How To Open A Lenskart Franchise?

Lenskart is one of the leading brands in the eyewear industry. It provides good quality eyewear at affordable prices. Lenskart is an Indian company started in 2010 and is one of the most successful businesses.                                                                                             

A franchise means the official permission to sell a company’s goods or services in a particular area. Lenskart franchise is one of the most profitable initiatives started by Lenskart. It is not only innovative but also gives opportunities to people to establish their career in the eyewear sector. In this article we’ll tell you how to open a Lenskart franchise, Lenskart franchise cost, profit and the whole process. Let’s get started.

PROCESS TO OPEN A LENSKART FRANCHISE

At present time, Lenskart is available in 120+ cities in India and has 500+ profitable business stores. It has over 50lakh+ customers and has both; online and offline retail stores. The company started providing franchises in 2013. You will be able to sell all the products of Lenskart at your outlet.

 You can open an outlet by taking the franchise. The size of the outlet should be 300 square ft. to 500 square ft. and you will need 3-4 employees to manage the work at the outlet. The outlet should be at a place with higher footfall, where the public is more; in places like malls or corner stores at a crowded place

To apply for Lenskart franchise:

1. Visit the official website www.lenskart.com . 
2. Here, on the dashboard, you will see an option ‘franchise enquiry’, click on that.
3. You can see all the details about franchise on the page; about Lenskart franchise cost, its profit margin, store details, design, support system, the set-up of the store.
4. After going through all the details, you can fill your details in the form on the right hand side with the title ‘ready to start your growth journey’.
5. You can also click on the ‘business calculator’ for the details of the Lenskart plan. You can also join Lenskart as a Landlord. The option is on the dashboard; you can click on that and then fill your details in the form.

Lenskart Franchise Cost

Lenskart provides franchise in two models; Lenskart Lite and Lenskart. If you live in tier 3 or tier 4 cities, you will get a Lenskart lite franchise with an investment of 27 lakh rupees. If you live in tier 1 or tier 2 cities, you will get a Lenskart franchise with an investment of 37 lakh rupees. 

The Lenskart franchise fee is Rs.2,24,000. The royalty you will need to pay to Lenskart Company will be 25% of the total sales of your outlet. The period of ROI (return on investment) is between 15 – 18 months. All of this constitutes the cost of the Lenskart franchise

Profit

You can start getting profit from the Lenskart franchise after approximately one and a half years. There are many benefits of Lenskart franchise, you get to use the brand name of Lenskart, the company gives you full support; from scratch to outlet opening; site selection, layout of store, design, color etc., it helps in increasing the footfall by providing free eye tests, your profit margin does not get affected by the offers or promo codes, you don’t need to spend in the marketing and advertisement of company. So, it’s a profitable business.

Hence, investing in Lenskart is overall a good deal. It is a reputable brand, profitable, successful, beneficial and is a good way to establish your career in the eyewear industry. It is a good opportunity for entrepreneurs who want to run a profitable business.