Satnam optical lab is a brand of sunglasses; all company ophthalmic lenses and contact lenses have been in the optical field since 2010 as an ISO 9001:2008 certified company.
SOL ventured into the eyewear segment recently. The move was an initiative to redefine the industry and straddle the marketplace with exacting quality standards, unparalleled in India’s eyewear industry. SOL offers a wide range of stylish and contemporary eyewear through exclusive optical stores across the country.
Benchmarked against the best in the world, SOL will herald standardization in sync with quality and trust, offer international quality standards and practices coupled with various aspects such as transparency in pricing, style, and contemporary design in the eyewear segment, and introduce new practices in the highly fragmented and undifferentiated Indian optical retail segment.
Operations Commenced On 1996
Franchise Commenced On 2010
Investment INR 10lakh - 20lakh
Franchise/Brand Fee INR 400000
Royalty/Commission 20 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 10 %
Likely pay back period of capital for a Unit Franchise 1-1 Months
Delhi
- NA -
- NA -
Goa, Gujarat, Rajasthan
- NA -
Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 300 - 500 Sq.ft
Preferred location of unit franchise outlet Jaipur
Franchisee training location 3 months
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? 3 Years
Is the term renewable? Yes
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