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Do you want to open Lakme Salon franchise business in your locality? Are you interested in starting a business in the beauty salon industry? ? Read this review article to learn why and how to apply for Lakme salon franchise including cost and investment.
Lakme brand was established in the year 1950. It is the country’s first beauty brand and takes pride in being the expert of Indian beauty for over 50 years. Lakme brand operates in colour cosmetics, skin category, beauty salons and is also the pioneer of the Fashion event: Lakme Fashion Week in the country. Lakme was the country’s first cosmetic brand to introduce makeup to Indian women and takes pride in being the expert on Indian Beauty for over 50 years
Why You Should Consider Applying for Lakme Salon Franchise Business
Hindustan Unilever pioneered the salon franchise format in India. Lakme Salon franchising was started in 2000 and in the year 2009, Hindustan Unilever exited from this business and licensed it to Lakme Lever Pvt Ltd a Subsidiary of Hindustan Unilever to operate and expand the business. Lakme is considered as the pioneer in beauty brand in India. At present Lakme salon have over 220 stores in India and with 130 franchise partners growing every day. Lakme Salon is predominantly a franchise owned and franchisee operated (fofo) model.
The salon industry made up of the organized and the unorganized salon is witnessing tremendous growth. Steering this growth is the organized segment which is forecasted to grow at an average of 25% per annum. With established Standard Operating Procedures and processes, Lakme Salon aspires to be one of the best franchise management business in the country.
Also, Read 17 Most Profitable Beauty Business Ideas
Investments Required to Start a Lakme Salon Franchise
The total investment or start-up cost for Lakme Salon franchise is about 30 to 50 lakhs which include franchise fee, interior decoration, furniture, fixture cost, and other basic costs required for the salon. The cost may be less in smaller cities and towns. A minimum floor area of 800 to 1200 Sq feet and the area should be easily approachable and accessible and in main commercial or residential location. Operational break even is expected to be achieved within 3-6 months. Investment payback period is around 3-3.5 years.
How to Apply
Contact details of Lakme Lever including address, phone number, fax, email is given below:
Lakmé Lever Ltd.
1st Floor, Shree Nivas House,
H Somani Marg, Behind Bombay Gymkhana,
Fort, Mumbai – 400001
Phone no. – +91 22 39832117
Email Id. : email@example.com
If you are interested in applying online you can submit your inquiry here – http://www.lakmeindia.com/lakme-salon/franchisee-enquiry
Lakme Salon franchise business opportunity is a profitable and rewarding option for individuals looking for a retail based food service franchise opportunity. Analyse and decide whether this business opportunity fits you as per your skills, experience, interest, and knowledge.