Ho Math & Chess Learning Centre vs Discovery Point Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Ho Math & Chess Learning Centre vs Discovery Point including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Ho Math & Chess Learning Centre Franchise
Discovery Point Franchise
Investment $1,000$405,572 - $3,443,722
Franchise Fee $1,000$75,000
Royalty Fee 04.7K-$6.5K/mo.
Advertising Fee -1.8K/mo.
Year Founded 19951988
Year Franchised 20041990
Term Of Agreement 1 year20 years
Term Of Agreement 1 year20 years
Renewal Fee $2,000-


Business Experience Requirements

 
Ho Math & Chess Learning Centre Franchise
Discovery Point Franchise
Experience
  • Marketing skills
  • Teaching experience
  • -

    Financing Options

     
    Ho Math & Chess Learning Centre Franchise
    Discovery Point Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    Ho Math & Chess Learning Centre Franchise
    Discovery Point Franchise
    Training -On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center
    Support Toll-free phone line, Purchasing cooperativesPurchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection
    Marketing Co-op advertisingAd Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations Franchise can be run from home.

    Number of employees needed to run franchised unit: 1 - 1

    Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

    Number of Employees Required to Run: 35

    Expansion Plans

     
    Ho Math & Chess Learning Centre Franchise
    Discovery Point Franchise
    US Expansion -Yes
    Canada Expansion Yes-
    International Expansion Yes-

    Company Overviews

    About Ho Math & Chess Learning Centre

    Why Ho Math and Chess franchising is successful? Honestly, there are no secrets. It is all down to earth hard work and they finally paid off. In a nutshell, we truly and honestly deliver what parents and children want. We have successfully integrated chess into math by creating fun teaching materials which are unmatched by others. Our teaching method truly boosts children's math marks. Our IQ Chess workbooks and chess teaching set improve children's brain power.Ho Math and Chess is the world's largest and leading child education franchise dedicated to teaching children math through its patents applied, one-of-a-kind math and chess integrated workbooks. Ho Math and Chess invented the world's first math and chess integrated workbook (patent pending) and unique, effective chess training set for children as young as 4 years old. Ho Math and Chess learning center, the world leading authority in math and chess integrated teaching and research, has been a top child education franchiser and tutoring franchiser!

    About Discovery Point

    Since 1988, we have built world-class child development centers from the ground up. We are very selective and want to be sure that our franchisees are well supported and that each owner has the same passion for quality child development as we do. Growing, mentoring and innovating for over 20 years, we understand that each child, family and franchise is ultimately linked to our reputation and success. We are with you every step of the way, from market analysis, site selection and construction of your center to operational licensing, four weeks of intense training and unparalleled support after your center is open. We want you to be successful. Our Franchise development model provides: *Purchase and lease purchase franchise options. *Financing assistance. *Reasonable franchise fee and royalty payments. *Building equity by owning the property, the building, the equipment and the business. *Multi-Unit development available Why Discovery Point? SUPPORT! There are very few people in this world who are real estate, construction, business operations, and childcare experts. The Discovery Point team has specialists in each of these fields to support our franchisees. Franchisees are able to leverage the expertise of an already established successful business model and the business and industry experience of the Discovery Point team. The support provided to our franchisees is especially important in the child development industry, where parents know that their children are receiving quality care. Partnering with an industry leader like Discovery Point allows you to benefit from the trusted reputation of an already established brand. Security, promising income, professional satisfaction and personal fulfillment are yours in the childcare profession. With new sites under development and existing centers for sale, there has never been a better or more affordable time to join our team. Today parents are less likely to be full-time caregivers for their young children, so quality childcare is a primary concern. Industry with a history of stable growth. The benefit of a well-run childcare centers is a steady cash flow generated by repeat customers and referrals. Parents appreciate the whole child philosophy and educational programs of The Discovery Point Experience. Parents need to know that their children are safe and nurtured - and they're willing to pay a premium price for quality center-based care. If you are personally inspired and professionally committed to working with children and families and want to develop a successful business consider growing with us.
     
    Veteran Incentives   10% off franchise fee