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VIDYAMANDIR CLASSES

Category: Informal education
Company: VIDYAMANDIR CLASSES LTD.
Brand Origin: Delhi
Established Year: 1986
Business Model: FOFO
ROI: 12-18 Months
Area: 3000 Sq.Ft
Investment: 2 Crore
Franchise Outlets: 68
Google Rating: 4.5/5

About Us

Vidyamandir classes is an inspiring place of thoughts, that is guiding students and setting the standards for learning and creating the next generation of change makers, thought-leaders in India and abroad. Vidyamandir Classes, established in 1986, the Foremost Institute of the Country for the preparation of JEE Main, JEE Advanced, NEET, Board, CUET, INSPIRE-KVPY, NTSE & OLYMPIADS has been instrumental in moulding the lives of countless students by empowering them to become successful Engineers, Doctors, more so future leaders & change makers. This extraordinary streak of success has been accomplished under the able guidance of our eminent Founders who have been the backbone of VMC’ value-based pedagogy for many years and continue to pave the way to success for students aspiring for major Engineering & Medical exams.

The Founders and management of VMC have always held to the fact that growth is important, but only when you can live up to the standards set for education. Thereby, VMC grows optimally to carry our 40 years old legacy of commitment and pride ourselves in, not being an Assembly line of education.

  • VMC was the first to introduce admission test in 1989 to take admissions for its preparatory programs for IIT-JEE.
  • VMC was the first to introduce printed study material in the form of modules, eliminating the need for students to consult multiple books.
  • VMC was the first to launch online platform in 2006, allowing students to access multiple services from the comfort of their home.
  • VMC was the first to launch Student App & Parent App to access content and tests anywhere.

Few Successful case studies of our existing franchise partners-

  1. From 1 student to 45 crores of turnover in last 10 years.
  2. From 3 classrooms to 40 classrooms in last 10 years
  3. Producing JEE toppers for 8 consecutive years.

Vision: -              

To help students EXCEED their potential while creating awakened citizens who will take the nation forward and make the world a better place

Mission-

To become first preference for all students regarding their preparation for all competitive & scholastic exams. As a GURU, to continuously foster intellectual curiosity, develop critical thinking and enable pursuit of excellence in all educational endeavours.

Ownership Type LIMITED
License Type
Main Product JEE-Main, JEE-Advanced, NEET, NTSE, KVPY
Logo Trademark
Country/Region Delhi, India
Business Automation Semi
Business Involvement Part Time , Fulltime
GST No 07AAACV0418Q1Z4

Franchise Model

Business Type

Test-Preparation for JEE Main, JEE Advanced, NEET, CUET, Board and others

Space Required

Minimum 3000 sqft.

Initial Investment

INR 1.5 – 3 Cr.

Model

FOFO

ROI

From 2nd Year onward

Royalty

25%

Franchise Fee
Tier A cities
Tier B cities
Tier C cities

INR 1.5 Cr.
INR 1 Cr.
INR 60 Lacs

GST will be applicable on each payment as per government norms.

Products / Services

  1. JEE-Main,
  2. JEE-Advanced,
  3. NEET,
  4. Foundation, Board,
  5. NTSE, KVPY- INSPIRE,
  6. CUET and study abroad.

Agreement & Training

Agreement Tenure

3  Years

Agreement Renewal

Mutual Discussion

Training

Structured training plan for franchise partner, teaching and non-teaching staff.

Support / Responsibility

VMC consistently supports its franchisee partners to unlock the growth opportunities and emerge as a reputed institute for quality education. The franchisee will be provided with:

  • VMC Brand name 
  • Center layout and infra related guidelines
  • Assistance in recruitment process of teaching and non-teaching staff.
  • Adequate training to its partner, faculty members and key personnel.
  • Inputs on advertisement and promotional campaign.
  • Work jointly to increase number of admissions by providing comprehensive marketing plan.
  • Delivering a deeply researched curriculum by VMC founders.Proprietary and updated study material

Marketing

Comprehensive marketing plan and branding support.

Cost Bifurcation

On average center can earn  
In a first Year INR 30 Lacs
In Second Year INR 1.25 Cr
In Third Year Approx INR 3 Cr
Break even 1.5 Years
Avg operating Cost INR 1 Cr annually

FAQs

What is the market size of test-prep coaching industry in India
The current test-prep market size in India is approx. Rs.70,200 Crores. Market growth momentum is estimated to accelerate at a CAGR of 15% by 2026 and register incremental growth of approx. Rs.68,000 Crores.

How much will be the project investment?
It depends on your proposed location. Major components of investment would be-
Upfront franchise fee payable to VMC.
Infrastructure- Interior, exterior and office equipment.
Working capital for marketing and promotional campaign and establishing the center.

What is the VMC franchise Business Model?
Franchise business model will be discussed during business presentation and meeting. Although, the major components of revenue and cost are-:
Revenue Components- Fees from classroom program. Share in fee from online program, if applicable.
Cost Components- All operational expenses of center, expense of marketing and promotional campaign and study material +LMS cost

What ROI can I expect?
-It depends on the location of center and heavily depends on your business acumen, vision and attitude towards the business. VMC has proven business model which has delivered a robust ROI for our franchisee partners.

What support was provided to franchise during COVID?
During COVID, VMC provided live online classes to all the students across franchisee PAN India with no additional cost. Colossal mark of over 20000000 student hours with approx. 100000 plus students have taken live classes since April 2020.

 

City

Brand Origin

Delhi

Expansion City

Bhopal, Gwalior, Indore, Jabalpur, Ujjain, Vishakhapatnam, Bhagalpur, Darbhanga, Muzaffarpur, Bilaspur, Durg, Raipur, Jamnagar, Surat, Vadodara, Karnal, Bokaro, Dhanbad, Ranchi, Mysore, Kannur, Kollam, Kozhikode, Thiruvananthapuram, Amravati, Aurangabad, Jalgaon, Kolhapur, Mumbai, Nagpur, Nanded, Nashik , Pune , Sangli, Solapur, Cuttack, Amritsar, Jalandhar, Ludhiana, Ajmer, Bikaner, Jaipur, Jodhpur, Kota, Chennai, Coimbatore, Madurai, Tiruchchirappalli, Tirunelveli Kattabo, Tiruvannamalai, Vellore, Dehradun, Hyderabad, Warangal, Chandigarh, Gorakhpur, Hamirpur, Jhansi, Kanpur, Meerut, Moradabad, Varanasi, Vijaywada, Virar, Vasai, pondicherry, Rajahmundry, Guwahati, Bhubaneswar, Siliguri, Bangalore, Prayagraj, Rourkela

Existing City

Gaya, Patna, Raipur, Ahmadabad, Faridabad District, Gurgaon, Panipat, Rohtak, Yamunanagar, Jammu, Hazaribag, Raigarh, Koraput, Chennai, Agra, Bareilly, Ghaziabad, Lucknow, Meerut, Kolkata, Noida, Jamshedpur, Haldwani, Rudrapur

Blocked City

Contact
Shashi Kumar

Mob No. XXXXXXXXXX

Address: 3rd Floor, Plot no, Aggrawal Corporate Heights, A-7, opposite Wazirpur Depot, Netaji Subhash Place, Pitampura, Delhi, 110034


Contact for VIDYAMANDIR CLASSES

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