Lowest cap rate over past 24 months
12 mo avg with 5+ yr lease term
Leases are typically guaranteed by the franchisee, although some locations are developed and held by TLE Corporate or affiliated entities with stronger balance sheets.
| Average Sale Price | $2,900,000 - $5,000,000 |
| Average NOI | $180,000 - $320,000 |
| Building SF | 8,000 |
| Lease Term | 15 Years |
| Escalations | 10% Every 5 Years |
| Stock Symbol | N/A |
The Learning Experience is one of the fastest-growing childcare and early education providers in the U.S., offering infant care, preschool, Pre-K, and after-school enrichment programs. The company uses a franchise model and has built a brand known for both educational innovation and modern real estate design.
Corporate Backing: Leases guaranteed by Driven Brands, a diversified auto company
Absolute NNN Leases: No landlord obligations
Rapid Growth Model: Acquiring and rebranding regional wash brands under the Take 5 name
Subscription Revenue: Unlimited wash programs boost recurring income
Strong Real Estate: High-visibility sites with stacking and traffic counts
Specialty Use Facility: Difficult to repurpose outside the car wash industry
No Formal Credit Rating: Despite being public, no S&P or Moody’s rating on the lease entity
Environmental Restrictions: Subject to zoning, water reclamation, and filtration requirements
Newer Brand: Less history than legacy players like Mister or regional operators
| Founded | 1980 |
| Headquarters | Deerfield Beach FL |
| Number of Locations | 320 |
| Revenue | $500 M |
| Company Website | https://www.thelearningexperience.com |
| Key Principal | Richard Weissman |