Huntington Learning Centers vs Math Monkey Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Huntington Learning Centers vs Math Monkey including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Huntington Learning Centers Franchise
Math Monkey Franchise
Investment $133,458 - $276,669$99,000 - $164,000
Franchise Fee $28,000$31,500
Royalty Fee 9.5%6%
Advertising Fee 2%-
Year Founded 19772006
Year Franchised 19852006
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee up to $20K-


Business Experience Requirements
 
Huntington Learning Centers Franchise
Math Monkey Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Huntington Learning Centers Franchise
    Math Monkey Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs Yes/Yes-/-
    Equipment Yes/Yes-/-
    Inventory Yes/Yes-/-
    Receivables Yes/Yes-/-
    Payroll Yes/Yes-/-

    Training & Support
     
    Huntington Learning Centers Franchise
    Math Monkey Franchise
    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-
    Marketing Co-op advertising, Ad slicks, National media-
    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)

    		-

    Expansion Plans
     
    Huntington Learning Centers Franchise
    Math Monkey Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Huntington Learning Centers

    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.


    Veteran Incentives  50% off franchise fee
    ""       "Entrepreneur
    In Franchise Business Reviews Top 200.
    #39 in Franchise 500 for 2020.
    #60 in Franchise 500 for 2021.








    About Math Monkey

    Math Monkey is an education company dedicated to bridging the gap between traditional educations, whether public or private, and the true needs of tomorrow's leaders to succeed in the hypercompetitive global economy.
    By instilling a love of math in young children, Math Monkey will be able to nurture future generations of creativity and innovation.