Start-Up Costs and Fees |
||
| Huntington Learning Centers | Futura | |
| Investment | 133458 - 276669 | 33000 - 45000 |
| Franchise Fee | 0 | |
| Royalty Fee | 9.50% | |
| Advertising Fee | 2% | |
| Year Founded | 1977 | 2001 |
| Year Franchised | 1985 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Huntington Learning Centers | Futura | |
| Experience | General business experience | We are looking for professionals with a passion for teaching Spanish to children in the community and who have a desire to grow and manage a successful business. The ideal franchisee is also an excellent communicator both verbally and written, who has an absolute motivation for success. This individual should also be organized and successful at multi-tasking. It is not necessary to have a teaching background or even fluency in the Spanish language. You will be trained on the various Futura curriculums, our teaching methods, as well as techniques necessary to train your local instructors. You should have a love for working with children and a passion for the Spanish language and its many cultures. These two things make promoting Spanish instruction for children contagious! |
Financing Options |
||
| Huntington Learning Centers | Futura | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Huntington Learning Centers | Futura | |
| Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | Training at our headquarters for four intensive days *Additional training onsite at your location *Monthly conference calls *Unlimited electronic and telephone support. |
| 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) | Your primary responsibility will be growing Futura in your specified territory, by selling and promoting the program to schools, Community Education/Recreation Departments, and parents. You will manage the schools and recreation departments with whom you partner, as well as the local teachers who work for you. You will be also responsible for training all of your local teaching staff and assuring their success in Futura classrooms |
Expansion Plans |
||
| Huntington Learning Centers | Futura | |
| 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 | |
| Futura | |
| Franchise Fee | |
| Huntington Learning Centers | |
| Futura | |
| Royalty Fee | |
| Huntington Learning Centers | 9.50% |
| Futura | |
| Advertising Fee | |
| Huntington Learning Centers | 2% |
| Futura | |
| Year Founded | |
| Huntington Learning Centers | 1977 |
| Futura | 2001 |
| Year Franchised | |
| Huntington Learning Centers | 1985 |
| Futura | 2006 |
| Term Of Agreement | |
| Huntington Learning Centers | 10 years |
| Futura | |
| Renewal Fee | |
| Huntington Learning Centers | up to $20K |
| Futura | |
Business Experience Requirements |
|
| Experience | |
| Huntington Learning Centers | General business experience |
| Futura | We are looking for professionals with a passion for teaching Spanish to children in the community and who have a desire to grow and manage a successful business. The ideal franchisee is also an excellent communicator both verbally and written, who has an absolute motivation for success. This individual should also be organized and successful at multi-tasking. It is not necessary to have a teaching background or even fluency in the Spanish language. You will be trained on the various Futura curriculums, our teaching methods, as well as techniques necessary to train your local instructors. You should have a love for working with children and a passion for the Spanish language and its many cultures. These two things make promoting Spanish instruction for children contagious! |
Financing Options |
|
| Franchise Fees | |
| Huntington Learning Centers | No |
| Futura | No |
| Start-up Costs | |
| Huntington Learning Centers | |
| Futura | |
| Equipment | |
| Huntington Learning Centers} | |
| Futura | |
| Inventory | |
| Huntington Learning Centers | |
| Futura | |
| Receivables | |
| Huntington Learning Centers | |
| Futura | |
| Payroll | |
| Huntington Learning Centers | |
| Futura | |
Training & Support |
|
| Training | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Futura | Training at our headquarters for four intensive days *Additional training onsite at your location *Monthly conference calls *Unlimited electronic and telephone support. |
| Support | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Futura | |
| Marketing | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Futura | |
| 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) |
| Futura | Your primary responsibility will be growing Futura in your specified territory, by selling and promoting the program to schools, Community Education/Recreation Departments, and parents. You will manage the schools and recreation departments with whom you partner, as well as the local teachers who work for you. You will be also responsible for training all of your local teaching staff and assuring their success in Futura classrooms |
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 |
| Futura | |
| Canada Expansion | |
| Huntington Learning Centers | |
| Futura | 0 |
| International Expansion | |
| Huntington Learning Centers | |
| Futura | |