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KnowledgePoints Inc.

Tutoring

Background

Founded: 1999 Franchising since: 2003
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.
5 Centerpointe Dr., #250
Lake Oswego, Oregon 97035
Phone:
(503)270-5100


Franchisor is a privately-held company with 10 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 46 0 0 1
2008 57 0 0 0
2007 66 0 0 0
2006 40 0 0 0
2005 63 0 0 0

Where Seeking Franchisees
In the U.S. 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

Exclusive territories available.
Territory size: By ZIP code

Costs and Fees

Total investment: $90K-150K
Franchise fee: $22.5K
Ongoing royalty fee: 8%
Term of agreement: 10 years, renewable


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

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $80K
Business Experience:
  • General business experience
  • Management experience

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)

Training and Support

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

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