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Competitive Exam Coaching Institute

Institute of Vedic Mathematics

  • Area Req
    300-450 sq.ft.
  • Investment Range
    Rs. 2lac - 5lac
  • Franchise Outlets
    30+
Business Details

Institute of Vedic Mathematics, Thane (Mumbai) based institute started in October 2008, we are committed to give life long skill’s of mathematics to the students those who are good enough in maths or those who have mindset is that “maths is difficult”. Vedic Maths for Competitive Exams : There is not a single competitive exam found without mathematics in this world, and time management is the crucial part for every students in these exams.(General observation is that students have only 36 second to solve the maths word problem). IVM has continuously working on integration of vedic maths with competitive exams mathematics. Potential : Now IBPS (Institute of Banking Personnel Services) conducting Common Written Examination for the post of Probationary Officers (PO) and Clerk for 19 public sectors bank. These exams are conducted on National level, there are 14.5 Lacs students were appear for first PO exam, which was held on 18 Sept 2011 and 50 Lacs students were appear for Clerk exam, which was held on 27 November & 4 December 2011. IBPS will conduct these CWE for PO and Clerk post up to 2016 and expected schedule is 2 – PO-CWE and 3 or 4 CWE for clerk every year. If you look into the past, all (14 - previous figure) banks were private banks, on 19 November 1969 all above banks become national banks, between 1969-1975 all above banks conducted junk recruitment for their expansion. This is the only one huge segment (Banking) for business, IVM course also available for other competitive exams like State Public Service Commission, UPSC, Staff Selection Commission, Railway Recruitment Board, RBI etc. Institute of Vedic Mathematics invites enquirers from aspiring Business entrepreneur, VRS People, Lady Entrepreneurs, Educated Housewives, who are willing to work in this competitive examination maths and Vedic Maths. Educational background of faculty must be in science / engg or minimum 4/5 years experience of mathematics teaching or can be arrange such type of faculty.

Investment Details

Commenced Operations

Operations Commenced On2008

Franchising / Distribution Commenced On2009

Franchise Details
Units

Area300-450 sq.ft.

Investment Rs. 2lac - 5lac

Franchise/Brand Fee 100000

Royalty/Commission25%

Master / Multi Units

Region Wise

Investment - NA -

Unit Fee - NA -

Master Fee - NA -

Commission - NA -

State Wise

Investment Rs. 10lac - 20lac

Unit/Brand Fee 5 Lac

Master/Brand Fee 10%

Royalty/Commission 20%

City Wise

Investment Rs. 2lac - 5lac

Unit/Brand Fee 1 Lac

Master/Brand Fee Nil

Royalty/Commission 25

Expansion Locations
North

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

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu

East

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

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

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

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 40-60 times

Likely pay back period of capital for a unit franchise 6-12 moths

Other investment requirements No

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 300-450 sq.ft.

Preferred location of unit franchise outlet Easy to access the students

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location At Thane & Franchisee 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 No

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 4 Year

Is the term renewable? Yes

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