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The Growing Room
Growing Room Inc. was founded in 1988. Sheree W. Mitchell, R.N., a local pediatric nurse, and her husband formed the privately-held company and opened a state-of-the-art child development center in August 1989. That facility now services over 297 children. Since that time, Growing Room has continued to grow with building expansions, new facilities. Growing Room has made a real difference in the lives of many families in the Southeast. Their roots are deep in the community. That is evidenced by the many aspects of community service their company and its leaders and employees provide. Parents can also rest assured that decisions are made locally, and they are available to listen to concerns and suggestions. Their goal each day is to provide an enriching environment with nurturing teachers and a planned, developmentally-appropriate curriculum for all ages, beginning in infancy.
Facts & figures
To open a location, you should have $100,000 available as liquid capital. The franchise expects its new franchisees to have a net worth of at least $400,000. The lowest you can expect to invest is $490,700 if you want to become a franchisee. $2,200,000 is the most that The Growing Room expects its owners will need to invest in a new location. Before you become an owner, you will owe the franchisor a franchise fee of $40,000. Today, the location count for this franchise has reached 5.