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Business professionals that are farther into their careers are also great prospects for becoming a franchisee. With years of business experience under their belts, it could be a natural transition from business professional to business owner. This demographic of professionals often have enough money for a franchise investment and also the knowledge that gives them an advantage in the market of their choice. For example, a business professional that has worked in the smartphone or tablet industry for six years is the perfect fit for a Magnus franchisee as they have the experience, knowledge and passion for the electronic device industry. They know the right kind of people to hire and how to excel at customer service.
Seasoned veterans of the business world can also find a place in franchising. As the hustle and bustle of corporate life gets taxing and frustrating, investing in a franchise allows older professionals a chance to continue working but on their own terms. Franchises provide a structured way of business that is less of a monetary risk than opening an independent business from scratch. Instead of retiring, many business veterans enter into the world of franchising for a new career path. They know what works, what doesn’t and how to navigate all types of business challenges. Since franchises can be opened around the world, they can easily relocate and start a new business venture of their choice.
No matter which group you fall in, or if you don’t fall into one at all – you could be the perfect fit for franchise ownership. Magnus is actively seeking motivated individuals of all ages and backgrounds to join their team.
Operations Commenced On 2008
Franchise Commenced On 2020
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 100000
Royalty/Commission 25 %
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 75 %
Likely pay back period of capital for a Unit Franchise 6-10 Months
Other investment requirements building deposit
- NA -
Kerala, Karnataka, Tamil Nadu
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- NA -
- NA -
- NA -
Type of property required for this franchise opportunity Commercial
Floor area requirement 180 - 350 Sq.ft
Detailed operating manuals for franchisees Yes
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? 5 Years
Is the term renewable? Yes
Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.
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