Marigold Academy

Childcare
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$746K - $940K
Units as of 2024
2 Increase 0.0% over 3 years

Company Overview

About Marigold Academy

Industry Children's Businesses
Related Categories Childcare, Children's Education/Enrichment
Founded 1989
Parent Company Marigold Academy LLC
Leadership Jay Shah, CEO
Corporate Address 156 Washington St.
Bloomfield, NJ 07003
Social Facebook, Instagram

Business Overview

Franchising Since 2023 (1 years)
# of employees at HQ 40
Where seeking

This company is offering new franchises in the following US states: Connecticut, District of Columbia, Delaware, Florida, Georgia, North Carolina, New Jersey, New York, Pennsylvania, South Carolina, Texas

# of Units 2 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Marigold Academy franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$50,000
Initial Investment Information Circle
$745,750 - $939,600
Net Worth Requirement Information Circle
$1,000,000
Cash Requirement Information Circle
$2,500,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
7%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Marigold Academy has relationships with third-party sources which offer financing to cover the following: startup costs

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 80 hours
Classroom Training 40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Ad Templates
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
Yes
# of employees required to run 15-30
Are exclusive territories available? Information Circle
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022