Start-Up Costs and Fees |
||
| Ivy Kids Systems | Huntington Learning Centers | |
| Investment | 0 - 0 | 133458 - 276669 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 9.50% | |
| Advertising Fee | 2% | |
| Year Founded | 2002 | 1977 |
| Year Franchised | 2016 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ivy Kids Systems | Huntington Learning Centers | |
| Experience | General business experience | |
Financing Options |
||
| Ivy Kids Systems | Huntington Learning Centers | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Ivy Kids Systems | Huntington Learning Centers | |
| Training | - Corporate based in classroom training and pre-opening location based training - Specific instruction for owner, center director and education director - Assistance in licensing, opening, staff development and retention - Dedicated training of all new teachers and refresher training for long term staff - Guidance for implementing effective grand opening, open house events and community-orientated activities | 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 |
||
| Ivy Kids Systems | Huntington Learning Centers | |
| US Expansion | Florida, Georgia, North Carolina, Ohio, Tennessee, Texas | 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 | |
| Ivy Kids Systems | |
| Huntington Learning Centers | |
| Franchise Fee | |
| Ivy Kids Systems | |
| Huntington Learning Centers | |
| Royalty Fee | |
| Ivy Kids Systems | |
| Huntington Learning Centers | 9.50% |
| Advertising Fee | |
| Ivy Kids Systems | |
| Huntington Learning Centers | 2% |
| Year Founded | |
| Ivy Kids Systems | 2002 |
| Huntington Learning Centers | 1977 |
| Year Franchised | |
| Ivy Kids Systems | 2016 |
| Huntington Learning Centers | 1985 |
| Term Of Agreement | |
| Ivy Kids Systems | |
| Huntington Learning Centers | 10 years |
| Renewal Fee | |
| Ivy Kids Systems | |
| Huntington Learning Centers | up to $20K |
Business Experience Requirements |
|
| Experience | |
| Ivy Kids Systems | |
| Huntington Learning Centers | General business experience |
Financing Options |
|
| Franchise Fees | |
| Ivy Kids Systems | |
| Huntington Learning Centers | |
| Start-up Costs | |
| Ivy Kids Systems | |
| Huntington Learning Centers | |
| Equipment | |
| Ivy Kids Systems} | |
| Huntington Learning Centers | |
| Inventory | |
| Ivy Kids Systems | |
| Huntington Learning Centers | |
| Receivables | |
| Ivy Kids Systems | |
| Huntington Learning Centers | |
| Payroll | |
| Ivy Kids Systems | |
| Huntington Learning Centers | |
Training & Support |
|
| Training | |
| Ivy Kids Systems | - Corporate based in classroom training and pre-opening location based training - Specific instruction for owner, center director and education director - Assistance in licensing, opening, staff development and retention - Dedicated training of all new teachers and refresher training for long term staff - Guidance for implementing effective grand opening, open house events and community-orientated activities |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Support | |
| Ivy Kids Systems | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Ivy Kids Systems | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Operations | |
| Ivy Kids Systems | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Ivy Kids Systems | Florida, Georgia, North Carolina, Ohio, Tennessee, Texas |
| 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 |
| Canada Expansion | |
| Ivy Kids Systems | |
| Huntington Learning Centers | |
| International Expansion | |
| Ivy Kids Systems | |
| Huntington Learning Centers | |