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SportyBeans, a program which engages pre-school and primary school kids to sports, is all set to embark its presence for the first time in Bangalore via franchising. The company also plans to sign up at least 50 centres in the next two years, with average enrolment strength of 40-60 kids. SportyBeans presents a low investment and high return business model that requires a maximum of three to four hours per day at the upper end of the learning curve. The area requirement for the SportyBeans franchise is approx. 1,500 sq.ft with an investment of Rs 5-7 lakh. SportyBeans currently has seven centres across four cities in India.
Karan Sareen, Director – Projects, SportyBeans opined, “Apart from being a high potential business, the sense of fulfilment that comes from making a positive impact on a kid's future is the most striking aspect of the SportyBeans franchise opportunity. Our aim is to transform many lives across the Indian landscape, by introducing its development physical fitness and sports program to as many kids as possible.”
The pre-school industry with a current estimated size of Rs 7,000 crore is expected to top $ 1 billion by 2012, clocking a growth of over 28 per cent per year. There is a huge growth opportunity in the sector and SportyBeans have scaled up their operations through the franchise route. With the guidance of Franchise India, SportyBeans has chosen to focus on franchising their program all across India.
