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Below is an in-depth analysis and side-by-side comparison of Growing Room vs Ivybrook Academy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $700,000 - $3,000,000 | $310,700 - $440,200 |
Franchise Fee | $40,000 | $50,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | - | 1% |
Year Founded | - | 2007 |
Year Franchised | - | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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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 |
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Training | Franchisees and their Center Director are provided with 3-4 weeks of initial training. The cost of this initial training is included in your franchise fee. The Franchisee pays their own costs and those of their designated managers for transportation, meal and hotel accommodations. | 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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
The Growing Room Franchise System is committed to doing everything possible to ensure your success in this highly fulfilling business. You will be given all the tools you need to hire, train and support teachers so they encourage strong thinking skills and practice positive reinforcement. You will also learn how to develop strong parent-teacher-school partnerships to make your Growing Room school the best it can be.
As you investigate other opportunities with childcare, it might help to understand what makes Growing Room different. We offer:
Growing Room Franchise System will provide you with everything you need to replicate our award winning schools. This information will be provided to you through initial training in our corporate office and schools, hands on assistance and step-by-step manuals, as well as ongoing support and refresher training as needed.
Growing Room’s procedures, manuals and training will provide you with the roadmap you need to own and operate a successful school. Combined with your genuine desire, committed efforts and dedication, there is no limit to what you can do with Growing Room.