NeoStencil

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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

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