Learning Experience, The
Yes, we actively support the inclusion and development of minority-owned franchises in the Learning Experience, The system.
Learning Experience, The
10 Sylvan Way, # 110
Parsippany, NJ 07054
800#: (888) 865-7775 + 240
Tel: (973) 539-5392 + 240
Fax: (973) 539-2422
E-mail: jlh@tlecorp.com
Web Site: www.thelearningexperience.com
Contact: Ms. Jennifer Hansen, Director Special Programs/Mktg.
We build and deliver a complete turn-key, 10,000 - 15,000 square foot freestanding child development center. Low upfront cost, lowest royalty payment in the industry, with a proven franchisor that has over 25 years of direct industry experience. We want the best for your child, don't you?
Franchisor Background
Established: 2002
First Franchise: 2003
Franchise Units: 4
Company-Owned Units: 7
Total Units: 11
Distribution:
> North America -- Operations in 7 States
> States/Provinces with Greatest Density: 37 in NJ, 9 in MI, 3 in NC
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 10 FT, 12 PT (FT = Full Time, PT = Part Time)
Space Needs: 10,000-15,000 SF; FS
(for abbreviations click here)
Financial Requirements
Cash Investment: $125K
Total Investment: $350-650K
Average Total Investment: $400K
Minimum Net Worth: $400K
Fees
>Franchise: $50K
>Average Franchise Fee: $50K
>Royalty: 6%, 5%,4%
>Advertising: 1.5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 15/1`0
Passive Ownership: Allowed
Area Development Agreements:Yes/25
Sub-Franchising Contracts: Yes
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 60
On-Going Support: A,C,D,E,F,G,H,I (for an explanation click here)
Training: 2 Weeks Parsippany, NJ; 4 Weeks Operating Unit; 3-4 Months Franchise Unit.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: East Coast
Note: NR = No Response by Franchisor.
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