Smart Kid Nursery offers a complete business format franchise in the Play Group / Nursery services. The unique franchise concept provides individuals with complete a successful Play group / Nursery.
TERMS OF FRANCHISE
The initial agreement is for a tenure of FIVE (5) years
Option to renew for another term of FIVE (5) years, under mutual agreement.
The franchisee fee will be Rs. 250,000 for the term of initial agreement of FIVE (5) years as per the model of Play Group/ Nursery.
Royalty will be charged @ 20% and is based on the gross fee collection.
SITE SPECIFICATIONS
A minimum of 1200 sq. feet carpet area with outdoor of about similar or more area.
Ground floor/first floor premises; preference will be given to independent houses.
Good frontage.
Reasonable rental rates.
Lease arrangement for the tenure of 5 yrs of agreement.
FINANCIAL BUDGET
To start a SMART KID NURSERY franchise, an estimated sum of INR 10,00,000/- will be required.
This sum will cover expenses:
Ambience as per standardized design
Furniture and fittings
The franchisee fee will be Rs. 250,000 for the term of initial agreement of FIVE (5) years as per the model of Play Group/ Nursery.
Equipments and educational material.
However, this sum does not include pre-operating expenses such as rental and staff salary costs.
SCHEDULE OF EVENTS
INITIAL MEETING AND DISCUSSIONS
SUBMISSION OF INFORMATION SHEET
IDENTIFY SUITABLE SITES
OBTAIN APPROVAL FOR SITE
SIGN AGREEMENT AND REMIT FRANCHISEE FEES
RELEASE OF AMBIENCE MANUAL FOR DESIGN OF PRE SCHOOL
RECRUITMENT OF STAFF
