Franchise Opportunity For Optical Shop With Eye Mantra
India’s Fastest Growing Optical Shop
- Start with a low investment of 5-10 lac
- Recession / COVID Proof business opportunity
- 30-40% profit on franchise revenues
- Associate yourself with a leading brand in eye care
- Become the owner of Eye Shop
Eye Mantra Opticals Looking For Franchisees, A Lifetime Business Opportunity For You To Grab!
Eye Mantra Opticals is a leading online optical store in India that offers a wide range of eyeglasses, sunglasses, and contact lenses. It serves customers in over 100 cities in India and abroad, and has a large selection of optical brands to choose from. With thousands of glasses options and millions of satisfied customers, Eye Mantra Opticals is a popular choice for eyewear.
Eye Mantra USP:
- A well-known and trustworthy name in the optical industry both online and offline.
- Offers a large variety of high-quality eyewear brands and designs.
- A low-cost, high-profit business opportunity.
- Franchisees earn 30% of net sales.
- Has a break-even period of 15-18 months.
Eyewear Franchise – A Growing Market
- The Indian eyewear industry is estimated to reach a value of $14,856.9 million by 2018.
- The premium sunglasses segment, accounting for 30% of the Indian eyewear market, is growing at a rate of 40% annually.
- Its revenue was $1247 million in FY 2007 and has been increasing at a compound annual growth rate (CAGR) of 27% between FY 2007 and FY 2013.
Optical Franchise Support:
Eye Mantra Opticals provides comprehensive support to its franchisees, including assistance with recruitment, training, workshops, branding, and advertising. The company also offers centralized support in important areas such as procurement, sales through a call center, and online customer acquisition.
- Initial brand promotion through local media.
- A stock correction system to avoid dead stock.
- Assistance with site selection and interior furnishings.
- Personnel recruitment and training programs.
- Expert branding support.
Eye Mantra Optical Franchise Formats:
|Format||Investment||Brand Fee||Space||Staff||Exp. Monthly Sales||Profit Margin||Royalty|
|Eye Mantra Optical – Basic Setup||INR 4-5 lakh||INR 1 lakh||400-800 Sq Ft||2||INR 3 lakh||20%||Monthly royalty of 30% or INR 10,000 fixed|
|Eye Mantra Optical – with Clinic Setup||INR 5-8 lakh||INR 1.5 lakh||500-1200 Sq Ft||3||INR 5 lakh||30%||Monthly royalty of 30% or INR 10,000 Fixed|
Preferred Locations For Franchises: India, Asia, Africa.
What Are Some Of The Things We Look For In A Franchisee?
The franchise partners are responsible for managing the optical shop operations and ensuring efficient sales. They must establish the shop with support from Eye Mantra Opticals, and are responsible for their own sales with marketing assistance from the company.
How To Get Eye Mantra Optical Franchise?
Kindly complete the franchise application form. Our Franchise team will reach out to you soon. You can also contact them via WhatsApp or call at 8700988101 for any inquiries.
Why Go For Optical Shop Franchising?
Franchising – The Easier And Faster Way To Success
Franchising is a widely adopted business model, accounting for over 40% of retail sales in India and reaching a global franchise sales total of over $1 trillion. Brands like McDonald’s, Pizza Hut, Kodak Express, and Reebok can be found all over the world, showcasing the success and popularity of franchising.
In India, franchising is gaining popularity at a fast pace, with well-known brands like Archie’s, Lakme, PVR, Nike, and Ceat adopting the model. The success rate of franchising in India is estimated to be 85%.
The franchising model is also becoming popular in the optical business, which is highly focused on branding. The optical business franchise or eyewear franchise is becoming a common occurrence with multiple players in the market such as Titan Eye Plus franchise and Lenskart franchise, among others.
Working under a large organization like Eye Mantra provides numerous benefits. As a business owner, you have the opportunity to leverage your entrepreneurial skills while minimizing your risks by being associated with a nationally recognized brand. This way, you get the best of both worlds.
By becoming a franchise partner of Eye Mantra, you will have access to all the knowledge, marketing, operations, and expertise required to run the business successfully. You will benefit from our years of experience and expertise in the eyewear and optical industry. As part of a large network of Eye Mantra Opticals across India, Asia, and Africa, you will be able to provide world-class services without incurring high costs.