Franchise Based Preschool and Day Care for Sale in Bangalore
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An International preschool and daycare, started its Indian operations in Delhi in 2012. Over last 4 years, Bangalore has become its key market with 30 pre-schools. This center is located in Indiranagar, which is one of the most prominent area in Bangalore. They have 40+ kids in present in preschool + daycare. This corner-house facility (commercial property) is located in a semi-commercial area with 4 teachers, 4 sub-staff, and 1 admin. The premises is on rent for INR 80000 in 40*60 carpet area (INR 5 Lakhs for rent deposit is given). The day care and preschool have a ground floor, 1st floor and 2nd floor along with an entrance play area. The franchise fee is for INR 5.0 Lakhs for 7 years, but renewal fees is only INR 1.5 Lakhs for 7 years (renewal is due after 2 years). The royalty is 10% (lowest in pre-school industry). The fee for per student in an upper class is INR 60000 for the whole period and for pre-nursery it is for INR 48000 for the whole period. The turnover for the year 2016-17 was INR 20 Lakhs with a net profit of INR 5 Lakhs. The asking price of the business is INR 15 Lakhs (INR 5 Lakhs Refundable).
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₹10 to ₹200 Cr
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