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Below is an in-depth analysis and side-by-side comparison of The Honors Learning Center vs PC Kidz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $64,500 - $68,700 | $19,800 - $91,300 |
Franchise Fee | $25,000 | $9,500 - $45,000 |
Royalty Fee | $2.5K/mo. | 7% |
Advertising Fee | - | - |
Year Founded | 1987 | 2001 |
Year Franchised | 1991 | 2005 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
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/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks | Co-op advertising, Ad slicks, Regional advertising |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 - 30
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.
Honors franchisees must have current state teaching certification.
The brainchild of Steve and Tammy Perry, PC Kidz was formed in 2001 after Tammy, a former elementary school teacher, noticed a void in basic computer skills with her students. In 2003 the PC Kidz program was offered in over 150 educational child care centers within the eight company owned and seven franchised territories in Texas, North Carolina and Nebraska.