1977
290
$163,521
$36,000
$110,000
No
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 45% higher than our closest competitor. Our results are tremendous – in 50 hours of instruction our tutoring students will go up one grade level in reading and one grade level in math on average and 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 of Colleges and Schools. 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 Sharma, the second generation of the founding family, serves as the company’s President.
Established: 1977
1st Franchised: 1985
Franchised Units: 290
Company Owned Units: 4
Registered: All but HI and AK
(Now receiving inquiries for NY/NJ Metro corporate resales.)
Initial Investment: $163,521 - $302,211.
Minimum Net Worth: $200,000 with $110,000 in liquidity
Franchise Fee: $36,000 (included in initial investment)
Royalty: 9.5%
Ad: 2%
Average Number of Employees: One full-time (Center Director or Center Manager), must be Franchisee to start. Two part-time staff members - Teacher Supervisor and Program Administrator, with several part time teachers.
Ownership: Owner-operator for first 1-2 years. Business partners allowed, Primary Owner must not have another job.
Financial Assistance Provided: Third Party Financing
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Co-Operative Advertising: Yes
Training: 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.
Owner-operator acts as Center Director/Center Manager for first 1-2 years, then has option hire this person. Center Manager duties: