Parker-Anderson Enrichment

Parker-Anderson Enrichment

Enrichment programs
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2021 Franchise 500 Rank
#373 Ranked #403 last year
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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

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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