9 Best Travel Agency franchise in India
Travel and tourism is a rapidly growing sector in India, which contributes a significant amount to the country's economy. It has seen rapid growth in the past few years and is known for having a stable profit range. If you want to start any new venture in India without the risk of an original brand, then investing in travel franchises is the best option.
This article provides a list of travel agency franchises in India that can give you the right business ideas if you are on a venture to start your franchise.
Top 9 Travel Franchises in India
As per recent data, the tourism sector is expected to reach ₹154.59 Crore in the year 2023 with considerable growth of its revenue. This goes to show that a franchise in this sector ensures quick profitability.
Here are the top 9 best travel franchises in India you must check out for your venture.
1. Cox & Kings | Investment Required: Starting from ₹10 Lakh
Cox & Kings is a travel luxury brand having worldwide recognition. It started its franchise in 2009 and has now 150 franchise units since then. This company has its headquarters in India and the UK. Its growing revenue shows growth potential. You can visit the official website of the company to get started with its franchise business at a nominal investment.
- Area Requirement: 250 - 1000 square feet.
- Franchise Details: From the official website.
- Profit and Margins: 25% ROI on capital investment.
2. SOTC | Investment Required: Starting from ₹7 Lakh
SOTC started its franchises in 1997 and currently has more than 100 franchise units across India. The registered office is located in Mumbai. You do not need to have any experience in the travel industry to partner with SOTC and can expect to get a return on investment within 12-14 months after setting up the business. The wide following and loyal customer base of this company will ensure a stable income.
- Area Requirement: 200 - 300 square feet.
- Franchise Details: From the official website.
- Profit and Margins: NA.
3. Thomas Cook | Investment Required: Starting from ₹3 Lakh
Despite serving for 38 years, Thomas Cook has been franchising since 2009. It has about 40 franchise units across India. Its annual revenue has increased significantly compared to the previous year. It is one of the best travel agency franchises in India where you can invest without thinking twice, expecting an impressive return on investment within the first year.
- Area Requirement: 1500 - 1800 square feet.
- Franchise Details: From the official website.
- Profit and Margins: NA.
4. Club Mahindra | Investment Required: Starting from ₹5 Lakh
Club Mahindra is part of the parent company, Mahindra Group which serves both in India and abroad. It started franchises 6 years after its establishment and is running successfully at present. Investing here is a safe option as this company tops the list among the travel agency franchise opportunities in India. It will not disappoint you with its huge customer base and reputation.
- Area Requirement: 300 - 500 square feet.
- Franchise Details: From the official website.
- Profit and Margins: Gross profit margin of 15.55%.
5. Make My Trip | Investment Required: Starting from ₹10 Lakh
Make My Trip has expanded its business since its inception and now has about 20 to 50 franchise units all over India. It is one of the most profitable travel franchise business opportunities in India, with rising revenue. It can be a great option for franchise investment if you have limited experience but a complete interest in travel and tourism.
- Area Requirement: 300 - 500 square feet.
- Franchise Details: From the official website.
- Profit and Margins: 3.81%
6. Cleartrip | Investment Required: Starting from ₹5 Lakh
Cleartrip initiated its franchise business in 2007 and now has above 20 franchise units across India. The company encourages young business enthusiasts to come forward and enter into partnerships. There are no specific requirements other than the basics for starting this franchise venture. You can expect a steady ROI by inventing a nominal capital in this franchise.
- Area Requirement: 250 - 700 square feet.
- Franchise Details: From the official website.
- Profit and Margins: 5%-6% profit margin.
7. Yatra | Investment Required: Starting from ₹2 Lakh
Yatra started its franchise model in 2017, and since then, it has opened around 20 to 50 franchise units in India. It is a well-known travel agency franchise in India as it provides all types of travel convenience and support to customers. It has successfully developed a strong and loyal customer base with its impressive services and affordable price range. This franchise ensures a stable income.
- Area Requirement: 300 - 500 square feet.
- Franchise Details: From the official website.
- Profit and Margins: NA
8. EaseMyTrip | Investment Required: Starting from ₹7.5 Lakh
EaseMyTrip has a constant growth record and can be a worthy travel agency franchise in India. It has over 500 franchise units across different parts of India. Its growing revenue shows that there is a high possibility to earn a fairly large amount of money by running this franchise. You can start this venture without requiring much investment or documents.
- Area Requirement: 400 - 600 square feet.
- Franchise Details: From the official website.
- Profit and Margins: 29.9% profit on the entire booking value.
9. Run4trip Holidays | Investment Required: Starting from ₹2.5 Lakh
The main roots of Run4trip Holidays are in Ahmedabad which started franchising from the year 2019. It will take an approximate period of 30 days to do the complete setup. You can expect ROI within 10-12 months from starting the business. Moreover, the franchise experience will also help you learn more about the travel industry.
- Area Requirement: 150 - 300 square feet.
- Franchise Details: From the official website.
- Profit and Margins: NA
That was our list of the top travel agency franchises in India you must check out for a profitable business venture. As this article pointed out, the tourism sector has been growing rapidly in recent times. If you take an interest in travel, this is the right sector for you. You can start a franchise business with a nominal investment and make quick profitability.