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Academy of Learning

Five Bank St., # 202
Attleboro, MA 02703
800#:
Tel: (508) 222-0000
Fax: (508) 222-0005
E-Mail:
Web Site: www.academyol.com
Contact: Mr. Jeffrey A. Goldwasser, U. S. Director of Operations


Computer training centers, utilizing unique 'Integrated Learning System.' This self-paced, flex-time system uses audio instruction, workbooks and PCs with full individual supervision.


Franchisor Background

Established: 1987; First Franchise: 1987
Franchise Units: 154
Company-Owned Units: 3
Total Units: 157
Distribution: U.S. -- 7; Canada -- 140; International -- 10
> North America -- Operations in 3 States, 9 Provinces
> States/Provinces with Greatest Density: 50 in ON, 16 in BC, 9 in AB
Projected New Units Over Next 12 months: 50
Franchisee Qualifications: 4, 4, 3, 4, 2, 5 (for an explanation click here)
Registered in Following Registration States: NY,RI,AB
Average Number of Employees: 5 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 3,000 SF; Other (for abbreviations click here)

Financial Requirements

Cash Investment: $100K
Total Investment: $200-300K; Average Total Investment: $250K
Minimum Net Worth: $200K
Fees: Franchise: $30K; Average Franchise Fee: $30K
Royalty: 0%
Advertising: $400/Mo.

Provide Earning Claim Statement: No

Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Encourage Conversions: Yes
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes

Franchisor Support and Training Provided

Financial Assistance: No (D = Direct; I = Indirect; B = Both)
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 30
On-Going Support: C,D,E,G,h,I (for an explanation click here)
Training: 2 Weeks Training Center; 2 Days Head Office; 1 Week On-Site.

Franchisor's Specific Expansion Plans

U.S.: Northeast
Canada: All Canada
Overseas: All Countries

Note: NR = No Response by Franchisor.

For a sample questionnaire click here.