The Whole Child Learning Co.
At a Glance
Products & Services: Children's enrichment/tutoring
Number of Locations: 47
Total Investment: $32.6K - $38.8K
Began Franchising: 1999
About The Whole Child Learning Co.Noticing a lack of quality computer education programs for children, husband and wife Matt and Lindsay Barron founded Gigglebytes in San Marcos, Texas, in 1996. Combining Lindsay's teaching experience with Matt's sales and marketing experience, they sold their computer education service to preschools, day-care centers and after-school programs.
In 1997, they changed the company's name to The Whole Child Learning Co. to reflect its expanded curriculum, including martial arts and physical movement classes. The company began franchising in 1999.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $29,500
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $5,000 off franchise fee
Financial RequirementsNet Worth: $75,000
Liquid Cash Available: $40,000
OperationsFranchise can be run from home. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
|Financing Type||In-House||Third Party|
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