MIITJEE was established on 3rd March 2001 with a mission & sole objective to impart a qualitative and result oriented 'professionally organised coaching' for JEE-MAIN + ADVANCED (IIT-JEE), NEET & AIIMS (Medical Entrance Examinations).
Since then, the Institute has carved a niche of unbelievable success. Today MIITJEE is known not only for its quality of teaching & study material but also for its corporatised systems and structure. Owing to its phenomenal success rate, the Institute is ranked as one of the best in the Eastern India.
Operations Commenced On 2001
Franchise Commenced On 2015
Investment INR 5lac - 10lac
Franchise/Brand Fee INR 1000000
Royalty/Commission 10 %
Uttar Pradesh
- NA -
West Bengal
- NA -
Bihar, Jharkhand
- NA -
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 100 %
Likely pay back period of capital for a Unit Franchise 1-3 Years
Other investment requirements 500000
Type of property required for this franchise opportunity Commercial
Floor area requirement 2500 - 10000 Sq.ft
Preferred location of unit franchise outlet CITY CENTRE CROWDED MARKETS WITH GOOD DENSITY
Detailed operating manuals for franchisees Yes
Franchisee training location JAMSHEDPUR
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? 10 Years
Is the term renewable? Yes
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