Business Categories
  • Area Req
    -N/A-
  • Investment Range
    INR 2 Lac - 5 Lac
  • No. Of Franchise Outlets
    Less than 10
Business Details

       SpeedLabs is a Artificial Intelligence based practice platform design for students , founded by Mr Vivek Varshney, an IIT / IIM Alumni,. SpeedLabs believes in improving conceptual thinking through modern teaching techniques and technically advanced practice sessions. SpeedLabs drives home results through practice under personal guidance. SpeedLabs has a vision that Personalized Education is the bridge between dreams and Capabilities- "SpeedLabs thrives for a conceptual thinking driven world" .

Investment Details

Commenced Operations

Operations Commenced On 2015

Franchise Commenced On 2020

Franchise Details
Units

Investment INR 2lac - 5lac

Franchise/Brand Fee INR 000

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Performance guarantee to Unit Franchise Yes

Anticipated percentage return on investment 40 %

Likely pay back period of capital for a Unit Franchise 2-3 Months

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location online at franchise location

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? 1 Year

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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