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Futurekids (Canada)
18 Crimson Millway
Willowdale, ON M2L 1T6 CANADA
800#:
Tel: (416) 445-6488
Fax: (416) 445-5750
E-Mail:
Web Site: www.worldfranchising.com/website.htm
Contact: Mr. Elliot Sachar, President
Computer-training centers. We train children and adults how to use the computer as a tool. Teach out of learning centers through regular classes, camps and special interest groups. We also go out on-location to work with schools, daycares, etc., and provide teacher training for public and private schools.
Franchisor Background
Established: 1983
First Franchise: 1989
Franchise Units: 596
Company-Owned Units:
Total Units: 596
Distribution:
U.S. -- 243;
Canada -- 31;
International -- 322
�North America -- Operations in 38 States, 7 Provinces
�States/Provinces with Greatest Density: 58 in CA, 26 in NY, 14 in ON
Projected New Units Over Next 12 months:20
Franchisee Qualifications:5, 5, 4, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: AB
Average Number of Employees: Varies (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; SF, SC
(Click here for abbreviations)
Encourage Conversion: No
Financial Requirements
Cash Investment: $48K
Total Investment: $100-142.9K
Average Total Investment: $121.5K
Minimum Net Worth: $100K
Fees
�Franchise: $50K;
�Average Franchise Fee: $50.0K
�Royalty: 10% + $360
�Average Royalty: 10.0%
�Advertising: 2%/$250
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/1.5
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
Franchisee Association / Member: NR
Size Of Corporate Staff: 1
On-Going Support: B,C,D,e,G,H,I (Click here for an explanation)
Training: 2 Weeks Los Angeles, CA.
Franchisor's Specific Expansion Plans
U.S.: No
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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