Ho Math & Chess Learning Centre vs Discovery Point Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ho Math & Chess Learning Centre vs Discovery Point including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,000 | $405,572 - $3,443,722 |
Franchise Fee |
$1,000 | $75,000 |
Royalty Fee |
0 | 4.7K-$6.5K/mo. |
Advertising Fee |
- | 1.8K/mo. |
Year Founded |
1995 | 1988 |
Year Franchised |
2004 | 1990 |
Term Of Agreement |
1 year | 20 years |
Term Of Agreement |
1 year | 20 years |
Renewal Fee |
$2,000 | - |
Business Experience Requirements |
Experience |
Marketing skills Teaching experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/Yes |
Start-up Costs |
No/No | -/Yes |
Equipment |
No/No | -/Yes |
Inventory |
No/No | -/Yes |
Receivables |
No/No | -/Yes |
Payroll |
No/No | -/Yes |
Training & Support |
Training |
- | On-The-Job Training: 80 hours
Classroom Training: 80 hours
Additional Training: At existing center
|
Support |
Toll-free phone line, Purchasing cooperatives | Purchasing Co-ops
Meetings/Conventions
Grand Opening
Online Support
Field Operations
Site Selection
|
Marketing |
Co-op advertising | Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing |
Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1
- 1
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | Number of Employees Required to Run: 35 |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
Yes | - |
International Expansion |
Yes | - |
Company Overviews
About Ho Math & Chess Learning Centre
Why Ho Math and Chess franchising is successful?
Honestly, there are no secrets. It is all down to earth hard work and they finally paid off.
In a nutshell, we truly and honestly deliver what parents and children want. We have successfully integrated chess into math by creating fun teaching materials which are unmatched by others. Our teaching method truly boosts children's math marks. Our IQ Chess workbooks and chess teaching set improve children's brain power.Ho Math and Chess is the world's largest and leading child education franchise dedicated to teaching children math through its patents applied, one-of-a-kind math and chess integrated workbooks. Ho Math and Chess invented the world's first math and chess integrated workbook (patent pending) and unique, effective chess training set for children as young as 4 years old. Ho Math and Chess learning center, the world leading authority in math and chess integrated teaching and research, has been a top child education franchiser and tutoring franchiser!
About Discovery Point
Since 1988, we have built world-class child development centers from the ground up. We are very selective and want to be sure that our franchisees are well supported and that each owner has the same passion for quality child development as we do. Growing, mentoring and innovating for over 20 years, we understand that each child, family and franchise is ultimately linked to our reputation and success.
We are with you every step of the way, from market analysis, site selection and construction of your center to operational licensing, four weeks of intense training and unparalleled support after your center is open. We want you to be successful. Our Franchise development model provides:
*Purchase and lease purchase franchise options.
*Financing assistance.
*Reasonable franchise fee and royalty payments.
*Building equity by owning the property, the building, the equipment and the business.
*Multi-Unit development available
Why Discovery Point? SUPPORT!
There are very few people in this world who are real estate, construction, business operations, and childcare experts. The Discovery Point team has specialists in each of these fields to support our franchisees. Franchisees are able to leverage the expertise of an already established successful business model and the business and industry experience of the Discovery Point team.
The support provided to our franchisees is especially important in the child development industry, where parents know that their children are receiving quality care. Partnering with an industry leader like Discovery Point allows you to benefit from the trusted reputation of an already established brand.
Security, promising income, professional satisfaction and personal fulfillment are yours in the childcare profession. With new sites under development and existing centers for sale, there has never been a better or more affordable time to join our team.
Today parents are less likely to be full-time caregivers for their young children, so quality childcare is a primary concern.
Industry with a history of stable growth.
The benefit of a well-run childcare centers is a steady cash flow generated by repeat customers and referrals.
Parents appreciate the whole child philosophy and educational programs of The Discovery Point Experience.
Parents need to know that their children are safe and nurtured - and they're willing to pay a premium price for quality center-based care. If you are personally inspired and professionally committed to working with children and families and want to develop a successful business consider growing with us.
Veteran Incentives 10% off franchise fee