Huntington Learning Centers

Huntington Learning Centers

#198

Initial Investment

LOW: $99,245
HIGH: $204,210

Change in Units

+4.9% +13 UNITS (1 Year)
+3.0% +8 UNITS (3 Years)

Company Profile

Founded

1977

Franchising Since

1985 (31 Years)

Corporate Address

496 Kinderkamack Rd. Oradell, NJ 07649

CEO

Eileen Huntington

Parent Company

Huntington Learning Centers, Inc.

About Huntington Learning Centers

Huntington Learning Centers was started by Dr. Raymond J. Huntington and his wife, Eileen, in 1977. The company began franchising in 1985.

Huntington Learning Centers offer instruction in reading, mathematics and study skills, as well as phonics, spelling, vocabulary, writing, algebra, geometry and SAT/ACT exam preparation.

Financials

Financial Requirements

Initial Investment

$99,245 - $204,210

Net-worth Requirement

$150,000

Liquid Cash Requirement

$60,000

Ongoing Fees

Initial Franchise Fee

$22,000

Ongoing Royalty Fee

9.5%

Ad Royalty Fee

2%

Financing Options

Huntington Learning Centers offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory

Huntington Learning Centers has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


50% off first-unit franchise fee

Franchise 500® Rank History

Highest Rank: 107

Lowest Rank: 500

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training at headquarters: 3 weeks

Additional Training: At franchisee's location and online

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
Regional Media
National Media

Number of employees required to run: 1

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 29th, 2015

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