Educraft Franchise Opportunity

Business Detail

The success story of IIFT NEXT, established in 1990 by country’s leading fashion technologist, Mr. Ratnadeep Lal, who himself has a vast experience in the field of fashion in India Along with Europe America is spread through its established branches across India. Over 30 branches established by IIFT NEXT for imparting vision and a plan for achieving Goals for its pupil, providing consultancy service to Industry for over 24 years. Now in IIFT we not only train Indian students but also students from Nepal, Bhutan, Bangladesh, Mauritius and other Africa countries.

Investment Detail

Commenced Operations

Operations Commenced On 1990

Franchising / Distribution Commenced On 1990

Franchise Details

UNITS

Location Store wise

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 1000000

Royalty/Commission 15 %

Master / Multi Unit

शहर अनुसार

Investment INR 30lakh - 50lakh

Unit / Brand fee INR 1000000

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 75%

Payback Period 2 -

Any Other Requirements no

Property Details

Type of property required for this franchise opportunity Rented

Preferred location of unit franchise outlet Near by market to residents

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Either Location

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 4 Years

Is term renewable? Yes