Huntington Learning Center

Overview

Website: www.huntingtonfranchise.com

Franchise Fee: $36,000

Royalties: 9.5%

Cash Investment: $110,000

Total Investment: $163,521 - $302,211

Net Worth: $200,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

Huntington Learning Center is the nation’s leading K-12 tutoring and test prep provider. We welcome franchisees who are interested in helping students and families in their communities get the best education possible, which is our mission. Our revenue is 34% higher than our closest competitor. Our results are tremendous – in 50 hours of instruction our tutoring students will go up on average one grade level in reading and one grade level in math. Our test prep students will go up 5.4 points on the ACT and 229 points on the SAT on average, which has helped them receive amazing scholarship opportunities. We pride ourselves on world-class student results and franchisee profitability. We are a top franchise on the Franchise Business Review, we are top in Entrepreneur Magazine, in addition to several other accolades. We are accredited by Middle States Association and Western Association of Schools and Colleges. Most importantly we get results. We are excited to introduce Huntington to your clients who are interested in making a difference every day by building the skills, confidence and motivation for students to succeed in and out of the classroom. Huntington was founded in 1977 by Dr. Ray Huntington and Mrs. Eileen Huntington. Anne Huntington, the second generation of the founding family, serves as the company’s President.
WHY Huntington Learning Center?
Low investment starting at $154,063
3 revenue streams: Academic Skills, Subject Tutoring, and Exam Prep
Brick and mortar, online
High-end service business with highly motivated customers
A feel-good community business
OUR IDEAL FRANCHISEE
Business or education background
Socially and community minded individual
Team builder – likes working with people
Active ownership
Ideal for family partnerships
Education certification is NOT required
AVAILABLE MARKETS
US markets available: All except noted below
HOT Regions/Desirable: All available markets
NOT available: AK & HI
Available in Canada: No
International Referrals: No
BACKGROUND
Franchised Units: 265
Company Owned Units: 12
E2 Visa Friendly: No
Average Number Of Employees: One full time staff member to start (Franchisee). Franchisee acts as Center Director for first 1-2 years; several part-time teachers to start.
Passive Ownership: Semi-Absentee after 1-2 years of owner-operator, must hire FT Center Manager/Center Director
FINANCIAL DETAILS
Cash Investment: $110,000
Total Investment: $163,521 - $302,211
Minimum Net Worth: $200,000 with $65,000 Liquid
Franchise Fee: $36,000
Royalty: 9.5%
Ad: 2%
VetFran program: Yes, 25% off franchise fee
Financial Assistance Provided: Yes, Third Party Financing
SUPPORT & TRAINING PROVIDED
Training and support program details:
Franchisee Initial Training (FIT) is held virtually with a live trainer, 3 weeks (M-Th), can be non-consecutive. Ongoing training is both in-person (regional) and online.
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Co-Operative Advertising: Yes
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Why Huntington Learning Center?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1977

Year Franchised: 1985

Home Based: No

Financial Details

Franchise Fee:$36,000
Total Investment Range: Single Unit: $163,521 - $302,211
Net Worth Requirement:$200,000
Royalty:9.5%
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: