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Updated RecentlyScholars Education Centre vs Omega Learning Center Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Scholars Education Centre vs Omega Learning Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $90,000 - $130,000 | $123,650 - $183,643 |
| Franchise Fee | N/A | $49,900 |
| Royalty Fee | 10% | 8% |
| Advertising Fee | 4% | 5%Local+2%Nat'l |
| Year Founded | 1998 | - |
| Year Franchised | 2000 | - |
| Term Of Agreement | 5 years | 5years+5+5+5 |
| Term Of Agreement | 5 years | 5years+5+5+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Business experience is an asset (preference for experience particularly in sales and marketing � both formal education and/or real-time 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 | Training available in Ontario | The initial training is extensive and covers all material aspects of the operation of an Omega Learning Center Business and is comprised of classroom and on-the-job training. There is also continued training and support at your business after you open. |
| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
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.
About Omega Learning Center
We franchise the right to operate a diagnostic testing and supplemental education center that provides individualized tutoring and assessment, standardized test preparation and individually tailored instructional programs and services to children and young adults. As a part of your business model, you also have the right to operate a private school, Omega private Academy. An Omega Learning Center� franchise offers you the opportunity to provide tutoring for children and young adults to help them achieve their academic goals and eventually succeed in life. That opportunity is enhanced by the benefits of an established franchise company and outstanding, turnkey business system. It all adds up to a most fulfilling life for you! Now is the time to join the Omega Learning Center� family. We are looking for a limited number of franchisees that meet the following criteria: *Strong sales and customer service abilities *Well-developed people skills *Maturity and stability *Eagerness to help children learn *Enthusiasm and self-motivation *Firm belief that education is the key to success *Dedication to helping children reach their education goals *Strong ties to the community *Willingness to learn and follow our proven business model *High personal standards including excellence, honesty, and integrity *Ability to meet initial investment requirements Call today...Territories are going quickly in your area!