Franchising Status
Email Address
Phone Number
Unit Location
Email Address
Phone Number
8/10

Franchimp Summary Rating

10 /10
Higher than 0% of peers
5 /10
Higher than 57% of peers

Franchise Summary

Description
The franchisee will operate a Brilliant Minds after^sehool learning business. See Item 1 ofthis Offering Circularfor further details..
Company Background
Brilliant Minds Academy is the first franchise opportunity for after-school learning. We provide an engaging and interactive environment where children can learn, develop critical thinking skills, and enjoy themselves all at the same time.
Franchise Opportunity
Children are spending more and more time in front of screens, and less time engaged in creative and stimulating activities. According to a report from the Joan Ganz Cooney Center at Sesame Workshop, "Children who spend more than two hours a day watching TV or using other electronic devices are twice as likely to have trouble paying attention, controlling their impulses, and getting along with others." Brilliant Minds Academy is the solution. Our after-school program provides a fun and safe environment for children to learn, explore, and grow. We offer homework help, enrichment activities, and healthy snacks.
Corporate Structure
We grant franchises (referred.to in this Document as a "Brilliant Minds franchise") for the right to independently establish and operate an after school learning center using the Brilliant Minds mark and method of learning. Before the effective date of this FDD, we have not granted franchises in this or any other lines of business. We are engaged in no Other business. A franchise for the operation of a Brilliant Minds franchise within a defined territory is granted under the terms of our standard form Franchise Agreement found following Item 23 ofthis Franchise Disclosure Document.
Investment and Franchisee Fees
As of the date of this Offering Circular, the total investment necessary to begin operation of a Brilliant Minds There may also be laws on franchising in your state. Ask your state agencies about them. Issuance date:' February 17, 2020 Buying a franchise is a complex investment. The inforrriatiOn in this disclosure docurnent can help you make up your mind. More information on franchising, such as “A Consumer’s Guide to Buying a Franchise.” which can help you understand how to use this disclosure document, is available from the Federal Trade Commission. You Can contact the I^C at 1 877 FTG HELP or by writing to the FTC at 600 Pennsylvania Avenue, NW, Washington, D.C, 20580. You Can also visit the FTC’s home page at wwwTtc.gOv for additional information. Call your state agency or visit your public library for other sources of information on franchising. II Bfilliant:Minds Frarichising, Inc. a California corporation 6599 Dublin Blvd. Suite C Dublin, CA 94568 (510)579 8948 http:/Zbrilliantmindsacademy.com/ franchise is $48,200 to $170,500. This includes the $25,000 franchise fee that must be paid to the franchisor. Items .5 through 7 ofthis: Offering:Circular should be consulted for further detail.

Franchisee Attrition

10 /10
This franchise's rate of attrition in 2023 of 0.00% was Higher than the 0% in the Child-Related industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Disclosure Documents

FDD Effective Date

Brilliant Minds Academy Franchise System Development in 2019

FAQ

How much investment do I need to start my own Brilliant Minds Academy business?
Franchisees typically require at least $48,200 to $170,500 investment to get their Brilliant Minds Academy business started
What are the initial franchise fees for Brilliant Minds Academy?
We don’t know exactly how much the franchise fees are for Brilliant Minds Academy, but we can tell you that other franchises in the Professional Services sector typically need to pay between $29,438 and $50,387 to the franchisor
How much money can I make with a Brilliant Minds Academy franchise? What are the average revenues for a typical Brilliant Minds Academy business?
We haven’t done the math on how much revenue a typical Brilliant Minds Academy brings in each year. We estimate that other franchisees in the Professional Services industry generate $0 revenue, so we would expect Brilliant Minds Academy to generate a similar amount
How long do I need to commit to running a Brilliant Minds Academy unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

5 /10
The Franchisor's investment costs ranges from $347,200 to $542,100 which is Much Lower than the $431,446 to $993,870 average in the Child-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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