Start-Up Costs and Fees |
||
| Sylvan Learning Centers | GradePower Learning | |
| Investment | 70270 - 163625 | 99800 - 270500 |
| Franchise Fee | 0 | |
| Royalty Fee | 16% | 10% |
| Advertising Fee | 3% | |
| Year Founded | 1979 | 1984 |
| Year Franchised | 1980 | 1991 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sylvan Learning Centers | GradePower Learning | |
| Experience | Industry experience General business experience Marketing skills Education background preferred but not required | Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise. |
Financing Options |
||
| Sylvan Learning Centers | GradePower Learning | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Sylvan Learning Centers | GradePower Learning | |
| Training | On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
| Marketing | Co-op advertising, Ad slicks, National media | Ad Templates National Media Regional Advertising |
| Operations | 41% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
||
| Sylvan Learning Centers | GradePower Learning | |
| 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 | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sylvan Learning Centers | |
| GradePower Learning | |
| Franchise Fee | |
| Sylvan Learning Centers | |
| GradePower Learning | |
| Royalty Fee | |
| Sylvan Learning Centers | 16% |
| GradePower Learning | 10% |
| Advertising Fee | |
| Sylvan Learning Centers | |
| GradePower Learning | 3% |
| Year Founded | |
| Sylvan Learning Centers | 1979 |
| GradePower Learning | 1984 |
| Year Franchised | |
| Sylvan Learning Centers | 1980 |
| GradePower Learning | 1991 |
| Term Of Agreement | |
| Sylvan Learning Centers | 10 years |
| GradePower Learning | |
| Renewal Fee | |
| Sylvan Learning Centers | $1K |
| GradePower Learning | |
Business Experience Requirements |
|
| Experience | |
| Sylvan Learning Centers | Industry experience General business experience Marketing skills Education background preferred but not required |
| GradePower Learning | Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise. |
Financing Options |
|
| Franchise Fees | |
| Sylvan Learning Centers | No |
| GradePower Learning | No |
| Start-up Costs | |
| Sylvan Learning Centers | |
| GradePower Learning | |
| Equipment | |
| Sylvan Learning Centers} | |
| GradePower Learning | |
| Inventory | |
| Sylvan Learning Centers | |
| GradePower Learning | |
| Receivables | |
| Sylvan Learning Centers | |
| GradePower Learning | |
| Payroll | |
| Sylvan Learning Centers | |
| GradePower Learning | |
Training & Support |
|
| Training | |
| Sylvan Learning Centers | |
| GradePower Learning | On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study |
| Support | |
| Sylvan Learning Centers | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| GradePower Learning | You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Sylvan Learning Centers | Co-op advertising, Ad slicks, National media |
| GradePower Learning | Ad Templates National Media Regional Advertising |
| Operations | |
| Sylvan Learning Centers | 41% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| GradePower Learning | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
Expansion Plans |
|
| US Expansion | |
| Sylvan Learning Centers | |
| GradePower Learning | 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 | |
| Sylvan Learning Centers | |
| GradePower Learning | |
| International Expansion | |
| Sylvan Learning Centers | Canada, |
| GradePower Learning | |