Am I A Good Candidate? - Financial Criteria And Expectations

Based on over 20 years of experience, Learning Express has established the following minimum financial requirements:

A cash investment of 50% of the average total cost of opening a Learning Express store - $100,000 - $125,000

In addition to this amount, you will need the resources to finance the remaining balance.

You will also want to consider personal living expenses from the time youleave your current employment to Grand Opening. On opening day you should still have at least $10,000 in cash reserves as a cushion for the first few months.

This is probably your biggest question-and no one can blame you! How much money will you make? Profits are important for every business, however, it's a question that, in the strict sense, Learning Express is not permitted to answer for legal reasons. Instead, the company encourages you to take look at what other stores have made in the past. These are what the federal government calls "Financial Performance Representations" and are strictly regulated. The average store sales data is included as part of the Franchise Disclosure Document (FDD), which you will receive after voicing a serious interest in opening a store. You will be able to create your own projected P&L and Breakeven Estimate after talking to other storeowners and making your own projections based on your market.