To help you understand what it takes to own and operate a Learning Express store,
we have broken down important financial information.
Initial Investment Requirements
| The Franchise Fee |
$35,000
|
This is a one-time fee charged to all franchisees, and covers
the cost of your Learning Express Franchise License.
|
| Leasehold Improvements |
$0 - $60,000
|
Depending on the remodeling requirements or build out of
your intended location, we have estimated your initial cost
to be in this range. |
| POS Equipment |
$17,000
|
Computer
System: Hardware and Software Point of
Sale Equipment;
License Fees and Software
Subsrciption Services.
|
| Furniture, Fixtures, Equipment, Signage |
$32,000 - $55,000
|
All the necessary furniture, fixtures and equipment, to
begin operation.
|
| Organizational Costs and Training
Costs |
$2,000 - $7,500
|
Lease expenses,
utility deposits and professional fees. You
will need funds for travel and lodging during
our mandatory training program.
|
| Additional Funds |
$10,000 - $40,000
|
You will
also need funds for back up capital,
permits, and payroll costs.
|
| Insurance |
$1,500-$6,000
|
|
The estimated cost of insurance for the first year of
operation, which is paid directly to the insurance company.
|
| Grand Opening Advertising |
$5,000
|
This is a minimum amount of advertising costs for a
successful grand opening. |
| Inventory |
$90,000 - $150,000
|
Depending on the time of year your store opens and the
size of your location, the costs may vary. This is our initial
inventory purchase requirement.
|
|
Total:
|
$192,500 - $375,500
|
|
|
|
|
Minimum Financial Requirements
| Personal Net Worth |
|
| This is an estimate of your current assets less current liabilities. |
| Minimum Cash Investment |
$100,000
|
| The cash available to open a Learning Express store. |
| Maximum Loans |
$150,000
|
If you are commited to improving the quality of products offered to children, while investing
in yourself and a successful business, you are heading in the right direction with
Learning Express
|
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