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New Horizons Computer Learning Center Logo

New Horizons Computer Learning Center

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New Horizons Computer Learning Center
1900 S. State College Blvd., # 200
Anaheim, CA 92806
800#:
Tel: (714) 940-8000
Fax: (714) 940-8230
E-Mail: [email protected]
Web Site: www.newhorizons.com
Contact: Mr. Tom Bresnan, President/CEO


NEW HORIZONS COMPUTER LEARNING CENTERS, Inc. is the world's largest independent IT training company, meeting the needs of more than 2.4 million students each year. NEW HORIZONS offers a variety of flexible training choices: instructor-led classes, Web-based training, computer-based training, computer labs, certification exam preparation tools and 24-hour, 7-day-a-week help-desk support.




Franchisor Background


Established: 1982
First Franchise: 1992
Franchise Units: 269
Company-Owned Units: 29
Total Units: 298

Distribution:
U.S. -- 181; Canada -- 1; International -- 116
-North America -- Operations in 42 States, 1 Province
-States/Provinces with Greatest Density: 14 in CA, 9 in FL, 6 in NY

Projected New Units Over Next 12 months: 10
Franchisee Qualifications: 5, 5, 2, 3, 3, 5
(Click here for an explanation)

Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 15 FT (FT = Full Time, PT = Part Time)
Space Needs: 4,000-5,000 SF; FS, OB, IP, Business Park (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $150-200K
Total Investment: $400-500K
Average Total Investment: $450.0K
Minimum Net Worth: $500K

Fees:
-Franchise: $25-75K
-Average Franchise Fee: $50.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 1%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(D)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 200+
On-Going Support: B,C,D,E,G,H (Click here for an explanation)
Training: 2 Weeks Headquarters; 1 Week Franchise Location; 2 Days Regional.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: All Countries

Note: NR = No Response by Franchisor.
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