What makes Amazing Explorers Academy® unique?
Amazing Explorers Academy® is an unique concept in the childcare and early childhood development industry. Our school is designed for the 21st century learner and inspired by world renowned educational approaches, such as, Reggio Emilia, Project Based Learning, and STEAM (science, technology, engineering, arts, and mathematics).
Do I need experience in child care or education?
All you need is love for entrepreneurship, no education experience required. As part of the process, you will be required to hire a professional and experienced early childhood director that meets the AEA standards to work in your center.
What are the qualifications to become a franchisee?
You must have business experience, be well capitalized with $500,000 liquid assets, and have good credit. We require minimum net worth of $700,000 per location. Our franchise development team can introduce you to several lenders who are able to guide you through the process and help identify the factors that contribute to operating a successful academy.
How much money can I make?
The Federal Trade Commission regulates what Amazing Explorers Academy® is allowed to disclose to potential franchisees. Once you begin the process and meet our standards, we will send you the Franchising Disclosure Document (FDD). This further describes the relationship between franchisor and franchisee, start-up expenses, and additional information to help you make your final decision.
How much will I need to invest?
The estimated initial investment typically ranges from $350,500 to $3,877,000 depending on many variables and whether the facility is purchased or leased. This estimate includes a franchise fee of $50,000, optional real estate fee of $25,000, and many other costs such as real estate purchase costs, construction, equipment, leasehold improvements, lease deposit, insurance, etc.
Does Amazing Explorers Academy® offer financing?
Amazing Explorers Academy® does not currently offer any direct financing, but our Franchise Development Team can recommend third party financing options to you.
What are the royalties and ongoing fees?
Amazing Explorers Academy® charges a fixed royalty fee of $5,000 month for year one and $7,000 per month or 5% of Net Sales, whichever is greater, starting with year two continuing through the term of the Franchise Agreement. All franchised and AEA operated academies are required to contribute $2,000 per month to the advertising fund.
How long does it take to open?
We estimate that the typical time period between signing the Franchise Agreement and opening a new academy will vary from 6 to 18 months.
How do I find a location?
During the process, you will meet with the Amazing Explorers Academy® real estate team to review AEA criteria so you can identify potential locations in your market.
Is training and support provided?
The initial franchising training program includes 10 days of in-depth instruction (80 hours of on-site training), which provides the foundation for operating your academy. In addition, you will have access to the Amazing Explorers Academy® Proprietary STEAM Curriculum Manuals and ongoing Teacher Training Programs online.
Are you ready to become Amazing?
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This information is for informational purposes only and not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. An Amazing Explorers Academy® franchise is offered only by our delivery of a franchise disclosure document in compliance with the Federal Trade Commission's rule on franchising and various state franchise sales laws.