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Below is an in-depth analysis and side-by-side comparison of Huntington Learning Centers vs Drama Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $133,458 - $276,669 | $33,800 - $73,500 |
Franchise Fee | $28,000 | $27,500 - $57,500 |
Royalty Fee | 9.5% | 8% |
Advertising Fee | 2% | 1% |
Year Founded | 1977 | 1979 |
Year Franchised | 1985 | 1989 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | up to $20K | $2K |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | Yes/Yes | No/Yes |
Equipment | Yes/Yes | No/Yes |
Inventory | Yes/Yes | No/Yes |
Receivables | Yes/Yes | No/Yes |
Payroll | Yes/Yes | No/Yes |
Training & Support |
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Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | 1 day of regional training plus annual conference. Classroom Training: 52 hours Additional Training: Via webinar Absentee Ownership Allowed |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing |
Operations |
Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 4 Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
Join The #1 Revenue Producing Tutoring Franchise.
Huntington Learning Center was established in 1977 and started diversifying in 1985. Today we work almost 300 focuses in 38 states across the nation. We are perceived as a pioneer and pioneer in the establishment mentoring industry, giving quality guideline to a huge number of understudies through our national system of diversified and organization claimed coaching focuses.
The originators, Dr. Raymond and Mrs. Eileen Huntington are still effectively required in the business, and our main goal continues as before as in the year it began: "To Give Every Student The Best Education Possible."
We take extraordinary pride in our notoriety for quality coaching, and in the trust and regard we have picked up from guardians and teachers alike. We are "Your Tutoring Solution" for understudies in all evaluations and subjects.