Educational franchisee

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can_busi
Member since: Mar 07

Posts: 4
Location:
Post ID: #PID

Posted on: 07-03-07 12:40:35

Hi,
I am thinking about opening an educational franchisee like kumon or sylvan..anyone has experiecne on those? can you share your thoughts on the positive/negative aspects of such franchisees?
any input will be greatly appreciated..
thanks

Aashu
Member since: Nov 04

Posts: 1353
Location: Vaughan
Post ID: #PID

Posted on: 07-03-07 13:34:11

I am interested in doing so too. Where r u located ?

can_busi
Member since: Mar 07

Posts: 4
Location:
Post ID: #PID

Posted on: 07-03-07 16:18:05

Quote:
Originally posted by Aashu

I am interested in doing so too. Where r u located ?

I am in brampton..what about you?

Manjeet
Member since: Aug 03

Posts: 283
Location: Toronto ON Canada
Post ID: #PID

Posted on: 07-03-07 16:38:03

If you guys want to get into IT training and get it authorized for IBM official trainings then you can get in touch with me as I am authorized instructor for such courses and will be able to help you meet the requirements.

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Manjeet Singh

chandresh
Member since: Mar 03

Posts: 2606
Location: Toronto
Post ID: #PID

Posted on: 07-03-07 18:26:37

Hi Guys,

Just remember one thing - investment in an education franchise is more than investment in a food franchise like Second Cup, Coffee Time, Country Style etc. Reason - in food franchise all equipment can be financed - all you need is working capital and franchise fee investment while in education franchise, nothing can be financed (since it is copyrights/books and furniture that you are investing in)

Chandresh

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Chandresh

Advice is free – lessons I charge for!!

can_busi
Member since: Mar 07

Posts: 4
Location:
Post ID: #PID

Posted on: 08-03-07 09:07:25

Quote:
Originally posted by chandresh

Hi Guys,

Just remember one thing - investment in an education franchise is more than investment in a food franchise like Second Cup, Coffee Time, Country Style etc. Reason - in food franchise all equipment can be financed - all you need is working capital and franchise fee investment while in education franchise, nothing can be financed (since it is copyrights/books and furniture that you are investing in)

Chandresh

That's a good point..Thanks for your replies guys..
Though investment in kumon is not in high range, sylvan requires a little higher investment (return is high too)..
any other thoughts?

Manjeet - Right now do you know of any IT traning franchise? I don't want to do anything which is not a franchise because I want the support system..

Thanks

manu2007
Member since: Mar 07

Posts: 1
Location:
Post ID: #PID

Posted on: 11-04-07 17:05:02

I am interested in opening Kumon franchise as well. I need some info from the people who have already done their homework, how much investment are we looking forward to? What is average annual profit roughly?

appreciate your input.

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