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The Center for Enlightened Business franchise

2023 filing · October 27, 2023

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The Center for Enlightened Business at a glance

An advisory business coaching owners of small and medium-sized businesses. At the end of 2023 there were 2 The Center for Enlightened Business locations in the US, all franchised.

The business

Franchisor
Enlightened Business Advisory Group LLC
The company that sells the franchises
Who runs it
Manager
A trained manager can run it day to day
Franchisor based in
New York, New York

What you pay

Cost to open
$267K–$454K
Fee, build-out and opening working capital
Franchise fee
$100,000
$50,000 for current clients of the franchisor's affiliate
Royalty
20%
20% of gross advisory revenues with a $3,000 monthly minimum after six months (5% on clients you already had) and 5% of other services, paid twice a month
Brand fund
Yes
3% of gross revenue, at least $450 a month after six months
Renewal fee
$2,500
When the agreement ends and you sign again
Agreement length
7 years
Territory
None
No exclusive territory
Franchisor financing
None offered
SBA Franchise Directory
Not listed
Lenders check this list before an SBA loan

Where it is

US locations, 2023
2
Franchised and company-owned
Franchised
2
Company-owned
0
States
2
Most in Colorado and Texas

Support and records

Shares sales figures
No
Ask current owners what a location makes
Lawsuits disclosed
None
Bankruptcy disclosed
None
Latest filing
Oct 27, 2023
2023 filing

From Enlightened Business Advisory Group LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.

Where it ranks

The Center for Enlightened Business among all franchises with the same figure.

FigureThe Center for Enlightened BusinessAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$360,375Costs more than 50% of franchises
Franchise feePaid once, when you sign$100,000Higher than 98% of franchises
RoyaltyShare of sales paid to the franchisor20%Higher than 99% of brands with a set rate
US locationsFranchised and company-owned2Fewer than 82% of franchises

How much a The Center for Enlightened Business franchise costs

Opening one The Center for Enlightened Business costs an estimated $266,650 to $454,100. That covers the franchise fee and everything else needed to open, through the first months of working capital.

Source: Enlightened Business Advisory Group LLC, 2023 filing, page 19

The Center for Enlightened Business franchise fee

The franchise fee is $100,000, $50,000 for current clients of the franchisor's affiliate. You pay it when you sign the franchise agreement.

Source: Enlightened Business Advisory Group LLC, 2023 filing, page 11

Royalty and ongoing fees

Royalty20% of gross advisory revenues with a $3,000 monthly minimum after six months (5% on clients you already had) and 5% of other services, paid twice a month.
Brand or marketing fund3% of gross revenue, at least $450 a month after six months.
Technology FeeCurrently, $60 per month after one year of operations
Renewal Fee$2,500
Additional Initial Training Fee$5,000 per person

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: Enlightened Business Advisory Group LLC, 2023 filing, page 12

Other fees as filed, from pages 12–13. The filing lists every fee, including late fees and audit costs.

Sales and earnings

No figures The Center for Enlightened Business does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.

Source: Enlightened Business Advisory Group LLC, 2023 filing, page 53

How The Center for Enlightened Business compares

Of the 324 business services franchises on this site, The Center for Enlightened Business is the 302nd cheapest to open and the 255th largest by number of locations.

FigureThe Center for Enlightened BusinessTypical business services brandTypical franchise
Cost to open, low end$267K$77K$222K
Cost to open, high end$454K$136K$477K
Franchise fee$100K$45K$40K
Royalty20%7%6%
US locations23221
Shares earnings figuresNo187 of 3242,147 of 3,352

Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.

Locations opened and closed

2021
0 (0)
2022
0 (0)
2023
2 (+2)
YearFranchisedCompany-owned
20210 (0)0
20220 (0)0
20232 (+2)0

Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.

See which brands grew most in the fastest-growing franchises rankings.

More in the guides: franchise failure rates.

Source: Enlightened Business Advisory Group LLC, 2023 filing, page 54

Source filing (2023, PDF)

Where The Center for Enlightened Business locations are

At the end of 2023, The Center for Enlightened Business had franchised locations in 2 states. The most are in Colorado and Texas.

  • Colorado1
  • Texas1
StateFranchised
Colorado1
Texas1

Source: Enlightened Business Advisory Group LLC, 2023 filing, page 54

Who owns The Center for Enlightened Business?

The Center for Enlightened Business franchises are sold by Enlightened Business Advisory Group LLC.

From Enlightened Business Advisory Group LLC’s 2023 filing.

The Center for Enlightened Business filings

The figures on this page come from Enlightened Business Advisory Group LLC’s 2023 filing, issued October 27, 2023, on record with the NASAA Electronic Filing Depository.

The Center for Enlightened Business filings, newest first
FilingIssuedRegistryOn this page
2023 filingOctober 27, 2023NASAA depositoryCosts, fees and locations, 2021–2023

Each link opens the filing as a PDF. See the newest filings across all brands.

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