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KnowledgePoints Development Corporation has added reward to the proverbial three Rs of education list. The company provides needs assessment and supplemental tutoring in reading, math, and study skills for students in grades K-12. The company operates through a network of franchised centers located across the US. W. Berry Fowler, the founder of tutoring powerhouse Sylvan Learning Centers (now part of Educate), started KnowledgePoints. The company began franchising operations in 2000. Capistar Franchise Holdings acquired the company in 2003.
Liquid capital required
|
$80,000
|
Net worth required
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$250,000
|
Investment
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$89,350 - $150,250
|
Franchise fee
|
$22,500
|
Units in operation
|
46
|
You'll need $80,000 in liquid capital to open a KnowledgePoints. KnowledgePoints expects new franchisees to have a net worth of at least $250,000. The lowest you can expect to invest is $89,350 if you want to become a franchisee. $150,250 is the most that KnowledgePoints expects its owners will need to invest in a new location. $22,500 is the franchise fee new franchisees pay the franchisor. In total, there are 46 units of this franchise open today.
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