Start-Up Costs and Fees |
||
| Huntington Learning Centers | Academy for Mathematics & English | |
| Investment | 133458 - 276669 | 120000 - 150000 |
| Franchise Fee | 0 | |
| Royalty Fee | 9.50% | |
| Advertising Fee | 2% | |
| Year Founded | 1977 | 1993 |
| Year Franchised | 1985 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Huntington Learning Centers | Academy for Mathematics & English | |
| Experience | General business experience | |
Financing Options |
||
| Huntington Learning Centers | Academy for Mathematics & English | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Huntington Learning Centers | Academy for Mathematics & English | |
| Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | 3 weeks |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Huntington Learning Centers | Academy for Mathematics & English | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Huntington Learning Centers | |
| Academy for Mathematics & English | |
| Franchise Fee | |
| Huntington Learning Centers | |
| Academy for Mathematics & English | |
| Royalty Fee | |
| Huntington Learning Centers | 9.50% |
| Academy for Mathematics & English | |
| Advertising Fee | |
| Huntington Learning Centers | 2% |
| Academy for Mathematics & English | |
| Year Founded | |
| Huntington Learning Centers | 1977 |
| Academy for Mathematics & English | 1993 |
| Year Franchised | |
| Huntington Learning Centers | 1985 |
| Academy for Mathematics & English | 1993 |
| Term Of Agreement | |
| Huntington Learning Centers | 10 years |
| Academy for Mathematics & English | |
| Renewal Fee | |
| Huntington Learning Centers | up to $20K |
| Academy for Mathematics & English | |
Business Experience Requirements |
|
| Experience | |
| Huntington Learning Centers | General business experience |
| Academy for Mathematics & English | |
Financing Options |
|
| Franchise Fees | |
| Huntington Learning Centers | No |
| Academy for Mathematics & English | No |
| Start-up Costs | |
| Huntington Learning Centers | |
| Academy for Mathematics & English | |
| Equipment | |
| Huntington Learning Centers} | |
| Academy for Mathematics & English | |
| Inventory | |
| Huntington Learning Centers | |
| Academy for Mathematics & English | |
| Receivables | |
| Huntington Learning Centers | |
| Academy for Mathematics & English | |
| Payroll | |
| Huntington Learning Centers | |
| Academy for Mathematics & English | |
Training & Support |
|
| Training | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Academy for Mathematics & English | 3 weeks |
| Support | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Academy for Mathematics & English | |
| Marketing | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Academy for Mathematics & English | |
| Operations | |
| Huntington Learning Centers | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Academy for Mathematics & English | |
Expansion Plans |
|
| US Expansion | |
| Huntington Learning Centers | 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 |
| Academy for Mathematics & English | |
| Canada Expansion | |
| Huntington Learning Centers | |
| Academy for Mathematics & English | 0 |
| International Expansion | |
| Huntington Learning Centers | |
| Academy for Mathematics & English | |