India is slowly coming under this curb of the corporate world where we are losing track of existing shops and ‘bazaars’ or ‘mandis’. In these hustle-bustle days of ours, we all aspire to get our daily needs under one roof.
At present, only a supermarket won’t suffice as the online market or digitized market is moving ahead. This kind of service was crucial during the lockdown. More or less, we are all too busy nowadays to “go and shop” outside, which has increased our dependency on online services like Dunzo, Swiggy, Big Basket, and others.
As a result, several supermarket franchises in India are trying to make alliances or tie-ups with online services like Swiggy and Dunzo to have a value-added service.
It is hard to deny that India is equipped with a growing retail market, and franchising contributes largely there. This certainly creates diversity in the business model, and both online and offline retail franchise gets priority and mostly in times of crisis like the wild spread of COVID-19.
India has about 13 million grocery stores. Food and grocery make up the biggest part of the retail market in the country, with a 65% share. In 2023, the food and grocery retail market in India was valued at around US$719.44 billion. According to Grand View Research, this market is expected to grow by 4% every year from 2024 to 2030. Let’s have a look at the Top 10 supermarket franchises in the country.
Spencer Franchise – Supermarket Franchise in India
Spencer’s Retail Limited is a retail store proposed by the RP Sanjiv Goenka Group. It provides quality products ranging from food, personal care, fashion, home essentials, and electronic goods to customers at length.
Recently, they have added a special section in the name of Spencer’s Gourmet, where you will be able to get imported goods at an affordable price. In addition to this, it has other sections like Wine and Liquor, and Patisserie to add flavor to its store. By introducing Epicuisine, they wanted to cater to their customers with every necessity under one roof.
Spencer is considered to be the earliest inclusion in the retail space of India and there for the first time, it introduced an organized way of retailing. At present, there are approximately 120 stores and 37 hyper stores in 35 cities in India.
Ratnadeep Franchise – Supermarket Franchise in India
Ratnadeep is a renowned supermarket founded by Sandeep Agarwal in 1987. It is a space where you can get high-quality products at a really low price. It ensures an elevated standard of lifestyle for its customers and enables them to experience values including quality, variety, and freshness.
Ratnadeep has indeed set a benchmark for many retail stores in India by creating a shopping experience across major centers of the country.
Needless to say that at present, there are over 130+ stores scattered around Telangana, Karnataka, and Andhra Pradesh, making the lives of their customers easy and grand. Ratnadeep franchise cost in Hyderabad is INR 40-60 lakhs.
Supermarket Franchise
Easy Day
Founded
2008
CEO
Jagan Mohan Rao
Headquarters
New Delhi, India
Total Unit
100+
Website
www.easyday.in
Easy Day Franchise – Supermarket Franchise in India
Easy Day is a friendly neighborhood grocery store that focuses on the needs of local communities. Its small and easy-to-shop stores make daily shopping simple and convenient. Easy Day offers fresh fruits and vegetables, daily essentials, and household items, all at good quality and value. The store listens to what local people want and cares about its customers, making it a trusted place for everyday shopping.
Vijetha Super market Franchise – Supermarket Franchise in India
Vijetha Supermarket has been regarded as the biggest food and grocery retailer in Hyderabad, providing freshness and value-added services to its customers. Mr. Jagan Mohan Rao, the Chairman and Managing Director of the Company, runs on the philosophy that Vijetha retailing is made to give their customer the best service by offering the best deals and seasonal bargains every time.
In 1999, Vijetha opened its first single supermarket in Chandanagar, Hyderabad, with 1000 products, but now, they have succeeded in spreading 25,000 products over 70 stores. They care about their customers’ comfort, and so recently, they started providing them the pleasure of shopping from home by proudly launching an online shopping app named Vijetha Live.
Vijetha is accessible in the state of Andhra Pradesh and Hyderabad with 75+ store locations. Vijetha super market franchise cost in Hyderabad is INR 30-50 lakhs.
More Supermarkets are the most preferred choice of consumers as they can get hold of food, groceries, apparel, and others with ease. It was founded by Aditya Birla Group and by now they have secured franchises in different parts of India within the shortest span of time.
More is only conscious about providing their customers with a more preferred choice of shopping. They are more engaged in implementing cross-functional collaborations to resolve customers’ issues in one go.
It gives 24/7 services to its customers and caters to their needs within the organization. This retail store is firmly committed to assuring its customers of quality products and services consistently. They have around 900+ stores across the country as of 2022.
Star Bazaar Franchise – Supermarket Franchise in India
Star Bazaar is indeed the most significant modern retail store in India. It provides fresh food and groceries to its customers. It is branded by the Tata Group of Companies all over India, including Mumbai, Pune, Kolhapur, Hyderabad, and others.
Star Bazaar is counted in the list of India’s most modern and pioneering supermarkets with a variety of product categories like food, groceries, fresh produce, bakeries, and others. Moreover, it is dedicated to providing immense customer loyalty.
Star Bazaar is regarded as a supermarket format store, positioned as a one-stop store to cater to customers’ daily needs, providing better lives, better service, and better savings to them. STAR is present across 48 stores in Mumbai, Pune, Bangalore, Kolhapur, and Hyderabad.
G-Fresh Mart Franchise – Supermarket Franchise in India
G-Fresh Mart is a friendly neighborhood grocery store that brings together community care and modern shopping. Unlike big, impersonal chains, each G-Fresh Mart is shaped by the local area, offering both popular global products and special local items. Their ‘farm-to-shelf’ idea means you get fresh fruits and vegetables straight from farms, close to home. They also care about the environment by using eco-friendly packaging and helping local farmers. G-Fresh Mart is not just about selling food – it’s about supporting the people and the planet behind it.
Fortune Mart Franchise – Supermarket Franchise in India
Fortune Mart is a grocery store that offers a mix of local food and global products. It cares about the environment, using biodegradable packaging and working to create zero waste. Fortune Mart also has a smart loyalty program that gives rewards to regular shoppers and helps build a strong community. Each store is designed to fit the needs of its local area, so while the brand is big, it still feels local. Shopping at Fortune Mart means supporting a cleaner planet with every purchase.
Hyper Supermarket – Supermarket Franchise in India
Hyper Supermarket is a fast-growing grocery store known for its large, clean spaces filled with both local and international products. It makes shopping easy by offering fresh items, many choices, and good value. The store focuses on keeping customers happy, with both in-store help and easy online shopping. As it grows, Hyper Supermarket also cares about the environment and works with local suppliers, setting a great example for eco-friendly shopping.
Fairway Supermart
Founded
2022
CEO
Jack Murphy
Headquarters
Delhi, India
Total Unit
17+
Website
www.fairwaymarket.com
Fairway Supermarket – Supermarket Franchise in India
Fairway Supermarket, started in 2017, is a special grocery store located in busy city areas. It is known for offering fresh, high-quality food. From local fruits and vegetables to rare and special items like artisanal cheeses and organic produce, Fairway gives shoppers a wide variety to choose from. It’s more than just a place to shop – it’s a fun experience for anyone who loves food.
Conclusion
Providing home delivery services is a plus for Indians, and franchising is currently adding value-added services to it. It is essential to stay competitive in the market, but for that, it is important to quickly restore the business that revolves around supermarket franchising.
So, it can be concluded that supermarket franchises are spreading fast in India, making our lives easier to deal with on a daily basis, and we in this digitized world are getting more succumbed to it.
FAQs
How much does it cost to open a supermarket in India?
The grocery store investment can swing between Rs. 10Lakh to Rs 2 Crores, depending on the size, shape, and capacity of the infrastructure.
Which Supermarket Franchise is best in India?
It is hard to say which supermarket franchise is best in India because there are many.
Is owning a supermarket profitable?
Yes, owning a supermarket is highly profitable as it includes the daily use items that a person needs to buy, and with the option of getting all the required products from a single roof, customers tend to visit supermarkets more frequently.
What is Ratnadeep franchise cost?
Ratnadeep franchise cost is INR 40-60 lakhs.
What is Star Bazaar franchise cost in India?
The Star Bazaar franchise cost is INR 50 – 70 lakhs.
Distribution channels function as how products or services move from their manufacturer to the final customers. Distribution channels secure the correct amount and location, and proper delivery time for all products. The distribution process includes different players like manufacturers and wholesalers and agents and logistics providers, and retailers who handle the product flow along with storage and sales functions. The number of mediators between the producer and end consumer determines whether distribution channels operate as direct systems or through multiple intermediaries, which affects control and cost, speed, and market penetration.
The system of distribution channels establishes how much control companies have over their brand identity, as well as their pricing strategies and customer service standards. Through direct channels, companies maintain direct control, but indirect channels allow for the leverage of intermediary expertise and market reach. The selection of distribution channels depends on the product category, alongside business objectives and strategic direction.
Things to consider while choosing a Distribution Channel
Things to consider while choosing a Distribution Channel
Product Characteristics
Your assessment should focus on whether your product needs special treatment during operations while requiring expert support and dedicated post-sales assistance. The link between perishability and complexity, as well as value and size, determines which channel structure works best to maintain quality and customer satisfaction.
Target Market
The assessment should focus on examining aspects of market distribution as well as customer population size and purchasing behaviors. The market preference for customized service delivery alongside widespread accessibility and VIP experiences determines the best model to deploy.
Company Resources and Capabilities
Your company should assess its financial standing alongside its leadership strength and operational foundation.
Control and Brand Image
The level of control in your business operations determines how you handle pricing, along with customer experience management and brand presentation.
Cost Considerations
A thorough analysis should examine the first-time expenses together with operational expenses and shared profits under every distribution model.
Growth Strategy
When selecting your channels, it is important to match them with your future business development objectives, which include market penetration and scalability, and product line expansions.
Franchise
A franchise operates by letting independent business operators known as franchisees use the established brand and operational model of the franchisor to run their business. Through the utilization of franchisor-provided proven concepts and trademarks and operational guidelines ,franchisees establish product and service distribution in chosen markets to achieve fast and extensive market growth while splitting financial risks and investment requirements.
Key Features
The franchise system enables franchisees to use the franchisor’s intellectual property and standard operations along with their established brand recognition.
The business relationship depends on a contract which specifies franchising rights with corresponding obligations, together with territorial boundaries and payment structures, and quality standards.
Franchisors support operations by providing their franchisees with necessary training and marketing resources and supply chain connections, as well as continuous assistance to maintain performance standards.
Franchisees operate independently as business owners who handle operations and services at their local locations, yet they must comply with franchisor guidelines.
The typical structure for franchise fees consists of initial payments along with continuous royalties and marketing expenses paid by franchisees to their franchisor.
McDonald’s maintains its global market leadership through its strict franchise system that guarantees consistent product quality and customer service.
Starbucks strategically expands its brand across borders through franchising while preserving the established standard of brand identity and customer service.
Coca-Cola operates its product distribution franchise system by delegating exclusive regional bottling and distribution rights to selected partners.
Domino’s grows quickly through franchising by keeping its pizza brand strong while adding new items like pasta, desserts, and sides. It also uses easy online ordering and smooth kitchen operations to help franchisees succeed.
Pros
Quick Market Expansion: A brand can rapidly expand with less capital investment, due in part to the franchisee’s own investment, in local operations, and knowledge.
Brand Consistency: Ensure the customer experiences a uniform treatment from the brand across all sites; this is more so in very formally structured franchise systems.
Shared Risk: Financial risk and operational risk chain along with each other between and franchisor and franchisee.
Local Engagement: These local establishments help build strong relationships with clients and offer good penetration in the market.
Cons
High Initial Investment: Typically, franchisees have to pay a significant set of initial costs, including franchise fees and the setup of the franchise.
Ongoing Fees: Paying royalties for franchisee operation every month might affect them to some extent under profit.
Limited Autonomy: At times, they are restricted from even taking business decisions, especially when it comes to standardized systems.
Dependency: Franchisee depends on franchisor for quality of products, the reputation of the brand, and the stability of the supply chain.
Territorial Restrictions: Growth could be limited through exclusive territory agreements
The distributor is a form of the indirect distribution channel, wherein the independent distributor buys the goods from the manufacturer and sells them either to retailers, other businesses, or sometimes directly to consumers. Being logistical, storage, and marketing expansion entities, distributors give manufacturers the liberty to focus on production and innovation.
Key Features
Distributors meet the need between manufacturers and markets by seeing to it that goods flow from production to end users.
Distributors procure goods in large quantities, store them, and dispatch them on time to retailers or customers, saving manufacturers problems of storage and logistics.
Distributors utilize their networks to penetrate new territories into new customer segments, thus allowing brands to reach the wider audience.
A lot of distributors train their retailer and customer base as well as provide technical and after-sales services. They may sometimes also assist with marketing activities.
Relations are based on contractual agreements that stipulate purchase quantities, territories, and service expectations.
Examples from the Real World
A distributor is used byUnilever andProcter & Gamble to distribute products to retail stores across the country.
Spare parts are sold to mechanics and retailers through Aquino distributors by Bosch and SKF.
Samsung and LG use distributors to reach regional retailers and wholesalers.
Distributors are often used by 3M andHoneywell for technical products and industrial supplies.
Pros
Greater Market Reach: Manufacturers can enter new markets and reach additional customers through distributor networks.
Lighter Operational Burden: Distributors function typically as warehousing and logistics arms, handling transport, so manufacturers need to do minimal to no deployment.
Lower Upfront Costs for Manufacturer: The distributor assumes risk concerning inventory purchase and local-level marketing.
Scalability: Sales and distribution can be scaled more easily without much direct investment in infrastructure or personnel.
Cons
Less Control: Manufacturers have little control over pricing, customer experience, and other brand representation aspects at the point of sale.
Profit Sharing: Manufacturer profit margins are decreased because a distributor takes its share of the sales proceeds.
Dependency Risks: Over-dependence may lead to risks upon either distributor underperforming or shifting its focus.
Possible Conflicts in Channel: A distributor may have conflicting interests since they could represent competing brands.
The dealership business model represents a western indirect channel wherein the dealers are independent businesses empowered by the manufacturer or supplier to sell, and sometimes service, their products in a specified territory. The dealers purchase goods from the manufacturer or distributor and then resell them to the end customers, offering, in some cases, pre-sale consultation and after-sales support.
Key Features
Dealers operate under official recognition by the manufacturer to sell their products to customers and are allowed to use the brand in various forms of marketing and signage.
Dealers may be granted exclusive or semi-exclusive rights to operate in a given geographic location, thus decreasing competition amongst dealers of that same brand.
Dealers, theoretically, purchase and take ownership of inventory, including possible unsold stock.
Dealers are the primary points for customers to interact, from selling and demonstrating a product to negotiating payment terms and financing options, including after-sales service.
Dealers are supposed to uphold the manufacturer’s standards for customer experience, service quality, and even the visual appearance of operating facilities.
Examples from the Real World
Toyota,Ford, andMaruti Suzuki distribute their vehicles through more than dealer networks, and they sell their service through this network.
John Deere, Mahindra, along with their dealers, are authorized to sell and service tractors and farm machinery.
Whirlpooland LG brand appliances and electronics are marketed through their authorized dealers, sometimes with dedicated showrooms.
Hero MotoCorp and Honda have dealership networks for sales and after-sales service.
Pros
Local Market Expertise: Dealers bring knowledge of local markets, consumer preferences, and the competitive environment.
Reduced Burden for Manufacturers: A manufacturer can spread its business without building its own retail infrastructure or salesforce.
Customer Service: Dealers provide services, support, and product education, on the spot, to enhance customer satisfaction and promote loyalty.
Scalability: Through independent entrepreneurs, the setup supports rapid expansion into new territories.
Cons
Less Control: A customer perceives less control or ownership by the manufacturer of its dealer network in day-to-day operation, which can sometimes raise issues concerning brand consistency or customer experience.
Intrade Channel Conflicts: Dealers are often selling competing brands or giving priority to those brands that pay higher margins for their services.
Inventory Risk: When it comes to inventory, the dealers bear the brunt of the risk from unsold goods. If the products do not sell as anticipated, it might strain their relationship with the manufacturers.
Inconsistent Service Level: The customer experience is not necessarily consistent across the board, and that variability becomes a damaging extension of the brand.
In conclusion, franchise, distributorship, and dealership models are very important kinds of distribution channels because they seek to expand the market served by the product, depending upon local expertise, to ensure operational efficiency in their activities. Control, investment, risk, compliance issues, and customer engagement present particular challenges and benefits in each channel. The proper channel thus depends on the product characteristics, market goals, resources, and the degree of control that is desired. By focusing on these parameters, the company can determine which method serves best in attaining long-term growth and brand consistency. A legitimately picked outlet channel does more to drive sales than foster the intimacy of the relationship between the channel and the consumer.
FAQs
What are distribution channels and why are they important?
Distribution channels move products from manufacturers to customers and help ensure timely delivery, market reach, and customer satisfaction.
How do franchise models differ from distributorship models?
Franchises use the brand’s full model and support system, while distributors buy and resell products independently.
How do I choose the right distribution channel?
Consider your product type, market, resources, control needs, cost, and growth goals.
Can a company use multiple distribution channels?
Yes, but it requires careful management to avoid conflicts and ensure brand consistency.
For a long time now, India’s cosmetics and personal care industry has been disorganized. This is primarily because this segment was exclusively accessible in urban areas, where women tend to be more knowledgeable about these types of services. Nevertheless, things have changed lately, and greater development can be seen in India’s tier 2, 3, and 4 cities. This change has opened up new markets for numerous national and international brands in the beauty and grooming industries in these cities, where demand has surged. After years of disorganization, this industry is finally beginning to take shape. With the rise in disposable incomes and changing consumer preferences, the salon franchise sector has become a thriving market in the country. As entrepreneurs seek to capitalize on this booming industry, it becomes crucial to explore the top salon franchise opportunities available in India.
The franchise model has allowed several well-known brands to enter new markets, including Lakme, Jawed Habib Hair & Beauty Salon, Shahnaz Husain, and many more. The franchise model has provided these companies with fresh opportunities to expand their operations and strengthen their brand recognition.
In this blog post, we delve into the world of beauty and wellness to unveil some of the most prominent beauty parlor franchises across the country. From renowned brands associated with celebrity hairstylists to established chains offering a wide range of beauty services, we present a curated list of top salon franchises in India.
From the glamour of Lakmé Salon to the expertise of Jawed Habib Hair & Beauty Ltd, and the innovation of Green Trends, each franchise brings its distinct flavor to the beauty industry. Join us on this enlightening journey as we uncover the top salon franchise opportunities that have become synonymous with quality, professionalism, and customer satisfaction.
Beauty Salon Franchise Market Size and Projections
The beauty salon franchise market was worth USD 1.5 billion in 2024. It is expected to grow to USD 3.5 billion by 2032, with an average yearly growth rate of 10.5% from 2025 to 2032. The report includes different market segments and explains the key trends and factors helping the market grow.
Beauty Salon Franchise Market Size and Projections
The beauty salon franchise market is growing fast because more people are spending money on wellness and personal grooming. Social media and influencer marketing have made self-care and beauty trends more popular, bringing more customers to salons. Franchises are a good business option because they offer trusted brands, standard services, and can grow easily.
The demand for special services like spa treatments, hair care, and skincare is also helping the market grow. New markets and the use of modern tools like digital payments and online booking are also making the salon franchise business stronger.
Top Salon Franchise in India
Below are the Top Salon Franchise in India that you should consider for business in 2025:
In 1971, with a loan of Rs 35,000 from her father, Shahnaz Husain opened her herbal salon in her home. To capitalize on its meteoric rise to salon industry stardom, Shahnaz Husain introduced its franchising business model not long after. Currently, the Shahnaz Husain beauty parlor franchise has more than 400 franchise outlets across the country and abroad.
Renowned for her astonishing and ageless allure, Shahnaz Hussain has established a chain of salons that reflect her captivating persona. The Shahnaz Hussain group is a highly acclaimed beauty parlour franchise in India, revered for its commitment to utilizing Indian Herbal and Ayurvedic methods to fulfill customers’ beauty needs. These salons embody a harmonious fusion of luxurious settings and ancient beauty traditions, offering a unique experience that caters to discerning clients.
With a franchise opportunity that extends to both salon establishments and international training centers, the Shahnaz Hussain group invites entrepreneurs and beauty enthusiasts alike to be a part of their remarkable journey. By embracing this beauty parlor franchise, individuals can immerse themselves in the legacy of Shahnaz Hussain, leveraging her renowned expertise to create exceptional salon experiences. Shahnaz Husain is in the list of top 10 salon franchise in India.
Shahnaz Husain’s clinics are quickly growing because of their unique franchise system. With this system, a franchisee can use the Shahnaz Husain’s Group name and treatments, and they can also make money by selling goods. The franchisee, on the other hand, is expected to get specialized training at Shahnaz Husain’s beauty therapy school and meet the demanding standards of a well-known global brand, making Shahnaz Husain one of the best salon franchise businesses in India.
As a part of the Tata Group, JRD Tata founded Lakmé in 1952 at Prime Minister Jawaharlal Nehru’s specific request. Lakmé, a beloved cult favorite brand in the country, has established its presence far and wide with its extensive network of salons. Renowned for its impeccable reputation and quality products, Lakmé is a trusted name that customers rely on. To meet the needs of Indian women, the cosmetics company Lakme provides a wide range of skincare and beauty products. It comes as no surprise that venturing into a Lakmé salon franchise proves to be a highly profitable option.
Having said that, Hindustan Unilever is currently the parent company of this hair salon franchise. 450 salons are owned, managed, or franchised by Lakme. It is highly visible in major cities and tier 1, 2, and 3 cities.
Lakmé, the best salon in India, has the primary objective of upholding its exceptional standards. The company places great importance on customer satisfaction, prioritizing the delivery of top-notch beauty services. If you are a talented beauty expert seeking a rewarding opportunity, the doors are already open for you to join this prestigious franchise.
By meeting the brand’s high standards, prioritizing customer satisfaction, and leveraging your beauty expertise, you can embark on a rewarding journey in the world of Lakmé salons.
Everything from managing the business and training employees to enhancing their soft skills is part of the Lakme Salon franchise. To appeal to its female target market, Lakme has designed enticing student and women’s packages. One may say it’s one of the best franchises in India.
Top Salon Franchises in India – Jawed Habib Hair & Beauty Salon
Jawed Habib established Jawed Habib Hair & Beauty in 2005 following his graduation from the Morris School of Hair Design and extensive work experience with prominent companies in the industry. Jawed Habib himself is a renowned name that is celebrated for his exceptional skills and expertise. The trust placed in his brand extends beyond his services to encompass his line of trusted products. Consequently, opting for a Jawed Habib salon franchise presents an enticing opportunity for substantial profitability.
The Jawed Habib salon franchise requires an area ranging from 600 to 1000 square feet, providing ample space to create a welcoming and stylish environment. The services offered by this franchise encompass a comprehensive range of hair treatments, as well as indulgent manicures, pedicures, and facial treatments. By catering to the diverse beauty needs of clients, your Jawed Habib salon can become a one-stop destination for head-to-toe transformations.
Jawed Habib Hair & Beauty is well-established not only in India, where it has over 900 franchised salons, but also in neighboring countries such as Nepal, Dubai, Bangladesh, Singapore, and Kenya. Nevertheless, the key to successfully achieving the desired level of brand visibility and popularity is the strategic positioning of these Jawed Habib Hair & Beauty clinics.
Malls, main avenues, airports, and locations close to train stations are some of the most popular locations for the salons. This makes the brand’s haircut and other services easily accessible to the target audience on time. Jawed Habib Hair & Beauty is currently seeking to expand to four or five cities, which is great news for franchisees.
In the year 2000, K Veena established Naturals Salon in the city of Chennai. After finding success in the Chennai market, Naturals Salon expanded into franchising in 2006 and now boasts over 750 locations across the nation. Naturals Salon is a prominent name in the beauty and grooming industry in India, offering a range of services to cater to diverse beauty needs.
If you are considering a beauty franchise in India, Naturals Salon presents an exciting opportunity to join its successful brand and tap into the growing demand for professional salon services. The Naturals Salon offers three distinct franchise models. The first option is the Naturals Unisex Salon, which calls for a space of 1000-1500 sq. ft. and an investment of 50-55 Lakh. The second option is Signature, which falls somewhere between 60 and 70 lakh and covers a space of 1200 to 1800 sq. ft. Thirdly, Naturals Ayur offers advanced beauty treatments as well as traditional ayurvedic medicines, all in one place. It needs an area of 1200 to 1800 square feet and an investment of 55 to 65 Lakh.
One of the most enticing aspects of partnering with Naturals Salon is the extensive training and support provided to franchisees, especially for those venturing into business for the first time. Naturals Salon also offers an attractive pay-back period, typically ranging from 2.5 to 3 years. In addition to financial and operational support, Naturals Salon offers ongoing assistance in marketing and branding.
Top Salon Franchises in India – Studio11 Salon and Spa
In 2013, Bhuvana Balakrishnan established Studio11 Salon and Spa in Bangalore. All outlets of this salon franchise get 3D visuals and 60 days of turnkey erection. Studio 11 Salon is committed to providing a holistic salon experience, combining innovative techniques, skilled professionals, and a welcoming ambiance. With a range of services that cover hairstyling, skincare, makeup, and more, Studio 11 Salon caters to the diverse beauty needs of its clientele.
As a Studio 11 Salon franchisee, you have the opportunity to become a part of this thriving brand and benefit from its well-established reputation. The company will accept the franchise with commercial property with a floor area of 800-1500 sq. ft. The location is preferred to be in an upscale residential colony. The franchise owner should promise expertise in the beauty industry. The company will help with marketing and training. Studio 11 franchise cost is INR 30-35 lakhs.
Studio11 Salon and Spa offers a comprehensive 45-day training program that covers every step of operating a salon or spa. This beauty parlor franchise has developed cutting-edge digital marketing strategies to increase foot traffic at its locations across the country and around the world. These strategies include social media optimization (SMO), search engine optimization (SEO), and paid search advertising. Studio11 Salon and Spa is one of the rapidly growing and top salon franchises in India.
Established at 23 Old Bond Street in 1911 by Edwin Hill & Co., the barbershop was later joined in 1935 by H.P. Truefitt, nephew of Francis Truefitt, to form the still-existing Truefitt & Hill. Apart from being one of the top salon franchises in India, Truefitt & Hill is also renowned as the world’s oldest barbershop and holds a prominent place in the grooming industry. Now, you have the chance to bring this heritage and excellence to India through exclusive franchise opportunities. With a focus on providing exceptional service and cutting-edge hairstyles, Truefitt and Hill have become the most rapidly expanding beauty parlour franchise in India. Customers can now schedule appointments from the comfort of their own homes or offices using this innovative app, doing away with the need to waste time standing in a queue or making unnecessary travels. For those in search of first-rate assistance, this presents an excellent opportunity to do business with Truefitt and Hill.
As a franchisee, you will have the privilege of representing this esteemed brand, offering a range of tailored services that cater to the discerning tastes of the modern gentleman. From classic shaves and haircuts to personalized grooming experiences, Truefitt & Hill sets the benchmark for unrivaled elegance and attention to detail.
Embrace the opportunity to be part of Truefitt & Hill’s legacy and elevate the grooming industry in India with unparalleled sophistication and style.
Nitin Kalwani opened Juice Salon in Mumbai in 2001. Across India’s metros and mini-metros, this beauty parlor franchise serves the demands of celebrities, trendsetters, and avid fashion followers. Juice has been around for nearly 20 years, and in that time it has established itself as a gold standard in the beauty, nail care, and hair care industries.
As a franchisee, you will have the opportunity to collaborate with Juice Salon, a leading name in the industry, and contribute to its continued success. Collaboration with well-known professionals, technical and administrative training, staff recruiting aid, association with major brands, and monthly investor support are just a few of the many benefits offered by the Juice Salon franchise.
Juice Salon is committed to supporting its franchise owners every step of the way. From devising effective marketing strategies to evaluating ideal locations, designing captivating salon interiors, and establishing seamless operational systems, Juice Salon will provide comprehensive assistance to ensure your success. Juice Salon’s royalty structure is set at 9%, allowing you to enjoy the fruits of your hard work while still contributing to the brand’s growth and development.
Food and beverage powerhouse CavinKare founded Green Trends in 2002 in Chennai. Nevertheless, Green Trends Franchise was established in 2010 to expand its scope. Presently, there are 75 outlets in India. Green Trends Salon is renowned for its exceptional services and a team of friendly and skilled staff. If you are looking for a rewarding franchise opportunity in the beauty industry, Green Trends Salon invites you to join its esteemed network. With a commitment to excellence, Green Trends has become a trusted name in the salon industry.
The investors in this unisex salon franchise receive comprehensive help throughout the whole salon startup process, from finding a suitable location, negotiating a leasing agreement, creating a detailed project plan, and staff evaluation and training, up to the grand launch. As an added bonus, Green Trends’ help doesn’t stop with the initial setup. Franchisees are guided to properly run their salons regardless of their degree of business experience through ongoing business guidance, performance reviews, salon inspections, and an audit procedure.
To establish a Green Trends Salon franchise, the minimum required carpet area should be between 800 and 1400 square feet, with a frontage of 15 to 20 square feet. If you are interested in becoming a Green Trends franchisee, take the initiative and apply through their official website. Green Trends Salon understands the importance of providing comprehensive support to its franchisees. From training programs to pre-launch promotions and vendor management, the company will guide you through every step of setting up and running your salon.
Top Salon Franchises in India – Neeldavid’s International Salon
In 2006, Neeldavid Katwal of Nepal established Neeldavid’s International Salon. The Neeldavid Franchisee model is booming in nations like India and Nepal, among others. Neeldavid’s International Salon, a brand dedicated to fashion and trends, offers a comprehensive range of top-notch hair and beauty services. With a strong focus on quality, Neeldavid’s International Salon has emerged as a frontrunner in the hair fashion industry in India. The hallmark of Neeldavid’s International Salon is its commitment to quality. With a successful business model in place, the franchise offers tremendous potential for income generation.
With 500-800 sq. ft. required area, they promise a 50% profit margin in the initial years. Embrace the opportunity to be part of Neeldavid’s International Salon, where fashion meets quality, and unlock the potential for a thriving business in the dynamic hair fashion industry.
Thanks to their unwavering commitment to excellence, Neeldavid’s International Salon has risen to the top of India’s hair fashion business. Consistent, high-quality service is what sets Neeldavid’s International Salon apart. A sustainable business model with a strong brand presence, extensive support for salon setup, and professional training are just a few of the benefits offered by this hair salon franchise. Neeldavid’s International Salon offers the lowest salon franchise cost in India, making it one of the cheapest salon franchise in India.
Strands Salon has been in business since 2005 in Chandigarh. Naunihal Singh founded this salon franchise. As of right now, the firm has 65 retail locations throughout 9 states. True to its name, Strands Salon is dedicated to transforming your strands into luscious, glossy locks. If you are considering a franchise opportunity, Strands Salon offers an array of provisions to ensure a seamless and rewarding experience. With a required area ranging from 850 to 2000 square feet, there is ample room for customization and growth. The facilities provided by Strands Salon are immense, promising an impressive return on investment, along with comprehensive training and effective marketing strategies.
Strands has just become a Wella partner; the company runs three distinct salon types—Standards Lounge, Strands Studio, and Strands Salon-n-Spa—and an academy to train future hairstylists. Today, Strands is a group of around 500 people working out of 65 franchise locations, making it one of the top salon franchises in India.
Embrace the opportunity to join Strands Salon and tap into their immense facilities, impressive return on investment, and comprehensive training and marketing support.
Top Salon Franchises in India – Cut and Style Salon
Cut & Style Salon was started in 2000 by Dinesh Sharma and Rajesh Yadav in Gurugram. Cut and Style Salon has become the go-to destination for individuals seeking a fresh look at a reasonable price. If you are considering a salon franchise, Cut and Style offers a seamless and accessible opportunity. This beauty salon franchise ensures that both sides achieve outstanding execution by taking this method, which leads to a long-lasting and beneficial partnership. Cut & Style Salon has been serving customers for over 23 years in over 100 locations throughout 20 cities. The brand sets itself apart by providing support with site selection, a process typically handled before the agreement. In addition, Cut and Style offers technical support, design and interior ideas, and comprehensive training to ensure a successful franchise journey.
The cutting-edge organizational structure of Cut and Style provides its franchises with exceptional support in a wide range of areas, including accounting, marketing, and operations. By encouraging a sense of community, this salon franchise hopes to get more customers and build a strong network. It is one of the top salon franchise under 10 lakhs in India.
Cut & Style is committed to providing its business outlets with exceptional services that will make their customers feel sophisticated and delighted while keeping prices low.
Best Salon Franchise in India – Vikas Marwah’s Hair and Salon Academy
Vikas Marwah’s Hair and Salon Academy was started in 2010 by Vikas Marwah in Mumbai. Vikas Marwah’s Salon specializes in delivering signature haircuts that embody the latest trends and showcase edgy styles. With a team of skilled professionals, the salon offers innovative hairstyles that leave clients feeling fashionable and confident. Alongside the hair services, Vikas Marwah’s Salon also provides a range of trendy beauty treatments that cater to the evolving beauty needs of its clientele.
By capitalizing on the salon’s current appeal and consistently delivering exceptional services, you have the potential to turn Vikas Marwah’s Salon into a highly profitable venture.
This beauty salon franchise plans to grow its business by franchising and working together with other retailers. The Vikas Marwah Hair and Salon Academy is active in every business partnership and franchise. There are three ways to run this salon franchise. Fashion Kiosks need 100 to 150 square feet of space to run, Studio Salons need 300 to 400 square feet of space, and Hair & Beauty Salons need 700 to 1000 square feet of space. Vikas Marwah salon franchise is one of the cheapest salon franchises in India.
Top Salon Franchises in India – Louis Unisex Salon
Louis Unisex Salon is a globally recognized and trusted name in the salon industry. With a vast network of approximately 4000 salons spanning over 90 cities, Louis Unisex Salon has established its presence both nationally and internationally. When you secure this franchise, your path to success is paved, as the brand offers comprehensive solutions for marketing, design, training, and business planning.
Best Salon Franchise in India – Shab’s Beauty Salon and Bridal Studio
Shab’s Beauty Salon and Bridal Studio understands the importance of comprehensive support in ensuring franchise success. With a strong commitment to assisting franchisees, Shab’s Salon provides complete support in training and designing, catering to all the needs of the franchise. The brand is renowned for its exceptional pre and post-training solutions, ensuring that franchisees have the necessary tools and resources to flourish. It is one of the top 20 salon in India.
With a focus on providing exceptional services, Shab’s Beauty Salon and Bridal Studio has become a go-to establishment for individuals seeking top-quality beauty treatments and bridal services.
Sanjay Dutta opened Looks Salon in New Delhi in January 1989. Looks Salons are extremely popular among young Indians for their trendy hairstyling techniques. Renowned for their ability to stay ahead of the curve, Looks Salons offers a wide range of services, including beauty treatments and massages. With a required area of just 250 square feet, Looks Salons proves that great things come in small packages. To maintain their exceptional standards, Looks Salons ensures that their staff is highly trained and excels in the field. The franchise fee of Looks Salon is INR 5 Lakhs which makes it one of the best salon franchise under INR 10 Lakhs in India.
This salon franchise has been growing every year, and now there are 162 salons in 14 different cities across India. Looks Salon is planning to open 200 more salons and already has over 6,000 workers all over India. Looks Salon helps investors find the best place to put their business in a place where they can reach the right people. It has a specialized area manager who will help investors with the whole rollout plan, from the launch to planning and carrying out regular sales and marketing activities.
Geetanjali Salon has traversed an incredible journey, transforming from a small-town salon to a prominent group in the Indian market. The brand’s growth is a testament to its commitment to excellence and customer satisfaction. Geetanjali Salon provides exceptional support to its franchisees, offering comprehensive training, marketing assistance, and expert salon design. With its rich history and outstanding reputation, Geetanjali Salon is a name that resonates throughout the market. The Geetanjali salon franchise cost is INR 50 Lacs.
Apple Hair & Beauty Services Pvt. Ltd. offers a diverse range of beauty services, including salon treatments for beauty, makeup, hair, nails, and spa, along with franchise opportunities and esteemed in-house training institutes. Starting with a single outlet in Pune in 1993, Salon Apple has expanded to over 45 locations across Maharashtra and is now growing nationwide. With a customer base of over 40,000, the company provides comprehensive franchise support, covering setup, location selection, operations, training, process management, equipment, and marketing assistance.
Best Salon Franchise in India – Louis Unisex Salon
Louis Unisex Salon was established in 1990 and began offering franchises in 2018. With around 10 to 20 operational units, the brand requires an initial investment ranging from INR 25 lakh to INR 50 lakh. Known for its global reputation, Louis Unisex Salon provides robust support, including staff training and marketing assistance, to franchise partners.
Additionally, the brand emphasizes high-quality services and luxury grooming experiences, making it a preferred choice for premium clientele. Its strong brand presence and comprehensive franchise support make it an attractive opportunity for aspiring salon entrepreneurs.
Conclusion
It is expected that organised retail beauty services will grow at a rate of over 30%. This means that the market for salon businesses will triple in size. Salons are spread out over a large area, and unorganised competitors hold a significant 75% of the market. The beauty parlour franchise cost in India can vary widely depending on the brand, starting from as low as INR 2 lakhs and going up to INR 50 lakhs or more. Although things are changing because of these franchise companies, which are making the salon business more organised. All of these changes are making the beauty industry look more exciting, and they are also paving the way for future business growth and expansion. Salon investment in India varies widely, ranging from budget-friendly kiosks to premium luxury salons, depending on location, brand, and setup costs.
Salon franchises offer a promising business opportunity in the beauty and grooming industry. With the increasing importance placed on personal appearance and self-care, people are willing to invest in well-trained professionals and friendly salon environments. As an essential service in today’s world, a salon franchise allows entrepreneurs to meet the demand for professional grooming services while building a profitable business. Embrace the opportunity to be part of the flourishing beauty industry and provide customers with the confidence-boosting services they seek.
FAQs
What is a salon franchise?
A salon franchise is a business model where individuals can invest in and operate a salon using an established brand’s name, systems, and support. Franchisees benefit from the brand’s reputation, marketing strategies, training programs, and ongoing support to build and run a successful salon business.
Which salon franchise is best in India?
Some of the best salon franchise in India are:
Shahnaz Hussain
Lakme
Jawed Habib Hair and Beauty Salon
Studio11 Salon and Spa
Truefitt & Hill
Juice Salon
Green Trends
Neeldavid’s International Salon
Strands Salon
Cut & Style
Vikas Marwah’s Hair and Salon Academy
Louis Unisex Salon
Shab’s Beauty Salon and Bridal studio
Looks Unisex Salon
Geetanjali Salon Franchise
How much does it in to open a salon in India?
You need approximately INR 30-50 lakhs to open a salon franchise in India.
Is salon business profitable in India?
Salon and spa industry is one of the most profitable business ventures in today’s times, internationally as well as in India.
What kind of support can I expect from a salon franchise?
Salon franchises typically offer comprehensive support to their franchisees. This support can include assistance in site selection, salon design and layout, marketing strategies, staff training, operational guidance, and ongoing support to ensure smooth operations and success.
How can I apply for a salon franchise in India?
To apply for a salon franchise in India, you can typically visit the franchisor’s official website or contact their franchise department directly. They will guide you through the application process, provide you with the necessary information, and assess your suitability as a potential franchisee.
What are salon franchise under 1 lakh in India?
Finding a salon franchise under ₹1 lakh in India is rare. However, small beauty kiosks, home salon services, and low-cost franchise models may be available. Consider brands like Yes Madam, Naturals (mini models), or local startups offering budget-friendly options. Always check franchise fees, setup costs, and support before investing.
What is Looks salon franchise cost?
The investment for a Looks Salon franchise starts at approximately INR 1.25 crore (INR 125 lakhs) and typically ranges between INR 1 crore to INR 1.5 crore, including a one-time upfront franchise fee.
What are salon franchise under 5 lakhs in India?
Some salon franchises in India that offer options under INR 5 lakhs include Vikas Marwah’s Hair & Beauty Studio, Strands Salon (Express Model), Neeldavid’s International Salon, Studio99 Salon (Kiosk Model), and Spa Palace.
Which is the cheapest salon franchise in India?
Neeldavid’s International Salon offers the lowest salon franchise cost in India, making it one of the cheapest salon franchise in India.
This article has been contributed by Mr. Gagan Anand, Founder, Scuzo Ice ‘O’ Magic.
In the contemporary fast paced and competitive business, strategic brand positioning is crucial for the success of any franchise. Remaining relevant has increasingly become more important and difficult due the combined pressure of active digital media, unreliable customer behaviour influenced by new trends as well as high competition in the market. A well-positioned brand not only resonates with its target audience but also establishes long-term loyalty, driving profitability and growth.
How a brand is perceived in the minds of the customer is called brand positioning. For a franchise, this involves crafting a distinctive value proposition that appeals to both franchisees and end customers. The strategic aspect of brand positioning ensures that this value proposition is consistently delivered across all locations, ensuring brand integrity and customer trust.The objective is to establish a different yet compelling image that relates to the target audience on multiple levels. For franchise models to survive, it is essential to create a balance between larger narrative by the brand as well as the local adaptability by the franchisees.
Key Elements of Strategic Brand Positioning for Franchises
1. Target Audience Alignment
One needs to have clarity while defining their target audience as it should align with the brand positioning. Every franchise should define their target audience on the basis of gender, age, financial background, cities they belong to and their food choices in this case. Once defined, it would become easier for the brand to generate marketing messages and services accordingly. The franchise brand should constantly be aware of the changing trends and preferences especially of their targeted segment to remain relevant in the saturated market.
2. Clear Differentiation
The franchise should be aware where they stand in the ecosystem. These unique selling points can help them define their perceived image in the minds of the customer. These differentiators could be anything from product innovation, price, customer service in terms of convenience etc. Further brands can also incorporate their USP’s to create a competitive edge in the market. The demarcation allows the target audience to have a clear relation with the brand.
3. Brand Consistency
Maintaining brand consistency is one of the most difficult challenges for any franchise. The brand should offer unified guidelines of marketing and training programs to avoid any discrepancies in engaging with the customer. This consistency across all locations would allow the customer to establish brand loyalty and assurity to be served with the same product offering and brand messaging. Centralized practices help in building trust and recognition.
One of the major ways a franchise can maintain consistency is by having sufficient inventory. Lack of inventory can lead to bad customer experience and avoidance of that franchise in future due to lack of products. First impressions last a long time and failure to service would discourage the customer to repeat visits which would in turn not only lower the expected business for the franchise but would damage the brand’s image.
Localised flexibility is essential for the success of a franchise. While maintaining the brand identity, franchisees should also adapt the culture and preference of the region. For example, McDonalds has been doing this since inception where it introduces food inspired by the local flavours and hence establishes a connection with the said market. In a similar fashion, franchisees by incorporating local tastes will create stronger connect with the customer base.
5. Digital Presence and Innovation
World has gone digital now and what is visible in digital space is what sells. Franchise should prioritise its online presence to strengthen the brand reach to its audience.
For franchises, it’s vital to provide localized digital marketing tools to franchisees, allowing them to promote their stores while keeping the brand’s voice intact. Introducing a strong marketing plan, advertising and leveraging social media would enhance its existence and recall value. Technology and innovating customised customer experience with the help of data analytics and AI plays a major role to promote brand loyalty.
6. CSR initiatives
Modern consumer base is more inclined towards brands that favour sustainability and CSR activities. One way to promote sustainability is by introducing eco-friendly packaging, educating people about organic sourcing, and involving the community. Such practices would help the customers to build stronger connections with the brand and establish brand loyalty.
Role of Franchisees
Franchisees are the brand itself in the eyes of the customer, hence they play an important role in establishing brand consistency and customer perceptions. Brands should involve franchisees in strategic decisions and provide the necessary tools to help them succeed in delivering the brand’s value proposition. By fostering a collaborative relationship between the franchisor and franchisees, brands can ensure consistency while leveraging the local knowledge and expertise of their franchise owners.
To sum up
Strategic and deliberate brand positioning practices involve two aspects – consistent brand identity and localised adjustment. Through the identification of the ideal customer segment, franchisees can establish a strong image and brand loyalty in the market. On the same page, brands should embrace and support franchises in order to quickly and ethically scale their business and engage with their targeted audience in a seamless manner. By sharing responsibility for customer services, brands can focus on product innovation and elevating the brand’s perceived experience. A successful franchise is one that focuses on market positioning and unified experience.
The latest edition of the Indian Premier League (IPL) is here now in 2025, and naturally, we are in the midst of the cricket frenzy with players set in action, the religious fans of the game all thrilled and waiting for their favorite matches, and the franchise owners and other businessmen anticipating great returns out of it. The Twenty20 Cricket League allows the best cricket players around the world and gives them a chance to showcase their talent. The key business plan of the IPL is to invite private companies to buy cricket franchises.
The franchises are sold at huge prices, so the corporates are largely attracted to invest in various other major components of IPL. Regarding the Indian Premier League auctions, teams spend crores of rupees just to get the desired players. With the kind of money involved in the league, it is hard to ignore the financial aspects of the game. In terms of the valuation, the IPL business value was calculated to be $16.4 billion as of 2024 and the stand-alone IPL brand value stands at $3.4 billion as of 2024.
According to BCCI, the 2023 IPL season contributed $11.2 billion to the GDP of the Indian Economy. The viewership of IPL 2024 reached the 620 million viewer mark and was watched by more than 350 billion minutes, which is much higher than the total watch time of IPL 2020. Therefore, IPL is as much about business as it is about cricket, glitz, and showbiz. Here are the right prominent ways to answer how IPL franchise earn money.
The official media sponsor of the IPL for the last decade was Sony India, and then Dream 11. The current title sponsor of IPL is TATA Group. Disney+Hotstar is declared as the official broadcaster of IPL 2022, which has further onboarded new sponsors, Zomato, Pristyn Care, Ather Energy, Parle Agro, Livspace, Niyo, Spotify, L’Oreal, Spinny, ahead of the cricketing extravaganza.
IPL is known for its revenue distribution model. The BCCI gets a substantial amount from broadcasters and online streamers. Based on IPL franchises to earn money, and IPL team ranking, this amount is distributed among all IPL teams after deducting their fees.
Media rights are another way how franchises earn money in IPL. They are the IPL brand’s biggest financial contributors. Star India reportedly broke the bank in 2023 to buy IPL broadcasting rights for a massive INR 23,575 crores. Each match of the IPL reportedly helps BCCI make INR 60.18 crores, while the latest bid in the BCCI media rights auction stands at INR 23,758 crores, which amounts to INR 59.10 crores per match.
The broadcasters can afford such exorbitant prices because of the advertising and viewership revenues. At the end of the league, the higher-ranking team gets the larger share of media revenue. Media rights account for 60 to 70% of the total earnings of the IPL team, through which IPL team members earn money. Besides that, the IPL franchises also make money by broadcasting special shows such as KKR’s Knight Club.
The revenue generated from the sale of tickets for matches forms another major source of income for the owners of IPL teams. Each franchise is entitled to a minimum of 7 home matches, which gives them a fair opportunity to generate money. The ticket revenue share in the IPL team revenue is around 10%. The home team gets a fixed share of the total ticket sales, and all IPL team owners earn money by selling tickets.
The franchises then have complete rights to the income from gate tickets and passes. Like any other major sports event, the IPL teams depend largely on their fans for revenue. It is one of the most watched leagues worldwide, with full houses on most occasions. This is one of the few mediums of income where fans and franchises are directly involved in the financial transaction and through which IPL team earn money.
The revenue received from sales of official IPL merchandise also forms a significant part of income for IPL teams. The IPL merchandise includes official jersey replicas, sports souvenirs, and sports equipment, among other things. Merchandising is a huge opportunity for IPL and the franchisees to monetize their brand, and IPL has started replicating the global sporting events.
This trend is expected to change, with more IPL franchises now moving towards elevated merchandise promotion. The game merchandise market in India is growing at an annual rate of 100 percent. This market is about 30 million dollars. Every franchisee sells its merchandise; this includes T-shirts, caps, bats, wristwatches, and other items. Therefore, merchandising is a significant source for IPL franchise to earn money.
The IPL franchises can make big gains by selling stakes at the right time. For example, Delhi Capitals, formerly the Delhi Daredevils case. Jindal Steel Works brought a 50% stake in the IPL franchise for a hefty price of INR 550 crore from GMR. The group has expressed its desire to increase its share in the franchise from 50 to 100%.
So, within a decade, GMR almost doubled its investment in the franchise. Recently, there were intense rumors that the owners of Rajasthan Royals wanted to go by the same route and sell 50% of their stakes in the franchise. Although such big deals don’t happen deals every day, selling stakes is surely one of the major routes to making money for IPL franchises. This is one of the prominent ways through which the IPL team owner make money.
5. Sponsorship
IPL Sponsorships – How IPL Franchises Make Money
Everything within the stadium has a price tag, from players batting to the bails on the stamps. The sponsors are the real source of income in the Indian Premium League. All the teams of IPL have sponsors for everything: the main sponsor, a jersey sponsor, and even a sleeve sponsor, which hugely contributes to the overall income. The teams tie up with organizations to promote brands in return for an exorbitant amount.
The promotion is done in two forms: through print media and through advertorials. The player’s jerseys are a valuable marketing tool. This is why an IPL outfit has an average of 10 brand logos: 6 on the jerseys, 2 on the pants, and another couple on the cap. Moreover, the franchises also create ad content to promote the brands’ products.
While the brands that cannot make on the jerseys are still promoted through the teams’ social media handles and package design, for example, CSK has tied up with at least 18 brands, with Etihad Airways being the title sponsor.
Prize money is obviously one of the franchise’s main income sources. The tournament’s winning team gets the largest share of the prize money, which goes to the team owners and the players. In 2023, the winners got INR 20 crores, the runner-up got INR 13 crores, the third place in the playoffs was INR 7 crores, while the fourth place in the playoffs got INR 6.5 crores.
7. Brand Value
Most Valuable IPL Teams in 2023
Brand value adds a lot to the team. If you have star players like Virat Kohli and MS Dhoni or even Rohit Sharma in your team, you have a better chance of attracting brands and investors. Winning IPL or even making it to the Playoffs helps IPL franchises to boost their brand values. This, in turn, helps in easily getting brands on board – at prices that the owners demand. Note that MI, CSK, and KKR, all of whom have won IPL more than once, are at the top of the brand value.
So, the clout that teams like CSK and MI enjoy during negotiations with brands may not necessarily be experienced by DC and KXIP. However, it is important to know that Brand Value is not only affected by a team’s past performances. Bollywood stars like Shah Rukh Khan and Preity Zinta also add a lot to that aspect, along with business leaders like Keshav Bansal and Neeta Ambani.
8. Unlisted Shares
It is worth noting that while it is a new phenomenon for Indian sports franchises, numerous European football franchises have been offering their pre-IPO stocks in cricket fans’ lives for a while now. In India, Chennai Super Kings is among the select few sports franchises whose unlisted shares can be traded. These franchises have been able to generate a considerable amount of capital through their pre-IPO stocks, which has proven to be a valuable source of funding for them.
9. Investments in IPL
Saudi Arabia shared plans to invest up to $5 billion in the IPL in 2023. The league is also attracting a lot of interest from American investors who are putting big money into it, making the IPL one of the most profitable sports ventures. According to the Financial Times, US companies like Silver Lake Partners, KKR & Co., and TPG Capital have invested over $3.2 billion in the IPL.
US investors are drawn to the IPL because of its huge popularity and its potential to grow even more. The IPL isn’t just a well-loved sporting event; it also has a big impact on India’s economy.
10. OTT Platforms
Viacom18, the company that owns Jio Cinemas, won the OTT rights for IPL from 2023 to 2027. They bid INR 23,758 crore just for the digital streaming rights! Altogether, the total revenue from IPL media rights for 2023-2027 came to around INR 48,390 crore. This includes INR 23,575 crore for TV rights and INR 23,758 crore for digital rights. This is more than twice the amount earned in the previous period!
11. Franchise Rights
IPL teams earn from franchise rights by getting a share of the central revenue pool, signing local sponsorships, and selling team merchandise like jerseys and caps. Some teams organize international matches, invest in cricket academies, and monetize digital content through ads and brand collaborations. This helps them earn even outside the IPL season.
Indian Premier League(IPL) is a money-making business and festival for cricket fans worldwide. Cricket fans around the world travel across seven countries and seven continents to watch IPL in India. All credit goes to the cricket league as it has created a bigger impact on cricket fans’ lives. It’s a money-making league where the money is generated from all sources. The money is generated from advertisements, sponsors, stadium tickets, merchandise, TV, and media.
FAQs
What is the brand value of IPL 2024?
The IPL business value was calculated to be $16.4 billion as of 2024 and the stand-alone IPL brand value stands at $3.4 billion as of 2024.
How IPL team owners earn money?
IPL team owners earn money primarily through sponsorships, broadcasting rights, ticket sales, merchandise, and team merchandise. They also generate revenue from franchise fees paid by team owners and endorsements.
What is IPL merchandise?
The IPL merchandise includes IPL and team t-shirts, key rings, jerseys, polo t-shirts, mobile covers, chargers, caps, joggers, coasters, wristbands and more.
What is the IPL business model?
The IPL business model revolves around acquiring players and teams, advertising, merchandising, sponsorship, fantasy gaming, and more. The IPL business model’s core is inviting private firms and businesses to own franchises.
Which is the oldest IPL team?
MS Dhoni-led Chennai Super Kings (CSK) had the oldest players in their team, while Rajasthan Royals (RR) had the youngest team playing in the IPL 2021 according to the average age of the players in the squad.
Which is the No.1 successful team in IPL?
MI and CSK are the most successful teams in the league’s history, with 5 IPL titles.
What is IPL team owner income per match?
IPL teams can earn between INR 3–5 crores per match from ticket sales. The home team receives 80% of the ticket sales, while the state cricket board receives the remaining 20%.
How much IPL winning team owners make money?
The IPL offers the highest prize money: INR 20 crore for the winning team and INR 12.5 crore for the runner-up.
How IPL teams earn money?
IPL teams earn money in the following ways:
1. Media Rights 2. Ticket Sales/Gate Revenue 3. Merchandising 4. Selling stake 5. Sponsorship 6. Prize Money 7. Brand Value 8. Unlisted Shares 9. Investments in IPL 10. OTT Platforms 11. Franchise Rights
How do IPL franchises make money?
IPL franchises make money through multiple streams, including broadcast revenue from media rights, sponsorships from brand partnerships, and ticket sales from home matches. They also earn from merchandise sales, prize money based on performance, and player trading. Additionally, income comes from local sponsorships, digital content on platforms like YouTube, and investments in global leagues and regional events. These diverse revenue sources ensure IPL franchises remain profitable.
A traveller, a tourist and a first-time backpacker. These three have something in common despite their differences in experience. They all want a peaceful night to stay after having a long walk to someone’s dream place or to a normal visit or a trip. The business of giving people home or a place to stay dates back to AD 707.
The hospitality business is one of the indestructible industries wherein famous chains have generations of families leading, in particular, the empire built by people through hospitality. Hotels are the face of this industry. There are buildings that provide people with a place to stay with the utmost comfort. They make people feel cosy in corners not owned by them, yet have rights over them.
Thehotel industry was once owned by the owners with no regulatory bodies on the top of their heads. They had their own business model. But the new generation turned the system into a marketplace that involved filters of the various layers. The whole system was immediately converted into a well-oiled machine. A new system that sided with the huge Indian population.
This huge system turnover was brought by a 22-year-old Indian Boy named Ritesh Agarwal.
The Tourism and Hotel Industry in India is one of the main drivers of growth among the services sector of the country. The tourism industry in India has significant potential as it has rich & diverse culture, historical heritage, a vast range of ecology, and flora and fauna. Indian is known for its geographical diversity, attractive beaches throughout the coastline, 27 world heritage sites, 10 biogeographic zones, 80 national parks and more than 441 sanctuaries.
According to reports, over 39 million jobs were created in the tourism sector which equates to over 8% of the total employment in India. By 2029, the country’s tourism sector is expected to grow 6.7% to reach $488 billion, which will account for 9.2% of the country total economy. The industry has slowed down due to the Covid-19 pandemic in 2020 and 2021, as the country had many lockdowns and restrictions on travel.
As per the Federation of Hotel & Restaurant Association of India (FHRAI), the Indian hotel industry had a loss of approximately $17.82 billion in revenue due to the ongoing pandemic. Despite taking a hit, the industry is looking to come back up with the help of schemes and opportunities provided by the government. The Indian Government is providing free loans to the MSMEs to help them deal with the crisis and revive the tourism sector.
It is also planning to tap into a staycation, which is an emerging trend where people stay at luxurious hotels to revive themselves of stress in a peaceful getaway. With many upcoming developments, the international tourist arrivals are expected to reach 30.5 billion and generate revenue of over $59 billion by 2028. OYO and Airbnb have in many ways helped the industry grow especially in 2020 and 2021, as domestic tourists are expected to drive the growth post-pandemic.
OYO Vs Airbnb – Experience in Industry
Ritesh Agarwal, Founder & CEO of OYO Rooms
When it comes to trust, experienced companies are trusted more.
Ritesh Agarwal, the founder of OYO, formed the most famous chain of leased and franchised hotel chains. We Indians often refer to it as a place to look for the best deals for hotels, The Oyo Rooms. Oyo Rooms started 7 years ago with a bunch of hotels. The company has now expanded globally with thousands of hotels and vacation homes. Oyo Rooms was started in the year 2013.
Ritesh is the second youngest self-made billionaire in the world.
Airbnb’s Founders
Airbnb was conceived years ago by two roommates who rented out an air mattress in their living room. This turned their whole apartment into a bed and breakfast. This was done to sustain the high-priced living in San Francisco. This gave the company its name Airbedandbreakfast. Airbnb was started in 2008.
So the winner here is, Airbnb, which has a lot of experience.
Both the companies share a common goal, i.e. to provide accommodations, a safe place and comfortable corners to people. Yet both the companies have a very different working business model.
Oyo is often believed to be India’s answer to Airbnb. This article will take you through the different business models and things that are uncommon between the two companies.
OYO Vs Airbnb – Front-end
OYO Rooms
OYO, as people know, is a website where one can go through various filters and find a hotel. But this is the front-end of how the Oyo company is. Oyo is a marketplace for only hotels.
Airbnb
However, Airbnb is a marketplace that helps a traveller find an abode of his type. It can be for lodging, primarily homestays and homestays. It also lets the provider of the property fix a price. This helps both sides as well as Airbnb. The company has recently started offering experiences too.
This shows a more varied and real-world applied concept. So, Airbnb has a better front-end.
OYO Vs Airbnb – Places to Stay
OYO Online Booking
Oyo used to get hotels and book a majority of the rooms for a definite time. It then standardizes the room according to the Oyo standards. Later, list the hotels on its website with huge and heavy discounts. The whole business model used to work by acquiring clusters of hotels for a definite time. Standardizing them and making them proper before listing.
Airbnb Online Booking
Airbnb is based on the sharing economy. It makes owners share the property or rooms they own with travellers who in turn share money with the owners. It is believed to be the most successful business that works on sharing economy. A two-faced system that works for the public.
OYO Vs Airbnb – Stay Duration
Oyo works on hotel stays, so an individual can stay there for a good amount of time. Oyo rooms have no particular rule about leaving a room after a set date. The whole system is similar to how one can stay in a hotel. But in Airbnb, there is a 90-day rule. This rule was introduced in 2017. This rule is only for areas in London. The listings in that area cannot be occupied for more than 90 days.
This makes Airbnb not suitable for very long.
Oyo had 5,855 hotels in its network in the year 2016 with an inventory of over 68 thousand rooms. If compared to today it has a portfolio of more than 35 thousand hotels and 125 thousand vacation homes. It has over 1.2 million rooms across 80 countries and 800 cities.
But, the founder and CEO of Oyo – Ritesh Agarwal made an announcement in the year 2017 that the company had evolved its Oyo business model to 100% franchise, managing, or operating. He also mentioned that his company would no longer go for hotel aggregation and will shift towards becoming a proper full-scale hospitality company. The CEO stated that this change in business model will reduce operational costs. Hence, improve service.
Oyo changed its business model to the Franchise model in the year 2017. The company earlier used to take up some rooms on lease and would sell them to customers. This model involves partnering with many hotels and asking them to operate as a franchise. Then selling their rooms to all the customers at competitive prices.
Airbnb, known for not owning any of the properties. Yet known for having a business that does work on providing shelter. All the company does is providing a platform. A platform on which all the people can rent out properties they own or spare rooms to guests. The property prices are set by the owner themselves. But the company intervenes when it comes to the collection of money.
The Business model of Airbnb is a multi-sided marketplace that connects all the travellers with the host and experience providers. The company makes money from the fees that come from bookings from stays and experiences. Airbnb’s model is exponential when it comes to growth.
Airbnb has a better business model in terms of customer comfort and reach.
Airbnb’s business model is quite simple yet very innovative which often dubs it as the world’s fastest-growing travel site.
Oyo charges around 22% of commissions. This has to be paid every month by the hotels’ owners. However, commissions may vary as per the services and features offered. Oyo also charges a commission out of the room reservation fee according to their services chosen.
Airbnb makes all the money through commissions. It charges a 3% commission on every booking from hosts and between 6 – 12% from guests. Unlike Oyo, Airbnb takes reviews and feedback from both ends. Be it the host or the guest, this makes it a proper marketplace.
Airbnb seems to have an upper hand at everything, making it a proper place to visit before actually vising one.
OYO Vs Airbnb – Customer Relationship Management (CRM)
Customer Relationship Management (CRM) is a tool that lets a company store customer and prospect contact information. It also helps the company identify sales opportunities, record service issues, and manage marketing campaigns. Depending on what type of CRM a company has, they can get basic information about their prospective customer and interact with them. CRM helps the company in better analyzing and understanding their customers, which will help them offer better and more efficient customer service. Airbnb and OYO have very different CRM strategies.
CRM of OYO
The CRM that OYO uses is Blueshifts Programmatic CRM, which has helped the company to become a leader in 1:1 customer engagement across all marketing channels. With Blueshift’s precise recommendations and targeted triggers, OYO has been able to achieve 5X higher bookings from email and mobile channels. The company also has a mobile-first approach which has helped it to expand in over 500 cities across ten countries.
CRM of Airbnb
The CRM that Airbnb uses is Twilio, which helps connect with hosts. How it works is, when a traveller makes a reservation through Airbnb, the host has 32 hours to respond to a booking request and this is possible because of its CRM. There is systematic mobile communication between hosts and travellers using a text message. The host can also decide whether they want to accept or deny the customer. The company also uses Hootsuite social media management, which helps them monitor their follower’s growth and social CRM. The system also helps the company to find certain keywords that can eventually be used in campaigns.
OYO Vs Airbnb – Marketing Strategy
OYO – Marketing Strategy
Oyo is known to use the 360-degree marketing method as it implies having a presence on all forms of digital and traditional media. They also have their unique room strategy which helps in attracting more customers with lower room prices in comparison to the base price of the hotel. Besides that OYO has made many successful multimedia marketing campaigns such as #AurKyaChahiye. It also shares location-based posts, promotional posts, which helps people to browse destinations to travel, check for new offers & discounts and encourage them to book OYO.
Airbnb – Marketing Strategy
Airbnb on the other hand uses the marketing approach to building and maintaining a strong community among its users. It also mainly targets long term loyalty from both the guests and hosts. The main marketing strategy of the company is to take your business in front of your potential guest and turn them into bookers. The customers who previously enjoyed their stay with Airbnb places are sent an email encouraging them to list their own property. Airbnb India aims to make its guests feel welcome, its app did the same, as it has a unified interface on Android and iOS platforms.
OYO Vs Airbnb – Social Media
OYO on Social Media
Over the years the company has leveraged the power of social media as it has been able to retain its ranking and stay ahead of OYO competitors in the market. OYO currently has over 169k followers on Instagram and 65.4k followers on Twitter, with actor Sonu Sood as its current brand ambassador. On all the social media platforms, the company promotes itself as being a brand that offers two types of services which are promoting tourist spaces and a safe space to spend time with your loved ones in your own city. OYO also uploads many ad campaigns like ‘Fir Badhega India’ and ‘Sanitised Stays’ that helps in engaging with their customers especially during the COVID-19 pandemic.
Airbnb on Social Media
Airbnb has a different approach to social media marketing as it heavily relies on awareness generating strategy. The company also uses travel influencers to further promote the platform as it does its social media relies on user-generated content (UGC). So far the company has over 4.9 million followers on Instagram and 733k followers on Twitter. It also has over 6.3 million photos using #airbnb on Instagram which shows us how widespread the company is. Airbnb also heavily invests in video marketing as a part of telling its brand story, it currently has more than 500 videos generating over 100 million views on YouTube.
Conclusion
In a nutshell, Airbnb and Oyo share the same kind of services, i.e. hospitality service. Moreover, Airbnb is a website for people to list, find and rent lodging whereas Oyo is a chain of budget and premium rooms partnering with different hotels. Oyo is all about providing a customer experience within a stipulated budget range while Airbnb doesn’t control the customer experience as such.
FAQs
What is the difference between Airbnb and Oyo?
OYO has more hotel rooms whereas Airbnb has more residential plots. In Airbnb, the apartment may have been misinterpreted, not so in the case of OYO as an audit is done every week.
Are OYO Rooms similar to Airbnb?
OYO’s business model is kind of similar to that of Airbnb, i.e. they are an online aggregator of budget hotels. Bookings for these rooms would be made via the website and the mobile app of OYO Rooms. However, the main focus is always is the quality of service provided.
How to give your property to OYO Rooms?
For OYO Rooms registration, you can write an email to partner@oyorooms.com or give a call to this number +91 70530 70530.
Is OYO successful?
OYO Rooms has been one of the most successful startups in India being the country’s largest budget hotel chain. It focuses on standardizing the hotels in the non-branded hospitality sector.
Is Airbnb better than Oyo?
OYO is better in terms of privacy and security. OYO assures quality service while Airbnb doesn’t guarantee anything from their end.
Today, everyone has become conscious about their health and fitness. People are spending more money and time on fitness training, supplements, and gyms. The largest population of today’s Indians is youth and they are obsessing over fitness and health.
For this generation and the upcoming generation, looks and body matter a lot. Earlier, people don’t pay this much attention to your looks or fitness. They preferred simple living but, now, things have changed and the youth is shifting towards the fitness and wellness world.
They tend to look good and feel good. For these, they buy supplements, follow different diets, healthy eating and most importantly join gyms. Gyms have become a trend and to become healthy, people prefer to join a gym. Spokespersons, actors, models, and business persons are often seen in the gym as their first-morning task.
If you are looking to buy any franchise, you must prefer a gym franchise. A gym franchise is the most effective business move, especially in India. The enthusiasm and devotion of people towards gyms have become a real goal for this generation. Also, gym voting rights have been revoked and increased in number.
Today, in India, several tops notch gym franchises are available. Through this article, let’s get started with your tour of India’s top-notch Gym Franchise.
Body Building India is generally known as BBI. It is a prominent Delhi-based company owned by BBI Fitness Services Pvt Ltd. BBI looks after your health and fitness with the latest methodologies such as training methods, events based on bodybuilding, free nutrition and supplements to its customers, and basic essential education on fitness.
BBI franchise is a very promising gym in India. To buy its franchise you need to require 1500-30000 sq ft of space or land. It demands up to 15-17 lakh capacity of investment in the startup. But, once done it becomes absolutely worth it.
Talwalkars Gym is widely known as the largest fitness gym across India. Its franchises are established in 22 cities in this country. Talwalkars Gym requires the minimum land usage and space i.e., 2,500 sq ft.
It was initiated in the year 2003 and since then, it has developed a lot. Besides buying Talwalkars Gym’s franchise, you need to invest up to 1 crore to 2 crore rupees and gain ownership.
The International brand associated with fitness house includes more than 377 fitness first clubs across the world. It is still moving towards the development and establishment in other countries as well.
Fitness First brand looks after your health and wellness. It promotes and ascertains a fitness philosophy that works coordinately with state of art club design. Therefore, you focus majorly on your fitness both physical and mental, over anything. The investment required for this franchise is INR 5 to 10 cr.
Fitness one/pink have initiated a major revolution in the southern part of India and established a call to script India’s Fitness Revolution. It has begun its journey towards other different regions.
Its franchise would lead it towards the expansion of its Revolutions. Pink in its brand promotes women. The investment in this brand is absolutely fulfilling and could bring great outcomes. The investment required is Rs. 35 Lakh and space required is sufficient to accommodate 600-1000 active members.
The very famous and premier fitness centre across the world established its headquarters in Dallas, United States. It is quite famous among regular city dwellers. The franchise of Gold’s Gym comes with great opportunities and experience for up to 30 years of building its name in the market and world.
When it comes to fitness, Gold’s Gym comes first in people’s mind. Its franchise cost is high but it’s named in the market and among the people is very prominent and essential. Golds Gym requires 5000 – 7000 sq. ft. of space and the investment required is 2.5 – 4 Crore.
Sports Fit is known for its passionate devotion of people towards culture and religious base, living a sedentary lifestyle. This brand offers plenty of services to its customers including a meal-diet plan and several other customized fitness solutions. It is established and initiated in Delhi and involved with Mahendra Singh Dhoni, the cricket icon.
Its franchise would be a great success for you. It requires around 3000-8000 sq ft of space or land. And requires investment up to 50 lakh to 1.25 crore rupees.
Chisel Gym Franchise is a very prominent brand that looks after your health, fitness and wellness. It is owned by Chisel Fitness LLP and established in Bangalore, India. When it comes to their franchise, they seek the right location to picture out their architecture, design and more. It is based on the Virat Kohli backed fitness startup and searching for the right company to offer their franchise.
To buy its Chisel Gym Franchise, you need to invest up to 1 crore to 3.5 crore rupees, based on their chosen level. It offers a partnership in business model and charges up to 25 to 35 lakhs rupees.
Fitness Fusion- The Pilates Studio
Name
Fitness Fusion- The Pilates Studio
Founded in
2000
Franchise Units
NA
Investment
INR 10-20 Lakhs
Apply to Fitness Fusion- The Pilates Studio’s Franchise
Fitness Fusion was founded by the fitness expert, Dr Namita Agarwal and the company’s headquarters is established in New Delhi, India. It works for the well-being and fitness of all age groups. Fitness Fusion offers the complete training program for your comprehensive fitness that includes a dance hall, reception, meditation room, and fitness studio.
Fitness Fusion requires the basic investment of 10 to 20 lakh rupees which is an absolutely low-cost and profitable deal. For buying its franchise, you need to have up to 500-800 sq ft of space or land.
The very distinguished brand that seeks the opportunity to love the living fit. Vivafit offers complete wellness, health and fitness to women only. It is a low-cost business franchise and a great opportunity for women.
It is a European-based fitness gym that assures for best weight loss results along with the proper nutrition to today’s women. It is a great deal and looks after their customers total wellness and health. Its franchise demands very little initiative and great results. The Area required for this Gym franchise is 1500 – 2000 Sq. Ft. and an investment of INR 25 – 50 Lakhs.
Conclusion
Fitness of body, as well as mind, is very essential among today’s generation. There is no loss in being fit and healthy. Franchises are the best way to encourage this. Gym franchises are extremely beneficial and incredible business, today. When you invest in the betterment of the people, you get great results. Promoting health and fitness is a step into this. Therefore, we presented you with the top gym franchises in India. Now, get started with your fitness initiative.
FAQ
How much does a gym franchise cost in India?
According to market analysis, a gym opening cost in India can range from anywhere between 5 lakh to 10 lakh rupees.
Why do gyms fail?
Most of the Gyms fail due to lack of proper implementation of sales and marketing strategies.
How much do Gold’s Gym owners make?
The average Gold’s Gym Salary for Manager Owners is $123,230 per year.
If you have an independent venture that can be effectively imitated, at that point diversifying might be probably the most ideal approach to extend it at a quick movement. Furthermore, if you tackle it the correct way, you can positively siphon up your productivity. Through this article we will tell you how to research a franchise effectively.
Here are some tips to help you through the change:
1. Get Coordinated
Thoroughly consider the cycle of how your business functions. Franchisees will require accurate subtleties and rules to get their organizations ready for action. This cycle takes some time, however, it’s justified, despite all the trouble — regardless of whether you choose not to dispatch the establishment alternative, this will even now, at last, assist your business run all the more easily. From showcasing to signage to business cards to staff preparing, everything must be executed along these lines. Build up an activity manual to give franchisees a speedy method to reference strategies and best practices and make an endorsement cycle so you approve significant choices.
Get Co-ordinated
2. Recruit a Lawyer
Getting master exhortation is truly urgent during the diversifying cycle. First of all, you’ll need to round out a Franchise Disclosure Document. It has an unmistakable organization you need to follow, and it’s essential to have a legal advisor walk you through this cycle. You’ll have to set evaluating, make an establishment understanding, and decide licensed innovation assurance. (Notwithstanding meeting with a lawyer, the International Franchise Association additionally has some superb assets.)
Recruit a Lawyer
3. Be Precise
You should be very specific with regards to picking franchisees. It’s anything but difficult to track down individuals with the capital, however, would they say they are the opportune individuals? Do they have the correct foundation to maintain a business? This is somebody who will speak to you, so it should be a solid match. All things considered, you are in this to ensure and develop your image. Set up a talking cycle and understand what your major issues are.
As a franchisor, your most significant resource is your image; secure it no matter what. Your image speaks to your way of life, your convictions, and your disposition toward your clients. At the point when your establishment, you are enabling new individuals to speak to your image. This is perhaps the greatest danger of diversifying. Clear rules should be set up for the utilization of the entirety of the brand resources.
5. Know what you Want
You need to be certain that you are sending one clear message from one clear source, and that message is reliable all through the association. No detail is excessively little. This can appear to be domineering, however never let anybody utilize your image resources in any capacity, regardless of how little, without your earlier endorsement. Screen everything, give close consideration to recordings and pictures, and screen all online media sources in an ordinary and nitty-gritty style.
6. Pick the Right Location
What areas bode well for your business? Where do you have brand acknowledgment as of now? Consider keeping your initial not many areas near and dear, yet far enough away that it doesn’t hurt deals at your underlying area. That way, you can oversee coordination without any problem. Remember you’ll need to visit these areas in person every once in a while, so pick areas with simple admittance to an air terminal.
7. Find a Mentor
There will consistently be individuals who are happy to offer you guidance — you simply need to search them out.
Consistent is the key of development . Does it bode well to develop a global level? Or then again would it be a good idea for you to adhere to a statewide arrangement?
9. Backing your Franchisees
From the outset, you’ll need some acknowledgment with your franchisees, just as heaps of time on the web and utilizing the telephone.
Back your franchisee
Do everything you can to support them by commending triumphs and achievements. What’s more, to wrap things up, set up a route for franchisees to speak with each other, as well.
Financial services franchises including insurance businesses are ideal for people interested in the franchise industry. There has been a constant rise in insurance companies and their services. Insurance franchises offer opportunities for small business owners with previous sales or finance experience. With the variety of financial franchising opportunities available, you can be sure to find one that fits your lifestyle and not the other way around. There are many insurance franchise business which is profitable and It also allows you, as the franchise owner to be your boss which can mean working from home if you choose and setting your hours.
Benefits of buying life insurance:
Financial security
Child’s future planning
Disciplined investments
Corpus creation over the long term
Retirement planning
Tax savings
Car insurance is a primary focus of all the companies on this list, and as a segment within the insurance industry, collected $287 billion in premiums in 2018 (up from $267 billion in 2017).You will get a lot of advantageous opportunities from the top insurance franchises of 2020, which provide support in franchisee training, help from experts, field assistance, marketing & advertising, proven business model.
Max Life Insurance ranked 24th as India’s Best Companies To Work For 2020. Max Life Insurance, constantly try to create solutions to make life insurance plans easy, affordable, and suitable for every stage of your life. Max Life envisions to be the most admired life insurance company in India by securing the financial future of our customers. They serve customers through Long-Term Savings, Protection and Retirement Solutions, delivered by high-quality Agency and Multi-Channel Distribution Partners. They provide strong social relevance and contribute to society by supporting causes in health and well-being.
Founded in
2001
Franchising since
2001
Franchise units
100-200
Initial Investment
From Rs 2 Lakhs
Royalty Fees
20%
Aviva India
Aviva India is an Indian life assurance company, and a joint venture between Aviva plc, a British assurance company, and Dabur Group, an Indian conglomerate. Aviva India is one of India’s leading life insurance companies, offering a range of individual and group insurance solutions that meet various life stage needs of customers.
Trust India General Insurance Services is a professional insurance adviser dedicated to giving you secure peace of mind. People at Trust India recognize the importance of finding a means to secure the quality of life. They do their job with all the care, warmth, and clarity you seek in a consultant who is responsible for providing the best insurance for you, your family, or your business.
They are a general insurer for the following risks: Auto Insurance, Accident Insurance, Health Insurance. Liability risks are covered by our various forms of liability insurance.
Founded in
2007
Franchising since
2007
Franchise units
Less than 10
Initial Investment
From Rs 0.1 Lakhs
Surakshi Financial Services Private Limited
Surakshit Financial Services Private Limited is a Non-govt company, incorporated on 31 Mar 1995. It’s a private unlisted company and is classified as ‘company limited by shares’. Surakshit Financial Services Private Limited is majorly in the Business Services business for the last 25 years and currently, company operations are active. They are the corporate agent of SBI Life and dealing with General Insurance, Mutual Fund, Fixed Deposit, and online share terminals. To expand the business, they are offering branches/franchises all over India.
Founded in
2009
Franchising since
2010
Franchise units
Less than 10
Initial Investment
From Rs 0.1 Lakhs
Royalty Fees
5%
Zaidi Corporation
Zaidi Corporation was founded by Mr. Kazim Raza, a visionary & pioneer in the insurance training industry with a mission to impart Insurance Knowledge to maximum people in the Insurance Marketing Field force, helping them to grow in their own business & to scale greater heights. They offer a wide range of courses for all levels of insurance advisors starting from beginners to intermediate and advanced level advisors. Zaidi Corporation brings an opportunity to start your own insurance training company.
Akcm Group is the premier company engaged in its chosen area of operation i.e. Valuations, Inspections, and all allied services to Entrepreneurs, Corporate, Insurers, Banks, Financial Institutions, Government Entities, Small & Midsize Companies. The Company’s vision is to provide quality, professional, and trustworthy services to all its clients. With a core competence in providing technical services, we specialize in the pre-inspection of vehicles during break-in-insurance.
Founded in
2007
Franchising since
2007
Franchise units
10-20
Initial Investment
From Rs 0.1 Lakhs
Royalty Fees
20%
Proline Management Services Private Limited
Proline Management Services Private Limited is a Private incorporated on 18 November 2009. It is classified as a non-govt company and is registered at Registrar of Companies, Coimbatore. It is involved in Legal, accounting, book-keeping and auditing activities; tax consultancy; market research and public opinion polling; business and management consultancy.
Founded in
2009
Franchising since
2015
Franchise units
10-20
Initial Investment
From Rs 10 Lakhs
Royalty Fees
12%
Insurance Life 360 Limited
International Life 360 is an online portal for consumers to purchase term life insurance in US$, from almost every country in the world. The product is underwritten and issued by an insurance company with headquarters in the USA. International Life 360 Limited enables access to insurance for international clients. International Life 360 Limited has been appointed to distribute GBG products online and is pleased to help you access life cover with no medicals or blood tests (for life insurance up to $US 500,000).
Insurance is the trading style name of First Insurance World Broking Services P. Ltd, an independent insurance broking firm authorized and regulated by IRDA since 2004, well-positioned to respond to changes in an increasingly demanding market.
Founded in
2003
Franchising since
2010
Initial Investment
From Rs 0.1 Lakhs
Royalty Fees
None
Cost Advantage Wealth Management
Cost Advantage Wealth Management is to optimize the long-term performance of sa client’s financial assets through proper Financial Planning. They adopt a structured and disciplined advisory approach and provide clients portfolio solutions to meet their desired financial goals and milestones.
Founded in
2012
Franchising since
2013
Franchise units
5
Initial Investment
From Rs 0.5 Lakhs
Royalty Fees
7.5 Lakhs
DHFL General Insurance Company Ltd
COCO by DHFL General Insurance is changing the way customers look at insurance. COCO is combination of “Connected” and “Cover”, signifying an always open and insurance protection swathe. COCO is a Digital platform that is changing general insurance by making process easy, relevant, 24/7 accessible and fun for consumers. They have integrated evolved algorithm, AI and experience.
Frequently Asked Questions
How much does an insurance Industry Franchise?
You can get Insurance franchise with an investment from 0.5 Lakh to 20 Lakh. Max Life Insurance franchise needs investment above ₹2 Lakhs with royalty fees and initial investment. International Life 360 Limited and Proline Management Services Private Limited and requires investment less than ₹10 Lakhs.
Does life/health insurance companies make more money than home/auto insurance companies?
Both Life/health and home/auto insurance make good profit. Comparing them is like comparing apple to an orange. Life/ health insurance company makes it money is when an insured person decides to no longer pay his premiums for any number of reasons. All the premium he has paid over the years is then forfeited. If he dies the next year, his estate gets nothing. Property and causality involves home and car insurance. P and C takes a lot of efforts to keep market share and keep your customers. It is labor intensive. There is a lot of paperwork and convincing is involved. P and C is very profitable but not loyal, in a sense that people shop new rates and you lose your customers.
Education franchise is one of the important parts of the franchise business. It also serves as a great opportunity to kick-start your own business. You can choose from the long list of education franchise available in India. The areas including pre-school franchise, playschool, day-care franchise, child care. Apart, they also function in the learning centre, training institute, grooming centre, IT Institutes, retail school, animation school, coaching classes, aviation academy, language centre, educational institute, recruitment service, customer services and so on.
Here we have enlisted a few such education franchises that serve in the top-most level in India. With the detailed information and right choice, you can select one from the list below. So, let’s find out the nooks and crannies of the top education franchise you can avail.
Action COACH
Company Name
Action COACH
Headquarter
New Delhi
Sector
Professional Training & Coaching
Founded
1993
Specialisation
coaching, business coach, mentoring, accountability coach, executive coaching, business coaching, business consultant, executive leadership coach, Business help, and Small business coaching
An award-winning business and executive education franchise in India is Action Coach. It has more than one thousand coaches in over 70 countries all around the globe. This institute was founded by Brad Sugars, who is an entrepreneur as well as a thought leader, in 1993.
India’s No.1 education franchise institute for Banking P.O, Clerical, SSC and a few other competitive exams coaching is IBT Institute Pvt. Ltd. This institute has successfully produced a set of excellent ranking candidates in the banking sector as well as in other competitive exams. The USP of this institute is their commitment until their students make a successful career.
Kumon India Educational Private Limited
Company Name
Kumon India Educational Private Limited
Headquarter
Hyderabad, Telangana
Sector
Education Management
Founded
2004
Specialisation
Research, development, and production of learning materials for math and reading, Publication of children’s books, picture books, and study-aid books, etc, Development and marketing of educational merchandise, including educational toys
Kumon India Educational Private Limited are a highly dedicated education franchise. It helps in pursuing the potential upto a great level of each student enrolled under them. the instructors provide high-quality guidance for their students. The students can learn to build self-esteem as well as develop the ability to take on every new challenge thrown at them.
Brain Checker Techno Services
Company Name
Brain Checker Techno Services
Headquarter
Nashik, Maharashtra
Sector
Education Management
Founded
2012
Specialisation
ADHD, Dyslexia, Dyscalculia, Stress, Impulsivity, Learning Disabilities, Reading Intervention Programs, Brain Development Programs, Educational Services, IQ Testing, Cognitive Brain Development, Psychology, Franchise, Psychometric Testing, Career Counseling, Learning Styles, Multiple Intelligences, Career Planning, Personality Assessment, and Occupational Evaluation
Brain Checker Techno Services claim to be ‘India’s Largest Career Counseling Company’. In 2014, this institute bagged the award, India’s Top 100 Debutant Company, by a coveted magazine. It helps in assisting students across the country in matching their aspirations with great capabilities that they possess.
Superior brain health, improves our ability to think, concentrate, memory, motivate, learn, express, social skill, process information and multi-intelligence will excel
UCMAS Abacus India is a unique education franchise that talks about mental fitness, besides physical fitness. They believe in the notion of effective working over hard-working, as it helps in yielding better results in students.
Focal Point
Company Name
Focal Point
Headquarter
Bhubaneswar, Odisha
Sector
Professional Training & Coaching
Founded
1997
Specialisation
Business Coaching, Coaching, Business Consultant, Marketing and Management Consultant, Sales Training, Time Management, Public Speaking, Facilitation, Business Systems, Operations Improvement, Growth, Sales, Marketing, Management, HR, and Franchises for Sale
Focal Point, as an education franchise, provide business performance training. This program is exclusively designed for business owners and executives. This institute accomplishes its goals via one-on-one coaching. It also helps to be under an excellent environment of continuous learning, positive support as well as results-driven accountability.
Smart School Education Private Limited
Company Name
Smart School Education Private Limited
Headquarter
Noida, Uttar Pradesh
Sector
E-learning
Founded
2011
Specialisation
ICT based K-12 solution for Schools, Android based learning, and HTML5 services
Smart School Education is India’s leading K-12 education company. This institute has been actively providing innovative solutions under K-12 education directed for various educational institutes across the globe. Besides India US, UK, Africa, Middle-east, Netherlands, Pakistan, Nepal, Bhutan, Singapore, Nigeria and Bangladesh.
With research for more than 30 years, carried out in Japan, Respond Right education has grown up to be the top education franchise in India. They provide education for children, who also gets to learn emotional intelligence and intellectual intelligence (EQ and IQ).
These are the list of education franchise working successfully across the country. All of them have specialisation in different fields. Try to select the one that suits your forte, wisely and get started.
Apoorva Bajj
