Chennai RACE Coaching is an education industry in the competitive exams space specialised in the Banking and Govt. job exam sector. We use technology in the R&D space to improvise coaching, method training and mentoring to the students which has resulted in the creating value at RACE. With branches in 16 Places spread across the country, RACE boast of state of the art infrastructure with Labs & Library in addition to its well trained 700 + Staff members constantly assisting students to prepare for their exams at every stage.
This disruptive model has resulted in RACE coaching about 50,000+ students and capturing 70% of the market share in results for all Govt. Bank related exams in Tamilnadu, which is on the course of being replicated in about 3 other states where RACE has spread its wings.
Presently at its 5th Year of operations, we are looking to expand Pan-India with our contact classroom centres.
Operations Commenced On 2012
Franchising / Distribution Commenced On 2015
Investment INR 50lac - 1 Cr.
Franchise/Brand Fee INR 1000000
Royalty/Commission 15 %
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
- NA -
Gujarat, Rajasthan, Maharashtra, Goa
- NA -
- NA -
Anticipated percentage return on investment 30 %
Likely pay back period of capital for a unit franchise 1-2 Years
Type of property required for this franchise opportunity Commercial
Floor area requirement 5000 - 7000 Sq.ft
Detailed operating manuals for franchisees Yes
Franchisee training location Nodal office
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? 3-No of years Years
Is the term renewable? Yes