Launching a franchise business in India will cost you a million bucks is a common myth. However, the truth be told, anyone can become a prudent entrepreneur by starting a franchise business that won't cost an arm and a leg. Today, the market is filled with a myriad of affordable options, such as low-cost retail franchises, where you can invest as a private individual. Moreover, India has nourished hundreds of low-cost franchise businesses belonging to different industries, including retail, education and entertainment. This approach has opened many doors of opportunity for individuals to become entrepreneurs and companies looking to reach an unreachable audience. Listed below are the top 5 retail franchise businesses in India in which you can invest!

Giani's

Giani's is the first name that pops up in our minds when we are ordering ice cream. Launched in 1956, amid the busy lanes of Chandni Chowk (Delhi), Giani's is India's oldest ice-cream parlour. Over time, it has won countless hearts and been unsurpassable ever since. At present, the renowned food and beverages brand stands proud with 50+ franchise units that experience significant returns on the investments made. So, be a part of the family by investing in low-cost franchises business with Giani's.

Industry: Food and beverages (desserts and ice creams)

Founded in: 1956

Investment: INR 11-14 Lakhs.

Franchise units: 50+

Ferns N Petals

Ferns N Petals is India's #1 online store that fulfils all your gifting needs. It is one of the fastest-growing companies that has seen unparalleled success ever since its establishment in the year 1994. You can choose from their exclusive collection of gifts, flowers and cakes & deliver them to any part of the country. For people interested in setting up a low-cost franchise business with Ferns N Petals, the firm offers several affordable options PAN India and internationally.

Founded in: 1994

Industry: Retail (gifts)

Investment: INR 9 - 11 Lakhs

Franchise Units:

InXpress

InXpress is a global shipping franchise company that is a pioneer in providing world-class shipping services around the globe. Over the decade, they have made a considerable impact in the shipping industry and brought technologies that are proven to save time and money. The brand gives an opportunity to run a scalable and profitable freight business by investing in low-cost franchises business with InXpress. To associate with the InXpress franchise in India, you require a minimum investment of INR 10 to 15 lakhs. The advantage of becoming an investor with InXpress is that it is economical, you can expect steady business and high earning potential.

Industry: Courier and delivery

Founded in: 2011

Investment: INR 10 - 15 Lakhs

Franchise units: 350+

Subway

Subway is an internationally-acclaimed company that has made a strong statement ever since it entered the market. This largest sub-sandwich chain is the beloved of every fast food lover that drools over its varieties of salads and sandwiches. If you have been eyeing to be a part of this fast food joint, you will need INR 55 - 60 Lakhs to set up a franchise and also need to meet quality and safety standards to get the license. Given its loyal fanbase, it only makes sense to invest in low-cost franchises business with Subway.

Industry: Food and beverages

Founded in: 1965

Investment: INR 55 - 60 Lakhs

Franchise units: 43,800+ worldwide

Lenskart

Who hasn't heard of Lenskart? Not only is it among the fastest-growing eyewear brands in India, but it is also offering affordable and profitable franchise investment options in India. At present, 500+ profitable stores are spread across 120+ cities. Also, it operates both online and offline & expanding its retail footprint. To be a part of this brand's name, you need about INR 25 - 35 Lakhs. So investing in this low-cost franchises business with Lenskart is definitely worth the money and offers great prospects.

Industry: Eyewear

Founded in: 2010

Investment: INR 25-35 lakhs

Franchise units: 500+

The trend of buying a franchise of an already established brand is the best thing that has happened lately. After all, you get to be a successful business owner in a much shorter time without even breaking your bank. So, choose from any of the above options and become a franchisee.