|
|
Find a Franchise |
|
|
|
|
Newsletter Sign Up |
|
Sign up for our newsletter and receive a free copy of the first chapter of Bond's Franchise Guide.
|
 |
|
|
|
|
|
|
Language instruction, publishing and translation services
Franchisor Background
Year Established: 1878
Franchising Since: 1996
IFA Member
Operating Units: |
Franchised Units: | 100 | | 22.2% | | |
Company-Owned Units: | 350 | | 77.8% | | |
| ______ | | _____ | | |
Total Operating Units: | 450 | | 100% | | |
|
Geographic Distribution: |
U.S.: | 111 | | 24.7% | | In 0 States |
Canada: | 11 | | 2.4% | | In 0 Canadian Provinces |
International: | 328 | | 72.9% | | In 0 Foreign Countries |
| ______ | | _____ | | |
Total: | 450 | | 100% | | |
|
North America: |
States/Provinces with the largest number of operating units: |
Density | Units | | | | |
1. California | 18 | 2. Florida | 18 | 3. New York | 18 |
Registered in Following Registration States: California, Florida, Illinois, Maryland, Michigan, New York, Oregon, Virginia, Washington
Financial Requirements
Investment: |
Minimum Net Worth: | $300K |
Cash Investment: | $150-300K |
Total Investment: | $150-300K |
Average Total Investment: | $225K |
|
Fees: |
Initial Franchise Fee: | $30-50K |
Average Franchise Fee: | $40K |
On-Going Royalty: | 10% |
Average Royalty: | 10% |
Advertising Fee: | 2% |
Average Number of Employees: 1 Full-time, 1 Part-time
Space Needs (in square footage): 1,500-3,000
Preferred Sites:
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
International Franchise Association: | Yes |
Canadian Franchise Association: | No |
Franchisee Association/Member: | No |
Size of Corporate Staff: | 7000 |
Site Selection Assistance? | Yes |
Lease Negotiation Assistance? | Yes |
Financial Assistance? | No |
|
Marketing Support: |
Co-Op Advertising: | No |
National Advertising: | No |
Regional Advertising: | No |
Local Advertising: | No |
Marketing Materials: | None Specified |
Additional Services: | None Specified |
Other Marketing Support: | None Specified |
|
On-Going Support: |
Central Data Processing: | Not Applicable |
Central Purchasing: | Not Applicable |
Field Operation Evaluation: | Included in Fees |
Field Training: | Included in Fees |
Initial Store Opening: | Included in Fees |
Inventory Control: | Included in Fees |
Franchisee Newsletter: | Included in Fees |
Regional or National Meetings: | Included in Fees |
800 Telephone Hotline: | Not Applicable |
|
Training: |
1. Home Office | 2 Weeks | 2. Division Training | 2 Weeks | 3. On-Site | 2 Weeks |
|
|
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): |
|
Financial Net Worth: | 4 |
General Business Experience: | 5 |
Specific Industry Experience: | 2 |
Formal Education: | 3 |
Psychological Profile: | 4 |
Personal Interview(s): | 5 |
| |
| |
Minority Representation
Units Owned by Minorities: |
African-American: | N/A |
Asian-American: | N/A |
Hispanic: | N/A |
Native American: | N/A |
Other: | N/A |
Specific Minority: | N/A |
| |
| |
Terms of Contract
Term of Initial Contract: | 10 Year(s) |
Term of Renewal Period: | 10 Year(s) |
Passive Ownership: | Allowed, But Discouraged |
Area Development Agreements? | Yes, for 1 Year(s) |
Sub-Franchising Contracts? | No |
Franchisees Allowed to Expand Within Territory? | No |
Expansion Plans
Projected New Units Over Next 12 months: 50
U.S.: | Yes, Southeast, West |
Canada: | Yes, NB |
Overseas: | Yes, Africa, Central Asia, Asia |
|
|
|
|
|
|
|
|