Eyefoster

Area Requirement 150 - 250 Sq.ft
Investment Size INR 10 Lac - 20 Lac
Franchise Outlets Less than 10

Business Detail

Eyefoster was founded to provide higher-quality, better-looking prescription eyewear at a fraction of the going price by avoiding traditional channels, designing glasses in-house, and communicating with customers directly.

We believe that purchasing glasses should be simple and enjoyable. It should make you happy, appealing, and leave you with money in your pocket.

Investment Detail

Commenced Operations

Operations Commenced On 2018

Franchising / Distribution Commenced On 2023

Franchise Details

UNITS

Location Store wise

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 125000

Royalty/Commission 10 %

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 30%

Payback Period 2-3 Years

Property Details

Type of property required for this franchise opportunity Domestic

Area Requirement 150 - 250 Sq.ft

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? Lifetime

Is term renewable? Yes