Learning Express Toys

Learning Express Toys

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

#271

Initial Investment

LOW: $199,875
HIGH: $384,150

Change in Units

-1.6% -2 UNITS (1 Year)
-1.6% -2 UNITS (3 Years)

Company Profile

Founded

1987

Franchising Since

1990 (27 Years)

Corporate Address

29 Buena Vista St. Devens, MA 01434

CEO

Sharon DiMinico

About Learning Express Toys

While chairing the Board of Directors at her childrens' nursery school, Groton Community School, Sharon DiMinico pitched the idea of raising revenue for the school by opening a specialty toy store. The school opened the first Learning Express store in Acton, Massachusetts, in 1987. DiMinico opened a second store in Needham six months later. And in 1990, she began franchising.

Financials

Financial Requirements

Initial Investment

$199,875 - $384,150

Net-worth Requirement

$300,000

Liquid Cash Requirement

$125,000

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

5%

Financing Options

Learning Express Toys has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


$5,000 off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 28 days

Training at headquarters: 5 days

Additional Training: At toy fair, annual convention

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks

Number of employees required to run: 8 - 12

Franchise 500® Rank History

Highest Rank: 206

Lowest Rank: 392

* Not all years were ranked

Related Franchises

Related Articles

McDonald's to Donate Meals to the Homeless in Vatican City

McDonald's to Donate Meals to the Homeless in Vatican City

It seems that the controversial McDonald's location is trying to get on its new neighbor's good side.
Nina Zipkin
The 19 Covenants of a Standard Franchise Agreement

The 19 Covenants of a Standard Franchise Agreement

A quick look at the promises, rights or duties that the franchisee or franchisor owes to the other
Rick Grossmann
McDonald's India Rolls Out New Breakfast Menu Featuring Traditional Local Dishes

McDonald's India Rolls Out New Breakfast Menu Featuring Traditional Local Dishes

In addition to continental offerings, McDonald's India will offer a masala dosa burger, anda bhurji and more.
Rose Leadem
Behind This Year's Entrepreneur's Franchise 500® Ranking

Behind This Year's Entrepreneur's Franchise 500® Ranking

The industry is changing.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 3rd, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012