The fashion industry, as well as the retail sector, has witnessed a rapid growth and several fascinating changes, eyeglasses being no exception. Especially Titan has etched a niche for itself in the fashion industry ranging from watches, jewellery and eyewear. Titan Eye Plus is India's largest optical retail chain ventured into the eyewear category in 2007. It has a strong retail presence with over 530 Titan Eye Plus outlets in the country. The big brand has an eye for eyewear is looking to expand Titan Eyeplus by the way of a franchise and here goes the franchise cost, expected profit margin and other requirements to take up the business.
How much does a Titan Eye Plus franchise cost in India?
To start a Titan Eye Plus store franchise you require about INR 30-35 lakhs of investment. Titan Eyeplus franchise cost mentioned here is of approximate value as it varies according to the size and location of the stores. You can expect a profit margin of 36%.
How much outlet space is required to start Titan Eyeplus franchise?
To set up Titan Eye Plus store outlet you need a carpet area of 400 - 600 sq ft. Commercial property is ideal for this business preferably in a high footfall area.
Is Titan Eye Plus is a profitable franchise business?
Titan Eye Plus has always strived to be in the forefront of the industry with a wide range of optical and fashion eyewear products on their portfolio which includes frames, sunglasses, lenses, contact lenses and accessories. It ensures great store experience for the consumers in terms of transparent pricing, zero-error eye testing with the state-of-the-art optometry clinic. The changing lifestyles, image consciousness and increasing fashion awareness among consumers offer huge opportunity in the eyewear segment. Consumers are now more willing to pay for premium brands which shows that the eyewear segment has a huge scope of growth in the years to come. So no doubt, opening a Titan Eye Plus franchise will yield you a decent profit.
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