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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$36K - $59K
Units as of 2016
88 Decrease

Company Overview

About Young Engineers

Industry Children's Businesses
Related Categories Children's Enrichment Programs: Miscellaneous, Tutoring
Founded 2008
Leadership Amir Asor, Founder and CEO
Corporate Address 6022 W. Maple Rd., #403
West Bloomfield, MI 48322
Social Facebook, Twitter

Business Overview

Franchising Since 2008 (16 years)
# of employees at HQ 25
Where seeking

This company is offering new franchises in the following US states:

This company is offering new franchises in the following international regions:

# of Units 88 (as of 2016)

Information for Franchisees

Here's what you need to know if you're interested in opening a Young Engineers 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
$25,000
Initial Investment Information Circle
$36,400 - $59,183
Net Worth Requirement Information Circle
$35,000
Cash Requirement Information Circle
$33,500
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
7%+
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
6 years
Is franchise term renewable? Yes
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Training & Support Offered

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

Ongoing Support
Purchasing Co-ops
Newsletter
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising

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
Are exclusive territories available? Information Circle
No
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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