About Chess at Three Franchise
Chess at Three is an educational enrichment franchise offering instruction in chess, games, music, and movement for children aged three through eight, with programs also available for adults.
The brand uses its Story Time learning system to make complex concepts accessible and engaging for young learners.
The franchise fee is $45,000.
Chess at Three Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $45,000 | One-time payment upon signing |
| Royalty Fee | 8% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to 2% of monthly Gross Sales Currently not assessed | National brand fund |
| Total Investment Range | $56,478 – $167,341 | Includes build-out, inventory, working capital |
The investment range of $56K–$167K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (8% of Gross Sales) and marketing fee (Up to 2% of monthly Gross Sales Currently not assessed) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (Note 1) | $45,000 | $135,000 |
| Construction and Leasehold Improvements (Note 2) | $0 | $1,000 |
| Lease Deposits (Note 3) | $0 | $1,250 |
| Equipment (Note 4) | $669 | $2,267 |
| Signage | $745 | $1,085 |
| Computer, Software and Point of Sales System (Note 5) | $1,207 | $2,650 |
| Insurance Deposits – Three Months (Note 6) | $259 | $777 |
| Travel for Initial Training (Note 7) | $1,330 | $5,060 |
| Professional Fees (Note 8) | $2,000 | $4,000 |
| Licenses and Permits (Note 9) | $50 | $500 |
| Printing | $425 | $700 |
| Grand Opening Marketing (Note 10) | $500 | $2,000 |
| Additional Funds – Three Months (Note 11) | $4,293 | $11,052 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $50 |
| Renewal Fee | 25% of the then current initial franchise fee payable by a franchisee who is new |
| Technology Fee | $600 |
| Audit Fee | For costs incurred by us for each financial audit, provided the audit determines |
| Brand Development Fund (Note 4) | Up to 3% of Gross Sales, currently 1% of Gross Sales |
| Franchisee Directed Local Marketing (Note 5) | $500 |
| Contact Center (Note 8) | 3% of monthly Gross Sales, currently not assessed |
| Annual Conference Attendance Fee (Note 10) | $1,500 |
| Additional Employee Initial Training | $500 |
| Supplemental Training | $500 |
| Non-Compliance: Customer Reviews (Note 11) | $250 |
| Reporting Non-Compliance | $150 |
| Operations Non-Compliance | $450 |
| Payment Non-Compliance | $150 |
| Interest | 18% per annum from due date |
| Operations Manual Replacement Fee | $500 |
| Construction and Leasehold Improvements (Note 2) | $0 |
| Lease Deposits (Note 3) | $0 |
| Equipment (Note 4) | $669 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | If you meet our conditions for renewal, you may renew your franchise for up to one additional five year renewal term. |
| Termination for Cause | We can terminate if you are in default of the terms of the Franchise Agreement. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Chess at Three Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
Chess at Three Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Chess at Three System Growth
Chess at Three 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 |
|---|---|---|---|
| 2019 | 0 | ||
| 2019 | 1 | ||
| 2019 | 1 | ||
| 2020 | 0 | ||
| 2020 | 1 | ||
| 2020 | 1 | ||
| 2021 | 0 | ||
| 2021 | 1 | ||
| 2021 | 1 |
Chess at Three Franchise — FAQ
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