Challenge Island Franchise
To buy a franchise with Challenge Island, you'll need to have at least $100000 in liquid capital and a minimum net worth of $100000. Challenge Island charges a franchise fee of $44900. They also offer a discount for veterans.
Franchisor Details
Total Units: 92
Year Founded: 2003
Franchising Since: 2012
Home Office: Marietta, Georgia
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $100,000
Net Worth Required: $100,000
Total Investment: $50,000 – $60,000
Franchise Fee: $44,900
Royalty Type: 7%
Vetern Discount: Yes
*Challenge Island is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
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.
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.
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.
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.
Challenge Island is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
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Challenge Island is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.