The Lenskart franchise offers a lucrative business opportunity for aspiring entrepreneurs in India, with a clear breakdown of investment and profit potential. The initial investment for a Lenskart franchise varies depending on the store type (express, standard, or premium), ranging from INR 25 lakhs to INR 75 lakhs.
This includes the cost of setting up the store, inventory, branding, and equipment. Franchisees also need to account for a royalty fee, which typically stands at around 6% of sales, along with an annual fee for training and support.
Lenskart’s proven business model, along with its strong brand presence and a growing demand for eyewear, provides franchisees with substantial growth potential. The profit margins can be impressive, with most franchisees aiming to break even within 1 to 2 years of operation, making it an attractive venture for those looking for a sustainable business in the retail sector.