How to start ClearDekho Franchise? – Cost, Investment & Profit Margin
Introduction to ClearDekho Franchise
When it comes to eyeglasses, contact lenses, frames, and sunglasses ClearDekho is a new choice. Yes, people have turned their attraction from some of the biggest competitors to ClearDekho. For those who have no idea, ClearDekho is currently India's leading eyewear brand. People with eye power needs to face huge price on frames and glasses. But, that is where ClearDekho comes in and offers glasses and frames at a lower price.
The knowledge center at ClearDekho guides you with almost everything. This is something unique from the eyewear company in India. The company helps you read the prescription and provides a material guide, weight information guide, and many more. We guess no other eyewear companies in India offer such facilities to customers.
The mission of ClearDekho is to offer affordable eyewear at a very reasonable price. Interestingly, the company saw the problem where people did not have easy access to affordable eyewear. That problem is being cleared out by none other than ClearDekho.
How to apply for ClearDekho Franchise?
Any startup company in the world would love to expand by opening outlets or franchises. In the same way, ClearDekho was started in 2016 by Shivi Singh and Saurabh Dayal and is hungry for expansion. The company is even promoting its franchise details on every platform possible for customers to have a look at.
Steps to get ClearDekho Franchise
Opening any franchise is always easy when you fulfill its terms and conditions. Additionally, you must have enough land to offer them before even thinking of opening a franchise. If you are willing to open a ClearDekho franchise then, follow the steps given below:-
- All the franchise details are taken on its official website. The official franchise website of ClearDekho is https://www.cleardekho.com/franchisee/ do not fill in details through a third-party link or website.
- Now, after you have visited this website, you will see some details that need to be filled in on the right-hand side. The details include full name, email ID, phone number, and location of your residence or land.
- Make sure you have filled in all the correct information because a representative will be contacting you shortly.
- A representative will contact you within 24-48 hours for further details. You must make sure you provide all the correct details.
This is how you can start a ClearDekho franchise. We highly recommend you not visit any third-party websites to fill in your precious details.
Requirements for ClearDekho Franchise
Before applying for any franchise you must check its eligibility criteria. If you are not fulfilling its eligibility criteria then getting one of their franchises would remain a dream. One must ensure all the details, eligibility criteria, and any other requirements are met so no problem arises in the future.
Currently, ClearDekho has made its presence in more than 40 cities and 15 states. Interestingly, within five years the eyewear company has already opened up 100+ stores around the country. We could say that the business is running quite successfully. So, starting one of their franchises would surely be a profitable one.
Here are some of the requirements that you must have before opening a ClearDekho franchise:-
| Area required to open a ClearDekho franchise | 200-300 square feet |
| Franchise Tenure | 3 years |
| Age limit | 23 years |
| Business experience | Optional |
| Academic qualification | No restriction |
| Computer and Internet connectivity | Compulsory |
| Product display area | Compulsory |
| Air-conditioner | Compulsory |
| Cameras or CCTV set-up | Compulsory |
| Product delivery service | Optional |
These are some of the requirements that one must have before and after opening a ClearDekho franchise.
Documents Required for ClearDekho Franchise
Now, some of the documents required to start a ClearDekho franchise are given below:-
- Franchise agreement
- Valid address proof
- Aadhaar copies
- Proprietor Photocopies
- Business TAN copy
- PAN card copies
- GST Registration Certificate
- Shop or the outlet Address proof
- Business Address Proof
- NOC of the unit is highly required
Franchise and Investment of ClearDekho Franchise
Investment is the main requirement to start any franchise. If you do not have the investment money then starting a franchise is not going to happen. The first franchise started by this private company was in 2017. Currently, ClearDekho has three profitable franchise models where you could invest.
The first model is opening up their optical store, the second is investing in Giani Ice cream, and the third is investing in Kidzee. Now, other than their standard franchise model you do get the master franchise model. We must tell you the investment cost for both is nearly the same.
The initial investment required to start a ClearDekho franchise is between 15-17 lakhs. You do need to pay Rs 1 lakh to 2 lakh franchise fee which is included in the initial investment. On the other hand, you need to spend at least 10-15 lakhs on the infrastructure of the unit. So, the total investment to open a ClearDekho franchise would cost Rs 35-40 lakhs.
Manpower Required for Clear Dekho Franchise
Even if you open a restaurant franchise you need manpower. You need to hire the right people for the job. Additionally, you must train them so they can never make mistakes while they are working.
In the same way, to open a ClearDekho franchise you do need manpower. At least 2-3 employees are required for the franchise to run. Interestingly, you do not need to train them as that part will be covered by the parent company itself.
The proprietor just needs to hire candidates based on their experience. After the hiring is done make sure to send their details to the parent company and they will train them accordingly. You do not have to pay any fee for the training given to your employees.
Royalty Fee of ClearDekho Franchise
Royalty fees are paid to most franchises despite their business industry. Now, royalty payments are done for the continuous use of that particular piece of work. Other than the initial fees, the franchisees regularly pay an agreed share of a percentage of their sales to the franchisor. Most franchisors use this method for the security of their profit and the franchise as well.
Fortunately, if you are willing to open a ClearDekho franchise then you do not need to pay any Royalty fee. Other than the Royalty fee, you also do not need to pay a marketing fee to the parent company. The marketing, promotion, and branding are all covered by the parent company itself. Now, this is what makes ClearDekho stand out from other companies in the Indian market.
Profit Margin for ClearDekho Franchise
The main motive to open a franchise and invest in it is to earn profit from it. The profit margin of ClearDekho as a company has been enormous. They have been constantly performing well in the Indian market ever since they established themselves.
90% of the sales or profit you make in a month remains yours but, the rest 10% goes to the franchisor. So, if you are making huge sales you are earning huge profits out of it. The return on investment is 30-36 months after opening the franchise.
How ClearDekho is different from Lenskart?
Being a startup company you have many advantages against your competitors. The first reason why ClearDekho is different from Lenskart Franchise is that they are offering different types of lenses. Very few such lenses are being offered by Lenskart.
Interestingly, you are getting one rupees frame from ClearDekho which even Lenskart did not offer. Get more information regarding this topic in this video.
Another great reason to choose ClearDekho is its price tag. You get frames, lenses, and sunglasses at an affordable price tag. On the other hand, the lenses, sunglasses, and other products offered by Lenskart are quite expensive.
Conclusion: Who Should go for ClearDekho Franchise?
People are always attracted to cheap and best products. Now, that is what ClearDekho has been offering ever since it has established. Not only its products but, the franchise outlets are relatively cheaper as compared to other competitors and the profit margin is huge.
Currently, ClearDekho is running so successfully that the owners of the company are planning to open franchises on an international level. So, if you stick to this company or invest in it then there is no doubt you are going to double your profit.