| ||||
Updated RecentlyLA BOXING vs Scholars Education Centre Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LA BOXING vs Scholars Education Centre including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $200,000 | $90,000 - $130,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 6% | 10% |
| Advertising Fee | 2% | 4% |
| Year Founded | 1992 | 1998 |
| Year Franchised | 2006 | 2000 |
| Term Of Agreement | - | 5 years |
| Term Of Agreement | - | 5 years |
| Renewal Fee | 0 | - |
Business Experience Requirements |
||
| Experience | - | Business experience is an asset (preference for experience particularly in sales and marketing � both formal education and/or real-time experience |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
||
| Training | - | Training available in Ontario |
| Support | - | Website, operations (support from head office field staff and corporate location), general day-to-day procedures, and location opening. |
| Marketing | - | National campaigns, in-house marketing agency that works closely with franchisees, website support, and on-going sales training and support |
| Operations | - | Number of employees needed to run franchised unit: 5 - 12 Absentee ownership of franchise is NOT recommended for the first 24 � 36 months |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
About LA BOXING
The Road to a Better You Congratulations! You have taken the first step toward joining the LA Boxing franchise team. LA Boxing is the world's largest boxing, kickboxing and mixed martial arts gym franchise. Simply put, it is a fitness concept unlike any other. With The LA Boxing Workout, our members burn calories like crazy in a group setting while having fun, gaining self-confidence, and learning the fundamentals of boxing, kickboxing and mixed martial arts. As an LA Boxing franchise owner, you will play a key role in this cutting-edge fitness concept. LA Boxing offers proven stability while you grow your franchise into a successful, profitable business. At LA Boxing, our goal is to succeed through the continued success of our franchise owners, who come to us with ambition, excitement, and a will to win big. Think you have what it takes? Get in the ring with us and find out.
About Scholars Education Centre
Scholars Education Centre provides tutoring for students of all ages, in all grades, and all subject areas. We are committed to helping your students achieve Results That Matter and giving our franchisees a framework to achieve personal financial security and independence while doing so.
The effectiveness of our curriculum and educational approach is proven by research while our comprehensive franchise system ensures brand standards are maintained across our network. As a Scholars Education Centre franchise partner, you will have the tools you need to succeed. It’s no accident that Scholars Education Centre has been recognized as one of the very best franchise systems in Canada by the Canadian Franchise Association with it’s 2020 Award of Excellence and that we have been awarded our 5th-consecutive CFA Franchisee’s Choice Award, as voted by our franchisees.