How to become a VLCC Franchise

Starting your own business and becoming an entrepreneur is not without risks. But there are some safe ventures such as the VLCC franchise that lets you establish your own business, with minimal risk. Discover how you can become a VLCC franchisee.

The VLCC Group is a leading name in the Indian beauty and wellness industry. The company has also made a stronghold in the beauty business and wellness industry across different countries, across the world. The group has over 300 outlets in over 130 cities and continues to spread its wings.

Apart from operating a successful chain of beauty and wellness centres, around the globe, the company offers over 165 beauty and wellness products – with the range including products for the skin, body, hair and fortified foods and functional foods. VLCC products are sold in over 70000 stores in India.

The health & wellness industry is witnessing a boom, with people becoming more fitness and health conscious. With the market booming it is the right time to invest in a venture that is backed by one of the biggest names in the industry.

Benefits of becoming a VLCC franchisee

Why choose to become a VLCC franchise over something else? What are the advantages of becoming a franchisee of VLCC compared to opening a beauty salon? Well, there are many benefits of being associated with VLCC. It is a well established and recognised brand in the industry, having been around for 27 years. Becoming a VLCC franchise gives automatic access to the entire range of products and services that an entrepreneur can use to further their enterprise. Remember, a trusted brand brings with it loyal clients, who will go nowhere else. A trusted brand also attracts new patrons. And with VLCC you can never go wrong.

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Types of franchisee offers from VLCC

Entrepreneurs can choose from three types of franchises -

VLCC Salon franchise

To apply for a VLCC Salon franchise an entrepreneur must meet the following basic criteria –

  • 800-1000 sqft premises to set up the salon
  • A franchise charge of Rs. 8 lakhs
  • Rs. 5 lakhs to Rs. 6 lakhs for cost of equipment
  • Rs. 14 lakhs to Rs. 15 lakhs to cover the cost of fixtures and interiors
  • Rs. 1 lakh to meet miscellaneous expenses
  • Rs. 2 lakhs for IT

The total investment needed works out between Rs. 30 lakhs and Rs. 32 lakhs. In addition to this 15% of the monthly turnover is to be paid to VLCC as royalty payment.

VLCC Slimming, Beauty & Wellness Centre franchise

The following prerequisites need to be complied with by those applying for a VLCC slimming, beauty & wellness franchise –

  • Carpet Area measuring 1800 sqft to 2200 sqft
  • A franchise fee of Rs. 15 lakhs
  • Rs. 18 lakhs to Rs. 20 lakhs for equipment
  • Rs. 29 lakhs to Rs. 32 lakhs for interiors and fixtures
  • Rs. 1 lakh for miscellaneous incidentals
  • Rs. 2 lakh for IT

The total investment required is between Rs. 65 lakhs to Rs. 70 lakhs. The royalty payment is fixed at 15% of the monthly business.

VLCC Slimming franchise

You can get a VLCC slimming franchise by meeting the following conditions –

  • 1100 sqft to 1250 sqft carpet area for running the slimming centre
  • Rs. 8 lakhs as franchise fee
  • Rs. 10 lakhs to Rs. 11 lakhs for equipment
  • Rs. 16 lakhs to Rs. 18 lakhs for fixtures and interiors
  • Rs. 1 lakh for miscellaneous charges
  • Rs. 2 lakhs for IT expense

The total cost of taking the VLCC slimming franchise works out between Rs. 37 lakhs and Rs. 40 lakhs. The royalty fees is the same as the other franchise offers by VLCC – 15% of the monthly revenue.

Set the ball rolling

9 steps for becoming a VLCC franchise –

  • Submit the franchise application
  • Application is reviewed by VLCC
  • VLCC evaluates the financial capability of proposed franchisee
  • VLCC interviews probable franchisee
  • Approval for franchise is granted
  • Franchisee agreement is signed
  • Interior work begins on location
  • Staff is recruited and trained
  • VLCC franchise is launched

Finally, a few tips on setting up the business

It is best to register the business as a Private Limited Company, and becoming a legal entity, before signing on the dotted line. This will allow you have the Franchise Agreement documents in the name of a legal entity. The purpose of registering your business as a Private Limited Company is that the business can be transferred to another owner, without any legal hassles. In addition, you as the entrepreneur will be secure under the Limited Liability Protection (LLP).

Under LLP law in the case of a dispute, the entrepreneur cannot be taken to court. The case in such case is filed against the business and not the owner of the business.

When your VLCC franchise takes off and you begin to make good profit you will need to register your business with the Department of Revenue for the purpose of paying Service Tax and with the Commercial Taxes Department in your state for paying Value Added Tax (VAT). Both taxes are applicable for a VLCC franchise business, as the business would entail selling of products and providing service.

Final word

With a VLCC franchise, you have the freedom to be your own boss. You run a business based on standards set by an international brand of repute. The risks involved in this business are minimal, as the beauty, health and wellness industry is an ever growing one. With a big brand like VLCC behind your enterprise, you are sure to taste success.

What are you waiting for? Go ahead and submit the application for franchise.

Article by Juana
Juana is a freelance writer, with years of experience, creating content for varied online portals. She holds a degree in English Literature and has worked as a teacher and as a soft skill trainer. An avid reader, she writes on a variety of topics ranging from health, travel, education and personality development.

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