E2 YOUNG ENGINEERS Franchise Startup Cost, Revenue and Profit Margin
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.
ABOUT e2 YOUNG ENGINEERS FRANCHISE
e2 Young Engineers is an education business that was founded in the year 2008 by Amir Asor.
Having had learning disabilities at childhood, the founder, who also serves as e2 Young Engineers’ CEO was inspired to start this kind of business from his own experience. He knows better than most people that children learn in different ways and one method working for one child may not work for another, so the use of diverse teaching methods is what makes their programs stand out.
Having in mind that learning should not be a burdensome and tiring process which kills the interest of children, e2 Young Engineers provides a learning environment that is also fun for the students so that they can learn and also enjoy the way they gain knowledge.
The programs of e2 Young Engineers are useful in teaching Science, Technology, Engineering and Mathematics related subjects. The programs are very flexible, accommodating all kinds of children with their different learning paces, making children comfortable while using suitable methods to challenge and bring out the best in them
The teaching methods have been so fruitful, hence the massive success of the busines shortly after it was launched. e2 Young Engineers started franchising the same year it was founded and has units in over 42 countries all over the world.
e2 Young Engineers franchise offers a very safe and low risk business opportunity to entrepreneurs. Doing business here comes with a six months 50% money back guarantee, if after six months of operating as a franchisee with e2 Young Engineers franchise, you find yourself unsatisfied with the outcome, you can be rest assured that you will get back 50% of your initial investment.
This is a very good venture every entrepreneur should consider because the education industry will never go out of fashion, the demand for services offered by e2 Young Engineers can only increase.
In 2011, Prince Charles of England awarded the founder of e2 Young Engineers, Amir Asor with the prestigious Youth Business International (YBI) ‘Entrepreneur of the Year’ award.
Here is a breakdown of the requirements you must heed for you to start a franchise with e2 Young Engineers, you will need two employees to operate.
HOW MUCH DOES AN e2 YOUNG ENGINEERS FRANCHISE COST?
To start up a franchise with e2 Young Engineers, you must have a liquid capital of $35,000 minimum, along with other financial requirements.
e2 YOUNG ENGINEERS FRANCHISE FEE
You are expected to pay a franchise fee of $20,000. This payment gives you the right to use the business name and trademark of e2 Young Engineers anywhere in the world.
e2 YOUNG ENGINEERS FRANCHISE STARTUP COST
Starting up this business will cost you money ranging from $31,400 to $47,000. You must also have a minimum net worth of $65,000 before you can qualify to start up as a franchisee with e2 Young Engineers.
e2 YOUNG ENGINEERS FRANCHISE TRAINING AND SUPPORT
e2 young Engineers franchise will make sure, through provision of quality training and support that your business will be fruitful. They have set up a support program for their prospective franchisees, one that looks like this;
- Training will be held at the headquarters for you and your staff
- Tools to grow your business will be given to you and your staff after the training
- Franchisee will operate an exclusive territory
- Franchisor provides marketing support
- Newsletters will be available
- Additional online training
- e2 Young Engineers franchise has relationship with third party fianancers that can assist your business financially.
e2 YOUNG ENGINEERS FRANCHISE TERMS OF AGREEMENT AND RENEWAL
e2 Young Engineers franchise will reach an inital agreement with the franchisee which will last for ten years. On expiration of this agreement, the franchisee can renew it. The renewal will be valid for five years.
HOW MUCH DOES AN e2 YOUNG ENGINEERS FRANCHISEE MAKE?
This information is not explicitly published, refer to the Franchise Disclosure Document (FDD). You should note that the amount of profit you make from your business has a lot to do wit the territory allocated to you and your general utilization of the support given to you by e2 Young Engineers franchise.
HOW TO OPEN AN e2 YOUNG ENGINEERS FRANCHISE
To begin, visit this website, fill the form and wait for a reply from e2 Young Engineers franchise.
The business has over 22,000 students and and is headquartered at Science Park, Mail Box 4077, Nes Ziona, Israel, P.C. 7414002.