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Below is an in-depth analysis and side-by-side comparison of Academy for Mathematics & English vs ICode 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 | $293,000 - $347,000 |
Franchise Fee | $35,000 | $35,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2% |
Year Founded | 1993 | 2016 |
Year Franchised | 1993 | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 3 weeks | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Proprietary STEAM-based educational courses for children and
engaging courses for families, and other programs that ICode may develop periodically.