Honors Learning Center vs Scholars Education Centre Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Honors Learning Center vs Scholars Education Centre including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Honors Learning Center Franchise
Scholars Education Centre Franchise
Investment $49,000 - $54,000$90,000 - $130,000
Franchise Fee $15,000N/A
Royalty Fee -10%
Advertising Fee -4%
Year Founded -1998
Year Franchised -2000
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements
 
Honors Learning Center Franchise
Scholars Education Centre Franchise
Experience -

Business experience is an asset (preference for experience particularly in sales and marketing � both formal education and/or real-time experience

Financing Options
 
Honors Learning Center Franchise
Scholars Education Centre Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Honors Learning Center Franchise
Scholars Education Centre Franchise
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
 
Honors Learning Center Franchise
Scholars Education Centre Franchise
US Expansion --
Canada Expansion -Yes
International Expansion --

Company Overviews

About Honors Learning Center

NO LONGER FRANCHISING

About Scholars Education Centre

Starting in 1998, Scholars Education Centre opened its first centre in Thunder Bay, ON and opened their first Franchise location in 2000.Scholars Education Centre is a supplemental education company that helps students by developing an individualized program to maximize their academic success. We coach both struggling and successful students in all subjects, those completing specialized testing or those looking to achieve higher grades to gain admittance to post secondary programs. The adult programming component of the business offers a variety of options for adults looking to get ahead. Computer training, academic upgrading, and GED preparation are just a few of the adult programs we offer.

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.