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Marigold Academy Franchise Cost, Revenue & Review 2026

EducationNJFranchising since 2023
CAverageAverage39/100Editorial grade from public filings; not investment advice.
Investment
$847K – $1.1M
Disclosed sales
$2.5M
gross sales, not profit
SBA charge-off
Not SBA-matched

Investment, fees, disclosed sales, units, SBA record and risk, as one PDF. Free; no spam; one click to unsubscribe.

FV-01573FDD 2025Data QualityExcellent81%
Manager-run OKYes: Protected territory

Data from FDD filing

Analysis by FranchiseVerdict Research · Methodology

Marigold Academy is an early education franchise operating preschool and childcare centers. Franchisees run the schools, managing teachers, curriculum, enrollment, and licensing compliance.

FranchiseVerdict summary · 2026

A Marigold Academy franchise requires a total initial investment of $847K – $1.1M, including a $50K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average unit revenue was $2.5M[2]. FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →

Sources, dates and evidence

FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file

Evidence: partial✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored7 of 7 headline figures on this page cite a page of the filing.

Overview

Investment
$847K – $1.1M
70th pct Education
Avg gross sales
$2.5M
Company-owned only1 outlet
Royalty
7.0%
21st pct Education
Units
2
8th pct Education
SBA charge-off
N/A

Quick verdict · Education · color = vs category peers

Total Investment
$847K – $1.1M
Median $194K
above median ↑, worse than category
Franchise Fee
$50K – $50K
Median $45K
above median ↑, worse than category
Liquid Capital Req'd
$126K – $174K
Median $25K
above median ↑, worse than category
Avg Revenue
$2.5M
Median $408K
above median ↑, better than category
Company-owned only1 outlet
Royalty Rate
7.0%
Median 7.0%
near median
Ongoing Fees
8.0% of rev
Median 9.0%
below median ↓, better than category
SBA Charge-Off Rate
Not SBA-matched
Not matched to SBA 7(a) loans
System Size
2 units
Median 20 units
below median ↓, worse than category
Turnover Rate
N/A
Median 0.0%
Territory
Protected, not exclusive
Limits on the franchisor opening nearby; not an exclusive zone
Owner-Operator
Optional
Can hire a manager
Litigation
None disclosed
Clean record

Green = favorable by >10% vs Education median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)

Data from public FDD filings and SBA records. Not financial advice. Methodology

Bottom line

  • COSTTotal investment $847K – $1.1M including a $50K franchise fee, 7.0% ongoing royalty.
  • RETURNSAverage unit revenue of $2.5M/year (company-owned outlets only - not franchisee performance).
  • RISKVerdict C (Average), verdict score 39/100 (higher is better).
  • GROWTHNegative, pipeline stalled: 3 agreements signed but not yet open against 2 open outlets (Item 20).
  • FLAGRevenue data based on only 1 outlet. Treat as directional, not definitive. Ask franchisees directly for current unit economics.

Item 1 · who you're contracting with

The Franchisor

Corporate structure & franchisor financials
Legal entity
Marigold Academy LLC
CEO title
Chief Executive Officer
Jignesh (Jay) Shah
Incorporated in
DE
HQ
156 Washington Street, Bloomfield, New Jersey 07003
Auditor
DA Advisory Group PLLC
Audited financials

Overview

About

CEO
Jignesh (Jay) Shah
Headquarters
NJ
Founded
2023
FDD year
2025
States available
1

Can you afford it, and what does the money buy?

Entry cost runs 391% above the typical education franchise.

Total investment (Item 7)$847K – $1.1MCited, not corroborated — printed on page 18 of the 2025 FDD (Item 7). Nothing else in our record independently restates or re-derives it.
Franchise fee$50,000Verified — printed on page 11 of the 2025 FDD (Item 5), and another item of the same filing prints the same figure on a labelled row, which is an independent restatement.
Royalty7.0%Cited, not corroborated — printed on page 12 of the 2025 FDD (Item 6). Nothing else in our record independently restates or re-derives it.
Ad fund1.0%Cited, not corroborated — printed on page 12 of the 2025 FDD (Item 6). Nothing else in our record independently restates or re-derives it.
Working capital$126K – $174K

Source: FDD 2025 · Items 5–7

FDD Item 7 · 2025 filing

Initial investment breakdown

Marigold Academy: Item 7 initial investment breakdown
Cost componentLowHigh
Initial franchise fee$50K$50K
Working capital (3–6 mo)$126K$174K
Equipment, build-out, other$671K$838K
Total initial investment$847K$1.1M

Source: Marigold Academy 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.

Item 7 · what it costs to open + operate

The Vitals

Total investment
$847K – $1.1M
Bottom third — review vs category
Liquid capital req'd
$126K – $174K
Bottom third — review vs category
Franchise fee
$50K – $50K
Middle of category vs category
Royalty
7.0%
typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Ongoing fees · Item 6

Marigold Academy: Item 6 recurring fees
FeeAmount
Royalty7.0% of gross sales
Marketing / ad fund1.0% of gross sales
Technology fee$750
Training fee$20K
Transfer fee$25K
Renewal fee$13K
Inventory (initial)$10K – $12K
Total fee load8.0% of rev

What do units actually make?

Average unit sales run 519% above the education norm.

Avg gross sales$2.5M

Company-owned outlets only - not franchisee performance

Based on a single outlet - not a system average

Cited, not corroborated — printed on page 55 of the 2025 FDD. Nothing else in our record independently restates or re-derives it.
Median gross salesNot extracted
Item 19 typecompany owned outlet finan…
Sample size1 outlet

Source: FDD 2025 · Item 19

Single-unit · not modelled

Returns at a glance

An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for Marigold Academy until someone supplies them — yours, in the models below.

—

Not modelled yet

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.

Total invested capital · disclosed

$1.1M

Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.

ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Blue values = direct from FDD (Item 7 investment, Item 19 revenue, Item 6 fees)Not set = no filing supplies it and we will not substitute one. Enter your own

What one unit earns on your invested capital

Model A · Single-Unit Return

Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.

Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.

Returns model · single-unit ROIC

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

From FDDNot set — you supply itYou overrode an FDD value
Revenue · per unit, per yearFDD
FDD Item 19 reports $2,525,054 per unit — Company-owned outlets only - not franchisee performance. Adjust to a franchisee figure before relying on this.
Franchisor take · royalty + ad fundFDD
typ 6–8%
typ 3–5%
Operating costs · not in any FDDnot set

Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.

Total invested capital · what you put in to openFDD
FDD Item 7: $847K–$1.1M (midpoint used)
FDD reports $126K–$174K

Unlevered ROIC · per unit

Your modelled return on total invested capital, before any debt financing.

—

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.


Store EBITDA · annual
—
EBITDA margin
—
Total invested
$1.1M
Payback
—
Single-unit 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 point.

What 25 units return when you use SBA financing

Model B · Return on Equity: Debt-Financed Acquisition

Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).

This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.

What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.

Not modelled yet

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.

A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.

These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.

Item 19 · Source: 2025 FDD

Financial Performance

Company-owned outlets only - not franchisee performance

Based on a single outlet - not a system average

Avg gross sales
$2.5M
Per unit, per year

Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.

Item 19 type
company owned outlet financials
Sample size
1 outlet
vs category median 16 · small
Reported figure
$2.5MCited, not corroborated — printed on page 55 of the 2025 FDD. Nothing else in our record independently restates or re-derives it.
A single outlet — not a range
Reporting year
2024
Fiscal year the figures cover
Source filing
FDD 2025
Disclosed in the 2025 filing, covering 2024
Transparency
8 / 10
vs category median 4 / 10 · above
Gross sales rank
No comparison data
Investment cost rank70th
Lower investment ranks lower (better)
Royalty rate rank21th
Lower royalty = lower percentile (better)
Unit count rank8th
vs Education peers
Risk score rank84th
Lower risk = lower percentile (better)

Compared against 204 Education brands

Showing the headline figures — all 146 extracted fields are in the Full FDD Report · $19 →

Operator outlook

What the numbers say

Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.

Unit economics

Average unit generates $2.5M/year in gross sales. Revenue-to-investment ratio: 2.6x. Company-owned outlets only - not franchisee performance.

Fee burden

Total ongoing fee load of 8.0% (near the Education median).

Disclosure

Transparency score 8/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence. Sample size of 1 outlet — treat as directional only.

Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.

vs Education medians

How Marigold Academy Compares

Metric
Marigold Academy
Category median
vs median
Investment
$954K
$194Kmiddle half $94K–$625K · n=164
Above median, worse than category
Revenue
$2.5M
$408Kmiddle half $269K–$1.2M · n=72
Above median, better than category
Unit Count
2
20middle half 6–79 · n=164
Below median, worse than category

Category median of published Education brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.

Is the system healthy?

Total units2Verified — printed on page 56 of the 2025 FDD (Item 20), and the table's own arithmetic closes on it two ways.

Source: FDD 2025 · Item 20

Unit growth

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
0
Last reporting year
Closed
0
Terminated
0
Franchisor ended the franchise (per Item 20)
Non-renewed
0
Term expired, not renewed (per Item 20)
Turnover rate
N/A
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned

Last fiscal year · Item 20 exits and transfers

Terminated
0
Not renewed
0
Transferred
0
Reacquired
0
Franchisor bought back
Signed, not yet open
3
1.50 per open outlet · Item 20 Table 5
Projected new
1
Franchisor's next-year forecast
2022
0
Franchised units
2023
0±0
Franchised units
2024
0±0
Franchised units

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

Item 12 · 1 state reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

1

states with franchisees (per FDD Item 12)

SBA loan performance

Government records

SBA Loan Data

Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

What could kill this investment?

SBA charge-offNot SBA-matched
Verdict score39/100 (higher is better)
Litigation0 cases
Auditor going-concern doubtNo (favorable vs category)

Source: SBA 7(a) FOIA · FDD Items 3, 21

Risk analysis

FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21

Risk & Legal

CAverage39Verdict score 39/100
Moderate confidence±13 pts
2652

Bankruptcy (Item 4)

None disclosed

Audited financials (Item 21)

Yes · DA Advisory Group PLLC

Supplier relationship · Items 8 & 16

  • Franchisor sells you products: Yes
  • Kickbacks from required suppliers: No
  • Must buy proprietary products: Yes
  • Restricted to system-approved products: Yes

Score breakdown · what drove the 39 / 100 verdict

  1. 01MEDOnly 2 units in system with unknown growth trajectory indicates extremely limited track record and franchisee success validation
  2. 02MINORUnprotected territory creates direct competition risk within your market and cannibalization potential
  3. 03MINOR7% royalty on $2.5M average revenue = $177.5k/year ongoing cost on already-thin 25.6% net margins
  4. 04MINORExtremely small franchise system creates survival risk if either existing unit fails

Severity inferred from the FDD text · not a regulatory classification

Showing the headline figures — all 146 extracted fields are in the Full FDD Report · $19 →

What are you signing up for?

Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.

Initial term10 yrs
Renewal term10 yrs
TerritoryProtected, not exclusive
Initial training120 hrs

Source: FDD 2025 · Items 11, 12, 17

FDD Items 12, 15, 17 · continued from Risk & Legal

Contract & Territory Detail

Initial term10 years
Renewal term10 years
Allowed renewalsℹ1
Territory typeProtected territory
Protected territoryYes
Exclusive territoryℹNo
Territory radius5 mi
Territory population10,000
Online sales rightsℹGranted
Franchisor can competeYes
Hire a manager?Allowed
Owner-operatorOptional
Non-compete (years)ℹ2 years
Non-compete (miles)ℹ25 mi
Right of first refusalℹYes
Transfer requires consentYes
Termination notice30 days
Mandatory arbitrationYes
Arbitration locationMorris County, New Jersey
Jury trial waiverNo
Governing lawNJ
Litigation count0

Items 10, 11

Training & Operations

Classroom training
40 hrs
On-the-job training
80 hrs
Training location
Northern New Jersey
Ongoing training
Required
Time to open
18 mo
From signing to launch
Site selection
franchisee with franchisor approval
Franchisor financing
Not offered
Item 10
POS system
ProCare
Operating tech stack

Items 5 & 11

Franchisor Support

✓Site selection assistance
✓Grand opening support
✗Lease negotiation help

Technology: ProCare

Frequently asked questions

Frequently Asked Questions

How much does it cost to open a Marigold Academy franchise?

The total investment to open a Marigold Academy franchise ranges from $847K – $1.1M, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).

What do Marigold Academy franchise owners earn?

According to Item 19 of the Marigold Academy FDD, the average gross sales per unit is $2.5M. Important context: Company-owned outlets only - not franchisee performance; Based on a single outlet - not a system average. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.

Who owns Marigold Academy?

Marigold Academy is franchised by Marigold Academy LLC. The FDD names no parent company. Source: FDD Item 1, 2025 filing.

What is Item 19 in the Marigold Academy FDD?

The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Marigold Academy FDD and qualifies whose outlets they describe.

What is Marigold Academy's franchise failure rate?

SBA 7(a) loan charge-off data is not available for Marigold Academy (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.

How many Marigold Academy franchise locations are there?

As of their most recent FDD filing, Marigold Academy has 2 total units in the United States.

Is Marigold Academy a good franchise to buy?

FranchiseVerdict rates Marigold Academy as a C-grade franchise with a verdict score of 39 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.

Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.

For franchisors

Are you the franchisor?

If you represent Marigold Academy, you can request corrections or provide updated information.

Other Education franchises

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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.