Learning Express

Learning Express

Not Ranked

Initial Investment

LOW: $209,500
HIGH: $298,000

Change in Units

Promoted Opportunities

Company Profile

Founded

1987

Franchising Since

1990 (26 Years)

Corporate Address

29 Buena Vista St. Devens, MA 01434

CEO

Sharon DiMinico

About Learning Express

While chairing the Board of Directors are her children's nursery school, Groton Community School, Sharon DiMinico pitched the idea of raising revenue for the school by opening a specialty toy store. The school opened the first Learning Express store in Acton, Massachusetts, in 1987. DiMinico opened a second store in Needham six months later. And in 1990, she began franchising.

Financials

Financial Requirements

Initial Investment

$209,500 - $298,000

Net-worth Requirement

$300,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Financing Options

Learning Express has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Franchise 500® Rank History

Highest Rank: 206

Lowest Rank: 483

  • 2006 - 483
* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Additional Training: At certified training center

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Ad Slicks

Absentee Ownership Allowed

Number of employees required to run: 10 - 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 22nd, 2015

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