Specsmakers Opticians - Franchise
Specsmakers is Indias fastest growing optical chain with currently 75 stores. All the stores are company owned and they have a centralised process system in place. The company deals in prescription eyewear, Sunglasses and contact lenses. Each store of specsmakers comes with a completely computerised eye testing facility. The company plans to grow to about 500 stores in 3 years and is very aggressive in its marketing space and domain.
Specsmakers Opticians - Franchise Investment Details
commenced Dates
| Date Commenced Operations | 2005 |
| Date Commenced Franchising / Distribution | 2010 |
Franchise Details
Units
| Area | Investment | Franchise/Brand Fee | Royalty/Commission |
| Store Wise |
Rs. 10lac - 20lac |
200000 |
Expansion Locations
| North | |
| South | Tamil Nadu |
| East | |
| West | |
| Center | |
| Union Territories |
Franchise Details (Optional)
| Want to expand | Nationwide |
| Exclusive territorial rights to a unit | no |
| Performance guarantee to unit franchisee | no |
| Anticipated percentage return on investment | 20%-35% |
| Likely pay back period of capital for a unit franchise | |
| Other investment requirements |
Specsmakers Opticians - Franchise Training Details
| Detailed operating manuals for franchisees | no |
| Where is franchisee training provided? | Head Office Chennai |
| Is field assistance available for franchisee? | no |
| Will someone from Head Office provides assistance to franchisee in opening the franchise? | yes |
| What IT systems do you presently have that will be included in the franchise? | yes |
Specsmakers Opticians - Franchise Property Details
| Type of property required for this franchise opportunity | |
|
Floor area requirement |
-- |
| Preferred location of unit franchised outlet | Non-Prime with good foot fall. |
Specsmakers Opticians - Franchise Other Details
| Do you have a standard franchise agreement? | yes |
| How long is the franchise term for? | 5 years |
| Is the term renewable? | yes |
Specsmakers Opticians - Franchise
Category : Fashion
Area Req :
Franchise Outlets : No Outlets
Investment: Rs. 10 Lac - Rs. 20 Lac
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