Business Categories
Competitive Exam Coaching Institute

MIITJEE CLASSES PVT LTD

  • Area Req
    2500 - 10000 Sq.ft
  • Investment Range
    INR 5 Lac - 10 Lac
  • No. Of Franchise Outlets
    Less than 10
Business Details

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.

 

Investment Details

Commenced Operations

Operations Commenced On 2001

Franchise Commenced On 2015

Franchise Details
Units

Investment INR 5lac - 10lac

Franchise/Brand Fee INR 1000000

Royalty/Commission 10 %

Expansion Locations
North

Uttar Pradesh

South

- NA -

East

West Bengal

West

- NA -

Central

Bihar, Jharkhand

Union Territories

- NA -

Franchise Details

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

Property Details

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

Training Details

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 10 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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