The Honors Learning Center

Supplemental educational services & academic testing

Background

Founded: 1987 Franchising since: 1991
Sharee and Gary Miller started The Honors Learning Center as an individualized academic program. The centers' goal is to improve comprehension skills for each student by one full grade level after 36 hours of instruction. For every year since 1987, Honors students have averaged a gain of two full grade levels.

Honors franchisees must have current state teaching certification.

P.O. Box 24055
Chattanooga, Tennessee 37422-4055

Phone:
(423)413-6258

Franchisor is a privately-held company with 2 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	1	0	0	0
2008	--	--	--	--
2007	1	0	0	0
2006	1	0	0	0
2005	1	0	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Vermont, West virginia, Wyoming

Exclusive territories available.
Territory size: 30,000 students K-12

Costs and Fees

Total investment: $64.5K-68.7K
Franchise fee: $25K

Ongoing royalty fee: $2.5K/mo.
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $65K
Business Experience:

Marketing skills
Degree in education

Operations

Number of employees needed to run franchised unit: 10
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)