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Best 10 Franchise in India Under 20 Lacs

best franchise in india under 20 lacs

Buying a franchise business is a great way to become an entrepreneur with an established brand name. If you have a budget of up to ₹20 Lakh, you can find many profitable franchise opportunities in India. These businesses provide brand recognition, training, and a ready-made customer base, making succeeding easier. In this article, our industry experts have listed some of the best franchise in India under 20 Lacs, covering different industries like food, retail, education, healthcare, and more.

10 Franchise in India Under 20 Lacs

1. Patanjali Franchise

patanjali chikitsalaya logo

Patanjali is a leading Ayurvedic and FMCG brand in India. It offers multiple franchise options, including Patanjali stores and wellness centers. The brand has a potent customer following that opts for Ayurvedic and herbal-based products rather than chemical-based ones.

  • Investment: Setting up a Patanjali Mega Store requires around ₹15-20 lakh, while a smaller Gramodhyog Nyas store can be started for ₹5-10 lakh.
  • Profit Potential: In various categories of products, franchisees can earn a profit margin between 15-30%.

2. Amul

amul logo

Amul is one of the most reliable dairy brands in India. This iconic dairy brand provides a franchise in the form of Amul-preferred outlets and Amul Ice Cream parlours. Since Amul has a solid customer base, opening a store can be a profitable business. Amul provides a well-known brand name, ensuring customers from day one. The company offers good profit margins on dairy products, ice creams, and beverages. The demand for dairy products is always high, making it a stable business option.

  • Investment: The investment for an Amul outlet starts from ₹2 lakh, while an Amul Ice Cream parlour requires around ₹10 lakh.
  • Profit Potential: The retailers make a commission of 2.5% on milk pouches and up to 50% on other items such as ice cream, milk-based beverages, and cheese.

3. DTDC Courier Franchise

dtdc logo

DTDC is one of India’s largest courier and logistics service providers. Today, with the widespread use of e-commerce services, courier services have become an absolute necessity making this business quite a lucrative proposition. DTDC has a wide network across India and offers training, marketing support, and operational guidance.

  • Investment: The initial investment for a DTDC franchise ranges from ₹1.5 lakh to ₹10 lakh for a full-fledged small or large set-up, respectively.
  • Profit Potential: The profit of franchise partners is directly proportional to the number of parcels handled. The commission structure will ensure steady earnings, and the business will expand with e-commerce.

4. Dr Lal PathLabs Franchise

drpathlabs logo

Dr Lal PathLabs is an India-based pathology service-providing diagnostic chain. Investing in a diagnostic centre is a very prudent idea as the demand for healthcare services is on the rise. This brand is valued for its proper reports and diversified diagnostic tests. The franchise model offers training, marketing support, and a solid brand reputation.

  • Investment: The investment in opening up a Dr Lal PathLabs franchise goes from ₹5-15 lakh depending upon the place of dealing and the services delivered.
  • Profit Potential: The lab franchise earns based on the number of tests conducted with a good commission on each service.

5. KFC Franchise

kfc franchise logo - best franchise in india under 5 lakhs

KFC is one of the international fast-food brands that deals specifically with fried chicken. Although a master franchise involves a high investment, a small KFC kiosk or express outlet can be established within ₹20 lakh.KFC has a robust brand presence, and its fast-food menu is highly popular.

  • Investment: KFC kiosks or express outlets can be started by investing ₹15-20 lakh.
  • Profit Potential: Fast food chains earn a good amount of revenue, particularly in high-footfall locations. Profit margins vary between 10-20% on food sales.

6. Lenskart Franchise

lenskart logo

Lenskart is India’s largest eyewear brand, which offers fashionable yet affordable glasses. The brand enjoys a mix of online and offline presence, which makes it a strong franchise player. Lenskart has a robust customer base and offers advanced technology such as 3D try-ons. It also offers training and operational support to the franchise owners.

  • Investment: The investment for a Lenskart franchise is approximately ₹20 lakh.
  • Profit Potential: Eyewear businesses have high-profit margins, and franchise owners earn commissions on sales.

7. EuroKids Preschool Franchise

eurokids playschool logo

EuroKids is one of the most popular preschool chains in India. The education industry is in constant demand, and hence, it can be a very good long-term business opportunity. The preschool market is growing rapidly, and parents are now willing to spend money on quality early education. EuroKids gives curriculum support, training for teachers, and marketing assistance.

  • Investment: EuroKids franchise investment will be around ₹10-15 lakhs.
  • Profit Potential: Education businesses generate steady and recurring revenues. Charges per student and entrance fees ensure a steady inflow of funds.

8. Jockey Franchise

jockey logo

Jockey is the market leader in innerwear and casual wear in India. The strong brand value ensures it is an excellent retail franchise. Jockey products are highly in demand, and the brand has a loyal customer base. The company offers store setup support, inventory management, and marketing help.

  • Investment: The investment in a Jockey franchise is in the range of ₹15-20 lakh.
  • Profit Potential: Retail franchises generate profits through sales. Jockey franchisees earn a good commission on each product sold.

9. FirstCry Franchise

FirstCry is India’s largest baby and kids’ product retail brand. This franchise is a profitable option as demand for baby care products is increasing. The brand offers an enormous range of baby care products, toys, and clothing. It assists with the setup, training, and marketing of the store.

  • Investment: The initial investment for opening a FirstCry franchise is between ₹10-20 lakh.
  • Profit Potential: There are high-volume sales of baby products, and FirstCry franchisees collect a commission for every sale made.

10. Kalyan Jewellers Franchise

kalyan jewellers - best franchise in India under 20 lacs

Kalyan Jewellers is a highly trusted brand in India’s jewellery market. This company provides a franchise opportunity to its brand at some locations only. The jewellery industry offers a good profit margin. The company, Kalyan Jewellers, is an established brand with significant customers. It provides support with marketing and branding.

  • Investment: Opening a Kalyan Jewellers showroom would cost ₹15-20 lakh.
  • Profit Potential: Gold and diamond jewellery have high profit margins. So it ensures quick returns on investment.

More Franchise Opportunities in India:

How to Choose the Right Franchise in India Under 20 Lacs

There are so many franchise options available now in India under the budget of 20 Lacs. Here are a few tips to help you decide on the right fit:

  • Follow Your Passion: Choose a franchise that aligns with your interests and skills.
  • Research the Market: Look for franchises with high demand and growth potential.
  • Check the Investment: Make sure the initial investment fits your budget.
  • Evaluate Support: Choose a franchise that offers training, marketing, and ongoing support.
  • Read Reviews: Talk to existing franchisees to understand their experience.

Final Thoughts: Starting a franchise business in India under 20 lacs is a smart and affordable way to become an entrepreneur. Whether you’re passionate about food, education, health, or services, there’s a franchise opportunity waiting for you. Success lies in the choice of the right franchise, hard work, and dedication. The right mindset and support will lead to a profitable business that will provide you with financial freedom and personal satisfaction.

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