Education Support Franchise Opportunity
Young Engineers 8.2 /10
2008 Estd
·
100
Franchisees
· Israel HQ
Premium Plan
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| Fixed Center | INR 33.5 - 67 lakh | INR 30 lakh | 400 - 1,000 Sq Ft | 3 | INR 33.5 lakh | 45% | 7% royalty will be charged on total revenue generated |
| Mobile Center | INR 22 - 33.5 lakh | INR 30 lakh | 200 - 500 Sq Ft | 3 | INR 20 lakh | 60% | 7% royalty will be charged on total revenue generated. |
| Master Franchise | INR 2 - 2.7 crore | INR 1 crore | 300 - 500 Sq Ft | 3 | INR 33.5 lakh | 40% | The master franchise will have to pay us 65% of the franchisee fee for every new franchisee signed along with 65% of the 7% royalty they would be entitled to collect from every franchisee under them |
| Format Name | Fixed Center | Mobile Center | Master Franchise |
|---|---|---|---|
| Investment | INR 33.5 - 67 lakh | INR 22 - 33.5 lakh | INR 2 - 2.7 crore |
| Brand Fee | INR 30 lakh | INR 30 lakh | INR 1 crore |
| Space | 400 - 1,000 Sq Ft | 200 - 500 Sq Ft | 300 - 500 Sq Ft |
| Staff | 3 | 3 | 3 |
| Expected Monthly Sales | INR 33.5 lakh | INR 20 lakh | INR 33.5 lakh |
| Profit Margin | 45% | 60% | 40% |
| Royalty / Commission | 7% royalty will be charged on total revenue generated | 7% royalty will be charged on total revenue generated. | The master franchise will have to pay us 65% of the franchisee fee for every new franchisee signed along with 65% of the 7% royalty they would be entitled to collect from every franchisee under them |
Documents
About Young Engineers
This is a global education company which uses Lego building blocks to introduce children to theoretical and practical aspects in the fields of Science, Technology, Engineering, and Mathematics.We nourish the development of thousands of children around the world through our unique educational entertainment curriculum.
Products and Services
Big Builder for Age 4-6, Brick Challenge for Age 6-11, Galileo Technic for Age 9-11, Robobrick for Age 9-11, Robotic and Software Engineering for Age 9-13, Birthday Parties building blocks, Corporate team building.
Preferred Locations
Singapore.
How to get Young Engineers Franchise?
1. Interview by director of Young Engineers Singapore.2. Sign NDA to learn more about our financial and operation.
3. Decide a territory for operation.
4. Sign a local franchisee agreement with HQ.
5. Launching process.
What are some of the things we look for in a Franchisee?
Grow the Young Engineers Brand in Singapore.
Support you can expect from the company
We will provide end to end support from training about the syllabus, help in marketing activities and operations.
Recent Activity
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Earlier than 15 daysManagement, Education, Singapore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMicrosoft Azure Cloud Engineer, IT - Banking, Redmond, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner / MD, System Integrator / Contractor, Manila, Individual Investor / Buyer connected with the Business
Profile Stats
- 10+ introductions
- 1000+ Page Views
- 500+ Investor Views
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Frequently
Asked
Questions
Asked
Questions
-
When was Young Engineers established?Young Engineers was established in 2008 in Israel and is reported to have 100 Franchisees currently
-
What is the investment required to take up Young Engineers Franchisee?Investment required ranges from SGD 33 thousand - 400 thousand depending on the format offered.
-
What is the space requirement for taking up Young Engineers Franchisee?Space required ranges from 200 - 1000 sq ft depending on the format.
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What Franchisee formats does Young Engineers offer?Young Engineers offers 3 formats, i.e Fixed Center,Mobile Center,Master Franchise.
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How to get Young Engineers Franchisee?1. Interview by director of Young Engineers Singapore. 2. Sign NDA to learn more about our financial and operation. 3. Decide a territory for operation. 4. Sign a local franchisee agreement with HQ. 5. Launching process.