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SPECSMAKERS Franchise

Specsmakers Opticians Private Limited

Retail Franchise Health Care

5,211 views

Established
2007
Franchise Started
2017
Owned Outlets
150
Franchise Outlets
10
Investment
₹15 L – ₹20 L
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.

Single Unit Investment for SPECSMAKERS

Sl Heading Description
1 Expected Investment ₹15 L – ₹20 L
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
Eastern
Northern
Southern
Western
North-East
All India
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
Master Franchise Available
Site Select Help given

Frequently Asked Questions — SPECSMAKERS Franchise

The expected investment for a SPECSMAKERS franchise is ₹15 L – ₹20 L. This includes franchise fee, equipment, furniture & fixtures, advertising & marketing.
For the SPECSMAKERS franchise, the expected payback period is 3 Years and the expected ROI is 200%.
SPECSMAKERS provides a training program for franchisees conducted at the Head Office.
A minimum floor area of 200 - 500 is required to open a SPECSMAKERS franchise outlet.
Currently, SPECSMAKERS does not list a Master Franchise opportunity. Single-unit franchise is available.
The SPECSMAKERS franchise agreement term is 7 Years.
SPECSMAKERS operates in the Retail sector. It is listed on Franchisezing under Retail franchise opportunities in India.

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