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Computer and ICT Services

Neonex Technology

  • Area Req
    320 - 700 Sq.ft
  • Investment Range
    INR 5 Lac - 10 Lac
  • Franchise Outlets
    Less than 10
Business Details

About:

  • The company is registered under a name "Mastiska Technology Private Limited" with a Ministry of Corporate Affairs of Government of India. Corporate Identification Number is (CIN) U72900PB2014PTC038915.Bootstraped early stage startup with having edutech, foodtech, fintech, Communications tech brands like SCODEL, T2OC, At The Tech, Academer, EatoCracy, PortoCafe, S2FY, JauntBee, MRAW, BookForest. Its status is officially registered as SME of Group D under the Ministry of MSME of the Government of India.

Investment Details

Commenced Operations

Operations Commenced On 2015

Franchising / Distribution Commenced On 2016

Franchise Details
Units

Investment INR 5lac - 10lac

Franchise/Brand Fee INR 50,000 - 2 lac

Royalty/Commission 88% %

Expansion Locations
North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

East

West Bengal, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Jharkhand

Union Territories

Chandigarh

Franchise Details

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 85 %

Likely pay back period of capital for a unit franchise -

Other investment requirements no

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 320 - 700 Sq.ft

Preferred location of unit franchise outlet Where exact demographic and culture of IT is enabled

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location At Chandigarh and Webinar (Web/Video Conference)

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? 3 Years

Is the term renewable? Yes

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