What is NTHRYS Franchise and who can get it?
NTHRYS OPC PVT LTD offers franchise business model to franchise owners to operate / run NTHRYS Franchise at selected locations in India and abroad under FOCO (Franchise Owned Company Operated) model. Any one who has minimum MSc qualification in Life Sciences stream can apply for this. People from non life sciences streams are strictly not considered due to technical and moral values that are followed by NTHRYS management that basically need Life sciences education background to understand or comprehend.
What do franchise owners earn?
- Products pick up point gives 2 - 5% royalty on goods value (excluding GST Cost) when clients choose franchisee locations for pick up points.
- Services (Research Outsourcing services, Content Services, Theoretician Services, Research solutions, Corporate services, Industrial services etc.,) delivery point gives 2 - 5% royalty on services value (excluding GST Cost) when clients choose franchisee locations for receiving deliverables or paying service costs.
- Academic services lab gives 20 - 50% royalty on services ( Projects, Internships, Training and Workshops) value (excluding GST cost) when students or scholars join the franchise for their desired academic service.
What do franchise owners do?
Franchise owners are responsible to monitor each and every non technical activity that is going on in franchise and provide positive environment for staff members to conduct all activities synchronizing with NTHRYS management. Franchise owners should maintain strict inventory, accounts and other logs on daily basis (training will be given).
How much NTHRYS Franchise costs?
- Franchise Fee (Non-refundable): Rs 6,00,000/- (Rs Six lakhs)
- Franchise Investment Fund: Minimum: 8,00,000 /- to Maximum: 20,00,000/- (Based on selected service fields/sectors/departments). This fund will be utilized to install techware, machinery, required infrastructure, front office furniture, chemicals, solutions, reagents, glassware, plasticware, and miscellaneous items. Note: The investment fund is not required or can be reduced below the minimum if the franchise owner already possesses any of the above-mentioned requirements.
- Franchise operational costs deposit (Will be re-embursed on monthly basis after 9th month from the day of commencement of franchise operations to franchise owner): Rs 5,00,000/- (Rs Five Lakhs)
Procedure to apply for NTHRYS Franchise:
- The interested party is advised to initiate a WhatsApp conversation expressing his or her interest in becoming a franchise owner with NTHRYS on +91-9014935156.
- Once it is clear after discussing with the NTHRYS Team, please follow the steps mentioned below.
- Photocopies of the MSc certificate, PAN Card, Aadhar card, 10th class certificate, residential proof (power bill), and parent s Aadhar card.
- The franchise owner applicant is required to provide addresses for two potential franchise locations.
- These locations must strictly adhere to the criteria of being commercial properties with commercial power connections in accordance with the local state government power department rules.
- Additionally, the selected properties should be oriented towards the east, north, or northeast, with good road access and no slum areas in the line of sight.
- A non-refundable Demand Draft (DD) for Rs 5000/- should be drawn in favor of NTHRYS OPC PRIVATE LTD, payable at the Inkollu branch, Account No: 569620110000107, IFSC: BKID0005696, Pin: 523167, Andhra Pradesh.
- Please send the aforementioned prerequisites, along with the non-refundable Demand Draft (DD) for Rs 5000/-, to NTHRYS OPC PRIVATE LTD, Plot No 7, 3rd floor, South Block, Surana circle, IDA, Phase II, Cherlapalli, Hyderabad, Telangana, Pin: 500051.
- NTHRYS Team will synchronize with you and pay a visit to your select location.
- In the presence of Franchise owner applicants notary or lawyer and NTHRYS Legal Counsel, agreement will be signed by franchisee and franchiser.
- Franchise security deposit and operational costs deposit should be transferred to franchiser (NTHRYS) by franchisee (franchise owner) in the presence of the legal teams of both the sides before signing the agreement. Note: Agreement draft can be given to the franchisee before NTHRYS Management pays the visit (after receiving "NTHRYS franchise application with above mentioned DD").
- Timelines and schedules will be given by NTHRYS Team to franchisee after signing the agreements.
- A dedicated Franchise Coordinator will be assigned by NTHRYS to assist franchisee to guide the same regarding every aspect related to operate / run the franchise.