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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: 2001Franchising Since: 2003
Operating Units: Franchised Units: 70 87.5% Company-Owned Units: 10 12.5% ______ _____ Total Operating Units: 80 100% Geographic Distribution: U.S.: 80 100% In 7 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries ______ _____ Total: 80 100% North America: States/Provinces with the largest number of operating units: Density Units 1. New Jersey 37 2. Michigan 9 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-timeSpace Needs (in square footage): 10,000-15,000Preferred Sites: Free-standing BuildingOther Sites: Encourage Conversions? YesEarnings Claims Provided? NoListed in the SBA Registry? NoSupport 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
