Editor’s note: This article was first published in May 2011; its franchise figures, including 9 franchisees in Spain, more than 900 worldwide and an investment of 20,000-60,000 euros, are from that month.
As an innovative franchise, we’d like to highlight Aloha Mental Arithmetic, a franchise that has imported a mental development programme for children aged 4 to 13. It is based on developing the right hemisphere of the brain, which is where visual memory mainly resides.
The programme comes from Malaysia, and the benefits it brings to children who take it have already been established. Aloha has now entered Spain, where it has a large market to cover; the only difficulty is raising public awareness of the importance of mental arithmetic. Beyond that, we can say that this business opportunity, offered as a franchise, has no competition at all in Spain.
Aloha already has 9 franchisees in Spain and more than 900 worldwide.
The investment in this franchise ranges from 20,000 to 60,000 euros, with the advantage that, at the start, you don’t need business premises.
Besides individual families, the service is aimed at state schools, private schools, state-funded private schools and so on.
According to the franchise’s directors, Aloha is a very profitable business in the short term, and it allows excellent coverage with a small team.
The key requirement for taking on this type of franchise is a strong interest in education and in working with children, along with sales skills to grow the business within the assigned territory.
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