#193
At a Glance
Products & Services: Child care
Number of Locations: 116
Total Investment: $480.95K - 3.56M
Founded: 1979
Began Franchising: 2003
Private Owned
About The Learning Experience
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 |
| 2011 | 98 | 0 | 0 | 18 |
| 2010 | 88 | 0 | 0 | 19 |
| 2009 | 64 | 0 | 0 | 12 |
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: $480,950 - $3,561,150
Franchise Fee: $60,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 15 years, renewable
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 NOT allowed. (100% of current franchisees are owner/operators).| 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,
Marketing Support: Ad slicks, National media, Regional advertising,
Franchise Ranking History
Fastest-Growing: #101 (2012),