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Below is an in-depth analysis and side-by-side comparison of Little Medical School 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 | $28,800 - $58,200 | $310,700 - $440,200 |
Franchise Fee | $11,500 - $24,500 | $50,000 |
Royalty Fee | 8%+ | 6% |
Advertising Fee | $95/mo. | 1% |
Year Founded | 2010 | 2007 |
Year Franchised | 2014 | 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 | On-The-Job Training: 8 hours Classroom Training: 36 hours | 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | National Media Social media SEO Website development Email marketing |
Operations | Number of Employees Required to Run: 1 | Number of Employees Required to Run: 15 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Little Medical Schooll® brings medicine, science, and the importance of health to children in an entertaining, exciting, and fun way.
Our educational enrichment programs provide a fun, innovative, and engaging curriculum. We create an opportunity to experience role playing using tools that real doctors use, and learn how the body works. By participating in these role-playing experiences, Little Medical School is inspiring tomorrow’s doctors today!
We offer after school programming, birthday parties, and special events that we can customize to fit your needs.
All of our curriculum is aligned with STEM objectives.
You do NOT need to have a medical background, teaching background or even a background in owning and running a business. We will provide you with our incredible curriculum and all the necessary training and tools to operate your business.