the kla schools franchise investment overview · 2019-05-09 · the kla schools franchise...

12
klaschoolsfranchise.com The KLA Schools Franchise Investment Overview

Upload: others

Post on 18-Jul-2020

10 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

klaschoolsfranchise.com

The KLA Schools Franchise

Investment Overview

Page 2: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

The KLA Schools Franchise

Investment Overview

KLA Schools | 2

There’s never been a better time to invest in the American Education System/industry. While our nation’s public schools continue to offer exceptional “free and equal” education to all students, businesses like ours help to support them by providing students with a comprehensive foundation and supplemented with enrichment program focusing on academic, physical, and social curriculums during and after-school hours. Our unique methodology was inspired by the work of groundbreaking educational theorists like Vygotsky and Dewey, and parents love the balance we’ve struck between learning and playing. Since 2008, our franchise concept has steadily grown to more than 20 locations. Our time-tested business model combined with the popular services offered by our franchisees have led us to become a growing force in the private sector education industry. In this eBook, we’ll review some of the key points of our exciting franchise opportunity.

Page 3: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

The KLA Schools Franchise

Investment Overview

KLA Schools | 3

KLA Schools occupies a unique position in the industry because we provide childcare services (for children up to preschool age), private kindergarten, and supplemental afterschool/summer programs for older children. Each of these sectors generates a unique revenue stream, so our franchisees are in the great position of being able to capitalize on these diverse lines of service – each with plenty of potential for profit.

The Childcare industry is a $53 billion industry, and has been growing an average of 3.2% since 2013. For KLA Schools, the childcare services we provide to young children are a significant portion of our business. In fact, we’ve experienced so much interest in our preschool program that we even developed a kindergarten program! It provides the same great services tailored to the kindergarten children, and allows us to continue our relationship and continuity with our dedicated pre-K clients.

Small children with working moms are more likely to be enrolled in preschool – around 88%. On average, these families are willing to pay more for childcare than families with grade-school age children. These families place a high value in their children attending a high quality, premium day care center. Since 73% of moms are employed, an impressive number of families find themselves seeking out high-quality day care programs. KLA Schools are an attractive option for this demographic because our research-based program is designed to prepare students for school, excite them about learning, and establish a solid foundation from which their future teachers can build. Parents understand that it’s more important than ever to find just the right preschool for their child. KLA Schools provides a learning environment that’s fun, accessible, and driven by well-respected educational theory.

The afterschool education industry is also booming, with an estimated $23 billion in revenue, and with an average annual increase of 1.3%. Afterschool programs meet a variety of needs. For working parents, they provide kids with a safe place to go after school, where students can learn

The Education Industry Outlook

Page 4: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

The KLA Schools Franchise

Investment Overview

KLA Schools | 4

valuable new skills and continue exploring. They also provide students who need a little extra help with a learning environment that’s more tailored to their individual needs. KLA Schools provides students with a number of enrichment programs to help them develop language, artistic, and physical skills. Our franchises also offer extracurricular experiences like summer camp and school vacation camps to keep students engaged and learning when school is out! With services like these, there is plenty of opportunity for our franchisees to flourish in the afterschool education industry.

Page 5: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

The KLA Schools Franchise

Investment Overview

KLA Schools | 5

The InvestmentThe total investment in a KLA Schools franchise varies based on factors like the size and location of the school. We estimate that our franchisees will invest $475,000-$2,119,750 in their new business. This comprehensive investment covers just about everything you’ll need to get your school up and running, including:

INITIAL FRANCHISE FEEOur franchisees pay a one-time franchise fee of $80k. This fee offsets some of the costs associated with preparing your new business for opening, such as your training and the one-on-one guidance you’ll receive.

SITE SELECTION FEEWe charge a site selection fee of $20k to find you an approved location to set up your school. Our real estate experts analyze all kinds of demographic information about the potential customers in your area, and we synthesize it to determine where the best locations are to locate your KLS School. Finding and opening your school in the right location is one important way we help to drive traffic to our franchisees.

REAL ESTATEWe estimate that the amount you’ll spend on real estate starts at around $187,500. This part of the investment will cover the lease on your new location and any retrofitting that’s required to transform the building to meet our high standards to function as a KLA Schools franchise.

These are just a few pieces that make up the total initial investment. To learn more about what your investment will cover, visit our website or call us at 305-912-5521 Ext. 1235. We facilitate a comprehensive franchise development process for all prospective franchisees. We want you to make an informed decision so we ensure all your questions are answered and you receive detailed information about the KLA Schools Franchise Offering as we get to know each other and you explore becoming a Franchisee.

Page 6: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

The KLA Schools Franchise

Investment Overview

KLA Schools | 6

Training and SupportDon’t have day care or teaching experience? Don’t worry! Our franchisees come from all kinds of backgrounds, from retail to finance. The one thing they all have in common is their desire to build a successful business while helping empower the children in their communities. One of the reasons why our Franchisees are able to be successful is the training and support KLA Schools provides.

Franchisees, and their key employees, join us at our headquarters in Miami, Florida, where we train them on our methods and operating system through a combination of observation and classroom time. They learn how to keep things running smoothly “behind the scenes” (marketing, grand opening, scheduling, and so forth) as well as how to interact with potential customers (such as the “inquiry to enrollment” process, technology, and parent relations).

Our support doesn’t end once your initial training is completed. We’ve developed a number of resources to simplify the management of your new business, and are available to offer guidance and feedback as you begin to grow. We’ve integrated the use of technology into our business, and our franchisees utilize computer management systems that make administration an easy to follow process. Furthermore, we assist with marketing, helping our franchisees spread the word about their new business to the potential customers in their area.

Even if you’re totally new to the education industry, KLA Schools can help you establish a school and a business you’ll be proud of.

KLA Schools | 6

Page 7: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

The KLA Schools Franchise

Investment Overview

KLA Schools | 7

The ProcessThanks to our years of experience in the industry, we’ve been able to simplify the process of opening a new school. Our expertise in education and real estate help us to streamline steps for our franchisees. Here’s a quick look at the process of opening one of our franchises.

STEP 1: PRELIMINARY CONTACTThe first step is for us to make preliminary contact. You can click here to fill out a Request for More Information form to have one of our associates contact you, or you can give us a call at (305) 912-5521 ext. 1235. Upon making initial contact, we will schedule a preliminary phone or Skype conversation where we’ll be able to discuss the franchising process in greater detail. We’ll get to know you, provide you with further information about KLA Schools, and answer any questions that you may have. We’ll also provide you with the financial requirements for opening one of our franchises. If it seems like we’re a good match, we’ll move on to the next steps.

STEP 2: KLA FRANCHISE APPLICATIONFollowing our preliminary conversation, you will be provided with a KLA Schools Franchise Application. Upon completion, your application will be submitted to our Franchisee Selection Board Members for review and pre-approval. Factors such as your location interest, total investment amount and your financial resources, education, and experience, among other criteria, will be considered to determine if franchising with us is a good fit.

STEP 3: FRANCHISE DISCLOSURE DOCUMENTUpon receiving a copy of the Franchise Disclosure Document, you will be asked to sign the two receipt pages of the document. One of the pages will be retained for our records and the second page will be yours to keep. This receipt page shows that you have been disclosed, and that the fourteen-day waiting period to sign the franchise agreement and become a franchisee has begun.

Page 8: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

The KLA Schools Franchise

Investment Overview

KLA Schools | 8

STEP 4: FRANCHISE DISCLOSURE DOCUMENT REVIEWYou will have at least two weeks to carefully review the Franchise Disclosure Document. It’s a complex and highly detailed document, so working with legal counsel to review the document is recommended. We review each of the 23 FDD Items with you to ensure your understanding. It is important that you understand and agree to the provisions in the FDD prior to moving to the next steps in the Franchise Award process.

STEP 5: FRANCHISEE VALIDATION PROCESSHaving received and reviewed the FDD, will facilitate you speaking with current KLA Franchisees. The Franchisees will answer your questions and share their experience as a KLA Schools Franchisee and the relationship they have with the KLA Support Team. This is an important step for you to get to know our Franchisees and learn directly from folks who have gone before you in exploring and becoming a KLA School Franchisee

STEP 6: DISCOVERY DAYAfter completing the Validation Process, the next step will be to visit our Miami, Florida headquarters for a Discovery Day. During your Discovery Day, you’ll get a firsthand look at KLA Schools locations in the South Florida area, and meet with franchise and administrative members who make up the KLA Schools Franchisee Support team and understand the ins and outs of owning and operating a franchise. You will also meet with the Founder and CEO to understand his vision and strategic direction for KLA Schools. The Discovery Day will help you to understand our Culture and Core Values and to determine if we are truly the right fit for you. You will leave the Discovery Day feeling well-equipped to make an informed decision.

Page 9: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

The KLA Schools Franchise

Investment Overview

KLA Schools | 9

STEP 7: BECOME A KLA FRANCHISEEIf we both make the decision to move forward, we will offer you a KLA Franchise followed by the preparation of the Franchise Agreement. After signing the KLA Schools Franchise Agreement, you’re officially part of our team! From that point forward, our team members will be hard at work on the development of your KLA Schools franchise!

As you can see, this seven-step process is set up to be simple and allows franchisees many opportunities to learn about our brand firsthand. It’s designed to introduce franchisees to our team, our culture, and our business model so that they can make an informed decision and execute their franchise agreement with confidence.

Page 10: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

The KLA Schools Franchise

Investment Overview

KLA Schools | 10

The Ideal FranchiseeWe welcome franchisees of all backgrounds, but there are a few qualities we look for in everyone who applies.

First, our franchisees need to be well-qualified financially. Ideally, our franchisees should have a net worth of around $1 million, with liquid assets valued at about $350,000. Like any new business, investing in a KLA Schools franchise requires a significant investment. We’re looking for franchisees who will be able to nurture their business during its formative months while maintaining their lifestyle/without breaking the bank. Of course, financing is a popular option for many of our franchisees. While we don’t offer financing directly, our value proposition and business model look great on applications for Small Business Administration loans! We will introduce you to lenders who know franchising and who Know KLA Schools and the financial requirements.

Next, franchisees should be enthusiastic about starting their new KLA Schools business. Our investment model is a great fit for many franchisees because it offers a choice in management Style. A Franchise can choose to have a hands-on role in the management of their school, or can delegate the management role and tasks to trusted employees. Still, starting a new business requires some work, so we’re looking for franchisees who are willing to take an active role in the foundation of their KLA Schools franchise.

Are you …

• A husband and wife team looking to start a family business? KLA Schools is a great investment option for couples! One person can manage bookkeeping and behind the scenes tasks while the other can work with employees and parents! Delegating tasks to others is always a possibility, so enjoying a well-earned vacation together is easy to schedule.

• An executive looking to go into business on your own? Private sector education is a great industry to break into! With your business knowledge and our educational

Page 11: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

The KLA Schools Franchise

Investment Overview

KLA Schools | 11

experience, you can start a new business that provides valuable services to your community while helping you enjoy greater independence and reach your financial goals.

• An educator looking to put your skills to use in a new environment? Starting your own school is a great way to continue the work you’ve already started while enjoying much greater potential for financial rewards than you might in your current career. Ours is a valuable partnership: you already have the teaching expertise, let us show you the business side of the industry.

We hope this introduction to the KLA Schools franchise opportunity has been helpful. For more information, visit our website. There you’ll find even more information on our brand and what we have to offer our investors. You can also call us at 305-912-5521, ext. 1235. A KLA Schools Franchising Associate is ready to help answer your questions and provide information to facilitate you exploring the KLA Schools Franchise Investment.

Page 12: The KLA Schools Franchise Investment Overview · 2019-05-09 · The KLA Schools Franchise Investment Overview KLA Schools | 2 There’s never been a better time to invest in the American

klaschoolsfranchise.com