Specsmakers Franchise Opportunity - Franchise India
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  • Area Req
    200 - 500 Sq.ft
  • Investment Range
    INR 10 Lac - 20 Lac
  • Franchise Outlets
    10-20
Business Details

Specsmakers Opticians Pvt Ltd is one of South India’s fastest growing optical retail chain with a vision to provide best quality eye wear products, services at affordable & economical price range, across any geography in a city. With its humble start of a single store in 2007, the company has expanded its presence across 160 stores in Chennai, Bangalore, Madurai, Kanchipuram & Tiruvallur. The company caters to spectacle frames, lenses and accessories of its own brand and is one of India’s first home grown Single Brand optical retail chain. Specsmakers has been Awarded twice by Times of India for “South India’s Best Affordable Opticians” in the year 2015 & 2016 and "Excellence in Retail and Customer Service" by South India Retail Forum.

Investment Details

Commenced Operations

Operations Commenced On 2007

Franchising / Distribution Commenced On 2017

Franchise Details
Units

Investment INR 10lac - 20lac

Franchise/Brand Fee INR 500000

Royalty/Commission 40 %

Expansion Locations
North

- NA -

South

Karnataka, Tamil Nadu

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Anticipated percentage return on investment 200 %

Likely pay back period of capital for a unit franchise 2-4 Years

Other investment requirements NIL

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 200 - 500 Sq.ft

Training Details

Detailed operating manuals for franchisees Yes

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? 7-No of years Years

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