BUSINESS DETAILS
NeoStencil, Inc is a USA based Education Technology company with India headquarter in Gurgaon and regional offices in Delhi, Hyderabad, and Jaipur. NeoStencil is also a Bennett Coleman (Times Group) backed company, founded by alumni from IIT and IIM, AIIMS, and is managed by top engineering graduates of the country.
NeoStencil, Inc, a Live-Learning platform, came into existence with a vision of enabling and bringing India’s Top Coaching Institutes, LIVE, and online
INVESTMENT DETAILS
Commenced Operations
Operations Commenced On: 2014
Franchise Commenced On: 2020
Franchise Details
UNITS
Investment: INR 10lac – 20lac
Franchise/Brand Fee: INR 500000
Royalty/Commission: 18 %
Expansion Locations
NORTH
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
SOUTH
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
EAST
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
WEST
Gujarat, Rajasthan, Maharashtra, Goa
CENTRAL
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and DiuFranchise Details
Anticipated percentage return on investment: 475 %
Likely pay back period of capital for a Unit Franchise: 0-0 Months
TRAINING DETAILS
Detailed operating manuals for franchisees: Yes
Franchisee training location: HO (Delhi)
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
AGREEMENT & TERM DETAILS
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes