|
Below is an in-depth analysis and side-by-side comparison of Pingu's English vs Ivybrook Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $150,000 - $500,000 | $310,700 - $440,200 |
Franchise Fee | N/A | $50,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 1% |
Year Founded | 2006 | 2007 |
Year Franchised | 2007 | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | Compassionate and caring, ready to help our students learn Able to work with both students and their parents – both our “customers” Motivated to build a team and student enrollment Accepts and embodies the Ivybrook Academy mission |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | - | We provide over 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! On-The-Job Training: 46 hours Classroom Training: 66 hours |
Support | - | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | National Media Social media SEO Website development Email marketing |
Operations | - | Number of Employees Required to Run: 15 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Pingu's English is an engaging, educational and entertaining Children's English course for 3-7+ year olds based on the enormously popular animated television character, Pingu. Using books, CDs, DVDs and online learning material developed by leading English language and child education specialists, Pingu's English offers exceptional value for money with extensive learning and support resources for children, their parents and the teacher. Combine this fun and interactive course with viewing figures of over 1 billion people on 140 TV channels around the world, and with over 5 million Pingu books sold globally, the opportunity to leverage the brand awareness generated by the television series, publishing and merchandising of the Pingu character within Pingu's English is enormous.