- February 25, 2024
- 33 Views
Business Overview
– Branded franchise school located in a prime location in hyderabad.
– We have currently enrolled 72 kids. We can accommodate 200 kids on the premises.
– We charge annually INR 60k per kid average.
– Our sales have doubled since last year due to the high potential area. We also carried out multiple advertising strategies.
– In total, we have 10 employees of which 8 of the employees are permanent and a couple are part-time.
– We paid a brand franchise fee of INR 5 lacs and INR 8 lacs for material and also paid INR 1.5 lacs for curriculum upgradation. For every upgrade, we get some new materials and assets,
– The brand is not taking any royalty upfront but they are charging on the name of the school kit and for each admission, the average school kit price is approx INR 15k.
– Our franchise license is valid till 2028.
Products & Services Overview
Playgroup, preschool, UKG and LKG, extra activities day care services, tuitions classes and consulting services business.
Assets Overview
– Selling the school franchise which is on the partnership agreement and registered trust transfer.
– We are not selling the private limited-
– Assets included chairs, boards, bookshelves, wardrobes, metal racks, office chairs, executive chairs, printers, CCTV, fans, lights, inverters with batteries, housekeeping materials, EVA mats, floorings, banners, printer, blinds, grass, decoration plants and library rack.
Facilities Overview
The premise is rented at INR 75k per month and blocked (leased for 8yrs). The facility is located in Bangalore South, Electronic City Phase 1.
Capitalization Overview
Funding was done by the owners themselves. The company has two partners with a 70%-30% ratio.
– The playschool is running under the trust having a group of trustees.