Do you want to start a business in Pune? Are you looking for profitable business ideas here? We craft this article with an intent to provide the top 10 small business ideas in Pune with low investment.
In the time of choosing a business idea, you must consider the local demographics, purchasing behavior and market potential. Certainly, you must select a product or service that has already demand in that particular area.
Broadly, you can open a retail outlet in two ways. One is stand-alone and another is shop-in-shop. For the second option, malls or multiplexes are the most perfect place. In Pune, Phoenix, Pavillion, and Amanora malls ensure high footfalls even on the weekdays. Therefore, these are the ideal places for retail and also highly expensive. Also, Pune ranks the number one city in India in the ease of living ranking index.
Before initiating a retail business, you must study the local market first. Also, follow the retail journals to get different brand activities in your area. These all will help you in selecting the right options and initiating your business smoothly.
10 Best Business Ideas in Pune
#1. Beauty Salon & Spa
The beauty industry is growing rapidly in Pune. Generally, the family salons that offer a wide range of services are very popular here. Also, the niche salons like the hair salon, nail art salon or tattoo parlors are doing well these days. So, if you have a keen interest in the beauty industry, opening a salon is the right opportunity for you.
Generally, the startup investment amount depends on the size of the store and the services you want to provide. If you don’t have any previous experience, you can consider buying a franchise. Find here, Top Beauty Salon Franchise Opportunities in India.
#2. Cartridge Refilling Business in Pune
Pune has emerged as a new hub for tech startups in India. Also, it is an IT hub. So, there is always a good demand for cartridge refilling here. Apart from visiting the store, people prefer doorstep service. In this business, both domestic and commercial houses may become your customers.
Opening a cartridge refilling business requires specific skills and knowledge. Also, you must have trained employees and the right technology. However, with a minimum startup investment, you can start this business.
#3. Car Wash
Pune is the home of so many automobile companies that have the manufacturing unit here. Bajaj Auto, Tata Motors, Mahindra & Mahindra, Mercedes Benz, Force Motors, Kinetic Motors, General Motors, Land Rover, Jaguar, Renault, Volkswagen, and Fiat have set up greenfield facilities near the city. The city is also popular as India’s “Motor City”.
Hence, the car population density is also very high. And almost every car owner looks for a reliable and efficient car wash service on a daily basis. Apart from opening a car wash zone, you can also consider the mobile car wash.
#4. Clothing Store
The apparel industry is expanding rapidly in Pune. You can find a lot of national and multinational apparel brands opening their counter in the city areas. Hence, opening a multi-brand clothing store is an ideal opportunity in Pune.
Opening a clothing retail business demands upfront startup investment. You will need to secure a retail space and need to procure the inventory for the store. Also, you will need to concentrate on local promotion and advertisement. For beginners, we recommend opening the business as a franchise partner of an established brand.
#5. Coffee Shop Business in Pune
This is another great opportunity that you can explore with low investment. However, you will need to have a retail space in a prominent location with a wide window front. Also, you need inventory stock and trained employees. Additionally, you must provide a comfortable inside ambiance, air conditioner, free WiFi, etc.
Actually, the demand for coffee shops is increasing very fast in India. This type of destination is perfect for professional meetings, family gatherings and even for friends get together. You can find a lot of national and multinational brands that are looking for a franchise partner in Pune.
#6. Florist Outlet
Opening a flower shop is a profitable business in Pune. Nowadays, florists not only sell flowers but also sell gift items, tabletops, and wall hangings. According to the specific order, florists deliver the items to the destination at a specific time. That is why you must have an online shop too.
Flower shop or florist business ensures a high margin per unit. However, it is a little bit tricky too. Here, you deal with a highly perishable inventory stock. So, you must pay attention to storing the flowers properly. Also, you can consider buying a florist franchise like Floralis.
#7. Gift & Decorative Items Selling in Pune
Generally, gift shops sell a wide range of items. Some of the major products are gift cards, pen sets, home decor, table tops, clocks, soft toys, etc. Also, the business ensures a high-profit margin. Sourcing is the most important factor in this business. You must keep the product according to the choice of the local demographics.
You can find a lot of professional gift shop franchise opportunities in Pune. Some of the most popular brands are Archies, Presto, etc.
#8. Gym or Healthcare Center
Opening a gym or fitness center is a perfect opportunity in the metro city of Pune. Today’s young generation wants to look smart with a well-toned perfect body. Additionally, regular gym activity helps to enhance the body fitness thoroughly. Also, several IT companies establish a gym at their work premises for their employees. Hence, the demand for gym or fitness center has grown exponentially.
Opening a gym requires an upfront startup investment. Also, you need a wide space with specific interior and equipment.
Do you enjoy spending time with kids? Do you enjoy teaching them? If yes, you can definitely consider opening a preschool in Pune. Starting a preschool business is actually contributing to building your nation for the future.
Opening a preschool is also one of the most perfect small business ideas for housewives in Pune. You need a wide space and also some open sky areas for outdoor activities. If you don’t have any previous experience in operating preschool, then you can start as a franchise partner of an established brand.
#10. Shoe Store & Leather Accessories
Opening a shoe store with other leather accessories is a lucrative opportunity in the retail segment. As it is an inventory oriented business it requires startup investment. Additionally, you will need to secure a large retail outlet in a high traffic area. However, you can also think about opening a multi-brand store.
Some of the most popular brands are Sreeleathers, Nike, Sreeleathers, Puma, Adidas, Khadims, Bata, etc. Both the dealership and franchise opportunities are available for most of the reputed brands in India.
While Pune is rated as one of the best retail markets in terms of warehousing and supply chain, it faces stiff competition too. So, select the business wisely depending on your skill, expertise and investment capacity.