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Updated RecentlyYoung Rembrandts vs LearningRx Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Young Rembrandts vs LearningRx including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $44,405 - $51,555 | $90,000 - $149,000 |
| Franchise Fee | $39,500 | $25,000 |
| Royalty Fee | 10%-8% | 7% -8% |
| Advertising Fee | 1% | 3% |
| Year Founded | 1988 | 1986 |
| Year Franchised | 1997 | 2003 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | $5K |
Business Experience Requirements |
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| Experience | Very few of our owners have a background in art. Our philosophy is based on the fact that creativity is teachable skill - and that includes our owners! | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Comprehensive one week training by a team of professionals with hands on experience in managing and growing an extensive territory - Unparalleled continuous training and support earned us a 97% above average rating in "accessibility and responsiveness." (based on 3rd party Franchise Business Review survey) On-The-Job Training: 9 hours Classroom Training: 36 hours | As a brain training company, we value initial and ongoing training very highly. Our training includes a 2-day job shadowing with one of our franchisees prior to our 10-day training in Colorado Springs, CO. The 10-day franchise training covers our over 200 proprietary training procedures, marketing, public relations, business operations, networking, testing, administration, hiring, and much more. Our brain trainers are trained on-site by the franchisee, using over 40 hours of online material as well as 20-30 hours of in-person training and observation. We also offer ongoing training and support via our Helpdesk (phone and email support) and quarterly calls with our support team. |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | We know that the success of our franchisees is our success. Valuable support is a top priority for us, and we strive to help our franchisees however possible. Our support team is led by a former franchisee and LearningRx parent, who understands the day-to- day running of a center firsthand. We also have a marketing and business coach, who will help our first-year franchisees create and implement their 12-month business plan and offer ongoing support of business operations. The support team also runs the helpdesk, which is available by phone and email and boasts a very fast turnaround. We provide a franchise operations system designed to support all of your business needs from site selection and build out to launch marketing and sales prospecting. We are continually introducing new Brain Balance programs, products and services to increase your sales opportunities. Through national media exposure, training and consulting by program creator and co-founder, Dr. Robert Melillo renowned researcher, lecturer and author of several best sellers including, Disconnected Kids, Reconnected Kids and his latest book, Autism |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | We offer new materials on a regular basis across multiple platforms: social media, print, TV, radio, PPC, SEO, etc. You can also join a voluntary marketing co-op where applicable. *National PR exposure *Exposure Across the Digital Landscape *Web-based Requisition System for Customized Marketing Materials *Local Marketing Guidance |
| Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 2 - 20
Absentee ownership of franchise is NOT allowed. New curriculum is developed on an ongoing basis, and owners do not pay for new materials/updates. | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 3 Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | Yes |
| International Expansion | Yes | No |
Company Overviews
About Young Rembrandts
This is your opportunity to own a recession-resistant business
offering a unique educational service that's in high demand. What's more, there's limited competition, powerful support from a credible international brand, and the opportunity to replace your corporate income while spending time in the community.
A proven business model that has been successful for over 20 years
Ranked in the Top 500 Franchises by Entrepreneur magazine 6 years in a row
*Flexible hours allowing time for family
*Strong support and continual training from Home Office
*Strong support and communication between franchisees
*Modest start-up and low operating expenses
If you are someone who wants to:
* Be your own boss
* Escape corporate pressures
Expansion Opportunities
US/Canada/International Opportunities: Individual Units available in Canada.
Master Territories available in all other countries
Territory Availability: Territories available in all US States, except AZ (sold out)
Master Licensing: Available Internationally only
An Invaluable Product
Young Rembrandts teaches drawing, the fundamental skill of all the visual arts, to children aged 3.5 to 12. Each week, with our proprietary teaching method and unparalleled curriculum, students participate in an engaging and exciting lesson that not only develops technical ability, but develops classroom and social skills that are critical to both academic and life long success.
Are you ambitious to succeed and be a leader in your community?
Do you have good management and business experience?
Do you possess good communication and interpersonal skills?
If so, then we need to talk..
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Veteran Incentives 10% off franchise fee
About LearningRx
Veteran Incentives 10% off franchise fee