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Below is an in-depth analysis and side-by-side comparison of Abrakadoodle vs Inspiration Learning Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $38,028 - $81,878 | $50,000 - $70,000 |
Franchise Fee | $25,400 - $56,900 | $18,800 |
Royalty Fee | 8% | 10% |
Advertising Fee | 1% | 2% |
Year Founded | 2002 | 2003 |
Year Franchised | 2004 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 5% of current franchise fee | - |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | 20-60 hours pre-training at franchisee's location | Extensive tutor training, administrative training and sales training are provided. Continued support is made available to all franchise owners from our flagship location in Scarborough, Ontario. The length of training is typically three weeks. |
Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media | - |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 5 - 10
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |