Huntington Learning Centers vs Idea Lab Kids Franchise Comparison

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

Start-Up Costs and Fees
	Huntington Learning Centers Franchise	Idea Lab Kids Franchise
Investment	$133,458 - $276,669	$60,200 - $281,000
Franchise Fee	$28,000	$35,500
Royalty Fee	9.5%	11%-9%
Advertising Fee	2%	1%
Year Founded	1977	1990
Year Franchised	1985	2016
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	up to $20K	-
Business Experience Requirements
	Huntington Learning Centers Franchise	Idea Lab Kids Franchise
Experience	General business experience	Skills and abilities that we look for in a successful Idea Lab Kids® business owner. Are you genuinely interested in S.T.E.A.M? Do you understand the role S.T.E.A.M plays in today’s economy and society? Are you active in your community and hungry to make a positive impact in young minds? Are you self-directed, self-motivated and able to juggle through multiple priorities? Do you have a strong desire to learn, grow and have fun in the process?
Financing Options
	Huntington Learning Centers Franchise	Idea Lab Kids Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	-/Yes
Start-up Costs	Yes/Yes	-/Yes
Equipment	Yes/Yes	-/Yes
Inventory	Yes/Yes	-/Yes
Receivables	Yes/Yes	-/-
Payroll	Yes/Yes	-/-
Training & Support
	Huntington Learning Centers Franchise	Idea Lab Kids Franchise
Training	On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online	On-The-Job Training: 50 hours Classroom Training: 30 hours
Support	Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives	Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing	Co-op advertising, Ad slicks, National media	Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
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)	Our franchisee business partners will have the option of taking an active role in the business as the full-time General Manager or choose to hire a full-time Program Coordinator and serve as a consultant. Physical location is not required until 12-18 months in order to allow sufficient ramp up.
Expansion Plans
	Huntington Learning Centers Franchise	Idea Lab Kids Franchise
US Expansion	Yes	Yes
Canada Expansion	No	-
International Expansion	No	Yes

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

      

About Idea Lab Kids

Offsite- Physical Facility offering in house afterschool camps and weekend birthday partiesIdea Lab Kids engages K-8 students in supplemental Science, Technology, Engineering, and Math (S.T.E.A.M) education - giving them real academic advantage in school in addition to the skills and motivation they need to prepare them for 21st century jobs.

IDEA Lab Kids is a unique kids franchise opportunity that allows our franchisee business partners to build a financially viable business by providing multiple revenue streams. We are seeking to partner with driven professionals and investors who have a passion for building a profitable business while also making a positive impact in their community by providing S.T.E.A.M Education.

A background in childcare or education and a passion to educate kids is desirable to succeed as an IDEA Lab Kids franchisee.  In the children's franchise industry, franchise owners today come from diverse backgrounds and have a common goal of making a difference in early childhood education and achieving financial success. Our franchisee business partners will have the option of taking an active role in the business as the full-time General Manager or choose to hire a full-time Program Coordinator and serve as a consultant.

Veteran Incentives  5% off franchise fee