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Below is an in-depth analysis and side-by-side comparison of Smart Brain America vs Challenge Island including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $60,200 - $163,700 | $48,300 - $62,950 |
Franchise Fee | $25,000 | $39,900 |
Royalty Fee | $12-20/student/month | 6% |
Advertising Fee | - | 2% |
Year Founded | 2003 | 2003 |
Year Franchised | 2005 | 2012 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $3000 | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | 3 days of classroom and hands-on training. Some of the key aspects of the training is provided by the Founder of Challenge Island, Sharon Estroff. Once you return to your market and are ready for business, Challenge Island will have a support person come to your market for one-full day and provide on-site training and assistance. On-The-Job Training: 8 hours Classroom Training: 24 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Mental arithmetic in itself is a powerful educational tool by its own right. Smart Brain America has crafted a proprietary program that is light years beyond this basic concept by creating a children's educational program that is an All-Inclusive Right Brain Enhancement and Abacus Arithmetic course. It is designed to explode the full capabilities and strength of the right side and left side of the brain. It allows the children in such programs to be able to perform large and difficult calculations in the head without any help from the use of a computer or calculator.
For example, a child as young as even 9 years of age, who is in his or her Grand Level would be able to calculate a number as large as 739,241/329 all in the head, without any computers, calculators or even the Abacus! What's more incredible is that Grand Level children can accomplish this within ten seconds with near perfection each and every time at a pace equal to competition level!
Right side brain development will also lead to equally impressive results in: reading comprehension, reading accuracy, reading speed, memory recall and recall speed, and conceptualization.
Children utilize the Abacus, the ancient Chinese calculator, in a highly specialized manner to fire the synaptic pathways in the brain resulting in true, unparalleled brain development in kids.
Smart Brain America is a franchise company looking for new franchisees for prime locations of their choice.
Challenge Island Founder and Creator, Sharon Duke Estroff M.A.T. is an award-winning educator with over two decades of teaching experience in Atlanta public and private schools. She is the author of the popular parenting book Can I Have a Cell Phone for Hanukkah? (Random House) and a feature parenting and education writer for numerous national publications including Woman's Day, Good Housekeeping, Parents Magazine, and Huffington Post.
Sharon created Challenge Island while on maternity leave with her fourth child. Maxed out on late-night reruns of a popular, realityTV show, she began wondering if the same basic principals (minus the voting and island part) could become a means of motivating her students to take on complex higher level thinking tasks. She poured everything she'd learned about children into developing this idea, incorporating cutting edge research and educational thought. By the time her daughter graduated from 3 am feedings, Challenge Island was ready for primetime. It's been growing by leaps and bounds ever since.
Now over a decade later, thousands of children have experienced the magic and benefits of Challenge Island, as Sharon continues to develop fresh curriculum and content for this popular enrichment program.
*It's a proven model - truly a home-based business;
*Requires only a modest investment;
*Has NO national competition;
*Quick ROI on your low-cost franchise;
*Can be operated as a part/full time business;
*Has high profit margins;
*Has low fixed overhead;
*It's easy to operate;
*It can be easily taught to anyone;
*The classes, camps and birthday parties are affordable by nearly any family;
*Parents view the classes, camps, and birthday parties as educational and therefore feel that the fees are well spent.
*Year-round income with camps during school vacations and birthday parties anytime.
*Thrive in any economy by providing affordable classes to parents who put education first on their list of expenditures.