The Learning Experience vs Reading Friends Franchise Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Learning Experience vs Reading Friends Franchise Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Learning Experience Franchise
Reading Friends Franchise Company Franchise
Investment $544,419 - $3,586,419$110,950 - $297,500
Franchise Fee $60,000$35,000
Royalty Fee 7%5.5%
Advertising Fee 1%-
Year Founded 19791980
Year Franchised 20032002
Term Of Agreement 15 years10 years
Term Of Agreement 15 years10 years
Renewal Fee --


Business Experience Requirements
 
The Learning Experience Franchise
Reading Friends Franchise Company Franchise
Experience $150,000 minimum in liquid capital -

Financing Options
 
The Learning Experience Franchise
Reading Friends Franchise Company Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/YesNo/No
Start-up Costs No/YesNo/No
Equipment No/YesNo/No
Inventory No/YesNo/No
Receivables No/YesNo/No
Payroll No/YesNo/No

Training & Support
 
The Learning Experience Franchise
Reading Friends Franchise Company Franchise
Training We will teach you everything you need to know to open and operate your center

On-The-Job Training: 80 hours Classroom Training: 80 hours

-
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformGrand opening, Field operations/evaluations
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op advertising, Ad slicks
Operations

Number of employees needed to run franchised unit: 10 - 20

Absentee ownership of franchise is allowed.

 100% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 9

Absentee ownership of franchise is allowed.

Expansion Plans
 
The Learning Experience Franchise
Reading Friends Franchise Company Franchise
US Expansion YesYes
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About The Learning Experience

The Learning Experience® is the fastest growing child care center operator in the Northeastern United States. Management has been involved in the building of over 2.5 million square feet, representing more than 200 child care centers in 24 states and 4 countries. For a quarter of a century they have enjoyed an impeccable reputation both in child care and franchising and are considered experts in their field. Their forward thinking makes The Learning Experience® one of the most comprehensive franchise systems on the market today.

Through the development of detailed franchisee training, meticulous operational manuals and an unparalleled student curriculum, The Learning Experience® franchise remains on the cutting edge within the child care industry. The demand for quality and excellence in child care is greater than ever before.

If you are looking for a 5 day a week business opportunity, love children and are a good business manager, consider all the rewards a franchise of The Learning Experience® could bring you.

The total investment necessary to begin operation of a Center is between $544,419 and $3,585,419 per Center, depending on whether you purchase an existing Center, develop your own Center or retain the franchisor to develop your Center. This includes payments that must be paid to the franchisor or affiliate that range from $525,000 to $2,625,000 (if you purchase an existing Center), $162,399 to $212,399 (if you develop your own Center), and $267,399 to $384,899 (if we develop the Center for you).

Franchisor is seeking new franchise units throughout the U.S., Asia, Australia/New Zealand, Canada, Central America, Europe, Middle East and South America
Veteran Incentives  10% off franchise fee
""       "Entrepreneur
In Franchise Business Reviews Top 200.
#62 in Franchise 500 for 2020.
#87 in Franchise 500 for 2021.




About Reading Friends Franchise Company

Ours started as a story of overcoming. Owner and founder, Nancy Spencer, was the first person in the city of Fort Worth to be diagnosed with dyslexia after many years of struggling in school. With the proper training, she was able to thrive academically and gained a passion for children and the way that they learn. With the help of Dr. Luke Waites, Gladys Kolenovsky and a team from Scottish Rite Hospital in Dallas, TX, Nancy wrote a full curriculum and started Reading Friends preschool in 1980. The school is now run by her two daughters, Audrey Fowler and Nancy Pack. There are two additional locations. One located in Keller, run by Marsha Wesley. One located in Aledo, run by Diane Taylor.
 
The Reading Friends Difference

Reading Friends has the right curriculum, the right commitment, and is the right place. Let us focus on your child.

The Reading Friends preschool is dedicated to providing the young child a foundation for educational excellence.
The secret to a well-rounded child is a well-rounded approach to teaching

Curriculum

We employ Multi-sensory teaching techniques involving the total child.

Our Phonics Advantage curriculum is a language-based program that is the heart of our proprietary curricula.

Children receive structured academic experiences that produce a firm foundation in reading, math, social studies, and science.

Social

The Reading Friends program is designed to provide successful opportunities for all students. Children have daily outside free play and snack where they experiment with social interaction and cooperation.