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Home >> Education-Related >> Computer Training
| Fourth R, The 11410 NE 124th St., # 142 Kirkland, WA 98034-4399 |
Submit an online form to receive information from Fourth R, The.
|
Business Description
Computers have changed virtually all aspects of our lives. As we move into the information age, many experts agree that computer literacy has become THE FOURTH R in education today. The Fourth R provides PC courseware, assessment software and certification services to leading schools and learning centers throughout the world.
Franchisor Background
Year Established: 1991
Franchising Since: 1992
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States:
Financial Requirements
Average Number of Employees: Varies Full-time, 0 Part-time
Space Needs (in square footage): 1,800
Preferred Sites: Storefront, Strip Center, Home-based
Other Sites: Commercial
Encourage Conversions? Yes
Earnings Claims Provided?: No
Computers have changed virtually all aspects of our lives. As we move into the information age, many experts agree that computer literacy has become THE FOURTH R in education today. The Fourth R provides PC courseware, assessment software and certification services to leading schools and learning centers throughout the world.
Franchisor Background
Year Established: 1991
Franchising Since: 1992
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 41 | 97.6% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 2.4% | |||||||||||||||||||||||||||||
Total Operating Units: | 42 | 100.0% | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||
States/Provinces with the largest number of operating units:
| Density | Units |
Registered in Following Registration States:
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $None |
| Cash Investment: | $10-20K |
| Total Investment: | $20-40K |
| Average Total Investment: | $25K |
| Fees: | |
| Initial Franchise Fee: | $12-25K |
| Average Franchise Fee: | $10K |
| On-Going Royalty: | $100/Mo./5%Sale |
| Average Royalty: | 5% |
| Advertising Fee: | 0% |
Space Needs (in square footage): 1,800
Preferred Sites: Storefront, Strip Center, Home-based
Other Sites: Commercial
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 2 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 4 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 3 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 5 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Allowed | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 3 | ||||||||
| Site Selection Assistance? | No | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos | ||||||||
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies | ||||||||
| 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: | Not Applicable | ||||||||
| Initial Store Opening: | Not Applicable | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. On-Site | 3-4 Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Fourth R, The.
|
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