Ivybrook Academy

Preschool
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Franchise 500 2023
2024 Franchise 500 Rank
#337 Ranked #389 last year
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Initial investment
$400K - $630K
Units as of 2023
30 Increase 275.0% over 3 years

Founded in 2007, Ivybrook Academy began offering franchises in 2016. If you are enthusiastic about education and believe that early childhood education can make a big difference in the quality of a child's life, you may want to consider opening an Ivybrook Academy franchise. 

Prior teachers who are highly motivated may be a good fit for Ivybrook Academy. If you are compassionate and helpful, Ivybrook Academy may be your opportunity to provide a program that will serve the community and help to raise children to be lifelong learners.

Since beginning to offer franchises, Ivybrook Academy has opened over one dozen franchise locations and is looking to expand its reach even further.

Why You May Want To Start an Ivybrook Academy Franchise

To be part of the Ivybrook Academy team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

Ivybrook Academy has relationships with third-party financial lenders. These sources may be able to offer franchisees resources to cover the costs of the franchise fee, startup, initial payrolls, and even the inventory and the equipment needed to open an Ivybrook Academy.

What Might Make an Ivybrook Academy Franchise a Good Choice?

Ivybrook Academy may provide ongoing operational and marketing support. If franchisees need help in developing their franchisee internet platform, the service may be there. Everything may be covered, from selecting a site for the Ivybrook Academy to purchasing co-ops or negotiating leases. The curriculum is often provided, as well. 

Ivybrook Academy can even assist franchisees with setting up meetings and conventions. When the time comes to market your Ivybrook Academy franchise, you will be assisted in website development, establishing a loyalty program and application, partaking in co-op advertising, and using social and national media.

A typical franchise agreement runs for 15 years. Franchisees may be allowed to renew their agreement if they meet the Ivybrook Academy requirements. 

Opening an Ivybrook Academy franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

How To Open an Ivybrook Academy Franchise

Franchisee participation is part of the Ivybrook Academy franchise agreement: all franchisees must be managers or principals. Being a silent or absent ownership is not permitted because it is contrary to the Ivybrook Academy plan. The average franchisee will take over one year to be able to open a new Ivybrook Academy. This time is counted from the point the franchise agreement is signed until the new Ivybrook Academy opens.

Typically, franchisees receive a great deal of support from the Ivybrook Academy brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. They also may receive hands-on training and continued support after their Ivybrook Academy franchise location has opened. The formal franchisee training program consists of dozens of hours of on-the-job and classroom training.

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Company Overview

About Ivybrook Academy

Industry Children's Businesses
Related Categories Childcare, Tutoring, Children's Education/Enrichment
Founded 2007
Parent Company Ivybrook Franchising LLC
Leadership Drew McWilliams, President
Corporate Address 9801 Suzanne Ct.
Weddington, NC 28173
Social Facebook, LinkedIn

Business Overview

Franchising Since 2016 (8 years)
# of employees at HQ 9
Where seeking

This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, West Virginia, Wyoming

# of Units 30 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Ivybrook Academy franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$50,000
Initial Investment Information Circle
$400,000 - $630,000
Net Worth Requirement Information Circle
$750,000
Cash Requirement Information Circle
$150,000
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
15 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Ivybrook Academy has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 46 hours
Classroom Training 66 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 6-10
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Ivybrook Academy landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Ivybrook Academy ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022