| ||||
Updated RecentlyThe Honors Learning Center vs Chyten Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Honors Learning Center vs Chyten including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $64,500 - $68,700 | $113,900 - $234,000 |
| Franchise Fee | $25,000 | $37,500 |
| Royalty Fee | $2.5K/mo. | 8% |
| Advertising Fee | - | up to 4% |
| Year Founded | 1987 | - |
| Year Franchised | 1991 | - |
| Term Of Agreement | 10 years | 20 years |
| Term Of Agreement | 10 years | 20 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| Training | - | - |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Ad slicks | - |
| 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) | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About The Honors Learning Center
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.
About Chyten
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).