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Entrepreneur: Start & Grow Your Business

Ho Math & Chess Learning Centre

Math & chess learning program

Background

Founded: 1995 Franchising since: 2004
#4, 2265 W. 41st
Vancouver, British columbia V6M 2A3
Phone:
(604)263-4321


Franchisor is a privately-held company with 8 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 8 4 12 1
2008 8 2 15 2
2007 3 5 8 0
2006 1 3 3 1
2005 0 2 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, 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
Worldwide

Exclusive territories available.
Territory size: Bound by city

Costs and Fees

Total investment: $2.1K
Franchise fee: $2.1K
Term of agreement: 1 year, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $3K
Cash liquidity requirement: $3K
Business Experience:
  • Marketing skills
  • Teaching experience

Operations
  • Franchise can be run from home
  • 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
  • Available at headquarters: 1 week

Ongoing Support
  • Newsletter
  • Internet
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising