Are you looking for Lenskart Franchise then you are at the right place, here we have discussed the details about lenskart optical franchise.
Lenskart.com is India’s fastest growing eyewear business today. The mission is to give vision to every Indian at an affordable price. Lenskart is looking for entrepreneurs to partner with us to revolutionize eyewear in India. Lenskart already has 160+ profitable stores countrywide. We also have special programs for women entrepreneur.
In this article, we look at the procedure for starting a Lenskart Franchise in detail.
Lenskart Franchise Business Opportunity
In India, Lenskart is one of the fastest-growing eyewear business, which was started in 2010 by Peyush Bansal.
Lenskart owns a range of eyewear from eyeglasses, sunglasses and contact lenses and is present in more than 1,000 locations. Also, Lenskart provides opportunities for entrepreneurs and those wishing to establish a business in the eyewear field (industry).
The eyewear industry in India has today turned into one of the fastest-growing retail sectors in the country. In 2016, the Indian eyewear market was estimated around Rs.8,400 crores and is projected to grow to Rs.12,600 crores in the coming years. So, having the advantage of the above exponential growth in the eyewear field, entrepreneurs can start a Lenskart franchise to make use of franchise opportunities.
#1. Lenskart Franchise Cost
Lenskart Franchise Investment:
Rs.25 Lakhs to Rs.30 Lakhs
Lenskart Brand Fee:
An interested applicant is required to invest an amount of Rs.25 Lakhs to Rs.30 Lakhs and additionally brand fee of about Rs. 2,00,000.
#2. Lenskart Store Area Specifications
Area Required for Lenskart:
300-500 sq ft
The outlets are set-up with square feet ranging between 300-500 square feet; and are located in potential areas such as near optical stores, near neighbourhood clinics, malls, the marketplace, corner shops, traffic areas, main road and airports.
#3. Lenskart Franchise Details
There Are Various Advantages For Choosing Lenskart Franchise As Listed:
- An established and trustworthy name in the online and offline optical industry.
- A massive range of premium eyewear brands and designs.
- Low investment, high return business proposition
- Franchisee makes 35% of net sales.
- Break-even period of 9-12 months.
- Support to ensure cash break-even for the initial six months.
Lenskart Brand Specifications
- India’s Fastest Growing Eyewear Company.
- 200+ Successful Partners.
- Centralised Manufacturing And Simplified Front-End.
The Eligibility Criteria To Get Lenskart Franchise:
- The Franchisee Should Have Entrepreneurial Skills.
- The Lenskart franchisee Store Should Have the Investment Capacity.
- The Franchisee Should Belong From The Excellent Educational Background.
#4. Lenskart Business Model
Lenskart.com is India’s largest online optical store that sells types of glasses- eyeglasses, sunglasses and contact lenses to more than 1,000 cities in India and abroad.
A young, coolest 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 millions of satisfied customer across the nation.
According 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.
According to the CEO of lenskart, the eyewear category is highly fragmented and dominated by small neighbourhood stores. Lenskart, based in Faridabad, already operates 150 Lenskart stores. Lenskart has about 170 employees on the ground in seven cities who conduct about 1,000 eye exams at home.
#5. Lenskart Franchise Contact Number
Lenskart Co-Operate Office Address:
Vatik Mindscapes Building,
7th Floor, Sector 27d,
Lenskart Franchise Email Id:
Lenskart Franchise Contact Number
+91 92118 44000
Lenskart Official Website
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