NeoStencil

Area Requirement -N/A-
Investment Size INR 10 Lac - 20 Lac
Franchise Outlets Less than 10

Business Detail

NeoStencil, Inc is a USA based Education Technology company with India headquarter in Gurgaon and regional offices in Delhi, Hyderabad, and Jaipur. NeoStencil is also a Bennett Coleman (Times Group) backed company, founded by alumni from IIT and IIM, AIIMS, and is managed by top engineering graduates of the country.

NeoStencil, Inc, a Live-Learning platform, came into existence with a vision of enabling and bringing Indias Top Coaching Institutes, LIVE, and online

Investment Detail

Commenced Operations

Operations Commenced On 2014

Franchising / Distribution Commenced On 2020

Franchise Details

UNITS

Location Store wise

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 500000

Royalty/Commission 18 %

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

Anticipated percentage return on investment 475%

Payback Period 0-0 Months

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location HO (Delhi)

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? 5 Years

Is term renewable? Yes