The Right Business Options

Here are a few low-cost franchise business opportunities to kick start your business that assure big returns

- Abha Peer Garyali

Low investment businesses are a boon for aspirants with limited capitals but big entrepreneurial dreams. Investing in a low-cost business does not necessarily mean low earnings. On the other hand, low-cost service centric businesses can promise a quick break-even and high return on investment. Five low-cost, service-centric franchise options for the beginners:

LAUNDRY BUSINESS

According to Euromonitor International, the laundry industry would achieve a whopping market size of $76 billion by 2018. The laundry industry has largely remained unorganized in India with close to a million operators scattered across the country. However, the past 10 years have been exciting for the segment, where multiple new entrants and existing players have tried to create ‘brands’ and introduce consolidation in the industry. Arunabh Sinha, Founder & CEO, UClean, shares: “The low investment has helped several passionate aspiring entrepreneurs under the UClean umbrella.” On adopting the franchise model for expansion he adds, “India has a potential of 1,000 stores over the next five years. The only way to scale the model rapidly without it being capital intensive would be to take the franchise route and co-build the brand alongside some passionate entrepreneurs as franchises.” Brands like The Laundry House, PressTo, UClean, Dhobiwala, etc. have already made their marks.

• Investment: