INSTANT APPLY




Industry

Fashion

Investment Range

Rs. 20 lacs - 30 lacs

Area Required

300 - 500 Sq.ft

Expansion Locations

PAN INDIA

Establishment Year

2010

Franchise Launch Year

2013

Brand Details

About Lenskart Franchise:

Lenskart looking for franchisees, a lifetime business opportunity for you to grab!

Lenskart Franchise is India’s largest online optical store that sells eyeglasses, sunglasses and contact lenses to more than 1,000 cities in India and abroad. A young and vibrant brand, Lenskart boasts of an infinite range of eyewear with a multitude of optical brands. There are thousands of glasses to choose from millions of satisfied customers across the nation.

Brand USP:

  • An established and credible name in the online and offline optical industry
  • A huge range of premium eyewear brands and designs
  • Low investment, high return business proposition
  • Franchisee makes 30% of net sales
  • Break-even period of 15-18 months

Eyewear Market Graph:

  • Indian eyewear industry is projected to reach a stupendous $ 14,856.9 million by 2018!
  • Its revenue stood at $ 1247 million in FY 2007, increasing at a CAGR of 27% between FY 2007–2013!
  • Acc. to the latest Govt. survey, the premium sunglasses segment which accounts for 30% of the Indian eyewear market, is growing at a rate of 40% per year!

Lenskart Franchise Support:

  • Initial brand activation through local media
  • Stock correction – NO DEAD STOCK EVER
  • Site selection and interior furnishing
  • Personnel recruitment & training module
  • Branding support by experts
  • Apply now for more details.

Contact Propertyyy Team to know more details about the Franchise.

Franchise Details

Investment - INR 20lac - 30lac

Franchise/Brand Fee - INR 224000

Royalty/Commission - 25 %

Anticipated percentage return on investment - 25 %

Likely pay back period of capital for a Unit Franchise - 1-3 Years

Other investment requirements - No

Property Details

Type of property required for this franchise opportunity - Commercial

Floor area requirement - 300 - 500 Sq.ft

Preferred location of unit franchise outlet - Near neighborhood clinics, near optical stores, malls, high streets, high traffic areas, corner shops, outlets facing the main road and lastly airports.

Training Details

Detailed operating manuals for franchisees - Yes

Franchisee training location - Company Location

Is field assistance available for franchisee ? - Yes

Expert guidance from Head Office to franchisee in opening the franchise - Yes

Current IT systems will be included in the franchise - Yes

Agreement & Terms Details

Do you have a standard franchise agreement? - Yes

How long is the franchise term for? - 5 Years

Is the term renewable? - Yes

Instant Apply




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