Start-Up Costs and Fees |
||
| Huntington Learning Centers | Ivy Kids Systems | |
| Investment | 133458 - 276669 | 0 - 0 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 9.50% | |
| Advertising Fee | 2% | |
| Year Founded | 1977 | 2002 |
| Year Franchised | 1985 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Huntington Learning Centers | Ivy Kids Systems | |
| Experience | General business experience | |
Financing Options |
||
| Huntington Learning Centers | Ivy Kids Systems | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Huntington Learning Centers | Ivy Kids Systems | |
| Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | - Corporate based in classroom training and pre-opening location based training - Specific instruction for owner, center director and education director - Assistance in licensing, opening, staff development and retention - Dedicated training of all new teachers and refresher training for long term staff - Guidance for implementing effective grand opening, open house events and community-orientated activities |
| 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 | Ivy Kids Systems | |
| 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 | Florida, Georgia, North Carolina, Ohio, Tennessee, Texas |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Huntington Learning Centers | |
| Ivy Kids Systems | |
| Franchise Fee | |
| Huntington Learning Centers | |
| Ivy Kids Systems | |
| Royalty Fee | |
| Huntington Learning Centers | 9.50% |
| Ivy Kids Systems | |
| Advertising Fee | |
| Huntington Learning Centers | 2% |
| Ivy Kids Systems | |
| Year Founded | |
| Huntington Learning Centers | 1977 |
| Ivy Kids Systems | 2002 |
| Year Franchised | |
| Huntington Learning Centers | 1985 |
| Ivy Kids Systems | 2016 |
| Term Of Agreement | |
| Huntington Learning Centers | 10 years |
| Ivy Kids Systems | |
| Renewal Fee | |
| Huntington Learning Centers | up to $20K |
| Ivy Kids Systems | |
Business Experience Requirements |
|
| Experience | |
| Huntington Learning Centers | General business experience |
| Ivy Kids Systems | |
Financing Options |
|
| Franchise Fees | |
| Huntington Learning Centers | No |
| Ivy Kids Systems | No |
| Start-up Costs | |
| Huntington Learning Centers | |
| Ivy Kids Systems | |
| Equipment | |
| Huntington Learning Centers} | |
| Ivy Kids Systems | |
| Inventory | |
| Huntington Learning Centers | |
| Ivy Kids Systems | |
| Receivables | |
| Huntington Learning Centers | |
| Ivy Kids Systems | |
| Payroll | |
| Huntington Learning Centers | |
| Ivy Kids Systems | |
Training & Support |
|
| Training | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Ivy Kids Systems | - Corporate based in classroom training and pre-opening location based training - Specific instruction for owner, center director and education director - Assistance in licensing, opening, staff development and retention - Dedicated training of all new teachers and refresher training for long term staff - Guidance for implementing effective grand opening, open house events and community-orientated activities |
| Support | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Ivy Kids Systems | |
| Marketing | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Ivy Kids Systems | |
| 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) |
| Ivy Kids Systems | |
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 |
| Ivy Kids Systems | Florida, Georgia, North Carolina, Ohio, Tennessee, Texas |
| Canada Expansion | |
| Huntington Learning Centers | |
| Ivy Kids Systems | |
| International Expansion | |
| Huntington Learning Centers | |
| Ivy Kids Systems | |