Foster Genius - Franchise

Foster Genius - Franchise
Category : Education Investment: Rs. 50 k - Rs. 20 Lac 100 - 250 Sq. Feet Less than 10

Foster Genius Franchise Foster Genius is the initiative of the "IHT Network Limited", an ISO certified, professionally managed public limited, one the fastest growing company in the early childhood & K-12 education domain. IHT Group, 12 year old (incepted in year 2003) renowned educational group of companies, know for it quality & commitment in different field of education. Genius explains the deeper meaning behind music. Founded in 2009, Genius is a unique media company that’s powered by community, our in-house creative team, and the artists themselves. We serve music knowledge to over 100 million people each month on Genius.com and everywhere music fans connect across the internet. Genius started as a platform for annotating clever rap lyrics—our original name was Rap Genius. Over the years, we’ve expanded our mission to include more than hip-hop, and more than just lyrics. Every song has a story that needs to be told, and the biggest names in music—including Kendrick Lamar, Ariana Grande, and Lin-Manuel Miranda—come to Genius to give the world insight into their art. The Genius community has grown into an influential force of over 2 million contributors, editors, and musicians who sign up to discuss and deconstruct their favorite songs with fans all around the world. As a result of their collective music IQ, we have the best lyrics and knowledge database on the internet—that’s over 25 million songs, albums, artists, and annotations. The in-house creative team at Genius spotlights the stories behind the music that matter most. They work with artists and the community to transform insider knowledge into videos, in-depth features, breaking news coverage, and a variety of music knowledge content for the masses. Read the Franchise requirements below and become a Franchisee today.

Foster Genius - Franchise Investment Details

Commenced Dates

Date Commenced Operations 2013
Date Commenced Franchising / Distribution 2013

Franchise Details

Units

Area Investment Franchise/Brand Fee

 Royalty/Commission

Store Wise Rs. 50 K - 2lac   Nill

Master / Multi Units

Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
Region Wise Rs. 20lac - 30lac      
State Wise Rs. 2lac - 5lac      
City Wise Rs. 50 K - 2lac      

Expansion Locations

North North, New Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttaranchal, Uttar Pradesh
South South, Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
East East, Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa
West West, Gujarat, Rajasthan, Maharashtra, Goa
Center Central, Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories Union Territories, Andaman & Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details (Optional)

Want to expand International, Nationwide
Exclusive territorial rights to a unit Yes
Performance guarantee to unit franchisee Yes
Anticipated percentage return on investment 200
Likely pay back period of capital for a unit franchise 3 - 5 Month
Other investment requirements No

Foster Genius - Franchise Training Details

Detailed operating manuals for franchisees Yes
Where is franchisee training provided? Delhi
Is field assistance available for franchisee? Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise? Yes
What IT systems do you presently have that will be included in the franchise? Yes

Foster Genius - Franchise Property Details

Type of property required for this franchise opportunity Residential
Floor area requirement 100 - 250 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet Residential

Foster Genius - Franchise Other Details

Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 years
Is the term renewable? Yes
Foster Genius - Franchise

Foster Genius - Franchise

Category : Education
Area Req : 100 - 250 Sq. Feet
Franchise Outlets : Less than 10
Investment: Rs. 50 k - Rs. 20 Lac

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