
Mastermind Abacus Franchise
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)
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
- 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
- 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.
- Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
- 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 franchisorCovers franchisee kit, marketing kit, teacher training and kit, Lingo Bingo, digital platform and business training.
Same inclusions as the Standard Plan.
FAQ says renewal is subject to the applicable terms and processing fee; amount not published.
The page says these centre expenses are not covered by the fee; no amounts are published.
Total excludes 2 charges whose amount Mastermind Abacus doesn't disclose.
Ongoing charges
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.
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.
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 figuresHow 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 specifiedContract Duration
5 yearsRenewal Available
YesTerritory 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.
Why invest in Mastermind Abacus?
Mastermind Abacus by the Numbers
As stated by the brand1,000+ across 17 countries (brand claim; no public locator to verify)
Centres · 2026-11-10
Brand claim500,000+ (brand claim)
Student registrations · 2026-11-10
Brand claim10 levels of about three months each, ages 6-14; Lingo Bingo for ages 5-6
Course · 2026-11-10
Brand claimCompany 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 timelineShowHide
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
Mastermind Abacus Timeline
2005
Brand says Mastermind was founded in Indore (company-data mirrors show the company incorporated 16 Aug 2004)
FranchiseChuno Analysis
Our analysis of verified dataHow 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.
- 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.
- 2Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
- 3Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.
- 4Ask whether you get an exclusive territory, and how large it is.
- 5Have a lawyer review the franchise agreement before paying anything.
- 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 whatShowHide
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
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
Training Programme
Ongoing Support
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 wentFrequently Asked Questions
What training does Mastermind Abacus provide?
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