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The Learning Experience Academy of Early Education

2014 Franchise 500
#324
At a Glance

Products & Services: Preschool/educational child care

Number of Locations: 131

Total Investment: $495.3K - $3.6M

Founded: 1979

Began Franchising: 2003

About The Learning Experience Academy of Early Education

The Weissman family, founders of The Learning Experience, have been providing education-based childcare services for over 30 years. Following a brief retirement, the Weissmans decided to re-enter the childcare industry in 2000, building on their experience to create The Learning Experience. The company began franchising in 2003 and has extended its curriculum to include extensive enrichment programming.

Franchise Units

Year U.S. Canadian International Company Owned
2013 115 0 0 16
2012 124 0 0 14
2011 98 0 0 18
2010 88 0 0 19
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, South America, Western Europe.

Startup Costs, Ongoing Fees and Financing

Total Investment: $495,299 - $3,585,549
Franchise Fee: $60,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $150,000
Operations
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10 - 20. Absentee ownership of franchise is allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #324 (2014), #208 (2013), #193 (2012), #205 (2011),
Fastest-Growing: #89 (2013), #101 (2012),
America's Top Global: #151 (2012), #163 (2011),

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