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Below is an in-depth analysis and side-by-side comparison of Aloha USA vs MakerKids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $29,100 | $152,750 - $399,000 |
Franchise Fee | $10,000 | $30,000 |
Royalty Fee | 14% | 8% |
Advertising Fee | - | 3% |
Year Founded | 2005 | 2013 |
Year Franchised | 2007 | 2018 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - Passion for working with kids - Thirst for knowledge - Glass half full mindset (60% optimist, 40% realist) - An Excellent Credit History - Leadership Skills - A Desire to Succeed - A Desire to Make A Difference - No past bankruptcies - No past criminal record - Willing to get out there and make sales - Persistence - Desire to listen, share and be compliant - Being happy is more important to you than being right - Customer-oriented Wait, I don’t know how to teach STEM! - Don’t worry. If you don’t have a teaching background, you can still excel as a MakerKids franchisee. In fact, the backgrounds of our ideal franchisees vary greatly – from engineers and accountants to teachers and homemakers, and everything in between. MakerKids franchise training was designed to level the playing field. We teach you all that you need to know about running a business that deals with STEM instruction. |
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 | Comprehensive 10-day Franchise Training conducted at the Corporate Office. | - Five (5) days Training in Toronto, Canada - Five (5) days On-Site Training - Education/Curriculum: MakerKids® Lesson Plans Options for additional training*: - Internal Training with support and guidance from MK Training Team via Teleconferences, GoTo Meeting and Webinars - Additional Training available at MK HQ in Toronto, Canada - Additional On-Site Training available *Please inquire about additional training. |
Support | The success of our Franchise is committed to the support and training given. With the help of this training and support, the success of your franchise is guaranteed. From ALOHA USA franchise you receive the following: *A turn-key operating system. *Low start-up and overhead expenses. *Start-up kit containing ready equipment, material and supplies. *Ongoing operations support. *Proven marketing techniques. *Personalized home page for your business on the ALOHA USA website. *Standardized forms. *Periodic franchise meetings to share ideas and build relationships with other franchises. *License to "Center Management System" to manage the business. | - Advertising and Marketing: Initial supply of Presentation materials and Templates. - Usage of proprietary Operations Manual - Use of MakerKids® Name, Logo and Trademarks - Annual training and workshop - MakerKids new releases and new concepts |
Marketing | - | - Use of MakerKids® Name, Logo and Trademarks - Presentation Material & Templates |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | Yes |
ALOHA teaches mental arithmetic to children aged 5-12 that helps them in developing their mind and intelligence. It has been proven that ALOHA Mental Arithmetic method has improved the hidden skills of children and brought them out in light. This really helps the children to boost their confidence and get a positive approach. If you would like to franchise ALOHA USA Learning Center in your area, let us know by email [email protected] or by phone toll free 877-ALOHA-03.