What is the build-out cost for a new location?
The build-out cost is approximately $40,000 and includes inventory, resources and office equipment.
How much cash or unencumbered assets will I need?
$20,000 – $30,000 working capital
What are the royalties?
Royalties represent 10% of revenue.
What is the franchise fee?
The franchise fee is $30,000 and includes franchisee training.
What does franchisee training look like?
Prior to opening, the franchisee attends our initial training program that lasts approximately eight days. Training will, unless otherwise stated, take place at our Head Office in Mississauga, Ontario. The franchisee and their staff must also attend such additional or supplemental training courses and seminars and franchisee meetings of such duration as the franchisor may deem reasonably necessary.
What support do you provide your franchisees?
Our Head Office provides operating assistance and training on a continuing basis. Our franchisees attend quarterly franchisee meetings, regular conference calls, webinars, conventions and manager meetings, where they have the opportunity to learn new skills, stay up-to-date with Grade Learning news and provide input, assistance and support in the building, launching and refining of current and new programs.