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Mastermind Abacus

Mastermind Abacus Franchise

Education & TrainingEst. 2005Indore, Madhya Pradesh

Abacus centres run by Master Mind Tutorials, Indore. Fee Rs 64,900 or Rs 82,600 incl. GST by city, zero royalty claimed; total cost and annual fee not published.

Mastermind Abacus franchise at a glance (terms checked Nov 2026)

Taking franchiseesModels: UnitTerms checked Nov 2026

Investment

Not published

The brand doesn't publish its investment · incl. fee, GST · excl. fit-out, equipment, working capital, rent deposit

Ongoing take

0%

of none · In line with the category (typical 0%–0%, median 0%, 5 verified brands)

Franchise fee

No franchise fee

Franchisee fee - Standard Plan (incl. GST): ₹65K · Franchisee fee - Metro & Tier 1 (incl. GST): ₹83K · Renewal processing fee applies (amount not disclosed) · Rent and deposit, furniture, computer and internet, staff salaries, local marketing applies (amount not disclosed)

Payback

Not published

FranchiseChuno ScoreNot scored yet — 28% of data verified
  • Company standing: Active and up to date with the registrar
  • Ongoing take: No royalty

Outlets

Not published

What we couldn't verify

  • • Outlet closures
  • • Franchisee satisfaction
  • • Disputes with franchisees
  • • Profit or loss

Ask before you sign

  1. Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
  2. Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
  3. Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.

Franchise terms checked against Mastermind Abacus's official franchise page on 12 Nov 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.

Investment Breakdown

Per franchisor
Franchisee fee - Standard Plan (incl. GST)
₹65K

Covers franchisee kit, marketing kit, teacher training and kit, Lingo Bingo, digital platform and business training.

Franchisee fee - Metro & Tier 1 (incl. GST)
₹83K

Same inclusions as the Standard Plan.

Renewal processing fee
Amount not disclosed

FAQ says renewal is subject to the applicable terms and processing fee; amount not published.

Rent and deposit, furniture, computer and internet, staff salaries, local marketingWorking capital
Amount not disclosed

The page says these centre expenses are not covered by the fee; no amounts are published.

Disclosed so far (not the full cost)₹1.48 L

Total excludes 2 charges whose amount Mastermind Abacus doesn't disclose.

Ongoing charges

Annual fee · The investment page says an annual fee applies; the amount is not published.Amount not disclosed
Ongoing Royalty / Revenue ShareBrand states a zero-royalty model: no royalty or percentage on student fees. An annual fee also applies (amount not published).

Model your own numbers in our calculator

Open the ROI calculator

* Breakdown as published by Mastermind Abacus. Mastermind Abacus confirms 3 charges without disclosing the amount — get it in writing before you pay.

Ways to Partner with Mastermind Abacus

2 partner models published by the brand. Figures it doesn't publish are left blank.

Unit franchise

Standard Plan

Investment
₹0
Space
600 sq ft – 800 sq ft
Fee
₹65K
Royalty / margin
Zero royalty claimed; partner keeps student fees (annual fee applies)
Territory
Area protection as per agreement
Who it suits
No prior abacus experience needed; one trained instructor; PC/laptop with webcam, mic and internet

Fee (Rs 64,900 incl. GST) depends on city; total opening cost not published.

Unit franchise

Metro & Tier 1 cities

Investment
₹0
Space
600 sq ft – 800 sq ft
Fee
₹83K
Royalty / margin
Zero royalty claimed; partner keeps student fees (annual fee applies)
Territory
Area protection as per agreement
Who it suits
Same training, kits and platform as the Standard Plan

Fee Rs 82,600 incl. GST. Brand defines the plan by city size; which towns count as Metro & Tier 1 is not listed.

Unit Economics

Brand's own figures

How Mastermind Abacus says an outlet's numbers work. These are illustrations, not guarantees — check them against existing franchisees before you sign.

Standard Plan

Illustrative break-even for a rented centre where the franchisee teaches and managesIllustrative, not a promise of income (the page says so). 60 to 70 students said to move a centre well beyond break-even.
25 – 30 students

Reputation & News

What the press, courts and real franchisees or customers have said about Mastermind Abacus — summarised by us, with every source linked.

  • In the news· 2026-11-10

    Company-data mirror shows a revenue range under Rs 1 crore and a negative margin on March 2022 numbers (filing not read)

    Tofler's free summary for Master Mind Tutorials Private Limited gives its operating revenue range as under INR 1 crore for the year ended 31 March 2022, and, on its March 2022 numbers, total revenue down 59.16%, book net worth down 465.8% and a net profit margin of -265 in its ratios table. InstaFinancials shows a later balance sheet (31 March 2024) was filed, so newer accounts exist that we have not read. The figures may not cover the whole brand network, so treat this as a prompt to ask for audited accounts, not a finding.

    Source: Tofler company page (free summary; MCA21 not read)

Key Terms at Mastermind Abacus

The clauses that shape day-to-day running and your exit — read these before the fee.

Renewal
The franchise agreement is generally valid for five years and may be renewed by mutual agreement, subject to the applicable terms and processing fee.
Territory
Area protection is provided as per the franchise agreement, subject to availability in your city.
Payments to the brand
Franchise partners collect fees directly from parents; the ERP records receipts.

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

Agreement Type

Not specified

Contract Duration

5 years

Renewal Available

Yes

Territory Exclusivity

—

Non-Compete Clause

—

Exit Clause

—

Who Can Apply for Mastermind Abacus

Conditions the brand sets for partners, and the licences the business needs.

  • Space: Minimum 600-800 sq ft (brand wording)Required
  • Instructor: At least one trained instructor; the owner can be the instructorRequired
  • Hardware: PC/laptop with webcam, mic and high-speed internetRequired
  • Experience: No prior abacus or teaching experience required; training providedPreferred

About the Brand

Brand USP

A zero-royalty abacus franchise with a published city-wise franchisee fee, per the brand's own pages.

Parent CompanyMaster Mind Tutorials Private Limited
HeadquartersIndore, Madhya Pradesh
Mastermind Abacus is an abacus and mental-arithmetic education brand run from Indore by Master Mind Tutorials Private Limited, which the brand's own pages describe as a company founded in 2005 that teaches children aged 6 to 14 (a 10-level course of about three months per level) and runs a game-based Lingo Bingo programme for ages 5 to 6. The brand says its network has 1,000+ centres in 17 countries and 500,000+ student registrations; it publishes no centre locator, so we could not count outlets ourselves and show these as brand claims. The franchise pages publish a franchisee fee that depends on the city: Rs 64,900 (Standard Plan) or Rs 82,600 (Metro & Tier 1), both inclusive of GST (checked Nov 2026). The fee covers a franchisee kit, marketing kit, teacher training and kit, the Lingo Bingo programme, the ERP/student app and business training. The brand states a zero-royalty model (franchise partners keep 100% of student fees), a space of 600-800 sq ft, one trained instructor, 1-2 staff, a 6 to 8 week set-up, and an agreement that is generally valid for five years and renewable by mutual agreement subject to a processing fee. What to watch: the page says the fee does not cover rent and deposit, furniture, computer and internet, salaries or local marketing, so the total cost of opening is not published, and it says an annual fee also applies without giving the amount. Renewal processing fee, area-protection terms and the exact fee for your town are given only on request. Returns are illustrative: the ROI page says a rented centre where the owner teaches can break even with 25 to 30 students and states this is not a promise of income. A company-data mirror (not the filing) shows the franchisor's operating revenue range as under Rs 1 crore for the year to 31 March 2022, with a negative profit margin on its March 2022 numbers; we could not reconcile this with the claimed 1,000+ centre network, and we have not read the filings or newer accounts.

Why invest in Mastermind Abacus?

- The brand's investment page lists a franchisee fee of Rs 64,900 (Standard Plan) or Rs 82,600 (Metro & Tier 1), inclusive of GST, covering kits, teacher training, ERP/app and business training (Nov 2026). - Mastermind says it charges no royalty on student fees, so partners keep 100% of fees collected (brand claim); it also says an annual fee applies, amount not published. - Space need is 600-800 sq ft with 1-2 staff and a 6 to 8 week set-up, per the franchise page (brand claim).

Mastermind Abacus by the Numbers

As stated by the brand

1,000+ across 17 countries (brand claim; no public locator to verify)

Centres · 2026-11-10

Brand claim

500,000+ (brand claim)

Student registrations · 2026-11-10

Brand claim

10 levels of about three months each, ages 6-14; Lingo Bingo for ages 5-6

Course · 2026-11-10

Brand claim

Company Health Check

What Mastermind Abacus's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.

Status with the registrar
Active
Paid-up capital
₹20 L

Source: Tofler and InstaFinancials mirrors (MCA21 not read); InstaFinancials shows the balance sheet last filed for 31 Mar 2024 (checked 2026-11-10)

Full company recordsFinancials year by year, registered details, leadership and timelineShow

Company Profile

The legal entity behind the brand, its leadership, and its official channels.

Registered name
Master Mind Tutorials Private Limited
Company type
Private limited company
CIN
U80903MP2004PTC016850
Incorporated
2004-08-16
Headquarters
Indore, Madhya Pradesh

Leadership

  • NNaveen ChowdhariFounder and Director (per the brand's about page)

Social presence

FacebookInstagramYouTubeX

Company details source: Three company-data mirrors (Tofler, InstaFinancials, IndiaFilings) agree on this CIN, name and incorporation date (16 Aug 2004); MCA21 was not read. The brand's terms page prints the company name as 'Master Mind Tutorials Private Limited'.

Mastermind Abacus Timeline

  1. 2005

    Brand says Mastermind was founded in Indore (company-data mirrors show the company incorporated 16 Aug 2004)

FranchiseChuno Analysis

Our analysis of verified data

How Mastermind Abacus looks once the numbers are checked side by side.

  • •Investment below the Education & Training medianMidpoint ₹0 L vs a category median of ₹17.5 L across brands on FranchiseChuno.
  • ✓Brand operating for 21 yearsFounded in 2005. The brand doesn't state when franchising began.

Data completeness

64%

  • ✓ Terms checked against the brand's own page
  • ✓ Published investment (not an estimate)
  • â—‹ Franchise fee
  • ✓ Royalty
  • â—‹ ROI or payback claim
  • ✓ Agreement term
  • ✓ Training details
  • â—‹ Outlet cities verified
  • â—‹ Company financials
  • ✓ Legal entity
  • ✓ News & public opinion checked

Ask Before You Sign

Questions tailored to what Mastermind Abacus does and doesn't publish.

  1. 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
  2. 2Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
  3. 3Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.
  4. 4Ask whether you get an exclusive territory, and how large it is.
  5. 5Have a lawyer review the franchise agreement before paying anything.
  6. 6Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShow

Operations Required

What you'll need on the ground to run this franchise day-to-day.

Area Required

600 - 800 sq ft

Staff Needed

1 - 2 people

Setup Time

—

Owner Involvement

—

Best Locations

Not published

Business Type

Not published

Training & Support

What the brand provides to help you launch and run your franchise.

Operations Manual

Step-by-step playbook for running the outlet

Not published

Supply Chain Support

Vendor sourcing, inventory & logistics

Not published

Technology / POS

Billing, inventory, and management software

Not published

Marketing Support

National & local marketing campaigns

Not included

Launch Support

Pre-opening setup and grand-opening assistance

Not published

Ongoing Field Support

Regular visits and operational coaching

Not published

Training Programme

Teacher training across all 10 levels, the Lingo Bingo programme, teaching method, classroom management, ERP use, plus business training in counselling, lead handling, demo classes and marketing; refresher training is said to continue after launch.

Ongoing Support

Marketing kit and creatives, school tie-up proposals, site-selection and layout guidance, ERP/LMS and student app, state/national/international competitions (brand claims).

What Mastermind Abacus franchisees say

We haven't yet heard from enough Mastermind Abacus franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.

I run a Mastermind Abacus outlet — share how it went

Frequently Asked Questions

What training does Mastermind Abacus provide?
Teacher training across all 10 levels, the Lingo Bingo programme, teaching method, classroom management, ERP use, plus business training in counselling, lead handling, demo classes and marketing; refresher training is said to continue after launch.

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