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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

Specs & Sunglasses

Unit / Shop Area

60-100 Sq. Ft.

Commission% / Revenue Sharing

Approx.60%

Infrastructure Investment

Rs.2 Lakhs - Rs.5 Lakhs

ROI Timeframe

12-18 Month

MacV Franchise Review & Ratings

Revenue Sharing

4.43 / 5

Franchise Fee & Infra Investment

3.98 / 5

Support & Training

4.89 / 5

ROI Timeframe

4.66 / 5

Brand Value

4.77 / 5

Overall Ratings

4.55 / 5

Star Ratings


Overview of MacV Fashion Franchise

Industry

Fashion

Business Line

Specs & Sunglasses

Organization Type

Private

Head Office

Mumbai

Founder

Paresh Khivesara

Founded In (year)

9

No. of Franchise Outlets

15

Master Franchise Model

Available

Franchise Tenure

5 Years

Franchise Location

All over India

Business Set-Up Time

30 days

Franchise Commencement Year

2015

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

Rs.50,000 - Rs.1 Lakh

Infrastructure Investment

Rs.2 Lakhs - Rs.5 Lakhs

MacV Franchise Commission / Revenue Sharing / Royalty

Franchisee

Approx.60%

Franchisor

Approx.40%

MacV Business Partner ROI Details

In Years

12-18 Month

Master Franchise of MacV - Information

Franchise Fee

Rs.50,000 - Rs.1 Lakh

Infrastructure Investment

Rs.2 Lakhs - Rs.5 Lakhs

Commission% / Revenue Sharing

Approx.60%

MacV Franchise Infrastructure Requirement

Shop / Unit Area

60-100 Sq. Ft.

Employee headcount

1 to 2

Computer / Internet Connectivity

Compulsory

Billing Counter

Compulsory

Product Display Area

Compulsory

Trial Room

Compulsory

Airconditioner

Compulsory

CCTV Set-up

Compulsory

Delivery Service

Optional

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Support Provided by MacV Business Partner Program

Inventory Planning

Available

Product Pricing

Available

Offers

Available

Client Acquisition Support

Available

Client Interaction Training

Available

Relationship Manager Support

Available

Interior Design Support

Available

Interior Development Support

Not Available

Marketing Support

Partially Available

Monetary Support

Not Available

Business Management Software

Available

Online Tie-up Support - Delivery

Available

Website Support - For Order

Partially Available

Warranty / Guarantee Support

Available

Operation Manual

Available

Training Manual

Available

Franchise of MacV Fashion - Marketing Support

Unit Interior & Exterior Ads

Available

Local Advertisement

Available

Digital Marketing

Occasionally Available

Television Advertisement

Not Available

Prints Advertisement

Not Available

Events/Seminars

Occasionally Available

Training provided by MacV Fashion Franchise

Product Information Training

Provided

Product Display Training

Provided

Training Helpdesk

Provided

MacV Franchise - Products Offered

Men Formal Wear

NA

Men Casual Wear

NA

Men Ethnic Wear

NA

Women Formal Wear

NA

Women Casual Wear

NA

Women Ethnic Wear

NA

Workout & Sports Wear

NA

Seasonal Wear

NA

Innerwear & Lingerie

NA

Men Footwear

NA

Women Footwear

NA

Men Watches

NA

Women Watches

NA

Smart Watches

NA

Mens Accessories

NA

Gold Jewellery

NA

Silver Jewellery

NA

Diamond Jewellery

NA

Platinum Jewellery

NA

Fragrance / Perfumes

NA

Handbags

NA

Women Accessories

NA

Spectacles

Available

Sunglasses

Available

Lenses

Available

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Franchise for MacV Fashion - Revenue per Customer

Product Price

Rs. 10,00 to Rs. 9,999

GST Rate

18%

Franchisee Qualification required by MacV Fashion

Age Limit

Above 23 Years

Business Experience

Optional

Academic Qualification

No Restriction

Documents Required to Start MacV Franchise

Franchise Agreement

Required

Proprietor Aadhaar Copy

Required

Proprietor Photo

Required

Proprietor / Business PAN Copy

Required

Business TAN Copy

Required

GST Registration Certificate

Required

Proprietor / Business Address Proof

Required

Unit / Shop Address Proof

Required

NOC of Unit / Shop

Required


FAQs on MacV Franchise

Check out all FAQs on MacV Franchise here

What is the Franchise Fee of MacV?

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 MacV franchise 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 MacV 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.

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