GradePower Learning

At a Glance

Products & Services: Supplemental education

Number of Locations: 19

Total Investment: $94.6K - $243.5K

Founded: 2011

Began Franchising: 2012

Franchise Units

Year U.S. Canadian International Company Owned
2014 19 0 0 0
2013 19 0 0 0
2012 12 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $94,600 - $243,500
Franchise Fee: $40,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $50,000
Operations
9% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 3. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week. Home study : 40-60 hours.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,

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