High Touch-High Tech franchise
2022 filing · June 8, 2022
High Touch-High Tech at a glance
A hands-on science program bringing experiments to schools through in-school and after-school classes, camps and birthday parties.
The business
- Industry
- Education
- Franchisor
- High Touch Investment Corp
- The company that sells the franchises
- Franchising since
- 1994
- 28 years of selling franchises
- Franchisor based in
- Arden, North Carolina
What you pay
- Cost to open
- $63K–$69K
- Fee, build-out and opening working capital
- Franchise fee
- $52,500
- Paid once, when you sign
- Royalty
- 7%
- 7% of gross revenue, paid monthly
- Brand fund
- Yes
- Up to $150, if a fund is started
- Renewal fee
- $3,500
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Franchisor financing
- Some financing offered
Where it is
- Franchised, 2021
- 26
- As printed in the filing
From High Touch Investment Corp’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
High Touch-High Tech among all franchises with the same figure.
| Figure | High Touch-High Tech | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $65,875 | Costs less than 94% of franchises |
| Franchise feePaid once, when you sign | $52,500 | Higher than 81% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
How much a High Touch-High Tech franchise costs
Opening one High Touch-High Tech costs an estimated $62,750 to $69,000. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are initial franchise fee ($52,500) and additional funds necessary to commence or continue operation for first 3 months ($3,000 to $5,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $52,500 | ||
| Telephone (including voice mail) | $150 | $250 | |
| Computer Hardware and Software with Printer | $1,200 | $1,500 | |
| Scientific Supplies | $3,000 | $4,500 | |
| Brochure Printing | $1,000 | $1,200 | |
| Postage | $400 | $450 | |
| Supplies | $500 | $600 | |
| Travel & Living Expenses While Training | $1,000 | $3,000 | |
| Additional Funds necessary to commence or continue operation for first 3 months | $3,000 | $5,000 | |
| Total | $62,750 | $69,000 | |
Source: High Touch Investment Corp, 2022 filing, page 10
High Touch-High Tech franchise fee
The franchise fee is $52,500. You pay it when you sign the franchise agreement.
Source: High Touch Investment Corp, 2022 filing, page 8
Royalty and ongoing fees
| Royalty | 7% of gross revenue, paid monthly. |
|---|---|
| Brand or marketing fund | Up to $150, if a fund is started. |
| Computer Hardware and Software with Printer | $1,200 to $1,500 |
| Transfer Fee | $3,500 under a Franchise Agreement |
| Renewal Fee | $3,500 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: High Touch Investment Corp, 2022 filing, page 8
Other fees as filed, from pages 9–10. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures High Touch-High Tech does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: High Touch Investment Corp, 2022 filing, page 36
How High Touch-High Tech compares
Of the 221 education franchises on this site, High Touch-High Tech is the 42nd cheapest to open.
| Figure | High Touch-High Tech | Typical education brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $63K | $120K | $222K |
| Cost to open, high end | $69K | $228K | $477K |
| Franchise fee | $53K | $42K | $40K |
| Royalty | 7% | 7% | 6% |
| Shares earnings figures | No | 148 of 221 | 2,147 of 3,352 |
Typical is the median across the 221 brands in education franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2019 | 28 (0) | 4 |
| 2020 | 27 (−1) | 4 |
| 2021 | 26 (−1) | 4 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
These figures don't add up as printed: the 2020 counts come to 31, but the filing shows 33. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: home-based franchises and franchise failure rates.
Source: High Touch Investment Corp, 2022 filing, pages 36–37
Who owns High Touch-High Tech?
High Touch-High Tech franchises are sold by High Touch Investment Corp.
From High Touch Investment Corp’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: High Touch Investment Corp, 2022 filing, litigation on page 7, bankruptcy on page 8
High Touch-High Tech filings
The figures on this page come from High Touch Investment Corp’s 2022 filing, issued June 8, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | June 8, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
