General

Industry

Education Programs

Category

Tutoring

SBA Identifier

Year of Founding

2016

Fees

Marketing Fee

1%

Royalty Fee

6%

Franchise Fee

$45,000-$45,000

Investment Range

$190K-$446K

Location units

Total U.S. Locations

1

U.S. Franchised Units

0

U.S. Corporate Units

1

Headquarters (City)

Fremont

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2019

Issuance of FDD Data

04/10/2019

What to know about Learning Bee franchise?

The franchise offered is for the operation of an after-school enrichment center for school-aged children from kindergarten through the eighth grade providing age specific structured enrichment programs and activities to augment their regular school education in addition to summer camps programs. Each center utilizes our proprietary interactive curriculum that complements our different themed enrichment programs all of which foster academic, social and life skill development. This is an education-oriented business geared towards serving families who value raising their children to be creative, problem solvers and independent thinkers, under the name "Learning Bee".

Learning Bee is based in Fremont, CA. Scroll down to learn more!

How much does a Learning Bee franchise cost?

Are you wondering how much is a Learning Bee franchise? Before starting a Learning Bee franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Learning Bee franchise is $190,100 and can go all the way up to $446,400. Keep in mind, you should also allocate additional funds to live off of while the Learning Bee business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Learning Bee franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Learning Bee business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Learning Bee franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Additional Details

How much does a Learning Bee franchise owner make?

Learning Bee franchise earnings and revenue can vary significantly from one franchisee to another.
The Learning Bee franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Learning Bee unfortunately does not disclose financials on how much Learning Bee franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Learning Bee does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Learning Bee franchisees. Do note that Learning Bee is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Learning Bee franchisees to understand how much money they are making from their Learning Bee business.

You should also speak to former Learning Bee franchisees to understand why they left the system. Did they sell their Learning Bee at a profit? Were they forced to close their Learning Bee franchise down because it kept losing money?

What is the Learning Bee franchise fee?

Owning a Learning Bee franchise requires 6% royalty fee and 1% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Learning Bee Franchise Disclosure Document

Keep in mind, there is also an initial Learning Bee franchise fee of $45,000 that is included in the initial investment amount of $190,100 to $446,400. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Learning Bee franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Learning Bee franchise fee of $45,000.

Visit the Learning Bee metrics tab to explore the financials for this business, royalty and marketing fees compare to other Education Programs franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Learning Bee founded?

Learning Bee started offering franchises in 2019. Learning Bee was founded 6 years ago in 2016.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Learning Bee locations are in the U.S.?

As of 2019, there were 0 locations across the U.S. There are also 1 corporate locations. Most Education Programs franchises like Learning Bee have more franchised locations than corporate locations.

How many Learning Bee franchises opened over the past few years?

Over the prior 3 years we have data for, Learning Bee has opened 0 outlets throughout the U.S. Visit the Learning Bee metrics tab to explore how the openings compare to other Education Programs franchises.

How many Learning Bee franchises closed over the past few years?

Over the prior 3 years we have data for, Learning Bee has closed 0 outlets throughout the U.S

Visit the Learning Bee metrics tab to explore how the openings compare to other Education Programs franchises.

Is Learning Bee growing? Are they opening more locations than they are closing?

The net unit growth rate for Learning Bee over the past 3 years is 0%. Over the last year we have data for, Learning Bee had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Learning Bee growth rate compares to 2,000+ other franchises and Industry franchises like Learning Bee. More info in the Learning Bee metrics tab.

Is Learning Bee franchise eligible for an SBA Loan?

Learning Bee is not eligible for SBA loans including the 7(a) loan last time we checked.

Learning Bee franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Learning Bee that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Learning Bee a franchise in the United States?

According to the SBA, Learning Bee does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that Learning Bee provides you with an FDD if you are in discussion to buy a Learning Bee

What is the Learning Bee Franchise for Sale Rate?

The Learning Bee systemwide health and franchisee satisfaction can be measured by the Learning Beefranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Learning Bee franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Learning Bee had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Learning Bee franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Learning Bee. More info in the Learning Bee metrics tab.

What is the Learning Bee Franchise Failure Rate?

Learning Bee franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Learning Bee failure rate over the past 3 years is 0%. Over the last year we have data for, Learning Bee had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Learning Bee franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Learning Bee. More info in the Learning Bee metrics tab.

How can I find out more details on Learning Bee franchise?

Visit the Learning Bee metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Learning Bee

$318,250

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Learning Bee

6%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Learning Bee

$45,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Education Programs

Category

Tutoring

SBA Identifier

Year of Founding

2016

Fees

Marketing Fee

1%

Royalty Fee

6%

Franchise Fee

$45,000-$45,000

Investment Range

$190K-$446K

Location units

Total U.S. Locations

1

U.S. Franchised Units

0

U.S. Corporate Units

1

Headquarters (City)

Fremont

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2019

Issuance of FDD Data

04/10/2019

Detailed Franchise metrics for Learning Bee

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Learning Bee below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Learning Bee

0%

0%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Learning Bee

NA

0%

Industry median

All franchises median

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Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Learning Bee

NA

0%

Industry median

All franchises median

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Business details

Company Name

Business email

**********@******.com

Mailing address

39977 Mission Boulevard

State headquarters

California

Owner Name

Learning Bee

Phone

+1 (000) 0********00

City

Fremont

Zip code

94539
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