Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
Business Categories
  • Area Req
    1500 sq ft.
  • Investment Range
    INR 30 Lac - 50 Lac
  • Franchise Outlets
    Less than 10
Business Details

About Space

SPACE is a story of passion combining with business, to form one of its kind organization in India. Sachin Bahmba founder and CMD is an amateur astronomer, an educationist and an entrepreneur. Worldwide the organisation has a unique business model that is bringing innovation to the field of astronomy and space sciences. SPACE was established with a mission to provide innovative, applied astronomy and space science services and products that are simple to understand, spark imagination of all. It has a vision to be a global enterprise by the year 2020. It is the only organisation in India offering these services. And enjoys patronage of a large client base. Working with more than 250 schools and training more than 20,000 students annually. The Group has diverse business interests in education, tourism, planetariums and retail.

Investment Details

Commenced Operations

Operations Commenced On 2002

Franchise Commenced On 2013

Franchise Details
Units

Investment INR 30lac - 50lac

Franchise/Brand Fee INR 20 lacs

Royalty/Commission 5% %

Expansion Locations
North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

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

- NA -

Franchise Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 60 %

Likely pay back period of capital for a unit franchisee 2 Yearss

Other investment requirements no

Property Details

Floor area requirement 1500 sq ft.

Preferred location of unit franchise outlet Well connected area either Commercial or residential

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Head Office in New 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? 7 Years

Is the term renewable? Yes

Insta Apply
More Stories
Apply Now

Free Advice - Ask Our Experts