Eyefoster Franchise

Eyefoster Franchise: A Visionary Business Opportunity in India’s Booming Eyewear Market

Introduction: Seeing the Opportunity Clearly

India is on the brink of a vision care revolution. Despite the country’s rapid urbanization and tech growth, a staggering 15 million people remain blind, with only 25% having access to basic spectacles. Add to this the fact that 1 in 3 Indians needs some form of vision correction, and the picture becomes clear: the eyewear industry in India is not just large—it is essential.

With the Indian eyewear market growing at a Compound Annual Growth Rate (CAGR) of 30%, this is one of the most promising sectors for investment today. If you’re an aspiring entrepreneur or investor looking for a sustainable, scalable, and socially impactful business model, Eyefoster Franchise opportunity deserves your full attention.

This in-depth guide dives into why the eyewear market is the next big thing, how Eyefoster Franchise is uniquely positioned to lead it, and what financial and operational blueprint you can expect as a franchisee.

The Indian Eyewear Industry: A Snapshot

The Indian eyewear sector has evolved significantly over the last decade. Traditionally dominated by unorganized local shops, it is now witnessing a shift toward organized retail formats, driven by changing lifestyles, rising disposable incomes, and increased awareness about eye health.

Key Industry Insights:

1. Total Addressable Market: Over 450 million people in India need vision correction.

Spectacle Dominance:

1. 74% of sales come from prescription spectacles.

2. 20% from sunglasses.

3. 3% from contact lenses.

4. 3% from accessories like cleaning kits and cases.

5. Size of the Industry: ₹11,000+ crore

6. Growth Rate: 30% CAGR projected till at least 2027

This transformation is not just quantitative but qualitative. Customers are increasingly preferring:

1. Branded eyewear over local products

2. Professional eye testing

3. Technology-aided services

4. Multi-brand variety

5. A retail experience

Why Invest in the Eyewear Sector?

Here’s why investing in the Indian eyewear market today makes absolute business sense:

1. High Demand, Low Penetration

Despite the urgent need, only 25% of visually impaired individuals in India have access to eyewear solutions. This massive gap between demand and supply presents a long-term growth opportunity.

2. Recession-Proof Product

Eyewear is not a lifestyle choice—it’s a medical necessity. Unlike restaurants, fashion, or electronics, the demand for spectacles doesn’t fluctuate dramatically with economic cycles.

3. High Profit Margins

Typical margin analysis of a basic sale:

Expense HeadCost (₹)

Frame rs 440
Lense rs 500
Packaging & Charges rs 60
Total Cost rs 1000
Selling Price rs 2199
Margin 60-100%

Even with promotions and discounts, profit margins stay healthy—especially with multi-branded inventory like Eyefoster Franchise.

4. High Entry Barriers

The eyewear retail business isn’t easy to replicate. It requires:

* Specialized equipment

* Trained optometrists

* Technical know-how

* Supplier connections

* Retail expertise

This creates a protected environment for committed franchise partners.

Meet Eyefoster Franchise: The Brand with a Clear Vision

Founded over 7 years ago, Eyefoster Franchise has carved a strong niche for itself in the Indian optical retail space. It combines modern retail aesthetics, cutting-edge technology, and a commitment to affordability and accessibility.

Core Offerings:

1. Prescription Spectacles (all price ranges)

2. Designer Sunglasses

3. Contact Lenses

4. Eye Testing Services

5. Accessories like cleaning sprays, wipes, and cases

Eyefoster’s USPs:

1. Multi-brand Store Format: Offering a curated mix of popular and affordable brands

2. In-house Eye Testing: Powered by modern lensometers and digital eye kits

3. Proven Track Record: 7+ years in operations with successful stores in various Indian cities

4. Supportive Franchise Model: Extensive guidance, SOPs, and brand support

5. Customer-Centric: Focus on affordability, quality, and service

Why the FOFO Model Works Best

Eyefoster Franchise Owned, Franchise Operated (FOFO) model puts power and responsibility in your hands—with full support from the brand.

What It Offers You:

1. Control over daily operations

2. Flexibility in hiring local staff

3. Leverage of a national brand identity

4. Regular training, audits, and upgrades

5. Technology tools for billing, inventory, and customer management

This ensures you’re running an independent business with the backing of a structured system.

Eyefoster Franchise Investment Breakdown: CAPEX

Setting up an Eyefoster outlet involves a one-time capital expenditure (CAPEX). Here’s the cost layout:

Category investment (₹)

Franchise Fee (Non-Refundable) rs 1,75,000
Furniture, Branding, and Signage rs 5,00,000
Eye & Lens Testing Equipment rs 2,25,000
Computer, Software & Accessories rs 2,00,000
Initial Stock rs 4,00,000
Total Initial Investment rs 15,00,000 + GST

What’s Included:

1. Lensometer

2. RaEye Testing Kit

3. Optometry Computer

4. Billing Software

5. CCTV Setup

6. Branding & Store Design

7. Furniture, Air Conditioning

Note: Final store cost may vary depending on location and store size.

Monthly Operating Costs: OPEX

Once your store is operational, you’ll incur regular monthly expenses:

Expense Head monthly Cost (₹)

Rent rs 25,000–50,000
Staff Salaries (2–3 people) rs 40,000

Utilities & Misc.rs 10,000

Total Monthly OPEX ₹75,000 to Rs 1,00,000

Optimum staff includes one optometrist and a sales executive/store manager.

Location Preferences for Maximum Footfall

Eyefoster has a well-researched location strategy. You should choose areas with:

1. 250–400 sq. ft. carpet area

2. Proximity to grocery stores, chemists, food joints

3. Foot traffic from schools, colleges, or office hubs

4. Visibility from the street and nearby landmarks

Rental Expectations:

1. Tier 2 & Tier 3 Cities: ₹25,000–₹30,000/month

2. Tier 1 & Metro Cities: ₹30,000–₹50,000/month

Both commercial and residential areas are acceptable.

Earning Potential: 5-Year ROI Forecast

Your return on investment (ROI) as an Eyefoster franchisee can be significant. Based on conservative estimates:

Annual Sales & ROI

1. Year 1
2. Revenue: ₹30,00,000
3. Rent: ₹3,00,000
4. Salaries: ₹4,80,000
5. Royalty: ₹1,80,000
6. Misc.: ₹10,000
7. ROI: 30% – 50%
8. Cumulative ROI: 30% – 50%

1. Year 2
2. Revenue: ₹35,00,000
3. Rent: ₹3,15,000
4. Salaries: ₹5,00,000
5. Royalty: ₹1,95,000
6. Misc.: ₹11,000
7. ROI: 35% – 55%
8. Cumulative ROI: 65% – 105%

1. Year 3
2. Revenue: ₹40,00,000
3. Rent: ₹3,30,000
4. Salaries: ₹5,23,000
5. Royalty: ₹2,00,000
6. Misc.: ₹12,000
7. ROI: 45% – 75%
8. Cumulative ROI: 110% – 180%

1. Year 4
2. Revenue: ₹48,00,000
3. Rent: ₹3,47,000
4. Salaries: ₹5,40,000
5. Royalty: ₹2,40,000
6. Misc.: ₹13,000
7. ROI: 70% – 105%
8. Cumulative ROI: 180% – 285%

1. Year 5
2. Revenue: ₹55,00,000
3. Rent: ₹3,65,000
4. Salaries: ₹5,69,000
5. Royalty: ₹2,75,000
6. Misc.: ₹14,000
7. ROI: 80% – 120%
8. Cumulative ROI: 260% – 405%

Royalty Clause:
1. Year 1 – 5% or ₹15,000/month (whichever is higher)

2. Year 2 onwards – 5% or ₹20,000/month (whichever is higher)

Franchisee Benefits & Brand Support

1. Marketing Support

Pan-India digital marketing from brand HQ

Social media templates

Posters, flyers, standees

Local promotions are the responsibility of the franchisee

2. Training & Setup

Staff training on eye testing and billing

Operational SOPs

Setup supervision for interiors and branding

3. Brand Trust

Established customer trust

Multi-brand inventory draws wider customer base

Offers across budget and premium segments

Social Impact: Business with a Purpose

Vision care isn’t just profitable—it’s deeply impactful. As an Eyefoster Franchise, you’re contributing to:

1. Early detection of eye issues in children

2. Increased productivity among adults

3. Better quality of life for the elderly

You can even partner with NGOs and schools to conduct vision camps—bringing visibility to your business while serving society.

Real-Life Scenario: A Sample Calculation

Imagine setting up an Eyefoster Franchise store in a Tier 2 city like Nagpur or Kochi

1. Initial Investment: ₹15 lakh

2. Monthly Revenue from Year 2: ₹3 lakh

3. Monthly Costs: ₹1 lakh

4. Monthly Profit: ₹2 lakh

5. Break-even Period: 12–18 months

6. ROI by Year 3: Over 100% cumulative

7. And with the market growing 30% every year, these numbers could scale quickly.

Eyefoster Franchise Comparison with Other Franchise Models

1. Initial Investment
Eyefoster: ₹15 – 16 lakh
Salon chains: ₹25 – 30 lakh
QSR (Food Franchise) : ₹40+ lakh
Apparel: ₹30+ lakh

2. Break even
Eyefoster: 12 – 18 months
Salon chains: 18 – 24 months
QSR (Food Franchise): 24 – 30 months
Apparel: 30+ months

3. Margins
Eyefoster: 60 – 100%
Salon chains: 30 – 50%
QSR (Food Franchise) : 20 – 30%
Apparel: 20 – 40%

4. Social impact
Eyefoster: high
Salon chains: low
QSR (Food Franchise) : low
Apparel: medium

5. Entry barrier:
Eyefoster: high
Salon chains: low
QSR (Food Franchise) : low
Apparel: low

Conclusion: A Business You Can Be Proud Of

The Eyefoster Franchise model is an exciting blend of profit and purpose, offering you a chance to tap into one of India’s most underserved but fastest-growing markets.

From robust returns and low break-even periods to social impact and strong brand support, this is more than just an investment—it’s a visionary venture.

Whether you’re a first-time entrepreneur, a seasoned investor, or someone looking to make a difference while building wealth, Eyefoster Franchise is your next smart step.

Call to Action

Ready to turn a vision into reality?

Contact Eyefoster Franchise today to learn how you can become a franchise partner and help India see better—one customer at a time

Website: https://franchiseavs.com
Mobile number: 9205434226
Email id: Varunsingh@franchiseavs.com

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Dated: 4 June 2025