3 Best Wellness Business To Start In Chennai
Situated at the Coromandel Coast of the Bay of Bengal, Chennai is among the biggest cultural, economical, and educational hubs present in India. Quoting the 2015 Indian census, Chennai is the 6th most popular and 4th most populous urban center of South India.
Being one of the most visited cities by foreign tourists, Indian businessmen/women can be seen shaping their business ideas into reality by establishing ventures of their own. Recently, entrepreneurs/franchisors can also be seen investing in the wellness industry which will be a profitable business in a city like Chennai.
A hub of foreign tourists and the title for safest city in India make Chennai a great place for wellness business investment. Indian wellness business is witnessing a great expansion that is motivating new entrepreneurs/franchisors towards pursuing a career in the wellness industry.
These 3 profitable wellness businesses could be established in Chennai, helping you to earn quickly.
Healthcare Business
The Indian healthcare industry is emerging as a booming industry for both franchisors/entrepreneurs and customers. The healthcare industry in specific is utilizing the power of technology, resulting in offering fast and quality treatments to new age and old customers.
Healthcare is an ever growing business industry as it’s one of the most important needs of a person. Without good health, any achievements could be useless. Thus, establishing a healthcare business might turn out to be a lucrative business opportunity.
Investment- INR Rs 15-25 lakh
ROI- 17-20%
Spa Business
Spa business is usually being considered the most promising part of the wellness industry. According to statistics, the Indian spa industry would reach a level of Rs 11000 crore by the end of 2020. The industry is expanding at a tremendous pace, offering numerous opportunities to investors.
Spa business is no more a women-centric market. Establishing a spa business could be really profitable as the industry is concentrating on male grooming, resulting in new unisex spas coming into existence.
Investment- INR Rs 15-20 lakh
ROI- 20-23%
Yoga Business
The invasion and growth of staying healthy is allowing yoga franchisors/entrepreneurs to invest more into the business. Yoga has been the preferred option globally as it promotes physical and mental strength.
Indians are marching towards a healthier lifestyle which allows yoga franchisors to invest more into the business.
Thus, if you believe in the benefits yoga carries, establishing a yoga business could turn out to be the best option for investment along with earning good money.
Investment- INR Rs 10-15 lakh
ROI- 17-20%
