Frequently asked questions on how to start an early childhood education franchise
We will provide up to three weeks of headquarters-based pre-opening training for you, as the franchise owner, plus additional staff including your general manager, center director, and assistant center director. Representatives of Ivy Kids will also spend two weeks assisting you and your staff at your location around the time of your center’s Grand Opening. We’ll also present you with a copy of our confidential operations manual to help you run your Ivy Kids center properly on a day-to-day basis.
Though some experience in the children’s education field would be beneficial, it is not required. You should, however, show a true interest in educating children and serving families. We are seeking investors who will ideally be committed to the daily operations of their local Ivy Kids centers, and who have solid business skills and significant ties to the local community. We also look for franchise owners with suitable supervisory skills, the ability to develop a strong operations team within their franchised business, and who can demonstrate honesty, integrity, and a strong work ethic.
Of course, as with any new business venture, it’s important that you have the capital needed to adequately fund your new business. The initial investment required which includes the acquisition of land, construction and working capital is between $4,174,000 to $ 5,503,000. This number varies depending on real estate. SBA loans are available to qualified individuals with an initial investment of only 10 - 15%. Contact us for more details.
Franchisees will pay a royalty rate of 7% of gross sales. All collected fees allow us to fund our ongoing support services and the continued development of marketing tools, training programs, curriculum updates, and systems upgrades.
You will be required to spend a minimum of $5,000 per month on local marketing, until the utilization rates reaches 70% at your center. After reaching a 70% utilization rate, the local marketing expenditures will be reduced to 1.5% of gross revenues. You may also contribute up to 1.5% of gross revenues into the system marketing fund. Collected funds will be used to develop marketing strategies to promote the Ivy Kids brand and fund the creative costs to develop local franchise marketing materials and campaigns.
We do not offer direct financing to franchisees. We may be able to provide references to qualified financing or lending resources, on a case-by-case basis.
The initial term of your franchise agreement is 25 years, with an additional successor agreement option of another 25 years.
If you're interested in starting a children’s education franchise and discovering more about the Ivy Kids program, click here to request more information about our program. Or you can contact us at 855-IVY-KIDS or firstname.lastname@example.org to discuss the possibility of setting up a visit to view our operations, speak with key franchise management staff, and receive our FDD (Franchise Disclosure Document) which contains all the important details you'll need to make an informed decision.