FASA FRANCHISE MEMBER INFORMATION

Company Name
Innovatus Campus (Pty) Ltd
Category
Childcare, Education and Training
Region
KwaZulu-Natal
Tel
083 456 5270
Fax
086 551 00 11
Email
Website
Contact Person
Kay Naidu
Postal Address
P O Box 1627, Verulam, 4340
Opportunities
There are over 100 identified locations throughout all 9 provinces of South Africa and the SADC regions. Locations not appearing on our own listing will also be considered subject to appropriate motivations from the prospective franchisees.
History
Innovatus FET College, established in 2009, has 3 company owned sites and 5 franchised sites. The Innovatus Franchise Model is strategically priced at 50% of what a new college owner would invest in starting from scratch. Therefore, the Innovatus Franchise is the only value-added educational franchise brand in South Africa and is set for exponential growth over the next 5 years.
Activities
Private Education.
Profile
The Innovatus Franchise would suit individuals who are professionally qualified and or have suitable business / academic experience and want to dominate their local town / city and be suitably networked. They should have a passion for education and also serving student needs. Prospective franchisees should have a minimum of R 1,2 million available (includes working capital) and should be acceptable to psychometric testing; credit and criminal checks.
Training
Comprehensive training is provided on start-up of the franchise and ongoing training is provided throughout the year for various accreditation and registration criteria.
Financial
Upfront fee R 150 000.00; + - Approximate establishment cost R 692,000; Working capital (WC) R 250,000; Total investment R 960 000 including VAT; Franchisee minimum own cash (before loan) R 500 000; Management services fee 10%; Advertising/marketing fee contribution 2%; Total fees 12%.
Membership #
F12/0655