{"id":2553,"date":"2013-06-09T10:39:26","date_gmt":"2013-06-09T10:39:26","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=2553"},"modified":"2013-06-09T10:39:26","modified_gmt":"2013-06-09T10:39:26","slug":"pritam-agrawal-the-blossoming-hello-kids","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/pritam-agrawal-the-blossoming-hello-kids\/","title":{"rendered":"Pritam Agrawal- The Blossoming \u2018Hello Kids\u2019"},"content":{"rendered":"

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Bangalore based Hello Kids Education India Pvt. Ltd started as India\u2019s first no royalty model pre school in 2005, a new concept in preschool franchising industry.<\/p>\n

The franchising market in India is growing very rapidly. Franchisee is one of the most preferred routes taken by new generation entrepreneurs. A strong, franchisor experience and a well settled model are some of the factors which influence people to go for a franchise. Realizing the strength of our brand and power of franchising in expanding a business, we decided to take this path.<\/p>\n

Hello Kids has the preference of people with passion for kids and entrepreneurial skills for their franchisees. Pre-establishment training along with training at intervals, franchisee meet and an expert team solving daily queries and problems immediately from head office is some of the support provided to franchisees.<\/p>\n

We are targeting the middle income segment by providing a low cost franchise model. To open a preschool, all one needs is a space of 1,000 square feet and a business investment as low as Rs. 2.5 lakh and as a part of the franchise package, the franchisee will get all the material from kids furniture to education items, play equipments, office stationary to advertising material.<\/p>\n

The company has grown really fast since it started franchising. Hello Kids is the largest chain of preschools in Bangalore and is progressing well every year. With more than 175 centers now, we aim to become the largest business in the preschool industry and have the maximum number of centers across India by the year 2017. Hello Kids\u2019 association with NAEYC and UK Early Education is helping us upgrade our curriculum. The direct impact of this can be seen in the competence of our students. The low franchise investment and No Royalty model enables the franchisees to save on huge royalties which in turn results in higher profits.<\/p>\n

Among 175 centers, most of our centers are based in South India as we feel that the next phase of growth will come from the tier 2 and tier 3 cities, especially in North India. In order to tap this market, we have established a regional office in Gurgaon, Haryana. <\/p>\n

We also encourage women entrepreneurs to opt for our brand and build up home based businesses of their own. For women the centre can run from their premises or can take a building near their residence. Pre schools up to 1- 2pm in the afternoon giving great flexibility, less investment as compared to any other business models and operates for almost 180-210 working days in a year.<\/p>\n

Franchise Model<\/p>\n

Total Investment: \tRs 2.5 to Rs 5.5 Lakh
\nArea Required:\t1,000 to 1,200 Sq. ft
\nPreferred Location:\tHigh density
\nFranchise Fees: \tRs. 50,000 (For 2 Years)
\nRoyalty Fees: \tNo Royalty
\nMarketing cost (percentage of sales): \t10-15% of Revenue
\nWorking capital (per month):\tRs. 20,000 to Rs. 40,000
\nReturn on Investment: \t30 to 100 percent
\nNumber of employees
\nrequired to run a franchise unit: \t4
\nExpected break even time: \t8 to 10 months
\nNumber of franchisees
\nowning more than one unit: \t5
\nCompany Operational Since: \t2005
\nYear of starting franchising: \t2009
\nNumber of States present in: \t22
\nNumber of franchised units: \t175+
\nNo. of company owned units: \t8<\/p>\n