Start-Up Costs and Fees |
||
| Athena Learning Centers | Children's Technology Workshop | |
| Investment | 35000 - 160000 | 81000 - 105000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 6% |
| Advertising Fee | 2% Nat'l $500/Mo Local | |
| Year Founded | 2011 | 1997 |
| Year Franchised | 2011 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Athena Learning Centers | Children's Technology Workshop | |
| Experience | We are glad you have chosen to investigate Athena as a potential opportunity and we look forward to speaking to you, answering your questions, and developing a successful business relationship. We are currently looking for both single and multi-unit franchisees to open our Learning Centers. Franchisee candidates must meet certain qualifications to be considered for both single-unit and multi-unit franchise opportunities. In order to qualify for a single location, you will need a minimum net worth of $150,000 and liquid assets of $50,000. A good credit record / credit history is also required, evidenced by prompt payment of all financial obligations. Multi-unit candidates will be pre-qualified on an individual basis. Total Estimated Investment Range $66,000 to $146,000 The Initial Franchise Fee is $25,000. Franchisees pay royalties of 7% of gross sales, an advertising marketing fee of 2% of gross sales, and must purchase local advertising of at least $500 per month. Franchise candidates will be evaluated based on business abilities and experience, personal drive for success and financial strength. Athena Learning Center franchises are available for ambitious and entrepreneurial individuals willing to assume the risks - and eager to reap the rewards - of owning their own business. | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science |
Financing Options |
||
| Athena Learning Centers | Children's Technology Workshop | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Athena Learning Centers | Children's Technology Workshop | |
| Training | Staff Training On-Site and at Athena University On-going owner/center director support training | |
| Support | You can expect support in the following areas: Athena Total Solutions Products and Services: Math, Literacy, and Science Curriculum powered by Pearson Education In-Center and On line SAT/ACT Prep Courses by The Princeton Review Diagnostic in-center assessment On line homework help powered by Virtual Nerd Student Progress Tracking System Athena Center Management System, powered by Athena on Demand Automated Center Check-in System for Students Automatic Monthly Billing System Recommended Reading List with Books available for purchase in Center or online through the Athena Store Franchisee Support and Benefits: Athena Brand Recognition; proprietary marketing/advertising strategy plan Franchisee Intranet Communications and Marketing Portal Powered by Athena on Demand Athena Branded National/Local Website for all Athena Locations Owner Hotline via our Toll Free Number Staff Training On-Site and at Athena University Real Estate Location Services; demographic profiles, real estate lease support Turn-Key Interior Design/Build-Out services by industry leading architects/contractors/suppliers Camera Software/Hardware for off-site monitoring of your learning center in real-time Direct Local Marketing Solutions On-going owner/center director support and training Area of protected territory Develop a specified area through multi-unit ownership if you qualify No owner/Operator requirement | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchise can be run from home. 20% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Athena Learning Centers | Children's Technology Workshop | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Athena Learning Centers | |
| Children's Technology Workshop | |
| Franchise Fee | |
| Athena Learning Centers | |
| Children's Technology Workshop | |
| Royalty Fee | |
| Athena Learning Centers | 7% |
| Children's Technology Workshop | 6% |
| Advertising Fee | |
| Athena Learning Centers | 2% Nat'l $500/Mo Local |
| Children's Technology Workshop | |
| Year Founded | |
| Athena Learning Centers | 2011 |
| Children's Technology Workshop | 1997 |
| Year Franchised | |
| Athena Learning Centers | 2011 |
| Children's Technology Workshop | 2004 |
| Term Of Agreement | |
| Athena Learning Centers | |
| Children's Technology Workshop | 7 years |
| Renewal Fee | |
| Athena Learning Centers | |
| Children's Technology Workshop | $1K |
Business Experience Requirements |
|
| Experience | |
| Athena Learning Centers | We are glad you have chosen to investigate Athena as a potential opportunity and we look forward to speaking to you, answering your questions, and developing a successful business relationship. We are currently looking for both single and multi-unit franchisees to open our Learning Centers. Franchisee candidates must meet certain qualifications to be considered for both single-unit and multi-unit franchise opportunities. In order to qualify for a single location, you will need a minimum net worth of $150,000 and liquid assets of $50,000. A good credit record / credit history is also required, evidenced by prompt payment of all financial obligations. Multi-unit candidates will be pre-qualified on an individual basis. Total Estimated Investment Range $66,000 to $146,000 The Initial Franchise Fee is $25,000. Franchisees pay royalties of 7% of gross sales, an advertising marketing fee of 2% of gross sales, and must purchase local advertising of at least $500 per month. Franchise candidates will be evaluated based on business abilities and experience, personal drive for success and financial strength. Athena Learning Center franchises are available for ambitious and entrepreneurial individuals willing to assume the risks - and eager to reap the rewards - of owning their own business. |
| Children's Technology Workshop | Industry experience General business experience Marketing skills Enthusiasm for technology, engineering, science |
Financing Options |
|
| Franchise Fees | |
| Athena Learning Centers | |
| Children's Technology Workshop | |
| Start-up Costs | |
| Athena Learning Centers | |
| Children's Technology Workshop | |
| Equipment | |
| Athena Learning Centers} | |
| Children's Technology Workshop | |
| Inventory | |
| Athena Learning Centers | |
| Children's Technology Workshop | |
| Receivables | |
| Athena Learning Centers | |
| Children's Technology Workshop | |
| Payroll | |
| Athena Learning Centers | |
| Children's Technology Workshop | |
Training & Support |
|
| Training | |
| Athena Learning Centers | Staff Training On-Site and at Athena University On-going owner/center director support training |
| Children's Technology Workshop | |
| Support | |
| Athena Learning Centers | You can expect support in the following areas: Athena Total Solutions Products and Services: Math, Literacy, and Science Curriculum powered by Pearson Education In-Center and On line SAT/ACT Prep Courses by The Princeton Review Diagnostic in-center assessment On line homework help powered by Virtual Nerd Student Progress Tracking System Athena Center Management System, powered by Athena on Demand Automated Center Check-in System for Students Automatic Monthly Billing System Recommended Reading List with Books available for purchase in Center or online through the Athena Store Franchisee Support and Benefits: Athena Brand Recognition; proprietary marketing/advertising strategy plan Franchisee Intranet Communications and Marketing Portal Powered by Athena on Demand Athena Branded National/Local Website for all Athena Locations Owner Hotline via our Toll Free Number Staff Training On-Site and at Athena University Real Estate Location Services; demographic profiles, real estate lease support Turn-Key Interior Design/Build-Out services by industry leading architects/contractors/suppliers Camera Software/Hardware for off-site monitoring of your learning center in real-time Direct Local Marketing Solutions On-going owner/center director support and training Area of protected territory Develop a specified area through multi-unit ownership if you qualify No owner/Operator requirement |
| Children's Technology Workshop | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Athena Learning Centers | |
| Children's Technology Workshop | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Athena Learning Centers | |
| Children's Technology Workshop | Franchise can be run from home. 20% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Athena Learning Centers | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Children's Technology Workshop | |
| Canada Expansion | |
| Athena Learning Centers | |
| Children's Technology Workshop | |
| International Expansion | |
| Athena Learning Centers | |
| Children's Technology Workshop | |