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Below is an in-depth analysis and side-by-side comparison of LearningRx vs Chyten including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $90,000 - $149,000 | $113,900 - $234,000 |
Franchise Fee | $25,000 | $37,500 |
Royalty Fee | 7% -8% | 8% |
Advertising Fee | 3% | up to 4% |
Year Founded | 1986 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | $5K | - |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | As a brain training company, we value initial and ongoing training very highly. Our training includes a 2-day job shadowing with one of our franchisees prior to our 10-day training in Colorado Springs, CO. The 10-day franchise training covers our over 200 proprietary training procedures, marketing, public relations, business operations, networking, testing, administration, hiring, and much more. Our brain trainers are trained on-site by the franchisee, using over 40 hours of online material as well as 20-30 hours of in-person training and observation. We also offer ongoing training and support via our Helpdesk (phone and email support) and quarterly calls with our support team. | - |
Support | We know that the success of our franchisees is our success. Valuable support is a top priority for us, and we strive to help our franchisees however possible. Our support team is led by a former franchisee and LearningRx parent, who understands the day-to- day running of a center firsthand. We also have a marketing and business coach, who will help our first-year franchisees create and implement their 12-month business plan and offer ongoing support of business operations. The support team also runs the helpdesk, which is available by phone and email and boasts a very fast turnaround. We provide a franchise operations system designed to support all of your business needs from site selection and build out to launch marketing and sales prospecting. We are continually introducing new Brain Balance programs, products and services to increase your sales opportunities. Through national media exposure, training and consulting by program creator and co-founder, Dr. Robert Melillo renowned researcher, lecturer and author of several best sellers including, Disconnected Kids, Reconnected Kids and his latest book, Autism | - |
Marketing | We offer new materials on a regular basis across multiple platforms: social media, print, TV, radio, PPC, SEO, etc. You can also join a voluntary marketing co-op where applicable. *National PR exposure *Exposure Across the Digital Landscape *Web-based Requisition System for Customized Marketing Materials *Local Marketing Guidance | - |
Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 3 Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | No | - |
If you are looking for a personally, professionally and financially rewarding career, then opening a Chyten Education Center is for you. The dramatic growth of the education industry has created new opportunities for thousands of individuals from diverse walks of life who have turned to education as a new career, just as hundreds of thousands of discerning parents turn to private education providers year after year to help their children excel in school and gain an advantage in the ultra-competitive matriculation process.Chyten is the premier private education provider in the nation. With Master’s degree tutors, highly effective, proprietary strategies, several published preparation manuals and a wide array of educational services, Chyten is unmatched in reputation and earnings potential. Chyten offers a boutique experience that has great appeal to parents who want the best for their children. With services ranging from college counseling to test preparation to academic tutoring and study skills, Chyten centers offer parents one-stop shopping for students of all ages.Chyten has a national sales and support staff firmly in place, and is poised for both fast growth and outstanding support. The entire staff at Chyten knows that our success depends on the success of its franchise owners and offers unequaled support from Company president Neil Chyten himself and his highly qualified and dedicated staff of experts. Please take a new look at the education industry with a fresh perspective, through the eyes of a parent. Then, you will truly understand the exciting opportunity that awaits you by partnering with a company that holds educational excellence as its primary business philosophy. Learn more by calling 800-428-TEST (8378).