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Updated RecentlySylvan Learning Centers vs Whizard Academy for Mathematics & English Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sylvan Learning Centers vs Whizard Academy for Mathematics & English including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $70,270 - $163,625 | $125,800 - $177,300 |
| Franchise Fee | $24,000 | $38,000 |
| Royalty Fee | 16% | 10% |
| Advertising Fee | - | - |
| Year Founded | 1979 | 1993 |
| Year Franchised | 1980 | 1993 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1K | $75K/$10K |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, National media | - |
| Operations |
41% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Sylvan Learning Centers
Based in Baltimore, Sylvan Learning Centers was founded in Portland, Oregon, in 1979 to provide personalized instructional services to students of all ages and skill levels. Sylvan has been franchising since 1980 and has learning centers in North America and Asia.
*Royalty includes monthly royalty; national advertising; mandatory
assessment fees; SylvanSync server, support, and ongoing educational
program updates; initial franchisee training; online staffing training.
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About Whizard Academy for Mathematics & English
We're a US company founded on the successful model of our affiliate Canadian company Academy for Mathematics & Science which utilizes an international product which has assisted thousands of students (just like yours) to develop their Mathematical, English and Science skills.