Hello Guys, Today we will read about the Lenskart Franchise Business. If you want to start a business in an eyewear retail chain. Then, you can go for the Lenskart franchise. It is the best decision for you and your upcoming future. In this post, we will talk about the total investment of a Lenskart franchise, Lenskart franchise Profit or loss, Space required for the Lenskart franchise, and more about how to get a Lenskart franchise in India in 2023.
Company Details of Lenskart
The Lenskart brand was started in 2010 by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi. Mocha was established in 2010 in Faridabad, Haryana, India.
Website:- | https://partners.lenskart.com/ |
Founders:- | Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi |
Headquarters:- | Faridabad, Haryana, India. |
Product:- | Eyeglasses, Sunglasses, Contact lenses |
Industry:- | Eyewear |
Parent Company:- | Valyoo Technologies Pvt. Ltd |
Products of Lenskart
- Eyeglasses
- Sunglasses
- Contact lenses
Benefits of the Lenskart franchise
Lenskart is a popular Eyewear franchise in India that offers a variety of Eyeglasses, Sunglasses, and Contact lenses. There are several benefits to owning a Lenskart franchise. Lenskart is one of the trusted and low-cost investment Businesses in the Eyewear. You will get a 100 % guarantee of earning with a good return on investment.
- Lenskart is one of the largest Eyewear retail chains in India.
- Lenskart is one of the leading brands and has more than 1,000 stores in India.
- In India, there are more than 1000 stores in 40 different metropolises.
- Lenskart is the stylish and fastest-growing Eyewear product in India.
- The company is flexible with the ballot regarding space conditions.
- The company provides all types of marketing and promotional support to the ballot.
Requirements for a Lenskart franchise
- Area requirements:- To open a Lenskart store Franchise you want a minimum area is 300-500 square feet.
- Required Skill:- You have to pass a Minimum test consisting Exam to get a Lenskart Franchise that is based on math and English-based knowledge. It is mandatory for Lenskart franchise owners.
- Employer’s requirements:- You need a minimum of 3 Employers to operate your Store.
- To be Financially strong to invest in the business, Should have basic knowledge of the business.
Eligibility for a Lenskart franchise
- The owner should follow all terms and conditions of Lenskart company.
- You must have proper money Investment to open this franchise.
- Must have a proper space in a good location for the outlet.
- The owner must have knowledge of running an outlet.
- Applicant should be more than 21 years old.
Lenskart Franchise Cost in India
The cost of a Lenskart franchise depends on many factors like a franchise fee, location, size of the shop, equipment required, etc. According to Lenskart, the total investment is approximately Rs. 35 Lakhs to Rs. 40 Lakhs.
- Franchise Fee:- The franchise cost of a Lenskart franchise is Rs. 3 lakhs in India.
- Investment in Store:- The Investment in setting up the store Lenskart is Rs. 15 lakhs to Rs. 20 Lakhs, depending on location in India. It includes the cost of equipment, furniture, fixtures, and signage, and the investment depends on store size and structure.
- Security Deposit:- The Security Deposit depends on the shop’s location.
- Working capital:- The staff salaries, cost of inventory, and other operational expenses.
Space Required for Lenskart Outlet
Lenskart store space depends on the size of the store. A minimum space of 300-500 square feet space is needed to start the Lenskart franchise. If you taking a store on rent then remember the rent of a store in a prime location may be too high.
Documents & Licence
- First, you have to Register your Business with the (Roc) Registrar of Companies and get your certificate of incorporation.
- ID Proof:- Aadhaar Card and PAN card.
- Address Proof:- Ration Card, Electricity Bill.
- Bank Account with Passbook.
- Photo, Email ID, Phone Number.
- Fire safety certificate.
- GST Number.
- Standard franchise agreement.
- Rental agreement.
- In the end, you’ll need to obtain insurance coverage for your business.
Lenskart Franchise Profits and Margin:
Lenskart is one of the largest eyewear retail chains in India and it’s on trending nowadays. In the future, Lenskart will be the First largest eyewear retail brand in India. So, Everyone wants to take a franchise of Lenskart but they have only one question what will the Profits and Margin of Lenskart be? So, today we will clarify the margin and profit of Lenskart.
A Lenskart franchise can generate a net profit margin of 25 to 30. This means that for every Rs 100 in deals, a franchisee can anticipate earning Rs 25 to Rs 30 in net profit. According to assiduity estimates, the average ROI for a Lenskart ballot in India is around 18-24 months. This means that a franchisee can anticipate to break and start earning gains after around 1.5- 2 times of operation.
How to apply for the Lenskart Franchise in India?
- First, you have to go to the official site of Lenskart India.
- https://partners.lenskart.com/
- Then click on the “Contact Us” tab and send a request for a callback.
- Contact and meet the local Lenskart Field Development Agent.
- Carefully read all the agreements before doing any signatures.
- After all the processes pay the franchise fee.
- then you will owner of the Lenskart franchise.
Lenskart Franchise Contact Details
If you are getting any issues or you want to take a franchise Lenskart then you can contact them from here. All details are mentioned below:-
Address: atik Mindscapes Building, 7th Floor, Sector 27b-121003
Telephone: 9999899998
Website: https://partners.lenskart.com/
Email ID: [email protected]
Frequently Asked Questions of Lenskart:
Q 1. What is a Lenskart franchise?
Ans : Lenskart is a popular Eyewear franchise in India that offers a variety of Eyeglasses, Sunglasses, and Contact lenses. There are several benefits to owning a Lenskart franchise.
Q 2. What is the cost of a Lenskart franchise in India?
Ans : The cost of a Lenskart franchise in India is approximately Rs. 35 Lakhs to Rs. 40 Lakhs.
Q 3. How to open a Lenskart franchise?
Ans : First you have a good investment and patience. Then, some criteria like the need for all documents and the need for space for opening. After this fill out the form and wait 2 days. You’ll get a call back from Lenskart. then confirm all the details and pay the franchise fee and start your business.
Q 4. Is Lenskart a successful franchise?
Ans : Yes, it is a successful franchise at the present time. lots of people want to take the Lenskart franchises but they can’t take it due to financial issues. it is based on the eyewear retail chain business is trending nowadays.
Q 5. Who is the Founder of Lenskart?
Ans : Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi is the Founder of Lenskart.
We wish you got all information about the Lenskart. if you think that some more topics can add or you have your issue then you can comment down| mail us. you can grow with businessuniqueidea. Thanks for visiting our Blog. Have a nice day.