Start-Up Costs and Fees |
||
| Sylvan Learning Centers | Whizard Academy for Mathematics & English | |
| Investment | 70270 - 163625 | 125800 - 177300 |
| Franchise Fee | 0 | |
| Royalty Fee | 16% | 10% |
| Advertising Fee | ||
| Year Founded | 1979 | 1993 |
| Year Franchised | 1980 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sylvan Learning Centers | Whizard Academy for Mathematics & English | |
| Experience | Industry experience General business experience Marketing skills Education background preferred but not required | |
Financing Options |
||
| Sylvan Learning Centers | Whizard Academy for Mathematics & English | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Sylvan Learning Centers | Whizard Academy for Mathematics & English | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media | |
| 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) | |
Expansion Plans |
||
| Sylvan Learning Centers | Whizard Academy for Mathematics & English | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sylvan Learning Centers | |
| Whizard Academy for Mathematics & English | |
| Franchise Fee | |
| Sylvan Learning Centers | |
| Whizard Academy for Mathematics & English | |
| Royalty Fee | |
| Sylvan Learning Centers | 16% |
| Whizard Academy for Mathematics & English | 10% |
| Advertising Fee | |
| Sylvan Learning Centers | |
| Whizard Academy for Mathematics & English | |
| Year Founded | |
| Sylvan Learning Centers | 1979 |
| Whizard Academy for Mathematics & English | 1993 |
| Year Franchised | |
| Sylvan Learning Centers | 1980 |
| Whizard Academy for Mathematics & English | 1993 |
| Term Of Agreement | |
| Sylvan Learning Centers | 10 years |
| Whizard Academy for Mathematics & English | |
| Renewal Fee | |
| Sylvan Learning Centers | $1K |
| Whizard Academy for Mathematics & English | $75K/$10K |
Business Experience Requirements |
|
| Experience | |
| Sylvan Learning Centers | Industry experience General business experience Marketing skills Education background preferred but not required |
| Whizard Academy for Mathematics & English | |
Financing Options |
|
| Franchise Fees | |
| Sylvan Learning Centers | No |
| Whizard Academy for Mathematics & English | No |
| Start-up Costs | |
| Sylvan Learning Centers | |
| Whizard Academy for Mathematics & English | |
| Equipment | |
| Sylvan Learning Centers} | |
| Whizard Academy for Mathematics & English | |
| Inventory | |
| Sylvan Learning Centers | |
| Whizard Academy for Mathematics & English | |
| Receivables | |
| Sylvan Learning Centers | |
| Whizard Academy for Mathematics & English | |
| Payroll | |
| Sylvan Learning Centers | |
| Whizard Academy for Mathematics & English | |
Training & Support |
|
| Training | |
| Sylvan Learning Centers | |
| Whizard Academy for Mathematics & English | |
| Support | |
| Sylvan Learning Centers | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Whizard Academy for Mathematics & English | |
| Marketing | |
| Sylvan Learning Centers | Co-op advertising, Ad slicks, National media |
| Whizard Academy for Mathematics & English | |
| 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) |
| Whizard Academy for Mathematics & English | |
Expansion Plans |
|
| US Expansion | |
| Sylvan Learning Centers | |
| Whizard Academy for Mathematics & English | |
| Canada Expansion | |
| Sylvan Learning Centers | |
| Whizard Academy for Mathematics & English | 0 |
| International Expansion | |
| Sylvan Learning Centers | Canada, |
| Whizard Academy for Mathematics & English | |