KnowledgePoints Inc.
At a Glance
Products & Services: Tutoring
Number of Locations: 47
Total Investment: $89.35K - 150.25K
Founded: 1999
Began Franchising: 2003
Private Owned
About KnowledgePoints Inc.
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.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2009 | 46 | 0 | 0 | 1 |
| 2008 | 57 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
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.
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.
Startup Costs, Ongoing Fees and Financing
Total Investment: $89,350 - $150,250
Franchise Fee: $22,500
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $22,500
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $80,000
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).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: 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,