FIITJEE (Forum for Indian Institute of Technology – Joint Entrance Examination) is a premier coaching institute founded in 1992, highly regarded for its IIT‑JEE, NEET, Olympiad and school-level programs. While FIITJEE once had a mix of corporate-owned and franchised centers, its formal franchise program today is limited to large-format initiatives like FIITJEE Global School, FIITJEE World School, and Junior College programs.
According to FIITJEE’s own franchise site, it is offering these premium opportunities to select entrepreneurs with “world-class centres” from 20,000 to 90,000 sq ft and investment capability starting from ₹15 crore per centre.
💵 Investment Breakdown
1. Application Fee
- To begin, a non-refundable ₹51,000 application fee per city is charged via FIITJEE’s applicant portal.
2. Franchise Fee
- Initial franchise/license fees range between ₹15 lakh and ₹30 lakh, depending on city size and market demand.
3. Infrastructure & Setup
- Required space: 3,000 to 5,000 sq ft for a standard coaching centre; premium school formats require 20,000–90,000 sq ft.
- Classroom and admin space furnishing: ₹15–25 lakh; reception, counselors, air-conditioning: ₹5–10 lakh.
- Premises rental:
- Tier‑1 cities: ₹1 lakh–₹3 lakh/month
- Tier‑2/Tier‑3: ₹50,000–₹1.5 lakh/month.
4. Licensing & Permits
- Trade license: ₹10k–₹25k; GST: ₹10k–₹15k; local approvals: ₹20k–₹50k.
5. Faculty Training & Salaries
- FIITJEE mandates certified teacher training: ₹2 lakh–₹5 lakh annually.
- Monthly teacher salary range: ₹20,000 to ₹1 lakh based on qualification and experience.
6. Marketing & Working Capital
- Local promotional campaigns: ₹5 lakh–₹10 lakh.
- Working capital cushion: ₹10 lakh–₹15 lakh.
Total Estimated Investment
- A standard coaching centre usually needs ₹50 lakh to ₹1 crore upfront.
- Premium educational campuses/schools can require ₹15 crore+ per centre.
Revenue, ROI & Profitability
Revenue Potential
- A properly located FIITJEE centre could generate ₹1–5 crore annually, depending on enrolment volume and fee levels.
Profit Margins
- Net margins typically fall between 30–40%, though this depends on scale, staff costs, and occupanc.
Break-even Timeline
- Most centres recover investment in 1.5 to 3 years, assuming strong enrolment numbers and operational discipline.
📝 Application & Eligibility Criteria
FIITJEE follows a six-step rigorous franchise selection process:
- Select city/state and pay application fee
- Complete detailed application including business plan
- Create a legal entity exclusively for the franchise
- Attend a Franchise Team presentation and a 30‑min one-on-one pitch
- Sign Franchise Agreement upon selection and pay initial fees.
Ideal candidates:
- Must demonstrate strong financial capacity for infrastructure and operations.
- Should have access to prime real estate approved by FIITJEE.
- Are expected to be visionary leaders with local reputation and management capabilities.
✅ Final Verdict: Is FIITJEE Franchise Worth It?
✔️ Advantages
- Powerful brand association with proven IIT‑JEE track record
- Robust curriculum support, student analytics, marketing, and infrastructure framework
- Recurring annual enrolment cycles provide predictable revenues.
❌ Risks to Weigh
- High initial investment (₹50 lakh–₹15 crore)
- Reliance on brand credibility amid recent shutdowns and scandals
- Strict franchise selection and operational expectations
- Market competition from established players like Allen, Aakash, Resonance
Conclusion
For entrepreneurs with capital, real estate access, and a vision to lead premium education in their cities, a FIITJEE franchise—particularly the Global School or Junior College model—offers strong long-term potential. However, given the recent closures, faculty disputes, and legal controversies, prospective partners must conduct rigorous due diligence and possibly have alternative strategies in place.