|
Below is an in-depth analysis and side-by-side comparison of Huntington Learning Centers vs The Whole Child Learning Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $133,458 - $276,669 | $32,600 - $38,800 |
Franchise Fee | $28,000 | $17,500 |
Royalty Fee | 9.5% | 7% |
Advertising Fee | 2% | 1% |
Year Founded | 1977 | 1996 |
Year Franchised | 1985 | 1999 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | up to $20K | - |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/No |
Start-up Costs | Yes/Yes | Yes/No |
Equipment | Yes/Yes | Yes/No |
Inventory | Yes/Yes | No/No |
Receivables | Yes/Yes | No/No |
Payroll | Yes/Yes | No/No |
Training & Support |
||
Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, National media | Co-op advertising, Regional advertising |
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)
|
Franchise can be run from home. 0% 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 |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
Join The #1 Revenue Producing Tutoring Franchise.
Huntington Learning Center was established in 1977 and started diversifying in 1985. Today we work almost 300 focuses in 38 states across the nation. We are perceived as a pioneer and pioneer in the establishment mentoring industry, giving quality guideline to a huge number of understudies through our national system of diversified and organization claimed coaching focuses.
The originators, Dr. Raymond and Mrs. Eileen Huntington are still effectively required in the business, and our main goal continues as before as in the year it began: "To Give Every Student The Best Education Possible."
We take extraordinary pride in our notoriety for quality coaching, and in the trust and regard we have picked up from guardians and teachers alike. We are "Your Tutoring Solution" for understudies in all evaluations and subjects.
Noticing a lack of quality computer education programs for children, husband and wife Matt and Lindsay Barron founded The Whole Child Learning Co. in San Marcos, Texas, in 1996. Combining Lindsay's teaching experience with Matt's sales and marketing experience, they sold their computer education service to preschools, day-care centers and after-school programs.
In 1997, they changed the company's name to The Whole Child Learning Co. to reflect its expanded curriculum, including martial arts and physical movement classes. The company began franchising in 1999.
Seeking new franchisees in the following regions: U.S.A., Asia, Australia/New Zealand, Middle East, Europe (Eastern), Europe (Western), Central America, Canada, South America, Mexico