Franchise Opportunities

Everonn Education Ltd

Category: Education Training
Area Req: 2000 to 3000 sq ft
No. of Franchise Outlets : 30
Investment: Rs. 30lac - Rs. 50lac

 

Business Details

Everonn education is one of the leading education companies in India.

Everonn now intends to identify a committed set of entrepreneurs across Indiawho are willing to transform the Indian Education space in their chosen geographies while creating a new generation of Education thought leaders in India.

Everonn offers a unique opportunity to provide products and services across the value chain of Everonn’s offerings namely Pre-School, Vocational Education, Training, Institutional tie-ups (schools and colleges), University & Management Education, Admission Counseling, Coaching, Certification and Testing.

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Everonn Education Ltd Investment Details

Date Commenced Operations : 1987
Date Commenced Frachising / Distribution : 2010
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 30lac - Rs. 50lac
What areas are available for Unit franchise? : International
Nationwide

Where are you looking for expansion?
North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh
West Gujarat, Rajasthan, Maharashtra, Goa
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
South Kerala, Karnataka, Orissa, Tamil Nadu, Andhra Pardesh
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Is there exclusive territorial rightsgiven to a unit franchise? : No
Are any performance guarantees given to unit franchisees? : No
What is the anticipated percentage return on investment? : On a capacity utilization of 60%, the ROI could be about 30% from the 3rd year.
What is the likely pay back period of capital for a unit franchise? : On a capacity utilization of 60%, the payback period could be between 48 to 60 months
Are there other investment requirements? : The total initial investment for the project would be between 20 to 55 lakhs depending upon the city

Everonn Education Ltd Property Details

What type of property is required for this franchise opportunity? : commercial area
Floor area requirement : 2000 to 3000 sq ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : In a commercial area, which would also be a hub where students hang out

Everonn Education Ltd Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : From Everonn's corporate office at Chennai
Is field assistance available for franchisees? : Yes
Will someone from Head Office assist me when I open my franchise? : Yes
What IT systems do you presently have that will be included in the franchise? : Yes

Everonn Education Ltd Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 3
Is the term renewable? : Yes

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