Lakme Salon Franchise in India,Cost,Profit - 2023
Updated On : 08-Dec-2023
Learn how to apply for Lakme Salon Franchise to get started.Follow the complete tutorial step by step.
If someone is interested in cosmetics and beauty products and wants to invest in the cosmetics industry, then this is the right place for them. Today, the cosmetics industry has taken the world by storm. The cosmetics industry has existed all over the world for centuries. But today, the industry is spread across different parts of the world and is expected to reach a value of 2,68 billion US dollars by the end of 2020. Today, everyone wants to take care of themselves and look good high demand for beauty and skin care products. And as for cosmetics in India, one name that everyone in the country knows Lakme. Whether in the category of make-up, hair care, skin care, Lakme provides top quality products to the consumers. In the times when many of the brands just make lavish claims, Lakme is one brand that the people of India trust.
The Company:
Lakme It is an Indian company that sells cosmetic products to its customers. The parent company started the company in 1952 Tata Oil Mills (Tomco), which owned 100 percent of Lakme. The name Lakme was derived from a French opera of the same name, which itself was considered to worship the French version of Lakshmi (goddess in Indian mythology) for success and beauty.
The company came about when Pandit Jawaharlal Nehru, the first Prime Minister of independent India, was concerned that Indian women were spending large amounts of foreign exchange on cosmetic products made in other countries. So Pandit Nehru asked Jehangir Ratanji Dadabhoy Tata to make cosmetic products in India. In 1996, Tata sold Lakme stakes for 200 crore rupees to HUL (Hindustan Unilever Limited) which is now the owner of the company.
Today, Lakme is the number 1 cosmetics brand in the country. In 2012, the Lakme Brand Trust Report ranked as the 104th in India. The following year, the same report ranked Lakme as the 71st most trusted brand in India. And in 2014, in the same report, the company ranked 36th in the list of most trusted brands in India. The Lakme company is a sponsor of the Lakme Fashion Week, a biannual fashion event. The company inaugurated the event in 2000 and is organized in the city of Mumbai.
Lakme Salon is India’s first and leading beauty salon chain providing makeup, hair care and skin care services. The company has a dedicated team of over 3500 skilled professionals who work hard to provide excellent services to our customers.
Lakme Salon has been in existence for over 35 years as it was started in 1984. Since then, the company has spread across India with more than 400 Lakme Salons in 125 cities in the country.
The company launched Lakme Absolute Salon in 2012 which provided world-class beauty services in the cities of Delhi, Mumbai, and Bangalore.
Lakme Beauty Salon Franchise in India:
No one should seize the Lakme franchise business opportunity as the company is gaining new heights every year. The company started the Lakme Salon franchise in 1998 and has grown over the years. The number of Lakme cosmetics franchise outlets nationwide comes to around 360 with over 300 franchise partners.
At the 16th Franchise India Awards in 2018, Lakme Salon was awarded the ‘Franchisee of the Year’ award. The Lakme cosmetics franchise also ranked among the top 100 franchise brands in India by the Franchising World, India’s number 1 franchise magazine.
The company has celebrities such as Kareena Kapoor and Ananya Pandey as the brand ambassador which greatly enhances the company’s image. With all the awards and achievements, it is clear that an investor should seriously consider the Lakme franchise business opportunity.
Another thing about opening the Lakme Beauty Salon franchise is that one receives various types of support and assistance from the company. When someone chooses to open a franchise of Lakme Salon, the company helps him or her find the perfect place to open the outlet. The company also provides support in operational and audit areas that help facilitate management and improve the quality of professional service. Lakme Salons not only helps the franchisee recruit the employees but also ensures that employees are properly trained in basic salon features like CRM software, billing, staff scheduling, management, etc.
Lakme Salon Franchise Requirements:
As with any franchise, there are certain requirements that one must meet to become the owner of the Lakme franchise. The first requirement one must meet to have a Lakme cosmetics franchise is the outlet area. The outlet area must be adequate so that there is room for all the equipment needed to run the salon. The required area for the Lakme franchise is between 900 and 1,200 square feet.
Another requirement that must be met is the number of employees in Salon Lakme. The franchisee will have to employ around 10 to 15 employees to run day-to-day operations in the store.
The cost of the Lakme Salon franchise:
The cost of the investment required for a franchise is a huge factor that the investor takes into account when making his decision. An investor who wants to own a Lakme franchise will have to put up an initial investment of 50 to 60 lakh rupees. This amount will cover costs such as interior decoration, franchise fee, furniture and equipment needed to run the salon. The franchisee must sign a franchise agreement with the company of 5 years duration.
Lakme Salon Franchise Profit:
It is very profitable for an individual to own a franchise of Lakme Salon. The return on investment a franchisee can get back from running a Lakme franchise is 18 to 25 percent. According to information available on the internet, a Lakme franchise owner can earn a monthly profit of 95,000 rupees. The franchisee can recover its full investment amount within 4 to 5 years from opening the outlet.
How to get a Lakme Salon Franchise?
There are certain steps that one must follow in order to become the owner of the Lakme franchise. The first thing one has to do is visit the official website of the company. The person must then select the franchise options and then fill out an application form to apply for the Lakme franchise. The person must fill in personal and official details in the application form. After completing the form, the person must submit it online. Support staff then evaluate the application and decide whether or not to pursue the person.
Lakme Franchise Inquiry:
If a person wishes to contact personnel at Lakme to ask them questions about any of his inquiries, they can use the following information:
Office Address: Lakmé Lever Ltd. 1st Floor, Shree Nivas House, H Somani Marg, Behind Bombay Gymkhana, Fort, Mumbai – 400001
Lakme franchise contact number: +91 22 39832117
Email Id: care@lakmelever.com
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Franchise Lakme Frequently Asked Questions:
1. Is the Lakme Franchise Profitable?
Yes, the Lakme franchise is very profitable. The return on investment for the Lakme franchise is estimated to be between 18 and 25 percent. The franchisee can also earn a monthly profit of around 95,000 rupees.
2. How to get a Lakme beauty salon franchise?
The process of applying for the Lakme franchise is very simple. One must visit the official website of the company and fill out an application form to apply for Lakme beauty salon franchise. The individual must fill in certain personal details in the application form. Subsequently, the application form is reviewed by the Lakme support team and on that basis they decide whether to proceed or not.
3. Who is Lakme’s owner?
Hindustan owns Unilever Lakme.
4. How much does it cost to open a Lakme Salon in India?
One would need to invest 50 to 60 lakh rupees in order to have a Lakme cosmetics franchise.
5. What is the area required to open a Lakme Salon?
The area required by the franchisee to establish Salon Lakme is between 900 and 1,200 square feet.
6. How many employees are needed to run the Lakme Salon?
To run a franchise of Lakme Salon, the franchisee must employ 10 to 15 workers who will perform the day-to-day operations.
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Final Words:
The cosmetics industry is one that will never close. As long as there is a desire among women to look beautiful, the cosmetic industry will exist in the world. And in this cosmetic industry, Lakme is a huge name in India. Apart from the many high quality products provided by Lakme Salons, the company’s professional experts understand what customers want and are able to adapt and improvise to those desires and thereby provide products and services to the public. When we look at the endorsements of the celebrities as well as the various awards and achievements of the company, it’s hard to deny that Lakme, from an investor’s point of view, is India’s top choice in the cosmetics category. So, it was all about how to get a Lakme salon franchise.
Open a Lakme Salon franchise and be a part of India's leading beauty salon brand. Apply online and start your successful salon business.