Start-Up Costs and Fees |
||
| Discovery Point | Ho Math & Chess Learning Centre | |
| Investment | 405572 - 3443722 | 1000 - 1000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.7K-$6.5K/mo. | 0 |
| Advertising Fee | 1.8K/mo. | |
| Year Founded | 1988 | 1995 |
| Year Franchised | 1990 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Discovery Point | Ho Math & Chess Learning Centre | |
| Experience | Marketing skills Teaching experience | |
Financing Options |
||
| Discovery Point | Ho Math & Chess Learning Centre | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Discovery Point | Ho Math & Chess Learning Centre | |
| Training | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center | |
| Support | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection | Toll-free phone line, Purchasing cooperatives |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising |
| Operations | Number of Employees Required to Run: 35 | Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 1 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
||
| Discovery Point | Ho Math & Chess Learning Centre | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | |
| Franchise Fee | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | |
| Royalty Fee | |
| Discovery Point | 4.7K-$6.5K/mo. |
| Ho Math & Chess Learning Centre | 0 |
| Advertising Fee | |
| Discovery Point | 1.8K/mo. |
| Ho Math & Chess Learning Centre | |
| Year Founded | |
| Discovery Point | 1988 |
| Ho Math & Chess Learning Centre | 1995 |
| Year Franchised | |
| Discovery Point | 1990 |
| Ho Math & Chess Learning Centre | 2004 |
| Term Of Agreement | |
| Discovery Point | 20 years |
| Ho Math & Chess Learning Centre | 1 year |
| Renewal Fee | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | $2,000 |
Business Experience Requirements |
|
| Experience | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | Marketing skills Teaching experience |
Financing Options |
|
| Franchise Fees | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | |
| Start-up Costs | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | |
| Equipment | |
| Discovery Point} | |
| Ho Math & Chess Learning Centre | |
| Inventory | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | |
| Receivables | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | |
| Payroll | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | |
Training & Support |
|
| Training | |
| Discovery Point | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center |
| Ho Math & Chess Learning Centre | |
| Support | |
| Discovery Point | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
| Ho Math & Chess Learning Centre | Toll-free phone line, Purchasing cooperatives |
| Marketing | |
| Discovery Point | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Ho Math & Chess Learning Centre | Co-op advertising |
| Operations | |
| Discovery Point | Number of Employees Required to Run: 35 |
| Ho Math & Chess Learning Centre | Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 1 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Discovery Point | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Ho Math & Chess Learning Centre | |
| Canada Expansion | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Discovery Point | |
| Ho Math & Chess Learning Centre | |