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Jun 06, 2022
1:01 AM
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If you are looking for a Play School franchise with minimum capital and high returns at Bokaro, you have come to the right place. We have discussed the various factors that you need to consider before deciding on a franchise. Read on to discover the most important aspects that you need to consider. Franchise fee - The amount that the parent company demands from the new franchisee when starting a play school. This fee is a one-time payment that is not much higher than 3 lakhs for a preschool franchise but can rise up to a few lakhs depending on the goodwill of the parent company.
Startup costs - The establishment cost is one of the biggest expenses for starting a playschool. This amount includes salaries and stationery for the staff and expenditure on marketing. The most important thing to keep in mind while setting up a playschool is that it takes time to establish a presence in the market. The first year of business is crucial as it entails large investment. Nonetheless, it's worth the risk.
Investment cost - The startup cost for a playschool franchise is usually much higher than that of a preschool franchise, and the higher the quality of the facilities and support, the higher the investment. The franchise fee is usually between 10 to 12 lakhs, but if you're looking for the lowest initial capital and high returns, this may be the best option. You'll be able to earn 80 to 160% more than the market average in the first year.
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