Hello Kids, a Bengaluru based chain of preschools is planning franchise expansion.
Hello Kids, a Bengaluru based chain of pre-schools is planning franchise expansion. Presently, the company is operating through 93 franchised pre-schools across 20 States and all set to take the count to 125 franchised pre-schools across the nation by 2011 end.
With aggressive expansion plans, the company is eyeing a growth of 500 per cent by 2015. As Pritam Agrawal, Director, Hello Kids says, “We expect to have 100 franchisees across the country by December 2010. While we are eyeing a turnover of Rs 10 crore this fiscal, our overall target set is a 500 per cent growth within 2015.”
The company is sure of its success as it runs a no royalty business model, thus has achieved the satisfaction of its existing franchisees.