Start-Up Costs and Fees |
||
| Huntington Learning Centers | Spider Smart | |
| Investment | 133458 - 276669 | 80400 - 142400 |
| Franchise Fee | 0 | |
| Royalty Fee | 9.50% | |
| Advertising Fee | 2% | |
| Year Founded | 1977 | 2004 |
| Year Franchised | 1985 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Huntington Learning Centers | Spider Smart | |
| Experience | General business experience | |
Financing Options |
||
| Huntington Learning Centers | Spider Smart | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Huntington Learning Centers | Spider Smart | |
| 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 | Spider Smart | |
| 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 | 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 | |
| Spider Smart | |
| Franchise Fee | |
| Huntington Learning Centers | |
| Spider Smart | |
| Royalty Fee | |
| Huntington Learning Centers | 9.50% |
| Spider Smart | |
| Advertising Fee | |
| Huntington Learning Centers | 2% |
| Spider Smart | |
| Year Founded | |
| Huntington Learning Centers | 1977 |
| Spider Smart | 2004 |
| Year Franchised | |
| Huntington Learning Centers | 1985 |
| Spider Smart | 2014 |
| Term Of Agreement | |
| Huntington Learning Centers | 10 years |
| Spider Smart | |
| Renewal Fee | |
| Huntington Learning Centers | up to $20K |
| Spider Smart | |
Business Experience Requirements |
|
| Experience | |
| Huntington Learning Centers | General business experience |
| Spider Smart | |
Financing Options |
|
| Franchise Fees | |
| Huntington Learning Centers | No |
| Spider Smart | No |
| Start-up Costs | |
| Huntington Learning Centers | |
| Spider Smart | |
| Equipment | |
| Huntington Learning Centers} | |
| Spider Smart | |
| Inventory | |
| Huntington Learning Centers | |
| Spider Smart | |
| Receivables | |
| Huntington Learning Centers | |
| Spider Smart | |
| Payroll | |
| Huntington Learning Centers | |
| Spider Smart | |
Training & Support |
|
| Training | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Spider Smart | |
| Support | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Spider Smart | |
| Marketing | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Spider Smart | |
| 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) |
| Spider Smart | |
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 |
| Spider Smart | 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 | |
| Huntington Learning Centers | |
| Spider Smart | |
| International Expansion | |
| Huntington Learning Centers | |
| Spider Smart | |