Start-Up Costs and Fees |
||
| Smart Brain America | Huntington Learning Centers | |
| Investment | 60200 - 163700 | 133458 - 276669 |
| Franchise Fee | 0 | |
| Royalty Fee | $12-20/student/month | 9.50% |
| Advertising Fee | 2% | |
| Year Founded | 2003 | 1977 |
| Year Franchised | 2005 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smart Brain America | Huntington Learning Centers | |
| Experience | General business experience | |
Financing Options |
||
| Smart Brain America | Huntington Learning Centers | |
| Franchise Fees | No | No |
| Start-up Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Receivables | No | Yes |
| Payroll | No | Yes |
Training & Support |
||
| Smart Brain America | 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 |
||
| Smart Brain America | 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 | |
| Smart Brain America | |
| Huntington Learning Centers | |
| Franchise Fee | |
| Smart Brain America | |
| Huntington Learning Centers | |
| Royalty Fee | |
| Smart Brain America | $12-20/student/month |
| Huntington Learning Centers | 9.50% |
| Advertising Fee | |
| Smart Brain America | |
| Huntington Learning Centers | 2% |
| Year Founded | |
| Smart Brain America | 2003 |
| Huntington Learning Centers | 1977 |
| Year Franchised | |
| Smart Brain America | 2005 |
| Huntington Learning Centers | 1985 |
| Term Of Agreement | |
| Smart Brain America | 10 years |
| Huntington Learning Centers | 10 years |
| Renewal Fee | |
| Smart Brain America | $3,000 |
| Huntington Learning Centers | up to $20K |
Business Experience Requirements |
|
| Experience | |
| Smart Brain America | |
| Huntington Learning Centers | General business experience |
Financing Options |
|
| Franchise Fees | |
| Smart Brain America | No |
| Huntington Learning Centers | No |
| Start-up Costs | |
| Smart Brain America | |
| Huntington Learning Centers | |
| Equipment | |
| Smart Brain America} | |
| Huntington Learning Centers | |
| Inventory | |
| Smart Brain America | |
| Huntington Learning Centers | |
| Receivables | |
| Smart Brain America | |
| Huntington Learning Centers | |
| Payroll | |
| Smart Brain America | |
| Huntington Learning Centers | |
Training & Support |
|
| Training | |
| Smart Brain America | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Support | |
| Smart Brain America | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Smart Brain America | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Operations | |
| Smart Brain America | |
| 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 | |
| Smart Brain America | |
| 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 | |
| Smart Brain America | 0 |
| Huntington Learning Centers | |
| International Expansion | |
| Smart Brain America | |
| Huntington Learning Centers | |