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Below is an in-depth analysis and side-by-side comparison of A+ Nannies vs Athena Learning Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $40,500 - $55,600 | $35,000 - $160,000 |
Franchise Fee | $15,000 | $2,500 - $30,000 |
Royalty Fee | 0 | 7% |
Advertising Fee | 0 | 2% Nat'l $500/Mo Local |
Year Founded | 2001 | 2011 |
Year Franchised | 2007 | 2011 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Who will be the best fit for our family? * Someone with a great attitude. * Someone who has the propensity to succeed; have ambition and drive. * Someone who is passionate about what they do � whatever it is they choose. * Someone who can maintain our high standards. * Someone who is personable, friendly, and has social skills. * Someone with enough funds to pay the initial fee and to keep the business going to create positive cash flow. | We are glad you have chosen to investigate Athena as a potential opportunity and we look forward to speaking to you, answering your questions, and developing a successful business relationship. We are currently looking for both single and multi-unit franchisees to open our Learning Centers. Franchisee candidates must meet certain qualifications to be considered for both single-unit and multi-unit franchise opportunities. In order to qualify for a single location, you will need a minimum net worth of $150,000 and liquid assets of $50,000. A good credit record / credit history is also required, evidenced by prompt payment of all financial obligations. Multi-unit candidates will be pre-qualified on an individual basis. Total Estimated Investment Range $66,000 to $146,000 The Initial Franchise Fee is $25,000. Franchisees pay royalties of 7% of gross sales, an advertising marketing fee of 2% of gross sales, and must purchase local advertising of at least $500 per month. Franchise candidates will be evaluated based on business abilities and experience, personal drive for success and financial strength. Athena Learning Center franchises are available for ambitious and entrepreneurial individuals willing to assume the risks - and eager to reap the rewards - of owning their own business. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/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 | We will take you through an intense program that will completely prepare you for the challenges of successful day-to-day operation. The training does not stop when your location is opened; additional training can be given on a specific matter anytime you need. We give you every tool you need to be a success! | Staff Training On-Site and at Athena University On-going owner/center director support training |
Support | Real People, Real Support � Through our years of experience owning & operating A+ Nannies Agencies, we appreciate the level of support you need to create a successful business. We have a senior management team with significant experience to provide effective support to our franchisees. At A+ Nannies we believe that successful franchising is part of a synergistic partnership between Corporate and the Owner/Operators. We are looking for team players that want to join our talent base and who believe that knowledge of a group is more powerful than the knowledge of one. | You can expect support in the following areas: Athena Total Solutions� Products and Services: Math, Literacy, and Science Curriculum powered by Pearson Education In-Center and On line SAT/ACT Prep Courses by The Princeton Review� Diagnostic in-center assessment On line homework help powered by Virtual Nerd Student Progress Tracking System Athena Center Management System, powered by Athena on Demand Automated Center Check-in System for Students Automatic Monthly Billing System Recommended Reading List with Books available for purchase in Center or online through the Athena Store Franchisee Support and Benefits: Athena Brand Recognition; proprietary marketing/advertising strategy plan Franchisee Intranet Communications and Marketing Portal Powered by Athena on Demand Athena Branded National/Local Website for all Athena Locations Owner Hotline via our Toll Free Number Staff Training On-Site and at Athena University Real Estate Location Services; demographic profiles, real estate lease support Turn-Key Interior Design/Build-Out services by industry leading architects/contractors/suppliers Camera Software/Hardware for off-site monitoring of your learning center in real-time Direct Local Marketing Solutions On-going owner/center director support and training Area of protected territory Develop a specified area through multi-unit ownership if you qualify No owner/Operator requirement |
Marketing | Building recognition of the A+ Nannies name is an essential component of the A+ Nannies business model. You will have access to professional consumer marketing and advertising materials, as well as get unlimited help from our senior advertising consultant for any future ideas you may have. Included in your marketing materials (but not limited to): * Magazine and Yellow Page Ads * Brochures, Cards, Post Cards, Magnets * Letterhead, Envelopes, Post It Notes, and Note Cards | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
OUR FAMILY Our mission has always been the same: "to exceed our client's expectations by placing our morals and ethics at the core of every decision, and dedicating ourselves to finding professional candidates that have the knowledge and passion for this industry." The A+ Nannies philosophy is the same with our franchisees as it is with our clients & nannies. We respect one another, communicate clearly with each other, and continue to build trust and friendships along the way. We are looking for franchisee candidates that want to be a team player in building a reputation to be proud of. Through our synergistic partnership we will continue to evolve and remain the Premier Nanny Placement Service. If you want to work for yourself, but not by yourself - A+ Nannies is right for you! We provide a fun and friendly atmosphere, where at times you will forget you are even working. We look forward to the opportunity of having you join our family! OUR SYSTEMA+ Nannies offers multiple income streams, a proven business model, and a great team to work with! This system can easily be operated from your own home, and easily transported anywhere there is the internet. * Custom Website Development - Edit your own website that is custom built for your location. The layout will stay consistent with all franchisee locations, but you will have the ability to edit the content. * Consulting on any related issue * Valuable Training * Service Knowledge * Consistent Research and Development
The Athena Advantage℠ encompasses an entire tool box available to students to help them succeed academically, prepare for high stakes exams, and give them the necessary critical thinking skills for the 21st century workplace. Athena’s best-in-class curricula offerings include math, reading, and writing as well as SAT®/ACT® test preparation. These curricula offerings align to new and more rigorous standards, both in Common Core and non-Common Core states.
At Athena, we will provide your child with a thorough educational
assessment and develop a learning plan aligned to meet the standards of
your child’s grade, both in Common Core and non-Common Core states.
We’ve developed the Athena API-or Assessment for Personalized
Instruction. Our assessments are research based, time-tested, and
administered with experienced educational staff. Most of the time,
certified teachers will tutor your child twice per week for about 60 to
90 minutes of instruction per visit. We work with students individually
or in small peer groups. We generally recommend focusing on one subject
at a time but will accommodate two subject students by parent request.