About Illinois Franchise
MindChamps International PreSchool is an early childhood education franchise backed by MindChamps Holdings Pte, a global leader in research based preschool programs.
The brand delivers a curriculum grounded in neuroscience and child development principles, offering a distinctive approach to preparing young learners for academic and personal success.
The franchise fee is $50,000, and the concept is designed for owners passionate about education and community impact.
Illinois Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $50,000 | One-time payment upon signing |
| Royalty Fee | 7% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | You must spend a minimum of the greater of two percent (2%) of Gross Sales or $4 | National brand fund |
| Total Investment Range | $673,507 – $1,074,293 | Includes build-out, inventory, working capital |
The investment range of $674K–$1.1M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (7% of Gross Sales) and marketing fee (You must spend a minimum of the greater of two percent (2%) of Gross Sales or $4) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $100,000 | $100,000 |
| Site Selection Fee3 | $35,000 | $35,000 |
| Site Assessment Fee3 | $5,000 | $25,000 |
| School Set-up Fee | $24,000 | $30,000 |
| Initial Training Fee4 | $30,000 | $30,000 |
| Launch Marketing5 | $40,000 | $40,000 |
| Document Preparation Fee6 | $3,000 | $3,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Renewal Fee | Fifty percent (50%) of the Initial Franchise Fee (i.e. $50,000). |
| Technology Fee | $45 |
| Audit Fee | The Additional Audit Fees are payable only if the inspection of audit (1) is req |
| $6 | |
| Customer Relationship Management system | $62 |
| Student Management system | $325 |
| HRMS | $4 |
| Cloud Phone system | $12 |
| Document system | $7 |
| IT infrastructure | $18,000 |
| Laptop | $900 |
| Smartboard | $2,800 |
| Door Access – Face recognition device | $1,200 |
| Printer | $60 |
| Late Fee | 1.5% per month, plus a 5% late fee on past due amounts. |
| Annual Business Leaders Conference | $500 |
| Additional Professional Training Fee | $750 |
| Educator Training & Development Day | $50 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | If you have complied with the franchise agreement, pay a renewal fee and meet other conditions, you may obtain a further term of 10 years. |
| Termination for Cause | N/A |
Illinois Franchise Earnings — Item 19
Illinois does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Illinois Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Illinois System Growth
Illinois currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Illinois Franchise — FAQ
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