vision quest optical Franchise Opportunity - Franchise India
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vision quest optical

  • Area Req
    350 - 700 Sq.ft
  • Investment Range
    INR 20 Lac - 30 Lac
  • Franchise Outlets
    No Outlets
Business Details

Vision quest optical looking for franchisees, a lifetime business opportuntiy for you to grab!

Vision quest optical is a multibrand optical store that sells branded  eyeglasses, sunglasses and contact lenses . A young and vibrant brand, vision quest 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.

Brand USP:

  •         An established and credible name in the optical industry
  •         A huge range of premium eyewear brands and designs

·         Low investment, high return business proposition

  •         Franchisee makes 20% of net sales
  •          Break-even period of 15-18 months

Eyewear Market Graph:

·         Indian eyewear industry is projected to reach a stupendous $ 14,856.9 million by 2018!

·         Its revenue stood at $ 1247 million in FY 2007, increasing at a CAGR of 27% between FY 2007–2013!

·         Acc. to the latest Govt. survey, the premium sunglasses segment which accounts for 30% of the Indian eyewear market, is growing at a rate of 40% per year!

Franchise Support:

  •          Initial brand activation through local media
  •         Stock correction – no dead stock ever
  •          Site selection and interior furnishing
  •         Personnel recruitment & training module
  •          Branding support by experts                                                                                 

Investment Details

Commenced Operations

Operations Commenced On 2018

Franchising / Distribution Commenced On 2018

Franchise Details
Units

Investment INR 20lac - 30lac

Royalty/Commission 20 %

Expansion Locations
North

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

Exclusive territorial rights to a unit franchise Yes

Anticipated percentage return on investment 20 %

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

Other investment requirements no

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 350 - 700 Sq.ft

Preferred location of unit franchise outlet any

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location In Franchisor head office

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-No of years Years

Is the term renewable? Yes

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