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.
Eyewear Market Graph:
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Operations Commenced On 2010
Franchise Commenced On 2013
Investment INR 20lac - 30lac
Franchise/Brand Fee INR 224000
Royalty/Commission 25 %
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Anticipated percentage return on investment 25 %
Likely pay back period of capital for a Unit Franchise 1-3 Years
Other investment requirements No
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.
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes