Start-Up Costs and Fees |
||
| Math Squared Education | Huntington Learning Centers | |
| Investment | 18550 - 39300 | 133458 - 276669 |
| Franchise Fee | 0 | |
| Royalty Fee | 9.50% | |
| Advertising Fee | 2% | |
| Year Founded | 0 | 1977 |
| Year Franchised | 0 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Math Squared Education | Huntington Learning Centers | |
| Experience | General business experience | |
Financing Options |
||
| Math Squared Education | Huntington Learning Centers | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Math Squared Education | Huntington Learning Centers | |
| 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 |
||
| Math Squared Education | Huntington Learning Centers | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Math Squared Education | |
| Huntington Learning Centers | |
| Franchise Fee | |
| Math Squared Education | |
| Huntington Learning Centers | |
| Royalty Fee | |
| Math Squared Education | |
| Huntington Learning Centers | 9.50% |
| Advertising Fee | |
| Math Squared Education | |
| Huntington Learning Centers | 2% |
| Year Founded | |
| Math Squared Education | 0 |
| Huntington Learning Centers | 1977 |
| Year Franchised | |
| Math Squared Education | 0 |
| Huntington Learning Centers | 1985 |
| Term Of Agreement | |
| Math Squared Education | |
| Huntington Learning Centers | 10 years |
| Renewal Fee | |
| Math Squared Education | |
| Huntington Learning Centers | up to $20K |
Business Experience Requirements |
|
| Experience | |
| Math Squared Education | |
| Huntington Learning Centers | General business experience |
Financing Options |
|
| Franchise Fees | |
| Math Squared Education | |
| Huntington Learning Centers | |
| Start-up Costs | |
| Math Squared Education | |
| Huntington Learning Centers | |
| Equipment | |
| Math Squared Education} | |
| Huntington Learning Centers | |
| Inventory | |
| Math Squared Education | |
| Huntington Learning Centers | |
| Receivables | |
| Math Squared Education | |
| Huntington Learning Centers | |
| Payroll | |
| Math Squared Education | |
| Huntington Learning Centers | |
Training & Support |
|
| Training | |
| Math Squared Education | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Support | |
| Math Squared Education | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Math Squared Education | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Operations | |
| Math Squared Education | |
| 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 | |
| Math Squared Education | |
| 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 | |
| Math Squared Education | 0 |
| Huntington Learning Centers | |
| International Expansion | |
| Math Squared Education | |
| Huntington Learning Centers | |