E2 Young Engineers Franchise Opportunities, Revenue and Locations
HOW MUCH IS A E2 YOUNG ENGINEERS FRANCHISE?
When you seek for a franchise opportunity that you can actually purchase with a very low investment and when you are passionate about working with young people to help them develop their engineering skills, then it is time considering how much is an e² Young Engineers Franchise.
WHAT IS E² YOUNG ENGINEERS ALL ABOUT
What e² Young Engineers does is to introduce theoretical knowledge to young and growing kids and also implement the practical aspect of this knowledge especially in Science and technology, Mathematics and Engineering fields. These programs are created to establish educational goals that can be achieved through combination of digital and hands-on learning systems with the company’s customised design – LEGO and the K’Nex assembly kits.
Using this combination the company successfully implement an effective curriculum and teachings on programming designed to meet an educational format.
E² Young Engineers was established in the year 2008 and it started with 8 learning centres that utilize a single lesson plan and curriculum. At the moment the company has grown into hundreds of learning centers spread across 8 countries of the world. The programs established by the company have proven to be successful that in the year 2011, the founder Amir Asor was given the award of the Youth Business International’s Entrepreneur of the year.
IS e² Young Engineers A FRANCHISE?
With hundreds of location spread in different countries of the world, e² Young Engineers can be considered to be a franchise unit, owing to the fact that most of the locations are not directly owned by the company. The company started selling franchise opportunities in the year 2008, which was the year of its establishment. And presently they have perfected their franchise model to the extent that you only get to make great profits buying into their franchise opportunity.
THE E² YOUNG ENGINEERS FRANCHISE OPERATING MODEL
The e² Young Engineers franchise is home based and when you buy into the franchise, your responsibility will be to provide education and tutoring services to growing children and their families, using the company’s patented curriculum that is focused around the LEGO and K’Nex bricks.
You will also be saddled with the responsibilities of instilling some specific skills into these children, who are considered your clients. Skills that will remain invaluable to them for the rest of their lives.
The company’s tested and proven programs make use of scientific principles in ways that are filled with fun and combines experiments that instil engineering intuition into the kids.
These programs are delivered to the clients in partnership with local community centres, playgroups, schools, religious organizations and most other centres that children activities take place.
HOW MUCH CAN I MAKE AS AN E² YOUNG ENGINEERS FRANCHISEE?
The amount of money that you can make as a franchisee with the company will depend on a lot of factors, which will include the area that you live in, the cost of labour in that area, lease rates and a host of other factors.
If you need assessment on how much you can make with the company’s franchise, the company will be so ready to help you with that information.
BENEFITS OF AN E² YOUNG ENGINEERS FRANCHISE
When you buy into an e² Young Engineers franchise, you will be tapping into a whole lot of opportunities, which will be discussed as follows:
- There is minimal risk involved in buying into an e² Young Engineers franchise as the company has a 6 months 50% money back guarantee. This you will not get with most other franchises around. If after 6 months of operating your franchise unit and you feel that you are not satisfied with the services, then you get your 50% back of the initial franchise fee payment made to the company.
- The franchise is quite easy to operate as the company has developed a very simple and very easy approach to an educational-based business that is very easy to learn. Franchisees with e² Young Engineers leave the training with the confidence, knowledge and tools that they need to grow a very successful children’s education business.
- Among other benefits that you get is the opportunity to get repeated business. With this the value of every customer that you work with can be measured in years and not on individual transactions.
HOW MUCH DOES AN E² YOUNG ENGINEERS FRANCHISE COST
The e² Young Engineers franchise cost will be the total investments that will be expended in establishing a franchise unit. The initial investment needed is within the range of $36,000 to about $60,000 with a net worth requirement of about $35,000 and then a liquid cash requirement of about $33,000
THE E² YOUNG ENGINEERS FRANCHISE FEE
The e² Young Engineers franchise fee is the payment made to the company to get the license to operate under the company’s brands. The initial franchise fee is $25,000 with an on-going royalty fee of about 7% and an ad royalty fee of about 3%
DOES E² YOUNG ENGINEERS FRANCHISE OFFER FUNDING?
The company does not offer any form of direct or indirect financing to their franchisees.
HOW TO OPEN AN E² YOUNG ENGINEERS FRANCHISE
Once you have gotten the information on how to open an e² Young Engineers franchise, the next step to take is to submit your application to the company’s website. This will be reviewed and feedback will be given after some few days.
If you are considered for a franchise opportunity, you will be assigned a franchise manager who will give you further guidance on how to open your e² Young Engineers franchise unit.