What is the investment to become an Ivybrook Academy franchise owner?
Total investment costs range from approximately $385,000 – $2,146,600. To invest in a franchise, individuals will need $100,000 – $150,000 in liquid assets for a down payment to qualify. Some candidates may have the ability to use retirement funds as a down payment source, we can provide contact information for you to find out if this is an available option for you.
Do you help with financing?
Yes, our business plan and concept has been approved by the Small Business Administration (SBA) and we have a relationship with Benetrends Financial to get you approved quickly and seamlessly. As mentioned above, we additionally have an approved relationship with a financial services company that can turn a previous 401k into your down payment with no penalty!
Just as Ivybrook Academy franchises come in all shapes and sizes, so do the funding options. Benetrends offers a comprehensive suite of funding options covering nearly every type of business situation. Our most popular programs are the Rainmaker Plan® and SBA Preferred FastTrack Loan program.
Benetrends also offers Securities Backed Line of Credit, Equipment Leasing, and Conventional Business Loans.
*SBA Loan Money-Back Fee Guarantee: If Benetrends accepts your application for processing, we guarantee your application will be approved or we refund 100% of our fee.
**Once approved, a financial package will be needed for verification.
More information and a FREE guide are available here.
Will I need to have a facility built?
Our model offers you many different choices to pick what is best for your situation. We can offer you options for building from the ground up, to renting a space or converting an existing location with our team to help you redesign the interior to transform it into a beautiful school. We are happy to sit down and walk through all of the options to help you find what is best for you.
What return on investment can I expect?
All franchises are restricted by the Federal Trade Commission from providing anyone with specific profit projections as each franchisee’s result may differ. To view our financial experiences, we encourage you to request more information where you will receive our Franchise Disclosure Document containing our current financial performance statements.
How long does it take to open an Ivybrook Academy?
Each location is different depending on whether it is a lease, new construction build, or renovating an existing building. Our real estate development team will walk through every option available with you.
What kind of training can I expect as a new franchise owner?
A lot! We provide more than 120 hours in person for you to get up and running before you even open and it doesn’t stop there. Here is a list of how we are DETERMINED to set you up for SUCCESS:
Before Opening – 2 weeks of training both at our corporate location and at your school’s location
Opening Month- Our team will be with you the entire week prior to opening as well as your first week of operation.
After Opening- Regular visits, calls and open lines of communication are important for everyone’s success!
Owners will receive weekly communication, on-going updates to their staff training program, annual curriculum updates, and consistent support whether on the phone or in person.