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  • Area Req
    650 Sq.ft
  • Investment Range
    INR 50 Lac - 1 Cr
  • Franchise Outlets
    - NA -
Business Details

About Himalaya Optical

The most trusted name in eyewear and vision care, Himalaya Optical started its journey in the year 1935 with the launch of its first optical retail store. With a legacy spanning over 80 years, the company has slowly established itself as a pioneer in bringing technologically advanced eyewear and vision care solutions in India. Decades of innovation has made Himalaya Optical an undisputed leader in its field, having served more than 100 million satisfied customers. Today, the company operates from more than 83 optical retail stores spread across the country in all major metros. Himalaya Optical believes in "increasing sales through increased customer satisfaction.' The company has a professionally qualified management team that efficiently manages the store operations through highly skilled and proficient manpower. 

Himalaya being one of the leading brands in the field of eyewear, operates Krishnalaya School of Optometry. It is an industry supported institute for education & training in optometry, and various job oriented short term training programs focused on employability& enhancement of the aspirants in eyewear and eye care industry. 

Support to the Franchisee

Complete set up: The franchisor will provide turnkey assistance right from site selection to set up of the store, including layout and design, architectural support, pre-opening purchasing assistance and organizing of launch promotions.

Advertising and Promotions: The franchisor will organize events specific to marketing and branding of Himalaya Optical at the national level, including participation in expos, sponsoring events, tie ups with publications and much more in collaboration with the franchisees. 

Inventory Management: The franchisor will play a major role in stock supply, control checks on goods delivery, replenishment ordering and product range maintenance. 

Training Program: The franchisor will conduct comprehensive training program covering service operations, standard checkup procedures, accounting, inventory control etc. In addition, employees from all verticals would be trained on a regular basis to continuously groom and enhancing their efficiencies. 

Operations Manual: The franchisor will provide an Operations Manual to maintain uniformity and operate franchise set up as per franchisor guidelines.

Franchisee Coordinator: The franchisor will appoint a Franchise Coordinator to bridge the communication between the franchisee and the franchisor.

Consistent Support: The franchisor will also facilitate franchisees in: Ordering of equipment; Preparation and issue of PO to approved vendors; Negotiation of suitable terms and organizing of lease; Monitoring of fabrication of the store, besides providing regular assistance in the service operations.

Dedicated Teams: The franchisor will have dedicated Problem-solving and Audit teams to help franchises in resolving issues and problems related to accounting/ inventory management.

Public Relations: The franchisor will ensure regular coverage at national and regional level, besides helping in centralized brand building through print, outdoor, web and electronic media. 

Investment Details

Commenced Operations

Operations Commenced On 1950

Franchising / Distribution Commenced On 2015

Franchise Details
Units

Investment INR 50lac - 1 Cr.

Franchise/Brand Fee INR 4 lacs

Royalty/Commission 35%-40% %

Expansion Locations
North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

East

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

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

- NA -

Franchise Details

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment Grows every year ave %

Likely pay back period of capital for a unit franchise 2.11 years.

Other investment requirements No

Property Details

Type of property required for this franchise opportunity Owned or Rented.

Floor area requirement 650 Sq.ft

Preferred location of unit franchise outlet High street or shopping mall

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Kolkata, company headquarters

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 & Term 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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