- Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$44K - $131K
- Units as of 2023
15 25% over 3 years
Since its founding, Parker-Anderson Enrichment has sought to become a leader in after-school enrichment. Working under the motto "Fun Comes First," founders Jamie Anderson and Josh Parker built a company that offers a wide variety of enrichment classes under Parker-Anderson Enrichment's innovative program.
With its headquarters located in Van Nuys, California, Parker-Anderson Enrichment has expanded to include other states since beginning to franchise in 2014. If you enjoy encouraging children to explore the world around them, then a Parker-Anderson Enrichment franchise may be just for you.
Why You May Want to Start a Parker-Anderson Enrichment Franchise
Parker-Anderson Enrichment offers a complete after-school program to busy parents and schools. The focus is on giving children a rewarding, enjoyable program of classes. Amongst the subjects that children can study are science, cooking, technology, robotics, and many more.
As well as in-person classes, a Parker-Anderson Enrichment franchisee will oversee online courses, camps, and birthday parties. To operate a Parker-Anderson Enrichment franchise, you do not need a physical location, as you can utilize schools and other public venues to operate.
Parker-Anderson Enrichment hires the instructors and runs comprehensive background checks on them. Every day, a franchisee will be expected to meet specific maintenance objectives, achieve growth objectives, and participate in hands-on activities.
What Might Make a Parker-Anderson Franchise a Good Choice?
A good candidate for a Parker-Anderson Enrichment franchisee is someone who loves working with kids. They will wholeheartedly believe in the basic philosophy of the franchise, which states that learning is fun. Anyone who works for the Parker-Anderson Enrichment team needs good communication skills, is not afraid of hard work, and shows empathy.
Opening a Parker-Anderson Enrichment 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.
Parker-Anderson Enrichment has been ranked in Entrepreneur's Franchise 500 multiple times in recent years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
How To Open A Parker-Anderson Enrichment Franchise
To be part of the Parker-Anderson Enrichment 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 the existence of ongoing fees that will include royalty fees and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Parker-Anderson Enrichment gives its franchisees and group instructors full support and training. The company has developed a website that franchisees may find invaluable. A Parker-Anderson Enrichment franchisee can run almost all aspects of the business and receive all necessary training through the website. Franchisees will also receive training in sales, and instructors also have access to training videos.
When determining if Parker-Anderson Enrichment is a good fit for you, you should prepare a list of questions. Parker-Anderson Enrichment will be happy to answer them in your journey towards opening your own Parker-Anderson Enrichment franchise.
About Parker-Anderson Enrichment
|2014 (10 years)
|# of employees at HQ
This company is offering new franchises throughout the US.
|# of Units
|15 (as of 2023)
Information for Franchisees
Here's what you need to know if you're interested in opening a Parker-Anderson Enrichment 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
|$25,900 - $35,900
|$43,702 - $130,695
Net Worth Requirement
|10% off franchise fee
Term of Agreement
|Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|Parker-Anderson Enrichment offers in-house financing to cover the following: franchise fee
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Meetings & Conventions
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?
Can this franchise be run from home/mobile unit?
Can this franchise be run part time?
|# of employees required to run
Are exclusive territories available?
Franchise 500 Ranking History
Compare where Parker-Anderson Enrichment landed on this year's Franchise 500 Ranking versus previous years.
Are you eager to see what else is out there? Browse franchises that are similar to Parker-Anderson Enrichment.
- Tutoring and test prep
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
The global initiative offers a suite of tools for business travel booking and management, coupled with Hilton Honors benefits for SME's and their employees worldwide.
Explore how franchisors can effectively use video marketing to connect with both business partners and customers and why many are missing out on this opportunity.
Wendy's Ushers in New Leadership as The Strategy to Propel The Fast Food Giant Into Its Next Growth Phase Continues
Learn about the strategic vision behind appointing a seasoned industry leader to steer Wendy's toward future growth in the highly competitive fast-food industry.
Burger King Is Upping its Rebrand Strategy With a $1 Billion Acquisition. These Franchise Resets Could Tell Us About the Fast Food Giant's Chances of Succeeding.
Discover the details behind RBI's strategic acquisition of Carrols Restaurant Group, a move that represents a significant step in a broader campaign to rejuvenate the Burger King brand, and compare it to past major franchise rebrands.
Perfect market timing is difficult to pull off, but excellent preparation and building a valuable business in the first place is much more under your control.
This move marks a significant step for Inspire Brands, which has previously focused on domestic growth and acquisitions within the U.S.