Know everything about MacV Franchise Business Opportunity here. Check out details like its Franchise Review & Ratings, Infrastructure requirement, Support details, ROI tenure & more.
Franchise of MacV is a leading Specs & Sunglasses Franchise. You can check all relevant information & take your franchise investment decision.
MacV Franchise Business Opportunity - Snapshot
Line of Business
Unit / Shop Area
Commission% / Revenue Sharing
Infrastructure Investment
ROI Timeframe
MacV Franchise Review & Ratings
Revenue Sharing
Franchise Fee & Infra Investment
Support & Training
ROI Timeframe
Brand Value
Overall Ratings
Star Ratings
Overview of MacV Fashion Franchise
Industry
Business Line
Organization Type
Head Office
Founder
Founded In (year)
No. of Franchise Outlets
Master Franchise Model
Franchise Tenure
Franchise Location
Business Set-Up Time
Franchise Commencement Year
MacV is a renowned brand name in the eyewear industry, especially regarding specs and sunglasses. It is a privately held organization started by Mr. Paresh Khivesara in 2015.
Even though big brands penetrate the eyewear market, MacV earned a name. Today, they have more than 15 outlets across the country, with their head office being located in Mumbai.
With time, the popularity of MacV is increasing. Therefore, more and more franchises are opening.
Starting a franchise of MacV is quite easy. Firstly, you need to arrange a minimal investment capital of nearly 5 lakh rupees. Out of this, your franchise fee is nearly 1 lakh, and the remaining will be your infrastructural investment.
You will also need a unit area of nearly 60 to 100 square feet. After fulfilling these requirements, you get access to the franchise with a tenure valid for the next 5 years.
The revenue-sharing model of MacV gives the franchisee a 60% share of the revenue, due to which the franchise can gain an ROI within 12 to 18 months.
MacV Franchise Investment & Fees
Franchise Fee
Infrastructure Investment
MacV Franchise Commission / Revenue Sharing / Royalty
Franchisee
Franchisor
MacV Business Partner ROI Details
In Years
Master Franchise of MacV - Information
Franchise Fee
Infrastructure Investment
Commission% / Revenue Sharing
MacV Franchise Infrastructure Requirement
Shop / Unit Area
Employee headcount
Computer / Internet Connectivity
Billing Counter
Product Display Area
Trial Room
Airconditioner
CCTV Set-up
Delivery Service
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Support Provided by MacV Business Partner Program
Inventory Planning
Product Pricing
Offers
Client Acquisition Support
Client Interaction Training
Relationship Manager Support
Interior Design Support
Interior Development Support
Marketing Support
Monetary Support
Business Management Software
Online Tie-up Support - Delivery
Website Support - For Order
Warranty / Guarantee Support
Operation Manual
Training Manual
Franchise of MacV Fashion - Marketing Support
Unit Interior & Exterior Ads
Local Advertisement
Digital Marketing
Television Advertisement
Prints Advertisement
Events/Seminars
Training provided by MacV Fashion Franchise
Product Information Training
Product Display Training
Training Helpdesk
MacV Franchise - Products Offered
Men Formal Wear
Men Casual Wear
Men Ethnic Wear
Women Formal Wear
Women Casual Wear
Women Ethnic Wear
Workout & Sports Wear
Seasonal Wear
Innerwear & Lingerie
Men Footwear
Women Footwear
Men Watches
Women Watches
Smart Watches
Mens Accessories
Gold Jewellery
Silver Jewellery
Diamond Jewellery
Platinum Jewellery
Fragrance / Perfumes
Handbags
Women Accessories
Spectacles
Sunglasses
Lenses
Check out Business Opportunities with Similar Brands
Franchise for MacV Fashion - Revenue per Customer
Product Price
GST Rate
Franchisee Qualification required by MacV Fashion
Age Limit
Business Experience
Academic Qualification
Documents Required to Start MacV Franchise
Franchise Agreement
Proprietor Aadhaar Copy
Proprietor Photo
Proprietor / Business PAN Copy
Business TAN Copy
GST Registration Certificate
Proprietor / Business Address Proof
Unit / Shop Address Proof
NOC of Unit / Shop
FAQs on MacV Franchise
Check out all FAQs on the brand here
What is the Franchise Fee?
The franchise fee of MacV lies between 50 thousand rupees to 1 lakh rupees. This varies depending on different factors like the size of the outlet etc.
What is the ROI Timeline of the MacV Franchise?
The ROI timeline of a brand could be anywhere between 12 months to 18 months of opening the outlet. During this period, most franchises recover their initial investment and become profitable.
Who is the Owner of MacV?
Mr. Paresh Khivesara, who started MacV in Mumbai, is the present founder and owner of MacV.
Does MacV charge any Royalty?
Yes, MacV does charge a royalty from the franchises. The model is designed so that MacV gets a 40% share of the revenue. At the same time, the franchise gets a majority 60% share of the revenue.
Does the brand have Master Franchise?
Yes, MacV does offer Master Franchise. MacV’s master franchise model sets it apart from other firms. This is because the fee required for opening a master franchise is 50 thousand to 1 lakh rupees.