Start-Up Costs and Fees |
||
| Ho Math & Chess Learning Centre | Kiddie Academy | |
| Investment | 1000 - 1000 | 345000 - 5605000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 0 | 7% |
| Advertising Fee | 2% | |
| Year Founded | 1995 | 1981 |
| Year Franchised | 2004 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ho Math & Chess Learning Centre | Kiddie Academy | |
| Experience | Marketing skills Teaching experience | People and management skills |
Financing Options |
||
| Ho Math & Chess Learning Centre | Kiddie Academy | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Ho Math & Chess Learning Centre | Kiddie Academy | |
| Training | Classroom Training: 80 hours Additional Training: Online training | |
| Support | Toll-free phone line, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising | Ad slicks, Regional advertising, Website, Web Advertising |
| Operations | Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 1 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Ho Math & Chess Learning Centre | Kiddie Academy | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ho Math & Chess Learning Centre | |
| Kiddie Academy | |
| Franchise Fee | |
| Ho Math & Chess Learning Centre | |
| Kiddie Academy | |
| Royalty Fee | |
| Ho Math & Chess Learning Centre | 0 |
| Kiddie Academy | 7% |
| Advertising Fee | |
| Ho Math & Chess Learning Centre | |
| Kiddie Academy | 2% |
| Year Founded | |
| Ho Math & Chess Learning Centre | 1995 |
| Kiddie Academy | 1981 |
| Year Franchised | |
| Ho Math & Chess Learning Centre | 2004 |
| Kiddie Academy | 1992 |
| Term Of Agreement | |
| Ho Math & Chess Learning Centre | 1 year |
| Kiddie Academy | 15 years |
| Renewal Fee | |
| Ho Math & Chess Learning Centre | $2,000 |
| Kiddie Academy | Varies |
Business Experience Requirements |
|
| Experience | |
| Ho Math & Chess Learning Centre | Marketing skills Teaching experience |
| Kiddie Academy | People and management skills |
Financing Options |
|
| Franchise Fees | |
| Ho Math & Chess Learning Centre | No |
| Kiddie Academy | No |
| Start-up Costs | |
| Ho Math & Chess Learning Centre | |
| Kiddie Academy | |
| Equipment | |
| Ho Math & Chess Learning Centre} | |
| Kiddie Academy | |
| Inventory | |
| Ho Math & Chess Learning Centre | |
| Kiddie Academy | |
| Receivables | |
| Ho Math & Chess Learning Centre | |
| Kiddie Academy | |
| Payroll | |
| Ho Math & Chess Learning Centre | |
| Kiddie Academy | |
Training & Support |
|
| Training | |
| Ho Math & Chess Learning Centre | |
| Kiddie Academy | Classroom Training: 80 hours Additional Training: Online training |
| Support | |
| Ho Math & Chess Learning Centre | Toll-free phone line, Purchasing cooperatives |
| Kiddie Academy | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Ho Math & Chess Learning Centre | Co-op advertising |
| Kiddie Academy | Ad slicks, Regional advertising, Website, Web Advertising |
| Operations | |
| Ho Math & Chess Learning Centre | Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 1 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
| Kiddie Academy | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Ho Math & Chess Learning Centre | |
| Kiddie Academy | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Ho Math & Chess Learning Centre | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Kiddie Academy | |
| International Expansion | |
| Ho Math & Chess Learning Centre | |
| Kiddie Academy | |