Tierra Encantada
Spanish immersion daycare and preschool

About
Founded

2013

Franchising Since

2019 (1 Years)

Corporate Address

4008 Minnehaha Ave.
Minneapolis, MN 55406

Leadership

Kristen Denzer, CEO

Financial Requirements
Initial Investment

$846,558 - $1,786,725

Net-worth Requirement

$400,000

Liquid Cash Requirement

$250,000 - $360,000

Ongoing Fees
Initial Franchise Fee

$50,000 - $50,000

Ongoing Royalty Fee

7%

Ad Royalty Fee

1%

Financing Options

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

Veteran Incentives

10% off franchise and area development fees

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Franchisee Intranet Platform

Marketing Support

Ad Templates

Regional Advertising

Social media

SEO

Website development

On-The-Job Training:

22 hours

Classroom Training:

58 hours

Additional Training:

Online training

Absentee Ownership Allowed
Number of Employees Required to Run:

20 - 26

Cost
Initial Investment: Low - $846,558 High - $1,786,725
Units
+33.3%+1 UNITS (1 Year) +100.0%+2 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

Franchise Articles

I Tried Burger King's New Veggie Burger in Mexico. Here's What Happened.

The fast food company in partnership with Unilever's The Vegetarian Butcher introduced the Whopper Vegetal.

Focus on These KPIs for Franchise Success

A close look at some of the most important metrics you should consider.

Lockdowns Hit Schools, but Maple Bear Not Only Survived - It Grew

The key has been adapting to the circumstances.

... Are We Really All on the Same Page About Passing Down the Family Business?

Set up structures in advance and communicate clearly so things don't get awkward later.

Busting the Myths of Franchising

It's important to balance challenges with something personally meaningful.

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: October 12th, 2020