Petals Pre School looks to expand its preschools across India
Petals Pre School is planning to expand its preschools across India. It is a well-recognized accredited pre-school managed by Preeti Kwatra, the founder of a chain of Petals, India’s preschool club.
Petals is an innovative, vibrant, creative and energetic organization where each one of us strives through our practices to wholeheartedly serve children & make every learning moment a joyful, effective & meaningful one.
Avinash Chauhan, Vice president, Petals group of schools, said, “The prospective franchisee needs to have his/her own property or a rented one, stretched in an area of about 1500-2000 sq ft, and an investment of Rs 8-10 lakhs.”
The brand’s vision is to provide a natural, holistic child-centric, nurturing and learning environment that empowers and inspires its students to be conscientious, creative and innovative leaders of tomorrow.
Petals Pre School aims to assure learning experiences that will assist its students to achieve their greatest potential by discovering the joy of learning, awakening and illuminating their intellect in multi-dimensional ways, which enable them to make path-breaking changes in the social fabric of the world.
Current Scenario of Preschool Market in India
The Indian pre-school market has witnessed healthy growth in recent years. This market in India is poised to grow at a CAGR of around 19% during 2019-2024.
The growth of the Indian pre-school market is driven primarily by factors like rising parent awareness for early childhood education and care, coupled with the rising number of nuclear families and working women in the country.
As of 2015, there were 33,000 preschools in the country and the number is growing exponentially. Enticed with such huge potential, entrepreneurs are willing to invest in the preschool market.
Franchising Prospects of Preschool Industry
Franchising is the trend of the hour, and pre-school franchises are gaining tremendous popularity owing to an increase in demand for reputable brands, higher disposable incomes, etc. For a pre-school franchise, you would require a moderate investment with high-profit revenue.
In India, investing in a preschool franchise is one profitable option for investors that are planning to start something of their own. In fact, the preschool education industry is growing by leaps and bounds, which is eventually opening the gate of opportunities for aspiring franchisors.
Since the segment requires lesser regulatory limitations and has a minimal infrastructural requirement, the industry is all set to emerge as one of the profitable education business options in the near time.
Typical Franchise Requirements
The typical investment range to start a preschool franchise is Rs 5 lakhs and can range up to Rs 50 lakhs, with an area requirement starting from 1500-2000 sq ft. The breakeven period in most of the preschool franchises can be expected in 12-24 months.