The My Chhota School franchise is an exciting opportunity for new businesses intending to venture into the education sector in India. MCS earns its value as an investment through being affordability, yet providing quality education to children in a child-friendly setting. This article gives you the comprehensive details of My Chhota School franchise in India including the franchise cost, ease of profitability, and how to get started, among others.
Table of Contents
About My Chhota School
| Company Name: My Chhota School |
| Established Year: 2018 |
| Founders and Director: Kshitiz Bhasin |
| Business Sector: Education and Preschool |
| Number of Branches: 1200+ |
| Official Website: https://mychhotaschool.com/ |
My Chhota School is one of the freshly growing names in the world of preschool education that began its journey in 2018. Having started to increase the availability of affordable quality Early Childhood Education, MCS has grown to have more than 1200+ spread all over the country and in other countries such as Australia, Vietnam, some parts of Africa, and other nations of the world. Although new, MCS has a clearer focus on child development, safety, and inclusion and is an excellent opportunity to become an educational center franchisee with little investment.
MCS has a clear mission of providing quality education to both urban and rural areas at an affordable cost. Due to its ISO9001 and COVID-safety certifications as well as innovative teaching approaches and self-actualization plans for children and their parents and franchisees, this format is in demand.
Key Facts of My Chhota School Franchise
| Brand Name: My Chhota School |
| Industry: Education Sector |
| Franchise Fees: 1 lakh |
| Franchise Cost: 3 to 5 lakh |
| Royalty Fees: Zero |
| ROI Period: 1 to 2 years |
| Required Space: 800 to 1000 sq ft |
| Official Website: https://mychhotaschool.com/ |
How Much Does My Chhota School Franchise Cost?
Obtaining a My Chhota School franchise is not very expensive considering the fees charged by other preschool franchises in India. The following is a breakdown of expenditures with respect to opening an MCS franchise as follows:
| Franchise Fees | 1 lakh |
| Set up Costs | 2 to 3 lakhs |
| Equipment and Supplies | 50,000 to 1 lakhs |
| Initial Inventory | 50,000 |
| Marketing and Promotion Cost | 1 lakh |
| Working Capital | 50,000 to 1 lakhs |
| Royalty Fees | Zero |
| Total Investment | 3 to 5 lakhs |
Franchise Fee: The franchise fee of 1 lakh permits the use of the MCS brand, curriculum, and manner of operation. This is a one-off fee that comes with the use of My Chhota School’s implemented education system with unique features that enable an individualized approach to teaching and learning.
Setup Costs: 2 lakhs to 3 lakhs Buildings and premises costs include expenditures made on the preparation of a specific property for use in preschool for children, geared toward a safe learning environment. For example, simple equipment and furniture, educational aids, and making attractive classrooms for children. MCS recommends its centers have a minimum of 800 to 1000 square feet of space.
Components of Setup Costs:
Location Preparation: Adapting the facility to make it friendly for children.
Interior Furnishings: Furnishings that range from furniture, learning materials, and equipment for use by preschool children and excellent decorations of the setting.
Safety Features: Having to put into place emergency precautions including cushioning floors for children, setting gates around the house, as well as child-locking items among others.
Equipment and Supplies: 50,000 to 1 lakh, to support learning activities in a center, there is a need to provide simple educational materials, toys, and learning aids to promote center attraction by young children. This includes:
Educational Toys and Materials: toys that young children, adolescents, and even adults can play with to help them with motor and cognition skills.
Learning Aids: MCS-related books and puzzles, educational and developmental age-appropriate toys and games.
Initial Inventory: 50,000 for the stock is the first stationery, art apparatus, material, books and any other consumable needs of the school for the first few months.
Marketing and Promotion: Marketing and promotion require 50k to 1 lakh.
MCS offers marketing assistance to ensure the brand is created across the local market. This includes:
Local Advertising: Facebook ad campaign and newspaper ad campaign aimed at local parents.
Promotional Events: MCS advises its franchisees to invite the public to school for example through having an open day, or any other means, that may be instrumental in attracting the intended students.
Working Capital: Working capital of 1 lakh is used to meet daily running expenses including, salaries for employees, light bills, and other recurrent unseen expenses. This is to allow the center to run until it stabilizes its revenues to meet operational costs.
Royalty Fees: My Chhota School charges zero royalty fees for brand support, ongoing support, and others.
Total Investment: The Total My Chotta School Franchise Costs between 3 lakh to 5 lakhs including franchise fees, initial inventory, working capital, setup cost, and others
Profit Potential of My Chotta School Franchise
The franchise opportunity of an MCS has great profitability because developing an affordable program is extremely profitable in India, especially a preschool. Here’s a closer look at the earning prospects and financial performance of a My Chhota School franchise:
Monthly Profit: Monthly Profit between 30,000 to 80,000 is also not fixed due to some specific factors like location, number of enrollments, and operational effectiveness. Operators in the urban and semi-urban centres report higher profitability especially once enrolment flows are constant.
Revenue Generation
Tuition fee is the main source of revenue for MCS. Also, it is easier for franchisees to add services that will generate extra revenues, such as after-school activities or summer programs.
Return on Investment (ROI): 1 to 2 years
In case of low costs of getting established, moderate throughput, and a fixed need for preschools, the setup cost for an MCS franchise is easily returned in one to two years depending on throughput and competency in cost control.
My Chotta School Franchise Regulations and Process of Application
Before selecting their franchisees, My Chhota School requires contractors to undergo some standard eligibility criteria and a series of procedures to apply for the franchise.
Eligibility Requirements
Financial Capability: Franchisees that are likely going for the franchise should have enough capital outlay to fund both the franchise fee and the cost of setting up the business.
Location: A suitable property, which should be located preferably in a residential building or near schools should have a usable floor area of not less than 800 to 1000 sq. ft.
Passion for Education: MCS wants to attract those who have a passion for early childhood development and who fully understand the needs of a child.
Application Process of My Chhota School Franchise
Visit the Official My Chhota School Website The application for the franchise can be done through downloading the form from the official website of MCS.
Submit the Application: Fill out the application and enclose supporting documents such as certificates and accounts statements where necessary.
Interview and Evaluation: MCS intended to schedule an interview with the applicant so that the company can understand the goals of the applicant as well as in regard to its brand.
Site Visit and Approval: The MCS team will pay a visit to the proposed area so as to assess if the place meets all the characteristics of operation.
Agreement and Training: When approved, franchisees execute a franchise agreement and go through an orientation process to gain insight into MCS’s instructional process and business model.
Pros and Cons of My Chhota School Franchise
| Pros | Cons |
| Affordable Investment: That is because low startup costs make MCS adoptable by all classes of entrepreneurs and even individuals. | High Competition: Since the preschool sector is quite saturated, constant advertising and quality provision of services are needed. |
| Comprehensive Support: They offer training to their franchisees, along with support in marketing too and management information. | Location Dependency: It might be successful to a certain degree depending on the place and the way it can reach its intended people. |
| Strong Brand Reputation: MCS already enjoys a certain level of credibility and goodwill among the Indian customers aiding their reliability towards MCS. |
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Conclusion
In Conclusion, My Chhota School Franchise Cost, Profit & How to get in 2024. My Chhota School can be very fulfilling for anyone interested in the operation of a preschool education sector. In particular, low-cost leadership, a helpful franchise system, and a gradually expanding brand image guarantee that MCS will be successful. It is also advantageous to MCS since it addresses the issue of expensive and quality education and opens an opportunity for franchisees to play an important role within their communities.
Further details can be obtained at the official website of My Chhota School or the franchise support team for further support.
Image Gallery of My Chhota School Franchise
FAQs
How much does it cost to open a My Chhota School franchise in India?
The overall investment stands between Rs. 3.5 lacs to Rs. 5.5 lacs and varies geographically based on the requirement for establishing the school.
How can I get a franchise for My Chhota School?
To apply for an MCS franchise, the following steps should be followed: Go to the MCS official website and fill out and submit the franchise form. It is also advisable to speak to the MCS support team to get more assistance.
What are the advantages of having an MCS franchise?
Advantages include brand awareness, great support, low cost, and possibly a focus on education for children.
