ABOUT OJO

OJO Franchise: Create Your Own Successful Franchise

Explore the OJO franchise opportunity.

OJO , as a private Cypriot Company with 15+ years of experience in the design, manufacture and distribution of sunglasses and optics, has the ability and expertise to help its franchisee partners in the best possible way, so that they achieve an exciting career that will meet their expectations. Using an organized strategy and realistic methodology, OJO is by their side, guiding and advising them in order to achieve, gain motivation and more importantly, create a profitable healthy business.

Franchise Benefits

Low Cost

To become a partner of OJO, the investment ranges from €100,000 – €120,000. This cost includes the operating license, the complete construction of the shop, the specialized machines for optometry, as well as the initial stock of sunglasses and optics. The average investment payback period is less than 36 months.

Strong Consumer Demand

According to industry researches, the demand for sunglasses and optical glasses has increased by 436% in the last 10 years. Glasses, apart from their practical use, have become a symbol of style and a source of expression of the character and personality of each person. Combined along with the increased information and awareness in matters of UV protection and the need to see better, the use of sunglasses has reached 2 – 5 pairs per consumer. It is a product that is not seasonal and is in demand throughout the year.

At the same time, OJO, in addition to sunglasses, offers optical frames and optical lenses as well as contact lenses, the demand for which is increasing year by year, as more and more people face vision problems due to our modern lifestyle.

Profitability

OJO’s success is mainly due to its ability to offer a combination of affordable prices, quality and style, thus creating the successful formula of ‘value for money’. The gross profit margins achieved are among the highest in retail, and in the case of well-organized and disciplined franchisees, high net profit rates are achieved.

Pricing

OJO, specializes in the design and production of products, allowing consumers to purchase quality fashionable sunglasses and optics, at prices that are always lower than the biggest brands on the market. OJO will always be seen as the chain of sunglasses and optics that offers “fashion at the best quality and at the best price”, with mission and vision the moto “Everyone has the right to sight”

Easily Manage Your Business

Your business’s inventory and daily revenue are controlled and managed in an easy way. The ordering process is automated. Effective staff training is achieved in a very short period of time and is repeated on a weekly basis through RDAs (Regional Development Agents). The entire POS and accounting management software of OJO stores is in cloud-based form.

The OJO collection includes over 450 different styles of both optical and sunglasses for women, men and children, satisfying with this way every taste and style, under the same brand name ‘OJO’.

OJO OJO Franchise: Create Your Own Successful Franchise

OJO has been awarded as “Top Innovative Store Design”, “Best New Product Launch”, “Best Value for Money Product”, “Customer Oriented Franchise”, “Most Promising Franchise”, “In Business Award” , “It’s not about ideas… Is about making Ideas Happen”.

Its philosophy, for 15+ years, has been to offer excellent quality sunglasses and optics, at affordable prices, along with impeccable service.

OJO Facts

  • REQUIRED SPACE: from 60 sq.m – 100 sq.m.
  • SPACE CONFIGURATION: from €30,000
  • EQUIPMENT/FURNITURE & MACHINERY: from €40,000
  • ORIGINAL GOODS: from €15,000
  • ENTRY FEES: €15,000
  • ROYALTIES & MRK FEES: 5%
  • AMORTIZATION MONTHS (estimate): 36
  • # OF COMPANY STORES: 13
  • # FRANCHISE STORES: 5

Info

  • 6A MICHAEL GIORGALLA, ENGOMI INDUSTRIAL AREA, NICOSIA, CYPRUS
  • FOUNDER: NICOS MESOLONGITIS
  • FRANCHISE MANAGER: MELINA DEMETRIOU
  • PHONE: +357 2244 7433
  • EMAIL: [email protected]