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Below is an in-depth analysis and side-by-side comparison of Huntington Learning Centers vs Code Ninjas including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $133,458 - $276,669 | $31,420 - $333,270 |
Franchise Fee | $28,000 | $15,000 - $31,000 |
Royalty Fee | 9.5% | 6.5%-12% |
Advertising Fee | 2% | - |
Year Founded | 1977 | 2016 |
Year Franchised | 1985 | 2016 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | up to $20K | - |
Business Experience Requirements |
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Experience | Qualified candidates for Code Ninjas franchise ownership come from all walks of life, including business, education, military, police, retirees, entrepreneurs (and yes, coders). The best franchise owners play an active role in the business, and are interested in making a positive impact on children and their community. Other qualities we look for are drive, compassion, willingness to learn, and support for our values. | |
Financing Options |
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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 |
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Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | Prior to opening, franchise owners attend training led by our team of franchising experts, totaling approximately 50 hours. This includes in-person and online training. In addition, a corporate representative will be present to assist with the opening and initial operations of your center, to help you get off to a great start. |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Code Ninjas is designed to be a turnkey business model with a complete ecosystem of tools and support to run every aspect your franchise. This includes training, site selection, marketing, design, vendor network, franchise management software, and a dedicated support team. |
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)
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Expansion Plans |
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US Expansion | Yes | 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.
Code Ninjas is Creating the Problem Solvers of Tomorrow. Code Ninjas is expanding nationwide through franchising..