Overview of Franchise Businesses in India
As the fastest-growing economy, India has tremendous potential for franchising business. In 2012, the franchising business in the country was worth ₹ 938 billion. By 2022, the franchising market is projected to reach ₹ 10,500 billion, growing at a compound annual growth rate (CAGR) of 24%*.
Seeing this potential, establishing a mark in the franchising industry is considered a viable option for many aspiring entrepreneurs. The government of India, with initiatives such as Startup India, Make in India, ASPIRE, etc., is emphasizing on unlocking the entrepreneurial spirit that has been a major driving force in the adoption of the franchise business models. If you are ready to take the leap into the franchise sector, you can be part of Indicash ATM Franchisee. As compared to a start-up business, an ATM franchise business model has the potential to earn 33% of ROI in the first year itself. It is a lucrative investment, and anyone can get into the business!
Why is Indicash ATM Franchise better than others?
- Tata Communications Payment Solutions Limited (TCPSL) owns and operates India’s first and one of the largest white label ATM (WLA) network – ‘Indicash.’
- Indicash ATM Franchise Model is an asset lite, high margin business opportunity with minimum investment and high returns.
- It has a comprehensive operation and training program for franchisees.
- It covers responsibilities specific to ATM maintenance and branding.
Investment Vs earnings explained to run Indicash ATM Franchise business:
- Indicash ATM Franchise Business is a low-cost investment model. All you need is a minimum investment of *₹ 5 lacs (subject to franchisee’s investment plan) and commercial space of 60 to 80 sqft in a high footfall location.
- You earn ₹ 8 and ₹ 2 for every cash and non-cash transaction, respectively. Let’s understand Investment Vs. Earnings with the help of an example:
- For instance, if you have invested around ₹ 5 lacs and assuming 100 transactions are performed per day at a specific Indicash ATM, your estimated earnings would be approx.₹ 1.6 lacs in the first year itself.
- Supposing there is a 10% annual growth year-on-year in the number of transactions for 5 years consecutively, there is a possibility of earning ₹ 2.6 lacs in the 5th year. The cumulative earning over 5 yrs could be over ₹ 10lacs.
- You get to earn a healthy return on investment of around 33% in the first year itself. In the fifth year, you can earn an estimated ROI of up to 53% (based on assumption that there is year on year growth of 10%).
- With Indicash ATM Franchise, you can earn with every transaction from day one with no minimum transaction criteria.
You can be a part of the Indicash ATM Franchise Model by taking ownership at an existing Indicash ATM site or open one at a self-owned commercial space (60-80 sqft) set in a high footfall location. Be a part of one of the largest network of WLA ATM operator to provide access to cash services to the rural population and contribute to the financial inclusion agenda.
*Source: https://bit.ly/3dqtiDG