|
Below is an in-depth analysis and side-by-side comparison of Huntington Learning Centers vs GiggleBytes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $133,458 - $276,669 | $15,000 - And Up |
Franchise Fee | $28,000 | $15,000 |
Royalty Fee | 9.5% | 7-8% |
Advertising Fee | 2% | - |
Year Founded | 1977 | - |
Year Franchised | 1985 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | up to $20K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-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 |
||
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 |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
Do you enjoy working with children in a small group environment? Do you believe that technology offers tremendous opportunities for learning? Do you have a basic knowledge of computers and technology? If so, then GiggleBytes may be the program for you.GiggleBytes classes are offered in daycare centers, preschools, and private schools. After school, weekend and day camp programs for older children allow for flexible hours and income streams.GiggleBytes introduces preschool children to the wonderful world of technology, but GiggleBytes is more than just computers! Teachers implement our proprietary curriculum and work with each child to help him/her develop important academic skills including; letter and number recognition, shapes and colors, pre reading skills, phonics, spatial relations, auditory and visual discrimination, and much more! Exciting STEM (science, technology, engineering, and math) camps and classes for school age kids expand the GiggleBytes curriculum