Montessori Kids Universe Franchise Review (2024)
Montessori Kids Universe Franchise Background
Montessori Kids Universe is the premier Montessori childcare franchise, offering their franchisees the unique hybrid of a childcare center, coupled with the curriculum and philosophy of the Montessori approach and a proprietary Reggio inspired Art & Science program
The children have the opportunity to develop into joyful, confident learners who are prepared for success in school and life. Well-trained, certified Montessori teachers act as guides, fostering the academic, cognitive, social, and emotional development of each child
With over 30 years of experience in the private school industry and through developing many locations, they have deep industry knowledge regarding best practices and what works.
Management Team
Montessori School Franchising LLC was incorporated in the state of Florida in December of 2012. Tom & Nancy Boehm; founders of Montessori Kids Universe have worked over thirty (30) years perfecting a Montessori childcare franchise model. During that time, they founded, owned and operated eighteen (18) for-profit childcare centers. All locations were successful and profitable, most of which continue to operate today.
Through years of experience, the Boehm’s identified a significant opportunity; to establish a franchise system offering a Montessori-Reggio childcare model.
Franchise Children Program Industry Analysis
Franchise Strengths
- Montessori is a world-renowned name brand and proven education curriculum
- No need for extensive educational background as management skills and leadership are more important for the success of the business
- Management team provides strong training and support
- Necessary in all regions of the U.S.
Franchise Weaknesses
- Dependent on finding the right educators to learn then implement the Montessori and DaVinci Kids curriculums
- Relatively complicated concept due to the number of employees and curriculum involved
Franchise Opportunities
- Growing rapidly in many areas across the U.S., situating itself as the premier Montessori school
- Large market opportunity – 24 million children under the age of 6, of which 15 million require child care. Additionally, 64% of mothers with children under the age of six are in the workforce
- Territories available all over the U.S.
Franchise Threats
- Operating in a large, competitive market
- Inability to continue to adapt to the ever-changing childcare / educational new best-practices and landscape
- Profits can be negatively impacted due to close proximity of a similar competitor
How much is a Montessori Kids Universe?
Montessori Kids Universe Franchise cost ranges from $419,911 to $948,871 $ according to the 2020 FDD.
Cost Types | Amount (in USD) | When Due | To Whom Payment is to Be Made | |
---|---|---|---|---|
Low | High | |||
Franchise Fee | $37.500 | $56.000 | Upon signing FA | Franchisor |
Real Estate Location Assistance Fee | $5.000 | $5.000 | Upon signing FA | Franchisor |
Optional Lease Gurantee Fee | $8.000 | $20.000 | Upon Signing Lease | Franchisor |
Architectural “Test Fit” | $1.200 | $2.500 | When Ordered | Approved Vendor |
Architect / Space Planner | 7.000 | 50.000 | Before Construction | Vendors |
Space Build Out & Leasehold Improvements | 200.000 | 500.000 | Before Beginning Operations | Approved Vendor |
Playground Design, Equipment, and Fencing | 40.000 | 85.000 | Before Beginning Operations | Approved Vendors |
Furniture, Fixtures, Décor & Montessori Materials for 3 Classrooms | 40.000 | 54.000 | Before Beginning Operations | Suppliers |
Signage | 5.000 | 15.000 | Before Opening | Local Suppliers |
Computers and Tablets | 2.000 | 3.000 | Before Beginning Operations | Vendor |
Internal Camera System | 3.000 | 4.500 | Before Beginning Operations | Approved Vendor |
Office Furniture and Equipment | 2.000 | 3.500 | Before Beginning Operations | Suppliers |
MKU New Owner Training, per person attending | 2.000 | 3.000 | During Training | Hotels, Restaurants, Airlines |
Montessori Teacher Training | 3.000 | 8.000 | Prior to Enrollment | MKUTI – Montessori Kids Universe Training Institute |
Staff Uniforms | 250 | 500 | Before Beginning Operations | Suppliers |
Rent / Security Deposit | 10.000 | 60.000 | Upon Signing Lease | Landlord |
Pre-Opening Marketing Campaign | 2.000 | 3.500 | Before Beginning Operations | Local Vendors |
Pro Care Management Software, License, and Training | 3.975 | 4.395 | Before Beginning Operations and Ongoing | Approved Vendor |
Childcare Aware CRM System | 676 | 676 | Before Beginning Operations and Ongoing | Approved Vendor |
Montessori Compass Record Keeping and Assessment Software | 35 | 100 | Monthly | Approved Vendor |
Utility Deposits | 250 | 500 | Before Beginning Operations | Utility Providers |
Insurance | 350 | 500 | Varies | Insurer |
Payroll Service | 75 | 200 | Monthly | Payroll Service Vendor |
Legal & Accounting | 1.500 | 3.500 | Before Beginning Operations | Attorney, Accountant |
Permits & Licenses | 100 | 500 | Before Beginning Operations | Government |
Additional Funds & Working Capital | 45.000 | 65.000 | As Needed | Not Specified |
Total | $419,911 | $948,871 |
Royalty | Ad-Fund |
6% | 0% |
How Much does a Montessori Kids Universe Franchise make?
Annual Gross Revenue in Calendar Year 2019 | % of Franchised Locations that Atained or Surpassed the Result Shown | Years or Avg Years in Operation | |
---|---|---|---|
$1.231.475,00 | 14,2% | 2.25 Years | |
Lowest Gross Revenue | $140.466,00 | 100% | 1 Year |
$562.514,00 | 28,5% | Avg. 2.28 Years | |
Median Gross Revenue | $533.070,00 | 57,1% | 2.41 Years |