Start-Up Costs and Fees |
||
| Language Leaders | Discovery Point | |
| Investment | 18700 - 107000 | 405572 - 3443722 |
| Franchise Fee | 0 | |
| Royalty Fee | 15% | 4.7K-$6.5K/mo. |
| Advertising Fee | 1.8K/mo. | |
| Year Founded | 1998 | 1988 |
| Year Franchised | 2004 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Language Leaders | Discovery Point | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Language Leaders | Discovery Point | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Language Leaders | Discovery Point | |
| Training | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center | |
| Support | Toll-free phone line, Internet | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
| Marketing | Co-op advertising, Ad slicks | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | 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) | Number of Employees Required to Run: 35 |
Expansion Plans |
||
| Language Leaders | Discovery Point | |
| US Expansion | 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, | 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 | |
| Language Leaders | |
| Discovery Point | |
| Franchise Fee | |
| Language Leaders | |
| Discovery Point | |
| Royalty Fee | |
| Language Leaders | 15% |
| Discovery Point | 4.7K-$6.5K/mo. |
| Advertising Fee | |
| Language Leaders | |
| Discovery Point | 1.8K/mo. |
| Year Founded | |
| Language Leaders | 1998 |
| Discovery Point | 1988 |
| Year Franchised | |
| Language Leaders | 2004 |
| Discovery Point | 1990 |
| Term Of Agreement | |
| Language Leaders | 10 years |
| Discovery Point | 20 years |
| Renewal Fee | |
| Language Leaders | to $20K |
| Discovery Point | |
Business Experience Requirements |
|
| Experience | |
| Language Leaders | Industry experience General business experience Marketing skills |
| Discovery Point | |
Financing Options |
|
| Franchise Fees | |
| Language Leaders | No |
| Discovery Point | No |
| Start-up Costs | |
| Language Leaders | |
| Discovery Point | |
| Equipment | |
| Language Leaders} | |
| Discovery Point | |
| Inventory | |
| Language Leaders | |
| Discovery Point | |
| Receivables | |
| Language Leaders | |
| Discovery Point | |
| Payroll | |
| Language Leaders | |
| Discovery Point | |
Training & Support |
|
| Training | |
| Language Leaders | |
| Discovery Point | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing center |
| Support | |
| Language Leaders | Toll-free phone line, Internet |
| Discovery Point | Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Field Operations Site Selection |
| Marketing | |
| Language Leaders | Co-op advertising, Ad slicks |
| Discovery Point | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| 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) |
| Discovery Point | Number of Employees Required to Run: 35 |
Expansion Plans |
|
| US Expansion | |
| 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, |
| 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 |
| Canada Expansion | |
| Language Leaders | |
| Discovery Point | |
| International Expansion | |
| Language Leaders | |
| Discovery Point | |