MindChamps International PreSchool; MindChamps
MindChamps International PreSchool Franchising Inc. offers franchises for the establishment, development, and operation of premium preschool facilities under the MindChamps mark, providing educational activities and childcare services to children aged six weeks to five years old. The business model involves franchisees leasing or acquiring sites, paying initial fees, and operating Schools using the franchisor's proprietary systems, marks, and support services. It targets parents in urban and suburban areas seeking high-quality early childhood education and childcare.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
7% royalty + 2% brand fund + $940-$1,542/mo technology & software fees
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How MindChamps International PreSchool; MindChamps Compares to Other Early Childhood Education Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
MindChamps International PreSchool; MindChamps Current | $726K - $1.2M | $100K | 7.0% | 0 |
| THE LEARNING EXPERIENCE ACADEMY OF EARLY EDUCATION | $781K - $1.5M | $60K | 7.0% | 411 |
| KIDDIE ACADEMY EDUCATIONAL CHILD CARE | $405K - $915K | $150K | 7.0% | 344 |
| Jovie | $124K - $193K | $50K | 5.0% | 165 |
| CHILDRENS LIGHTHOUSE SCHOOLS | $1.1M - $1.5M | $85K | 7.0% | 69 |
| Lightbridge Academy | $1.1M - $3.1M | $40K | 7.0% | 55 |
Early Childhood Education Average 17 franchises | $868K - $2.3M | $76K | 6.6% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 17 Early Childhood Education franchises by location count.
SBA Loan History
Historical SBA 7(a) loan data for MindChamps International PreSchool; MindChamps franchisees (2018 - 2018)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a MindChamps International PreSchool; MindChamps franchise?
The total initial investment to open a MindChamps International PreSchool; MindChamps franchise ranges from $726,230 to $1,183,656. This includes a franchise fee of $100,000. Ongoing royalty fees are 7.0% of gross sales.
Can you get an SBA loan for a MindChamps International PreSchool; MindChamps franchise?
Yes, SBA loans are available for MindChamps International PreSchool; MindChamps franchises. Historical data shows 1 SBA 7(a) loans have been approved for MindChamps International PreSchool; MindChamps franchisees, with an average loan amount of $25,000. The historical default rate is 0.0%.
Is MindChamps International PreSchool; MindChamps a good franchise to buy?
MindChamps International PreSchool; MindChamps shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in MindChamps International PreSchool; MindChamps?
Talk to a franchise advisor to get personalized guidance and learn if MindChamps International PreSchool; MindChamps is the right fit for you.
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