Mindgym

Business Details

Mindgym is International Kids Library for books, Toys and Library which offers:-
1.BETTER than BUYING
Kids enjoy their toys for a really short time!! And than they lie in the corner. We believe there’s a better way. At Mindgym you play with what you like and when bored, exchange it for a new one.
NO buying, NO wasted money.
2.All under ONE roof
Getting Books, Toys & CDs from different places would be a pain. You will not do it every weekend. We agree. That’s why Mindgym has bought all learning aids under one roof. Books, Toys & CDs – All Together.
3.RESEARCH for you
If something is boring, confusing to find, or a pain to use, it won’t get used. It’s that simple. That’s why we pour so much research into the choice of material and sorting it for you. Our material is the best available. No compromises at all. Try for yourself.
4.Library comes to you
If you need to dress up, struggle with traffic just to reach the library and change books, it is quite a pain. We believe there’s a better way. Mindgym will come to your premise whenever you request a home delivery. You enjoy the time saved with your kids, while we take care of the details.
5.”Late fees” is insulting
No one likes “late fees”. We’re no different. That’s why Mindgym will never charge you a late fee. Read and enjoy at your leisure, and for as long as you want.
6.”Participation Tax” is wrong
Libraries charge you on how many members use their services. We believe this “Participation Tax” is wrong. More participation should not result in higher fees. With Mindgym you pay the same fixed monthly fee, no matter how many children in your family use it. Go on, get everyone involved.

Investment Details

Date Commenced Operations 2007

Date Commenced Frachising / Distribution 2008

Are you looking for Franchise?

Unit

AreaInvestmentFranchise/Brand FeeRoyalty/Commission

Store Wise

Rs. 5lac – Rs. 10lac

200000

20

What areas are available for Unit franchise? International
Nationwide

 

Where are you looking for expansion?

Is there exclusive territorial rightsgiven to a unit franchise? Yes
Are any performance guarantees given to unit franchisees? Yes
What is the anticipated percentage return on investment?
What is the likely pay back period of capital for a unit franchise?
Are there other investment requirements?

Property Details

What type of property is required for this franchise opportunity? 250 sq feet shop
Floor area requirement 250 sq feet . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:

Training Details
Do you currently have detailed Operating Manuals for franchisees? Yes
Where is the franchisee training done? Pune
Is field assistance available for franchisees? No
Will someone from Head Office assist me when I open my franchise? Yes
What IT systems do you presently have that will be included in the franchise? Yes

Other Details