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LeafSpring Schools

Educational childcare
Investment
$4,922,500
Initial Franchise Fee
$87,500
Units
13
Growth Rate
-45%

Overview

Industry
Children's Businesses
Founded
1988
Franchising Since
1999
Parent Company
Prism LLC
Leadership
Vance Spilman, CEO
# of Employees at HQ
7

Units and Growth Chart

About LeafSpring Schools

Gail W. Johnson saw an opportunity in childcare and education back in 1988 when women began joining the workforce more and more. With limited options for childcare, Johnson began LeafSpring Schools as a ‘Rainbow Station.’ The idea blossomed and grew into an early education center offering childcare programs including nursery and preschool, Pre-K, and other early learning programs.

LeafSpring Schools offers sick care, summer camps, leadership development, health and wellness initiatives, and more. The franchise has a proprietary curriculum called Playworks and a leadership program called Inspired. LeafSpring Schools is always on the lookout for suitable candidates to help grow its network around the country.

Why You May Want To Start a LeafSpring Schools Franchise

Do you love children? Are you passionate about education? If you answered yes to both of these questions, you might be the franchisee that LeafSpring Schools is searching for. LeafSpring Schools franchisees should be family-oriented, business-minded, and work well with people. You should be ready and willing to try and solve the problems associated with your clientele, the parents, and the children who are part of this growing family.

What Might Make a LeafSpring Schools Franchise a Good Choice?

Owning a LeafSpring School will require your day-to-day participation, ruling out the possibility for absentee ownership. A franchisee should earn and keep the trust of parents, children, and their employees.

LeafSpring Schools’ mission is to “partner with parents to promote the success of each child.” The franchise has the vision to be the leader in their business segment, which focuses on early education, mildly ill care, and school-age recreation. Community, diversity, integrity, leadership, innovation, integrity, and ownership are the key pillars that LeafSpring Schools is built upon.

How To Open a LeafSpring Schools Franchise

To be part of the LeafSpring Schools 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 royalty and renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements. 

LeafSpring Schools has partnered with third-party financial lenders that may help cover the costs of the franchise fee, startup, equipment, inventory, accounts receivable, and payroll if you qualify. They also may offer a discount off the franchise fee for veterans.

As you decide if opening a LeafSpring Schools franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a LeafSpring Schools franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the LeafSpring Schools franchising team questions.

Investment Details

Initial Franchise Fee
$87,500
Initial Investment
$4,922,500 - $8,958,200
Net Worth Requirement
$1,500,000 - $2,500,000
Cash Requirement
$750,000 - $1,500,000
Royalty Fee
6%
Ad Royalty Fee
0
Technology Fee
N/A
Term of Agreement
15 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
25% off franchise fee

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 Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Missouri Mississippi Montana North Carolina New Hampshire New Jersey New Mexico Nevada Ohio Oklahoma Oregon Pennsylvania South Carolina Tennessee Texas Utah Virginia Vermont West Virginia Wyoming

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
20 hours
Classroom Training
60 hours

Ongoing Support

Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
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
65
Are exclusive territories available?
Yes

Ranking History

LeafSpring Schools performance in the Franchise rankings over recent years

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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