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Retail Training Institutes

National Institute of Retail Management

  • Area Req
    1000 - 2500
  • Investment Range
    Rs. 5lac - 10lac
  • Franchise Outlets
    - NA -
Business Details
Start your own Retail Education Franchise with NIRM If you are an entrepreneur looking for business opportunities in the education sector, or an established enterprise/ group looking to enter or expand the area of Apparel, Fashion & Retailing education, then a NIRM franchise will be the perfect platform to achieve your business goals. As demand for industry-ready Retailing professionals in India continues to rise, given India`s pre-eminent position for Retailing. Moreover, as more and more companies within the country, including those in the public sector, look to optimize their business processes using Retailing, the demand for qualified Retailing professionals will be unabated in the foreseeable future. Employers in the Retailing segment are on the look out for Retailing professionals with expertise in diverse domains and various platforms. They lament the lack of adequate quality and skill-sets in students coming straight from mainstream education streams, thus leading to a serious shortfall of the right skills in the industry. This widening gap between demand and supply is the BIG opportunity for those in the Retailing education and certification sector. Would you like to make the most of this opportunity? Why Franchising: Franchising as a business model has witnessed high success rate globally. A new franchise opens every 8 minutes of each business day. Statistics reveal that more than 80% of new startups close down within 5 years, whereas 80% of franchisees are still successful after 5 years. Success stories show that franchisee startups that adhere to the franchise system and standards rarely fail. Franchising has been an extremely successful business model in the education Industry. Franchise Opportunity with NIRM NIRM has been one of the leading providers of Apparel, Fashion & Retailing education in the country. NIRM has trained more than 12,000 students globally and is affiliated to major retailing assoiations like IAF, NRF & HKRITA for providing distance learning education opportunities for students & professionals. We have been successful in the franchising business model with our franchises in the domestic & global market. This is an attempt to motivate & support the upcoming entrepreneurs to venture into the Retail Training business model. • Leverage a well established brand that is recognized domestically and globally. • Start with comparatively low initial establishment costs. • NIRM Franchise Business model has stood the test of time. • Franchisees are provided complete guidance and training to run their centers. • Franchisees play an important role in deciding the promotion of NIRM centers in their area of operation. • Detailed Operations manuals and processes • Center Management & Sales training • Latest and updated Curriculum • Courseware and Promotional material • Sales and Marketing, Technical and Systems support • Profitable, sustainable and scalable business Excited? Get in touch with us know with your complete details.

Investment Details

Commenced Operations

Operations Commenced On2005

Franchising / Distribution Commenced On2007

Franchise Details
Units

Area1000 - 2500

Investment Rs. 5lac - 10lac

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Expansion Locations
North

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

South

Andhra Pradesh, Kerala, Tamil Nadu

East

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

West

Goa, 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%

Likely pay back period of capital for a unit franchise Apx 3 months

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity Commercial Space

Floor area requirement 1000 - 2500

Preferred location of unit franchise outlet N/A

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training 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? 3 Year

Is the term renewable? Yes

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