Start-Up Costs and Fees |
||
| Spider Smart | Huntington Learning Centers | |
| Investment | 80400 - 142400 | 133458 - 276669 |
| Franchise Fee | 0 | |
| Royalty Fee | 9.50% | |
| Advertising Fee | 2% | |
| Year Founded | 2004 | 1977 |
| Year Franchised | 2014 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Spider Smart | Huntington Learning Centers | |
| Experience | General business experience | |
Financing Options |
||
| Spider Smart | Huntington Learning Centers | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Spider Smart | 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 |
||
| Spider Smart | 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 | 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 | |
| Spider Smart | |
| Huntington Learning Centers | |
| Franchise Fee | |
| Spider Smart | |
| Huntington Learning Centers | |
| Royalty Fee | |
| Spider Smart | |
| Huntington Learning Centers | 9.50% |
| Advertising Fee | |
| Spider Smart | |
| Huntington Learning Centers | 2% |
| Year Founded | |
| Spider Smart | 2004 |
| Huntington Learning Centers | 1977 |
| Year Franchised | |
| Spider Smart | 2014 |
| Huntington Learning Centers | 1985 |
| Term Of Agreement | |
| Spider Smart | |
| Huntington Learning Centers | 10 years |
| Renewal Fee | |
| Spider Smart | |
| Huntington Learning Centers | up to $20K |
Business Experience Requirements |
|
| Experience | |
| Spider Smart | |
| Huntington Learning Centers | General business experience |
Financing Options |
|
| Franchise Fees | |
| Spider Smart | |
| Huntington Learning Centers | |
| Start-up Costs | |
| Spider Smart | |
| Huntington Learning Centers | |
| Equipment | |
| Spider Smart} | |
| Huntington Learning Centers | |
| Inventory | |
| Spider Smart | |
| Huntington Learning Centers | |
| Receivables | |
| Spider Smart | |
| Huntington Learning Centers | |
| Payroll | |
| Spider Smart | |
| Huntington Learning Centers | |
Training & Support |
|
| Training | |
| Spider Smart | |
| Huntington Learning Centers | On-The-Job Training: 16 hours Classroom Training: 155 hours Additional Training: At franchisee's location and online |
| Support | |
| Spider Smart | |
| Huntington Learning Centers | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Spider Smart | |
| Huntington Learning Centers | Co-op advertising, Ad slicks, National media |
| Operations | |
| Spider Smart | |
| 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 | |
| Spider Smart | 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 |
| 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 | |
| Spider Smart | |
| Huntington Learning Centers | |
| International Expansion | |
| Spider Smart | |
| Huntington Learning Centers | |