Franchisee of a Multimedia, 3D & VFX training institute in a prime location in Bangalore for takeover

Franchisee of MAAC (Maya Academy of Advanced Cinematics) - Multimedia, 3D & VFX training institute in a prime location in Bangalore for takeover.
Franchise fee of 20% of collections paid to MAAC (Maya Academy of advanced cinematics), an APTECH enterprise. One of the six centers in Bangalore. Franchise fee of Rs. 11 lakhs paid for 5 years, currently started 3rd year of operations. Renewal fee is 25-30% of franchise fee. Courses range from 1 month to 24 months. 24 months course cost Rs. 2.48 laKhs.
Total costs including salary, rent, utilities, etc is around Rs. 1.28 lakhs/month and minimum billing is Rs. 4 lakhs/month.
Have 56 students in enrollment with 41 active students, rest are on long leave, exams, etc.
2 faculty who are hired and managed by MAAC with a pre-decided curriculum.

Multimedia, 3D animation & VFX education