Reading Friends Franchise Company vs Summit Learning Services Franchise Comparison

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

Start-Up Costs and Fees

 
Reading Friends Franchise Company Franchise
Summit Learning Services Franchise
Investment $110,950 - $297,500$32,995 - $46,995
Franchise Fee $35,000$12,995 - $24,995
Royalty Fee 5.5%14%
Advertising Fee --
Year Founded 19802007
Year Franchised 20022009
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements

 
Reading Friends Franchise Company Franchise
Summit Learning Services Franchise
Experience --

Financing Options

 
Reading Friends Franchise Company Franchise
Summit Learning Services Franchise
  In-House/3rd PartyIn-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

 
Reading Friends Franchise Company Franchise
Summit Learning Services Franchise
Training --
Support Grand opening, Field operations/evaluations-
Marketing Co-op advertising, Ad slicks-
Operations 100% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 9

Absentee ownership of franchise is allowed.

Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

Expansion Plans

 
Reading Friends Franchise Company Franchise
Summit Learning Services Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

Company Overviews

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.

About Summit Learning Services

Summit Learning Services was established by Jeanee Thompson and Ed Cwieka. Beginning with only 1 understudy, Summit Learning Services developed to 150 understudies in 3 months. The organization gave mentoring administrations at their corporate office and in addition understudy's homes.

In 2008, Summit Learning Services was named "Business Accomplice Of They Year" by Broward County Public Schools. The principal establishment was sold in 2009 and numerous more units are being arranged all through the USA and Canada.

Extent of Services

Utilizing a blend of outsider and restrictive educational modules, Summit is taking in Services mentors understudies from K-12 in perusing, math and science. The organization gives these administrations to understudies in the No Child Left Behind program and also private pay understudies. The organization has a strict arrangement of utilizing just state confirmed instructors as guides.