Lenskart.com


Business Details

About Us:


Lenskart looking for franchisees, a lifetime business opportunity for you to grab!


Lenskart.com is India’s largest online optical store that sells eyeglasses, sunglasses and contact lenses to more than 1,000 cities in India and abroad. A young 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 customers across the nation.


Brand USP:



  • An established and credible name in the online and offline optical industry

  • A huge range of premium eyewear brands and designs

  • Low investment, high return business proposition

  • Franchisee makes 30% 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


Apply now for more details.

APPLY FOR FRANCHISE

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Investment Details

Date Commenced Operations : 2010
Date Commenced Frachising / Distribution : 2013
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 20lac - Rs. 30lac 224000 -NA-
Master / Multi Units
Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
Country Wise Rs. 10,000 - Rs. 50,000 -NA- -NA- -NA-
Region Wise Rs. 10,000 - Rs. 50,000 -NA- -NA- -NA-
State Wise Rs. 10,000 - Rs. 50,000 -NA- -NA- -NA-
City Wise Rs. 10,000 - Rs. 50,000 -NA- -NA- -NA-
Are you looking for Trade Partners (Dealers, Distributors, MBOs, Retailers)?
Types of Channels Investment Margin Area Requirement
-- -- -- --
What areas are available for Unit franchise? : State Wise
Where are you looking for expansion?    
North West East South Center Union Territories
              Is there exclusive territorial rights
              given to a unit franchise?              		 : No
              Are any performance guarantees
              given to unit franchisees?              		 : No
              What is the anticipated percentage return on investment? : 25
              What is the likely pay back period of capital for a unit franchise? : 1-3 Year
              Are there other investment
              requirements?              		 : No

              Property Details

              What type of property is required for this franchise opportunity? : Commercial
              Floor area requirement : 300 - 500
              Preferred location of unit franchised outlet:? : Near neighborhood clinics, near optical stores, malls, high streets, high traffic areas, corner shops, outlets facing the main road and lastly airports.

              Training

              Do you currently have detailed Operating Manuals for franchisees? : Yes
              Where is the franchisee training done? : Company Location
              Is field assistance available for franchisees? : Yes
              Will someone from Head Office assist me when I open my franchise? : Yes
              What IT systems do you presently have that will be included in the franchise? : Yes

              Other Details

              Do you have a standard Franchise Agreement? : Yes
              How long is the franchise term for? : 5
              Is the term renewable? : Yes
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