Looking for the best franchise in India under 5 lakhs? No need to search any longer! Introducing a profitable franchise opportunity that meets your financial limits while promising significant returns on investment This excellent franchise opportunity combines a tried-and-true company strategy, comprehensive assistance, and an active marketplace to assure your entrepreneurial success. This franchise is your passport to financial freedom, with low initial requirements and great potential for growth. Don’t pass up this amazing opportunity to be a part of the best franchise in India under 5 lakhs in 2024.
Table of Contents
Introduction
In India, franchising has become a popular business strategy, offering entrepreneurs a ready-made business concept, operational support, and proven brand recognition. However, the heavy costs of beginning a franchise are sometimes a major barrier for potential entrepreneurs. Fortunately, there are various best franchises in India under 5 lakhs in 2024.
List of Best franchise in India under 5 lakhs in 2024
| S. No | Best franchise in India under 5 lakhs in 2024 |
|---|---|
| 1 | SAMOSAZZ |
| 2 | MOMOMIA |
| 3 | Baja electronic |
Best franchise in India under 5 lakhs in 2024
1. Samosazz
About
Samosazz, promoted by Sarva Saatvik Foods, is a well-known food franchise in India known for its high-quality culinary products. It provides budding entrepreneurs with a terrific opportunity to enter the food sector for a low-cost investment of less than 5 lakhs. Samosazz is well-known for its tasty and creative food options, making it a favourete choice among customers. Its commitment to producing high-quality food items distinguishes it from the competition, offering a pleasurable eating experience for all.
Requirements for a Samosazz franchise in India under 5 lakhs
| 1 | Area for outlet | 100 to 150 Sqft crowded or market area. |
| 2 | Franchise Fee | 2.5 lakh +GST |
| 3 | Cost of Equipment | 1.5 lakh |
| 4 | Interior Cost | 2 lakh |
| 5 | workers | 2 to 3 working staff |
| 6 | Food Menu | Menu |
| 6 | Contact form | https://samosazz.in/franchise/ |
Why should you select samosazz?
The product is well-known, and it is possibly the most popular Indian snack of all time. Flavors of India is the icing on the cake that will quickly make this notion popular. The taste, quality, and range of items enable the store to scale in all seasons.
- Low startup costs and strong profit margins
- Excellent sales margins Easy to prepare food with minimum waste
- Large items are delivered to your door.
- Simple and standardized approach to be followed
- Food goods do not rely on expert labour.
- Franchisees receive ongoing training.
- A Mobile Outlet can be installed in a small food truck or an E – Rickshaw.
Support and Benefits
- Franchisees receive regular training.
- Store Layout and Designing Site Selection
- Establish business
2. MOMOMIA
About
Momomia, a well-known best-food franchise in India under 5 lakhs, specializes in momos, a popular dumpling delicacy also popular in Nepal and Tibet. Debasish Majumder, a former banker who changed into an entrepreneur motivated by a passion for food and an ambitious goal to make his own mark in the market, is the genius behind this culinary success. Momomia began as a small food machine in Guwahati, a lively city tucked in the beautiful Northeastern region of Assam. However, it swiftly acquired importance, attracting both locals and visitors with its wonderful momo dishes.
Take a look at the Momomia Franchise! Momomia is a well-established business with over 120 shops across India, a committed management team, and a broad menu that has something for everyone.
Founder: Debasish Majumder
Space required 200 square feet.
Momomia’s food menu items
Franchise partner:
In addition, the organization helps new entrepreneurs by providing franchise opportunities with a brand fee of Rs 2.5 lakh + GST and assistance with training, hiring, software support, and social media promotion. Momomia charges a monthly fee of 5% three months after the franchise is launched. Momomia is clearly a prominent destination for momo enthusiasts nationally, thanks to its ongoing expansion and commitment to assisting entrepreneurs.
Support and Benefits
- Store Layout and Design Site Selection
- Purchase of retail fixtures
- Merchandise Supply
- The opening of the store
- Standard Operating Procedures (SOPs) for computer terminals and software
- Sales, systems, and SOP training for franchisees and staff Marketing and promotion assistance (strategic and design)
- Inventory Control
For the best food franchise in India under 5 lakhs, contact Momomia contact details.
3. Baja electronics
About
Bajaj Electronics is a well-known electrical retail chain in India. It is providing best franchise in India under 5 lakhs in 2023. The brand has a long and illustrious history in the electronics sector. Bajaj Electronics responds to its consumers’ different requirements and tastes by offering a wide selection of consumer electronics, including appliances, gadgets, and home entertainment systems.
Take advantage of the opportunity to become a franchisee of Bajaj Electronics, a well-known name in the electronics sector. Profit from their franchise concept, which includes both service centers and product sales. This franchise opportunity is a gateway to success because of their trusted reputation, thorough assistance, and a vast choice of high-quality gadgets. Join the Bajaj Electronics family and capitalize on the market’s growing demand for dependable service and high-quality products.
Space required 250 to 500 square feet
Bajaj Electronics products.
Baja Electronic Best franchise in India under 5 lakhs:
Bajaj Electricals Ltd. is looking for Service centers and authorised service franchisees in various regions of India to manage service operations. Interested parties must have prior experience in after-sales support for small home appliances and fans.
Support and Benefits
- Establish business
- Training and Support
- Marketing and Advertising
- Economies of Scale
Contact Bajaj Electronics for more information about franchise opportunities contact details.
Conclusion
Finally, Best Franchise in India under 5 lakhs in 2023 provides an amazing option for prospective entrepreneurs in India to begin a business with a small investment. To ensure the franchise’s success and profitability, it is critical to undertake thorough research, evaluate the franchise agreement, and build a good business strategy. A low-cost franchise can provide a meaningful and lucrative business opportunity with the correct attitude, dedication, and hard work.
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FAQs
1. Which franchise is best in India under 5 lakhs?
MOMOMIA food franchise and Bajaj Electronics are the best franchises in India under 5 lakhs in 2024.
2. Which type of franchise is best in India?
Food franchises are the best in India.
3. What makes the Samosazz franchise a top choice under 5 lakhs?
Samosazz, offered by Sarva Saatvik Foods, stands out with its delicious and diverse food options. For an investment of less than 5 lakhs, it provides a well-known brand and a commitment to high-quality culinary products.
4. Why should I consider MOMOMIA for a food franchise under 5 lakhs?
MOMOMIA, specializing in momos, offers a proven business model with over 120 outlets across India. With a commitment to quality and a broad menu, it’s an attractive option for entrepreneurs seeking a food franchise.
5. How does Bajaj Electronics stand out among electrical retail franchises under 5 lakhs?
Bajaj Electronics, a renowned electrical retail chain, offers a franchise opportunity with a trusted brand and a wide selection of consumer electronics. It caters to the growing demand for reliable service and high-quality products.
6. What space requirements are needed for these franchises?
Samosazz requires 100 to 150 sqft, MOMOMIA needs 200 sqft, and Bajaj Electronics recommends 250 to 500 sqft for their franchises.
7. Do I need previous experience to run a franchise under 5 lakhs?
Many affordable franchises are designed for beginners, offering training and support, making prior experience optional.
Thanks for shedding light on the best franchise options in India under 5 lakhs for 2024! Your insights are invaluable for aspiring entrepreneurs seeking low-cost yet promising opportunities. Keep sharing your expertise!