Franchwise, the largest consulting company in the field of franchises, announces the expansion of its partnership with Logiscool Romania, the largest educational franchise in the country specialized in programming and robotics courses for children and teenagers, through which it aims to develop the Logiscool network with 10 more new units in the next two years, including entering the market in the Republic of Moldova.
To expand the franchise, Logiscool aims to open centers in cities where it is not present, including Botoșani, Piatra Neamț, Roman, Slatina, Slobozia, Focșani, Onești, Călărași, but also to enter the market in the Republic of Moldova, with the first opening in Chisinau . At the same time, the company aims to strengthen the network in several cities where it is already located, including Brașov, Oradea, and Iași, with the opening of the second Logiscool educational center.
“Franchwise assisted the entry of the international Logiscool franchise on the Romanian market, subsequently contributing to the scaling of the business up to 50 centers throughout the country. We are happy to announce the continuation of this strong partnership with Logiscool, the largest network of educational centers in the field of IT in Romania and one of the main educational centers at the international level, through which we offer all the support and know-how necessary to achieve the expansion objectives in Romania. Technology education and skills development are crucial for children and young people in an ever-evolving world. Over the years, Logiscool has demonstrated that it offers an innovative and relevant approach to the development of these essential skills and, at the same time, opens up new opportunities for entrepreneurs who want to get involved in education”, says Raluca Voicu, co-founder of Franchwise.
In the last three years, interest in education franchises has increased by over 30%, with Logiscool remaining one of the main franchising options at the moment, enjoying a market-leading position. The investment in a Logiscool programming educational center varies between 35,000 euros and 65,000 euros, depending on the area of the center, an area of 80 sqm-150 sqm being required. The cost includes the franchise fee, center fit-out and equipment costs, and working capital for the first operational months.
“Franchwise, with its extensive experience and expertise in consulting for franchises, is a reliable partner for Logiscool in the process of expanding and developing the network of franchisees at the regional level. We are certain that through Franchwise’s expertise, we reach the right franchise partners and achieve our business goals. And expanding the Logiscool network by 10 more units in the next two years is a realistic plan and we are confident that we will achieve it. We are delighted that the continued partnership between Franchwise and Logiscool brings with it significant opportunities for local entrepreneurs who want to develop their own business in the field of education and technology”, says Dana Bănică, Logiscool Romania master franchise partner.
How to access a Logiscool franchise
A future Logiscool partner needs an equity capital of at least 10,000-15,000 euros to invest (the rest being covered by funding sources) and must be involved in the day-to-day activity of the educational center. The future Logiscool center will be selected with the support of Logiscool and must be located in the city center and close to schools, with quick access to parking and public transport. The ideal area for a Logiscool center is between 100 sqm and 120 sqm.
“Future Logiscool franchisees must be passionate people and willing to contribute to the growth of the educational environment in Romania for children. In the future franchisee, we are not looking for programming skills and they do not have to have experience in the IT field, but it is very important that they have skills in the area of customer service, as the customers of our centers are both parents and children”, says Dana Bănică, Logiscool Romania master franchise partner.
In order to achieve success, Logiscool offers future franchise partners training (selection and team training of trainers, marketing, and sales) and operational training, currently, Logiscool Romania has a team of over 5 business consultants for the franchise network.
Logiscool has a network of more than 60 educational centers in Romania, bringing together an active community of more than 10,000 children participating in courses every month. Internationally, Logiscool has more than 170 centers in 35 countries, with a total of more than 185,000 students.
About Franchwise
Established in 2011, Franchwise is the largest consulting company specialized in the field of franchises in Romania, contributing to the development of the Romanian entrepreneurial environment. To date, Franchwise has helped over 60 companies in Romania to expand through the franchise system and has developed over 300 franchise projects in the market, total investments of over 22 million euros, helping entrepreneurs to invest in the right franchise and to value in the business environment. Franchwise is also involved in the development of international projects in Romania, such as Logiscool, TUI Travel, Ethan Allen, Sacoor Brothers. To support entrepreneurs and future entrepreneurs to grow their businesses, Franchwise has developed franchising courses for franchisors and franchisees, attended by over 100 companies to date. In addition, the company continued the development of the ecosystem of resources and tools dedicated to the franchise community in Romania, Franchwise being the main partner of the STUP project dedicated to entrepreneurs, developed in partnership with Banca Transilvania, but also the development of financing tools to support the franchise, without collateral guarantees from the franchisees, those who invest in franchise businesses in Romania.
