Top 4 Franchise Business Ideas to Earn 50k Per Month in 2024

India has been experiencing significant economic growth, and one of the main reasons for this growth is the entrepreneurs. They are the backbone of the Indian economy, and their innovative ideas are shaping the way business is done in the country.

As a result, numerous national and foreign brands are seeking to invest in the Indian market. To access entry into the market, many of these brands choose to use the franchise model. This is a popular choice because it allows them to increase brand recognition and customer loyalty.

By partnering with Indian entrepreneurs, brands can gain huge advantage to a wide customer base and establish a foothold in the Indian market.

The franchise model is widely popular in India. This is because it allows entrepreneurs to start a business with a proven business model and a recognized brand name. This greatly reduces the risk of failure, and it also provides entrepreneurs with the necessary support and resources to succeed. As a result, franchises are a popular choice for both entrepreneurs and consumers in India.

It’s easy to find a franchise to own. What's more difficult is choosing the right franchise that can yield profit as well as sustains growth in the Indian Economy.

Top 4 Franchise Business Ideas to Earn 50k Per Month

Indian Post Office Franchise

Indian Post Office franchise serves the biggest advantage as it is owned and operated under the Government Of India. The risk involved is typically low as It provides stability to the one wishing to operate its franchise.

Model of Post Office Franchise

• Postal agents
• Franchise Outlet

Postal Agents

The general income for the postal agents comes up from selling stamps and stationary items, booking letters, and collecting bills, taxes, and fines.

The average salary of a postal agent in India is Rs. 1.8 lakhs for less than 1 year of experience to 19 years of experience. The salary range is typically from Rs.1.3 lakhs to 3 lakhs annually. Considering working as a Postal agent is not a bad idea.

Franchise Outlets

Franchise outlets earn usually by selling services. Some services include- E-post, Speed Post, Money Orders, stamps, stationary and more. Selling of such services guarantees an amount of commission to the franchisee. Like:

Speed Post	Rs. 5 per post
Money Orders	Rs. 4-5 per order
Postage Stamps and stationary	5% of sale amount
Revenue stamps	Up to 40% commission

Earnings

The initial earning of the business is usually Rs. 20,000 - Rs. 30,000 limited by the growth. If the business grows, earnings can reach Rs. 50,000-60,000 per month.

Requirements

The minimum age of the franchisee must be 18 and above. The range between any two post offices must be a minimum of 10 km.

Application

In order to apply for the franchise you can easily do it by going through the official website of the Indian Post Office and filling up the form. The registration form will cost around Rs. 5,000.

If the application gets accepted then you have to bear the expense of furnishing. The training and support will be provided by the Indian Postal Service.

Link  https://www.indiapost.gov.in/VAS/DOP_PDFFiles/Franchise_2021.pdf

Amul Parlour Franchise

Amul is one of the biggest as well as the largest producers of milk and milk products. Amul has been known for its quality for ages now. Being a part of an Amul Franchise is a close-eyed deal for any entrepreneur.

Amul Franchise is a recognized as well as the most trusted brand in India.  Selling the products for such recognized brands the franchisee will face no problems in doing so.

Requirements

To set up an outlet for Amul, you would typically need a space area of 100-300 square feet along with an amount of Rs. 1.5 lakhs to cover the costs of refurbishing and other necessary expenses.

Earning Aspect

Amul is one of the biggest producers of food. Their variety ranges from milks to chocolates to ice creams and even pizzas.

 Amul normally gives out a commission for each product sold. As for Ice Creams, Amul sets a margin of about 20% while the milk pouches give out a commission of 2.5%. Other products like chocolates and pizza has a margin of around 50%

Cost Of Establishments

To set up the franchise for Amul you have to give out a one-time security deposit, for a milk outlet only a sum of Rs. 25,000 is required and around Rs. 50,000 for cost of equipment.

For Ice cream parlors a minimum deposit of Rs. 50,000 is required with the cost of equipment around Rs. 1.25 lakhs. 

Opportunity for Amul Franchise

Amul products have high demand in the market and earning potential is also very high. A store of Amul in the right market place can earn from Rs. 3-4 lakhs annually.

Application       

To apply for the Amul franchise you need to call the Amul toll-free number. The details of the applications and information can be accessed from the link.

Link:  https://amul.com/m/amul-franchise-business-opportunity

DTDC (Desk to Desk Courier & Cargo)

DTDC is one of the biggest courier services in India. The main advantage possessed by DTDC courier franchise is that it is cheaper to establish, but requires a lot of hard work in its operations. The demand for e-commerce is significantly growing so aiming for a franchise in a delivery sector like DTDC seems like a very profitable venture.

DTDC has 4 models 

• Single Unit Franchise
• Master Franchise
• Super Franchise
• Corporate Syndication

Requirements for DTDC Franchise

 In order to start a franchise in DTDC you must have a space/area of a minimum of 300 to 400 square feet for accommodating all the deliveries. Not much renovation is required in such a space.

Cost

Cost usually varies from Rs. 50,000 to Rs. 2,00,000 depending on the type of outlet preferred by the franchisee. Also, the geographic location plays an important role in the cost of such a franchise

Income

The income also varies from the type of franchise model chosen. Normally the income ranges from Rs. 40,000 to Rs. 50,000 on any type of model prescribed in the business. 

So starting a franchise in DTDC seems profitable as well as a well-secure business.

Kidzee Play School Franchise

Kidzee Play School is one of the most popular and well-known play schools in Asia. With around 1900 branches across 700 cities in India alone, Kidzee has established itself as one of the largest and most successful playschool franchises in the country.

The popularity of playschools has grown significantly in recent years, and Kidzee has been at the face of this. The low-risk nature of this business model has made it an attractive option for entrepreneurs looking to enter the education sector.

Requirements

In order to start with the franchise the minimum land requirement must be met. The area of land required usually is minimum 2000-2500 square feet. The investment also will be typically more than the other franchises discussed above due to certain aspects in the educational sectors.

Investment Cost

The initial investment cost is usually higher from Rs. 5-10 lacs with a much higher rate of earning. But the franchise usually charges royalty fees. The royalty fees for Kidzee franchise usually goes up to 20%.of its sales.

Earning Potential

Kidzee has a very high earning potential. In estimation to that a normal parent has to pay Rs. 60,000 to Rs. 70,000 yearly to enroll their children for one program.

Kidzee usually provides three such programs. The seat limit is 450 which is full almost every time as per the information provided. The popularity of the brand really helps in making Kidzee a very trustful and popular option for playschools.