HomeE-commerceA Step-by-Step Information In 2024

A Step-by-Step Information In 2024


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.

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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

DETAILSTOTAL
Software program Licence & Franchise Charge2,36,000
Interiors (Furnishings, tiles, A/C, Shows, Storage, Music System)10,00,000
Branding (Signage, VM, different branding)2,70,000
LCD Display, Pill, Laptop computer2,50,000
Employees Coaching Expense2,00,000
Opthal Gear (Eye testing machine, different instruments and many others)5,00,000
Complete Capex24,56,000
lenskart franchise value

Opex

Working Bills Per Month Per 12 months
Lease( Inclusive of Taxes)50,0006,00,000
   
Salaries
Retailer Supervisor30,0003,60,000
Optometrist ( 2 Nos)40,0004,80,000
Gross sales Government15,0001,80,000
Complete Salaries85,00010,20,000
   
Electrical energy8,00096,000
Phone1,000 12,000
Web 2,00024,000
Stationary & Miscellaneous 1,00012,000
Cleansing Employees1,50018,000
Restore & Upkeep1,50018,000
card pmt expenses 3,37540,500
Advertising and marketing Price2,50030,000
Complete Different Expense20,8752,50,500
   
Complete Working Bills1,55,87518,70,500
lenskart franchise value in india

Gross sales

DETAILSAVG SALES QTYASPRETAILER MARGIN ~COMMISSION ON SALESALE 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
      
lenskart franchise revenue margin

Retailer ROI

SUMMARY
 Capex24,56,000
 Opex18,70,500
 Stock11,00,000
 Gross sales Fee30%
 ROI on Capex33%
 Yearly Incomes Potential8,50,000
lenskart franchise revenue



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