Foster Genius Franchise Foster Genius is the initiative of the "IHT Network Limited", an ISO certified, professionally managed public limited, one the fastest growing company in the early childhood & K-12 education domain. IHT Group, 12 year old (incepted in year 2003) renowned educational group of companies, know for it quality & commitment in different field of education. Genius explains the deeper meaning behind music. Founded in 2009, Genius is a unique media company that’s powered by community, our in-house creative team, and the artists themselves. We serve music knowledge to over 100 million people each month on Genius.com and everywhere music fans connect across the internet. Genius started as a platform for annotating clever rap lyrics—our original name was Rap Genius. Over the years, we’ve expanded our mission to include more than hip-hop, and more than just lyrics. Every song has a story that needs to be told, and the biggest names in music—including Kendrick Lamar, Ariana Grande, and Lin-Manuel Miranda—come to Genius to give the world insight into their art. The Genius community has grown into an influential force of over 2 million contributors, editors, and musicians who sign up to discuss and deconstruct their favorite songs with fans all around the world. As a result of their collective music IQ, we have the best lyrics and knowledge database on the internet—that’s over 25 million songs, albums, artists, and annotations. The in-house creative team at Genius spotlights the stories behind the music that matter most. They work with artists and the community to transform insider knowledge into videos, in-depth features, breaking news coverage, and a variety of music knowledge content for the masses. Read the Franchise requirements below and become a Franchisee today.
Commenced Dates
Date Commenced Operations | 2013 |
Date Commenced Franchising / Distribution | 2013 |
Franchise Details
Units
Area | Investment | Franchise/Brand Fee |
Royalty/Commission |
Store Wise | Rs. 50 K - 2lac | Nill |
Master / Multi Units
Area | Investment | Unit/Brand Fee | Master/Brand Fee | Royalty/Commission |
Region Wise | Rs. 20lac - 30lac | |||
State Wise | Rs. 2lac - 5lac | |||
City Wise | Rs. 50 K - 2lac |
Expansion Locations
North | North, New Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttaranchal, Uttar Pradesh |
South | South, Kerala, Karnataka, Tamil Nadu, Andhra Pradesh |
East | East, Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa |
West | West, Gujarat, Rajasthan, Maharashtra, Goa |
Center | Central, Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand |
Union Territories | Union Territories, Andaman & Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu |
Franchise Details (Optional)
Want to expand | International, Nationwide |
Exclusive territorial rights to a unit | Yes |
Performance guarantee to unit franchisee | Yes |
Anticipated percentage return on investment | 200 |
Likely pay back period of capital for a unit franchise | 3 - 5 Month |
Other investment requirements | No |
Detailed operating manuals for franchisees | Yes |
Where is franchisee training provided? | Delhi |
Is field assistance available for franchisee? | Yes |
Will someone from Head Office provides assistance to franchisee in opening the franchise? | Yes |
What IT systems do you presently have that will be included in the franchise? | Yes |
Type of property required for this franchise opportunity | Residential |
Floor area requirement | 100 - 250 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.) |
Preferred location of unit franchised outlet | Residential |
Do you have a standard franchise agreement? | Yes |
How long is the franchise term for? | 5 years |
Is the term renewable? | Yes |
Category : Education
Area Req : 100 - 250 Sq. Feet
Franchise Outlets : Less than 10
Investment: Rs. 50 k - Rs. 20 Lac