Category : Education
No. Of Franchise Outlets : 25
Investment : 5 - 12 Lakhs
Area Req : 1200 - 1500 sq. ft.
SPEED Institute is in the business of providing Coaching and Training to the Students who are aspiring to appear for NEET, AIIMS, JIPMER (MBBS & BDS), IIT/JEE, PG-Medical & Dental – MD, MS, MDS, DNB, FMGE, Super Specialty-MCH & DM and other such Entrance Exams conducted in India for securing admission in Indian Colleges and Universities. They operate many institutes across India under the brand and style named “SPEED Institute”. They provide coaching to students using the latest technologies and digital media like “Live e-Class Room with Two Way Communication”. The various formats of course delivery includes, as of today: (i) Regular Course (ii) Residential Course (iii) Foundation Course (iv) Crash Course (v) Online Course (vi) Satellite Courses, (vii) Online Test Series (viii) Correspondence Course and (ix) App based Courses. These Courses are at present being delivered all across India under a uniform business and course format, specially developed content being delivered by a Team of highly qualified and experienced Teachers.
“SPEED Institute” provides coaching to students using the latest technologies and digital media like “Live Virtual e-Class Room with Two Way Communication”. It proved in the field of Medical and Dental Coaching for the past 17 Years. Being a reputed Institution, it also started the Coaching for the School Students which widens the scope of the Business with low investment. In other words, there is no investment because in the First year itself you can get back your investment with profit.
1. SPEED Institute, located in Chennai, Tamil Nadu was started in the year 2002 by Dr.K.Vinayak Senthil (Cardio Thoracic Surgeon). It has trained more than 1,15,000 (One Lakh Fifteen Thousand) Medical Graduates for all Major Exams like NEET, JIPMER, AIIMS and PGIMER. It also trains Doctors for NEET PG-Medical & Dental, NEET SS-DM / MCH. SPEED Institute has the Complete Solution for NEET UG for MBBS, BDS, AIIMS, JIPMER and IIT/JEE.
2. SPEED Institute has 25 Branches and 650 Satellite Coaching Centres all over India. They operate many institutes across India under the brand and style named “SPEED Institute”. It provide coaching to students using the latest technologies and digital media like “Live Virtual e-Class Room with Two Way Communication”. The various formats of course delivery includes as of today: (i) Regular Course (ii) Residential Course (iii) Foundation Course (iv) Crash Course (v) Online Course (vi) Satellite Courses, (vii) Online Test Series (viii) Correspondence Course and (ix) App based Courses. These Courses are at present being delivered all across India under a uniform course format, specially developed content being delivered by a Team of highly qualified and experienced Teachers.
3. SPEED Medical Village at Kanchipuram is an ECO-Friendly Residential Campus spread over more than 125 acres is one of its kind in India with all Training facilities for NEET, IIT/JEE. It also has another Residential Campus at Mangadu-Chennai with all facilities. Both the Campus are very hygienic with food and accommodation.
4. SPEED Institute is committed to provide High Standard Quality Education through the State of the Art Technology to all the Students. The Tamil Nadu Government has signed a MOU with SPEED Institute for Coaching Classes both in Tamil and English Medium for the Students of Govt. & Govt. Aided Schools. The Coaching Classes were inaugurated by the Hon’ble Chief Minister of Tamil Nadu on 13.11.2017 at Chennai in the presence of the Hon’ble Deputy Chief Minister, Hon’ble Minister for School Education Mr.K.A.Senkottayan and other Council of Ministers. Totally 412 Centres were selected as Minimum One Centre/School for One Block concept. The selection of the Students for this Coaching Classes was based on the On-line registration facilitated by the Government. As of now 73,000 Students are undergoing the Satellite Coaching Classes.
5. SPEED has designed its Courses in a way that the Students choose their mode of learning like Regular Course, Residential Course, Crash Course, Foundation Course, Online Course, Satellite Course, Online Test Series and Learning APP. SPEED has more than 275 expert Faculty members and with their dedication and perseverance, it produces very high success rate. SPEED Institute is determined towards its Goal of achieving 100% success.
|Date Commenced Operations||01/04/2002|
|Date Commenced Franchising / Distribution||2003|
|Want to expand||Pan India|
|Exclusive territorial rights to a unit||Yes|
|Performance guarantee to unit franchisee||Yes|
|Anticipated percentage return on investment||More than 100%|
|Likely payback period of capital for a unit franchise||based on the ability to market|
|Other investment requirements||based on the interest|
|Floor area requirement||1500 Sft.|
|What type of property is required for this franchise opportunity?||Own building is ideal / preferable. Safety & security for the Students is must. Building should have parking facilities for Students.|
|Preferred location of unit franchised outlet||Near by Schools and Colleges|
|Where is franchisee training provided?||First at Chennai|
|Is field assistance available for franchisee?||Yes. Depending on requirement.|
|Will someone from Head Office provide assistance to franchisee in opening the franchise?||Yes.|
|Do you have a standard franchise agreement?||Yes|
|How long is the franchise term for?||First 3 years|
|Is the term renewable?||Yes for another term of 3 years|