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Ivybrook Academy

Preschool
Investment
$643,400
Initial Franchise Fee
$50,000
Units
54
Growth Rate
+80.0%

Overview

Industry
Children's Businesses
Founded
2007
Franchising Since
2016
Parent Company
Ivybrook Franchising LLC
Leadership
Drew McWilliams, CEO
# of Employees at HQ
15

Units and Growth Chart

About Ivybrook Academy

Founded in 2007, Ivybrook Academy began offering franchises in 2016. If you are enthusiastic about education and believe that early childhood education can make a big difference in the quality of a child's life, you may want to consider opening an Ivybrook Academy franchise. 

Prior teachers who are highly motivated may be a good fit for Ivybrook Academy. If you are compassionate and helpful, Ivybrook Academy may be your opportunity to provide a program that will serve the community and help to raise children to be lifelong learners.

Since beginning to offer franchises, Ivybrook Academy has opened over one dozen franchise locations and is looking to expand its reach even further.

Why You May Want To Start an Ivybrook Academy Franchise

To be part of the Ivybrook Academy team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

Ivybrook Academy has relationships with third-party financial lenders. These sources may be able to offer franchisees resources to cover the costs of the franchise fee, startup, initial payrolls, and even the inventory and the equipment needed to open an Ivybrook Academy.

What Might Make an Ivybrook Academy Franchise a Good Choice?

Ivybrook Academy may provide ongoing operational and marketing support. If franchisees need help in developing their franchisee internet platform, the service may be there. Everything may be covered, from selecting a site for the Ivybrook Academy to purchasing co-ops or negotiating leases. The curriculum is often provided, as well. 

Ivybrook Academy can even assist franchisees with setting up meetings and conventions. When the time comes to market your Ivybrook Academy franchise, you will be assisted in website development, establishing a loyalty program and application, partaking in co-op advertising, and using social and national media.

A typical franchise agreement runs for 15 years. Franchisees may be allowed to renew their agreement if they meet the Ivybrook Academy requirements. 

Opening an Ivybrook Academy franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

How To Open an Ivybrook Academy Franchise

Franchisee participation is part of the Ivybrook Academy franchise agreement: all franchisees must be managers or principals. Being a silent or absent ownership is not permitted because it is contrary to the Ivybrook Academy plan. The average franchisee will take over one year to be able to open a new Ivybrook Academy. This time is counted from the point the franchise agreement is signed until the new Ivybrook Academy opens.

Typically, franchisees receive a great deal of support from the Ivybrook Academy brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. They also may receive hands-on training and continued support after their Ivybrook Academy franchise location has opened. The formal franchisee training program consists of dozens of hours of on-the-job and classroom training.

Investment Details

Initial Franchise Fee
$50,000
Initial Investment
$643,400 - $1,174,500
Net Worth Requirement
$1,000,000
Cash Requirement
$200,000
Royalty Fee
7%
Ad Royalty Fee
2%
Technology Fee
$250/mo.
Term of Agreement
15 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
N/A

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona Colorado Connecticut District of Columbia Delaware Florida Georgia Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina Nebraska New Hampshire New Jersey New Mexico Nevada Ohio Oklahoma Oregon Pennsylvania South Carolina Tennessee Texas Utah Virginia Vermont Washington West Virginia Wyoming

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
20 hours
Classroom Training
80 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for 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
# of employees required to run
6-15
Are exclusive territories available?
Yes

Ranking History

Ivybrook Academy performance in the Franchise rankings over recent years

Additional Rankings

Curious to know where Ivybrook Academy ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022