The Learning Experience vs The Honors Learning Center Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Learning Experience vs The Honors Learning Center including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Learning Experience Franchise
The Honors Learning Center Franchise
Investment $544,419 - $3,586,419$64,500 - $68,700
Franchise Fee $60,000$25,000
Royalty Fee 7%$2.5K/mo.
Advertising Fee 1%-
Year Founded 19791987
Year Franchised 20031991
Term Of Agreement 15 years10 years
Term Of Agreement 15 years10 years
Renewal Fee --


Business Experience Requirements
 
The Learning Experience Franchise
The Honors Learning Center Franchise
Experience $150,000 minimum in liquid capital
  • Marketing skills
  • Degree in education
    		•

    Financing Options
     
    The Learning Experience Franchise
    The Honors Learning Center Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    The Learning Experience Franchise
    The Honors Learning Center Franchise
    Training We will teach you everything you need to know to open and operate your center

    On-The-Job Training: 80 hours Classroom Training: 80 hours

    		-
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformNewsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appAd slicks
    Operations

    Number of employees needed to run franchised unit: 10 - 20

    Absentee ownership of franchise is allowed.

    		 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    The Learning Experience Franchise
    The Honors Learning Center Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About The Learning Experience

    The Learning Experience® is the fastest growing child care center operator in the Northeastern United States. Management has been involved in the building of over 2.5 million square feet, representing more than 200 child care centers in 24 states and 4 countries. For a quarter of a century they have enjoyed an impeccable reputation both in child care and franchising and are considered experts in their field. Their forward thinking makes The Learning Experience® one of the most comprehensive franchise systems on the market today.

    Through the development of detailed franchisee training, meticulous operational manuals and an unparalleled student curriculum, The Learning Experience® franchise remains on the cutting edge within the child care industry. The demand for quality and excellence in child care is greater than ever before.

    If you are looking for a 5 day a week business opportunity, love children and are a good business manager, consider all the rewards a franchise of The Learning Experience® could bring you.

    The total investment necessary to begin operation of a Center is between $544,419 and $3,585,419 per Center, depending on whether you purchase an existing Center, develop your own Center or retain the franchisor to develop your Center. This includes payments that must be paid to the franchisor or affiliate that range from $525,000 to $2,625,000 (if you purchase an existing Center), $162,399 to $212,399 (if you develop your own Center), and $267,399 to $384,899 (if we develop the Center for you).

    Franchisor is seeking new franchise units throughout the U.S., Asia, Australia/New Zealand, Canada, Central America, Europe, Middle East and South America
    Veteran Incentives  10% off franchise fee
    ""       "Entrepreneur
    In Franchise Business Reviews Top 200.
    #62 in Franchise 500 for 2020.
    #87 in Franchise 500 for 2021.




    About The Honors Learning Center

    Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.

    Honors franchisees must have current state teaching certification.