Lenskart began in 2010, based by Piyush Bansal and his pal. It’s one of many fastest-growing eyewear shops in India. They promote reasonably priced eyewear like glasses for seeing, glasses for computer systems, glasses for teenagers, contact lenses, and extra.
Lenskart is tremendous well-liked amongst younger folks. They’ve over 1000 shops in several Indian cities. Yow will discover greater than 5000 totally different kinds of eyewear there. In line with the most recent information, about 100,000 folks go to their web site or offline shops each month. They began on-line however now have each common shops and residential eye checkups.
What Makes Lenskart Particular?
Market Insights
The eyewear enterprise in India is predicted to succeed in an enormous $14,856.9 million by 2018. Again in 2007, they made $1,247 million in income, and it stored rising at about 27% yearly till 2013.
Lenskart is the fastest-growing eyewear firm in India. They’ve greater than 200 profitable companions. They make all their glasses in a single place and make it straightforward for purchasers to get them.
Assist and Perks
- No must hold a number of inventory
- Assist with selecting a retailer location and setting it up
- Assist with hiring workers
- Specialists to assist with branding
- Coaching for you and your workers
What You Must Apply??
lenskart franchise necessities:
- IDs like Aadhaar Card, PAN Card, or Voter Card
- Proof of the place you reside like an electrical energy invoice
- Proof of your {qualifications}
- A photograph of your self, your electronic mail tackle, and your cellphone quantity
- Proof of your checking account and a canceled test
- Proof that you just personal or lease your retailer
- A doc saying you’ll be able to run a retailer there
- A GST quantity
- A commerce license to your retailer
- An settlement with Lenskart to promote their stuff
- It’s good to be educated, filled with vitality, and loopy about serving to prospects
- You’ll want to take a position between 30-35 lakhs on this enterprise
Why Go for a Lenskart Franchise?
Lenskart is a well known eyewear firm in India. If you wish to run a retailer, it’s an important selection. Listed here are some the explanation why:
- They’ve been doing nice because the starting.
- Their stuff is nice and never too costly.
- You can also make an excellent revenue.
- They provide free eye assessments and actually good lenses.
- They enable you arrange your retailer.
- They assist you with advertising and marketing.
- They’re all the time there to assist.
- They’ve one worth for all their merchandise, so no humorous enterprise with pricing.
How A lot lenskart Franchise Price?
The minimal funding to open a Lenskart franchise in India is round INR 30-35 lakhs. This funding contains:
Franchise payment, Setup value, Preliminary stock, Software program payment, Interiors, Branding, LCD display screen, pill, laptop computer.
Franchisees may also must pay ongoing royalties and advertising and marketing charges to the corporate.
The property the place the shop could be located will value about 10-15 lakhs, primarily based totally on the place the outlet is located.
Listed here are another prices to contemplate:
- Franchise payment: Rs. 2 lakh
- Software program payment: Rs. 36,000
- Interiors: Rs. 10 lakh
- Branding (Signage, VM, different branding): Rs. 2.7 lakh
- LCD Display, Pill, Laptop computer: Rs. 2.5 lakh
You may test full lenskart plan under to get higher understading.
methods to get lenskart franchise?
In case you meet all the necessities and need to begin a Lenskart retailer, right here’s a step-by-step course of for lenskart franchise apply:
2. Fill out the companion software kind together with your title, electronic mail, cellphone quantity, metropolis, and whether or not you personal or lease your retailer.
3. Submit the shape, and somebody from Lenskart will get in contact with you to information you thru the subsequent steps.
4. In case you desire, you may as well electronic mail them at beafranchise@lenskart.in or name them at 9555510896.
When you have questions on the price of a Lenskart franchise in India or anything, right here’s methods to attain them:
- Company Handle: Vatik Mindscapes Constructing, seventh Flooring, Sector 27d, Faridabad-121001.
- Contact Quantity: 9555510896
- Electronic mail: beafranchise@lenskart.in
Conclusion
In case you’re excited concerning the eyewear enterprise, have the money and time to take a position, Lenskart’s franchise is an efficient selection. It prices round 30-35 lakhs to start out, and you may make a 25-30% revenue. This weblog is only for info, and we’re not selling any firm. We gathered all this information from dependable sources. If you’d like extra particulars, go to Lenskart’s official web site.
Additionally Learn: The way to get SBI ATM Franchise and earn passive revenue?
Lenskart Plan
Capex
| DETAILS | TOTAL |
|---|---|
| Software program Licence & Franchise Charge | 2,36,000 |
| Interiors (Furnishings, tiles, A/C, Shows, Storage, Music System) | 10,00,000 |
| Branding (Signage, VM, different branding) | 2,70,000 |
| LCD Display, Pill, Laptop computer | 2,50,000 |
| Employees Coaching Expense | 2,00,000 |
| Opthal Gear (Eye testing machine, different instruments and many others) | 5,00,000 |
| Complete Capex | 24,56,000 |
Opex
| Working Bills | Per Month | Per 12 months |
| Lease( Inclusive of Taxes) | 50,000 | 6,00,000 |
| Salaries | ||
| Retailer Supervisor | 30,000 | 3,60,000 |
| Optometrist ( 2 Nos) | 40,000 | 4,80,000 |
| Gross sales Government | 15,000 | 1,80,000 |
| Complete Salaries | 85,000 | 10,20,000 |
| Electrical energy | 8,000 | 96,000 |
| Phone | 1,000 | 12,000 |
| Web | 2,000 | 24,000 |
| Stationary & Miscellaneous | 1,000 | 12,000 |
| Cleansing Employees | 1,500 | 18,000 |
| Restore & Upkeep | 1,500 | 18,000 |
| card pmt expenses | 3,375 | 40,500 |
| Advertising and marketing Price | 2,500 | 30,000 |
| Complete Different Expense | 20,875 | 2,50,500 |
| Complete Working Bills | 1,55,875 | 18,70,500 |
Gross sales
| DETAILS | AVG SALES QTY | ASP | RETAILER MARGIN ~ | COMMISSION ON SALE | SALE VALUE |
|---|---|---|---|---|---|
| Prescription Frames | 250 | 3,000 | 25% | 1,87,500 | 7,50,000 |
| Sun shades | 60 | 2,000 | 25% | 30,000 | 1,20,000 |
| Contact Lens | 30 | 1,000 | 13% | 3,900 | 30,000 |
| Complete | 340 | 2,21,400 | 9,00,000 | ||
Retailer ROI
| SUMMARY | |
|---|---|
| Capex | 24,56,000 |
| Opex | 18,70,500 |
| Stock | 11,00,000 |
| Gross sales Fee | 30% |
| ROI on Capex | 33% |
| Yearly Incomes Potential | 8,50,000 |
