KnowledgePoints Inc.
TutoringBackground
Founded: 1999 Franchising since: 2003
KnowledgePoints offers affordable academic tutoring for students in grades 1 through 12 using individualized programs in reading, math, and study skills. The company is headquartered in Portland, Oregon.
Franchisor is a privately-held company with 10 employee(s); 2 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: By ZIP code
KnowledgePoints offers affordable academic tutoring for students in grades 1 through 12 using individualized programs in reading, math, and study skills. The company is headquartered in Portland, Oregon.
|
5 Centerpointe Dr., #250 Lake Oswego, Oregon 97035 |
Phone: (503)270-5100 |
Franchisor is a privately-held company with 10 employee(s); 2 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 46 | 0 | 0 | 1 |
| 2008 | 57 | 0 | 0 | 0 |
| 2007 | 66 | 0 | 0 | 0 |
| 2006 | 40 | 0 | 0 | 0 |
| 2005 | 63 | 0 | 0 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: By ZIP code
Costs and Fees
|
Total investment: $90K-150K Franchise fee: $22.5K |
Ongoing royalty fee: 8% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $80K
Business Experience:
- General business experience
- Management experience
Operations
- 100% 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)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 4 days
- At franchisee's location: 2 weeks
- Ongoing support for franchisee & managers
Ongoing Support
- Meetings
- Grand opening
- Internet
- Field operations/evaluations
Marketing Support
- Co-op advertising
- Ad slicks
- National media
- Regional advertising