Start-Up Costs and Fees |
||
| Huntington Learning Centers | Math Squared Education | |
| Investment | 133458 - 276669 | 18550 - 39300 |
| 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 | Math Squared Education | |
| Experience | General business experience | |
Financing Options |
||
| Huntington Learning Centers | Math Squared Education | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Huntington Learning Centers | Math Squared Education | |
| 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 | Math Squared Education | |
| 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 | |
| Math Squared Education | |
| Franchise Fee | |
| Huntington Learning Centers | |
| Math Squared Education | |
| Royalty Fee | |
| Huntington Learning Centers | 9.50% |
| Math Squared Education | |
| Advertising Fee | |
| Huntington Learning Centers | 2% |
| Math Squared Education | |
| Year Founded | |
| Huntington Learning Centers | 1977 |
| Math Squared Education | 0 |
| Year Franchised | |
| Huntington Learning Centers | 1985 |
| Math Squared Education | 0 |
| Term Of Agreement | |
| Huntington Learning Centers | 10 years |
| Math Squared Education | |
| Renewal Fee | |
| Huntington Learning Centers | up to $20K |
| Math Squared Education | |
Business Experience Requirements |
|
| Experience | |
| Huntington Learning Centers | General business experience |
| Math Squared Education | |
Financing Options |
|
| Franchise Fees | |
| Huntington Learning Centers | No |
| Math Squared Education | No |
| Start-up Costs | |
| Huntington Learning Centers | |
| Math Squared Education | |
| Equipment | |
| Huntington Learning Centers} | |
| Math Squared Education | |
| Inventory | |
| Huntington Learning Centers | |
| Math Squared Education | |
| Receivables | |
| Huntington Learning Centers | |
| Math Squared Education | |
| Payroll | |
| Huntington Learning Centers | |
| Math Squared Education | |
Training & Support |
|
| Training | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Math Squared Education | |
| Support | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Math Squared Education | |
| Marketing | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Math Squared Education | |
| 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) |
| Math Squared Education | |
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 |
| Math Squared Education | |
| Canada Expansion | |
| Huntington Learning Centers | |
| Math Squared Education | 0 |
| International Expansion | |
| Huntington Learning Centers | |
| Math Squared Education | |