Start-Up Costs and Fees |
||
| Huntington Learning Centers | Summit Learning Services | |
| Investment | 133458 - 276669 | 32995 - 46995 |
| Franchise Fee | 0 | |
| Royalty Fee | 9.50% | 14% |
| Advertising Fee | 2% | |
| Year Founded | 1977 | 2007 |
| Year Franchised | 1985 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Huntington Learning Centers | Summit Learning Services | |
| Experience | General business experience | |
Financing Options |
||
| Huntington Learning Centers | Summit Learning Services | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Huntington Learning Centers | Summit Learning Services | |
| 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) | Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators). |
Expansion Plans |
||
| Huntington Learning Centers | Summit Learning Services | |
| 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 | |
| Summit Learning Services | |
| Franchise Fee | |
| Huntington Learning Centers | |
| Summit Learning Services | |
| Royalty Fee | |
| Huntington Learning Centers | 9.50% |
| Summit Learning Services | 14% |
| Advertising Fee | |
| Huntington Learning Centers | 2% |
| Summit Learning Services | |
| Year Founded | |
| Huntington Learning Centers | 1977 |
| Summit Learning Services | 2007 |
| Year Franchised | |
| Huntington Learning Centers | 1985 |
| Summit Learning Services | 2009 |
| Term Of Agreement | |
| Huntington Learning Centers | 10 years |
| Summit Learning Services | 5 years |
| Renewal Fee | |
| Huntington Learning Centers | up to $20K |
| Summit Learning Services | |
Business Experience Requirements |
|
| Experience | |
| Huntington Learning Centers | General business experience |
| Summit Learning Services | |
Financing Options |
|
| Franchise Fees | |
| Huntington Learning Centers | No |
| Summit Learning Services | No |
| Start-up Costs | |
| Huntington Learning Centers | |
| Summit Learning Services | |
| Equipment | |
| Huntington Learning Centers} | |
| Summit Learning Services | |
| Inventory | |
| Huntington Learning Centers | |
| Summit Learning Services | |
| Receivables | |
| Huntington Learning Centers | |
| Summit Learning Services | |
| Payroll | |
| Huntington Learning Centers | |
| Summit Learning Services | |
Training & Support |
|
| Training | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Summit Learning Services | |
| Support | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Summit Learning Services | |
| Marketing | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Summit Learning Services | |
| 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) |
| Summit Learning Services | Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators). |
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 |
| Summit Learning Services | |
| Canada Expansion | |
| Huntington Learning Centers | |
| Summit Learning Services | |
| International Expansion | |
| Huntington Learning Centers | |
| Summit Learning Services | |