- Liquid capital required
- $100,000
- Net worth required
- $100,000
- Total investment
- $50,000 – $60,000
- Financing
- Via 3rd party
- Training
- Available
- Total units
- 92
- Year founded
- 2003
About Challenge Island
An international educational enrichment franchise, Challenge Island is an award-winning institution at the forefront of S.T.E.A.M. education. The program gives children a unique learning experience by offering imaginative journeys to a wide range of thematic islands, each offering action-packed challenges. Children work in collaboration using only the materials provided in their treasure chests to complete the challenges, fostering cooperation and creativity. The "island" format offers flexibility for an array of cross-cultural material while helping elementary school children develop communication and critical thinking while catering specifically to the most important trends in science, technology, engineering, arts, and math.
Values & History
The Challenge Island experience was created in 2003 by award-winning educator, author, and freelance parenting/education journalist Sharon Duke Estroff. The programs unique approach ensures a fun, engaging experience for children of elementary school age. Its chief goal is to equip children with all they will need to prepare them for a lifetime of 21st-century era learning. The organization moved to a franchise-based model in 2012 and maintains partnerships with several Non-Profit groups, including Girl Scouts and Boys and Girls Clubs.
Industry Performance
Challenge Island is a Franchise 500 ranked international educational program with over 80 locations in operation worldwide. Offering a protected territory with at least 30 elementary schools and a unique, proven business model that can be operated on a full or part-time basis, Challenge Island franchises feature low, self-controlled fixed overhead costs and year-round income potential through several non-school based initiatives such as summer camps, birthday parties, and field trips.
Purchasing a Challenge Island Franchise
Ownership of a Challenge Island franchise requires a net worth of at least $100k and access to a minimum of $50k in liquid capital. Third-party financing is available. The total investment cost for Challenge Island franchise ownership will be between $47,600 and $62,450.
Ideal Candidate & Qualifications
Preferred candidates for ownership of a Challenge Island franchise are energetic and outgoing, enthusiastic about entrepreneurship and business growth, and passionate about children's education. Possession of strong organizational, planning, and communication skills are essential for success. Ideal candidates will have proven marketing and sales experience. A large part of Challenge Island's success comes from community outreach, so a desire to build relationships and give back to the community will also be necessary.
Training & Support
Extensive and ongoing training is provided and continuously updated as the curriculum is refreshed. Challenge Island provides comprehensive lesson plans and access to a range of training resources to ensure new franchisees have everything they need to successfully manage their business.
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