Category
  • Advertisement & Media
  • Automotive
  • Beauty & Health
  • Business Services
  • Dealers & Distributors
  • Education
  • Entertainment
  • Fashion
  • Food And Beverage
  • Home Based Business
  • Hotels And Resorts
  • Manufacturing
  • 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
  • Jammu & Kashmir
  • Jharkhand
  • Karnataka
  • Kerala
  • Lakshadweep
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • New Delhi
  • Orissa
  • Pondicherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Tripura
  • Uttaranchal
  • Uttar Pradesh
  • West Bengal
  • Telangana
Space Technology

Space Technology

Category: Education Supplies
No. of Franchise Outlets: Less than 10
Area Req: 1500 sq ft.
Investment: Rs. 30lac - Rs. 50lac
Business Details

About Space

SPACE is a story of passion combining with business, to form one of its kind organization in India. Sachin Bahmba founder and CMD is an amateur astronomer, an educationist and an entrepreneur. Worldwide the organisation has a unique business model that is bringing innovation to the field of astronomy and space sciences. SPACE was established with a mission to provide innovative, applied astronomy and space science services and products that are simple to understand, spark imagination of all. It has a vision to be a global enterprise by the year 2020. It is the only organisation in India offering these services. And enjoys patronage of a large client base. Working with more than 250 schools and training more than 20,000 students annually. The Group has diverse business interests in education, tourism, planetariums and retail.

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Space Technology Investment Details

Commenced Dates
Date Commenced Operations
2002
Date Commenced Frachising / Distribution
2013
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 30lac - 50lac
20 lacs
5%
Expansion Locations
North
North, New Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttaranchal, Uttar Pradesh 
South
South, Kerala, Karnataka, Tamil Nadu, Andhra Pradesh 
East
East, Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa 
West
West, Gujarat, Rajasthan, Maharashtra, Goa 
Center
Central, Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand 
Union Territories
 
Franchise Details (Optional)
Want to expand
International, Nationwide
Exclusive territorial rights to a unit
Yes
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
60
Likely pay back period of capital for a unit franchise
2 Years
Other investment requirements
no

Space Technology Property Details

Type of property required for this franchise opportunity
Floor area requirement
1500 sq ft. . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet
Well connected area either Commercial or residential

Space Technology Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
Head Office in New Delhi
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?
Yes

Space Technology Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
7 years
Is the term renewable?
Yes
Nov, 29 2016

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