MIITJEE CLASSES PVT LTD

Area Requirement 2500 - 10000 Sq.ft
Investment Size INR 5 Lac - 10 Lac
Franchise Outlets Less than 10

Business Detail

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 corporatised systems and structure. Owing to its phenomenal success rate, the Institute is ranked as one of the best in the Eastern India.

Investment Detail

Commenced Operations

Operations Commenced On 2001

Franchising / Distribution Commenced On 2015

Franchise Details

UNITS

Location Store wise

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 1000000

Royalty/Commission 10 %

Expansion Locations

North

Uttar Pradesh

South

East

Odisha, West Bengal

West

Central

Bihar, Chhattisgarh, Jharkhand

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 100%

Payback Period 1-3 Years

Any Other Requirements 1000000

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 2500 - 10000 Sq.ft

Preferred location of unit franchise outlet CITY CENTRE CROWDED MARKETS WITH GOOD DENSITY

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