Top 10 Golden Franchise Opportunities in COVID-19 Era
Top 10 Franchise Opportunities in COVID-19
If you are looking to buy a business, this can be a great time. This is the time where you will be able to find the right spot, right locations and much cheaper rentals. This is the opportunity for the people who are especially looking for the retail-kind of business. At this time, brands are also considerate that they want to give special offers, special structures; at least a lot of waivers for the first 5-6 months or till the time business comes to a normal stay.
Therefore, if you are looking to invest in the business, here are the top 10 golden franchise opportunities in the COVID-19 era.
CP Vet: Largest Veterinary chain with a huge repeat customer base
CP Vet is a unit of Centre Point Pet Hospital Pvt Ltd, which has started in 2007 in the name of Centre Point Pet Clinic, this was changed to Centre Point Pet Hospital in 2011 post the first expansion. Later, it changed to “CPVet” in 2013. The brand’s vision is to provide quality healthcare to pets, which should be on par with human healthcare.
CP Vet is a veterinary pet hospital in Delhi/NCR with over 15 outlets dedicated team of 14 Doctors & more than 60 Para-vets & management team
Business Model – Retail unit with retail sales, Spa Salon services and Veterinary Service
Key Points
1. Apart from the routine vaccinations & treatments, CP Vet also performs all kinds of Soft Tissue, Orthopedic Surgeries and Dentistry.
2. In-house diagnostics like X-Ray, USG, ECG, Blood work, Stool, Urine and all kinds of microbiological work.
3. 24x7x365 hospital/24x7 ambulance
4. Pet Store/Pet Boarding/Pet Grooming
Financials
Unit Franchise – Model
Area Required – 300-1200 sq ft
Investment – Rs 12-50 lakh
Vagad’s Khadi: A trusted brand for 100% natural handmade products
Vagad’s Khadi is real, authentic, Ayurvedic products, made using original, time-tested, balanced prescriptions. Vagad’s Khadi, promoted and marketed by Everyday Herbal Beauty Care, is one of India’s leading brands engaged in manufacturing and exporting of 100% natural, handmade personal care products.
Key Points
1. Responsibly sourced ingredients
2. Own production facility
3. Third-party manufacturing
4. 100% natural & eco-friendly
5. Completely handmade formulation
6. Spearheading Gandhiji’s khadi revolution
7. A strong contributor to India’s rural development
Financials
Area Required – 250 sq ft
Investment – Rs 12 lakh
Expansion – Pan India
Product Margin – 30%
HUTK: An apparel & handicraft brand promoting Indian Folk Art
Having established its mark in the global market, HUTK is now keen to expand its footprint in the domestic market. They have accordingly carried out several validations of its hypothesis to check the acceptance of its products in the domestic market. Established in 2015, with an aim of promotion of folk art HUTK came into existence.
Business Model – Kiosk & Shop Model
Financials
Area – 100-300 sq ft
Investment – Rs 4-8.5 lakh
Expansion – Pan India
Franchise Free – Rs 3 lakh and 4 lakh
Absolute Foods: Soil-less greenhouses, pesticide-free fruits & vegetables
Absolute Foods is building a Fresh Fruits & Vegetables Consumer Brand backed by a chain of high precision, protected, controlled farm network. Absolute grows residue-free, non-GMO, vegetables and berries, proved to be healthier and loved by consumers. Absolute technology also improves yield per acre as compared to traditional Greenhouses.
Invest in a recession-proof business with up to 24% Tax-Free Returns. Absolute will provide seeds, nutrition, control systems, agronomist, and will give a 100% buyback guarantee on the produce. Absolute Foods is backed by marquee investors like Haldiram’s, P-flegen USA and Indigram Labs.
Financials
Franchise Type – Poly-houses/Net-houses
Area – 2 acre agricultural land
Investment – 65/40 lakhs
Payback Period – 2 years 6 months
Asset Life – 9 years
Value Returned – 2.5-3 crore in 9 years
Mindmap: India’s first skilling incubator & No.1 skilling brand
Mindmap Consulting was founded with a value system focused on being customer-centric and delivering to the common goals of growing businesses. Its breadth of services spans across recruitment, training and accounting services. Mindmap is a digital-focused organisation with deep subject matter expertise across BFSI, F&A, Healthcare, Travel, Utilities, Retail and Transport offering services across recruitment support, corporate L&D, CSR facilitation, and Digital Content Creation
Key Points
1. A well established and reputed name in professional education coaching.
2. Mindmap is a licensed training partner with NASSCOM Sector Skill Council and has a pool of NASSCOM certified master trainers across BPM domains.
3. Mindmap has trained more than 15,000 learners in 2018-19 across its various programs.
Financials
Investment – Rs 13 lakh
Area - 1320 sq ft
Expansion – Pan India
Neulife: An authorised and impactful representative for UV Gullas College of Medicine
Neulife International Education is an exclusive authorised global representative for UV Gullas College of Medicine. Neolife International Education is the most trusted abroad education consultant for getting admission to top medical colleges in the Philippines.
Key Points
1. Neolife International Education is the most trusted abroad education consultant for getting admission in top medical colleges in the Philippines.
2. Academic support for over 1000 students.
3. Neolife has an exclusive dedicated support team to assist and guide students and parents through the entire process from getting admission, visa assistance, travel assistance, education guidance and taking students to university.
4. Neolife representatives have spread across Indian covering almost all states who guide in the admission of students to get admission to the university.
Financials
Investment – Rs 8 lakh
Area – 500 sq ft
Franchise Fee – Rs 2 lakh
Expansion – Pan India
Crewlter: Most reputed alkaline water ionizer from Korea
Alkaline Water Ionizer is a futuristic product. Crewlter is the leading provider of state-of-the-art and highly efficient water ionizers. All the products are manufactured employing the best and top-quality raw materials. Its internationally certified quality control team performs regular and exhaustive checks to ensure that only the best products are provided to our valued clients.
The high-quality products have garnered a vast and ever-increasing client base. They have earned an enviable reputation and are known for their technological prowess in the domain of water ionizers globally.
Key Points
1. Crewlter maintains the highest standards all through the product manufacturing process.
2. The products are sourced from Korea and leverage cutting edge technology.
3. International quality standards are followed and world-class equipment used while manufacturing the water ionizers.
4. Crewlter is known for its technological prowess in the domain of water ionizers globally.
Financials
Investment – Rs 15-20 lakh
Area – 200-300 sq ft
Franchise Fee – Rs 2 lakh
Nagpal Chole Bhature: Since 1980 serving delicious snacks
Nagpal Chole Bhature is a chained organised take away outlet in the Indian Food Services sector. The brand has its presence across 6 locations in Delhi/NCR and set up a full-fledged backend. It plans to expand with a unique taste, quality and service Pan India. Nagpal Chole Bhature uses home-made self-prepared masala to bring taste and quality in various dishes.
Nagpal Chole Bhature is looking to scale up its operations faster. It is now aspiring to leverage its backend via the franchising route. The brand wants to expand in selected regions of Delhi/NCR, Chandigarh and Jaipur. It eyes to have take away outlets in high footfall places.
Key Points
1. Legacy of 30 years
2. FOCO & FOFO model available
Financials
Area – 200-250 sq ft
Investment – Rs 20-21 lakh
Franchisee Fee – Rs 5 lakh
Payback – 1 year 5 months
FedEX: American multinational delivery service company
FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee.
FedEx commenced franchising in 2012. The brand has a total number of 879 retail outlets and 709 franchise outlets.
Financials
Area – 200 sq ft
Investment – 3 lakh SD*1 lakh
Expansion – Pan India
Source Supplements: Supplement Store from Mumbai
Source Supplements is a well-established and trusted health supplement brand since 2013. Sources Nutrascience is a progressive company engaged in manufacturing, distribution and retailing of premium health supplements under the brand “Source Supplements” for gym-goers and health-conscious people. The brand is successfully operating Sources Supplements retail store in Mumbai with a huge product portfolio.
Key Points
1. Over 200 fitness supplements are available on its website.
2. Own manufacturing with advanced infrastructure and global certifications
3. High Margins of up to 50%
Financials
Investment – Rs 10 lakh
Area – 200 sq ft
Expansion – Pan India
