
Young Engineers
Engineering enrichment programsThis company's data may be out of date.
- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$36K - $59K
- Units as of 2016
-
88 700.0% over 3 years
Company Overview
About Young Engineers
- Industry
- Children's Businesses
- Related Categories
- Children's Enrichment Programs: Miscellaneous, Tutoring
- Founded
- 2008
- Leadership
- Amir Asor, Founder and CEO
Franchising Overview
- Franchising Since
- 2008 (14 years)
- # of employees at HQ
- 25
- Where seeking
-
This company is seeking new franchisees in the following US states:
This company is seeking new franchisees in the following international regions:
- # of Units
- 88 (as of 2016)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Young Engineers 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
- $25,000
- Initial Investment
- $36,400 - $59,183
- Net Worth Requirement
- $35,000
- Cash Requirement
- $33,500
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 7%+
- Ad Royalty Fee
- 2%
- Term of Agreement
- 6 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Additional Training
- Online training
- Ongoing Support
-
Purchasing Co-opsNewsletterOnline SupportSecurity & Safety ProceduresField Operations
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional Advertising
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
- Are exclusive territories available?
- No
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