How to Start a Huntington Learning Center Franchise in 2022

- Advertisement -

What is the Huntington Learning Center franchise story?

- Advertisement -

- Advertisement -

Huntington Learning Center is the top performing franchise in the tutoring industry. Founded in 1977 by Ray and Eileen Huntington, the Huntington Learning Center provides personalized and online learning programs for K-12 students nationwide. With nearly 300 locations across the United States, Huntington’s business model is based on two key pillars: helping students achieve world-class results and maximizing franchise profitability. Our dedication to these two areas has positioned Huntington Learning Center as the top performing franchise business in the tutoring industry.

- Advertisement -

At Huntington Learning Center, our primary goal is to give every student the best possible education – and we are proud to say that we have helped over one million students gain the confidence and skills they need to do well in school. is required. In fact, on average, our tutoring students increase two grade levels in reading and math with only 50 hours of teaching, and our test prep students see an average increase of 5.4 points on the ACT and 229 points on the SAT . Each of our students receives an average of $71,000 worth of scholarship offers each year – collectively exceeding $187 million in scholarship offers. Huntington Learning Center offers a business model that is based on helping students achieve world-class results through personalized instruction. By becoming a Huntington Learning Center Franchisee, you join a brand that is passionate about student success and franchise profitability with a proven track record that makes a lasting difference.

The popularity of the Huntington Learning Center franchise opportunity is evident in the brand’s overall ranking of 122nd on this year’s Entrepreneur Magazine Franchise 500 list. This ranking is the 10th year in a row that Huntington Learning Center has featured in this prestigious annual list. In addition to being named in the Entrepreneur Franchise 500, Huntington Learning Center has received countless awards over the years for our dedication to our franchise as well as to the families that have been named, including being named a “Top Low Cost Franchise” by Franchise Business Review. We provide service. , a Franchise Times “Top 200+ Organization,” a Franchise Journal “Top Brand,” and one of Franchise Dictionary’s “2020 Game Changers.”

How much does a Huntington Learning Center Franchise cost?

To open a Huntington Learning Center franchise, here are the financial requirements, cash required, and ongoing franchise fees associated with business ownership:

Initial Franchise Fee: $36,000

Initial investment: $148,017 – $263,072

Net Worth Requirement: $200,000

Cash Requirement: $65,000

Veterans Incentive: 25% off first-unit franchise fee

Royalty Fee: 9.5%

Advertising royalty fee: 2%

Term of Agreement: 10 years

request free information

Huntington Learning Center offers in-house financing to cover the following: franchise fees, startup costs, equipment, inventory, accounts receivable and payroll. Investing in a Huntington Learning Center franchise is a decision to own a business that has the power to make the world a better place through education. Huntington Learning Center has helped hundreds of franchisees realize their dreams of owning a meaningful business, and in the process, our franchise owners have helped hundreds of thousands of students. The franchise fee for your first Huntington Learning Center location gives you access to one of the most robust training and ongoing support platforms in the franchise industry. Our long track record of success as a franchisor is due to our continued investments in our support infrastructure. We leave nothing to chance and support every franchise owner in every aspect of our business model.

What Do Huntington Learning Center Franchise Owners Do?

Huntington Learning Center embodies two values ​​that drive everything we do: the success of student learning and the profitability of the franchise. Huntington Learning Center outperforms the competition because our franchisees understand that helping students achieve results leads to success. In fact, Huntington Learning Center is the No. 1 revenue-generating tutoring franchise. Our average franchise center 2019 revenue is up 36% compared to the competition*, and we’ve experienced double-digit growth for eight consecutive years — and there’s no sign of it slowing down anytime soon. Our values ​​guide everything we do, and we make sure we bring in franchise owners who share our values. This is the only way we can ensure that our brand continues to be at the forefront of our industry.

Why Invest in a Huntington Learning Center Franchise?

Lakhs of students are lagging behind in the wake of the pandemic and the demand for tuition is skyrocketing. The COVID-19 pandemic has created a crisis in education our society has never experienced before. The closure of schools and the shift to virtual learning has negatively affected lakhs of students. Students of all ages are behind – and parents are quite concerned. According to the Education Trust, nine out of 10 parents say they are concerned that their children are falling behind due to coronavirus-related school closures, and eight in 10 say their children are experiencing increased levels of stress. are.

News outlets in California, Texas, Florida and other states are reporting that students are falling through the cracks, scores are falling, engagement levels have never dropped, and teachers are stressed and struggling with the new normal. . USA Today published an article titled, “Students Are Lagging In Online School. Where’s The COVID-19 ‘Disaster Plan’ To Catch Them?” Which tells how dire the situation is across the country. “Parents are afraid that their kids are falling behind, and they don’t know what the solution is,” the outlet reports. “They’re looking for leadership. They’re looking for help.” For thousands of students every day, the Huntington Learning Center is the “disaster plan to capture them,” and we couldn’t be more prepared to tackle this crisis.

Huntington Learning Center is committed to empowering students to unlock their full potential and reach their academic goals. Whether it’s K-12 tutoring, sharpening study skills or exam preparation for college entrance exams or state standardized tests, we are able to design personalized plans that sharpen students’ abilities and help the individual student. Improve their score by focusing on the needs. In fact, the very first thing we do is that each student is given an academic assessment that indicates academic strengths and weaknesses, and from there, we determine the best course of action. This alone makes us unique in an industry that offers a one-size-fits-all approach. At Huntington Learning Center, we treat each student as an individual. While many tutoring franchise brands cut corners, Huntington Learning Center adheres to high standards of quality instruction with accreditation and teacher certifications. This means that when parents send their children to us, they can trust that their children are in good hands.

Parents send their kids to us because they want to see improvements in their grades, test preparation and scores, such as the SAT or ACT, and they want to help them develop confidence. In this day and age, parents give us grades too! We are proud to say that 98% of Huntington Learning Center parents will refer us to friends and family. In the class, 98% is A+! This high rating is a testament to the value we bring to our students. Since 1977, individuals holding the Huntington Learning Center franchise have assisted over one million students. Many of whom were accepted into the schools of their dreams and achieved their potential. We are very proud to help our students receive millions of dollars in college scholarship offers.

Request franchise information by filling out this form to learn more about becoming a Huntington franchisee and begin the search process for your own franchise location!

*Data are based on each company’s Franchise Disclosure Document (FDD) for all franchise centers open in 2019, except Kumon, for centers open for at least three years; and Sylvan, which are for the centers, open at least 24 months. Kumon reports in its 2021 FDD that its average franchise center opened in at least 36 months had 150 subjects. We estimate a subject-student’s monthly fee from our web search of the phrase ‘how much do you pay to Kumon’. We used the average of the higher estimates, $145 per month per subject. We estimated a $50 registration fee and a $30 content fee from this web search; And we estimate that half of the center’s enrollees pay these charges.

request free information

Source link

- Advertisement -

Recent Articles

Related Stories