and wellness industry, it has been growing remarkably over the past few years and is giving major investment goals to young and aspiring entrepreneurs. The forever-expanding industry provides financially rewarding business opportunities to aspirants, that too with lower investments.
With the concept of franchising burgeoning in every sector, many business ideas in healthcare and wellness are also getting along well with the concept. Here are the topmost four fruitful health and wellness franchises you could buy with an investment of less than Rs 30 lakhs.
Boutique Fitness Franchise
The concept of boutique fitness is one of the newest trends in the fitness industry. Gone are the days when people used to rely upon gym memberships for maintaining their fitness. These days, people are spending money on boutique fitness studios that provide more of a personal training than gyms. By definition, a boutique fitness studio is a small gym (generally between 800-3500 sqft), which focuses more on a community-like group exercise in one or two specific fitness areas. A boutique fitness studio franchise could be started in Rs 25-30 lakhs and one can expect an ROI in 6 months.
Healthcare Equipment Franchise
Healthcare equipment ranging from products like wheel-chairs and massagers to medical equipment like X-Ray machines and monitoring and testing devices are witnessing steady demand from the market, which is further pushing the whole healthcare industry towards the growth path.
To buy a healthcare equipment franchise, an investment of Rs 15-20 lakhs is required for an area of about 300 to 1000 sq ft.
Bodybuilding Supplement Franchise
The bodybuilding industry is emerging as a wave among the young lads and the Indian fitness industry and poised to become a billion dollar industry. Bodybuilding supplement is yet another vertical in the bodybuilding industry as it helps many people to achieve their bodybuilding goals.
A bodybuilding supplements’ franchise in India requires an investment of 15-20 lakhs for the area of 200-250 sq ft. It is a profitable franchise option that ensures better returns in a time period of 1-1.5 years.
Wellness Centre Franchise
Ayurveda has gained a lot of popularity among the masses in the recent years. Customers are now opting for wellness centres that provide traditional medical systems like yoga and ayurveda for their holistic treatment. Ayurveda offers different business opportunities for people who wish to venture into healthcare sector.
A wellness centre is a low-cost but highly rewarding business option. The amount of investment could be Rs 10-15 lakhs for the area of 600-1200 sq ft.
