|
Established
2003
|
Franchise Started
2008
|
Owned Outlets
2
|
Franchise Outlets
none
|
Investment
₹5 L – ₹10 L
|
Space Requirement
550
|
Brand Profile
Guitarmonk is a music concept having been in existence since year 2003; represent the first formal Guitar Training College in Delhi (India) and a music production house with its own Record label, Publication and Retail unit. At present Guitarmonk is establishing its Guitar College Units & Franchise at many parts of the country and globe.
Single Unit Investment for GUITARMONK
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | ₹5 L – ₹10 L |
| 2 | Investments Includes |
Franchise Fee: Rs 2,00,000
Equipments Furniture and Fixtures: Rs 1,50,000 Advertising / Marketing: Rs 1,00,000 |
| 3 | Capital Investment | |
| 4 | Expected Payback Period | 3 |
| 5 | Expected ROI | 40%% |
| 6 | Other Investment needed | No |
Master Franchise Investment for GUITARMONK
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | ₹30 L – ₹50 L |
| 2 | Franchise Fee | |
| 3 | Investments Includes |
Furniture and Fixtures
Advertising / Marketing |
| 4 | Capital Investment |
Important Points for GUITARMONK Franchise
| Sl | Heading | Description |
|---|---|---|
| 1 | Franchise Training Program |
Training Program available for the franchisee
Software-Hardware Support included in the Franchise Fees |
| 2 | Franchise Training Venue | Head Office |
| 3 | Franchise available in Regions |
Central
Eastern Northern Southern Western North-East All India |
| 4 | Area/Site Preference | Commercial,Residential |
| 5 | Minimum Floor Area needed | 550 |
| 6 | Term of Franchise Agreement |
One time Franchise Agreement is renewableRenewal period: 3 years |
| 7 | Other Important Points |
Minimum Guarantee given
Facility provided Master Franchise Available Site Select Help given |
Frequently Asked Questions — GUITARMONK Franchise
The expected investment for a GUITARMONK franchise is ₹5 L – ₹10 L. This includes franchise fee, furniture & fixtures, advertising & marketing.
For the GUITARMONK franchise, the expected payback period is 3 and the expected ROI is 40%.
GUITARMONK provides a training program for franchisees conducted at the Head Office. Software and hardware support is included in the franchise fee.
A minimum floor area of 550 is required to open a GUITARMONK franchise outlet.
Currently, GUITARMONK does not list a Master Franchise opportunity. Single-unit franchise is available.
The GUITARMONK franchise agreement term is One time. The agreement is renewable (renewal period: 3 years).
GUITARMONK operates in the Education & Training sector. It is listed on Franchisezing under Education & Training franchise opportunities in India.