Start-Up Costs and Fees |
||
| Huntington Learning Centers | Arcadia Academy of Music | |
| Investment | 133458 - 276669 | 100000 - 150000 |
| Franchise Fee | 0 | |
| Royalty Fee | 9.50% | |
| Advertising Fee | 2% | |
| Year Founded | 1977 | 1984 |
| Year Franchised | 1985 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Huntington Learning Centers | Arcadia Academy of Music | |
| Experience | General business experience | |
Financing Options |
||
| Huntington Learning Centers | Arcadia Academy of Music | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Huntington Learning Centers | Arcadia Academy of Music | |
| Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | |
| 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 | Arcadia Academy of Music | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Huntington Learning Centers | |
| Arcadia Academy of Music | |
| Franchise Fee | |
| Huntington Learning Centers | |
| Arcadia Academy of Music | |
| Royalty Fee | |
| Huntington Learning Centers | 9.50% |
| Arcadia Academy of Music | |
| Advertising Fee | |
| Huntington Learning Centers | 2% |
| Arcadia Academy of Music | |
| Year Founded | |
| Huntington Learning Centers | 1977 |
| Arcadia Academy of Music | 1984 |
| Year Franchised | |
| Huntington Learning Centers | 1985 |
| Arcadia Academy of Music | 1998 |
| Term Of Agreement | |
| Huntington Learning Centers | 10 years |
| Arcadia Academy of Music | |
| Renewal Fee | |
| Huntington Learning Centers | up to $20K |
| Arcadia Academy of Music | |
Business Experience Requirements |
|
| Experience | |
| Huntington Learning Centers | General business experience |
| Arcadia Academy of Music | |
Financing Options |
|
| Franchise Fees | |
| Huntington Learning Centers | No |
| Arcadia Academy of Music | No |
| Start-up Costs | |
| Huntington Learning Centers | |
| Arcadia Academy of Music | |
| Equipment | |
| Huntington Learning Centers} | |
| Arcadia Academy of Music | |
| Inventory | |
| Huntington Learning Centers | |
| Arcadia Academy of Music | |
| Receivables | |
| Huntington Learning Centers | |
| Arcadia Academy of Music | |
| Payroll | |
| Huntington Learning Centers | |
| Arcadia Academy of Music | |
Training & Support |
|
| Training | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Arcadia Academy of Music | |
| Support | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Arcadia Academy of Music | |
| Marketing | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Arcadia Academy of Music | |
| 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) |
| Arcadia Academy of Music | |
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 |
| Arcadia Academy of Music | |
| Canada Expansion | |
| Huntington Learning Centers | |
| Arcadia Academy of Music | |
| International Expansion | |
| Huntington Learning Centers | |
| Arcadia Academy of Music | |