Huntington Learning Centers vs Hooray for Books Franchise Comparison

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

Start-Up Costs and Fees
  Huntington Learning Centers Hooray for Books
Investment 133458 - 276669 35000 - 100000
Franchise Fee 0
Royalty Fee 9.50%
Advertising Fee 2%
Year Founded 1977 0
Year Franchised 1985 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Huntington Learning Centers Hooray for Books
Experience General business experience A teaching degree is not required, although it is welcomed. Our educational expert has created top-notch lessons that any smart cookie can teach. We do however, require you to have a passion for education, reading, baking, washing dishes, and of course, children!

Financing Options
  Huntington Learning Centers Hooray for Books
 
Franchise Fees No
Start-up Costs Yes
Equipment Yes
Inventory Yes
Receivables Yes
Payroll Yes

Training & Support
  Huntington Learning Centers Hooray for Books
Training On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online There is a comprehensive 5 day training program at our headquarters. As part of your franchise fee you and one other person will receive complete training on all aspects of running a successful Hooray for Books franchise.
Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives When you succeed, so do we. We will offer ongoing support to ensure your success from marketing and advertising to new trainings.
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 Hooray for Books
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
Hooray for Books
Franchise Fee
Huntington Learning Centers
Hooray for Books
Royalty Fee
Huntington Learning Centers 9.50%
Hooray for Books
Advertising Fee
Huntington Learning Centers 2%
Hooray for Books
Year Founded
Huntington Learning Centers 1977
Hooray for Books 0
Year Franchised
Huntington Learning Centers 1985
Hooray for Books 0
Term Of Agreement
Huntington Learning Centers 10 years
Hooray for Books 10 years
Renewal Fee
Huntington Learning Centers up to $20K
Hooray for Books


Business Experience Requirements
Experience
Huntington Learning Centers General business experience
Hooray for Books A teaching degree is not required, although it is welcomed. Our educational expert has created top-notch lessons that any smart cookie can teach. We do however, require you to have a passion for education, reading, baking, washing dishes, and of course, children!

Financing Options
 
Franchise Fees
Huntington Learning Centers No
Hooray for Books No
Start-up Costs
Huntington Learning Centers
Hooray for Books
Equipment
Huntington Learning Centers}
Hooray for Books
Inventory
Huntington Learning Centers
Hooray for Books
Receivables
Huntington Learning Centers
Hooray for Books
Payroll
Huntington Learning Centers
Hooray for Books

Training & Support
Training
Huntington Learning Centers On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online
Hooray for Books There is a comprehensive 5 day training program at our headquarters. As part of your franchise fee you and one other person will receive complete training on all aspects of running a successful Hooray for Books franchise.
Support
Huntington Learning Centers Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Hooray for Books When you succeed, so do we. We will offer ongoing support to ensure your success from marketing and advertising to new trainings.
Marketing
Huntington Learning Centers Co-op advertising, Ad slicks, National media
Hooray for Books
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)
Hooray for Books

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
Hooray for Books
Canada Expansion
Huntington Learning Centers
Hooray for Books
International Expansion
Huntington Learning Centers
Hooray for Books