Parker-Anderson Enrichment

Parker-Anderson Enrichment

Enrichment programs
Find out what franchise is right for you
2021 Franchise 500 Rank
#373 Ranked #403 last year
See the Full List
Initial investment
$16K - $81K
Units as of 2021
20 33.3% over 3 years

Company Overview

Parker-Anderson Enrichment offers after-school enrichment programs in science, chess, Lego engineering, art and more.

About Parker-Anderson Enrichment

Founded
2005
Leadership
Josh Parker, CEO

Franchising Overview

Franchising Since
2014 (7 years)
# of employees at HQ
10
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
20 (as of 2021)

Franchisor Information

Corporate Address
16526 Arminta St.
Van Nuys, CA 91406

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 Investment
$15,980 - $81,100
Net Worth Requirement
$30,000
Cash Requirement
$20,000
Royalty Fee
8%
Term of Agreement
5 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
Parker-Anderson Enrichment has relationships with third-party sources which offer 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.

On-The-Job Training
40 hours
Classroom Training
40 hours
Additional Training
Online training
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Proprietary Software
Marketing Support
Ad Templates
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Parker-Anderson Enrichment landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Parker-Anderson Enrichment ranked on other franchise lists? Find out below.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Parker-Anderson Enrichment.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Entrepreneur Franchise of the Day: The Vitamin Shoppe

Since 1977, The Vitamin Shoppe has been dedicated to helping more than 5 million active customers become their best selves.

McDonald's Is Fueling the K-Pop Craze With Its Latest Collaboration With BTS

The restaurant chain recently announced a special collaboration with the Korean group to create the "BTS Meal."

Entrepreneur en Español

· 2 min read

Does Your Franchise Need a Workforce Management Partner?

Finding a service provider to help you manage payroll or HR functions can save valuable time. Here are five things to prioritize in your search.

Stephanie Schomer

· 3 min read

Free On-Demand Webinar: How to Support Your Franchisees & Grow Your Franchise Organization

Join us for the fourth and final episode of How To Grow Your Business Through Franchising webinar series to discover the last step in the franchising process.

Subway Franchisees Write Open Letter to Owners: 'This Dream Has Turned Into a Nightmare' (Update)

The letter puts a spotlight on Subway's troubles amid rumors that the sandwich chain is going up for sale.

Chloe Arrojado

· 3 min read

Working Through the Pandemic Made This Industrial-Services Franchise Stronger

Industrial-services franchise Pirtek USA was deemed an essential business last year. Making it through a pandemic wasn't easy, but CEO Kim Gubera says they're stronger as a result.

Stephanie Schomer

· 4 min read
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