Himalaya Optical - Franchise

Himalaya Optical - Franchise
Category : Fashion Investment: Rs. 50 Lac - Rs. 1 Cr 650 Sq. Feet --

Himalaya Optical Franchise About Himalaya Optical The most trusted name in eyewear and vision care, Himalaya Optical started its journey in the year 1935 with the launch of its first optical retail store. With a legacy spanning over 80 years, the company has slowly established itself as a pioneer in bringing technologically advanced eyewear and vision care solutions in India. Decades of innovation has made Himalaya Optical an undisputed leader in its field, having served more than 100 million satisfied customers. Today, the company operates from more than 83 optical retail stores spread across the country in all major metros. Himalaya Optical believes in "increasing sales through increased customer satisfaction.' The company has a professionally qualified management team that efficiently manages the store operations through highly skilled and proficient manpower. Himalaya being one of the leading brands in the field of eyewear, operates Krishnalaya School of Optometry. It is an industry supported institute for education & training in optometry, and various job oriented short term training programs focused on employability& enhancement of the aspirants in eyewear and eye care industry. Support to the Franchisee Complete set up: The franchisor will provide turnkey assistance right from site selection to set up of the store, including layout and design, architectural support, pre-opening purchasing assistance and organizing of launch promotions. Advertising and Promotions: The franchisor will organize events specific to marketing and branding of Himalaya Optical at the national level, including participation in expos, sponsoring events, tie ups with publications and much more in collaboration with the franchisees. Inventory Management: The franchisor will play a major role in stock supply, control checks on goods delivery, replenishment ordering and product range maintenance. Training Program: The franchisor will conduct comprehensive training program covering service operations, standard checkup procedures, accounting, inventory control etc. In addition, employees from all verticals would be trained on a regular basis to continuously groom and enhancing their efficiencies. Operations Manual: The franchisor will provide an Operations Manual to maintain uniformity and operate franchise set up as per franchisor guidelines. Franchisee Coordinator: The franchisor will appoint a Franchise Coordinator to bridge the communication between the franchisee and the franchisor. Consistent Support: The franchisor will also facilitate franchisees in: Ordering of equipment; Preparation and issue of PO to approved vendors; Negotiation of suitable terms and organizing of lease; Monitoring of fabrication of the store, besides providing regular assistance in the service operations. Dedicated Teams: The franchisor will have dedicated Problem-solving and Audit teams to help franchises in resolving issues and problems related to accounting/ inventory management. Public Relations: The franchisor will ensure regular coverage at national and regional level, besides helping in centralized brand building through print, outdoor, web and electronic media.

Himalaya Optical - Franchise Investment Details

commenced Dates

Date Commenced Operations 1950
Date Commenced Franchising / Distribution 2015

Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 50lac - 1 Cr.  4 lacs  35%-40%

Expansion Locations

North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh
South  Kerala, Karnataka, Tamil Nadu, Andhra Pardesh
East  Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
West  Gujarat, Rajasthan, Maharashtra, Goa
Center  Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories  

Franchise Details (Optional)

Want to expand International, Nationwide
Exclusive territorial rights to a unit  yes
Performance guarantee to unit franchisee yes
Anticipated percentage return on investment  Grows every year averaging at 35% till break even.
Likely pay back period of capital for a unit franchise  2.11 years.
Other investment requirements  no

Himalaya Optical - Franchise Training Details

Detailed operating manuals for franchisees  yes
Where is franchisee training provided? Kolkata,company headquarters
Is field assistance available for franchisee? yes
Will someone from Head Office provides assistance to franchisee in opening the franchise? yes
What IT systems do you presently have that will be included in the franchise? yes

Himalaya Optical - Franchise Property Details

Type of property required for this franchise opportunity Owned or Rented.

Floor area requirement

650 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)

Preferred location of unit franchised outlet High street or shopping mall

Himalaya Optical - Franchise Other Details

Do you have a standard franchise agreement?  yes
How long is the franchise term for? 5 years
Is the term renewable? yes
Himalaya Optical - Franchise

Himalaya Optical - Franchise

Category : Fashion
Area Req : 650 Sq. Feet
Franchise Outlets : --
Investment: Rs. 50 Lac - Rs. 1 Cr

Insta Apply