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Initial Investment Requirements
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To help you understand what it takes to own and operate a Learning Express store, we have broken down important financial information.
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The Franchise Fee
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$35,000
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This is a one-time fee charged to all franchisees, and covers the cost of your Learning Express Franchise License.
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Leasehold Improvements
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$0 - $60,000
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Depending on the remodeling requirements or build out of your intended location, we have estimated your initial cost to be in this range.
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POS Equipment
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$17,000
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Computer System: Hardware and Software Point of Sale Equipment; License Fees and Software Subscription Services.
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Furniture, Fixtures, Equipment, Signage
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$32,000 - $55,000
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All the necessary furniture, fixtures and equipment, to begin operation.
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Organizational Costs and Training Costs
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$2,000 - $7500
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Lease expenses, utility deposits and professional fees. You will need funds for travel and lodging during our mandatory training program.
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Additional Funds
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$10,000 - $40,000
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You will also need funds for back up capital, permits, and pre-opening payroll costs.
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Insurance
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$1,500 - $6,000
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The estimated cost of insurance for the first year of operation, which is paid directly to the insurance company.
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Grand Opening Advertising
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$5,000
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This is a minimum amount of advertising costs for a successful grand opening.
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Inventory
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$90,000 - $150,000
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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.
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Total:
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$192,500 - $375,500
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Minimum Financial Requirements
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Personal Net Worth
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$300,000
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This is an estimate of your current assets less current liabilities.
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Minimum Cash Investment
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$100,000
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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.
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Maximum Loans
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$150,000
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If you are committed 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
To get more information or to have one of our representatives contact you, click on this link.
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© 2010 Learning Express Inc. All rights reserved.
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