|
Below is an in-depth analysis and side-by-side comparison of Omega Learning Center vs Stemtree including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $123,650 - $183,643 | $83,800 - $149,800 |
Franchise Fee | $49,900 | $39,500 |
Royalty Fee | 8% | 8% |
Advertising Fee | 5%Local+2%Nat'l | 2% |
Year Founded | - | 2014 |
Year Franchised | - | 2016 |
Term Of Agreement | 5years+5+5+5 | - |
Term Of Agreement | 5years+5+5+5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | The initial training is extensive and covers all material aspects of the operation of an Omega Learning Center Business and is comprised of classroom and on-the-job training. There is also continued training and support at your business after you open. | On-The-Job Training: 8 hours Classroom Training: 30 hours |
Support | - | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
We franchise the right to operate a diagnostic testing and supplemental education center that provides individualized tutoring and assessment, standardized test preparation and individually tailored instructional programs and services to children and young adults. As a part of your business model, you also have the right to operate a private school, Omega private Academy. An Omega Learning Center� franchise offers you the opportunity to provide tutoring for children and young adults to help them achieve their academic goals and eventually succeed in life. That opportunity is enhanced by the benefits of an established franchise company and outstanding, turnkey business system. It all adds up to a most fulfilling life for you! Now is the time to join the Omega Learning Center� family. We are looking for a limited number of franchisees that meet the following criteria: *Strong sales and customer service abilities *Well-developed people skills *Maturity and stability *Eagerness to help children learn *Enthusiasm and self-motivation *Firm belief that education is the key to success *Dedication to helping children reach their education goals *Strong ties to the community *Willingness to learn and follow our proven business model *High personal standards including excellence, honesty, and integrity *Ability to meet initial investment requirements Call today...Territories are going quickly in your area!