Huntington Learning Centers vs Reading Friends Franchise Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Huntington Learning Centers vs Reading Friends Franchise Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Huntington Learning Centers Franchise
Reading Friends Franchise Company Franchise
Investment $133,458 - $276,669$110,950 - $297,500
Franchise Fee $28,000$35,000
Royalty Fee 9.5%5.5%
Advertising Fee 2%-
Year Founded 19771980
Year Franchised 19852002
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee up to $20K-


Business Experience Requirements

 
Huntington Learning Centers Franchise
Reading Friends Franchise Company Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Huntington Learning Centers Franchise
    Reading Friends Franchise Company Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs Yes/YesNo/No
    Equipment Yes/YesNo/No
    Inventory Yes/YesNo/No
    Receivables Yes/YesNo/No
    Payroll Yes/YesNo/No

    Training & Support

     
    Huntington Learning Centers Franchise
    Reading Friends Franchise Company Franchise
    Training On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online -
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperativesGrand opening, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, National mediaCo-op advertising, Ad slicks
    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)

    100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 9

    Absentee ownership of franchise is allowed.


    Expansion Plans

     
    Huntington Learning Centers Franchise
    Reading Friends Franchise Company Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Huntington Learning Centers

    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.


    Veteran Incentives  50% off franchise fee
    ""       "Entrepreneur
    In Franchise Business Reviews Top 200.
    #39 in Franchise 500 for 2020.
    #60 in Franchise 500 for 2021.








    About Reading Friends Franchise Company

    Ours started as a story of overcoming. Owner and founder, Nancy Spencer, was the first person in the city of Fort Worth to be diagnosed with dyslexia after many years of struggling in school. With the proper training, she was able to thrive academically and gained a passion for children and the way that they learn. With the help of Dr. Luke Waites, Gladys Kolenovsky and a team from Scottish Rite Hospital in Dallas, TX, Nancy wrote a full curriculum and started Reading Friends preschool in 1980. The school is now run by her two daughters, Audrey Fowler and Nancy Pack. There are two additional locations. One located in Keller, run by Marsha Wesley. One located in Aledo, run by Diane Taylor.
     
    The Reading Friends Difference

    Reading Friends has the right curriculum, the right commitment, and is the right place. Let us focus on your child.

    The Reading Friends preschool is dedicated to providing the young child a foundation for educational excellence.
    The secret to a well-rounded child is a well-rounded approach to teaching

    Curriculum


    We employ Multi-sensory teaching techniques involving the total child.

    Our Phonics Advantage curriculum is a language-based program that is the heart of our proprietary curricula.

    Children receive structured academic experiences that produce a firm foundation in reading, math, social studies, and science.

    Social

    The Reading Friends program is designed to provide successful opportunities for all students. Children have daily outside free play and snack where they experiment with social interaction and cooperation.