Wow Kids Franchise: Cost, Profit Margin in 2024

Wow Kids franchise is one of the best Pre School franchises in India. We will discuss Wow Kids Franchise Cost, Profit, Review, and How to Start the franchise.

Starting in 2003, The franchise has 50+ outlets in India. You can directly enroll for the Wow Kids Franchise by filling up the form on their website or the Google Form given on this website.

Wow Kids Franchise Cost

Wow Kids Franchise Cost ₹1,99,000 Rupees as an initial investment Pre-School. The minimum area required is 1500 Square Feets.

The Franchise Fee charged by the brand is included in the total Investment. The franchise agreement will be for 3 Years. The Franchise Fee every year after 3 Years is 54,000 Rupees. Branches with less than 20 kids will not be required to pay franchise fees.

Other Investments include Branding, Setup, and Interior Cost. The total Investment will be around 2.5-3 Lakh Rupees.

Training Cost is included in the package and max upto 6 teachers and 2 owners can attend the training program same Dates will be finalized by Head Office.

STUDENT KIT 2024 (INCLUDING SCHOOL APP)-

Play Group= 3350 Rupees
Nursery= 3450 Rupees
LKG/UKG= 3600 Rupees per Kit (All Inclusive GST)

1 Student Kit Includes: 1 School Bag, 1 Uniform Set, 1 Book Set, Activity Books, Set of Copies, 1 Scrap Book, 1 School Diary, Certificate 1, Certificate 2, 1 Report Card, 1 Photo ID Card, 1 Photo ID Card Holder, 1 Lanyard, 1 Birthday Card.

  • The expected Return on Investment is 1 Year.
  • The brand promotes guidance of site selection through mobile and Whatsapp as it requires both time and money.
  • Franchises may charge a minimum of 3800 Rupees Kit from their admissions.
  • Initially Franchise needs to Buy 40 Student Kits (10 of each class)
  • School App Usage is free for Branch Heads & Teachers

Benefits-

  • Standard Operating Procedure
  • Affiliation Support
  • Lifetime Training
  • Teaching Methodology
  • Marketing Support
  • Syllabus and Curriculum

Wow Kids Franchise Profit

We will analyze Wow Kids Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales.

We are assuming Sales of 2,50,000 Rupees per month or 30,00,000 Rupees per year. The best part is that there is no Royalty and no profit sharing for lifetime.

ParticularsAmount
Gross Sales2,50,000 Rupees
Rent(70,000) Rupees
Electricity and Water Supply(15,000) Rupees
Salary of Workers and their Expenses(65,000) Rupees
RoyaltyNil
Other expenses for Students
(Like Student Kits)
(50,000) Rupees
Net Profit50,000 Rupees

We can conclude that the Profit Margin of the Wow Kids Franchise is 20% for Sales of 5,00,000 Rupees. The outlet may have less profits in the initial days but the school will gain high popularity eventually and will have great demand in the market.

After good Local Marketing and Branding, the Sales will increase to 4 Lakh Rupees per month and the profit margin will be 37% on Sales or 1,48,000 Rupees.

Location is crucial in determining a franchise’s success rate along with quality and service.

The location should have a very high footfall. It should be in the main market of that area. A corner outlet is the most preferable option.

You can open the outlet nearby colleges, corporates, or any place where people love to have Preschools.

How to get Wow Kids Franchise?

To get the Wow Kids Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.

Thanks for reading the blog, If you have any queries regarding the franchise then you can ask me in the comment box or on my
Instagram- https://www.instagram.com/franchise.information/

For more such informational franchise blogs, you can check our franchise review list here- https://aftercolleges.com/category/franchise-business

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