Start-Up Costs and Fees |
||
| Huntington Learning Centers | Mind Lab | |
| Investment | 133458 - 276669 | 35000 - 60000 |
| Franchise Fee | 0 | |
| Royalty Fee | 9.50% | |
| Advertising Fee | 2% | |
| Year Founded | 1977 | 1994 |
| Year Franchised | 1985 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Huntington Learning Centers | Mind Lab | |
| Experience | General business experience | |
Financing Options |
||
| Huntington Learning Centers | Mind Lab | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Huntington Learning Centers | Mind Lab | |
| Training | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Huntington Learning Centers | Mind Lab | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Huntington Learning Centers | |
| Mind Lab | |
| Franchise Fee | |
| Huntington Learning Centers | |
| Mind Lab | |
| Royalty Fee | |
| Huntington Learning Centers | 9.50% |
| Mind Lab | |
| Advertising Fee | |
| Huntington Learning Centers | 2% |
| Mind Lab | |
| Year Founded | |
| Huntington Learning Centers | 1977 |
| Mind Lab | 1994 |
| Year Franchised | |
| Huntington Learning Centers | 1985 |
| Mind Lab | 1994 |
| Term Of Agreement | |
| Huntington Learning Centers | 10 years |
| Mind Lab | |
| Renewal Fee | |
| Huntington Learning Centers | up to $20K |
| Mind Lab | |
Business Experience Requirements |
|
| Experience | |
| Huntington Learning Centers | General business experience |
| Mind Lab | |
Financing Options |
|
| Franchise Fees | |
| Huntington Learning Centers | No |
| Mind Lab | No |
| Start-up Costs | |
| Huntington Learning Centers | |
| Mind Lab | |
| Equipment | |
| Huntington Learning Centers} | |
| Mind Lab | |
| Inventory | |
| Huntington Learning Centers | |
| Mind Lab | |
| Receivables | |
| Huntington Learning Centers | |
| Mind Lab | |
| Payroll | |
| Huntington Learning Centers | |
| Mind Lab | |
Training & Support |
|
| Training | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Mind Lab | |
| Support | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Mind Lab | |
| Marketing | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Mind Lab | |
| Operations | |
| Huntington Learning Centers | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Mind Lab | |
Expansion Plans |
|
| US Expansion | |
| Huntington Learning Centers | 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 |
| Mind Lab | |
| Canada Expansion | |
| Huntington Learning Centers | |
| Mind Lab | |
| International Expansion | |
| Huntington Learning Centers | |
| Mind Lab | |