Retail
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Lenskart

  • Category : Retail
  • Established : 2010
  • Franchise Started : 2014
  • Brand Outlets : 43
  • Investment : 18 To 20 Lacs

What’s Lenskart? 
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 18-24 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



Franchise Investment Requirements:

Single Unit :

18 To 20 Lacs

Franchise Fee :

1.7 Lacs

Equipments :

Yes ( Included In Investment)

Furniture And Fixtures:

Yes ( Included In Investment)

Advertising / Marketing :

Yes ( Included In Investment)

Expected Pay Back Period:

18 To 24 Months

The Expected Return 
On Investment To The Franchisee:

20%

Any Other Investment Needed:

No

Looking Expansion In Areas:

Pan India


Franchisee Training Details:

Field  Assistance Available  For  Franchisees:

yes

Franchise  Traning programme:

yes

Detailed  Operating Manuals  For Franchisees:

yes 

Need of IT System:

Yes ( Software Provided By Brand)  

Assistance  From Head Office To Franchisee:

yes

Franchise Investment Requirements:

Required Property For This Franchise Opportunity:

Commercial

Required  Floor Area:

300 - 500 Sq Feet

Preferred  Location  For Unit  Franchise:

Hight Street / Mall

Office  Staff Required:

yes

Computer  / System :

yes

Internet  Connection :

yes


Franchise Website Details:

Email

honeychawla@valyoo.in

Website Url

www.lenskart.com

Franchisee Other Details:

Have  standard Franchise  Agreement:

Yes

Franchise  Term:

5 Years


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