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Below is an in-depth analysis and side-by-side comparison of Honors Learning Center vs Ultimate Drivers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $49,000 - $54,000 | $45,000 - $65,000 |
Franchise Fee | $15,000 | $5,000 - $7,500 |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | - | 1993 |
Year Franchised | - | 2000 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | A comprehensive 3-week training course is provided, covering such topics as: management & sales techniques/ operating systems & methods/ customer & employee relations/ local advertising & promotion. |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
NO LONGER FRANCHISING
All franchise fees include a four-week Young Drivers instructor training program for one person, a ten-day Young Drivers classroom teacher program for one person, and a five-day business management program for up to two people.
Additional classrooms within the exclusive franchise area are priced at $2,500. Classrooms outside the exclusive franchise area are $5,000 for populations of 50,000 or more and $3,000 for populations less than 50,000.
For franchising fees in countries other than Canada, please contact Peter Christianson at [email protected].