Start-Up Costs and Fees |
||
| Legacy Academy for Children | Ivybrook Academy | |
| Investment | 2100000 - 2500000 | 310700 - 440200 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1997 | 2007 |
| Year Franchised | 1998 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Legacy Academy for Children | Ivybrook Academy | |
| Experience | General business 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 |
||
| Legacy Academy for Children | Ivybrook Academy | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Legacy Academy for Children | Ivybrook Academy | |
| Training | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | National Media Social media SEO Website development Email marketing |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 15 |
Expansion Plans |
||
| Legacy Academy for Children | Ivybrook Academy | |
| US Expansion | South, | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Legacy Academy for Children | |
| Ivybrook Academy | |
| Franchise Fee | |
| Legacy Academy for Children | |
| Ivybrook Academy | |
| Royalty Fee | |
| Legacy Academy for Children | 5% |
| Ivybrook Academy | 6% |
| Advertising Fee | |
| Legacy Academy for Children | |
| Ivybrook Academy | 1% |
| Year Founded | |
| Legacy Academy for Children | 1997 |
| Ivybrook Academy | 2007 |
| Year Franchised | |
| Legacy Academy for Children | 1998 |
| Ivybrook Academy | 2016 |
| Term Of Agreement | |
| Legacy Academy for Children | 24 years |
| Ivybrook Academy | |
| Renewal Fee | |
| Legacy Academy for Children | |
| Ivybrook Academy | |
Business Experience Requirements |
|
| Experience | |
| Legacy Academy for Children | General business experience |
| 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 | |
| Legacy Academy for Children | No |
| Ivybrook Academy | No |
| Start-up Costs | |
| Legacy Academy for Children | |
| Ivybrook Academy | |
| Equipment | |
| Legacy Academy for Children} | |
| Ivybrook Academy | |
| Inventory | |
| Legacy Academy for Children | |
| Ivybrook Academy | |
| Receivables | |
| Legacy Academy for Children | |
| Ivybrook Academy | |
| Payroll | |
| Legacy Academy for Children | |
| Ivybrook Academy | |
Training & Support |
|
| Training | |
| Legacy Academy for Children | |
| 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 | |
| Legacy Academy for Children | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Ivybrook Academy | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Legacy Academy for Children | Co-op advertising, Ad slicks, Regional advertising |
| Ivybrook Academy | National Media Social media SEO Website development Email marketing |
| Operations | |
| Legacy Academy for Children | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Ivybrook Academy | Number of Employees Required to Run: 15 |
Expansion Plans |
|
| US Expansion | |
| Legacy Academy for Children | South, |
| 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 | |
| Legacy Academy for Children | 0 |
| Ivybrook Academy | |
| International Expansion | |
| Legacy Academy for Children | |
| Ivybrook Academy | |