|
|
Investment
|
|
|
Capital requirements will vary, based on the size and location of the territory, the development plan, the size of the first center, and local market economics.
Generally, a franchisee must have a minimum of US $100,000 in available capital to launch the first center (Unit Franchise). The capital requirements for certain markets or for multiple centers (Master Franchisee) may surpass several times that.
|
|
|
Converting an existing I.T. training business into a New Horizons franchise could entail a considerably lower investment.
Commercial Terms*
Unit Franchise Fee:
US $30,000 to US $150,000**
** Territory values are based on size and economics of market
Master Franchise Fee***:
US $100,000 to US $1 million+**
** Territory values are based on size and economics of market
Royalties:
To be discussed
Marketing Distribution Fee:
To be discussed
Content & Software Fees:
Varies based on if and how materials/products are used
* This is a summary of key commercial terms. Other terms may apply. Please refer to the franchise agreements and disclosure documents for more details.
***Master Franchisees are for larger territories, typically developed through multiple locations, including the right to award sub-franchises.
|
