Retail Franchise Business


Unverified Opportunity
Specsmakers Opticians Private Limited
Established 2007
Franchise Started 2017
Owned Outlets 150
Franchise Outlets 10
Investment Requirement 15,00,001 - 20,00,000
Space Requirement 200 - 500

Brand Profile

Specsmakers Opticians Pvt Ltd is one of South India’s fastest growing optical retail chain with a vision to provide best quality eye wear products, services at affordable & economical price range, across any geography in a city. With its humble start of a single store in 2007, the company has expanded its presence across 160 stores in Chennai, Bangalore, Madurai, Kanchipuram & Tiruvallur. The company caters to spectacle frames, lenses and accessories of its own brand and is one of India’s first home grown Single Brand optical retail chain. Specsmakers has been Awarded twice by Times of India for “South India’s Best Affordable Opticians” in the year 2015 & 2016 and "Excellence in Retail and Customer Service" by South India Retail Forum.

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Single Unit Investment for SPECSMAKERS

Sl Heading Description
1 Expected Investment 15,00,001 - 20,00,000
2 Investments Includes Franchise Fee: INR 5,00,000
Equipments: INR 5,00,000
Furniture and Fixtures: INR 6,00,000
Advertising / Marketing: INR 1,50,000
3 Capital Investment INR 17,00,000 - INR 22,00,000
4 Expected Payback Period 3 Years
5 Expected ROI 200%
6 Other Investment needed Nil

Master Franchise Investment for SPECSMAKERS

Sl Heading Description
1 Expected Investment
2 Franchise Fee
3 Investments Includes Furniture and Fixtures:
Advertising / Marketing:
4 Capital Investment

Important Points for SPECSMAKERS Franchise

Sl Heading Description
1 Franchise Training Program Training Program available for the franchisee
Software/Hardware Support included in the Franchise Fees
2 Franchise Training Venue Head Office
3 Franchise available in Regions Central
4 Area/Site Preference 0
5 Minimum Floor Area needed 200 - 500
6 Term of Franchise Agreement 7 Years
Franchise Agreement is renewable
7 Other Important Points Minimum Guarantee given:
Facility provided: INR 5,00,000
Master Franchise Available
Site Select Help given

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