FranchiseVerdict
Amazing Explorers Academy logo
FV-00116·MODERATEStandard76

Amazing Explorers Academy

Formerly known as American Entrepreneurship Academy

Education - Children's ProgramsFranchising since 2018Website
Investment
$568K – $5.1M
74th pct Children's Pr…
Avg revenue
69th pct Children's Pr…
Royalty
7.0%
29th pct Children's Pr…
Units
13
39th pct Children's Pr…
SBA default

Bottom line

  • Total investment $568K – $5.1M including a $100K franchise fee, 7.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 62/100.
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
AEA DEV LLC
Parent company
AEA Franchising, LLC
Incorporated in
Florida
HQ
13495 Veterans Way, Suite 320, Orlando FL 32827

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Amazing Explorers Academy unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: education
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $568K–$5.1M
Working capital
$
FDD reports $50K–$100K

Unlevered ROIC · per unit

4%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$113K
EBITDA margin
15.0%
Total invested
$2.9M
Payback
313 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Amazing Explorers Academy operates STEM/experiential learning centers for children, combining hands-on science, technology, engineering, and math activities with exploratory play. Franchisees manage day-to-day operations including enrollment, class scheduling, instructor training, facility management, and parent communication while adhering to curriculum and brand standards. Revenue derives primarily from tuition, membership fees, summer camps, and ancillary programs.

CEO
Marcello Spinelli
Founded
2016
FDD year
2025
States available
2

Item 7 · what it costs

The Vitals

Total investment
$568K – $5.1M
All-in to open one unit
Liquid capital
$50K – $100K
Cash you must have on hand
Franchise fee
$100K
Royalty
7.0%
Gross Revenue · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
13.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
13
Opened
2
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+18.2%
Net unit change last year
3-yr CAGR
+62.5%
Compounded over last 3 years
2023
13+2
Franchised units
2024
11
Franchised units
2025
8
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 23 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 23 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

62
Risk · 0-100
MODERATE62 / 100

Caution-to-High Risk: Undisclosed financials, franchisor going concern issues, tiny unit count, and extreme investment variance create visibility problems that prevent informed ROI assessment.

Score breakdown · what drove the 62 / 100 rating

  1. 01MINORNo Item 19 financial disclosure (average revenue and net income not provided) — impossible to assess ROI or payback period
  2. 02HIGHGoing Concern status is FALSE — indicates potential financial instability at franchisor level, raising sustainability questions
  3. 03MINORExtreme investment range spread ($567.5K–$5.1M, 806% variance) suggests highly variable unit economics or lack of standardization
  4. 04MINOROnly 13 total units with modest 18.2% YoY growth — small system size limits brand recognition and support infrastructure
  5. 05MED7% royalty on undisclosed revenue means franchisees cannot model profitability or compare against industry benchmarks
  6. 06HIGHNo litigation disclosed is positive, but combined with other red flags suggests possible brand immaturity rather than strength

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
demographics
Protected territory
Yes
Initial term
15 years
Renewal term
10 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
5 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
80 hrs
On-the-job training
0 hrs
POS system
ProCare Software
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

29 numbers

Locked
(502) 696-••••
KY
(646) 707-••••
NY
(916) 445-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Amazing Explorers Academy · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above