FRANCHISOR OPPORTUNITIES
Education & Training
1ST IIT COACHING OPPRTUNITY
Category: Education & Training
Area: 2000 sqft
No. of Franchise Outlet: 6
Investment:Rs 10 lac - Rs 20 lac
Business Details
Started in 2002 by two IITians, Praveen Tyagi and Gaurav Mittal, Quest is the fastest growing coaching brand in India clocking over 100% growth YOY since 2005. Quest initiated “Power Coaching for IITJEE”, a unique system of IITJEE preparation that maximises student performance by synchronizing studies with Class 11/12. Quest has established its dominance in IITJEE coaching with specially designed programs for the “New IITJEE pattern”. Founders: Praveen Tyagi IIT Roorkee Gaurav Mittal IIT Roorkee
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1ST IIT COACHING OPPRTUNITY Investment Detail
Date Commenced Operations
:2002
Date Commenced Frachising / Distribution
:2010
Are you looking for Franchise ?
Unit
Area
Investment
Storewise
Rs 10 lac - Rs 20 lac
Is there exclusive territorial rights given to a unit franchise?
:No
Are any performance guarantees given to unit franchisees?
:No
What is the anticipated percentage return on investment?
:50 %
What is the likely pay back period of capital for a unit franchise?
:2 Years
Are there other investment requirements?
:
1ST IIT COACHING OPPRTUNITY Property Details
What type of property is required for this franchise opportunity?
:Residential
Floor area requirement
:2000 sqft
Preferred location of Franchisee outlet:?
:
1ST IIT COACHING OPPRTUNITY Training Details
Do you currently have detailed Operating Manuals for franchisees?
:No
Where is the franchisee training done?
:head office
Is field assistance available for franchisees?
:No
Will someone from Head Office assist me when I open my franchise?
:No
What IT systems do you presently have that will be included in the franchise?
:
1ST IIT COACHING OPPRTUNITY Other Details
Do you have a standard Franchise Agreement?
:No
How long is the franchise term for?
:3 Years
Is the term renewable?
:No