Business Categories
Online Learning/E-learning

Compark Education Pvt. Ltd.

  • Area Req
    200 - 1000 SqFeet
  • Investment Range
    INR 50 K - 2 Lac
  • No. Of Dealer/Distributor
    50
About Us

Testmerit is one of the first & fastest growing online assessment companies in India. It is established by an IIM A-Alumnus to provide quality and affordable online test preparation to students. It is an online learning portal for all major entrance tests and employment tests (national & regional). Our USP: TestMerit is working through the largest B2B network in the field of online learning and test preparation. TestMerit offers the most number of categories of test preparation viz. MBA, Engineering, Medical, Professional, & Employment Tests on the same platform. Our AIM: TestMerit aims to reach five lakh students through its online test preparation solutions. We look to fulfill this mission with the help of 250 business associates who will be appointed by company throughout the India after looking their educational and marketing profile. Testmerit is appointing franchisees in all states of India to spread the online education network & presence of TestMerit. We want provide access of best assessment services to all the students of India by B2B Business Strategy and penetrate the market with fast pace & quality standard services. We are going to appoint following franchise partners in All States, for promotion and development of Online Education Business: • Territory Partner – Unlimited Earning Opportunity in Territory (District level) • State Partner – For overall state to develop franchise network & appoint Territory Partner for Testmerit. If you wish to join the bandwagon of this popular education franchise concept, do contact us soon.

Investment Details

Commenced Operations

Operations Commenced On 2007

Distribution Commenced On 2008

Distribution Details
Units

Investment INR 50000 - 2lac

Franchise/Brand Fee INR NIL

Royalty/Commission 60% %

Trade partners
Types of Channels Investment (If any) Margin / Commissions Area Requirement
Dealer Rs. 5lac - 10lac 30%% NA - Sq.ft
Master / Multi Units

Country Wise

Investment INR 2 Cr. - 5 Cr

Region Wise

Investment INR 50lac - 1 Cr.

State Wise

Investment INR 10lac - 20lac

City Wise

Investment INR 2lac - 5lac

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 60 %

Likely pay back period of capital for a Channel Partner 0.5

Other investment requirements Computing & Marketing Infrastructure

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

Chandigarh, Lakshadweep, Daman and Diu

 

Property Details

Type of property required for this dealership opportunity Commercial

Floor area requirement 200 - 1000 SqFeet

Preferred location of unit dealership outlet Accessible to Students

Training Details

Detailed operating manuals for dealerships Yes

Dealership training location Corporate Office

Is field assistance available for Dealership ? Yes

Expert guidance from Head Office to franchisee in opening the dealership Yes

Current IT systems will be included in the dealership Yes

Agreement & Term Details

Do you have a standard dealership agreement? Yes

How long is the dealership term for? 3 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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