16 frequently asked questions answered with data from the 2023 Franchise Disclosure Document.
The total initial investment to open a GradePower Learning franchise ranges from $103K to $275K (2023 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for GradePower Learning is $40K (2023 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the GradePower Learning 2023 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
No, GradePower Learning does not require franchisees to have dedicated real estate (2023 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisGradePower Learning charges a royalty fee of 10.0% of gross sales (2023 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a GradePower Learning franchise is approximately 13.0% of gross sales (2023 FDD). This includes the royalty fee, a 3.0% marketing/advertising fund contribution, a $235/month technology fee, and other recurring charges.
View full fees analysisGradePower Learning has been involved in 3 litigation cases over the past 3 years (2023 FDD). There are currently 1 pending cases. There are no class action lawsuits pending.
View full litigation analysisNo, the GradePower Learning franchisor has no bankruptcy filings in their disclosure history (2023 FDD).
View full litigation analysisGradePower Learning offers exclusive territory rights to its franchisees (2023 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.
View full territory analysisGradePower Learning currently operates 148 locations (2023 FDD) (148 franchised, 0 company-owned). The system contracted by 1.3% over the past year. The 3-year compound annual growth rate is -0.2%.
View full growth analysisThe 1-year franchisee turnover rate for GradePower Learning is 2.0% (2023 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisGradePower Learning does not include an Item 19 financial performance representation in their FDD (2023 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.
View full financials analysisThe initial franchise agreement term for GradePower Learning is 10 years (2023 FDD). Franchisees can renew 1 time for 10-year periods. The total potential term is 20 years.
View full contract analysisGradePower Learning's post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 25 miles of the former location (2023 FDD).
View full legal analysisYes, GradePower Learning's franchise agreement requires mandatory arbitration for dispute resolution (2023 FDD). The agreement includes a jury trial waiver.
View full legal analysisGradePower Learning provides 90 hours of initial training (2023 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisYes, GradePower Learning provides site selection assistance to help franchisees find the right location (2023 FDD). The franchisor also provides technology support and systems.
View full support analysis