Here’s what to expect when you invest in our child care center franchise concept.
An interest in childcare and early childhood education as well as a desire to serve others are important qualities that we look for in franchise owners. Strong leadership and communication skills also make a difference. You do not need previous experience in education or operating a childcare center. We are prepared to offer training, support and resources that can help you grow your childcare business.
Initial training includes one week at our Ohio-based headquarters for you and your directors or operating partners on your team.
Our training and support begin immediately when you invest in a Miracles & Beyond Learning Academy franchise. Initial training includes one week at our Ohio-based headquarters for you and up to three weeks for directors or operating partners on your team. Our experts will spend up to five days at your location to help you and your team prepare to launch your business. And, you’ll have exclusive access to our comprehensive Confidential Operations Manual, to guide your daily business functions.
Please check out our Industry Outlook here
The estimated initial investment for a single unit franchise ranges from $297,800 to $461,400. This includes a $70,000 initial franchise fee for a single territory agreement. (A $10,000 site selection fee and $10,000 training fee are included in the initial franchise fee.) As with any new venture, it’s important to have adequate capital to fund the initial business growth stages.
We do not provide direct financing to franchise owners, but we may refer to financing sources on a case-by-case basis.
Franchise owners pay a 7% royalty fee based on weekly net revenues. These fees allow us to fund our ongoing support services, training programs and more. For a full list of fees and requirements, please refer to our Franchise Disclosure Document (FDD).
Franchise owners contribute up to 2% of gross revenues into the brand marketing fund. We use collected funds to develop marketing strategies, materials and campaigns to promote the Miracles & Beyond Learning Academy brand. Franchise owners also spend $5,000 to $10,000 on grand opening promotions starting 90 days prior to opening and for 30 days after launch. Franchise owners must spend up to 2% of revenues or a minimum of $12,000 a year on local marketing. For a full list of fees and requirements, please refer to our Franchise Disclosure Document (FDD).
The initial term of your agreement is ten years, with three subsequent successor agreement options of five years each.
Contact us 216-677-6509 or [email protected] to learn more about how to own an early education franchise with Miracles & Beyond Learning Academy. Or complete the online form provided on this site. We’ll contact you to discuss next steps and provide you with important details to help you make an informed decision.
Please check out our Industry Outlook here