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Athena Learning Centers
 

Athena is a bright new face in the after-school learning center market co-founded by two experienced entrepreneurs that have spent their careers in the franchise and education industries. The business model has been well thought out for today's economic and education climate, and also designed for the single-unit operator as well as the multi-unit operator. The programs offered in the center are directly aligned with Common Core State Standards (CCSS). The technology that is in place at the operational level in the center is cutting-edge and allows the center to run effectively and efficiently. The programs offered along with the technology in the center will give you the competitive edge in the marketplace. Each franchised Athena Learning Center offers the Athena Advantage package of powerful solutions to help all students meet high standards and prepare them for college and the 21st century workplace.

Franchisor Background

Year Established:

  2011

Franchising Since:

  2012

Operating Units:

Franchised Units:4 80%  
Company-Owned Units:1 20%  
 ______ _____  
Total Operating Units:5 100%  
 

Geographic Distribution:

U.S.:5 100% In 3 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:5 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Texas3
2. New Jersey1
3. Florida1

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$300,000
Cash Investment:$25,000
Total Investment:$47,000 to 150,000
Average Total Investment:$100K
 

Fees:

Initial Franchise Fee:$25,000
Average Franchise Fee:$25K
On-Going Royalty:7
Average Royalty:7%
Advertising Fee:2

Average Number of Employees:

   2 Full-time, 8 Part-time

Space Needs (in square footage):

   1800

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:8
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Princeton, NJFive Days
2. On-siteAs needed
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:3
Formal Education:4
Psychological Profile:3
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:0
Asian-American:0
Hispanic:0
Native American:0
Other:0
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:5 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 10 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   6
U.S.:Yes, All
Canada:Yes, All
Overseas:Yes, All
 
 
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