Legacy Academy

Legacy Academy

Childcare
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$3.5M - $6.1M
Units as of 2018
11 0.0% over 3 years

Company Overview

About Legacy Academy

Founded
1997
Parent Company
Legacy Academy Inc.
Leadership
Melissa Turner, CEO

Franchising Overview

Franchising Since
1998 (23 years)
# of employees at HQ
4
Where seeking

This company is seeking new franchisees in the following US states: Georgia, North Carolina, South Carolina, Texas

# of Units
11 (as of 2018)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
4536 A. Nelson Brogdon Blvd.
Sugar Hill, GA 30518

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Legacy 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
$75,000
Initial Investment
$3,524,600 - $6,135,500
Cash Requirement
$250,000
Royalty Fee
5%
Ad Royalty Fee
1%
Term of Agreement
25 years
Is franchise term renewable?
Yes

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
Legacy 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
166 hours
Classroom Training
70 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
Social Media
SEO
Website Development

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
25
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Legacy Academy landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021