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Below is an in-depth analysis and side-by-side comparison of Academy for Mathematics & English vs Batter Up including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $120,000 - $150,000 | $178,100 - $256,000 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | - | 4% |
Advertising Fee | - | - |
Year Founded | 1993 | 1991 |
Year Franchised | 1993 | 2006 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | * General business experience * Marketing skills * Love of children, energetic personality |
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 | 3 weeks | * Available at headquarters: 4-5 days * At franchisee's location: 4-5 days |
Support | - | - |
Marketing | - | - |
Operations | - | * Number of employees needed to run franchised unit: 4 - 6 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
No longer franchising