Start-Up Costs and Fees |
||
| GradePower Learning | Sylvan Learning Centers | |
| Investment | 99800 - 270500 | 70270 - 163625 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | 16% |
| Advertising Fee | 3% | |
| Year Founded | 1984 | 1979 |
| Year Franchised | 1991 | 1980 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| GradePower Learning | Sylvan Learning Centers | |
| Experience | Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise. | Industry experience General business experience Marketing skills Education background preferred but not required |
Financing Options |
||
| GradePower Learning | Sylvan Learning Centers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| GradePower Learning | Sylvan Learning Centers | |
| Training | On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study | |
| Support | You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | Ad Templates National Media Regional Advertising | Co-op advertising, Ad slicks, National media |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 | 41% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| GradePower Learning | Sylvan 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 | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| GradePower Learning | |
| Sylvan Learning Centers | |
| Franchise Fee | |
| GradePower Learning | |
| Sylvan Learning Centers | |
| Royalty Fee | |
| GradePower Learning | 10% |
| Sylvan Learning Centers | 16% |
| Advertising Fee | |
| GradePower Learning | 3% |
| Sylvan Learning Centers | |
| Year Founded | |
| GradePower Learning | 1984 |
| Sylvan Learning Centers | 1979 |
| Year Franchised | |
| GradePower Learning | 1991 |
| Sylvan Learning Centers | 1980 |
| Term Of Agreement | |
| GradePower Learning | |
| Sylvan Learning Centers | 10 years |
| Renewal Fee | |
| GradePower Learning | |
| Sylvan Learning Centers | $1K |
Business Experience Requirements |
|
| Experience | |
| GradePower Learning | Surprisingly, you really do not need to have education experience to operate a successful Grade Power franchise. We're looking for individuals with good people skills who can own, operate, manage and promote their own Grade Power franchise. You'll benefit by working alongside two very successful companies as we help you build your franchise. |
| Sylvan Learning Centers | Industry experience General business experience Marketing skills Education background preferred but not required |
Financing Options |
|
| Franchise Fees | |
| GradePower Learning | |
| Sylvan Learning Centers | |
| Start-up Costs | |
| GradePower Learning | |
| Sylvan Learning Centers | |
| Equipment | |
| GradePower Learning} | |
| Sylvan Learning Centers | |
| Inventory | |
| GradePower Learning | |
| Sylvan Learning Centers | |
| Receivables | |
| GradePower Learning | |
| Sylvan Learning Centers | |
| Payroll | |
| GradePower Learning | |
| Sylvan Learning Centers | |
Training & Support |
|
| Training | |
| GradePower Learning | On-The-Job Training: 1 week Classroom Training: 2 weeks Additional Training: Home study |
| Sylvan Learning Centers | |
| Support | |
| GradePower Learning | You will be provided with all the proprietary tools needed - along with the finest training and support system in the franchise industry. Helping you succeed is our primary focus, as we build our mutual franchise into a nationally known and recognized name in the education industry. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
| Sylvan Learning Centers | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| GradePower Learning | Ad Templates National Media Regional Advertising |
| Sylvan Learning Centers | Co-op advertising, Ad slicks, National media |
| Operations | |
| GradePower Learning | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 3 |
| Sylvan Learning Centers | 41% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| GradePower Learning | 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 |
| Sylvan Learning Centers | |
| Canada Expansion | |
| GradePower Learning | |
| Sylvan Learning Centers | |
| International Expansion | |
| GradePower Learning | |
| Sylvan Learning Centers | Canada, |