How to apply for a Eurokids play school Franchise? Eurokids Franchise Cost, Profit Margin
Why Eurokids Play School Franchise?
Businesses face lots of ups and downs but, not the education sector. The education sector is an ever-growing business. So, starting a business in one of these sectors would surely be a profitable one. Now, the question arises which education business is most suitable for you?
So here we go with one of the best play school franchises in India also known as the Eurokids Franchise. Here we have covered all the details required to start a EuroKids Play school franchise including Eurokids franchise cost, Investment required for EuroKids Play School franchise, How to apply for a Eurokids preschool franchise, etc.
The population is at an all-time high and will increase further in the future. With no doubt, we can say, that the education sector will grow more. Education for the young generation has become so expensive and important today. No matter the cost, parents are always ready to spend any amount on their children.
Benefits of EuroKids Franchise
The education industry is an ever-growing industry so you get a good chance to open up good franchises to earn profit. India has seen a huge change in its education sector from low to best and practical to online mode. In the same way, EuroKids is one of the best preschools running in India.
Ever since its establishment, the company has gained a lot of appreciation. The education quality and method offered by this franchise are unique. So, why not open up a EuroKids franchise and enjoy the benefits offered by them? Some benefits of opening up a EuroKids franchise are the following:-
Good Profit-Ratio
Interestingly, not only for EuroKids but, for any education business franchise the profit is high. In the same way, the EuroKids franchise ensures that the newly-opened franchise runs successfully.
Leading preschool chain in the country
The goodwill developed by EuroKids is amazing in today’s market. They have established businesses in various cities around the country.
High Operation Ratio
This shows how relevant it could be to open up a EuroKids franchise. Currently, EuroKids operates in all major cities around the country. Do not worry you will have a high chance of approval rate if you belong to one of those major cities.
Researched Activities
Every education franchise has its unique selling point. It is the unique selling point that makes them stand alone in the market. Unfortunately, we do not know what USP is being used by EuroKids but, they sure attract a lot of customers.
Now, the important factor in opening up a EuroKids franchise is that all the activities that will be done are already researched. This even includes the extracurricular activities that will be done in the franchise once opened up.
Premium Programs offered by EuroKids
Being a reputed education company, they have developed exclusive curriculum programs. Interestingly, these programs are exclusively taught by EuroKids only. Kids are mostly attracted to such unique programs and these help them develop thinking power.
How to apply for EuroKids Franchise?
All the application processes are done very smoothly by the concerned department at EuroKids. To get a EuroKids franchise you must visit the official website and fill up the form available there. Within 24 hours the concerned team will contact you for the verification process.
But, before applying to such a well-reputed preschool franchise you must be eligible. An individual must fulfill all the required criteria before filling out the franchise application form.
Requirements for Eurokids Franchise
Best Location for Eurokids play school franchise?
Location is one of the main factors to consider before opening up a well-reputed franchise. Most education franchises including EuroKids do not operate in rural areas. They tend to focus more on urban or populated areas. So, you must have a populated area with a good land area in mind to open a EuroKids franchise.
Investment required for Eurokids Franchise in India?
To open up any education franchise you must have a good amount of money for investment. The more you invest in your franchise the better return you get out of it. If you choose any education franchise in India, the investment required is quite high. In the same way, the investment required to start a EuroKids franchise is Rs 12-15 lakhs.
Yes, it will be surprising to many as they have thought for less. But, this amount is as per the location of the franchise. The more you move to a famous and populated area the investment cost rises.
Area Required for Eurokids Play School Franchise
An individual just cannot open up a reputed education franchise without having enough land. You must have proper land and be in the proper location for the franchise to run successfully. Now, EuroKids expects any individual to have at least 1500 to 2000 square feet of land. Additionally, the preschool company even expects to have an open outdoor area excluding the building area requirement.
Return on Investment (ROI) for Eurokids franchise
Return on Investment is another great factor that should be looked upon while opening up a franchise. At the end of the day, you want to earn a good profit from your business. The initial investment will include ambiance as well. But, you may need to expend some more on the equipment that will require. Now, the profit, rent, and every other expense are given in the table below:-
| Particulars | Minimum Investment Required |
| Land Rent and Electricity | 2,00,000 |
| Miscellaneous expenses | 20,000 |
| Salary of employees (minimum 8) | 80,000 |
| Average students coming into the franchise | 50 |
| Average fees per student | 15,000 |
| Gross Profit after a month | 7,50,000 |
| Total profit ratio in % | 50% of 7,50,00 |
The table above proves that if you open up a EuroKids franchise then you will gain a profit of 3,50,000. So, this will take at least 18 to 20 months to recover your investment.
Conclusion
Just after the healthcare industry, the education industry is the fastest-growing sector. Yes, investing in such a sector could be slightly expensive initially but, they are highly profitable. Additionally, you must choose the right education company before opening up your franchise.
Here, we would highly recommend the interested person contact EuroKids Preschool to open up their franchise. EuroKids have well-established itself and are running better than ever.