We already have our offline presence (in Noida) from where we cater our local customers (both parents and schools) from last 4 years. Moving with the digital revolution, we are now moving digital and brining this offline experience online.
K12Store4U ( Website and e-Commerce Portal would be live by EOY 2017) is an innovative initiative in Education domain
K12Store4U is an online Store for parents where they can buy , return and exchange products required by their kids like Shoes, Stationary, School Dress etc
It is one of the portals of TMi to initiate and create the online presence. It is proposed to develop an ecosystem for parents. Its has three (3) different verticals;
- Products
- Councelling
- Services
Operations Commenced On 2016
Franchise Commenced On 2016
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 200000
Royalty/Commission 16 %
City Wise
Investment INR 10000 - 50000
Unit/Brand Fee INR 200000
Likely pay back period of capital for a Unit Franchise 6-11 Months
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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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? Lifetime
Is the term renewable? Yes
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