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Below is an in-depth analysis and side-by-side comparison of Core Education & Fine Arts vs Challenge Island including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $250,000 - $500,000 | $48,300 - $62,950 |
Franchise Fee | $50,000 | $39,900 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 1998 | 2003 |
Year Franchised | 2003 | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Many of our franchise owners have corporate backgrounds and have previously enrolled their children into cefa schools. The owners have recognized the opportunity to enjoy a work/life balance, spend more quality time with their family, and to be rewarded personally and financially. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | You will be enrolled in our cefa certified training course to learn all about cefa and our curriculum. You will also receive one-on-one training in the areas of administration and operations. *Initial Training *On-going Professional Development *Curriculum *Program | 3 days of classroom and hands-on training. Some of the key aspects of the training is provided by the Founder of Challenge Island, Sharon Estroff. Once you return to your market and are ready for business, Challenge Island will have a support person come to your market for one-full day and provide on-site training and assistance. On-The-Job Training: 8 hours Classroom Training: 24 hours |
Support | Real Estate & Site Development *Demographics *Zoning *Site Selection *Lease Negotiation *Building Design *Construction Management | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | *Direct Mail *Email Marketing *Individual and corporate website *Internet and Print Advertising *Marketing Materials *Social Media *Trade shows *Strategic alliance with prominent schools and businesses | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | *Licensing Assistance and Opening Assistance *Hiring of Initial Principal/Faculty *Budget Control | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | Yes | Yes |
Challenge Island Founder and Creator, Sharon Duke Estroff M.A.T. is an award-winning educator with over two decades of teaching experience in Atlanta public and private schools. She is the author of the popular parenting book Can I Have a Cell Phone for Hanukkah? (Random House) and a feature parenting and education writer for numerous national publications including Woman's Day, Good Housekeeping, Parents Magazine, and Huffington Post.
Sharon created Challenge Island while on maternity leave with her fourth child. Maxed out on late-night reruns of a popular, realityTV show, she began wondering if the same basic principals (minus the voting and island part) could become a means of motivating her students to take on complex higher level thinking tasks. She poured everything she'd learned about children into developing this idea, incorporating cutting edge research and educational thought. By the time her daughter graduated from 3 am feedings, Challenge Island was ready for primetime. It's been growing by leaps and bounds ever since.
Now over a decade later, thousands of children have experienced the magic and benefits of Challenge Island, as Sharon continues to develop fresh curriculum and content for this popular enrichment program.
*It's a proven model - truly a home-based business;
*Requires only a modest investment;
*Has NO national competition;
*Quick ROI on your low-cost franchise;
*Can be operated as a part/full time business;
*Has high profit margins;
*Has low fixed overhead;
*It's easy to operate;
*It can be easily taught to anyone;
*The classes, camps and birthday parties are affordable by nearly any family;
*Parents view the classes, camps, and birthday parties as educational and therefore feel that the fees are well spent.
*Year-round income with camps during school vacations and birthday parties anytime.
*Thrive in any economy by providing affordable classes to parents who put education first on their list of expenditures.