BUSINESS DETAILS
Vision Express, part of the world’s leading optical retail chain, was launched in 2009. It is a Joint Venture between Reliance Retail Limited, a subsidiary of Reliance Industries, and Grand Vision, Europe, a global leader in optical retail.
Benchmarked against the best in the world, Vision Express offers a wide range of high-quality eyewear in latest designs. The intent is not only to satisfy customers, but also to inspire them with professional advice. We ensure international quality standard by practices like transparent pricing, contemporary designs and free lifetime service. At Vision Express we offer not just eye wear but also eye care with our European Certified 6-step eye test conducted by certified optometrists.
Vision Express has over 160 exclusive stores operating in over 30 cities.
INVESTMENT DETAILS
Commenced Operations
Operations Commenced On: 2009
Franchise Commenced On: 2020
Franchise Details
UNITS
Investment: INR 30lac – 50lac
Franchise/Brand Fee: INR 1000000
Expansion Locations
NORTH
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
SOUTH
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
EAST
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
WEST
Gujarat, Rajasthan, Maharashtra, Goa
CENTRAL
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details
Likely pay back period of capital for a Unit Franchise: 1-2 Years
PROPERTY DETAILS
Type of property required for this franchise opportunity: Commercial
Floor area requirement: 400 – 600 Sq.ft
TRAINING DETAILS
Detailed operating manuals for franchisees: Yes
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise: Yes
Current IT systems will be included in the franchise: Yes
AGREEMENT & TERM DETAILS
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes