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Updated RecentlysmART Explorers vs Ivybrook Academy Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of smART Explorers 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 | $27,500 | $310,700 - $440,200 |
| Franchise Fee | $19,500 | $50,000 |
| Royalty Fee | 7% | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 2006 | 2007 |
| Year Franchised | 2007 | 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 | No/No | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| 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 | * Franchise can be run from home * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 15 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About smART Explorers
NO LONGER FRANCHISING
About Ivybrook Academy
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Ivybrook Academy was created by a public school teacher who was
looking to balance quality of life with owning a business. As a highly
involved mom of two very young children, she sought a means of achieving
financial freedom that would also allow her more time with her kids.
Enter the Ivybrook Academy model.
- Steady daytime hours of operation - 8:15 to 4:30
- No transportation/busing of children
- No lunches served
- Professional teachers with 4-year teaching degrees
- Progressive blended curriculum based on Reggio Emilia and Montessori methods
- The facility is closed approximately 32 work days per year
- When summer hours are involved, the facility closes by noon
As part of the
Ivybrook Academy franchise family, we’ll help you through developing,
running, and owning your own Ivybrook Academy!