Huntington Learning Centers vs Young Chefs Academy Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Huntington Learning Centers vs Young Chefs Academy including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Huntington Learning Centers Young Chefs Academy
Investment 133458 - 276669 120300 - 196900
Franchise Fee 0
Royalty Fee 9.50% $395/month
Advertising Fee 2%
Year Founded 1977 2004
Year Franchised 1985 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Huntington Learning Centers Young Chefs Academy
Experience General business experience *Franchisees must live in the market they wish to operate. *You must have a minimum of $72,000.00. *We carefully consider your personal experience and people skills. *You must understand the unique attributes of operating a business within a franchise system. *You need to be able to execute a franchise agreement within 3 months from the initial request for consideration to begin the qualification process.

Financing Options
  Huntington Learning Centers Young Chefs Academy
 
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 Young Chefs Academy
Training On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online Hands on initial training supports our operations manual so that each new franchisee represents our brand to the standard of quality associated with Young Chefs Academy. All new Young Chef Academy Franchise Owners receive on-site training followed by continual training throughout the franchise relationship. Our initial training program is designed to prepare you to furnish you with the right tools to make your dream a reality and allow you to begin your business immediately after you successfully complete your training.
Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives Through our wide-range of expertise, there is always someone to turn to for answers.
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 Young Chefs Academy
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
Young Chefs Academy
Franchise Fee
Huntington Learning Centers
Young Chefs Academy
Royalty Fee
Huntington Learning Centers 9.50%
Young Chefs Academy $395/month
Advertising Fee
Huntington Learning Centers 2%
Young Chefs Academy
Year Founded
Huntington Learning Centers 1977
Young Chefs Academy 2004
Year Franchised
Huntington Learning Centers 1985
Young Chefs Academy 2005
Term Of Agreement
Huntington Learning Centers 10 years
Young Chefs Academy 10 years
Renewal Fee
Huntington Learning Centers up to $20K
Young Chefs Academy


Business Experience Requirements
Experience
Huntington Learning Centers General business experience
Young Chefs Academy *Franchisees must live in the market they wish to operate. *You must have a minimum of $72,000.00. *We carefully consider your personal experience and people skills. *You must understand the unique attributes of operating a business within a franchise system. *You need to be able to execute a franchise agreement within 3 months from the initial request for consideration to begin the qualification process.

Financing Options
 
Franchise Fees
Huntington Learning Centers No
Young Chefs Academy No
Start-up Costs
Huntington Learning Centers
Young Chefs Academy
Equipment
Huntington Learning Centers}
Young Chefs Academy
Inventory
Huntington Learning Centers
Young Chefs Academy
Receivables
Huntington Learning Centers
Young Chefs Academy
Payroll
Huntington Learning Centers
Young Chefs Academy

Training & Support
Training
Huntington Learning Centers On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online
Young Chefs Academy Hands on initial training supports our operations manual so that each new franchisee represents our brand to the standard of quality associated with Young Chefs Academy. All new Young Chef Academy Franchise Owners receive on-site training followed by continual training throughout the franchise relationship. Our initial training program is designed to prepare you to furnish you with the right tools to make your dream a reality and allow you to begin your business immediately after you successfully complete your training.
Support
Huntington Learning Centers Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Young Chefs Academy Through our wide-range of expertise, there is always someone to turn to for answers.
Marketing
Huntington Learning Centers Co-op advertising, Ad slicks, National media
Young Chefs Academy
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)
Young Chefs Academy

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
Young Chefs Academy
Canada Expansion
Huntington Learning Centers
Young Chefs Academy 0
International Expansion
Huntington Learning Centers
Young Chefs Academy