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Updated RecentlyLearningRx vs EuroKids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LearningRx vs EuroKids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $90,000 - $149,000 | $103,000 - $206,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 7% -8% | - |
| Advertising Fee | 3% | - |
| Year Founded | 1986 | - |
| Year Franchised | 2003 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | - | * Enjoy working with young children. * An entrepreneurial spirit and strong desire to succeed * The ability to manage finances * A willingness to personally devote full time and best efforts to the day-to-day operation of the EuroKids Pre School * A willingness to complete a comprehensive training program and become proficient in all aspects of operating a EuroKids Pre School. * Financial resources * Committed to the cause of providing good quality education to young children. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | 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. | EuroKids India trains qualifying Franchisees in the EuroKids curriculum and delivery method, as well as business strategies for owning and operating a successful EuroKids franchise. In addition to this franchisees also take part in our continuing skill enhancement programs. |
| Support | 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 | 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 | 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 | - |
| Canada Expansion | Yes | - |
| International Expansion | No | - |
Company Overviews
About LearningRx
Veteran Incentives 10% off franchise fee
About EuroKids
To qualify to be a EuroKids franchisee you will need to possess a minimum area of 1500 sq feet (self owned or rented) in a quiet, tranquil and peaceful locality. The premises should be on the ground floor with an open outdoor area to match which will act as the outdoor play area. The premises should also have independent access, attached toilet facilities and should be well ventilated. Preference will be accorded to independent houses with above mentioned minimum facilities. The initial investment will be in the range of INR 5,00,000/- to INR 10,00,000/- The initial investment would be towards ambience and equipment costs and would include the start up franchisee. Please also note that the initial investment is dependent on the model of the Pre-School and could vary based on location and other factors. Selected franchisees will undergo an extensive training program on the business strategies for owning and operating a successful Pre-School. In addition to these franchisees and their staff members will receive initial and continuous training for the EuroKids curriculum and the delivery method. But the fundamental requirement to be a EuroKids franchisee is the commitment to help carry forward our ambition of making learning a fun experience for kids. So if you love working with children EuroKids is the best opportunity you could ask for!