Build a thriving long-term business by opening Race Institute franchise one of the best competitive exam coaching Institute in India which provides the best coaching for Government jobs. Let's find out what is the franchise cost of Chennai Race Academy, investments, expected profit and other requirements.Chennai Race Coaching Institute franchise cost, investments, expected profit
To start Race Coaching Institute, investments of about INR 40 - 70 lakhs is required. The franchise cost is Rs.10 lakhs. So we can more or less say that this is a franchise opportunity under fifty lakhs investment. You need to pay 15% of the tuition fee per student as royalty fees. You can expect a profit margin of 20% and the number of students enrolled in your centre make a difference in profitability.
How much space is required to set up Race Institute?
All the branches of Race Institue have more than 50 classrooms and 17 practice Halls. So you require a carpet area of minimum 5000 sq ft to 7000 sq ft to open Chennai Race Academy. Choose a location which is easily accessible for the students from different parts of the city.
Is starting a Chennai Race Coaching Institute is a profitable business option?
The Chennai Race Coaching Institute started its humble beginning by 2012 offered a feature-rich training course for various competitive exams. Now it has coaching centres all over Tamil Nadu and branches in Hyderabad, Bangalore, Trivandrum, Chandigarh, Pondicherry. It has been awarded India's Best Competitive Exams Coaching Institue by Praxis Media, New Delhi. It received Education Excellence Award 2017 by Blindwink.in Bengaluru and Best Banking Entrance Coaching Centre by Times of India. Its success can be seen from the resulting rate, where 8 out of 10 students have cleared the bank exams and it has received over 17000 Google endorsements. The scope of the market for Coaching Institutes in India in the future is immeasurable with the ever increasing number of students in the city. The changing pattern of the entrance exams and the student's craze for government jobs makes the coaching centres for competitive examinations profitable.
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