Lakme Salon Franchise is the best salon franchise in India. We will discuss Lakme Salon Franchise Cost, Profit, and How to get the franchise.
Lakme Salon Franchise currently has 250+ outlets in PAN India. You can enroll directly for Lakme Salon Franchise by filling up the Google Form or Whatsapp.
Lakme Salon Franchise Cost
Lakme Salon Franchise Cost ₹50,00,000 Rupees as an initial investment. The Franchise Fee is not disclosed by the brand. The minimum area required is 400 Square Feets. The Royalty charged by the brand is 10% on Sales.
The bifurcation of the Franchise Price (Cost) is given below-
- Franchise Agreement is for 5 Years Term, which will be renewed based on discussion
- GST as applicable
- Training will be provided by the brand
- 3-4 staff will be required
- The material will be provided by the brand
- All Payments Made are Non-Refundable
- Return on Investment is around 18-24 months to cover the cost
Lakme Salon Franchise Profit
We will analyze Lakme Salon Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 3,60,000 Rupees i.e. 12,000 Rupees per day approximately.
Particulars | Amount (Cafe Model) |
Gross Sales | 4,20,000 Rupees |
Cost of Material @30% | (1,26,000) Rupees |
Rent | (70,000) Rupees |
Electricity and Water Supply | (10,000) Rupees |
Salary of Workers and their Expenses | (80,000) Rupees |
Royalty @10% | (42,000) Rupees |
Other expenses (Marketing, Aggregator, Misc) | (8,000) Rupees |
Net Profit | 84,000 Rupees |
We can conclude that the Profit Margin of Lakme Salon Franchise is 20% for the Sales of 4,20,000 Rupees. The outlet may have less profits in the initial days but Tea has great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 6 Lakh Rupees per month and the profit margin will be 25% on Sales or 1,50,000 Rupees as Profit.
Location plays a very crucial factor in determining the success rate of a franchise along with food quality and service.
The location should have a very high footfall. It should be in the main market of that area. You can open the outlet nearby colleges, corporates, Highways, Malls or any place where young people love to have Salon.
How to Get Lakme Salon Franchise?
To get Lakme Salon Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.
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