Start-Up Costs and Fees |
||
| Discovery Point | Language Leaders | |
| Investment | 405572 - 3443722 | 18700 - 107000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.7K-$6.5K/mo. | 15% |
| Advertising Fee | 1.8K/mo. | |
| Year Founded | 1988 | 1998 |
| Year Franchised | 1990 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Discovery Point | Language Leaders | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Discovery Point | Language Leaders | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Discovery Point | Language Leaders | |
| 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, Internet |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks |
| Operations | Number of Employees Required to Run: 35 | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Discovery Point | Language Leaders | |
| 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 | Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Michigan, Missouri, Mississippi, Montana, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Vermont, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Discovery Point | |
| Language Leaders | |
| Franchise Fee | |
| Discovery Point | |
| Language Leaders | |
| Royalty Fee | |
| Discovery Point | 4.7K-$6.5K/mo. |
| Language Leaders | 15% |
| Advertising Fee | |
| Discovery Point | 1.8K/mo. |
| Language Leaders | |
| Year Founded | |
| Discovery Point | 1988 |
| Language Leaders | 1998 |
| Year Franchised | |
| Discovery Point | 1990 |
| Language Leaders | 2004 |
| Term Of Agreement | |
| Discovery Point | 20 years |
| Language Leaders | 10 years |
| Renewal Fee | |
| Discovery Point | |
| Language Leaders | to $20K |
Business Experience Requirements |
|
| Experience | |
| Discovery Point | |
| Language Leaders | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Discovery Point | |
| Language Leaders | |
| Start-up Costs | |
| Discovery Point | |
| Language Leaders | |
| Equipment | |
| Discovery Point} | |
| Language Leaders | |
| Inventory | |
| Discovery Point | |
| Language Leaders | |
| Receivables | |
| Discovery Point | |
| Language Leaders | |
| Payroll | |
| Discovery Point | |
| Language Leaders | |
Training & Support |
|
| Training | |
| Discovery Point | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center |
| Language Leaders | |
| Support | |
| Discovery Point | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
| Language Leaders | Toll-free phone line, Internet |
| Marketing | |
| Discovery Point | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Language Leaders | Co-op advertising, Ad slicks |
| Operations | |
| Discovery Point | Number of Employees Required to Run: 35 |
| Language Leaders | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 10 Absentee ownership of franchise is NOT allowed. (100% 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 |
| Language Leaders | Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Michigan, Missouri, Mississippi, Montana, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| Discovery Point | |
| Language Leaders | |
| International Expansion | |
| Discovery Point | |
| Language Leaders | |