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Below is an in-depth analysis and side-by-side comparison of SpanishFUN 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 | $12,500 | $310,700 - $440,200 |
Franchise Fee | $150 | $50,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 1% |
Year Founded | 2004 | 2007 |
Year Franchised | 2005 | 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 | Franchisee Residence 3 Days | 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 | Central Purchasing Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline | 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 | Average Number of Employees: 1 Full-time, 0 Part-time Passive Ownership: Not Allowed | Number of Employees Required to Run: 15 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
SpanishFUN is a low-investment franchise, providing EarlyAGE language activities, introducing pre-schoolers to Spanish basics, including numbers, colors and everyday words and phrases. No teaching or second language experience required. Try for 90 days risk free!