|
Below is an in-depth analysis and side-by-side comparison of Huntington Learning Centers vs KLA Schools including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $133,458 - $276,669 | $1,121,000 - $5,954,750 |
Franchise Fee | $28,000 | $78,500 |
Royalty Fee | 9.5% | 6% |
Advertising Fee | 2% | 1.5% |
Year Founded | 1977 | - |
Year Franchised | 1985 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | up to $20K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-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 |
||
Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | KLA provides more than four weeks of in-depth, hands-on classroom and onsite training prior to your school opening that will give you insight into the day-to-day experiences and requirements entailed in running your KLA franchise. A few topics covered during your initial training will be: * KLA Education Philosophy and Programs * Establishing and Operating the Business * School Setup * School Operations Overview * Daily Journals and Documentation * Recommended Equipment, Supplies and Furnishings |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | The support services from KLA Schools� have been designed to assist each franchisee to quickly establish and assume operations of their school location and to provide the necessary tools to succeed as a KLA franchisee. Expand Contract Personnel Support Recruiting secure and knowledgeable personnel for your KLA childcare franchise is critical. We will educate you and ensure you are ready to hire the right individuals to support the success of your school. Employment Support includes: * Recruitment and Candidate Selection Process Overview * Orientation and Training of Personnel * Suggested Team Building Activities * Establishment of Personnel Policies * Evaluation of Employees * Ongoing Professional Development Expand Contract Real Estate and Design Support KLA Schools will identify the best preschool franchise site for you and will provide you with a Site Location Analysis to review. You also have the option of being delivered a turnkey educational center to start of your new venture. Real Estate and Design support includes: * Demographic Analysis * Site Selection * Lease Negotiations * School Design * Site Development * Sample Building Plans * Turnkey Solution/Center Development Agreement Expand Contract Marketing and Advertising Support As a KLA Schools franchisee, you benefit from marketing expertise that includes proven marketing plans and materials for use in your area. We will help you to locate appropriate public relations support to provide proper media exposure. We will also continue to explore and utilize new marketing technicques as ways to reach, educate and retain customers. Marketing and Advertising support includes: * Grand Opening Planning and Support * Planning for Pre-Opening Marketing Efforts * Website Solutions and Strategies (SEO, SEM, PPC) * Inquiry and Enrollment Process * Ongoing Local Advertising Support * Encouraging Community Involvement * Open House Planning |
Marketing | Co-op advertising, Ad slicks, National media | * Grand Opening Planning and Support * Planning for Pre-Opening Marketing Efforts * Website Solutions and Strategies (SEO, SEM, PPC) * Inquiry and Enrollment Process * Ongoing Local Advertising Support * Encouraging Community Involvement * Open House Planning |
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 |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.