Lenskart.com

Category: Opticians/Eye Wear
Area Req: 300-500 sqft
No. of Franchise Outlets: 40
Investment: GBP 1 Million - GBP 2 Millions

Business Details

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

Lenskart.com 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 with 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 35% 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!

Franchise Support:

Initial brand activation through local media
Stock correction every month – NO DEAD STOCK EVER
Site selection and interior furnishing
Personnel recruitment & training module
Branding support by experts

Apply now for more details.

Lenskart Team

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Lenskart.com Investment Details

Date Commenced Operations 2010

Date Commenced Frachising / Distribution 2013

Are you looking for Franchise?

Unit

AreaInvestmentFranchise/Brand FeeRoyalty/Commission

Store Wise

GBP 1 Million - GBP 2 Millions

1,70,000

35%

What areas are available for Unit franchise? International, Nationwide

Where are you looking for expansion?

Central London

Camden | Islington | Southwark | Westminster

East London

North London

Barnet | Enfield | Haringey

South London

Is there exclusive territorial rights given to a unit franchise? Yes

Are any performance guarantees given to unit franchisee? No

What is the anticipated percentage return on investment? 20%

What is the likely pay back period of capital for a unit franchise? 15-18 Months

Are there other investment requirements? No

Lenskart.comProperty Details

What type of property is required for this franchise opportunity? High street and commercial mall

Floor area requirement 300-500 sqft . (1 Sq Meter = 10.76 Sq Ft.)

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

Lenskart.comTraining Details

Do you currently have detailed operating manuals for franchisees? Yes

Where is franchisee training provided? On site training

Is field assistance available for franchisee? Yes

Will someone from Head Office provides assistance to franchisee in opening the franchise? Yes

What IT systems do you presently have that will be included in the franchise? Yes

Lenskart.comOther Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 years

Is the term renewable? Yes

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