Huntington Learning Centers vs Mind Lab Franchise Comparison

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

Start-Up Costs and Fees

 
Huntington Learning Centers Franchise
Mind Lab Franchise
Investment $133,458 - $276,669$35,000 - $60,000
Franchise Fee $28,000N/A
Royalty Fee 9.5%-
Advertising Fee 2%-
Year Founded 19771994
Year Franchised 19851994
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee up to $20K-


Business Experience Requirements

 
Huntington Learning Centers Franchise
Mind Lab Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Huntington Learning Centers Franchise
    Mind Lab Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs Yes/Yes-/-
    Equipment Yes/Yes-/-
    Inventory Yes/Yes-/-
    Receivables Yes/Yes-/-
    Payroll Yes/Yes-/-

    Training & Support

     
    Huntington Learning Centers Franchise
    Mind Lab 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 cooperatives-
    Marketing Co-op advertising, Ad slicks, National media-
    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)

    -

    Expansion Plans

     
    Huntington Learning Centers Franchise
    Mind Lab Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    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 Mind Lab

    As instructors Mind Lab have to get ready and instruct understudies to be adaptable, to be versatile and to be in fact gifted for a world that is progressively computerized, worldwide and particular. A profound comprehension of community oriented situations, extend based work streams, plan considering, social mindfulness and worldwide connectedness will arm understudies for the world ahead.

    As an educator Mind Lab need our understudies to make basic and important associations with new information, new ideas and new thoughts. Contemporary instructing progressively permits understudies' to investigate gaining from their very own point of view, conveying their reality to the learning environment and their experience to the learning procedure.

    At last to encourage change and to enact advance requires educators and understudies to take in the apparatuses, pick up the information and to be given the ability to be strong, imaginative, inquisitive and adaptable.

    Mind Lab start with preparing at our home office or, in the event that you incline toward, at your area. You will get the whole educational programs, programming, recreations and other instructive extras that involve the Mind Lab Method. You will likewise get our Marketing, Training and Operations Know-How. At that point, as your business develops, we will bolster you with extra preparing and counsel at all times. We welcome you to go along with us at the International Mind Lab Group. As an individual from the Mind Lab Family, you will help kids prevail in their reviews and their lives and, in the meantime, fabricate your own particular effective business!