Athena Learning Centers
- Athena North America, LLC
103 Carnegie Center, Suite 300
Princeton, NJ 8540
-
(855) 422-6532
/
(855) 422-6532
- (855) 422-6532 (Fax)
Athena is a bright new face in the after-school learning center market co-founded by two experienced entrepreneurs that have spent their careers in the franchise and education industries. The business model has been well thought out for today's economic and education climate, and also designed for the single-unit operator as well as the multi-unit operator. The programs offered in the center are directly aligned with Common Core State Standards (CCSS). The technology that is in place at the operational level in the center is cutting-edge and allows the center to run effectively and efficiently. The programs offered along with the technology in the center will give you the competitive edge in the marketplace. Each franchised Athena Learning Center offers the Athena Advantage package of powerful solutions to help all students meet high standards and prepare them for college and the 21st century workplace.
Franchisor Background
Year Established: 2011
Franchising Since: 2012
Operating Units
Franchised Units |
4 |
80.0% |
Company-Owned Units |
1 |
20.0% |
Total Operating Units |
5 |
100% |
Geographic Distribution
USA |
5 |
100.0% |
In 3 States
|
Canada |
0 |
0.0% |
In 0 Provinces
|
International |
0 |
0.0% |
In 0 Foreign Countries
|
Total |
5 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
N/A |
Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
Density |
Units |
Texas |
3 |
Florida |
1 |
New Jersey |
1 |
Registered in the following Registration States
(not registered in any registration states)
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Support and Training
General Information
IFA Member |
No |
CFA Member |
No |
Franchisee Association? |
No |
Size of Corporate Staff |
8 |
Site Selection Assistance |
Yes |
Lease Negotiation Assistance |
Yes |
Financial Assistance |
Yes, Indirect |
Marketing Support
Co-Op Advertising |
No |
National Advertising |
No |
Regional Advertising |
No |
Local Advertising |
No |
Ongoing Support
Central Data Processing |
Included |
Central Purchasing |
Included |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
Included |
Inventory Control |
Included |
Franchisee Newsletter |
Included |
Regional or National Meetings |
Included |
800 Telephone Hotline |
Included |
Training
Princeton, NJ |
Five Days |
On-Site |
As needed |
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Financial Requirements
Investment
Minimum Net Worth |
$300K |
Cash Investment |
$25K |
Total Investment |
$47-150K |
Average Total Investment |
$100K |
Fees
Initial Franchise Fee |
$25K |
Average Franchise Fee |
$25K |
On-Going Royalty |
7 |
Average Royalty |
7% |
Advertising Fee |
2 |
Site Information and Requirements
Average Number of Full-Time Employees |
2 |
Average Number of Part-Time Employees |
8 |
Space Needs (in square feet) |
1800
|
Preferred Site Types |
N/A
|
Encourages Conversions |
N/A |
Item 19 (Earnings Claim) Provided? |
No |
Listed in the SBA Registry? |
No |
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Franchisee Qualifications
Financial Net Worth |
5 |
General Business Experience |
5 |
Specific Industry Experience |
3 |
Formal Education |
4 |
Psychological Profile |
3 |
Personal Interviews |
5 |
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Terms of Contract
Term of Initial Contract |
5 |
Term of Renewal Period |
10 |
Passive Ownership? |
Allowed |
Area Development Agreements? |
Yes, for 10 years
|
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
Projected New Units Over Next 12 Months |
6 |
USA |
Yes, All United States |
Canada |
Yes, All Canada |
Overseas |
Yes, All Countries |
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Request Information for Athena Learning Centers
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