rrp logo

READING READINESS FRANCHISE PROGRAM

SUMMARY

franchise kids laughing

EARLY CHILDHOOD LEARNING CENTERS IN THE US INDUSTRY STATISTICS

rrp statistics graph
rrp kids cycle

EARLY CHILDHOOD LEARNING CENTER INDUSTRY IN THE US

Industry Definition:

Establishments in this industry, both public and private, primarily provide basic preparatory education courses for children aged two years to those reaching the compulsory school-entry age. This industry excludes establishments that primarily service adults and provide child-teaching services.

Industry Products And Services:

Industry Activities:

HOW MUCH DO PARENTS SPEND ON CENTER-BASED DAYCARE AND PRESCHOOL FOR THEIR YOUNG CHILDREN? IN OTHER WORDS, WHAT IS THE MARKET PRICE OF THESE SERVICES? THE ANSWER IS IMPORTANT FOR PARENTS, GOVERNMENT, POLICYMAKERS, AND PROVIDERS.

rrp dad teaching

WHY DID WE FRANCHISE?

Having spent the last 10-years owning, operating, and building a successful program with overwhelming demand, that can be easily replicated, we wanted to share our knowledge and offer like-minded entrepreneurs with a passion for teaching (and helping) the opportunity to benefit from our proven model, wherever they may reside.
rrp school franchise

WHAT TYPE OF FRANCHISEES ARE WE LOOKING FOR?

Having spent the last 10-years owning, operating, and building a successful program with overwhelming demand, that can be easily replicated, we wanted to share our knowledge and offer like-minded entrepreneurs with a passion for teaching (and helping) the opportunity to benefit from our proven model, wherever they may reside.
rrp type of franchisees
rrp franchise look like

WHAT DOES THE FRANCHISE PROGRAM LOOK LIKE?

MARKETING ASSISTANCE

rrp marketing assistance
rrpStarterKit

READING READINESS STARTER KIT

All the curriculum needed to start the franchise.
Manuals
Website

APPLICATIONS TO RUN READING READINESS CENTERS

Registration App:
Sign In App:
rrp mobile apps
rrp newpapers

NATIONAL ADVERTISING

The franchisor will be collecting 1% gross revenue, which will be put into a separate account and will be used to initially help develop the brand by geo-targeting advertisements and promotions to areas franchisees operate. In addition, funds will be used to promote the brand nationally. These funds are required to be spent on marketing and the account used to hold the funds will be audited annually to show to franchisees where their advertising dollars are being spent. This is a value-add to new franchisees as it promotes the brand, gives it credibility and also assists in student on-going acquisitions.

STAFF REQUIREMENTS

Each Reading Readiness Franchisee or Manager will be required to either have the following credentials;
Bright, friendly, warm and caring humans required!
rrp staff

BREAKDOWN OF SET UP FEES

Reading Readiness Center Total Initial Investment
Description Low High
Real Estate/Rent $2,000 $6,000
Utility $100 $500
Leasehold Improvements $5,000 $10,000
Furniture, Fixtures, and Equipment $2,000 $5,000
Computer Systems $1,000 $2,000
Insurance $200 $1,000
Signage $500 $2,000
Office Expenses $15,000 $25,000
Inventory $2,500 $5,000
Licenses & Permits $1,000 $3,000
Professional Fees $1,000 $3,000
Working Capital $20,000 $30,000
Total Before Franchise Costs $50,800 $94,500
Average $72,650
Training $100 $6,000
Franchise Fee $35,000 $35,000
Total With Franchise Costs $80,900 $130,500
Average $104,450

READING READINESS CENTER MODEL

Reading Readiness franchise business with plenty of flexibility. Programs can run multiple times a day (at least twice/day). And in the afternoon, have homework and/or private tutoring sessions. (Sort of a Kumon, or mathnasium concept).

KIDS: AGES 3-6 YEARS OLD

9:00am-12:00pm. MWF $399/month 12 students
9:00am-12:00pm TTH $299/month 12 students
Note: Anyone interested in all 5 days can simply signup for both classes. I have kept the cost very low (other places charge much higher, it’s their weekly charge). I have also kept the number of students very low, with this price, there would be a lot more students.

AFTERNOON PROGRAM / AFTER SCHOOL

12:00pm-2:00pm MWF Afternoon Session $349/month 8 students
12:00pm-2:00pm TTH Afternoon session $249/month 8 students
2:15pm-3:15pm MWF (Semi private Tutoring 4:1) $249/month 6 students
2:15pm-3:15pm TTH (Semi private Tutoring 4:1) $199/month 6 students
3:15pm-4:15pm MWF (Semi private Tutoring 4:1) $249/month 4 students
3:15pm-4:15pm TTH (Semi private Tutoring 4:1) $199/month 4 students
4:15pm-5:00pm MWF (Semi private Tutoring 4:1) $249/month 5 students
4:15pm-5:00pm TTH (Semi private Tutoring 4:1) $199/month 5 students

ART/CRAFT CLASSES

4:00pm-5:00pm. Tues $119/month 8 students
4:00pm-5:00pm Thurs $119/month 8 students
9:00am-10:00am Sat(Optional) $119/month 8 students
10:00am-11:00am Sat(Optional) $119/month 8 students

MONTHLY ESTIMATED EXPENSES

Rent $2,000.00 - $4000.00
Utilities $200.00 - $500.00
Payroll $4,000.00 - 6,000.00
Office Expense $300.00 - $500.00
Insurance/Additional Expenses $300.00 - $500.00
Total $6,800.00 - $11,500.00

TRAINING PROGRAMS

Initial assistance provided by The Franchisor will include the following franchisee training programs:

PHASE I — TRAINING PROVIDED AT THE FRANCHISOR’S LOCATION
Reading Readiness Center will provide franchisees with approximately 5-days of initial training (approximately 8-hours per day) at the Franchisor’s location in Irvine, CA, beginning approximately four to six weeks before the franchisee is scheduled to open for business. This will typically include administrative, operational, and sales/marketing matters; it will also include some amount of hands-on training. This training will be provided for the franchisee and up to one other team member.

PHASE II — TRAINING PROVIDED AT THE FRANCHISEE’S LOCATION
On-site training typically takes place when the franchisee commences operations of their franchise. An experienced trainer from Reading Readiness Center may provide on-site training for a period of up to three days to assist the franchisee in the commencement of operations. No franchisee will be allowed to commence operations until the franchisee has successfully completed the initial training program. The franchisee will not be permitted to continue operations until successfully completing the technical aspects of the initial training program. Franchisees will be required to attend up to one session per year, which can be up to two days of refresher/update training or meetings. Space permitting, the Franchisor will provide the opportunity for franchisees to send additional personnel to refresher training. This training will be provided at no cost, but the franchisee will pay for all applicable travel, lodging, and out-of-pocket expenses.
rrp education tree
rrp support team

SUPPORT PROGRAMS

OPERATIONAL SUPPORT
Reading Readiness Center will provide ongoing training and support in many areas critical to the success of the franchisee’s business, including unit operations and maintenance, customer-service techniques, product ordering, suggested pricing guidelines, and administrative procedures.

MARKETING SUPPORT
Reading Readiness Center will coordinate development and design of advertising materials and strategies for the benefit of all members of the franchise network. It will also supply franchisees with consumer marketing plans and materials for use at the local or regional level and retains the right to approve all local advertising materials that the franchisee chooses to develop. All marketing and promotional materials created will be available to franchisees.

PURCHASING
The Franchisor or its affiliate will negotiate quantity discounts on behalf of all its members, passing some or all of these savings on to the franchisees.

ACCOUNTING/AUDIT/LEGAL
Reporting directly to administration, this third-party department is responsible for the financial and legal oversight of franchisees.

ONGOING RESEARCH AND DEVELOPMENT
Reading Readiness Center and leadership will continue to research methods and techniques for franchise operations (including purchasing and promotional schemes) that enhance unit-level profitability for its franchisees.

CONCLUSION

Through 10+ years of experience, the leadership of Reading Readiness has recognized a need for a new brand and business model that, through franchising, can offer higher quality services and a more sophisticated plus technologically driven approach to developing the market. Reading Readiness Center is a low investment franchise concept that fits into one of the more traditional franchise segments. Education franchises have been successfully replicated and sold through franchising for almost sixty years. The Reading Readiness Center franchise system fits a very nice market niche in today’s economy. With a model that presents strong ROI with solid, experienced management and proper oversight we believe that this is a compelling, well-timed opportunity. The current team and existing markets make for a powerful combination of business leadership skills and complete industry credibility. Through franchising, the franchisor will lend a solid and growing brand in Reading Readiness Center to local franchise owners. Together, the power of entrepreneurship and the leveraged economies of scale that a larger business can provide, will lend the Reading Readiness Center the ability to grow nationally, successfully, and quickly!

FREQUENTLY ASKED QUESTIONS

No. At Reading Readiness, we believe that children are at an extremely important development phase between the age of 3-years and through to Kindergarten. Our methods will allow them to learn how to communicate more effectively, understand their learning styles, and have a great head start to prepare them Kindergarten.
First, your state/county may have specific requirements regarding the number of square feet required per student. Additionally, restrictions are placed on areas that are deemed unsafe by local authorities. As a franchisee, you are not required to build a new building to conform to our space requirements. We believe that there are so many space types that would be great options for a Reading Readiness Center including multi-use space, churches, commercial office buildings, even small retail space.
Absolutely! In fact, we are pretty confident that once you open your first location you will see quickly enough demand to open another, and within a very close proximity.
Anywhere from 1200-2300 square feet of space in a populated residential/commercial area. Remember, our team will be available to assist.
The minimum investment is $80,400 and can be as high as $128,500 however that’s unlikely. Our franchise fee is $35,000 which is to be paid on signing of your franchise agreement. In addition, there is a $10,000 student acquisition marketing kit available that also requires payment in full.
We hope each franchise owner will be available to complete initial training and be heavily involved in the operations of their Reading Readiness Center. However, you can choose to have a Director at your school that will manage the day-to-day operations if you wish.
We provide franchisees with a detailed process, including job listing templates and interview questions, that should make hiring simple. We do not, however, participate in the selection process. Your teachers work directly for you.
We have developed a student acquisition kit that offers a variety of marketing tools to help you spread the word within your community. Social media, paid search engine ads, local groups and direct mail are some of the tools available.
Of course, there are no restrictions on how you form your franchise and who it’s with.
No, a childcare background is not necessary to become a Reading Readiness franchisee.
Not necessarily, it depends on the state. We will work together with you to determine if it is necessary.
Not necessarily, it depends on the state. We will work together with you to determine if it is necessary.
We have several finance companies that we can introduce you to to leverage your 401k or retirement accounts.
There are many options available. We can introduce you to several financing resources, so you can investigate which one is the best fit for you.
Absolutely. We can discuss further on our initial call. All Reading Readiness territories are protected by population and map.
Your protected territory is assigned once you sign the Franchise Disclosure Document and Agreements.

QUESTIONS FOR THE PROSPECT