Lakme Franchise Cost in India: The growing focus on health and wellness in India, especially among the urban youth, has significantly boosted the health and wellness industry. With an impressive yearly growth rate of 15-17%, this sector is on track to reach Rs. 1.5 trillion by 2020, a massive leap from the mere Rs. 1 crore recorded in 2015. A key player in this booming market is the wellness industry, which is valued at INR 490 billion. Wellness services account for 40% of this figure, with fitness, skincare treatments, and cosmetics experiencing the fastest growth. This growing demand has opened up exciting opportunities for entrepreneurs, particularly with the Lakme Franchise.
About Lakme and Its Franchise Opportunity
Owning a Lakmé Salon franchise requires more than just investment; it demands a commitment to exceptional customer service and an entrepreneurial spirit. Franchise owners must have a strong focus on customer satisfaction, a passion for the beauty business, and the drive to maintain high operational standards. Lakme Franchise Cost in India
To embark on the journey of becoming a Lakmé Salon partner, one must secure a property of at least 900 square feet and invest between Rs. 50–60 lakh. Lakme, a brand owned by Hindustan Unilever, is a recognized leader in the Indian beauty industry, offering a diverse range of skincare, hair care, cosmetics, and salon services. The brand’s widespread appeal is evident from its 240+ locations spread across 60 cities, staffed by over 2,200 professionals who serve more than a million customers each year.
Eligibility Criteria for Lakme Franchisees
Becoming a Lakme franchise owner is open to individuals who meet the following criteria: Lakme Franchise Cost in India
- A strong commitment to ethical business practices.
- Dedication to managing the business effectively.
- A customer-centric approach, with a willingness to go the extra mile.
- Leadership skills, including the ability to build and manage a team.
- A readiness to invest the time and energy necessary to run a franchise.
Why Become a Lakme Franchise Owner?
There are several benefits to owning a Lakme franchise. These include: Lakme Franchise Cost in India
- The brand’s strong and growing business model, providing franchise owners with the potential for sustained growth.
- Special loan facilities for female entrepreneurs, with competitive interest rates from both public and private sector banks.
- Comprehensive support from the Lakme team, covering everything from setting up the franchise to daily operations.
- Assistance with customer product delivery, marketing, and business development.
- Training and guidance in areas such as standard operating procedures, IT development, and project management.
- Ongoing professional development for the franchise’s staff through the Lakme Training Academy.
Location and Space Requirements
Franchisees must either own or lease a space of at least 900 square feet. The location should be strategically chosen in high-traffic areas such as shopping malls, hotels, marketplaces, or other residential areas that are easily accessible to the public. This is crucial to ensure the business thrives in a competitive market.
Financial Investment
To open a Lakmé franchise, the investment required ranges between Rs. 50–60 lakh, depending on location-specific requirements. In addition to this initial investment, franchisees will need to allocate working capital for daily operational expenses. Lakme Franchise Cost in India
Training and Support
Lakme places great emphasis on maintaining high professional standards across its franchises. The Lakme Training Academy provides franchisees with continuous HR and training support to ensure that their teams are equipped with the skills and knowledge required to deliver exceptional service.
Moreover, the academy offers guidance in setting up the salon, selecting the right location, and managing the day-to-day operations effectively. This extensive support ensures that franchisees feel confident in running their businesses, knowing they have the backing of a trusted brand.
How to Apply for a Lakme Franchise
If you’re interested in owning a Lakme franchise, the process is straightforward and can be completed online. Here are the steps: Lakme Franchise Cost in India
- Visit the Lakme franchise’s official website.
- Click on the “Become a Franchisee” option on the homepage.
- Navigate to the “Franchisee Process” section.
- Select the “Join Us” button, which will take you to the franchise application form.
- Fill in the required details in the application form.
- Submit the form for review.
Contact Information
For further inquiries, here are the contact details for Lakme: Lakme Franchise Cost in India
Lakmé Lever Ltd.
1st Floor, Shree Nivas House,
H Somani Marg, Behind Bombay Gymkhana,
Fort, Mumbai – 400001
Phone: +91 22 39832117
Email: Lakme.Franchisee@unilever.com
Franchise Application: www.franchisee.lakmeindia.com
In Conclusion
Lakme has a strong legacy and continues to evolve with changing market trends. The brand’s growth, coupled with its franchise model, offers excellent opportunities for entrepreneurs looking to enter the beauty industry. With over 240 salons nationwide and 60% of franchisees owning multiple salons, it’s clear that the Lakme franchise is a promising business opportunity.
