New Horizons Computer Learning Centers Inc.
At a Glance
Products & Services: Computer training & support
Number of Locations:
Total Investment: $370K - 560K
Founded: 1982
Began Franchising: 1992
About New Horizons Computer Learning Centers Inc.
BACKGROUNDStartup Costs, Ongoing Fees and Financing
Total Investment: $370,000 - $560,000
Franchise Fee: $25,000 - $75,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000 - $75,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $300,000 - $500,000
Operations
5% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 23. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations,
Marketing Support: Ad slicks, National media,
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