Do you want to start a profitable small business in Dehradun in the state of Uttarakhand? If so, explore here a list of top franchise opportunities in the major cities like Dehradun, Rishikesh, Haldwani, Haridwar, Roorkee, and Rudrapur.
Uttarakhand is famous for paper mills. You will find those plenty in this state. Businesses like mineral water plants, wooden furniture plants, tea, and other cash crops plantation, dairy farms, milk processing industries can be set up easily because of the close proximity of hill areas.
Here we have compiled top popular and profitable business ideas and franchise opportunities currently available in Uttarakhand. This list will help you in making an informed decision in selecting the right one.
Top 10 Business Ideas & Franchise Opportunities in Dehradun, Uttarakhand
Food is one of the most profitable sectors in starting a small business. And it is most profitable in the city areas where the population density is high. If you want to start a low-cost business then you can consider opening a bakery.
Generally, the bakery sells different types of cakes, biscuits, pastries, cookies, bread, etc. Bakeries also sell delicious snacks items in both the veg and non-veg segments. Apart from starting your own, you can open a bakery with fewer efforts as a franchise partner of an established brand.
#2. Beauty Salon
Broadly, the beauty industry includes beauty, fitness, slimming, rejuvenation, beauty products and counter sales. Currently, it is one of the most growing segments in the entire healthcare industry. If you want to make money from this, you can consider starting a beauty salon in a good location in a city area.
Even if you are not confident enough in starting a full-scale salon, you can open concentrating on a niche. As an example, it may be a hair salon or bridal makeup salon or tattoo parlor or only a nail lounge. In every category, you will get lucrative franchise opportunities available in the state Madhya Pradesh.
#3. Cartridge Refilling
If you want to start a business in the service industry that serves both the domestic and corporate clients, you can consider this. Also, it’s an eco-friendly business that helps in reducing pollution. Cartridge refilling is a multi-billion dollar industry. Also, it is a fast-growing business with estimated market size of Rs.4000 crores in India.
Starting a cartridge refilling business requires technical know-how, proper planning, promotion, etc. So, if you are a beginner, it’s better to start as a franchise partner of a reputed brand.
#4. Computer Training Institute
Uttarakhand is home to a number of universities and degree colleges. Additionally, Dehradun is known as the school capital of India. So, starting a business in the education industry is a highly lucrative opportunity for entrepreneurs. And a computer training institute is a profitable and low-cost business in this segment.
Apart from the basics, you can opt for specialized training like animation, hardware, etc. Also, you can find a low of renowned franchise opportunities available in the state.
#5. Fast Food Business
The primary food of Uttarakhand is vegetables with wheat being a staple. However, people also consume non-veg food items. In the city areas and small towns, fast foods are gaining rapid popularity these days. Hence, if you have a good retail location, you can consider opening a fast food stall there.
Food is a perishable item. So, the business demands adequate knowledge in handling food items and proper planning. You can start your own or start by buying a renowned franchise brand.
#6. Momo Shop
Commercially, the momo is both a roadside hit and a potential restaurant menu these days. The growing culture of eating out has also made people love momo for its taste and healthy proposition. Therefore, in the current economic situation, momo is a fantastic food to sell and earn profits.
There are several ways you can open a momo business with the variable investment capacity. Some of the most potential options are momo stall, restaurant, or take away only.
#7. PCD Pharma
PCD stands for Propaganda cum Distribution. It is also popular as franchise marketing. Generally, small pharma companies come under this segment. They have a large base of Stockists & Distributors in the region of their operations.
Healthcare is an evergreen industry. And you can start this business with a small startup investment. You can find a lot of established pharma companies who offer PCD franchise.
#8. Petrol Pump or Fuel Station
If you want to start a business that has the potential of earning sustainable revenue, then the petrol pump is a lucrative opportunity for you. Definitely, the business demands moderate startup investment and a large commercial space in a good location.
Generally, the petroleum companies recruit distributors through publishing the advertisement in the national newspaper. However, you can also apply from the official websites of companies like HP, Essar, Indian Oil, Bharat Petroleum and Reliance.
Due to the increasing number of working couples, the demand for quality preschool is growing. Most of the parents look for responsible playschools for their kids in the nearby areas. Opening a preschool is a perfect business for the individual who loves to spend time with children.
Opening a small preschool doesn’t demand much capital. However, it requires proper planning, marketing strategy, administration, staff training, etc.
#10. Travel Business
Tourism is one of the key industries in the state Uttarakhand. The state has many tourist spots due to its location in the Himalayas. There are many ancient temples, forest reserves, national parks, hill stations, and mountain peaks that draw a large number of tourists.
Therefore, starting a travel business is highly lucrative here. Also, the business requires a small startup investment and a small commercial space for operation. Online ticketing, package tour, hotel booking are the most potential fields in this segment. Also, you can consider becoming an authorized agent of the travel giants like MakeMyTrip, Yatra, Thomas Cook, Goibibo, etc.
These are the top trending franchise business opportunities in Uttarakhand. Analyze and decide whether this business opportunity fits you as per your skills, experience, interest, and knowledge.