SinGem Investors Forum
SinGem Jewelry Education
Dedicated Franchise (DF) Model
City Centers
Under SinGem Khudee
Women Empowerment & Entrepreneurship Development Initiative
Eligibility
Dynamic Women Entrepreneurs looking for full- time Business Opportunity
Part I
Franchisee Investment
A: 500- 800 sq.ft. prime commercial space with center setup
B: Initial Investment: SinGem Value Pack
1. License Fees
Center Type |
SA |
SB |
A |
B |
C |
D |
Investment |
3.5L |
3.0L |
2.5L |
2.0L |
1.5L |
1.0L |
MRV* |
30k |
25k |
20k |
15k |
10k |
5k |
*Monthly Rental Value
2. Center Excellence Model -CEM (Refer Page 3/5 for details): 1.6 Lacs
C: Recurring Monthly Expense (RME) Approximates (in K)
1. |
Office Assistant |
4.5 |
2. |
Peon |
3 |
3. |
SinGem Live |
4 |
4. |
Electricity |
4 |
5. |
Phone + Broadband |
1.5 |
6. |
Recurring Expenses |
7 |
|
Total RME |
24* |
Equal and matching contribution by SinGem to SinGem Live on 50:50 revenue sharing basis.
Recurring Expenses include spendings on CEM Facilities upgrade and maintenance
Part II
CEM Facilities Chart:
1. Jewelog (Max. Allocation: Rs. 250 under CEM)
Initial Investment: Rs. 40,000/- Use: 4 seater reading section with books showcase
2. Permanent Computer Lab (Mandatory for CMF)
Initial Investment: Rs. 48000/- (Setup) Use: 3 computers with broadband
3. Fully Air-Conditioned Facility (Max. Allocation: Rs. 250 under CEM)
Initial Investment: Rs.42000/- (3 ACs) Use: FO: full day, Classes: when running
4.' Free Lab' Zone with fully equipped workstations including separate tools
(Max. Allocation: Rs. 200 under CEM)
Initial Investment: Rs. 18000/- (6 WS) Use: Free lab hours as per student strength
5. Invertor back-up
Minimum 3 hours for a minimum of 6 tube lights, 4 fans and 1 computer, allowing for uninterrupted center functioning. (Mandatory for CMF)
Initial Investment: Rs.12000/- Use: in case of disruption in power supply
Part III
Franchisee Revenue Share (FRS)
Part A Fee Share
FRS as per Fee Plan India 10.3.2010 (Includes CMF calculated @300/ month or 75/week of course duration) View Chart
Part B CEM
Star Ratings- Center Type – Max Slabs*
*As allowed for collecting additional SinGem Gold Charges based upon star ratings
Star Rating |
SA |
SB |
A |
B |
C |
D |
5 |
700 |
600 |
500 |
400 |
300 |
200 |
4 |
600 |
500 |
400 |
300 |
200 |
100 |
3 |
500 |
400 |
300 |
200 |
100 |
- |
2 |
400 |
300 |
200 |
100 |
- |
- |
1 |
300 |
200 |
100 |
- |
- |
- |
Note:
1. Table above represents maximum permissible slabs for raising subscriptions based upon star ratings
2. Star ratings to be updated every month by SinGem based on quality of facilities installed and their maintenance
3. Updated Star ratings to be available to students on www.singem.org
4. Students not willing to partake of above facilities may opt out of same
5. Facilities to be available Monday - Saturday from 9.00 am to 6.00 pm except in case of
circumstances beyond franchisee control
6. Star Rating System may be modified at any time by SinGem at its sole discretion
Part IV
How it Works
Minimum Monthly Admissions Target |
Year 1 |
Year 2 |
Year 3 |
Season-Red |
12 |
14 |
16 |
Season-Green |
10 |
12 |
14 |
Season-Pink |
8 |
10 |
12 |
Season-White |
6 |
8 |
10 |
Season-Yellow |
4 |
6 |
8 |
Season-Brown |
2 |
4 |
6 |
Avg Admissions per Month |
7 |
9 |
11 |
* Season Duration: 2 months
Special Clause
1 seat per batch / available slot for each classroom to be reserved for SinGem Representatives including transfer / corporate students on “NO FRS” basis.
Part V
Functions
Principal
1. Permission for use of Brand names: Sindhar, SinGem for Center
2. Technical know-how for Center
Master Franchisee
| 1. | Faculty/ Technical Staff (including travel, fooding) |
| 2. | Jewelry resources & Diamonds & Gems for class use |
| 3. | Gem & Jewelry equipment and tools for classes |
| 4. | Logistics, IT & Systems support |
| 5. | Ad & Outdoor Promotion |
Franchisee
| 1. | Initial Launch & Press Conference |
| 2. | Initial Investment |
| 3. | Center Rentals |
| 4. | Recurring Monthly Expenses |
| 5. | Center Management |
| 6. | Lodging for visiting faculty (preferably at center) |
| 7. | Local Area Marketing/ Canvassing |