Huntington Learning Centers

Children's educational services

Background

Founded: 1977 Franchising since: 1985
A pioneer in supplemental education, 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.

Address:
496 Kinderkamack Rd.
Oradell, New Jersey 07649
Phone:
(800)653-8400/ (201)261-8400


Franchisor has 100 employee(s); 8 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 331 0 0 34
2008 342 0 0 36
2007 319 0 0 34
2006 253 0 0 35

Where Seeking Franchisees
Nationwide

Exclusive territories available.

Costs and Fees

Total investment: $232,250 - $307,450
Franchise fee: $43,000
Ongoing royalty fee: 8%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $250,000
Cash liquidity requirement: $60,000
Business Experience:
  • General business experience

Operations
  • 35% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 3
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 weeks
  • At various locations for 2-3 days twice a year

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media

Other marketing support
  • National television advertising

Rankings

Franchise 500® rank:
#114 (2010); #107 (2009); #108 (2008); #163 (2007); #218 (2006);

Fastest-Growing Franchises:
#58 (2008);


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