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Below is an in-depth analysis and side-by-side comparison of Learning Express vs HomeGamers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $25,825 - $364,150 | $250,000 - $550,000 |
Franchise Fee | $25,000 - $35,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1987 | - |
Year Franchised | 1987 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 10% of then current fran. 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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 30 hours Classroom Training: 30 hours Additional Training: At toy fair, annual convention | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures ield Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 12
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Learning Should be FUN
Learning Express Inc., is a specialty toy store franchise, with more than 100 locations across the country. As the leader of the specialty toy and children's gift category, Learning Express Inc. provides a fun and friendly shopping environment, with a knowledgeable sales staff that provides expert advice to parents looking for that perfect toy.
At Learning Express Inc., we pride ourselves on the quality and uniqueness of our toy selection. We carefully select each product to ensure shelves are stocked with unique and innovative products that encourage learning through play, including games and puzzles, developmental toys, arts and crafts kits, science and nature products, construction toys, books, dolls, plush and other unique items exclusive to Learning Express Inc. and specialty toy retailers.
When you join a franchise system, you own your own business, but you are never on your own. You can count on us to be there to help you with everything: from professional store layout and design, to the ultimate product selection, to start-up and ongoing training we've got you covered! We provide the support you need to open and operate your HomeGamers business: * Complete training at headquarters, plus start-up and ongoing assistance at your location. * Established procedures and standards for running your retail business. * Guidance with securing your location and designing your store. * Unbeatable product knowledge and approved suppliers to ensure you carry the best * selection and most desirable inventory for your customers. * Creative marketing assistance, including already developed fliers, postcards, and other materials, to help build your business right from the start. * Presence on the HomeGamers comprehensive website. * …and much more!