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Home >> Child-Related >> Children's Educational Program
| Learning Experience, The 10 Sylvan Way, # 110 Parsippany, NJ 07054 |
Submit an online form to receive information from Learning Experience, The.
|
Business Description
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: 2002
Franchising Since: 2003
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Florida, Illinois, Michigan, New York, Virginia
Financial Requirements
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
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: 2002
Franchising Since: 2003
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 4 | 36.4% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 7 | 63.6% | |||||||||||||||||||||||||||||
Total Operating Units: | 11 | 100.0% | |||||||||||||||||||||||||||||
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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: | $350-650K |
| Average Total Investment: | $500K |
| Fees: | |
| Initial Franchise Fee: | $50K |
| Average Franchise Fee: | $50K |
| On-Going Royalty: | 6%, 5%,4% |
| Average Royalty: | 6% |
| Advertising Fee: | 1.5% |
Space Needs (in square footage): 10,000-15,000
Preferred Sites: Free-standing Building
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
| 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 | ||||||||
| 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 | ||||||||
| 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 | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Learning Experience, The.
|
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