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Lyrics Academy of Music

  • Area Req
    1500 - 2000 Sq.ft
  • Investment Range
    INR 2lac - 5lac
  • Franchise Outlets
    20-50
Business Details

About Us: 

Lyrics Academy of Music is one of the best music classes in Northern India and has been in the industry for over 6 Years and have 30 branches spread across Northern India. Here, students of all age groups can enroll for our music classes. With the help of our experienced faculty, our students have honed their skills and become talented musicians. Music is not only a profession but a hobby which is a food for the mind. By learning music our hand-eye coordination increases leading to a healthy life. Our Institute is affiliated to Associated Board of the Royal Schools of Music (ABRSM), Trinity College of London and Prayag Sangeet Samiti. Music Teaching is an Untapped industry for years and we are now on a path to disrupt it. We have a full proof Business and Education Model that Benifits everyone and assures the best ROI on least Investment.

Investment Details

Commenced Operations

Operations Commenced On 2012

Franchising / Distribution Commenced On 2013

Franchise Details
Units

Investment INR 2lac - 5lac

Franchise/Brand Fee INR 500000

Master / Multi Units

City Wise

Investment INR 5lac - 10lac

Unit/Brand Fee INR 500000

Master/Brand Fee INR 650000

Expansion Locations
North

Delhi, Uttar Pradesh

South

- NA -

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 50 %

Likely pay back period of capital for a unit franchise 0-2 Years

Property Details

Type of property required for this franchise opportunity Domestic

Floor area requirement 1500 - 2000 Sq.ft

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Lucknow or On Location

Is field assistance available for franchisee ? Yes

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

Agreement & Term Details

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

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