Huntington Learning Centers vs Daekyo America, Inc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Huntington Learning Centers vs Daekyo America, Inc. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Huntington Learning Centers Daekyo America, Inc.
Investment 133458 - 276669 8000 - 12000
Franchise Fee 0
Royalty Fee 9.50%
Advertising Fee 2%
Year Founded 1977 1976
Year Franchised 1985 1992
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Huntington Learning Centers Daekyo America, Inc.
Experience General business experience

Financing Options
  Huntington Learning Centers Daekyo America, Inc.
 
Franchise Fees No
Start-up Costs Yes
Equipment Yes
Inventory Yes
Receivables Yes
Payroll Yes

Training & Support
  Huntington Learning Centers Daekyo America, Inc.
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 Daekyo America, Inc.
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
Daekyo America, Inc.
Franchise Fee
Huntington Learning Centers
Daekyo America, Inc.
Royalty Fee
Huntington Learning Centers 9.50%
Daekyo America, Inc.
Advertising Fee
Huntington Learning Centers 2%
Daekyo America, Inc.
Year Founded
Huntington Learning Centers 1977
Daekyo America, Inc. 1976
Year Franchised
Huntington Learning Centers 1985
Daekyo America, Inc. 1992
Term Of Agreement
Huntington Learning Centers 10 years
Daekyo America, Inc.
Renewal Fee
Huntington Learning Centers up to $20K
Daekyo America, Inc.


Business Experience Requirements
Experience
Huntington Learning Centers General business experience
Daekyo America, Inc.

Financing Options
 
Franchise Fees
Huntington Learning Centers No
Daekyo America, Inc. No
Start-up Costs
Huntington Learning Centers
Daekyo America, Inc.
Equipment
Huntington Learning Centers}
Daekyo America, Inc.
Inventory
Huntington Learning Centers
Daekyo America, Inc.
Receivables
Huntington Learning Centers
Daekyo America, Inc.
Payroll
Huntington Learning Centers
Daekyo America, Inc.

Training & Support
Training
Huntington Learning Centers On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online
Daekyo America, Inc.
Support
Huntington Learning Centers Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Daekyo America, Inc.
Marketing
Huntington Learning Centers Co-op advertising, Ad slicks, National media
Daekyo America, Inc.
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)
Daekyo America, Inc.

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
Daekyo America, Inc.
Canada Expansion
Huntington Learning Centers
Daekyo America, Inc. 0
International Expansion
Huntington Learning Centers
Daekyo America, Inc.