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Youth Engineer 6.4 /10

2015 Estd  ·  2 Franchisees  ·  Navi Mumbai HQ  ·  Listed By Business Owner / Director

All Formats
Format Investment including Brand Fee Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
CCTV Store Franchise USD 10 - 11.3 thousand USD 2.25 thousand 200 - 300 Sq Ft 2 USD 3.4 thousand 13% 2% its on monthly sales
Computer Store Franchise USD 15.8 - 17 thousand USD 2.25 thousand 200 - 300 Sq Ft 2 USD 4.5 thousand 15% 2% royalty on monthly sales
Format Name CCTV Store Franchise Computer Store Franchise
Investment USD 10 - 11.3 thousand USD 15.8 - 17 thousand
Brand Fee USD 2.25 thousand USD 2.25 thousand
Space 200 - 300 Sq Ft 200 - 300 Sq Ft
Staff 2 2
Expected Monthly Sales USD 3.4 thousand USD 4.5 thousand
Profit Margin 13% 15%
Royalty / Commission 2% its on monthly sales 2% royalty on monthly sales
Documents
Franchise Details
GST Certificate
About Youth Engineer
Youth Engineer is an upcoming electronics retail brand. The business sells CCTV and computers. The business has two COCO outlets right now and plans to expand with a FOCO (Franchise Owned Company Operated) model, offering two franchise options:
1. CCTV store: This package is priced at INR 10 lakh, which includes an INR 2 lakh brand fee. Franchisees get to operate a CCTV-focused store, providing top-tier security products and services.
2. Computer store: The package is priced at INR 15 lakh, including a INR 2 lakh brand fee, and is non-refundable. This franchise focuses on offering computer products and services, catering to both businesses and consumers.
The brand is synonymous with reliability and innovation in the security and IT services industry. With a focus on delivering high-quality solutions, Youth Engineer has established a strong reputation for excellence and customer satisfaction.
Youth Engineer is a GST-registered sole proprietorship business.
Products and Services
Youth Engineer specializes in providing comprehensive CCTV surveillance and IT solutions tailored for various industries, including educational institutions, commercial establishments, and residential complexes. Their services encompass system design, installation, and maintenance, ensuring enhanced security and operational efficiency for their clients.
Preferred Locations
Bengaluru, Maharashtra, Karnataka, Gujarat.
How to get Youth Engineer Franchise?
To get a Youth Engineer franchise, follow these steps:
1. Research the franchise model:
- Understand the FOCO (Franchise Owned, Company Operated) model offered.
- Choose between the CCTV Store package (₹10 lakh, including ₹2 lakh brand fee) or the Computer Store package (₹15 lakh, including ₹2 lakh nonrefundable brand fee).
2. Submit an inquiry:
- Contact Youth Engineer through the website, email, or phone to express your interest.
- Provide details, including your preferred location, business background, and store type (CCTV or Computer).
3. Franchise application:
- Fill out a formal application, including financial background, business experience, and franchise plans.
4. Meet with the team:
- Attend an introductory meeting to discuss terms, expectations, and the business model.
5. Review the franchise agreement:
- Review terms, including non-refundable fees, brand fee, initial investment, and ongoing costs.
6. Finalize the agreement:
- Sign the franchise agreement once both parties agree on terms.
7. Prepare for launch:
- Youth Engineer will assist in location scouting, store setup, and inventory management.
Receive training and support to successfully run the store.
8. Store opening:
- Your store will be launched under the Youth Engineer brand, with company support per the FOCO model.
Connect with us through SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
Here’s what we expect from our franchisee:
1. Franchise fee and initial investment:
- Franchise fee: Require the franchisee to pay the non-refundable brand fee as part of the total package cost (e. g., ₹2 lakh in the Computer Store packages).
- Initial investment: Ensure the franchisee has the necessary capital for the full investment (e. g. , ₹10 lakh for CCTV and ₹15 lakh for Computer Store), which covers store setup, inventory, and operational expenses.
2. Commitment to brand standards:
- Brand Consistency: Franchisees must maintain the quality and standards of the Youth Engineer brand, including store design, product presentation, customer service, and marketing materials.
- Adherence to guidelines: Ensure that franchisees strictly follow the operational guidelines provided in the Franchise Operations Manual and Standard Operating Procedures (SOPs).
3. Royalties and ongoing fees:
- Royalty payments: Collect ongoing royalty fees (if applicable) based on a percentage of their sales or a fixed amount, to cover brand usage, marketing support, and administrative services.
- Marketing contributions: Franchisees should contribute to local and/or national marketing campaigns, which helps boost brand awareness for all stores.
4. Location and lease commitment:
- Location approval: Franchisees should secure a store location that aligns with Youth Engineer’s requirements and demographics, with your approval.
- Lease agreements: Franchisees are responsible for handling lease agreements for their store, and you may provide guidance in securing a suitable property.
5. Operational responsibility:
- Day-to-Day Management: Even though it's a FOCO model, the franchisee is responsible for ensuring that daily operations are run smoothly, including hiring staff, managing the store, and handling customer relations.
- Inventory and stock management: The franchisee must manage stock levels, order new products in a timely manner, and ensure the store is fully stocked with required inventory.
6. Local marketing and promotions:
- Local promotions: While you will handle broader marketing efforts, the franchisee should be proactive in promoting the store locally and participating in community events to build a customer base.
- Advertising guidelines: Ensure that any local marketing or advertising initiatives taken by the franchisee align with Youth Engineer’s brand guidelines.
7. Financial reporting and compliance:
- Financial transparency: Require regular financial reports (e. g. , monthly or quarterly) that detail sales, expenses, and profitability. This helps in assessing the performance of each store and identifying areas for improvement.
- Compliance with legal and tax requirements: Franchisees should ensure they comply with all local, state, and national laws regarding taxes, labour, and business operations.
8. Training and skill development:
- Commitment to training: Franchisees should attend all required training sessions provided by Youth Engineer to learn the necessary skills for operating the store.
- Staff training: Franchisees are responsible for ensuring that their staff is trained according to your standards, with your support in providing training materials. By requiring these commitments from your franchisees, you ensure that the Youth Engineer franchise network operates smoothly and upholds the quality, standards, and reputation of the brand.
Support you can expect from the company
Our expansion plan for Youth Engineer is strategically focusing on expanding its presence by opening numerous outlets in rural cities across Maharashtra. As part of this expansion, the franchisees can expect the following:
1. Brand and marketing support:
- Brand recognition: Allow franchisees to use the Youth Engineer name and logo, which adds credibility and attracts customers.
- Marketing materials: Provide promotional content, advertising strategies, and ongoing support for local and national marketing campaigns.
- Digital presence: Offer website and social media support to increase brand visibility for franchisees.
2. Training and operational support -
Initial Training: Offer comprehensive training on running the business, managing the store, handling sales, and using technical systems (CCTV, computer products, etc. ).
- Ongoing training: Provide continuous learning opportunities for new products, services, or operational techniques.
- Field support: Assign field managers or support teams to assist franchisees with day-to-day operations, troubleshooting, and business growth strategies.
3. Store setup and inventory -
- Store design: Assist with the physical setup of the store, including layout, furniture, branding, and display arrangements.
- Inventory supply: Provide access to pre-approved suppliers or directly supply the necessary inventory, whether it's CCTV, computers, or related tech products.
4. Technology and software -
- POS systems: Provide point-of-sale systems, software, and tools to streamline inventory management, sales tracking, and customer management.
- Technical support: Ensure that franchisees have access to 24/7 technical support for any issues with equipment or systems.
5. Operational manuals -
- Standard Operating Procedures (SOPs): Provide detailed SOPs covering every aspect of running the business, including product management, customer service, and store maintenance.
- Franchise operations manual: A document that outlines all the legal, operational, and management protocols the franchisee must follow.
6. Financial guidance -
- Business planning: Help franchisees create financial plans, set sales targets, and manage their budget.
- Profitability analysis: Offer tools to analyze sales data, track profits, and improve performance.
7. Continuous innovation -
- Product and service updates: Keep franchisees updated with the latest technology, tools, and trends in the CCTV and computer products industry.
- New product rollout: Provide access to new product launches and training on how to sell and implement them.
8. Legal and compliance assistance -
- Franchise agreement: Provide a clear, fair, and transparent franchise agreement that defines both parties’ rights and obligations.
- Licensing and permits: Assist franchisees in obtaining any necessary permits, licenses, or certifications required to run the business legally in their location. Providing these essential tools and support will not only help your franchisees succeed but also strengthen the Youth Engineer brand as a whole.
Profile Stats
  • 600+ Page Views
  • 200+ Investor Views

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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    Frequently
    Asked
    Questions
    • When was Youth Engineer established?
      Youth Engineer was established in 2015 in Navi Mumbai and is reported to have 2 Franchisees currently
    • What is the investment required to take up Youth Engineer Franchisee?
      Investment required ranges from INR 9 lakh - 15 lakh depending on the format offered.
    • What is the space requirement for taking up Youth Engineer Franchisee?
      Space required ranges from 200 - 300 sq ft depending on the format.
    • What Franchisee formats does Youth Engineer offer?
      Youth Engineer offers 2 formats, i.e CCTV Store Franchise,Computer Store Franchise.
    • How to get Youth Engineer Franchisee?
      To get a Youth Engineer franchise, follow these steps: 1. Research the franchise model: - Understand the FOCO (Franchise Owned, Company Operated) model offered. - Choose between the CCTV Store package (₹10 lakh, including ₹2 lakh brand fee) or the Computer Store package (₹15 lakh, including ₹2 lakh nonrefundable brand fee). 2. Submit an inquiry: - Contact Youth Engineer through the website, email, or phone to express your interest. - Provide details, including your preferred location, business background, and store type (CCTV or Computer). 3. Franchise application: - Fill out a formal application, including financial background, business experience, and franchise plans. 4. Meet with the team: - Attend an introductory meeting to discuss terms, expectations, and the business model. 5. Review the franchise agreement: - Review terms, including non-refundable fees, brand fee, initial investment, and ongoing costs. 6. Finalize the agreement: - Sign the franchise agreement once both parties agree on terms. 7. Prepare for launch: - Youth Engineer will assist in location scouting, store setup, and inventory management. Receive training and support to successfully run the store. 8. Store opening: - Your store will be launched under the Youth Engineer brand, with company support per the FOCO model. Connect with us through SMERGERS and we will guide you through the process.
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