The cost of a preschool franchise in India can vary depending on a number of factors, such as the franchise brand, the location, and the size of the preschool. The cost typically includes an initial franchise fee, as well as ongoing royalties to the franchisor.
The initial franchise fee can range from a few lakhs to several crores of rupees, depending on the brand and the location. For example, an established brand with a strong reputation and a proven business model may have a higher initial franchise fee than a newer or less well-known brand. The ongoing royalties can also range from a few percentage points of the school’s revenue to a fixed amount on a monthly or annual basis.
In addition to the franchise fee, you will also need to consider other costs such as the cost of equipment and materials, staff salaries, rent or mortgage payments, and marketing expenses.
It’s important to conduct thorough research before investing in a preschool franchise, including evaluating the franchise’s curriculum, the franchisor’s reputation, and the financial potential of the business. It is also advisable to consult with a financial advisor or accountant to help you understand the costs associated with opening and operating a preschool franchise.
