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  • Retail
Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
  • Rs. 50lac - 1 Cr.
  • Rs. 1 Cr. - 2 Cr
  • Rs. 2 Cr. - 5 Cr
  • Rs. 5 Cr. Above
Location
  • Andhra Pradesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Daman & Diu
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
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  • Jharkhand
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  • Lakshadweep
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • New Delhi
  • Orissa
  • Pondicherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Tripura
  • Uttaranchal
  • Uttar Pradesh
  • West Bengal
  • Telangana
Nirek Academy

Nirek Academy

Category: Activity Centres Day Care Creches
No. of Franchise Outlets: 2
Area Req:   -NA-
Investment: Rs. 2lac - Rs.5lac
Business Details
We are into Vedic Maths & Abacus Classes. Also into publications of Sulekhan Books in Marathi & English.
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Nirek Academy Investment Details

Commenced Dates
Date Commenced Operations
2006
Date Commenced Frachising / Distribution
2010
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 2lac - 5lac
Master / Multi Units
Area
Investment
Unit/Brand Fee
Master/Brand Fee
Royalty/Commission
Region Wise
Rs. 2lac - 5lac
State Wise
Rs. 5lac - 10lac
City Wise
Rs. 50 K - 2lac
Trade Partners Detail (Dealers, Distributors, MBOs, Retailers)
Types of Channels
Investment
Margin
Area Requirement
Dealer
20% - 40%
Maharashtr
Agent
Rs. 10 K - 50 K
20% - 40%
Maharashtr
Expansion Locations
North
 
South
 
East
 
West
Gujarat, Rajasthan, Maharashtra, Goa 
Center
 
Union Territories
 
Franchise Details (Optional)
Want to expand
Nationwide
Exclusive territorial rights to a unit
Yes
Performance guarantee to unit franchisee
Yes
Anticipated percentage return on investment
40%
Likely pay back period of capital for a unit franchise
6 months
Other investment requirements

Nirek Academy Property Details

Type of property required for this franchise opportunity
Floor area requirement
.
Preferred location of unit franchised outlet

Nirek Academy Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
Thane
Is field assistance available for franchisee?
Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise?
Yes
What IT systems do you presently have that will be included in the franchise?
No

Nirek Academy Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
3 years
Is the term renewable?
Yes
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