Start-Up Costs and Fees |
||
| Huntington Learning Centers | Code Ninjas | |
| Investment | 133458 - 276669 | 31420 - 333270 |
| Franchise Fee | 0 | |
| Royalty Fee | 9.50% | 6.5%-12% |
| Advertising Fee | 2% | |
| Year Founded | 1977 | 2016 |
| Year Franchised | 1985 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Huntington Learning Centers | Code Ninjas | |
| Experience | General business experience | Qualified candidates for Code Ninjas franchise ownership come from all walks of life, including business, education, military, police, retirees, entrepreneurs (and yes, coders). The best franchise owners play an active role in the business, and are interested in making a positive impact on children and their community. Other qualities we look for are drive, compassion, willingness to learn, and support for our values. |
Financing Options |
||
| Huntington Learning Centers | Code Ninjas | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Huntington Learning Centers | Code Ninjas | |
| Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | Prior to opening, franchise owners attend training led by our team of franchising experts, totaling approximately 50 hours. This includes in-person and online training. In addition, a corporate representative will be present to assist with the opening and initial operations of your center, to help you get off to a great start. |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Code Ninjas is designed to be a turnkey business model with a complete ecosystem of tools and support to run every aspect your franchise. This includes training, site selection, marketing, design, vendor network, franchise management software, and a dedicated support team. |
| 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 | Code Ninjas | |
| 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 | 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 | |
| Code Ninjas | |
| Franchise Fee | |
| Huntington Learning Centers | |
| Code Ninjas | |
| Royalty Fee | |
| Huntington Learning Centers | 9.50% |
| Code Ninjas | 6.5%-12% |
| Advertising Fee | |
| Huntington Learning Centers | 2% |
| Code Ninjas | |
| Year Founded | |
| Huntington Learning Centers | 1977 |
| Code Ninjas | 2016 |
| Year Franchised | |
| Huntington Learning Centers | 1985 |
| Code Ninjas | 2016 |
| Term Of Agreement | |
| Huntington Learning Centers | 10 years |
| Code Ninjas | |
| Renewal Fee | |
| Huntington Learning Centers | up to $20K |
| Code Ninjas | |
Business Experience Requirements |
|
| Experience | |
| Huntington Learning Centers | General business experience |
| Code Ninjas | Qualified candidates for Code Ninjas franchise ownership come from all walks of life, including business, education, military, police, retirees, entrepreneurs (and yes, coders). The best franchise owners play an active role in the business, and are interested in making a positive impact on children and their community. Other qualities we look for are drive, compassion, willingness to learn, and support for our values. |
Financing Options |
|
| Franchise Fees | |
| Huntington Learning Centers | No |
| Code Ninjas | No |
| Start-up Costs | |
| Huntington Learning Centers | |
| Code Ninjas | |
| Equipment | |
| Huntington Learning Centers} | |
| Code Ninjas | |
| Inventory | |
| Huntington Learning Centers | |
| Code Ninjas | |
| Receivables | |
| Huntington Learning Centers | |
| Code Ninjas | |
| Payroll | |
| Huntington Learning Centers | |
| Code Ninjas | |
Training & Support |
|
| Training | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Code Ninjas | Prior to opening, franchise owners attend training led by our team of franchising experts, totaling approximately 50 hours. This includes in-person and online training. In addition, a corporate representative will be present to assist with the opening and initial operations of your center, to help you get off to a great start. |
| Support | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Code Ninjas | Code Ninjas is designed to be a turnkey business model with a complete ecosystem of tools and support to run every aspect your franchise. This includes training, site selection, marketing, design, vendor network, franchise management software, and a dedicated support team. |
| Marketing | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Code Ninjas | |
| 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) |
| Code Ninjas | |
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 |
| Code Ninjas | 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 | |
| Huntington Learning Centers | |
| Code Ninjas | |
| International Expansion | |
| Huntington Learning Centers | |
| Code Ninjas | |