Optical Store Franchise Opportunity
Indus Optics® 6.5 /10
Registered Entity Name: Clear Vision Associates
2016 Estd
·
2
Franchisees
· Bengaluru HQ
· Listed By Business Owner / Director
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| FOFO | USD 29 - 58 thousand | USD 1.17 thousand | 500 - 1,000 Sq Ft | 2 | USD 9.4 thousand | 40% | Franchise partner has to purchase products from on a discount and sell for MRP |
| FOCO | USD 29 - 58 thousand | USD 1.17 thousand | 500 - 1,000 Sq Ft | 2 | USD 9.4 thousand | 35% | Franchise partner has to invest in stocks and they will get profit share on sales |
| Format Name | FOFO | FOCO |
|---|---|---|
| Investment | USD 29 - 58 thousand | USD 29 - 58 thousand |
| Brand Fee | USD 1.17 thousand | USD 1.17 thousand |
| Space | 500 - 1,000 Sq Ft | 500 - 1,000 Sq Ft |
| Staff | 2 | 2 |
| Expected Monthly Sales | USD 9.4 thousand | USD 9.4 thousand |
| Profit Margin | 40% | 35% |
| Royalty / Commission | Franchise partner has to purchase products from on a discount and sell for MRP | Franchise partner has to invest in stocks and they will get profit share on sales |
About Indus Optics® (Clear Vision Associates)
Brand:Indus Optics® is a reputed 5 year old eye wear optician/retailer brand which operates chain stores. We deal with reputed vendors like CarlZeiss, and Essilor for spectacle lenses and Luxxotica (the brand behind RayBan, Oakley, and Armani) and Sterling group brands (Tommy Hilfiger, etc) frames.
Promoter:
Promoter is a serial entrepreneur who had 15 years of IT corporate experience in Fortune 100 MNCs before getting into business 5 years back.
Brand Differentiator:
We position our brand above Titan Eye +, Lens Kart etc where competition is less. We offer better margins and customized and flexible contracts / operating models when compared to others.
Why:
Opticals has a lot of potential to expand given India's population.
Sales figures mentioned in each format are based on the current sales record of existing stores.
Products and Services
- Eye testing.- Spectacle frames.
- Spectacle lenses.
- Contact lenses.
- Therapies.
Preferred Locations
Karnataka,
Kerala.
How to get Indus Optics® Franchise?
Connect with us on SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
- The prospective person shall be passionate about eye care and job creation.- Roles & responsibilities vary in FOFO and FOCO models.
- Should be an ethical individual and open to learning.
Support you can expect from the company
- Location due diligence & set up support.- Branding.
- Recruitment of resources.
- Systems and processes knowledge sharing.
- End to end support will be there in the FOCO model.
Recent Activity
-
Earlier than 15 daysManager, Software Development, Kochi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDoctor, Medical, Mumbai, Individual Investor / Buyer connected with the Business
Profile Stats
- 700+ Page Views
- 100+ Investor Views
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Frequently
Asked
Questions
Asked
Questions
-
When was Indus Optics® established?Indus Optics® was established in 2016 in Bengaluru and is reported to have 2 Franchisees currently
-
What is the investment required to take up Indus Optics® Franchisee?Investment required ranges from INR 25 lakh - 50 lakh depending on the format offered.
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What is the space requirement for taking up Indus Optics® Franchisee?Space required ranges from 500 - 1000 sq ft depending on the format.
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What Franchisee formats does Indus Optics® offer?Indus Optics® offers 2 formats, i.e FOFO,FOCO.
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How to get Indus Optics® Franchisee?Connect with us on SMERGERS and we will guide you through the process.