Cart 0
Travel Franchise
August 26, 2024
Exploring the MakeMyTrip Franchise Opportunity
Did you know that India’s travel industry is expected to grow by 8.87% by 2029? With such an impressive trajectory, now is the perfect time to consider investing in a travel franchise.
One standout option is the MakeMyTrip franchise, India’s leading travel company, founded by Deep Kalra in 2000.
Let’s see what makes this franchise opportunity so compelling.
MakeMyTrip’s Franchise History
MakeMyTrip began franchising in 2008 and has subsequently spread throughout India, with 100 franchise sites. The company provides a lucrative and organized franchise model, allowing franchisees to benefit from the brand’s proven market presence and complete support system.
Details of the MakeMyTrip Franchise
- Number of Franchise Outlets: 100
- Shop / Unit Area Required: 500 sq. ft.
- Franchise Tenure: 3 years
- Initial Investment: ₹10 Lakh – ₹20 Lakh
- Return on Investment (ROI): 7%
- ROI Time Frame: Up to 1 Year
- Type of Property Required: Commercial
Flexible Franchise Models to Suit Your Needs
MakeMyTrip offers several franchise models to accommodate different investment capacities and space availability:
| Franchise Models | Model 1 | Model 2 | Model 3 | Model 4 |
| Franchisee Fee (Non-Refundable) | ₹1,000,000 | ₹750,000 | ₹500,000 | ₹300,000 |
| Area Requirement | 400-600 sq. ft | 250-400 sq. ft | 400-600 sq. ft | 250-400 sq. ft. |
| Projected Fitment Cost | ₹400,000 | ₹300,000 | ₹150,000 | ₹100,000 |
| Min Expected Revenue/Month (1st Year) | ₹150,000 | ₹100,000 | ₹80,000 | ₹60,000 |
| Min Expected Revenue/Month (2nd Year) | ₹180,000 | ₹125,000 | ₹100,000 | ₹80,000 |
| Min Expected Revenue/Month (3rd Year) | ₹225,000 | ₹150,000 | ₹125,000 | ₹100,000 |
| Term of the Agreement | 3 Years | 3 Years | 3 Years | 3 Years |
Why Choose a MakeMyTrip Franchise?
Here are the top reasons why you should choose this travel franchising opportunity.
- Established Brand: MakeMyTrip has a strong brand recognition and loyal customer base. You can use this brand recognition to grow in this sector.
- Comprehensive Support: You receive extensive training, marketing, and operational support from the franchisor.
- Flexible Models: You can choose from various franchise models based on your budget and space.
- Profitable Investment: The best part – you also Enjoy a promising ROI of 7% within the first year.
How to Get Started?
Beginning your journey with a MakeMyTrip franchise is simple. The first step is to select the franchise model that best suits your investment and space requirements. Franchise fees range from ₹300,000 to ₹1,000,000, and shop area requirements vary. Choose a model that fits your business goals and budget.
Once you’ve decided on a model, the first investment comprises not just the franchisee fee but also the expected expenditures for your commercial location. The revenue predictions for the first three years look positive, with possible growth each year, providing a solid return on investment.
Ready To Start Your Travel Franchising Business?
The travel sector is blooming, with people showing high interest in traveling places, especially with reputed organizations like MakeMyTrip. And so, investing in travel franchises like the MakeMyTrip franchise is surely a strategic and profitable decision.
So don’t miss out on this opportunity to be a part of the thriving travel sector.
Are you prepared to take the next step in your business journey? Bharath Franchise is here to help.
We specialize in introducing budding entrepreneurs to the ideal franchise opportunities.
Contact Bharath Franchise today and let us help you turn your business dreams into reality!
Subscribe to our newsletter
Subscribe and never miss out on our latest news, podcasts, and resources.
Reach out to us
Fill and submit the form. We will get back as soon as possible.
Grab Free Resources to Grow Your Business
Read our Business Case Studies, White Papers, Research documents to grow your Business.