Starting a preschool can be a rewarding business opportunity, especially when it is under a trusted educational brand like "The Abacus." With India's rapidly evolving education system, there is a growing demand for quality early childhood education, which presents a golden opportunity for those looking to invest in this sector.
Cost and Investment
The initial cost to start a preschool under "The Abacus" brand ranges from Rs. 50,000 to Rs. 2,00,000, depending on various factors such as location, size, and the scope of facilities. The franchise or brand fee is Rs. 2,50,000, which grants you access to the established brand and its educational model. The fact that there is no royalty or commission fee (0%) is a major advantage, as it allows you to retain all of the revenue generated by the preschool, improving profitability.
Return on Investment
One of the most appealing aspects of this franchise opportunity is the high return on investment (ROI). With a potential ROI of 100%, investors can expect to double their capital within a relatively short period. This makes the preschool business a lucrative investment, particularly with the growing need for quality education at the foundational level.
Payback Period
The payback period, which is the time it takes for the initial investment to be recouped, is typically 2-3 years for a unit franchise. This means that after 2 to 3 years of operation, the franchisee can expect to recover their initial capital and start earning a profit. This period is relatively short compared to other business ventures, making the preschool model an attractive option for aspiring entrepreneurs.
Floor Area Requirements
The required floor area for setting up a preschool under "Abacus Preschool" brand ranges from 500 to 1,000 square feet. This space is suitable for creating a child-friendly environment with classrooms, play areas, and facilities that cater to young learners. The space requirements are relatively moderate, making it a feasible option for both urban and semi-urban locations, where real estate costs might vary.
Advantages of Starting a Preschool
India's education system is undergoing a transformation, with increasing emphasis on early childhood education. With the brand name "The Abacus," franchisees can benefit from a trusted educational framework, which helps to attract parents seeking a reliable preschool for their children. Furthermore, starting a preschool taps into a sustainable market, as early childhood education is a crucial stepping stone for children and is sought after by parents.
In conclusion, starting a preschool under "The Abacus" brand is a highly profitable and low-risk business opportunity. With a manageable initial investment, a short payback period, and the backing of a trusted educational brand, this opportunity offers promising returns for aspiring entrepreneurs.
Operations Commenced On 2000
Franchise Commenced On 2014
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 250000
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 100 %
Likely pay back period of capital for a Unit Franchise 2-3 Years
Other investment requirements No
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 1000 Sq.ft
Preferred location of unit franchise outlet None
Detailed operating manuals for franchisees Yes
Franchisee training location Virtually
Expert guidance from Head Office to franchisee in opening the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? Lifetime
Is the term renewable? Yes
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