Requirements to open an educational franchise of ADMIRE
·
Nature of Educational Institution: The
foremost step is to make your mind up for the kind of educational institution
you want to own a franchise of. You want to set-up a preschool (Montessori to
Kindergarten) or primary school. We provide the franchise opportunities for
both preschool and primary school.
·
Location: Find a suitable location for
your educational institution. Make sure that the location you choose offers a
calm and peaceful atmosphere and easy transport facility. One more important
thing to take care while choosing the location is to choose a residential
locality.
·
Space required: Different nature of
educational institution have different space requirement. The land can either
be leased (Rented for minimum 5 years and to be renewed further) or can be of
your own. If you are interested in opening a preschool (Montessori to
kindergarten), minimum space required on the ground floor is 1000 -2000 Square
feet. Or if you opt for primary school (up to class V), minimum constructed
space required is 4000-5000 square feet. Besides this, the land requirements
may vary according to the response and rising number of students.
·
Legal Formalities: There are various
legal formalities which have to be completed for setting up an educational
institution. Franchise agreement will be signed prior to setting up the school
so that we can provide with overall planning, guidelines, elaborate training,
recruitment procedures, customized Pre-launch and launch campaigns,
advertisement materials and methods, IT support, Vendors and supplies, etc.
·
Capital Investment: Next, you need to
ascertain the amount of capital to be invested. The amount of investment shall
vary depending upon the type of education segment opted for. For instance, the
amount of investment required for a pre-school (Playhouse to kindergarten)
franchise is Rs.4-5lakhs and a further franchise license fee of Rs. 2-3 lakhs
depending upon the location. For primary school (up to std. V) the amount of
investment is Rs. 10-12 lakhs and a further franchise license fee of Rs. 3-4
lakhs depending upon the location.
·
Franchise License Fee and Royalty: Our
Franchise License Fee and royalty are designed in such a way so as to provide
maximum benefit and profitability to the franchisees.