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Below is an in-depth analysis and side-by-side comparison of Crestcom vs A.D. Banker & Company - Training Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $85,345 - $101,699 | $26,900 - $79,100 |
Franchise Fee | $69,500 | $8,900 - $36,400 |
Royalty Fee | 35.5% | 12% |
Advertising Fee | - | - |
Year Founded | 1987 | 1979 |
Year Franchised | 1991 | 2005 |
Term Of Agreement | 7 years | 15 years |
Term Of Agreement | 7 years | 15 years |
Renewal Fee | $500 | $5K |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Classroom Training: 44 hours Additional Training: Bi-annual meetings | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Internet |
Marketing | Ad Templates Social media SEO Website development Email marketing Loyalty program/app | National media |
Operations |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Franchise can be run from home.
- 1
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
A.D. Banker & Company was founded in 1979. The company currently employs 35 associates and has contracts with over 400 professional independent instructors. Our annual enrollment in excess of 50,000 students in 80 cites across the country. We are excited to share our story of growth with you. Join a nationwide network that is filled with the most experienced, dynamic, and growth oriented trainers and educators in the exam preparation and continuing education industry.