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.
· Low investment, high return business proposition
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!
Operations Commenced On 2018
Franchising / Distribution Commenced On 2018
Investment INR 20lac - 30lac
Royalty/Commission 20 %
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
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
Type of property required for this franchise opportunity Commercial
Floor area requirement 350 - 700 Sq.ft
Preferred location of unit franchise outlet any
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
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