Start-Up Costs and Fees |
||
| Thinkertots | Ivybrook Academy | |
| Investment | 83100 - 124100 | 310700 - 440200 |
| Franchise Fee | ||
| Royalty Fee | 7% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1998 | 2007 |
| Year Franchised | 2005 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Thinkertots | Ivybrook Academy | |
| Experience | Compassionate and caring, ready to help our students learn Able to work with both students and their parents " both our --customers-- Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission | |
Financing Options |
||
| Thinkertots | Ivybrook Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Thinkertots | Ivybrook Academy | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 4 days | We provide over 120 hours in person for you to get up and running before you even open and it doesn t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS: Before Opening - 2 weeks of training both at our corporate location and at your school s location Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation. After Opening- Regular visits, calls and open lines of communication are important for everyone s success! On-The-Job Training: 46 hours Classroom Training: 66 hours |
| Support | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | National Media Social media SEO Website development Email marketing | |
| Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 15 |
Expansion Plans |
||
| Thinkertots | Ivybrook Academy | |
| 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 | |
| Thinkertots | |
| Ivybrook Academy | |
| Franchise Fee | |
| Thinkertots | |
| Ivybrook Academy | |
| Royalty Fee | |
| Thinkertots | 7% |
| Ivybrook Academy | 6% |
| Advertising Fee | |
| Thinkertots | |
| Ivybrook Academy | 1% |
| Year Founded | |
| Thinkertots | 1998 |
| Ivybrook Academy | 2007 |
| Year Franchised | |
| Thinkertots | 2005 |
| Ivybrook Academy | 2016 |
| Term Of Agreement | |
| Thinkertots | 5 years |
| Ivybrook Academy | |
| Renewal Fee | |
| Thinkertots | |
| Ivybrook Academy | |
Business Experience Requirements |
|
| Experience | |
| Thinkertots | |
| Ivybrook Academy | Compassionate and caring, ready to help our students learn Able to work with both students and their parents " both our --customers-- Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission |
Financing Options |
|
| Franchise Fees | |
| Thinkertots | No |
| Ivybrook Academy | No |
| Start-up Costs | |
| Thinkertots | |
| Ivybrook Academy | |
| Equipment | |
| Thinkertots} | |
| Ivybrook Academy | |
| Inventory | |
| Thinkertots | |
| Ivybrook Academy | |
| Receivables | |
| Thinkertots | |
| Ivybrook Academy | |
| Payroll | |
| Thinkertots | |
| Ivybrook Academy | |
Training & Support |
|
| Training | |
| Thinkertots | * Available at headquarters: 2 weeks * At franchisee's location: 4 days |
| Ivybrook Academy | We provide over 120 hours in person for you to get up and running before you even open and it doesn t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS: Before Opening - 2 weeks of training both at our corporate location and at your school s location Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation. After Opening- Regular visits, calls and open lines of communication are important for everyone s success! On-The-Job Training: 46 hours Classroom Training: 66 hours |
| Support | |
| Thinkertots | |
| Ivybrook Academy | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Thinkertots | |
| Ivybrook Academy | National Media Social media SEO Website development Email marketing |
| Operations | |
| Thinkertots | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| Ivybrook Academy | Number of Employees Required to Run: 15 |
Expansion Plans |
|
| US Expansion | |
| Thinkertots | |
| Ivybrook Academy | 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 | |
| Thinkertots | |
| Ivybrook Academy | |
| International Expansion | |
| Thinkertots | |
| Ivybrook Academy | |