Hotline : 1800 102 2007

Competitive Exam Coaching Institute

MIITJEE CLASSES

Area Requirement 2000 - 5000 Sq.ft
Investment Size INR 2 Lac - 20 Lac
Franchise Outlets Less than 10

Business Detail

About Us:

MIITJEE was established on 3rd March 2001, with a mission sole objective to impart a qualitative and result oriented 'professionally organised coaching' for JEE-MAIN + ADVANCED (IIT-JEE), NEET AIIMS (Medical Entrance Examinations).

Since then, the Institute has carved a niche of unbelievable success. Today MIITJEE is known not only for its quality of teaching study material but also for its corporatized systems and structure. Owing to its phenomenal success rate, the Institute is ranked as one of the best in the Eastern India. The directors of MIITJEE are Prabhat Ranjan, Krishna Banerjee, Sachin Verma.

Investment Detail

Commenced Operations

Operations Commenced On 2001

Franchising / Distribution Commenced On 2018

Franchise Details

UNITS

Location Store wise

Investment INR 2lakh - 5lakh

Franchise/Brand Fee INR 300000

Royalty/Commission 10 %

Master / Multi Unit

Region Wise

Investment INR 5lakh - 10lakh

Unit / Brand fee INR 300000

Master / Brand fee INR 500000

Royalty/Commission 10 %

राज्य अनुसार

Investment INR 10lakh - 20lakh

Unit / Brand fee INR 300000

Master / Brand fee INR 1000000

Royalty/Commission 10 %

शहर अनुसार

Investment INR 2lakh - 5lakh

Unit / Brand fee INR 300000

Master / Brand fee INR 500000

Royalty/Commission 10 %

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, 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 50%

Payback Period 1-2 Months

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 2000 - 5000 Sq.ft

Preferred location of unit franchise outlet Good locality

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Jamshedpur

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? 10 Years

Is term renewable? Yes