About MCIPF - North Dakota Franchise
MindChamps International PreSchool is a premium early childhood education franchise originally developed in Singapore and now expanding into the United States.
The brand's curriculum is built on research in neuroscience, child psychology, and education, creating a learning environment designed to nurture creativity, confidence, and critical thinking in young children.
MindChamps has been franchising in the U.S.
MCIPF - North Dakota Franchise Cost & Fees
Minimum Investment
$673K
Average Investment
$874K
Maximum Investment
$1.1M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $100,000 | One-time payment upon signing |
| Royalty Fee | 7% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Currently 2% of Gross Sales (Brand Fund Contribution, up to 3%); 2% of Gross Sales or $4,000 per month, whichever is greater (Local Advertising Fee) | National brand fund |
| Total Investment Range | $673,293 – $1,074,293 | Includes build-out, inventory, working capital |
The investment range of $673K–$1.1M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (7% of Gross Sales) and marketing fee (Currently 2% of Gross Sales (Brand Fund Contribution, up to 3%); 2% of Gross Sales or $4,000 per month, whichever is greater (Local Advertising Fee)) 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 Fee | $35,000 | $35,000 |
| Site Assessment Fee | $5,000 | $25,000 |
| School Set-up Fee | $24,000 | $30,000 |
| Initial Training Fee | $30,000 | $30,000 |
| Launch Marketing | $40,000 | $40,000 |
| Document Preparation Fee | $3,000 | $3,000 |
| Security Deposit for Lease | $15,000 | $100,000 |
| Pre-paid rent for up to 3 months | $0 | $90,000 |
| School resources and equipment | $240,000 | $300,000 |
| Marketing Materials | $15,000 | $20,000 |
| Additional site work costs (for build-to-suit schools) | $30,000 | $100,000 |
| Email system | $360 | $360 |
| Customer Relationship Management system | $186 | $186 |
| Student Management system | $975 | $975 |
| Miscellaneous Opening Expenses | $70,000 | $100,000 |
| Additional Funds – 3 months | $100,000 | $125,000 |
| Land and Development costs (optional) | $0 | $0 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | Full amount of current initial franchise fee (for Control Transfer); $5,000 per each new Owner (for non-Control Transfer) |
| Renewal Fee | Fifty percent (50%) of the Initial Franchise Fee (i.e. $50,000) |
| Audit Fee | $3,000 once a year (for annual audit); additional costs incurred for additional inspections/audits |
| $6 per staff/account per month | |
| Customer Relationship Management system | $62 per month for one (1) licence |
| Student Management system | $325 per month for one (1) licence |
| Finance software | $45 - $100 per user per month |
| HRMS | $4 - $10 per staff per month |
| Cloud Phone system | $12 - $20 per phone per month |
| Document system | $7 - $14 per staff per month |
| Phone hardware | $190 - $330 per device (As incurred) |
| IT infrastructure | $18,000 - $35,000 onetime purchase and set up (As incurred) |
| Laptop | $900 - $1,400 per device (As incurred) |
| Smartboard | $2,800 - $4,800 per device (As incurred) |
| Door Access – Face recognition device | $1,200 - $2,000 per device (As incurred) |
| Printer | $60 - $135 per month |
| Late Fee | 1.5% per month, plus a 5% late fee on past due amounts |
| Annual Business Leaders Conference | $500 per attendee per conference |
| Additional Professional Training Fee | $750 per day (per trainer) |
| Educator Training & Development Day | $50 per attendee per conference |
| Remedial Expense | Costs and expenses incurred and an additional 10% |
| Facilities Expansion Fee | $5,000 |
| Marketing Materials | Our costs plus any licensing fees (up to 20% of our costs), shipping, handling and storage costs |
| Proprietary Products | Full purchase price plus licensing fee (of 20% of our costs) and the actual cost of shipping, handling and storage costs |
| Late Reporting Fee | $100 per day |
| Late Crisis Notification Fee | $10,000 for each separate event of failure to notify plus $500 per day |
| Indemnification | Amount of losses, damages and/or expenses |
| Renovation/Upgrading | As specified (required after 3 years and thereafter every 2 years) |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 158 hours of eLearning/Remote Learning for initial training. Additional training events are 30 hours total. |
| Classroom Training | 158 hours (eLearning/Remote Learning) |
| On-the-Job Training | 0 hours |
| Training Location | Online |
| Additional Training | Quarterly Community of Practice (6 hours, online), Annual Global Teachers Development and Training Day (8 hours, online, twice a year), School-based Teachers Development and Training Day (8 hours, online). Every educator must attend. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Territory Size | No minimum size. Determined by factors like population demographics, number of schools, marital status, age of children, workplace population, family data, household ownership, topographical features, business entities, trading patterns, and traffic flows. |
| Description | You must operate the School in the assigned Designated Area. The franchisor and/or its affiliates will analyze relevant areas to establish the size of the Designated Area. You will not receive an exclusive territory and may face competition from other franchisees, company-owned outlets, or other channels of distribution. The franchisor reserves the right to conduct any business activities in any geographic area, including your Designated Area, with a 6-month right of first refusal for the franchisee to operate an additional school within the Designated Area. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years from the Operation Commencement Date |
| Renewal Term | 10 years |
| Renewal Fee | Fifty percent (50%) of the Initial Franchise Fee (i.e. $50,000) |
| Renewal Conditions | Franchisee must give written notice 18 months prior to expiry, enter a new franchise agreement 9 months prior, have duly observed all obligations, paid all outstanding monies, agree to comply with current System and fees, undertake reasonable upgrades, and pay the renewal fee. |
| Transfer Fee | Full amount of current initial franchise fee (for Control Transfer assignee); $5,000 per each new Owner (for non-Control Transfer) |
| Transfer Conditions | Franchisee may only assign rights after 1 year from Operation Commencement Date, subject to conditions: notify franchisor with details, franchisor has right of first refusal, meeting with potential assignee, franchisor approval in writing, assignee pays current initial franchise fee, assignee undergoes training, and franchisee pays transfer costs if assignment not completed. |
| Termination for Cause | Franchisor may terminate for curable defaults (e.g., breach of agreement, default in payment, failure to cure within 14 days) or non-curable defaults (e.g., repeated breaches, false information, cessation of business, unauthorized change in management/ownership, criminal conduct, insolvency, Key Person incapacity, breach of specific sections, endangering health/safety, loss of permits, abandonment, or failure to agree on substitute site). |
| Non-Compete Period | During the term of the franchise and for a period of 2 years after termination or expiration. |
| Non-Compete Details | During the term and for 2 years after termination/expiration, franchisee and Owners may not engage, directly or indirectly, in any business competing with the franchisor's Business or Other Businesses (education, performing arts, music, early intervention, enrichment services) in specified countries (Singapore, Malaysia, Indonesia, Philippines, China, Myanmar, Vietnam, Australia, UAE, USA) or, if unenforceable, in the USA, or, if unenforceable, in the same state as any Business, or, if unenforceable, within a 15km radius, or, if unenforceable, within a 5km radius. Also, may not solicit customers or disparage the System. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | At least one Owner or one Key Person must devote their full time, energy, and effort to the management and supervision of the School. The School must be supervised by a designated On-Site School Director/Principal who is qualified and trained. Any change or replacement of the Key Person requires franchisor approval and training. |
| Required Suppliers | Franchisor or approved suppliers for Proprietary Products, IT services, hardware, enrollment and other software programs. Mandatory Computer System Items (Items 1-3 from Table 1 on page 126) must be purchased from franchisor or affiliates. |
| Supply Restrictions | You must operate in compliance with the Franchise Agreement and conform to franchisor's standards and specifications. Franchisor can unilaterally change specifications and standards for products, services, or suppliers. Approval is required for new suppliers/service providers, based on quality, production/delivery capability, integrity, and financial condition. |
| Franchisor Revenue from Suppliers | In the year ending December 31, 2023, we did not derive any revenue from the sale of any required purchases or leases by franchisees. Neither we nor our other affiliates derived any other revenue from required purchases or leases. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Neither we nor any of our affiliates offer, directly or indirectly, any financing arrangements to our franchisees. We do not guarantee your notes, leases or other obligations. |
MCIPF - North Dakota Franchise Earnings — Item 19
MCIPF - North Dakota does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
MCIPF - North Dakota 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.
MCIPF - North Dakota Litigation & Risk Flags
Clean Litigation RecordMCIPF - North Dakota has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
MCIPF - North Dakota System Growth
Total Units
0
Franchised
0
Company-Owned
0
MCIPF - North Dakota currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
0
Net Income
$-659,475
Total Assets
$6.9M
Audited by Citrin Cooperman & Company, LLP for year ending December 31st.
MCIPF - North Dakota Franchise — FAQ
The total investment to open a MCIPF - North Dakota franchise ranges from $673,293 to $1,074,293, per their Franchise Disclosure Document. This includes the initial franchise fee of $100,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
MCIPF - North Dakota charges a royalty fee of 7% of Gross Sales of gross sales, plus a Currently 2% of Gross Sales (Brand Fund Contribution, up to 3%); 2% of Gross Sales or $4,000 per month, whichever is greater (Local Advertising Fee) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the MCIPF - North Dakota Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from MCIPF - North Dakota to ensure you have the most up-to-date version.
MCIPF - North Dakota does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
MCIPF - North Dakota has been franchising since 2022. The FDD shows an investment range of $673,293-$1,074,293, a 7% of Gross Sales royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $100,000 and the total investment ranges from $673,293 to $1,074,293 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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