Start-Up Costs and Fees |
||
| Huntington Learning Centers | Smart Brain America | |
| Investment | 133458 - 276669 | 60200 - 163700 |
| Franchise Fee | 0 | |
| Royalty Fee | 9.50% | $12-20/student/month |
| Advertising Fee | 2% | |
| Year Founded | 1977 | 2003 |
| Year Franchised | 1985 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Huntington Learning Centers | Smart Brain America | |
| Experience | General business experience | |
Financing Options |
||
| Huntington Learning Centers | Smart Brain America | |
| Franchise Fees | No | No |
| Start-up Costs | Yes | No |
| Equipment | Yes | No |
| Inventory | Yes | No |
| Receivables | Yes | No |
| Payroll | Yes | No |
Training & Support |
||
| Huntington Learning Centers | Smart Brain America | |
| 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 | Smart Brain America | |
| 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 | |
| Smart Brain America | |
| Franchise Fee | |
| Huntington Learning Centers | |
| Smart Brain America | |
| Royalty Fee | |
| Huntington Learning Centers | 9.50% |
| Smart Brain America | $12-20/student/month |
| Advertising Fee | |
| Huntington Learning Centers | 2% |
| Smart Brain America | |
| Year Founded | |
| Huntington Learning Centers | 1977 |
| Smart Brain America | 2003 |
| Year Franchised | |
| Huntington Learning Centers | 1985 |
| Smart Brain America | 2005 |
| Term Of Agreement | |
| Huntington Learning Centers | 10 years |
| Smart Brain America | 10 years |
| Renewal Fee | |
| Huntington Learning Centers | up to $20K |
| Smart Brain America | $3,000 |
Business Experience Requirements |
|
| Experience | |
| Huntington Learning Centers | General business experience |
| Smart Brain America | |
Financing Options |
|
| Franchise Fees | |
| Huntington Learning Centers | No |
| Smart Brain America | No |
| Start-up Costs | |
| Huntington Learning Centers | |
| Smart Brain America | |
| Equipment | |
| Huntington Learning Centers} | |
| Smart Brain America | |
| Inventory | |
| Huntington Learning Centers | |
| Smart Brain America | |
| Receivables | |
| Huntington Learning Centers | |
| Smart Brain America | |
| Payroll | |
| Huntington Learning Centers | |
| Smart Brain America | |
Training & Support |
|
| Training | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Smart Brain America | |
| Support | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Smart Brain America | |
| Marketing | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Smart Brain America | |
| 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) |
| Smart Brain America | |
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 |
| Smart Brain America | |
| Canada Expansion | |
| Huntington Learning Centers | |
| Smart Brain America | 0 |
| International Expansion | |
| Huntington Learning Centers | |
| Smart Brain America | |