OLIB is the fastest growing Self Study Libraries Chain in India. In India co-working sector is already working but OLIB’s primarily deals with co-studying spaces where aspirants/ students can study peacefully for different examinations of India.
We are bringing affordable and trusted accommodation which helps to provide peaceful study libraries where aspirants can shape their future.
Operations Commenced On 2022
Franchise Commenced On 2023
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 100000
Royalty/Commission 20 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 40 %
Likely pay back period of capital for a Unit Franchise 1-1 Years
Delhi, Haryana, Himachal Pradesh, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
West Bengal, Odisha
Gujarat, Rajasthan, Maharashtra
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Chandigarh
Type of property required for this franchise opportunity Commercial
Floor area requirement 800 - 8000 Sq.ft
Preferred location of unit franchise outlet Urban
Detailed operating manuals for franchisees Yes
Franchisee training location Online
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? 5 Years
Is the term renewable? Yes
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