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How to Start a EuroKids Franchise – Cost, Fee, & Profit

Are you looking for a Pre-school Franchise? Do you run any pre-school in your area? Do you love nurturing kids in a best possible way? Are you looking to grab an opportunity in this Industry? Then, This BLOG is specially for YOU!

In this article, we’ll dive deep into the EuroKids model, including its history, operations, financials, profit, marketing, and challenges – and answer some common questions about the chain.

The article aims to inform potential franchisees about the opportunities and benefits of joining the EuroKids network, and to help them make an informed decision about whether franchising with EuroKids is the right choice for them.

EuroKids Franchise Opportunities
  • Franchise Fee: Rs. 5 lacs
  • Set Up Cost: Rs. 3 lacs – 4 lacs
  • Equipment cost: Rs. 4 lacs – 8lacs
  • Floor area: Min. 1500 sq. ft.
  • Royalty Fee: 20% of Tuition Fee
  • Net Worth: Rs. 50 lacs
  • Available liquidity: Rs. 30 lacs
  • Required Staff Member: Min. 7
  • Agreement Period: Lifetime
  • Total Initial Investment: Rs. 12 lacs – Rs. 15 lacs

Overview of EuroKids Franchise

Overview of EuroKids Franchise

EuroKids is one of India’s leading and rapidly growing chains of preschools, established in 2001 by Prajodh Rajan. Currently, the chain operates over 1,200 pre-schools in 350+ locations in three countries, nurturing more than 5,00,000 children.

Its bold mission to provide high-quality education to young children, with a focus on nurturing and developing their social, emotional, physical, and cognitive skills has allowed the chain to acquire a significant market share in the pre-school industry in India.

Expansion and Growth:

Over the years, EuroKids has expanded its presence across India, opening new centers in major cities and towns. The franchise has also expanded into other areas of education, including daycare and after-school care services, and has been recognized for its commitment to quality education and its innovative approach to teaching and learning.

So, are you willing to take this to next level by grabbing a chance to become a Partner with India’s Leading Pre-school franchise – EuroKids?

EuroKids – The Journey

Their humble beginning started in 2001 with 2 preschool centers to consistently raising the bar for preschool education through innovation and a mindful curriculum, the company has since grown to become one of the leading chains of preschools in the country.

EuroKids is a part of Lighthouse Learning, one of India’s Leading Early Childhood & K-12 Education groups

Key facts about EuroKids

Sr No.TypePrivate
1Trade NameEuroKids – A Part of Lighthouse Learning
Private Limited
2IndustryPre-school and DayCare
3Founded2001
4Founders Or Parent CompanyPrajodh Rajan
5Corporate HeadquartersMumbai, Maharashtra
6Number of locationsOver 1200 preschools in 350+ locations
7Area servedIn 3 Countries
8ModelFOFO – Pre-school
9Service offeringPreschool, daycare and after-school care
10RevenueApprox. Rs. 130.43 Crores in FY20
11Websitehttps://www.eurokidsindia.com/

As per the Economics Times, KKR has acquired over 90% stake in the EuroKids International business for Rs 1,475 crore in 2019.

Why Choose EuroKids Franchise? | Benefits of EuroKids Franchise

There could be several reasons why someone would want to invest in the EuroKids Preschool franchise;

Why Choose EuroKids Franchise?
  1. Established Recognition:
    • One of the key benefits of franchising with EuroKids is access to the brand’s established recognition in the pre-school education sector.
    • It can help attract new students and build a strong reputation for the franchisee’s pre-school.
  2. Proven Business Model:
    • The franchise provides interested applicants will proven business systems, which have been developed and refined over many years of operating pre-schools.
  3. Ongoing training and support:
    • The franchise provides extensive training and support programs, both online and in-person, to ensure the franchisee’s success.
  4. Best-in-class Marketing support:
    • The chain provides franchisees with marketing materials and assistance in building their brand and attracting new students.
  5. Low Startup Cost:
    • The franchise model provides a low-cost entry point into the pre-school education sector.
    • This is especially attractive for individuals who are interested in starting their own business but do not have experience in the education sector.
  6. Awards and Recognition:
    • EuroKids has received numerous awards and accolades for its contributions to the education industry in India, and some of them are;
      • “Best Preschool Chain” from various organizations.
      • Recognition for its innovative curriculum, teaching methods.
      • Technology-driven approach to education

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How much does EuroKids franchise cost?

EuroKids Franchise Cost

The franchise cost or Total Initial setup cost for EuroKids will depend on your location, size, and the extent of renovations required.

Nonetheless, To open a EuroKids franchise, the estimated initial investment ranges from INR 12-15 Lacs with a min floor area of 1500 sq. ft. This includes the franchise fee, training and support, infrastructure, equipment, and marketing costs. Ongoing costs include royalties, marketing fees, and supplies.

EuroKids Franchise Fee

The franchise fee for EuroKids is Rs. 5 lacs + 18% GST.

Type of FeeCost and other details
Franchise FeeRs. 5 lacs
Set Up CostRs. 3 lacs – 4 lacs
Equipment costRs. 4 lacs – 8lacs
Floor areaMin. 1500 sq. ft.
Royalty Fee20% of Tuition Fee
Net WorthRs. 50 lacs
Available liquidityRs. 30 lacs
Required Staff MemberMin. 8
Agreement PeriodLifetime
Total Initial InvestmentRs. 12 lacs – Rs. 15 lacs

Overall, the EuroKids franchise cost in India will be around Rs. 12-15 lacs.

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Is EuroKids Franchise Profitable?

Is EuroKids Franchise Profitable

The profitability of owning a EuroKids pre-school franchise depends on various factors such as location, competition, and effective management of the pre-school.

However, considering the chain’s presence, the expertise of over two decades, low startup cost, moderate ROI, immense training system, best-in-class marketing strategies, and a proven business model, one may anticipate earning an impressive profit margin.

Nevertheless, It’s recommended to thoroughly research and analyze the market and potential competition before deciding to invest in a EuroKids school franchise.

Potential revenue and ROI:

The potential revenue for a EuroKids pre-school business varies depending on location and student enrolment. However, on average, a franchise can generate an annual revenue of INR 20-30 Lakhs. The expected ROI varies but could be around 20-25% of the initial investment.

Operations and Management

Services offered by EuroKids:

  • EuroKids is a leading chain of nurseries and pre-schools in India, providing a comprehensive range of services to young children.
  • The services offered by EuroKids include daycare, nursery, and pre-school services, catering to children from the ages of 0 to 10 years.
  • In addition to these, EuroKids also offers a variety of extra-curricular activities such as dance, music, and sports, aimed at nurturing the overall development of children.

Curriculum and Teaching Methods of EuroKids Franchise

  1. Curriculum:
    • EuroKids follows and offers a child-centered, play-based curriculum that is designed to support children’s overall development.
      • These courses has been designed in such a way that to promote physical, emotional, cognitive, and social growth of children at various stages of a child’s development.
  2. Teaching Methods:
    • These methods include hands-on activities, storytelling, role-playing, and other imaginative play, along with structured lessons and individualized attention to each child.

Technology and Resources Provided to Franchisees

  1. Technology:
    • Offers a proprietary software program that allows the franchisee owner to operate, communicate with parents, and track children’s progress.
    • Franchise partner will also have access to digital learning materials, including interactive educational and video games.
  2. Resources:
    • Includes training and development programs for teachers
    • Ongoing support from a dedicated support team
    • Access to marketing and promotional materials.

Requirements for becoming a EuroKids franchisee:

Eurokids Franchise Requirements
  1. One MUST have a passion for Early childhood education and should dedicate to providing high-quality education and creating a positive learning environment for children
  2. Interested candidates should have the willingness to follow established systems and processes. One should adhere to the company’s standards and policies.
  3. Franchisee should be capable of making a substantial investment in this business and the financial stability to support ongoing operations.
  4. One should be able to hire and manage teachers and other staff members as per the franchise’s standards.
  5. Interested prospects should possess good interpersonal and leadership skills in becoming and operating a EuroKids Preschool franchise.

Maximizing profits with a EuroKids Franchise

Any franchise or brand can attain enormous success, if they have executed proper Marketing and brand awareness programs at right time to their target customers;

These strategies may help the franchise owner in attractive new families to fresh enrollment, increase in brand visibility, and extending the school outreach.

Some of the exclusive strategies are mentioned below;

  1. Marketing Strategies and Campaigns:
    • One of the widely used marketing tactics by several brands.
    • Can be executed through online and offline advertising, social media marketing, email marketing.
  2. Brand Recognition and Reputation:
    • It can be achieved through;
      • Consistent marketing and branding efforts,
      • Providing high-quality education and care services,
      • Building positive relationships with families and the community.
  3. Importance of Community Engagement:
    • Engaging with the local community can help to build strong relationships with families and raise awareness about the EuroKids pre-school.
    • Can be achieved through participating
      • in local events and activities, hosting open houses, and promoting the pre-school through community outreach efforts.

Common challenges/risks associated with EuroKids franchises and their Solutions

Starting and running a successful franchised EuroKids pre-school can come with its own set of challenges and risks.

Challenges/Risks:

  1. Common Challenges faced by Franchisees:
    • Competition from other pre-schools
    • Difficulty in attracting and retaining students
    • Managing costs
    • and complying with regulations
    • Effective Marketing Strategies

Solutions:

  1. Mitigating Risks and Ensuring Success:
    • To mitigate the risks and ensure success, the franchisees can take various steps such as thorough several strategies mentioned below;
      • Market research and analysis
      • Effective marketing and community outreach efforts
      • Providing high-quality education and care services
      • Closely monitoring financial performance.

Nonetheless, It’s also important to have a solid business plan in place, regularly review and evaluate performance, and make necessary adjustments to ensure continued success.

Additionally, franchisees can also take advantage of the support and resources provided by the EuroKids to address challenges and ensure the success of their preschool.

What are the Support offered by EuroKids?

  • Infrastructure & Ambience Design
  • Furniture & Equipment
  • Researched Curriculum
  • Teaching Aids
  • Business Management Portal
  • Teacher Training & Skill Updating
  • Marketing & Operational Support
  • Lead Management Support

How to Get EuroKids Franchise?

Becoming a EuroKids partner involves the following steps:

  1. Research and due diligence:
    • Research extensively about the pre-school education market and the competition, as well as the EuroKids pre-school franchise opportunity. It will help you to determine if it is a good fit for you and your business goals.
  2. Contact EuroKids:
    • Fill out the franchise inquiry form on the EuroKids website or contact the franchisor directly to express your interest in getting a franchise.
  3. Initial screening:
    • EuroKids will conduct a preliminary screening to determine if you meet the basic requirements for a franchisee, such as prior business experience and financial stability.
  4. Application and review:
    • After clearing the initial screening, you will be asked to complete a formal application and submit it to EuroKids for review. This may include providing information on your background, business experience, and financial status.
  5. Franchise Agreement:
    • If your application is accepted, EuroKids will provide you with a franchise agreement, which outlines the terms and conditions of the franchise relationship. This is a legally binding document, so it’s important to carefully review and understand it before signing.
  6. Training and support:
    • EuroKids provides comprehensive training and support to its franchisees, including initial training, ongoing support, and access to marketing and advertising resources.
  7. Launch and operation:
    • Once the franchise agreement is signed and training is completed, you can start setting up your EuroKids pre-school. You will be provided with ongoing support and guidance to help you operate your business effectively and achieve success.
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Final Takeaway

EuroKids is a well-established chain of pre-schools in India with a history of providing high-quality education and care services to young children. The company offers franchise opportunities to individuals interested in starting their own pre-schools and has been growing steadily over the years.

However, considering the chain’s expertise of over 21 yrs, affordable pricing, access to cutting-edge technology, largest franchisee network, global presence, extensive training and support program, and low-cost franchisee setup aids an extra advantage for the new franchisee unit holder.

With an Initial investment of Rs. 12 lacs – Rs. 15 lacs for a carpet area of 1500 sq. ft. , EuroKids chain may offer an outstanding profit margin to its stakeholders and one may anticipate a ROI of over 20-25% of their initial investment.

Nevertheless, assuming the staggering demand for pre-schools and early childhood education, EuroKids is well positioned to capitalize on this trend. It can be certainly rewarding and profitable business opportunity for the passionate and entrepreneur like YOU.

The Bottom line – In case you are interested in the Pre-school industry and want to take advantage of the opportunity with a minimum investment, then you can start an EuroKids franchise in India. With its immense legacy, expertise, and robust supply chain, one may experience stable and steady growth in their entrepreneurial journey.

So, what are you waiting for? Go and start your entrepreneurial journey with EuroKids!!

Good Luck!! Happy Franchising!!

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FAQ

  1. How much does it cost to start a EuroKids franchise?

    Ans: To Start a EuroKids Pre-school, one would certainly require an investment of Rs. 12 lacs to Rs. 15 lacs. This investment includes franchise fee, equipment cost, marketing fee, and other necessary expenses.

  2. Is preschool franchise profitable in India?

    Ans: Preschool franchise can be profitable in India if it is well-managed and located in an area with high demand for preschool education.
    However, profitability can be influenced by factors such as competition, marketing efforts, operating costs, and local regulations. It is important to conduct thorough market research and financial analysis before starting a preschool franchise in India.

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