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Learning Experience, The
We build and deliver a complete turn-key, 10,000-15,000 square foot freestanding child development center. Low upfront cost, lowest royalty payment in the industry, with a proven franchisor that has over 25 years of direct industry experience. We want the best for your child, don't you?
Franchisor Background
Year Established: 2001
Franchising Since: 2003
Operating Units:
Franchised Units: 58 84.1%
Company-Owned Units: 11 15.9%
______ _____
Total Operating Units: 69 100%
Geographic Distribution:
U.S.: 69 100% In 7 States
Canada: 0 0% In 0 Canadian Provinces
International: 0 0% In 0 Foreign Countries
______ _____
Total: 69 100%
North America:
States/Provinces with the largest number of operating units:
Density Units
1. Michigan 9 2. New Jersey 37 3. New York 6
Registered in Following Registration States: Florida, Illinois, Michigan, New York, Virginia
Financial Requirements
Investment:
Minimum Net Worth: $400K
Cash Investment: $125K
Total Investment: $462K-3.5MM
Average Total Investment: $1K
Fees:
Initial Franchise Fee: $50K
Average Franchise Fee: $50K
On-Going Royalty: 6%, 5%,4%
Average Royalty: 6%
Advertising Fee: 1.5%
Average Number of Employees: 10 Full-time, 12 Part-time
Space Needs (in square footage): 10,000-15,000
Preferred Sites: Free-standing Building
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
International Franchise Association: No
Canadian Franchise Association: No
Franchisee Association/Member: Yes, Member
Size of Corporate Staff: 60
Site Selection Assistance? Yes
Lease Negotiation Assistance? Yes
Financial Assistance? Yes, Direct
Marketing Support:
Co-Op Advertising: Yes
National Advertising: No
Regional Advertising: No
Local Advertising: No
Marketing Materials: None Specified
Additional Services: None Specified
Other Marketing Support: None Specified
On-Going Support:
Central Data Processing: Included in Fees
Central Purchasing: Not Applicable
Field Operation Evaluation: Included in Fees
Field Training: Included in Fees
Initial Store Opening: Included in Fees
Inventory Control: Included in Fees
Franchisee Newsletter: Included in Fees
Regional or National Meetings: Included in Fees
800 Telephone Hotline: Included in Fees
Training:
1. Parsippany, NJ 2 Weeks 2. Operating Unit 4 Weeks 3. Franchise Unit 3-4 Months
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth: 4
General Business Experience: 5
Specific Industry Experience: 2
Formal Education: 3
Psychological Profile: 4
Personal Interview(s): 4
Minority Representation
Units Owned by Minorities:
African-American: N/A
Asian-American: N/A
Hispanic: N/A
Native American: N/A
Other: N/A
Specific Minority: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Terms of Contract
Term of Initial Contract: 15 Year(s)
Term of Renewal Period: 10 Year(s)
Passive Ownership: Allowed
Area Development Agreements? Yes, for 25 Year(s)
Sub-Franchising Contracts? Yes
Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 15
U.S.: Yes, East Coast
Canada: Yes, All Canada
Overseas: Yes, All Countries