How to get Lakme Salon Franchise ?
Lakme Salon Franchise in India: Cost, Requirement, Applying Process & Contact Details
Almost every woman is conscious about their look and wants to be beautiful. We become awestruck when we see a beautiful and charming woman crossing us. We think about her perfect skin and mesmerizing fragrance in those couple of seconds. This is all possible through good quality beauty products, but all beauty products are not up to the mark and relatable.
If you’re someone who loves style and beauty, and you’re on the lookout for an exciting business opportunity with a well-known brand, or if you’re already in the beauty industry and want to grow your business with low risk, you’re in the right place. Lakme, a brand that has always been dedicated to making women feel beautiful, offers you a chance to start your own business and make profits through Lakme Salon. In this article, we’ll provide you with all the necessary information about Lakme Salon and how to start a Lakme Salon franchise in India.
In a world where self-care and self-expression matter, beauty is a realm of endless possibilities. Every woman dreams of looking and feeling her best, and encountering a truly beautiful woman often leaves us in awe. We ponder the secrets behind her flawless skin and captivating fragrance. It’s a testament to the power of beauty.
Whether you’re passionate about style and beauty or already working in the beauty industry, Lakme Salon offers an exciting opportunity. You can become part of a brand known for making women feel beautiful. Lakme Salon allows you to start your entrepreneurial journey and provide a range of top-notch beauty and wellness services.
Lakme Salon doesn’t just help you fulfill your entrepreneurial dreams; it also lets you contribute to the beauty and confidence of countless individuals. Whether you’re new to the beauty industry or looking to expand your existing business, Lakme Salon franchise offers a promising path to success.
About the Lakme Salon Company:
Lakme Salon has a rich and illustrious history in the beauty and cosmetics industry. It began its journey in 1952 under the name “Lakshmi beauty products” as a 100 percent subsidiary of Tata Oil Mills. However, in 1998, it underwent a significant transformation when Hindustan Unilever acquired the brand for a substantial sum of 200 Crore rupees. This acquisition marked a turning point as the brand was re-branded and renamed as “Lakme.” Lakme is renowned for its diverse range of beauty care products, offering everything from lipsticks and eye products to hair care and skin care items. Over the years, the brand has solidified its reputation for quality and innovation in the cosmetics industry, becoming a household name in India.
In addition to its cosmetic product line, Lakme expanded its horizons by venturing into the salon business in India. Today, Lakme Salon boasts a formidable presence with over 400 locations spread across more than 125 metropolitan cities and smaller towns in the country. What’s even more impressive is the company’s ambitious growth plan, aiming to open two new outlets every two weeks. This expansion not only strengthens Lakme’s footprint but also creates fresh opportunities for aspiring entrepreneurs and job seekers within the thriving Hair and Salon Industry.
Lakme Salon’s commitment to quality and customer satisfaction has been pivotal in maintaining its top-tier position in the industry. The salon offers a diverse range of premium services catering to both men and women. These services encompass everything from hair styling, hair coloring, and haircuts to facials, make-up application, nail art, spa treatments, and much more. Lakme Salon continues to set the standard for excellence in the beauty care and wellness sector, making it the preferred choice for individuals seeking top-notch beauty and wellness treatments.
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Benefits of choosing Lakme Salon franchise:
Opting for a Lakme Salon franchise comes with several advantages that can contribute to the success of your beauty care business. Here are some key benefits of choosing a Lakme Salon franchise:
- Lakme is a well-known and trusted cosmetics brand in India. Becoming a franchisee allows you to leverage the reputation and recognition of this established brand, making it easier to build a loyal customer base.
- Operating a Lakme Salon franchise places you in a standard and prestigious segment of the beauty care industry. This enhances your business’s reputation and credibility.
- Lakme’s franchise business model is designed for future sustainable growth. With the backing of a reputable brand and ongoing support, franchisees have the potential to achieve long-term success.
- Female entrepreneurs may find it relatively easy to secure loans from private and government banks for a Lakme Salon franchise. These loans often come with attractive interest rates, making it more financially feasible to start and run the business.
- Lakme provides extensive support and guidance to franchisees during the startup phase. This includes assistance with business development, product delivery to customers, and access to company resources.
- Lakme Liver actively promotes and supports the marketing of the salon. This can help attract a steady stream of customers and enhance brand visibility.
- Franchisees receive regular training in operational procedures and service delivery, ensuring that staff members stay updated on the latest industry trends and best practices.
- The beauty care products and wellness services industry is known for its continuous demand. As a franchise owner, you tap into a market that offers consistent opportunities for growth and expansion.
Eligibility criteria for Lakme Salon franchise:
- The applicant should be 18 years or above.
- Applicants must commit to following the guidelines and standards set by Lakme Liver, demonstrating integrity and ethical business practices.
- Prospective franchisees should have a genuine passion for and dedication to the beauty care business.
- Applicants should possess the ability to effectively handle clients and provide excellent customer service. They should also be capable of building and managing a team of staff members.
- It is important that the applicant has sufficient time and effort to invest in running and managing the franchise business successfully.
Requirements for Lakme Salon franchise:
In addition to meeting the eligibility criteria, prospective franchisees must also fulfill specific requirements to set up and operate a Lakme Salon franchise:
- Space: The applicant should have access to a space with a carpet area ranging from 1000 to 1500 square feet. This space should have proper frontage visibility and parking facilities for customers.
- Investment Capability: Prospective franchisees should be financially capable of investing approximately 40-50 lakhs to establish and operate the salon. This investment covers setup costs, equipment, and initial operational expenses.
- Time Commitment: Franchisees should be prepared to allocate the necessary time to attend training sessions and actively participate in the day-to-day operation of the business.
- Previous Experience: While not mandatory, previous experience in the beauty products or beauty salon segment can be advantageous.
- Educational Qualifications: Applicants are encouraged to have a graduation degree or its equivalent.
- Staff Requirements: To ensure smooth salon operations, franchisees are expected to hire and maintain a team of at least 4-6 trained staff members or beauticians.
How much does Lakme Salon Franchise Cost ?
The exact cost of a Lakme Salon franchise, including the franchise fee, may not be publicly disclosed by the company. To obtain precise information on the cost, interested individuals should directly contact the Lakme Salon franchise team. However, as a general guideline, here is an overview of the expenses associated with opening a Lakme Salon franchise:
- Salon Setup: This category includes expenses related to construction work, lighting, air conditioning (AC) installation, plumbing work, flooring, and interior design. Lakme typically provides guidance and standards for these aspects of salon setup.
- Furniture and Equipment: Franchisees will need to invest in salon furniture, equipment, branding materials, signage, and staff uniforms to create a visually appealing and functional salon environment.
- Product Inventory: Franchisees will need to stock a range of beauty products for retail sales and offering services. This includes cosmetics, skincare products, haircare products, and other beauty-related items.
- Rent and Lease Deposit: Costs associated with leasing or renting the salon space, which may include a lease deposit and ongoing monthly rent payments.
- Technology Infrastructure: Expenses for essential hardware such as computers, routers, and printers to support the salon’s operations, including point-of-sale systems and administrative tasks.
- Franchisee Fee: This is a fee paid to Lakme for the right to operate a franchise under their brand. The specific amount of the franchisee fee will be communicated by the company’s franchise team.
- Miscellaneous Expenses: This category may cover various other costs, including licensing, permits, insurance, initial marketing efforts, and any unforeseen expenses that may arise during the setup phase.
To open the Lakme Salon Franchise you have to invest minimum of Rs. 50-60 Lac. But we always recommend to contact the Lakme Salon franchise team directly to obtain precise financial details.
Space Required for Lakme Salon Franchise Outlet:
Setting up a Lakme Salon is indeed a promising venture, and the location you choose is crucial to its success. To maintain the brand’s standards and create an inviting ambiance, it’s essential to carefully select the right location. Here are the space requirements for a Lakme Salon franchise outlet:
- Location: The salon should be situated in a well-trafficked and easily accessible area. Ideal locations include commercial zones, high street areas, or shopping malls. Proximity to a good residential area can also be advantageous for attracting a customer base.
- Carpet Area: The franchise outlet should have a minimum carpet area ranging from 1200 to 1500 square feet. This space allocation is necessary to accommodate salon facilities, treatment rooms, reception area, and other essential amenities while providing a comfortable environment for both staff and customers.
- Visibility: The salon must have a prominent and visible frontage. This ensures that potential customers can easily identify and locate the salon, contributing to foot traffic and brand recognition.
- Parking: Providing parking space or easy access to parking facilities is important for customer convenience. Adequate parking availability encourages customers to visit the salon without worrying about parking hassles.
- Floor Preference: Ground floor or first-floor locations are typically preferred for salon outlets. These floors are more accessible and convenient for clients, reducing the need for excessive stair climbing.
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Documents Required:
The franchisee must have the following documents before opening the store-
- ID Proof: Aadhaar Card, PAN Card, Voter Card
- Address Proof: Electricity Bill/Rent agreement/ NOC
- Qualification certificate
- Photograph, Email Id, Mobile Number
- Current A/C and cancel cheque
- Shop agreement / Sale deed
- Rent agreement
- NOC
- GST number
- Outlet trade license
Profit and margin of Lakme Salon Franchise:
It is really hard to say about the monthly sale of a Lakme salon because it depends on size of the salon, location, types of services taken etc. Here we are giving an approximate data about Lakme Salon. As per assumption the approx. sales of a medium sized Lakme Salon is 4,20,000 rupees per month. The return on investment is about 2 years. Here a table is given to show the approx. profit of Lakme Salon-
Particulars | Amount in rupees |
Products Cost | Rs. 1,30,000/ Month |
Rent | Rs. 40,000/ Month |
Electricity and water supply | Rs.10,000 / Month |
Salary of staffs and their expenses | Rs. 80,000/ Month |
18% Royalty on service sale | Rs. 75,600/ Month |
Other expenses(Advertising, Aggregator & Miscellaneous) | Rs.8000 / Month |
Total Expenses | Rs. 3,43,600/ Month |
Gross Service Sale | Rs. 4,20,000 |
Profit(Sales- Expenses) | Rs. 76,400/ Month |
Lakme Salon Franchise support by company:
Lakme offers comprehensive support to its franchisees, encompassing various aspects of their business operations. Some of the key support areas include:
- Staff Training: Lakme ensures that all staff members at the franchise receive regular training sessions. These training programs are designed to keep the staff updated with the latest beauty trends and techniques, ensuring that they can effectively manage the salon and provide high-quality services.
- Outstation Training: In cases where outstation training is required, Lakme covers all associated costs. This includes expenses related to travel, lodging, and meals, ensuring that franchise staff can access the necessary training without incurring additional financial burdens.
- Launch Support: Lakme actively contributes to the franchise’s launch activities. They provide financial assistance of up to 2 lakhs to support the franchise’s launch efforts. This assistance helps ensure a successful and impactful salon opening.
- Promotional and Marketing Activities: The company takes charge of all promotional and marketing activities for the franchise. This includes digital marketing initiatives and online advertisements. By centrally managing these efforts, Lakme ensures consistent branding and visibility across all its franchise locations.
- Marketing Materials: Lakme supplies its franchisees with essential marketing materials such as leaflets, manuals, and the latest brochures. These resources keep franchise owners informed about the most recent offers and deals, helping them effectively promote their salon and attract customers.
How to apply for the Lakme Salon Franchise ?
If you’re interested in owning a Lakme Salon franchise and you’re not sure how to apply, just follow these simple steps:
- Click on the following link: Lakme Salon Franchise Application
- Once you click the link, you’ll be taken to the franchise application page. Here, you’ll find an application form. Fill in all the required details, including your name, email address, contact number, city, location, and a brief introduction about yourself.
- After you’ve completed the form, click on the “Submit” button. Once you’ve submitted the form, the Lakme Liver team will get in touch with you and provide guidance on the next steps of the application process.
- If you have any immediate questions or need assistance, you can also reach out to them directly. You can send an email to support@lakmeindia.com or give them a call at +91-22 39832117. The dedicated team will respond to your inquiries and provide the support you need.
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Lakme Salon Franchise Contact Details:
If you have any questions or inquiries regarding the Lakme Salon Franchise, you can easily get in touch with the company using the contact details provided below:
Lakme Lever Ltd.
Address: 1st Floor, Shree Nivas House, H Somani Marg, Behind Bombay Gymkhana, Fort, Mumbai – 400001
Phone Number: 1800-202-1996
Email Addresses:support@lakmeindia.com
Website: www.lakmesalon.in
Feel free to reach out to them through these contact options for any information or assistance related to the Lakme Salon Franchise.
Conclusion:
Beauty products and salon segment one of such industries which will never run out of demand. Through beauty salon we can take many services which make us beautiful. Lakme is one of the leading brand in India so investing in Lakme Salon franchise is a good idea, but as per experts before enter into any beauty segment you must know every side of this business.
You gather information as much as possible, talk to the company concern person about all pros and cons. When you will be confirmed and understand the business model then you should invest in beauty brands. Here we have tried to give you necessary information, for more details visit Lakme’s official site.
Frequently Asked Question (FAQ):
Q. How do I apply for a Lakme Salon franchise?
Ans: To apply for a Lakme Salon franchise, visit the official Lakme Salon franchise application page on their website. Complete the application form with your details, and the Lakme Liver team will guide you through the process.
Q. What is the minimum space required to open a Lakme Salon franchise?
Ans: A Lakme Salon franchise typically requires a minimum carpet area of 1200-1500 square feet with good visibility and parking space.
Q. Can I own more than one Lakme Salon franchise?
Ans: Yes, subject to approval, you can own multiple Lakme Salon franchises based on your capacity and qualifications.
Q. What kind of services can I offer at a Lakme Salon franchise?
Ans: Lakme Salon franchises offer a wide range of beauty and wellness services, including hair styling, haircuts, facials, make-up, nail art, spa treatments, and more for both men and women.
Q. How much does a Lakme Salon franchise cost?
Ans: The exact cost of a Lakme Salon franchise, including the franchise fee, is not publicly disclosed. But minimum you have invest of Rs. 50-60 Lac. But we always recommend to contact the Lakme Salon franchise team directly to obtain precise financial details.
Q. How long does it take to set up a Lakme Salon franchise?
Ans: The time required to set up a Lakme Salon franchise can vary based on factors such as location and construction. Typically, it takes a few months to prepare for the opening.
Q. Is marketing support provided for Lakme Salon franchisees?
Ans: Yes, Lakme provides marketing support and assistance to franchisees to help promote and grow their business.
Q. Can I secure financing to start a Lakme Salon franchise?
Ans: Female entrepreneurs can often secure loans from private and government banks at attractive interest rates to fund their Lakme Salon franchise.
Q. What are the royalty fee charged from Lakme Salon franchise?
Ans: Lakme charges an 18% royalty fee on service sales but does not charge royalty on product sales.
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