These are the four Wellness Franchise Businesses You Can Kick-Start in Hyderabad

Ranked as the fifth most productive metro area of India in terms of GDP, Hyderabad is a centre of attraction for many of the entrepreneurs to grab different business opportunities. It is a city that is continuously evolving with time and is open to new ventures to be associated with its name.

Hyderabad has put its share in the Indian wellness industry by supporting various new business ideas with its wonderful assets. In order to start a business in Hyderabad, you need a good idea with a concrete business plan with a good growth rate, which is unique and profitable.

Here we bring to you four exciting wellness franchise business ideas that offer a promising career in Hyderabad.

Medical Tourism

The estimated revenue generated through medical tourism in Hyderabad in 2018 was nearly Rs 15 crore, and it is expected to surpass Rs 50 crore in the next few years.

With the top-notch quality of medical facilities and ecosystem, Hyderabad is one of the fastest growing cities that support medical tourism in India. An average number of 1000 patients from the Middle East, Africa and SAARC countries land up in Hyderabad for low-cost treatments. Many of the private hospitals have invested a huge amount of money to constantly update medical technology, flight connectivity and world class medical facilities at low costs, thereby making Hyderabad as one of the fastest emerging hubs for medical tourism.

Medical Services

The Indian healthcare industry is showing a dramatic growth and has been one of the most flourishing sectors of business. Thus, a lot of people are interested in investing their money in order to make their debut in the wellness sector.

Hyderabad is known to be a hub for technology-related services, and these days the hospitals and wellness centers are equipping themselves with the latest technology. Hence, a venture into hospitals and other medical services can offer great opportunities in the wellness sector.

Travel Agencies

The scenic beauty of Hyderabad is yet another feature that attracts people from various countries. Therefore, a travel agency business can be a lucrative venture in Hyderabad. A travel agency plans everything ranging from wildlife safari to sightseeing for the tourists who take services from the agency.  A good knowledge of all the tourist places is quintessential in order to start this business. A good travel agency also takes care of  hotel bookings based on the client’s preferences.

The business requires an initial investment of Rs 50,000 to 75,000, and you’re good to go!

Yoga Studio

According to recent studies, yoga studios and fitness centres share 40% of the wellness services in India. Hyderabad is known to be one of the best places to open a yoga studio due to the increased level of awareness among its residents.

The preventive approach of the people of Hyderabad has fueled the market for yoga studios and is captivating the young and aspiring entrepreneurs to venture into the field.

Those who want to start their own business or take up franchisees can join  the FRO 2019, happening in Hyderabad on 9-10 March, to learn more about the franchise business, financial advice, and business advice from the experts. Meet the investors personally and participate to bring about a positive change in the small world of business.